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Post by rickag on Jan 29, 2016 16:02:36 GMT -8
I had the week from hell at work, thought AAPL would tank below $90 just make me even more miserable.
Need a drink, a very large drink....... A very, very, very large drink.
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Post by rickag on Jan 29, 2016 16:17:55 GMT -8
USA,USA,USAUS BLasts Brussels over Tax Probe Behind pay wall so I can't read. Countries to begin fighting over Apple's money, woohoo.
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Post by ibuyer on Jan 29, 2016 17:49:43 GMT -8
I had the week from hell at work, thought AAPL would tank below $90 just make me even more miserable. Need a drink, a very large drink....... A very, very, very large drink. Rick, I was wondering what the thoughts are over at Braeburn? Looked at Robert's numbers... Imo, we stuck between 90-110 if the market stays calm need to hit the hard stuff tomorrow.
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Post by rickag on Jan 29, 2016 18:54:36 GMT -8
I had the week from hell at work, thought AAPL would tank below $90 just make me even more miserable. Need a drink, a very large drink....... A very, very, very large drink. Rick, I was wondering what the thoughts are over at Braeburn? Looked at Robert's numbers... Imo, we stuck between 90-110 if the market stays calm need to hit the hard stuff tomorrow. Similar discussions as here, just a lot more and longer. The January thread is almost up to 110 pages. Bearish and positive (re: can't really say bullish) discussions. A couple of posters have got out. Most holders are long term and more comfortable holding. Discussion about AAPL may be transitioning from growth to value with sustainable revenue from the ecosystem (re: Apple Music, iTines, Apple TV etc.) Expansion into India, Southeast Asia, South America, Mexico and Apple's trial balloon with lowere prices in India. Not sure why more members from the Braeburngroup don't post here.
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Post by ibuyer on Jan 30, 2016 0:41:19 GMT -8
Thanks for the color.
I too hope that AAPL is value and not value trap. I been around a long enough to see commoditization for many HW products.
Do you know if Robert is taking new members?
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Post by rickag on Jan 30, 2016 8:10:54 GMT -8
Thanks for the color. I too hope that AAPL is value and not value trap. I been around a long enough to see commoditization for many HW products. Do you know if Robert is taking new members? I don't know., but I don't think so.
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macorange
Member
My actual dog is cuter.
Posts: 60
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Post by macorange on Jan 30, 2016 9:50:37 GMT -8
Value stock vs growth stock is too limiting a dichotomy. AAPL is too big, and its products too mature in the market, to be a high growth stock any more, but there is too much growth left (even just in the smartphone segment) to be relegated to a value stock.
At the current PE, I plan on placing serious money on AAPL LEAPs as soon as the macro environment warrants it. I would never do that for a "value stock"
But my AAPL LEAPs now are conservative in-the-money. The days of killings with out of the money AAPL options are sadly over.
FB, on the other hand....
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Post by rickag on Jan 30, 2016 10:43:32 GMT -8
servo, thanks for posting. Looks like the dog fight between governments over who owns Apple's money is now official.
Wait.... What.... apple's money?
