Why is he buying so many Apple stock just as Apple is losing so much market share all over the world? There are no bigger screen, more affordable iPhones or new products coming.
Why is he buying so many Apple stock just as Apple is losing so much market share all over the world? There are no bigger screen, more affordable iPhones or new products coming.
And that right there explains why he's a multi-billionaire and you probably aren't...(?) )
No offense intended. Just pointing out the obvious. (I'm not a billionaire either, by the way, but I get why he's buying in.)
Here's a super-mini explanation:
The market (and the competitive base) is GROWING. Apple is also GROWING.
Apple appears to be "losing market share" (only a marginally important measure where Apple is concerned) because the combined products of dozens of companies IN TOTAL are growing together faster than Apple can alone. No single company can keep pace with this growth, and still put out high quality, focused products, like Apple does. And yet, Apple is still the most valuable company in the world, and growing, still reaping the vast majority of profit in their space, which is also growing, and themselves growing at a healthy pace.
Apple is not Samsung. They don't do "junk". Samsung increases "market share" while losing profit.
Apple just had yet another record-breaking quarter. $13 BILLION in profit selling 77 MILLION iOS devices. In a single quarter.
That's why he's buying the stock. He sees where they are, and where they're going more in FACT than the fiction of "analyst land"...
I imagine that you’re dead on about Cook. Thing is, no one can explain that better than he, because of the position he has within the whole ecosystem.
He needs to write an open letter articulating this. Best of both worlds. It’s him saying it, so the detractors can’t claim it’s “not Cook’s sentiment” and it’s a pre-planned statement rather than spur of the moment, so the detractors can’t claim it’s “not genuine because it’s an Apple representative saying it” and he won’t miss out on anything.
Not that he can’t speak the truth spur of the moment. Since he believes what’s being said… I had a better way of explaining it, but I feel worthless right now, so I’ll do it shorthand:
“If you tell the truth, you don’t have to remember anything.” – Mark Twain
Thing is, you can still forget things, and that’s enough to get people on your case. He ought to write a letter.
You're probably right. It's just that Cook is not a great public speaker. Maybe a letter is the way to go. Just something to counter the perception that has unfortunately become reality.
<h1>[SIZE=16px]Angela Ahrendts should be promoted to Co-CEO. She is a marketing genius and knows how to talk the talk and take no prisoners. Keep Cook as the Co-CEO but focused on the operations side. They really need to get rid of Openhimer as CFO. Dude is useless and his accounting 'tricks' are hurting the stock such as deferred large chunks of revenue for free software.[/SIZE] </h1>
Co-CEOs? Your nuts. Also how about we let Ahrendts settle in before we proclaim her CEO material.
<h1>[SIZE=16px]Angela Ahrendts should be promoted to Co-CEO. She is a marketing genius and knows how to talk the talk and take no prisoners. Keep Cook as the Co-CEO but focused on the operations side. They really need to get rid of Openhimer as CFO. Dude is useless and his accounting 'tricks' are hurting the stock such as deferred large chunks of revenue for free software.[/SIZE] </h1>
Hell Apple should hire you as co CEO as well. three heads are better than one, right? Frak, make everyone co-CEOs!
You did not search enough. Before that though, I did not state Apple's credit rating had been lowered. I stated, Moody's warned Apple as follows...
(Quote cut)
My bad. I saw that quote, but I misread your post. I was arguing against something you never said...
Angela Ahrendts should be promoted to Co-CEO. She is a marketing genius and knows how to talk the talk and take no prisoners. Keep Cook as the Co-CEO but focused on the operations side. They really need to get rid of Openhimer as CFO. Dude is useless and his accounting 'tricks' are hurting the stock such as deferred large chunks of revenue for free software.
Steve Jobs warned about ceding the reins of a tech company to the marketing guys.
And that right there explains why he's a multi-billionaire and you probably aren't...(?) )
No offense intended. Just pointing out the obvious. (I'm not a billionaire either, by the way, but I get why he's buying in.)
Here's a super-mini explanation:
The market (and the competitive base) is GROWING. Apple is also GROWING.
Apple appears to be "losing market share" (only a marginally important measure where Apple is concerned) because the combined products of dozens of companies IN TOTAL are growing together faster than Apple can alone. No single company can keep pace with this growth, and still put out high quality, focused products, like Apple does. And yet, Apple is still the most valuable company in the world, and growing, still reaping the vast majority of profit in their space, which is also growing, and themselves growing at a healthy pace.
Apple is not Samsung. They don't do "junk". Samsung increases "market share" while losing profit.
Apple just had yet another record-breaking quarter. $13 BILLION in profit selling 77 MILLION iOS devices. In a single quarter.
That's why he's buying the stock. He sees where they are, and where they're going more in FACT than the fiction of "analyst land"...
OK?
I would argue that that is not an accurate statement when it comes to the reason why Icahn buys into a company. He buys in at high leaels so he can forces them to do something that will make him money in his time horizon. Most of the companies he bought into he tried to get a board position or forces them to deal with him directly or indirectly. At some point, he will have enough shares that Apple's board will have to listen to him and he does not have to have majority share or even a large % just enough so they can not ignore him. He is not buying Apple because he see a potential, he trying to rob them of the money they have, he obviously getting a nice dividend check each quarter now and he believe that if apple uses its money hoard to buy back stock that will some how drive the value of the stock to a point which he can then cash out.
