Gene Munster calls Goldman Sachs' Apple downgrade 'tone deaf' (video)

13 Comments

  1. Aaron Belich said:
    Gene is a huge Tesla bull.

    They’ve been laying down infrastructure like it’s going out of style. They can’t keep up with demand, though I expect some of that to change these next couple of quarters.

    1
    April 17, 2020
    • Gregg Thurman said:
      Tesla built a brand before everyone else even thought of electric vehicles, and has a wider product line from low cost passenger cars, SUVs, luxury cars, sports cars, pickup trucks and on through to semi-trailers.

      In 15 years I can see Tesla surpassing GM in number of vehicles produced. Tesla already surpasses GM in market cap.

      1
      April 17, 2020
      • David Emery said:
        Just out of curiosity, who makes more profit per vehicle, Telsa or GM?

        1
        April 17, 2020
        • Jerry Doyle said:
          @David Emery:

          Sandy Munro did a teardown analysis on the Tesla Model 3. Sandy’s report of findings states that his team analysis found that the Tesla Model 3 exceeds 30% profit. I do not know about the other Tesla models, but this teardown analysis finding is on specifically, the Tesla Model 3.

          The link to review this information is: teslarati.com

          Review the video within the link if you have time. It is most informative.

          I don’t know if you are aware of Sandy Munro’s reputation in this cottage industry of teardown analysis of cars, but his skill and integrity are impeccable. Multiple car companies contract with Sandy’s team to get them to teardown competitors’ brands to do these analyses.

          Kirk DeBernardi just picked up a new Tesla Model S and had it aftermarket PPF and Ceramic Coated. Kirk follows Sandy Munro more than I and perhaps he can share information with us on the teardown profits of the other Tesla models.

          0
          April 17, 2020
          • Jerry Doyle said:
            David, here is the YouTube video on Sandy Munro teardown analysis of the Tesla Model 3:

            2
            April 17, 2020
  2. Dan Scropos said:
    This is a must watch. Gene called Apple a $575 stock in 4 years. His formula is 15% earnings growth for 4 years and a 25 multiple.

    More than that, his comments about Apple investing in the future are just spot in. This is a wonderful piece. Watch it.

    4
    April 17, 2020
  3. Fred Stein said:
    Love it: AMATA? The invincible AMATA. based on undeniable truths.

    Gene said, Apple is investing for the 5/10/15 years. OMG YES !!!! Apple stands head and shoulders above any entity in the world with the will and means to do it. Tim Cook’s unshakable support of his employees in hard times puts Apple ahead in yet one more category.

    4
    April 17, 2020
  4. Gregg Thurman said:
    Gene’s comment about Hall’s AAPL downgrade is priceless.

    4
    April 17, 2020
  5. Robert Paul Leitao said:
    In my view, Apple’s valuation is driven not by what’s occurring this quarter, next quarter or this fiscal year. The company has immense resources to maintain its investment in critical and strategic infrastructure, product R&D and manufacturing logistics.

    Yes. I believe Mr. Hall’s downgrade is short-sighted at best. Apple’s short-term pain may lead to a near-decade of competitive gain.

    Attempting to value Apple on a short-term quarterly or annual basis is like trying to capture a fast-moving enterprise object with a 1970s-era polaroid camera. The outcome will be blurry at best. One can’t apply a classic demand model to an enterprise that is obsessed with inventory management and is focused on product enhancements two and three iterations from what is available today.

    Apple will arrive at the end of this pandemic in a strategically stronger position with the resources necessary to deliver new products and services, continue to develop current products and services while acquiring the technologies needed to maintain its global leadership five and ten years from today.

    3
    April 17, 2020
    • Dan Scropos said:
      Your post truly reminds me of a profound lesson a young Wayne Gretzky learned— “Skate to where the puck is going, not where it has been.”

      1
      April 17, 2020
  6. Kirk DeBernardi said:
    Your take: Tesla? Really?

    My take: Tesla. Really.

    0
    April 17, 2020
    • Jacob Feenstra said:
      Half a year ago I advised a friend of mine against putting money into TSLA. I now much regret that. I’m with you Kirk: Tesla. Really.

      They are like Amazon some years ago: not making profit but growing like mad. TSLA is a growth stock. Also, technologically they are so advanced that it will take the competition years to catch up. Many years ago one of Apple’s previous core team leaders said of him (after Jobs had been kicked out of Apple): Don’t ever bet against Jobs. I would say the same counts for Musk. Remember what Buffett said about Amazon: We missed it! (So did I. I didn’t understand growth stocks then—thought it was all about profit.)

      On Tesla, I wish someone would start a Tesla 1.0.

      1
      April 17, 2020
      • Jonny Tilney said:
        They have, but like yesterday, none of us are are smart enough to spot which one that is!

        0
        April 18, 2020

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