Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 11, 2015 2:28:49 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 11, 2015 2:40:43 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 11, 2015 3:51:12 GMT -8
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on Aug 11, 2015 3:53:37 GMT -8
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Post by artman1033 on Aug 11, 2015 3:57:40 GMT -8
I KNOW it is time to panic. A government scheduled Black Swan event. (SARCASM) iPhones will cost the Chinese MORE. And the Chinese workers will earn LESS in US $. Here is a chart of $/Yuan over the last 5 years. OH look! It was worse before. www.xe.com/currencycharts/?from=CNY&to=USD&view=5Y
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Post by phoebear611 on Aug 11, 2015 4:32:00 GMT -8
EW folks see the world according to sponge and think we pull back as well. Again the debate is to what degree - the chatter of the possibilities are $115, 110, 106, 102 ... depending on the percentage of the retracement and who you ask. This doesn't mean it will get to these targets - it can get to within points of these targets and reverse but some downside here is expected according to what they are seeing. That said, on the longer term chart they remain positive and expect it reverse and move to ATHs barring something unforeseen. Just my two Trump casino chips here this morning.
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Post by Luckychoices on Aug 11, 2015 4:33:58 GMT -8
Thank you PED and Horace. ============== fortune.com/2015/08/11/apple-google-alphabet/?xid=yahoo_fortuneGoogle is to Alphabet as the iPhone is to AppleExcept for, you know, that focus thing. The core of Google will be search advertising. The core of Alphabet will be a blazing furnace to shovel hundred dollar bills into. — Downtown Josh Brown Apple is often called a one-product company. And in that respect, Apple and the old, pre-Alphabet Google were alike. At Apple, it’s the iPhone that generates most of the company’s revenue. At Google, it’s search advertising. But Apple and Google are different in a way that is even clearer today, now that Google has been restructured into a holding company (Alphabet) with two parts: Google (Google, YouTube, Android) and Others (Calico, Nest, Fiber, Google X, Google Ventures, Google Capital, etc.) Think of the new Google, says Horace Dediu, now at the Clayton Christensen Institute, as Google A and Google B. From Dediu’s Asymco blog: Google A spends money. Google B collects money. Google B sends a check to Google A while Google A sends data to Google B (which then sells it on to advertisers and collects money). Google A communicates frequently with optimism and enthusiasm about the future. Google B remains quiet. Google A solves problems of humanity, Google B solves problems for advertisers. Google A has users, Google B has customers (to whom it sells users.) . Apple is nothing like that. The company may burn its share of money—on stock buybacks, on fancy new headquarters, on Jony Ive projects that don’t pan out—but all its products and services are all aligned its core business. Apple is a singularly focused company. Google, we can now plainly see, is not.
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Post by Luckychoices on Aug 11, 2015 4:38:33 GMT -8
Actually, Horace's writeup deserves it's own link. ========= www.asymco.com/2015/08/11/the-alphabet-of-google-a-and-google-b/The Alphabet of Google A and Google BFor the last few years, I’ve been proposing that the way to conceptualize Google is as two separate entities: Google A and Google B. Roughly speaking Google A was the R&D[1] organization and Google B was SG&A[2]. You can find the operating expenses of running each of these organizations in the company’s income statement. In the last quarter R&D was about $2.8 billion and SG&A was about $3.5 billion[3]. The two entities are further distinguished as follows: Google A was led by Eric Schmidt and Larry Page and Google B was led by persons unknown, but mostly represented by the “Chief Business Officer” Omid Kordestani. Google A spends money. Google B collects money. Google B sends a check to Google A while Google A sends data to Google B (which then sells it on to advertisers and collects money). Google A communicates frequently with optimism and enthusiasm about the future. Google B remains quiet. Google A solves problems of humanity, Google B solves problems for advertisers. Google A has users, Google B has customers (to whom it sells users.) In summary, Google A is altruistic, Google B is pragmatic. Google A engages in research, Google B engages in commerce. Google A operates in a structure similar to a Bell Labs for the good of humanity[4], Google B operates in a structure similar to AT&T and collects monopoly rents but without any government oversight. This was an effective construct for analysis which explained to me much of how Google operated and how it made decisions. So what do we make of Google’s new Alphabet? Is this a dissolution of the Google B/Google A dichotomy? My initial answer is no. We don’t have a change in this core structure. What we have instead is a split of Google A into Google A and Google A+. A+ is the crème de la crème of the altruistic Google A. It’s the stuff that really does not make money. It’s the laboratory of Bell laboratories. It’s the moonshot manufacturer. It’s the incubator where hobbies are hatched. It’s the funder of ventures. After A+ is carved out, Google A and Google B remain exactly as they were, now under a new CEO. The previous CEO no longer has any day-to-day input in the running of Google A and is no longer soiled by association with Google B.Alphabet is therefore the “holding company” of Google A+, Google A and Google B. I can only suppose that the separation of A+ from A (and the previous A from B) allows the founders to distance themselves even further from the purchase decisions which, through pricing signals, determine where value lies and how resources should be allocated. That must be a great relief.
