An imaginary conversation between Analysts and Apple
Analysts: iPhones are dead with teens!
Apple: Uh, no. Apple has more teen users than Android.
Analysts: The smart phone market is saturated! There is no more growth!
Apple: Yeah, there is. We're just taking huge chunks out of Samsung.
Analysts: The 5C is a fail, I tell you, fail fail fail!
Apple: No, the 5C is a giant hit. The 5S happen to be a monster hit.
Analysts: Well, 9M opening weekend but they're all in the channel! You lie!
Apple: 5C is #2 phone beating G4 at many major carriers.
Analysts: Well, Apple has lost the ability to innovate!
Apple: Have a nice new Mac Pro.
Analysts: Well, Android is winning the tablet wars!
Apple: Faster, lighter, better, slimmer. Which tablet do YOU think will win this holiday season?
Analysts: Um... (checks notes) well um... (whisper amongst each other) You know, we ALWAYS SAID Apple would rise again!
Apple: Our stock went down. We never did.
Exactly right and with Icahn around, these analyst will less likely to talk out of their butts because they know Icahn will destroy them if he suspects foul play
Why bother increasing earnings per share, based on Apple's performance vs, say Amazon, earnings per share is meaningless to Wall Street and has no bearing on share price.
So the associated press thinks Apple is going to report a loss on Monday. :rolleyes: And in their article they claim Apple had a steady increase in profits ever since the introduction of the iPod. That isn't true. Apple was barely making any profit in 2001, 2002 and 2003. In fact the huge profits didn't come until the iPhone was introduced.
So the associated press thinks Apple is going to report a loss on Monday. :rolleyes: And in their article they claim Apple had a steady increase in profits ever since the introduction of the iPod. That isn't true. Apple was barely making any profit in 2001, 2002 and 2003. In fact the huge profits didn't come until the iPhone was introduced.
The AP is a joke. Declining growth isn't a loss. In addition the June qtr iPad growth dropped yoy because last year the iPad 3 was released. This year, nothing. You would think reporters would get the facts straight.
So the associated press thinks Apple is going to report a loss on Monday. :rolleyes: And in their article they claim Apple had a steady increase in profits ever since the introduction of the iPod. That isn't true. Apple was barely making any profit in 2001, 2002 and 2003. In fact the huge profits didn't come until the iPhone was introduced.
Don't go away mad, Carl Icahn. Just go away and bedevil some other company.
(And damn, I wish there was some way for Apple to burn his ass on the way out. Still he's a tricky - and persistent - dick once he sets his sights on something, so this sub-plot will likely have more twists and turns - and maybe many - before it's over....)
My wish:
1. Deny Icahn's demand for a massive tender offer.
2. Tell him to take a long walk on a short pier.
3. Wait for him to dump his shares in frustration.
4. Increase the buyback authorization to take advantage of the resulting price decline.
Apple retires a large number of shares at a better price and Icahn gets no benefit.
Jony is a brilliant designer. He makes things look and feel beautiful. He is not a technology visionary. I'm looking at Apple long term, how to keep it from becoming a Sony ten years down the line. Maybe Elon wouldn't fit in, but if he did... if he, Tim, Jony and the others could work together... they could do some amazing things and leave Google in the dust.
How do you know what he is/isn't? He chooses not to be on stage because its not his strong suit. And Apple doesn't allow their executives to talk publicly about future plans. Apple could have all sorts of cool visionary stuff in their design labs, We just don't know about it because Apple chooses to keep all that stuff secret.
I saw a couple blog posts about the iPad event musing that there wasn't really a vision around it, or it felt too much like a "speeds and feeds" presentation. I don't think that at all. I think Apple is positioning the iPad as a product where the hardware gets out of the way and allows you to just focus on your content. And they're positioning it as a truly mobile product that is incredibly easy to use that and you can take with you anywhere. Not something that requires a kickstand and keyboard attachment to become useful. Some might think thin and light is boring but it blows me away that Apple is able to put 64-bit computing in a device that weighs only 1 pound and get 10 hours battery life. And even more amazing is they're able to do that in the smaller mini and also get the same amazing battery life. That's no small feat.
The AP is a joke. Declining growth isn't a loss. In addition the June qtr iPad growth dropped yoy because last year the iPad 3 was released. This year, nothing. You would think reporters would get the facts straight.
Yeah I had to do a double take when I saw that headline in my google news feed. What shoddy journalism.
the stock is still under valued. Had analysts not had their head up their butts and realized that Apple is still innovating without Steve Jobs the stock would still be hovering around $700 - but I guess they need to manipulate the stock so they can make money.