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jan 30, 2016 11:33:53 GMT -8
Value stock vs growth stock is too limiting a dichotomy. AAPL is too big, and its products too mature in the market, to be a high growth stock any more, but there is too much growth left (even just in the smartphone segment) to be relegated to a value stock. At the current PE, I plan on placing serious money on AAPL LEAPs as soon as the macro environment warrants it. I would never do that for a "value stock" But my AAPL LEAPs now are conservative in-the-money. The days of killings with out of the money AAPL options are sadly over. FB, on the other hand.... I sold Apple leaps for $10 in October and I am buying them back for $3. Not a killing I guess but $50k here and $50k there and pretty soon it adds up to real money
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Post by nwjade on Jan 30, 2016 12:47:46 GMT -8
USA,USA,USAUS BLasts Brussels over Tax Probe Behind pay wall so I can't read. Countries to begin fighting over Apple's money, woohoo. The US has unleashed an unusually forthright attack on the European Commission, saying it was unfairly targeting American companies such as Apple, Amazon, Starbucks and McDonald’s in its drive against tax avoidance. Robert Stack, the US Treasury official in charge of international tax policy, visited Brussels on Friday to express Washington’s fears about bias in the commission’s high-profile tax investigations. He accused the EU of targeting funds that were owed to the US Treasury. His remarks add to growing US-EU tensions on themes ranging from internet privacy to an antitrust inquiry into the alleged dominance of Google, the US technology giant. Mr Stack’s intervention comes hard on the heels of last week’s visit by Tim Cook, chief executive of Apple, which could be on the hook for a back-tax bill running to billions of euros because of its fiscal arrangements in Ireland. “We are concerned that the EU commission appears to be disproportionately targeting US companies,” Mr Stack said after his meetings with EU competition officials. Because tax policy is technically a competence of the member states, the commission has taken a novel and contentious approach to tackling the “sweetheart” tax deals given to leading multinationals by some EU countries. The commission has argued that these accords constitute a form of illegal “state aid”, in effect defining tax rulings as an illegal subsidy that gives companies an unfair advantage over their rivals. Margrethe Vestager, the commission’s competition chief, struck her first blow in October, ordering Luxembourg and the Netherlands to recoup tens of millions of euros in back taxes in cases involving Fiat and Starbucks. Last month, she also opened in a probe into McDonald’s, the fast-food chain. Mr Stack retorted that the EU was misguided in using the state-aid weapon retrospectively to override tax arrangements legally agreed with member states. “The retroactive application of these new approaches calls into question the basic fairness of the proceedings,” he said, adding that the tactic was liable to trigger uncertainty among US investors in Europe. Most critically, Mr Stack said the EU was seeking to tax income that should ultimately be payable in the US. “We are greatly concerned that the EU commission is reaching out to tax income that no member state had the right to tax,” he said. "The retroactive application of these new approaches calls into question the basic fairness of the proceedings" - Robert Stack, deputy assistant US Treasury secretary This issue is highly divisive because public and political anger is growing on both sides of the Atlantic that US multinationals have mastered the art of accumulating vast stockpiles of largely untaxed international earnings. However, the US Treasury argues that most of this money is simply deferred and will have to be repatriated for taxation in the US, although there is no precise timetable for this. Mr Stack also mentioned Washington’s fears that an unexpected consequence of the tax recoveries could be that the affected companies would claim credits in the US over the international tax demands. “If so US taxpayers would end up footing the bill for these state aid settlements.” Ms Vestager has adamantly rejected accusations of bias and argues that she is trying to ensure that EU countries do not give special deals to selected multinationals, which would be unavailable to competitors, simply to secure investment. EU officials are also dismissive of the US argument that state aid is a retroactive tool. They insist that it is long established, and has been used previously in tax cases. Ms Vestager has also been at pains to stress that America’s double-taxation treaties with EU countries should not become “double non-taxation treaties” with no corporate tax paid in either country. Mr Stack’s comments are likely to ramp up an already tense stand-off. Members of the US Senate called earlier this month on US Treasury Secretary Jack Lew to intervene and stop Ms Vestager imposing penalties on US companies. The members of the Senate Finance Committee urged the EU “not to reach retroactive results that are inconsistent with internationally accepted standards,” adding that this would amount to a “direct threat” to US interests. President Barack Obama also made criticisms last year, relating more generally to EU regulatory scrutiny of US technology companies, asserting that the probes were driven by the “commercial interests” of European companies that struggled to compete. Thanks for posting, perhaps this will force some movement towards repatriation along with tax reform sooner rather than later...
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JDSoCal
Member
Aspiring oligarch
Posts: 4,182
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Post by JDSoCal on Jan 30, 2016 18:51:43 GMT -8
President Barack Obama also made criticisms last year, relating more generally to EU regulatory scrutiny of US technology companies, asserting that the probes were driven by the “commercial interests” of European companies that struggled to compete. Well then get off of your duff Obama and give US companies a tax repatriation holiday - or better yet, a rule change - and these big mountains of money won't look so tempting to your fellow travelers abroad! Seriously, this is so predictable it's sad. Another example of America losing its international competitiveness. As if its shocking that foreign countries give preference to their own companies. If only we had presidential leadership that did that! Let's make America great again!
