palomine

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palomine
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  • Apple Pay likely to get boost from Visa & Mastercard mandating contactless payment termina...

    palominepalomine
    I BET The card companies are demanding contactless payment terminals! I would too if I were them. 
    It took some time to see how this Apple Pay thing turned out but I am sure the banks love the ease and security. ZERO fraud issues and it probably zips through accounting systems.  Why in hell US merchants are so ugly about Apple Pay I will never know. So many places that advertise they have it really don't. I live in one of the top ten cities in the US.   I've tried Macy's, Office Depot, Container Store, you name it.   Lots of times when I try to use it the merchant scowls and has to go get the manager and they futz with something or other and then--while people are waiting behind me-- I end up using the slow chip reader anyway. The chip readers are so slow where I live that writing a check would be about the same.  But then, I live in the @&;!$;&@?! South anyway, what else could I expect.
    watto_cobra

  • Apple's market cap soars past $800 billion as shares march higher on 'iPhone 8' hype

    palominepalomine
    SpamSandwich said:
    melgross said:
    This isn't just because of rumors of the iPhone 8. In fact, I believe that most of the share price on iPhone rumors is already built into the price, and has been in the mid 140s.

    what I'm reading is a deeper reading of Apple's sheet. Several things pop up.

    apple's enterprise business is growing strongly at a 40% rate. A number of large businesses are standardizing on Apple iPhones and iPads. Macs in the enterprise are growing strongly. The deal with IBM is paying off in software and services.

    the services business itself is growing strongly, at an 18% clip.

    sales of "other" is growing at a 31% clip. Within that, Apple Watch sales have doubled YoY.

    its been pointed out that iPhone sales were actually slightly higher than last year's quarter, not lower, when considering the drawdown in the channel, which was 1.2 million last quarter, compared to 450 thousand last year's quarter.

    sales in China have been moving back up, as Cook pointed out during the call, it's up from the last two quarter;s of last year. Mac sales in China did very well. 80% of all phones sold in China above $600 are iPhones. The Chinese want the newest products, so a cycle is expected when that happens later this year, and next year for all products.

    in addition Apple is still trading at a discount, average P/E in the industry is 22, Apple's is about 18. Moving to the average would bring Apple's stock to about $183. Adding the $30.40 in cash per share, after debt, would bring the stock to about $213.

    there's more.

    so there's plenty room for improvement.
    AAPL hasn't jumped this much in a long time, I'm just guessing that Buffet's comments started a bonfire which exploded based on early stock momentum today.

    Incidentally, intraday high (so far) is $153.70. Spectacular.
    I have been wondering when someone at Buffet's firm would realize the value locked up in AAPL.  
    Think about it. By merely buying the stock and making a comment, Buffet can create, in effect, his own climate.
    AAPL was just sitting there, waiting for him or another large investor to try this. 

    Icahn didn't count because his reputation is terrible and he is NOT a buy and hold.

    thank you Warren!

    hey I seem to have the same capitalization bug here
    SpamSandwichSoli

  • Apple's upcoming Danish data center will help warm area homes

    palominepalomine
    STAPLES!   We just took an old iMac with a fried motherboard and three all in one printers to the store for recycling. They have a points system for trading up your electronics also.
      It's infuriating that printers, especially, don't last more than a year before they need print heads. The cost of new printheads is the cost of a new printer. But for someone who can get the heads at wholesale maybe they can do something with them.

    Home Depot takes batteries and paint and more.  There are a lot of ways to recycle stuff.


    watto_cobra

  • Researcher calls Samsung's Tizen OS "the worst code I've ever seen"

    palominepalomine
    zoetmb said:
    Well..Samsung is the company that made a washing machine that caught fire, which I would think would be hard to accomplish.    So what do you expect?   

    Ha haha well, when you put it that way...
    thank you for a badly needed chuckle this morning.
    watto_cobra

  • Editorial: Why Apple ignores so much pundit innovation advice

    palominepalomine
    KBBrowning said:
    Your article reminded me of a study done in the late '80s or early '90s by the Harvard Business Review.  The essence of the study was why Microsoft had a superior strategy because it focused on software and left commodity hardware production to others versus Apple which relied on hardware (commodity?) in order to succeed.  This study occurred at a time when MS was doing well and Apple was faltering.  

    Your article does a good job of demonstrating the high value of knowing ones customers and having a clear, coherent strategy and being able to execute day in and day out.
    Thank you for posting. This is exactly why I bought a lot of Apple stock in 2001. I knew that when Steve Jobs came back to Apple he was determined to redeem his and Apple's reputation. Nobody wants to go down in history as having made the worst business decision in the world and used in classes as the laughable case study.  I truly saw Apple as a redemption story. I had no idea what they would do, I just knew they would succeed.  I seldom feel so certain about anything, let alone such a big financial decision as that was. Yet I never doubted the company and I sure am glad I bought the stock!
    watto_cobra