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Post by artman1033 on Aug 11, 2015 4:50:55 GMT -8
I REALLY like what GOOGLE is doing. They care ABOUT today's share price of GOOG and GOOGL. They want to be the BRK.A en.wikipedia.org/wiki/Berkshire_HathawayBUT they could become ITT. (an international telephone company that diversified into hotels, bakeries, insurance.) en.wikipedia.org/wiki/Harold_GeneenIf ALPHABET sticks to their knitting, (technology related companies) they may be great! HORACE likes to call disruptive. I agree. ALPHABET is very disruptive.
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Deleted
Deleted Member
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Post by Deleted on Aug 11, 2015 5:06:17 GMT -8
Google's reorganization is not disruptive -- this is a very old accounting playbook. WS probably likes it because they expect that Google will do a better job at holding itself accountable for some of it's crazy pants ideas (e.g. Glass, etc).
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Post by artman1033 on Aug 11, 2015 5:23:42 GMT -8
Google's reorganization is not disruptive -- this is a very old accounting playbook. WS probably likes it because they expect that Google will do a better job at holding itself accountable for some of it's crazy pants ideas (e.g. Glass, etc). Is ALPHABET Disruptive? After checking, HORACE does not think TSLA is disruptive. So you are correct. It is not disruptive. A great accounting trick to INCREASE shareholder value. BRAVO!
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Post by hledgard on Aug 11, 2015 5:25:59 GMT -8
It appears to me that this does not bode well. Do you agree or is this noise in the channel? Do we have any other anecdotal data on the Watch other than individual testimonies?
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Post by Luckychoices on Aug 11, 2015 5:35:00 GMT -8
It appears to me that this does not bode well. Do you agree or is this noise in the channel? Do we have any other anecdotal data on the Watch other than individual testimonies? If the interest in the Apple Watch is LOWER than for earlier products but HIGHER than for Fitbit, I'm good. ========= UBS said their Apple Watch monitor continues to find interest in the watch to be more lackluster than for earlier products as well as many consumer electronic launches. The firm noted a slow start does not mean it can't be a success as more functionality is added over time. UBS also sees interest in Apple Watch measured by the monitor as being higher than for Fitbit (FIT). UBS reiterated its Buy rating and $150 price target on Apple (AAPL) shares.
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Post by phoebear611 on Aug 11, 2015 5:47:22 GMT -8
It seems to me that Google was not very transparent initially and now with Ruth on board she has suggested what they need to have WS look upon them favorably which is "more transparency" so that they don't always look like the dopes they are in the guessing game of estimates....which is how these idiots get their high marks and get paid. In the end it's about how they get their accolades. So isn't it just amazing how the bad boy becomes the good little boy once the disciplinarian mommy comes on board and now they get rewarded with share price. Meanwhile the kid who was good from the start is still being punished with a cheap stock price and a low multiple. Am I completely off base on this?
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Post by archibaldtuttle on Aug 11, 2015 5:52:28 GMT -8
Apple isn't the good boy - they're still holding onto 190 billion in cash that they won't hand over to the wall st bullies who asked for their lunch money...
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Post by rickag on Aug 11, 2015 6:06:34 GMT -8
Google's reorganization is not disruptive -- this is a very old accounting playbook. WS probably likes it because they expect that Google will do a better job at holding itself accountable for some of it's crazy pants ideas (e.g. Glass, etc). Is ALPHABET Disruptive? After checking, HORACE does not think TSLA is disruptive. So you are correct. It is not disruptive. A great accounting trick to INCREASE shareholder value. BRAVO! It is possible that it is "A great accounting trick to INCREASE shareholder value.". However, in separating out the accounting information of the continued failures and financial hits they take may just infuriate shareholders. It will also create fiefdoms in which the managers of those fiefdoms will vigorously defend whether or not they are a benefit to the Holding Company (re: although I always did like Big Brother & The Holding Company)
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Deleted
Deleted Member
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Post by Deleted on Aug 11, 2015 6:07:58 GMT -8
It seems to me that Google was not very transparent initially and now with Ruth on board she has suggested what they need to have WS look upon them favorably which is "more transparency" so that they don't always look like the dopes they are in the guessing game of estimates....which is how these idiots get their high marks and get paid. In the end it's about how they get their accolades. So isn't it just amazing how the bad boy becomes the good little boy once the disciplinarian mommy comes on board and now they get rewarded with share price. Meanwhile the kid who was good from the start is still being punished with a cheap stock price and a low multiple. Am I completely off base on this? All Google had to do was divisionalize things within the existing structure. But WS buys GLITZ, hence the new can of paint.