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bud777
fire starter
Posts: 1,352
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Post by bud777 on Jan 30, 2016 18:52:37 GMT -8
So, if I give Icahn credit for being an intelligent astute thinker because he bought so much Apple, do I have to believe that this same astute wisdom applies to his endorsement of Trump?. This makes my head hurt. I cannot split my mind like that. For the first time in ten years, I am questioning my beliefs about Apple
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Post by archibaldtuttle on Jan 30, 2016 20:07:02 GMT -8
So, if I give Icahn credit for being an intelligent astute thinker because he bought so much Apple, do I have to believe that this same astute wisdom applies to his endorsement of Trump?. This makes my head hurt. I cannot split my mind like that. For the first time in ten years, I am questioning my beliefs about Apple Just because the guy understands stocks doesn't mean he understands governing.
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Post by rickag on Jan 30, 2016 20:54:45 GMT -8
So, if I give Icahn credit for being an intelligent astute thinker because he bought so much Apple, do I have to believe that this same astute wisdom applies to his endorsement of Trump?. This makes my head hurt. I cannot split my mind like that. For the first time in ten years, I am questioning my beliefs about Apple Just because the guy understands stocks doesn't mean he understands governing. +1
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Post by macster on Jan 30, 2016 22:08:38 GMT -8
Just because the guy understands stocks doesn't mean he understands governing. +1 Running the Treasury doesn't actually involve governing the Treasury Dept. edit: well come to think of it you probably can use the word governing. maybe not whatever govern |ˈɡəvərn| verb [ with obj. ] 1 conduct the policy, actions, and affairs of (a state, organization, or people): he was incapable of governing the country | (as adj. governing) : the governing coalition. • control, influence, or regulate (a person, action, or course of events): the future of Jamaica will be governed by geography, not history. • (govern oneself) conduct oneself, especially with regard to controlling one's emotions: men would give in to passion and become unable to govern themselves. • serve to decide (a legal case). 2 Grammar (of a word) require that (another word or group of words) be in a particular case: the Latin preposition “cum” governs nouns in the ablative.
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Ted
fire starter
Posts: 882
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Post by Ted on Jan 31, 2016 11:22:56 GMT -8
Part One of a new article by John Kirk. (A bit lightweight, but still interesting.) techpinions.com/part-1-android-is-a-stick-shift-and-ios-is-an-automatic-transmission/43201As I mentioned last weekend I was considering shopping slumming for beaten-down FANGs under the if-you-can't-beat-em theorem of investing... bought some FB at 97... and got a little lucky there. For the last 12 months though, I haven't felt very lucky with my overweight position in aapl. Still, after finally listening to the conference call, I feel great about holding steady. Tim and Luca did a fine job and most of the numbers were excellent. If posters here are going to complain about this "piece of shit" and the fact that it's a "utility stock" now, then it's way past time to give it credit for that: it's the biggest fucking utility in the world - 1 billion active devices - and growing faster than any of them with over 25% growth in install base last year - with billions upon billions in profit. Also, growth in services was 24%. [edit] And just for fun: SO pe 15.77 div 4.4% 2014 net income $1.96B 5 yr net income growth 3.62B ED pe 16.61 div 3.75% $1.09B 4.7B DUK pe 15.36 div 4.3% $1.88B 11.86B AAPL pe 10.36 div 2.09% $39.51B 30.67B
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Post by phoebear611 on Jan 31, 2016 15:27:20 GMT -8
I have a funny story to tell you all which ties into Apple. My mother came over this weekend and told me that her Senior Citizens club sponsers outings and that one was coming up. She proceeded to show me the flyer. Apple invited the Seniors at the Center to come to the Apple store a few towns away and learn about their products. Furthermore if they buy their products there will be free lessons for anyone who would like to learn how to navigate them better. I burst out laughing. Why would Apple be targeting Senior Citizens? My mom still thinks that if she keeps her cell phone on she gets charged so she constantly turns it off and I have to keep explaining to her how it works. I just don't get it - but found it quite amusing!
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Post by Luckychoices on Jan 31, 2016 16:09:14 GMT -8
Say what?
Opinion: Apple has another problem: The iPad is dying By Brett Arends
No wonder I was able to get a great deal on an iPad mini a couple of months ago. Nobody wanted them. --Brett Arends
Nobody goes there anymore. It's too crowded. --Yogi Berra
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