So, with Buffett dumping airlines, JPM and not jumping into the markets in March, is he really all that bearish? His cash keeps piling up to the frustration of long time Buffett fans. March Decline First, I would have to say that the March decline was pretty quick. It crashed, and the market bounced back…
Tag: AAPL
Cost Cutting, R&D etc.
This is going to be a wandering post, just thinking out loud about a few things that have been on my mind. I’ve been posting about “outsider” CEO’s and now about 3G Capital. They of course have a lot in common, but one thing is that these acquisitive CEO’s cut costs, and sometimes a lot….
Greenblatt on CNBC: Market Reasonably Valued
So Joel Greenblatt was just on CNBC and said some interesting things. I don’t intend to post every time someone I respect shows up on TV, but this appearance was especially interesting to me for a couple of reasons. One major reason is, of course, market valuation. I don’t really care about the many folks…
Newton’s Apple
So Apple has fallen below $400 and it seems like most people still talk about how cheap it is. Yes, it does look really cheap. But others have pointed out that Apple is only cheap if they can maintain their sky-high margins. I decided to take a quick look at this since I sort of…
Create Your Own Apple Stub
Einhorn is unhappy with Apple’s $137 billion cash hoard on the balance sheet and wants Apple to issue perpetual preferred shares to enhance shareholder value. He said in an open letter that every $50 billion of preferred shares it distributes (at 4% rate) will increase value to Apple shareholders by $32/AAPL share. First of all,…
Apple is No Polarioid, But…
I spent the last couple of weeks reading some books on Polaroid and took some notes that I thought were interesting and goes to the heart of my problem with Apple stock. Of course, Apple is not Polaroid. Polaroid was ‘just’ an instant camera, made irrelevant by digital technology. Apple has a deep eco-system and…
Why I Left Apple (Apple is a Speculation)
OK, this title is meant to mock the book about Goldman Sachs with a similar title. I have never worked for Apple, so this is misleading. Warning: This post has no data or any analysis. It’s just opinion, like a dinner table conversation with family on what worries me as an Apple shareholder (or…
Crash!!?
This is not a market-timing blog or anything like that, but every now and then I get the itch to make a post about it even when I have no real information or analysis to offer. So most can skip reading this post. Anyway, last October and November, I made a bunch of bullish posts…
I Am Out
I don’t mean to make this a trading journal or stock buy/sell recommendation site, but I thought I’d mention that I am a bit less enthusiastic about AAPL now as the world seems to be quickly agreeing with the bullish views. I never intended AAPL for me to be a long term investment as it…
Staggering, Off the Charts
This is how Apple described iPhone demand in China on their first quarter conference call. Demand is staggering. It’s “off the charts”. They could have sold more but were way too conservative. Apple is pretty much one of the most widely watched stocks so there is no point in my going over the details here,…