Philip Elmer-DeWitt on Apple closed at $273.81 for Christmas. Look who's underwater now - 'Good catch! Thanks. Corrected.'
on Apple closed at $273.81 for Christmas. Look who's underwater now - '@PED on the 21st you posted Mr. Moffett has a price target on the shares of $234. Not much of a difference, but it’s a step up from the bottom at the bottom of the list.'
on Tim Cook likes his Nikes - 'Merry Christmas. Like you, I enjoy the Southern California weather Or an indication that Nike has, or is going to enter into an advertising agreement with AppleTV (spatial video sports)? I wouldn’t classify that as insider trading, as anybody that’s paying attention could see a powerful connection between Apple’s acquisition of sports streaming rights, AppleTV and Apple Vision Pro. By the time the above kicks in this purchase will be old news.'
on Tim Cook likes his Nikes - '@Robert: I haven’t tried any of Lamb Weston’s products. But they do have quite a variety of potato items beyond just french fries. Still staying with NVIDIA. This back and forth with them being able to sell chips to China could wind up being quite an added benefit to revenues and earnings if it finally gets approved. Icing on the cake as they say. That will be a good horse race between NVIDIA and Broadcom. Much like “Seabiscuit and War Admiral.” I had followed Broadcom back before they split 10 for 1. Probably should have taken a small position at that time. But I’m reluctant to sell any Apple. Just using their dividends to keep diversifying amongst companies that fall out of favor but are still quite profitable. The best of both worlds. I might pull the trigger on Clorox if it drops a bit further. A quality company with a dividend that’s pretty safe as a consumer staple. Merry Christmas. Like you, I enjoy the Southern California weather as I don’t even like seeing snowflakes on weather updates from the rest of the country. Stay dry.'
on Apple: Et tu Brazil? - 'It’s easier than that: just highlight the word and select “Look Up” in the resulting popup menu.'
on Apple closed at $273.81 for Christmas. Look who's underwater now - 'Notwithstanding all the issues with analysts, I think there re way too few “under water” this time. We need that Santa Clause rally! (Even if I never believed in Santa! 🙁 ) (Maybe this is my punishment .)'
on Tim Cook likes his Nikes - 'Or perhaps it’s just Cook buying goodwill with Nike? $3m is not exactly breaking his bank account. Cook did as much with Trump with his inauguration … , why not with your partners. I say it’s strategic. It may not make him an amazing return, but he won’t loose on it. (Happy whatever’s, at this time of the season)'
on Premarket: Apple is red (U.S. markets close at 1 p.m.) - '@Michael Goldfeder – Glad you took the time to watch the video and enjoyed it. My older son told me about John Gruber and Daring Fireball many years ago and I’m constantly pleased by the informative and interesting posts I read on that site. I agree with you about the Apple Haters and was glad to watch Quinn Nelson’s video because folks leaving Apple has been so much in (negative) focus recently. And thanks for the encouragement to keep posting on SA…your encouragement partially cancels the dismay shown by my younger son and wife with regards to my ongoing attempt to correct people on the internet who are wrong about AAPL/Apple. 🙂'
on Apple closed at $273.81 for Christmas. Look who's underwater now - 'With the exception of Raymond James’ Pajjuri, all of those “rectal samples” date to September or later. We can certainly laugh at Tim Long, and more importantly ask, “Why is this person still employed by a reputable firm?”'
on A win for Apple and Google in Texas online child safety ruling - 'I like your definition better than mine'
on Tim Cook likes his Nikes - 'From purely a personal point of view, not as an investor, but as someone who uses the products – my opinion about Nike is that they’ve completely dropped the ball. As a comparison, many decades ago, long before I owned Apple stock, I was an early Mac user, and so was very familiar with Apple products, and their company philosophy. Did this influence me later, to invest heavily in Apple? You bet it did. Because I understood exactly what they were offering. My personal experience with Nike is similar, except that I never invested in their stock. For many years, I bought their running shoes, and in fact, later loved the Nike ID program. Which allowed you to specify the exact colors, for every facet of a specific shoe – then have it made to order and shipped to your front door, with the policy of being able to return it no questions asked. Plus superior Air Max technology with extra cushioning which I needed because I have flat feet. What’s happened over the last decade, is that all of that has gone to hell. There product design went from great to mediocre, their ID choices became very limited, and the Nike shoe technology became irrelevant – because there is so much competition out there with similar, if not better design and cushioning. It seemed as if they just didn’t want customers like me anymore. As an investment, I think more important, Nike has a lot more competition now with superior products at lower prices. So not only did they lose me as a customer because the design of their products aren’t that compelling anymore, but I think that they don’t really have much of an advantage – other than maybe their very recognized brand name from their glory days when famous athletes were admired for wearing their logo. Arguably, Apple is suffering for something similar, in that they don’t offer products anymore that a lot of the users like me really want. Like iMacs with larger monitors, an Apple branded Wi-Fi, the walk-in genius bars that you didn’t need an appointment for, and the free third-party software presentations all day long in the Apple store auditoriums – that they used to have all the time, but don’t anymore. I learned all about how to use software by going there for an afternoon – just watching free demonstrations. It was really wonderful back then. Not anymore. Apple and Nike are not what they used to be. The big difference between Apple and Nike, is at Apple they can still pull new technology and features out of a hat at any given moment, which can really drive sales. As an investment, I don’t know why anyone would want to buy Nike stock except maybe they’re waiting for sort of a dead cat bounce. Pardon my skepticism, but I used to go out of my way to buy new Nikes, but now look elsewhere. I can’t imagine doing that with Apple… yet. Though, I would really love to buy a new Mac desktop – I just don’t like what they’re offering now. My hope is that will change.'
