JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Jan 25, 2013 0:48:20 GMT -8
OK, let's flush that Thursday, and start afresh. Since this is my thread, I decree: no griefing of one another, or the wrath of God shall descend upon you. Cheers to the longs.
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Deleted
Deleted Member
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Post by Deleted on Jan 25, 2013 1:04:08 GMT -8
AAPL starting PM trading green.
NASDAQ Futures also green.
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Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
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Post by Mav on Jan 25, 2013 1:08:15 GMT -8
Today would be a SUPER day to test butterflies.
(Uh, no)
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Post by mace on Jan 25, 2013 3:12:10 GMT -8
Today would be a SUPER day to test butterflies. (Uh, no) $440 or $450 or $460?
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Post by rob_london on Jan 25, 2013 3:49:00 GMT -8
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Post by wheeles on Jan 25, 2013 3:54:04 GMT -8
At a time when people are desperate for cash, a company that pulls in $1B a week has got to be worth a lot more than an ex-cash p/e of 7.
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Post by Big Al on Jan 25, 2013 3:57:36 GMT -8
I did like this comparison: "To put them in perspective, Business Insider noted yesterday that Amazon.com has earned a mere $5 billion in its entire history. Apple generated nearly triple that amount in its last quarter."
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Deleted
Deleted Member
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Post by Deleted on Jan 25, 2013 4:00:18 GMT -8
At a time when people are desperate for cash, a company that pulls in $1B a week has got to be worth a lot more than an ex-cash p/e of 7. Cash is so cheap in the US at present, maybe no one cares.
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benoir
fire starter
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Posts: 1,330
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Post by benoir on Jan 25, 2013 4:08:59 GMT -8
Man this new name of mine is a pain in the arse (joke Wheeles!!) when logging in.... All jokes aside, a new day (for you lot, that is... it's nearly bed time for me. Burgess you should be in bed... it's past midnight for you) and man... $1B per week is truly amazing.
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Post by Big Al on Jan 25, 2013 4:09:01 GMT -8
At a time when people are desperate for cash, a company that pulls in $1B a week has got to be worth a lot more than an ex-cash p/e of 7. Maybe Apple should get a banking license and start giving out loans.
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Post by wheeles on Jan 25, 2013 4:10:56 GMT -8
At a time when people are desperate for cash, a company that pulls in $1B a week has got to be worth a lot more than an ex-cash p/e of 7. Cash is so cheap in the US at present, maybe no one cares. That's the sort of thinking that politicians use. "Why should we bother manufacturing anything when we can just borrow or print money?" Ultimately that blows up in your face. You have to invest that cash in something to get a return. That's an age old truth that has not changed. What other investments generate the same rate of return and fulfil the requirements of a lot of funds to qualify for investment? There aren't many.
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Post by stevereel on Jan 25, 2013 4:13:26 GMT -8
Apple's Supplier Responsibility Progress Report is out. In the report, Apple states that it had terminated its business relationship with Guangdong Real Faith Pingzhou Electronics Co., Ltd. (PZ). PZ, which is a major producer of circuit board components, was found to be harboring 74 cases of underage labor. www.apple.com/supplierresponsibility/accountability.html
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Post by wheeles on Jan 25, 2013 4:13:33 GMT -8
Man this new name of mine is a pain in the arse (joke Wheeles!!) when logging in.... You don't have to keep it.
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Post by phoebear611 on Jan 25, 2013 4:52:45 GMT -8
We may be going up given the contra indicator today:
Goldman Sachs slashes price target on Apple to $660 from $760
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Post by yellowhandman on Jan 25, 2013 4:55:40 GMT -8
We may be going up given the contra indicator today: Goldman Sachs slashes price target on Apple to $660 from $760 At this point, I'd be glad if Apple went to $560, let alone $660. Hey, even $460 doesn't look so bad for today.
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Post by macwire on Jan 25, 2013 5:28:11 GMT -8
At a time when people are desperate for cash, a company that pulls in $1B a week has got to be worth a lot more than an ex-cash p/e of 7. Cash is so cheap in the US at present, maybe no one cares. It's zombie cash if aapl won't do anything with it. Market clearly discounting the cash pile IMO...