However, if others who buy the stock do not see value in Apple growing the stock will continue to decline in value and the stock will stay stuck in the range it has been trading at. Apple is trading at 7 to 8 times earning, only the worst companies are trading that low, company which the market thinks will continue to grow and are losing money are trading double and triple times their earnings.
I Believe Icahn want to see Apple with no money in the bank at that point he accomplishes his goal, he never said he believe in what Apple product are doing in the market place. He is attempting to do what they call Financial Engineering, they are attempting to make it look good on paper so they can pull in the profits.
I would argue that that is not an accurate statement when it comes to the reason what Icahn buys into a company. He buys in a a high leave so he can forces them to do something that will make him money in his time horizon. Most of the company he bought into he tried to get a board position or forces them to deal with him directly or indirectly. At some point, he will have enough shares that Apple board will have to listen to him and he does not have to have majority share or even a large % just enough so they can not ignore him. He is not buying Apple because he see a potential, he trying to rob them of the money they have, he obviously getting a nice dividend check each quarter now and he believe that if apple uses it money hoard to buy back stock that will some how drive the value of the stock to a point which he can then cash out.
However, if others who buy the stock do not see value in Apple growing the stock will continue to decline in value and the stock will stay stuck in the range it has been trading at. Apple is trading at 7 to 8 times earning, only the worst companies are trading that low, company which the market thinks will continue to grow and are losing money are trading double and triple times their earnings.
I Believe Icahn want to see Apple which no money in the back at that point he accomplishes his goal, he never said they believe in what Apple product are doing in the market place. He is attempting to do what they call Financial Engineering, they are attempting to make it look good on paper so they can pull in the profits.
His $500 million buy in did doodlie squat to the share price, at Apple's level he's still a two bit player.
I’ve been thinking more about Tim Cook today and what his future as Apple CEO is. There’s no doubt that Cook lives and breathes Apple. Apple is his life. And I don’t think there’s anyone who cares more about Apple than Cook (similar to Ballmer at Microsoft). I get the sense that employees like Cook and that his direct reports like working for him. While product ideas might not come from Cook directly I don’t get the sense that he’s shooting down good ideas. I’ve never heard stories about Apple working on some cool project and Cook cancelling it. So it seems like Cook is fostering the right culture for innovation.
But then I listen to Cook when being interviewed by Walt Mossberg or his comments during earnings calls and it’s sometimes hard to listen to. Apple has been on defense now for two years with everyone and their brother questioning Apple’s strategies and whether the company is innovating, whether it can produce another blockbuster like the iPhone. And Cook just doesn’t seem to have a good answer for this. I listen to him on conference calls and never get much confidence from what he says. Like yesterday when he got the inevitable innovation questions. Cook should have knocked it out of the park. He should have said Apple is working on lots of cool stuff but they’re not going to bring it to market until it’s ready. They’re not going to rush a product to market just to feed the beast and the need for new, new new. And then say what Federighi and Ive have said in the past – that new and different is easy but better is hard, and Apple is interested in doing things that are better, not just new or different. Or like Ive said in the iPhone 5S video – that it’s not about technology for technology’s sake; it’s about doing something that enhances the user experience. Cook needs to do a better job of explaining why Apple doesn’t crank out new stuff left and right. Sure the market should already know this, but it seems these days they need to be reminded and reminded often. Perhaps Apple should have someone besides Cook doing these interviews and driving the conference calls. Someone that can do a better job of articulating Apple’s MO.
<h1>[SIZE=16px]Angela Ahrendts should be promoted to Co-CEO. She is a marketing genius and knows how to talk the talk and take no prisoners. Keep Cook as the Co-CEO but focused on the operations side. They really need to get rid of Openhimer as CFO. Dude is useless and his accounting 'tricks' are hurting the stock such as deferred large chunks of revenue for free software.[/SIZE] </h1>
Oppenheimer is way past his sell-by date. He's one of the most unimpressive CFOs I've seen in a large company. Apple has clearly outgrown him.
Comments
/s
Why is he buying so many Apple stock just as Apple is losing so much market share all over the world? There are no bigger screen, more affordable iPhones or new products coming.
And that right there explains why he's a multi-billionaire and you probably aren't...(?)
)
No offense intended. Just pointing out the obvious. (I'm not a billionaire either, by the way, but I get why he's buying in.)
Here's a super-mini explanation:
The market (and the competitive base) is GROWING. Apple is also GROWING.
Apple appears to be "losing market share" (only a marginally important measure where Apple is concerned) because the combined products of dozens of companies IN TOTAL are growing together faster than Apple can alone. No single company can keep pace with this growth, and still put out high quality, focused products, like Apple does. And yet, Apple is still the most valuable company in the world, and growing, still reaping the vast majority of profit in their space, which is also growing, and themselves growing at a healthy pace.
