JDSoCal
Member
Aspiring oligarch
Posts: 4,189
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Post by JDSoCal on Jul 23, 2014 21:33:59 GMT -8
Thee anticlimactic verdict on Amazon's "MisFire" phone: It's a POS. Dang, I should have gone long AMZN, because bad news is always good. In fairness, when a loss-leading, margin-killing Amazon hardware device or service doesn't sell well, that actually is good news by most FA standards. WS ANALysts are profoundly retarded, and reward opacity and obfuscation, so AMZN will get credit for trying in mobile, while never letting the ANALysts peek behind the curtain to see actual sales. Meanwhile, Apple will be punished for its transparency...'OMG, "only" 13M iPads sold in 90 days!!!!' And how many fucking Kindles were sold in 365 days? Funny how the Verge review assumes that Firefly's search result errors are accidental. Perhaps that's a feature, not a bug, as I have noticed an awful lot of Amazon products are not cheaper than B&M stores like Target these days. "Let’s be honest here…who the fuck wants a phone that says "Amazon" on the back of it. But holy shit, the cameras on the phone make the phone unbearable to look at." Truth be told, my main currency these days has "Amazon" on the front of it. I use a Chase/Amazon Visa for most of my purchases, since it gives me the most points for the things I buy vs airlines miles cards. Gotta love "free" spending on Amazon coupled with free shipping. Just saving up points for that 1,000 lbs gun safe during my next Amazon Prime trial.
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Post by rob_london on Jan 6, 2015 9:05:44 GMT -8
I’ve been kicking myself this morning for not taking full advantage of a short-term pricing opportunity in a company I own shares in, which has unconfirmed links with Apple. Renishaw is a manufacturing company based in south west England, which designs, manufactures and supplies advanced precision measurement and calibration equipment. The shares have been under pressure recently due to the strength of Sterling, falling from a high of £22 to below £15 yesterday. This morning they announced surprisingly good full year results and the shares are currently up nearly 20% on the day. Management said it received large ‘unpredictable’ orders in the fourth quarter from an unnamed Asian customer. The CEO said: “This customer will work with us for many months on a project, then ‘bang’… give us an order and we have to ship, in some cases, the very next day a rather large order." I think that company may be Foxconn. I remember that Renishaw’s shares had exactly the same sharp rise two years ago just before the launch of the iPhone 5. Then ‘The Times’ newspaper in London mentioned that Renishaw’s machines could be seen in this iPhone 5 video, where Jony Ive is talking about the ‘remarkable precision’ with which the iPhone is manufactured (4:40 minutes point). www.youtube.com/watch?v=u5X5cV-4LRoSo when the next major design change occurs for the iPhone 7 in 2016, I will try and exploit any short term weakness in Renishaw shares… Apple's manufacturers must be churning out iPhones at quite a rate. Since I wrote this post back in July 2014, this UK specialist engineering company has issued three trading updates to the London Stock Exchange, stating how strongly the business is performing. The latest statement was today: "We continue to see good momentum in our business, with a record order book..."
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