Seeking Alpha


Send Message
View as an RSS Feed
View stevesko's Comments BY TICKER:
Latest  |  Highest rated
  • Why Apple's Next Big Innovation Might Be iBeacons And Mobile Payment Processing [View article]
    IBeacons seem on the face a game changing technology, but so did Passbook. I'm not saying it wont be successful, I think it will, just pointing out that what seems like a slam dunk isn't always right away.
    Dec 11 02:11 PM | 1 Like Like |Link to Comment
  • On Apple And Vertical Integration [View article]
    I would have agreed with the comment on automating the factories, it seem SO APPLE to do that, but with $8 manufacturing costs per phone, how does that investment make sense, unless it also dramatically improves quality.
    Nov 22 08:43 AM | 1 Like Like |Link to Comment
  • On Apple And Vertical Integration [View article]
    DonoX - You think in a outright purchase, or a investment
    Nov 22 08:38 AM | Likes Like |Link to Comment
  • On Apple And Vertical Integration [View article]
    Great article, as you mention apple is already doing a lot of quasi integration, like buying equipment and making other capital investments in its suppliers. I would imagine those types of investments both secure supply but also lower cost. Not only does it not make sense to acquire suppliers in zero margin businesses, but the technology changes so quickly, where would they be if they had acquired a hard drive supplier now that everything is moving to SSD or acquired Corning when they are now moving to Sapphire.
    Nov 20 10:29 AM | 2 Likes Like |Link to Comment
  • Germans hack iPhone fingerprint scanner [View news story]
    Is it me, or does their video appear to be done on a IPhone 4?

    The screen ratio does not appear to be a 5, and the home button does not look like the 5s
    Sep 23 07:24 AM | Likes Like |Link to Comment
  • Is Apple About To Revolutionize The Mobile Payments Industry? Part 2 [View article]
    Mobil payments will be revolutionary in the US and the TouchID is a key component to the trust that is required.

    Beacons are also very interesting, and as Paypal and others explore them, I just wonder how AAPL will enforce their bullet proof foundational patents for beacons and other location based notifications. If Paypal is going ahead with this, they should be careful to only offer it on IOS.
    Sep 18 06:13 PM | 1 Like Like |Link to Comment
  • The iPhone 5C Misses One Critical Mark [View article]
    In the US the 5C solves one of their biggest problems of cannibalization of the 5S based on price. If they had the 5 at a lower price, it does not look much different than the 5S other than the home button and colors... The 5C design is also cheaper to make so it will help on the margin front. They have already shown that they are willing to sell models for less in China, as they have with the 4. The China Mobile deal will be a huge catalyst.

    I also think the plastic design is a test to see how it's received and if it solves some manufacturing issues (lowers cost to assemble) and then we will see a liquid metal version.

    Disclaimer: I am LONG AAPL
    Sep 12 09:08 AM | Likes Like |Link to Comment
  • Apple, Authentec, And Fingerprint Cards [View article]
    If you watched the keynote, Apples implementation of the technology will NOT send your fingerprint or other biometric data through the web to anywhere, it is stored in a secure portion on the A7 chip for use only by the "Touch ID" sensor.
    Sep 11 08:59 AM | 3 Likes Like |Link to Comment
  • Apple, Authentec, And Fingerprint Cards [View article]
    So how is FPC not violating the vast array of patents that authentec had amassed in the field?
    Sep 6 02:08 PM | 3 Likes Like |Link to Comment
  • Icahn discloses Apple position, calls for bigger buyback; shares jump [View news story]
    I was wondering what the nice pop was caused by. If it's pump and dump, it will clearly be investigated. There was a obvious "pop" at the announcement.
    Aug 13 02:47 PM | Likes Like |Link to Comment
  • Apple (AAPL) releases Tim Cook's official statement (.pdf) to the Senate ahead of his Tuesday appearance at a hearing on corporate tax payments. Among other things, Apple claims it paid ~$6B in federal taxes in FY12 and a 30.5% effective federal tax rate, and that its foreign units don't engage in the practices the hearing focuses on (the shifting of IP to offshore havens, revolving loans from subsidiaries, etc). The company proposes a tax system that's "revenue neutral, eliminates all tax expenditures, lowers tax rates and implements a reasonable tax on foreign earnings." (previous[View news story]
    @Velco49, Making products overseas are expenses, not earnings. APPL generates earnings by making sales.Those off shore earnings are from off shore sales less expenses. If they made the product here, they would have higher net earnings overseas.
    May 20 04:51 PM | Likes Like |Link to Comment
  • Jefferies' Peter Misek seems to be the sole sell-side analyst to downgrade Apple (AAPL -9.9%) today. "[The] slowdown in iPhone sales is real ... it appears that demand in the second half of the quarter and into CQ1 was much weaker than management or we expected," wrote Misek as he cut shares to Hold. ISI is lowering its PT to $600 from $710, but thinks a cheaper iPhone can right the ship. Topeka (previous) and Canaccord hold out hope an iPhone refresh will arrive in 1H. CRUS -8.4%. (more) (transcript) Update: Scotia Capital and Hilliard Lyons have joined Jefferies in downgrading Apple. [View news story]
    I dont know where you get that mobile devices have peaked... IPhone sales up 27% Ipad 50 something %.
    Jan 24 12:22 PM | 5 Likes Like |Link to Comment
  • Apple's Growth Story Is Over [View article]
    You demonstrate by this article your little knowledge on the subject. You should stick to talking to your friends, who may not know better, but we do.
    Jan 24 11:12 AM | 2 Likes Like |Link to Comment
  • Deutsche's U.S. team follows up on an overnight note from the firm's Japanese unit about iPhone production cuts by declaring Apple's (AAPL -2%) stock "has digested this supply chain issue and likely has lower unit production already priced in." Notable Calls is encouraged by this due to the track record of the analyst in question (presumably Chris Whitmore). Apple has bounced a little off its session lows. Cirrus Logic (CRUS -3.8%) and Skyworks (SWKS -2.9%) are faring worse. [View news story]
    That makes perfect sense to lower orders off of the Christmas high, and given that people tend to wait on the purchases when a new model is expected. It's also possible that they are shifting suppliers, you never know.
    Jan 4 12:33 PM | Likes Like |Link to Comment
  • Qualcomm Succeeds Where Cisco Fails [View article]
    I fortunately and unfortunately put money into both QCOM and CSCO ten years ago.
    Jan 4 12:21 PM | 1 Like Like |Link to Comment