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Post by joel90069 on Aug 11, 2015 6:10:34 GMT -8
While the devaluation of Yuan will make AAPL products more expensive for the Chines consumer, won't it also make it less expensive to manufacture products in China, therefore having a positive effect on AAPL margins?
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Post by macwire on Aug 11, 2015 6:13:34 GMT -8
Google is aiming to be the General Electric of the Internet
As Facebook is becoming the General Electric of social media.
Also apple with some horrible price action today. 10 day reject.
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Deleted
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Post by Deleted on Aug 11, 2015 6:17:13 GMT -8
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Deleted
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Post by Deleted on Aug 11, 2015 6:22:14 GMT -8
Negative news on all sides today:
1. Ming Chi Kuo (sp) thinks iPhone sales in China to have soft or negative growth (He's wrong) 2. Jefferies downgrades AAPL (Whatever) 3. Yuan devaluation (Might be positive for Apple GM) 4. Watch interest softening (Need to get Watch OS2 out to improve the value proposition -- not worried) 5. iPad market share questions (Still waiting for IBM to kickstart new partnership in mobile)
Yesterday was so strong, I sold shares in AH and repurchased PM. I'm hardly whole but at least it's serves as a psychological safety valve.
The Sept event is now expected to have new iPhones, iPads, Apple TV and iOS 9 and El Capitan. That's a big tent this year.
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Post by gtrplyr on Aug 11, 2015 6:55:37 GMT -8
Just buy back the fu&*%$ company and be done with it .....
I'm sick to death hearing about iPhone sales .... they sell plenty and don't trade with any kind of growth multiple ... if they just sustain sales for the next 5-7 years they could go private ... this is ridiculous . IF Apple is not worth investing in ...nothing is.
Rant over ....
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Post by sponge on Aug 11, 2015 6:59:42 GMT -8
The roller coaster started earlier then I expected. Have idea where we go from here. As long as we stay above 115 I will be content for now.
We just need to get passed OE this month and Sept. before I think we will be out of the woods.
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Post by incorrigible on Aug 11, 2015 7:06:25 GMT -8
Bough some @ $116.30 Selling overdone IMO.
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Post by gtrplyr on Aug 11, 2015 7:17:50 GMT -8
For perspective : Yuan devalued by 2% .... literally makes no difference in the price of a big ticket item like a phone. IF it costs the equivalent of $1000 USD we are talking about $20. Furthermore, Apple just got a 2% manufacturing discount.
Edited for my poor pre coffee math skills ...
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Ted
fire starter
Posts: 882
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Post by Ted on Aug 11, 2015 7:47:29 GMT -8
Just buy back the fu&*%$ company and be done with it ..... I'm sick to death hearing about iPhone sales .... they sell plenty and don't trade with any kind of growth multiple ... if they just sustain sales for the next 5-7 years they could go private ... this is ridiculous . IF Apple is not worth investing in ...nothing is. Rant over .... Markets are off significantly. Most everything is down - except the corporate-structure-shell-game-playing Alpha-butt - but even that has lost about 20 points since the open. Whipping boy AAPL is about 13% off the ATH for "reasons" that are entirely sensational and FUD-based. Hang in there, guitar-man. (Maybe you need some of this to take yr mind off Apple: Em7#9 [Hendrix chord],G,A…)
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Post by macwire on Aug 11, 2015 7:48:59 GMT -8
Just LOL.
About all you can do is laugh.
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Post by gtrplyr on Aug 11, 2015 7:53:00 GMT -8
Just buy back the fu&*%$ company and be done with it ..... I'm sick to death hearing about iPhone sales .... they sell plenty and don't trade with any kind of growth multiple ... if they just sustain sales for the next 5-7 years they could go private ... this is ridiculous . IF Apple is not worth investing in ...nothing is. Rant over .... Markets are off significantly. Most everything is down - except the corporate-structure-shell-game-playing Alpha-butt - but even that has lost about 20 points since the open. Whipping boy AAPL is about 13% off the ATH for "reasons" that are entirely sensational and FUD-based. Hang in there, guitar-man. (Maybe you need some of this to take yr mind off Apple: Em7#9 [Hendrix chord],G,A…) HA LOVE IT ..... but .... it's a E7#9 Dominant chord ..... for the record
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Post by nagrani on Aug 11, 2015 8:02:20 GMT -8
Yep. This is silly. No one knows what's going on so people look at technicals for guard rails. Should Apple test 2015 low? Who knows. I'm just holding my long term 2017 options at this point.
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Post by phoebear611 on Aug 11, 2015 8:23:41 GMT -8
The Apple action is bad enough but to hear that "Google is the Berkshire Hathaway of the Internet" today causes mild convulsions...sorry.
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