Apple is not Samsung. They don't do "junk". Samsung increases "market share" while losing profit.
Apple just had yet another record-breaking quarter. $13 BILLION in profit selling 77 MILLION iOS devices. In a single quarter.
That's why he's buying the stock. He sees where they are, and where they're going more in FACT than the fiction of "analyst land"...
OK?
/deleted
Hell Apple should hire you as co CEO as well. three heads are better than one, right? Frak, make everyone co-CEOs!
My bad. I saw that quote, but I misread your post. I was arguing against something you never said...
Hell Apple should hire you as co CEO as well. three heads are better than one, right? Frak, make everyone co-CEOs!
More CEO-Bell! >:D
Angela Ahrendts should be promoted to Co-CEO. She is a marketing genius and knows how to talk the talk and take no prisoners. Keep Cook as the Co-CEO but focused on the operations side. They really need to get rid of Openhimer as CFO. Dude is useless and his accounting 'tricks' are hurting the stock such as deferred large chunks of revenue for free software.
Steve Jobs warned about ceding the reins of a tech company to the marketing guys.
Steve Jobs warned about ceding the reins of a tech company to the marketing guys.
...and to the bean counters.
It worked SO well for Research In Motion!
NO.
And that right there explains why he's a multi-billionaire and you probably aren't...(?)
)
No offense intended. Just pointing out the obvious. (I'm not a billionaire either, by the way, but I get why he's buying in.)
Here's a super-mini explanation:
The market (and the competitive base) is GROWING. Apple is also GROWING.
Apple appears to be "losing market share" (only a marginally important measure where Apple is concerned) because the combined products of dozens of companies IN TOTAL are growing together faster than Apple can alone. No single company can keep pace with this growth, and still put out high quality, focused products, like Apple does. And yet, Apple is still the most valuable company in the world, and growing, still reaping the vast majority of profit in their space, which is also growing, and themselves growing at a healthy pace.
Apple is not Samsung. They don't do "junk". Samsung increases "market share" while losing profit.
Apple just had yet another record-breaking quarter. $13 BILLION in profit selling 77 MILLION iOS devices. In a single quarter.
That's why he's buying the stock. He sees where they are, and where they're going more in FACT than the fiction of "analyst land"...
OK?
I would argue that that is not an accurate statement when it comes to the reason why Icahn buys into a company. He buys in at high leaels so he can forces them to do something that will make him money in his time horizon. Most of the companies he bought into he tried to get a board position or forces them to deal with him directly or indirectly. At some point, he will have enough shares that Apple's board will have to listen to him and he does not have to have majority share or even a large % just enough so they can not ignore him. He is not buying Apple because he see a potential, he trying to rob them of the money they have, he obviously getting a nice dividend check each quarter now and he believe that if apple uses its money hoard to buy back stock that will some how drive the value of the stock to a point which he can then cash out.
However, if others who buy the stock do not see value in Apple growing the stock will continue to decline in value and the stock will stay stuck in the range it has been trading at. Apple is trading at 7 to 8 times earning, only the worst companies are trading that low, company which the market thinks will continue to grow and are losing money are trading double and triple times their earnings.
I Believe Icahn want to see Apple with no money in the bank at that point he accomplishes his goal, he never said he believe in what Apple product are doing in the market place. He is attempting to do what they call Financial Engineering, they are attempting to make it look good on paper so they can pull in the profits.
I would argue that that is not an accurate statement when it comes to the reason what Icahn buys into a company. He buys in a a high leave so he can forces them to do something that will make him money in his time horizon. Most of the company he bought into he tried to get a board position or forces them to deal with him directly or indirectly. At some point, he will have enough shares that Apple board will have to listen to him and he does not have to have majority share or even a large % just enough so they can not ignore him. He is not buying Apple because he see a potential, he trying to rob them of the money they have, he obviously getting a nice dividend check each quarter now and he believe that if apple uses it money hoard to buy back stock that will some how drive the value of the stock to a point which he can then cash out.
However, if others who buy the stock do not see value in Apple growing the stock will continue to decline in value and the stock will stay stuck in the range it has been trading at. Apple is trading at 7 to 8 times earning, only the worst companies are trading that low, company which the market thinks will continue to grow and are losing money are trading double and triple times their earnings.
I Believe Icahn want to see Apple which no money in the back at that point he accomplishes his goal, he never said they believe in what Apple product are doing in the market place. He is attempting to do what they call Financial Engineering, they are attempting to make it look good on paper so they can pull in the profits.
His $500 million buy in did doodlie squat to the share price, at Apple's level he's still a two bit player.
Hear, hear.
At a minimum, he needs a good speech/PR coach.
Oppenheimer is way past his sell-by date. He's one of the most unimpressive CFOs I've seen in a large company. Apple has clearly outgrown him.
We have a winner for the Bolshevik Award of the Day! Behead all them rich!!
Only the rich can buy Apple stocks nowadays. The joe public have to settle with buying the products thus making the rich richer even.
The Joe Publics own the pension funds that provide the money for these guys to play with, big, fat cash cows milked at every turn.
Any more lies? Tim Cook is a midget Canaanite nephilim incarnate or something?