brucemc

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brucemc
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  • Facebook denies report claiming Zuckerberg ordered execs to go Android-only

    Zuckerberg has always seemed thin-skinned and petty in most articles I have read.  I wonder how many FB execs use the Androids at work and an iPhone when they leave...
    watto_cobrajbdragonbuttesilvermagman1979tmay
  • Apple stock hammered on lower forecasts from iPhone part suppliers Lumentum & Japan Displa...

    A good buying opportunity for those that wanted to get in before the stock ramp in Q3.  Even if there is some weakness in iPhone shipments, there is more optimism in the market now than last year in terms of wearables (the next big h/w item in CE), and services.  Apple throwing off ~$50B USD in free cash each year, much of that going to stock buy backs which increases earnings/share.  Plus they have the investment freedom to buy what they need, and consider which are the most profitable avenues to take.
    montrosemacs
  • Apple's services will grow to over $100 billion per year in 2023, says Morgan Stanley

    Apple's stock price fell like a brick after the earnings report and that's the reality. I'm not going to get myself all excited just because of some high-price target prediction. I'm sure more Apple stock downgrades will be coming to hold the stock price down for at least a couple of months. All I know is the world is being driven by Android smartphones and the BRIC nation consumers will be carrying nothing but Android smartphones like a badge of honor. Apple won't be able to sell any iPhones to those BRIC nation consumers who probably don't even earn $1100 a year in salary. That will be four enormous countries where Apple won't have but a teeny, tiny fraction of iPhone purchasers. That is so sad. It's a wonder big investors tossed Apple stock into the toilet and flushed twice.

    Whenever I hear such blatant cheer-leading for Apple's stock price or value I just find it sort of annoying. It just seems much to high considering Apple's iPhone unit sales have pretty much stagnated. I wish fellow Apple shareholders the best of luck and maybe this scenario will actually happen, but I'm not holding my breath. If I see a 10% gain (from today) in Apple's share price before the end of the year, I'll be more than pleased. It won't please those greedy big investors but I'll continue to receive my Apple dividends and that's good enough for now.  Apple's P/E is back to 18 again and it always seems to yo-yo between 18 and 20.  I never expect Apple's P/E to be higher than 20.x while all the FANG and Microsoft stock shareholders get super-high P/Es as a matter of course.
    You are entitled to your opinion that you do not like Apple.  I don't care.  However, you are quite out to lunch when it comes to investment returns on the different tech companies.

    Looking at the longer term, we can go back to companies that were around in the mid 2000's - taking 2005 as that point - and look at the investment returns.  Based solely on todays stock price values, of the large tech companies that you could compare Apple with (Samsung, Microsoft, Google/Alphabet, Amazon) [not that all really compete with Apple, especially Amazon, but they are now in the same market cap zone and could compete more).  Here is how much the stock increased, and what the current PE is at.  This is all from Yahoo Finance.
    - Amazon=> 49x, PE=136
    - Apple => 39x, PE=18
    - Alphabet => 11x, PE= 46
    - Microsoft => 4x, PE=51
    - Samsung Electronics => 4.9x, PE= N/A (loss)

    Apple is 2nd on the total stock price return, with a current PE below the S&P 500 average, and their PE was never very high when delivering those returns.  And this does not include dividends, which only Apple and MSFT return.  Of all the companies listed above, which do you think as the potential to fall the most going forward, in a risk/return view?  

    When it comes to total profit, cash flow, and most importantly - free cash flow  - Apple has more than all the rest combined.  Why does the most successful investor in the world invest in Apple, but not the other companies?

    But sure - Apple should listen to YOUR advice because they are in serious trouble...
    MacPro
  • Apple's new 11- & 12.9-inch iPad Pros sport a massive redesign and gain Face ID, USB-C

    melgross said:


    Another observation: the current iPad Pros are still in the line up but no price change. Even the iPad mini hangs around at the same price. And according to The Verge the new Pencil isn’t compatable with existing iPads and the 1st gen Pencil wont work with the new iPads. WTF.
    WTF what? New things don't work with old things all the time in computing. Are you new to computers or something?
    You really can be an ass you know. I have a perfectly good Pencil that is now useless with the new Pro I ordered. And the new Pencil is $30 more. So did the engineers and designers working on the Pencil not know anything about the iPad Pro pipeline and that lightning would be replaced by USB-C? Did anybody say hey, maybe paring via lightning port isn’t the best idea? Isn’t Apple supposed to be all about the best user experience?
    My daughter and I also have perfectly good Pencils. But it is what it is. We’re spending $1,250, plus $129 AppleCare for each of these things. Another $129 for the Pencil doesn’t seem like a problem. If you’re a real pro, I’ll say what I always do, have your accountant write this off as with any expense, capital, or otherwise. If you’re not a pro, then it’s an expense for your hobby, and hobbies cost money.
    Well if you’re already spending X what’s the problem with spending an extra Y. This is how Apple gets people to spend more money. Like with the RAM. Is there a technical reason the non terabyte models only get 4GB RAM while the 1TB model gets 6GB? More RAM is never a bad thing but now to get it you have to spend $400 more than the base model even if you don’t need 1TB of storage. I ordered a new iPad Pro because I use my iPad all the time and it really looks like a fantastic device. But the price increases and nickel and diming is getting annoying. The new Pro I ordered with pencil, case and Apple Care was close to $1600. That’s a lot of money and every year now prices go up. :(
    On the bright side, at least you'll have an iPad that will be powerful enough to give you 4 years of solid useful life.  By that time, iPad Pros will come with 8GB RAM.

    In Rogi's case, she'll have an iPad that she can get 4 years of solid complaining out of.
    Well I’ve had my current Pro for 2 years and never complained about it so I’m not sure what you’re talking about.
    Perhaps you are not aware of it, but you come here almost EVERY DAY and complain about Apple...
    fastasleep
  • A higher-end AirPods revision would fill a market niche nicely

    If we get updated AirPods, regardless of a "Pro" version or not, I would expect / hope for:
    - BT5 for better range (when working with more recent iPhones or other devices that also support BT5...)
    - improved water resistance
    - at least one other colour
    watto_cobra