Post Tagged with: "Apple"

Apple, IBM and Amazon

Apple, IBM and Amazon

As a technophile, I follow the tech space assiduously both in terms of products and trends as well as companies and strategy. Every quarter that Apple announces, I have made it a habit of commenting on their quarter, because they are the largest technology company in the world. This quarter, I thought I would add IBM and Amazon to the mix because there are important takeaways from their earnings as well. With Apple, the question is innovation and dependence on the iPhone. For IBM, the question is real earnings versus financial engineering. And for Amazon, the question I want to address here is net income versus cash flow.

Read more ›
Economic and market themes: 2014-10-20 Inflation, Fed reaction function, Amazon, Apple

Economic and market themes: 2014-10-20 Inflation, Fed reaction function, Amazon, Apple

It’s been a while since I did a multi-theme review as I used to do on Fridays but there are a number of threads out today that deserve mention. So I want to pack them into an economic and market theme post today. Market meltdown. First, the market meltdown from last week seems to have abated. I am expecting an […]

Read more ›
Economic and market themes: 2014-07-25 Ukraine, China, Japan, technology overvaluation

Economic and market themes: 2014-07-25 Ukraine, China, Japan, technology overvaluation

Ukraine is at risk of becoming a failed state
China’s growth is due to stimulus
Japan’s macro figures worsen
Microsoft’s strategy is weak
Facebook is overvalued

Read more ›
Apple’s shift into China shows the company’s masterful execution

Apple’s shift into China shows the company’s masterful execution

Apple’s Q3 2014 earnings report yesterday was a mixed bag in terms of actual results. But from my perspective the results show a company that continues to execute its strategy well given the onslaught from cheaper handsets using the Android operating system. Apple posted a smaller-than-expected 6% gain in quarterly revenue due to sluggish growth in saturated markets in Europe and North America. But revenue in China surged 28% despite Apple’s premium pricing. Apple’s growth days are over in developed markets. But I have been upbeat about Apple’s results because of the China strategy and this report shows that Apple’s growth has some momentum, mainly because of that market. Some figures and comments below.

Read more ›
The mobile handset clone wars have arrived

The mobile handset clone wars have arrived

The last earnings report from Apple was good on many fronts. While I was concerned with the dip in sales everywhere outside of the iPhone, Apple’s iPhone sales showed great promise, both in terms of unit sales and average selling price. But I believe this is a blip. Downward pressure on margins will continue on Apple, Samsung and elsewhere. The mobile space’s clone wars are now beginning.

Read more ›
US rents surging, technology competition heating up

US rents surging, technology competition heating up

Today is going to be a bit of a roundhouse review of issues in the news rather than a single topic daily newsletter because a lot of different things are creeping up on us that I haven’t highlighted. So I want to touch upon some of the links we have seen recently. Issues are housing and technology

Read more ›
Apple’s Q2 is a great quarter but top line growth is gone

Apple’s Q2 is a great quarter but top line growth is gone

Last quarter, I said that Apple the China Mobile deal and the growth in China would make for a better quarter for Apple this go round. Moreover, despite the negativity we heard before the earnings report about Tim Cook, Apple is a well-run company which executes its vision quite well. There is nothing wrong at the executive leve;/ And Apple […]

Read more ›
Apple’s profit falls again in Q1 2014 on record revenue

Apple’s profit falls again in Q1 2014 on record revenue

Like last quarter, Apple set another record for revenue in its first quarter of 2014. However, margins at Apple have receded, turning year-on-year profit comparisons negative for yet another quarter. Earnings per share are up because of stock buybacks. But Apple shares fell 8% after the earnings were released. Apple continues to try to maintain margins as high as possible without sacrificing share. This strategy means contraction in the Americas. But Apple is betting on Asia for growth.

Read more ›
Why T-Mobile’s John Legere will continue to shake up the telecom industry

Why T-Mobile’s John Legere will continue to shake up the telecom industry

I have developed a great respect for T-Mobile as a wild card in the mobile space. Their actions as the smallest of the 4 major US mobile carriers are having implications both in terms of telecom pricing and revenue models and in terms of handset subsidies and net margins. The net benefit will accrue to customers. The question is whether a Sprint takeover ends this dynamic and what impact it will have on share prices in the space. Thoughts below

Read more ›
Review: How My Ten Surprises for 2013 Fared

Review: How My Ten Surprises for 2013 Fared

In 2012, I started the subscriber newsletter out with Ten Surprises for 2012. The goal was to give Credit Writedowns Pro subscribers a list of things that investors only assigned one in three odds of occurring that I believed had a fifty percent or better chance of occurring. So if I was right, then I should get 5 out of ten predictions correct, while 3 to 4 out of ten should have been expected by investors. Last year, I graded myself at 7-3. Let’s see how I did this year.

Read more ›
Apple’s profit falls in Q4 2013 on record revenue

Apple’s profit falls in Q4 2013 on record revenue

Apple set another record for revenue in its fourth quarter of 2013 according to its latest earnings. However, margins at Apple have receded such that profit fell for yet another quarter. Overall, Apple’s strategy now seems to be geared toward maintaining margins as high as possible without sacrificing too much share. It will be a difficult proposition despite Apple’s stellar execution.

Read more ›
On the Moto X and Android domination

On the Moto X and Android domination

The new flagship phone for Motorola, Google’s mobile hardware subsidiary, the Moto X has grabbed the tech industry’s attention. It is made in the US and comes with a lot of flashy customization features. I think the phone is a bit disappointing. But it won’t matter because the Android ecosystem is so large now that its momentum cannot be stopped.

Read more ›