Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on May 2, 2019 2:19:05 GMT -8
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Post by hledgard on May 2, 2019 4:59:58 GMT -8
"NYT has Qualcomm Pegs Payment From Apple at $4.5 Billion to $4.7 Billion."
Isn that then the reason for the low dividend? Is that a lot?
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mark
fire starter
Posts: 1,552
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Post by mark on May 2, 2019 5:15:55 GMT -8
"NYT has Qualcomm Pegs Payment From Apple at $4.5 Billion to $4.7 Billion." Isn that then the reason for the low dividend? Is that a lot? I highly doubt it. Remember, a nickel difference in dividend is something like $250 million a quarter. That's a rounding error for Apple.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,426
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Post by chinacat on May 2, 2019 5:20:00 GMT -8
"The company has been slowly moving away from its flagship devices — its hardware — and is instead focusing on its services, wearables and accessories." Apple Watch and AirPods aren't hardware?!?
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Post by rmhe1999 on May 2, 2019 6:34:47 GMT -8
As soon as I read, "Top Wall Street analyst Toni Sacconaghi" I knew I didn't have to read any further. This guy has been a dead-wrong Apple bear for years.
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Post by artman1033 on May 2, 2019 6:54:27 GMT -8
4,745,398,000 shares of common stock were issued and outstanding as of October 26, 2018. here
84,528,000 share reduction 4,715,280,000 shares of common stock, par value $0.00001 per share, issued and outstanding as of January 18, 2019 here30,118,000 share reduction 4,601,075,000 shares of common stock, par value $0.00001 per share, issued and outstanding as of April 22, 2019 here114,205,000 share reduction[/quote]
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on May 2, 2019 7:14:48 GMT -8
If Apple buys 2 1/2% of the outstanding stock every quarter from now on, I'll take back my concerns about not raising the dividend.
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4aapl
Moderator
Posts: 3,632
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Post by 4aapl on May 2, 2019 7:20:15 GMT -8
4,745,398,000 shares of common stock were issued and outstanding as of October 26, 2018. here
84,528,000 share reduction 4,715,280,000 shares of common stock, par value $0.00001 per share, issued and outstanding as of January 18, 2019 here30,118,000 share reduction 4,601,075,000 shares of common stock, par value $0.00001 per share, issued and outstanding as of April 22, 2019 here114,205,000 share reduction Great to see that Apple was opportunistic about their buyback! Now that Apple has bought back a lot of shares, I'd rather it kept half or more of it's buyback program in reserve, and attacked the dips. With this many buybacks, there is little reason that AAPL should dip 39% while the S&P only drops 19%. Those are the times for Apple to buy, both to limit the downside, but also to get better prices. While that changes things to market timing and might mean that they buy at a price north of here on a dip after a run, I think that would be advantageous at this point, making it the safety net or "lender of last resort" if you will.
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4aapl
Moderator
Posts: 3,632
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Post by 4aapl on May 2, 2019 7:25:32 GMT -8
As soon as I read, "Top Wall Street analyst Toni Sacconaghi" I knew I didn't have to read any further. This guy has been a dead-wrong Apple bear for years. I watched the video yesterday. The host actually asked him if he was being too pessimistic, especially given that past bearish predictions hadn't played out. I would have liked him to show his mindset, maybe that "we see a 60% chance of bearish movement, but there is a possibility of an upside". But that's not how they roll. The stock will go up. And the stock will go down. It's the timing and values of those movements that no one truly knows. But taking the long road, Apple is on a good trajectory, and it seems much more likely that AAPL will be up decently from here when looking out 3/5/10 years.
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ems
Member
Posts: 97
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Post by ems on May 2, 2019 12:14:37 GMT -8
The QCOM article underscores how AAPL pwned them in that deal, ultimately. I expect AAPL will quickly get their own 5G tech online and divorce themselves of QCOM before a year or two goes by, certainly not needing all 6 years of that agreement.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on May 2, 2019 20:30:44 GMT -8
The QCOM article underscores how AAPL pwned them in that deal, ultimately. I expect AAPL will quickly get their own 5G tech online and divorce themselves of QCOM before a year or two goes by, certainly not needing all 6 years of that agreement. I don't know about pwned, but Apple got what it needed to get to their own SoC. I've little doubt the direct contract is the cleanest one QCOM ever signed. They have a history of undermining their licensees, and some of that is a matter of public record. The Texas Instruments case in 03 or so was a very public case where they tried to revoke TI's license gained in their cross-licensing deal over a supposed violation of an NDA, but a court found otherwise. Undermining your own licensees is bad faith. Take their money and then sue them just before a product comes out that might threaten their baseband business. Likewise, Judge Curiel's summary judgment a month ago in SD was that QCOM's claim that Apple was in material breach of contract was baseless. Apple knew all this and most of the public doesn't. So what Apple needed wasn't about money as much as it was clear contract terms. They needed to know once they start the race to an SoC with integrated modem they have a contract such that monkey business like this either won't happen or can be swatted down. FRAND, SEP tying, and patent exhaustion issues needs to be decided, but it's not Apple's fight as long as they got a deal they can live with. The FTC made their case and I hope they don't allow QCOM's business model to stand, because if they do Huawei can follow in their footsteps by monopolizing 5G infrastructure with their patent portfolio and a "no license no chips" policy and we'll all be screwed. www.patentprogress.org/2019/04/26/anything-qualcomm-can-do-huawei-can-do-better/
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