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Post by Big Al on Jan 25, 2013 5:32:26 GMT -8
I would like to write something concerning the “vulnerability” of Apple’s revenue compared to Microsoft’s.
I was in my local Apple store this morning for a „one to one“ personal training. There were three other guys who had a training, too. They were all above 60 years old and I asked my trainer whether he has been training a lot of „not-so-young“ customers. He said that a lot of his customers are in this age group. They often get an iDevice as a gift from their children or grand-children and are very anxious to use it. Often they end up buying further products, such as an iMac.
I think that when we talk about the difference between Apple and other companies, we tend to forget why Apple is so great. It is selling high value at a reasonable price. People are willing to pay that price because the value they receive (i.e., their experience with the products and the software) is justifying it.
My parents-in-law are a good example. They used Blackberry and Samsung as smart phones, but had difficulties in mastering them. Basically they only used it as a simple phone. Once they saw the functionalities of their children’s iPhones they were interested to know more about it. One year later they have both an iPhone (4S and 5), one iPad3, and are currently thinking of replacing their Fujitsu Notebook with a new 27 inch iMac.
And they are not the only ones. The difference that I see between typical Apple users and non-Apple users is the “investment” they make in their new purchase. I have friends who had Nokia, Samsung, and Blackberry phones and did not take the time and effort to fully understand how it works because the return was not worth it. When they switched to an iPhone they immediately invested more time and effort. Why? I point out three reasons:
1) They paid a premium price so they tell themselves that they better justify the investment by using the device as good as they can. That is why these Apple trainings are so popular. I know people who own expensive cars and are taking driving training with some experts to have the best experience with their cars. They are usually very loyal to that car/brand. On the other hand, it is much easier to ditch a cheap car/phone when the next better one is around.
2) They learn a satisfying amount of functionality in a very short-time. Apple’s products are more intuitive than from the competition. I know that since I switched from windows to Mac OS three years ago, and from Nokia to iOS two years ago. So people learn the basic functionalities easier and are not too frustrated to maybe learn some of the more advanced functions.
3) Investing time and effort in learning how to use your iPhone will enable you not just to use your phone to the fullest, but also to add other Apple products faster and easier to your ecosystem. Which in-turn leads to further purchases of Apple products. Since the value of each device increases by adding another device to the ecosystem.
Now, if someone tells me that Microsoft has a much tighter grip/lock on their customers than Apple, and that this is the reason why it is valued with a higher PE, I would have to disagree. Me and many of my family and friends have ditched their phones for iPhones and their Windows-based computers for iPads or/and Macs. I am pretty sure if Apple does not fuck up this ecosystem, we won’t switch back anytime soon. Why? Because we have invested so much time and effort in multiple devices that it would not make sense to go to something else unless it is an ecosystem with seamlessly integrated great products, …and it is better and less expensive than Apple. I don’t see that anywhere at the horizon. And that’s why I think that analysts who think that Apple’s revenue is much more vulnerable than Microsoft’s are wrong.
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Post by Rupert on Jan 25, 2013 5:42:05 GMT -8
Resistance/Support Friday 01/25/2013
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Post by rosie on Jan 25, 2013 5:42:09 GMT -8
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Post by appledoc on Jan 25, 2013 5:58:02 GMT -8
We may be going up given the contra indicator today: Goldman Sachs slashes price target on Apple to $660 from $760 Didn't they just affirm their PT prior to earnings? I really hate these people.