But that's because they built more warehouses. Investors apparently love that.
Oh, that makes sense, then.
Have you SEEN how many movies use abandoned warehouses?! There’s an abandoned warehouse district in every city! Heck, my own city has an abandoned warehouse district. Sure, it’s just one warehouse, but the darn thing is brick, so good luck tearing it down.
Amazon will make a KILLING by whoring out renting those warehouses to every two bit action movie that comes their way. All they have to do is sit back and wait.
Have you SEEN how many movies use abandoned warehouses?! There’s an abandoned warehouse district in every city! Heck, my own city has an abandoned warehouse district. Sure, it’s just one warehouse, but the darn thing is brick, so good luck tearing it down.
Near one of my offices, they are systematically tearing down a brick building. And boy, is it painstaking! They seem to be taking it down one small area, one floor at a time.
By the way, what's happened with Andy Zaky? He was an investor darling last year.
"Prior to 2013, we also managed an Apple, Inc. (AAPL) options-based model portfolio but have since dropped coverage of Apple after the Apple-apocalypse of 2012. While we do trade Apple from time to time, our focus has shifted to trading a broad range of equities and equity options."
Comments
Exactly right and with Icahn around, these analyst will less likely to talk out of their butts because they know Icahn will destroy them if he suspects foul play
Why bother increasing earnings per share, based on Apple's performance vs, say Amazon, earnings per share is meaningless to Wall Street and has no bearing on share price.
http://www.dailymail.com/Business/201310240174
The AP is a joke. Declining growth isn't a loss. In addition the June qtr iPad growth dropped yoy because last year the iPad 3 was released. This year, nothing. You would think reporters would get the facts straight.
Now the AP employs stock pickers? Or are they just whistling Dixie?
My wish:
1. Deny Icahn's demand for a massive tender offer.
2. Tell him to take a long walk on a short pier.
3. Wait for him to dump his shares in frustration.
4. Increase the buyback authorization to take advantage of the resulting price decline.
Apple retires a large number of shares at a better price and Icahn gets no benefit.
I saw a couple blog posts about the iPad event musing that there wasn't really a vision around it, or it felt too much like a "speeds and feeds" presentation. I don't think that at all. I think Apple is positioning the iPad as a product where the hardware gets out of the way and allows you to just focus on your content. And they're positioning it as a truly mobile product that is incredibly easy to use that and you can take with you anywhere. Not something that requires a kickstand and keyboard attachment to become useful. Some might think thin and light is boring but it blows me away that Apple is able to put 64-bit computing in a device that weighs only 1 pound and get 10 hours battery life. And even more amazing is they're able to do that in the smaller mini and also get the same amazing battery life. That's no small feat.
Did they announce already? When are they going to crash, for heaven’s sake?!
Yea, I think they lost 41 MM. But that's because they built more warehouses. Investors apparently love that.
Oh, that makes sense, then.
Have you SEEN how many movies use abandoned warehouses?! There’s an abandoned warehouse district in every city! Heck, my own city has an abandoned warehouse district. Sure, it’s just one warehouse, but the darn thing is brick, so good luck tearing it down.
Amazon will make a KILLING by whoring out renting those warehouses to every two bit action movie that comes their way. All they have to do is sit back and wait.
Some folks here have called for Tim Cook's head because of the drop in market cap. I'd like to hear from them now.
Oh, that makes sense, then.
Have you SEEN how many movies use abandoned warehouses?! There’s an abandoned warehouse district in every city! Heck, my own city has an abandoned warehouse district. Sure, it’s just one warehouse, but the darn thing is brick, so good luck tearing it down.
Near one of my offices, they are systematically tearing down a brick building. And boy, is it painstaking! They seem to be taking it down one small area, one floor at a time.
Don't hold your breath. Many of them will not credit Cook with anything yet blame him for everything.
http://tech.fortune.cnn.com/2013/10/27/apple-earnings-smackdown-q4/
By the way, what's happened with Andy Zaky? He was an investor darling last year.
"Prior to 2013, we also managed an Apple, Inc. (AAPL) options-based model portfolio but have since dropped coverage of Apple after the Apple-apocalypse of 2012. While we do trade Apple from time to time, our focus has shifted to trading a broad range of equities and equity options."
http://bullishcross.com
This is Zaky's web site. He screwed up big time and faded into the woodwork.
http://tech.fortune.cnn.com/2013/03/04/apple-zaky-bullish-cross/