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Post by artman1033 on Jan 25, 2013 6:34:11 GMT -8
IMHO: It appears to me Apple's margins are constrained simply because of ALL of the CAPEX spending. This is the spending on robots and iDevice making equipment. It is also the money they MAY be spending on building a new plant for a fab plant other than Samesong. It includes money spent on new stores and in the future, on the starship headquarters and the iCloud data centers. Apple is probably spending MORE than any other public company on CAPEX. Apple also spends a lot of money on R&D. The USA federal government wants companies to spend lots of money on R&D. SO, once a year, Congress gives a great Credit on taxes on most R&D spending. So IMHO; R&D spending does not affect margins negatively. I am ALL IN for increased CAPEX. But, as you can see from the image attached FROM THE 10-Q, Accumulated depreciation and amortization increased from $6,435,000,000 to 7,792,000,000. THAT IS $1.36 BILLION YOYThat is why margins are constrained and will be constrained for the year. It will not be any better in April. Apple may not have a measurable YOY increased profit. BUT their total cash will probably increase to $170 Billion. Time to increase share buyback from $10 Billion over 3 years to $100 Billion per year. (Page 14 of the 10-Q)
my work is done. I will be visiting the MOA with my Daughter and Grandkids to get some exercise.
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Post by lance on Jan 25, 2013 6:40:46 GMT -8
Apple Inc. is a great company no one can dispute that and a cash machine. However, IMHO for the stock to go on a big run management has to do something different such as buying another company, buyback, big dividend raise, because huge growth is over. Earnings are strong no question 13 EPS is not a crappy quarter, but it does represent basically zero growth in profits. Apple Management can either sit back continue to make a lot of cash and go private in a few years or help the stock. Its in their hands, not the media's, not the analysts, not wall street, not bloggers, not the competition. Apple's buying power is unheard and they can basically buy almost any tech company in the world. So use it!!
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Post by terps530 on Jan 25, 2013 6:42:41 GMT -8
good bounce here.
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Post by lance on Jan 25, 2013 6:44:21 GMT -8
AAPL 1% up from 1year ago
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Post by gtrplyr on Jan 25, 2013 6:44:26 GMT -8
That is why margins are constrained and will be constrained for the year. It will not be any better in April. Apple may not have a measurable YOY increased profit. BUT their total cash will probably increase to $170 Billion. Time to increase share buyback from $45 Billion over 3 years to $100 Billion per year.
HUH ? Increase from 45 Billion ? At this point it's only a 10 Billion buyback.
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Post by rutgersguy92 on Jan 25, 2013 6:45:23 GMT -8
We got ourselves a little Saturn V action out of the gate. Oh, the memories.
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Post by Red Shirted Ensign on Jan 25, 2013 6:49:21 GMT -8
Boy, I feel better with just some green....
We are moody creatures, aren't we?
Sentiment indeed...
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Post by terps530 on Jan 25, 2013 6:51:12 GMT -8
That is why margins are constrained and will be constrained for the year. It will not be any better in April. Apple may not have a measurable YOY increased profit. BUT their total cash will probably increase to $170 Billion. Time to increase share buyback from $45 Billion over 3 years to $100 Billion per year. HUH ? Increase from 45 Billion ? At this point it's only a 10 Billion buyback. he said 45b over 3 years, which is what it currently is.
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Post by gtrplyr on Jan 25, 2013 6:53:36 GMT -8
That is why margins are constrained and will be constrained for the year. It will not be any better in April. Apple may not have a measurable YOY increased profit. BUT their total cash will probably increase to $170 Billion. Time to increase share buyback from $45 Billion over 3 years to $100 Billion per year. HUH ? Increase from 45 Billion ? At this point it's only a 10 Billion buyback. he said 45b over 3 years, which is what it currently is. OK .. I guess I'm wrong . I remembered it as 10 Billion . Obviously a lot of confusion on the subject .... www.theverge.com/2012/3/19/2884043/apple-stock-buyback-dividend10 Billion buyback ... 45 billion including dividend over the next 3 years from what the article says.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Jan 25, 2013 6:58:46 GMT -8
That is why margins are constrained and will be constrained for the year. It will not be any better in April. Apple may not have a measurable YOY increased profit. BUT their total cash will probably increase to $170 Billion. Time to increase share buyback from $45 Billion over 3 years to $100 Billion per year. HUH ? Increase from 45 Billion ? At this point it's only a 10 Billion buyback. he said 45b over 3 years, which is what it currently is. $45 billion includes the dividend program.
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