I emailed the dopes over at Goldman, UBS, Canaccord, CS and B of A to let them know ;)
Thanks for the informative post. As GTAT continues its ascend you see the pessimist and haters try to disclaim any good news. I'll take my chances go longs
byRamin Edmond on April 22, 2014, 3:29 pm EDT
Apple partners said they put no stock in a report that the company will hold off on delaying a large-screen iPhone 6 to compete with the Samsung Galaxy line.
The Taiwanese news site "Commercial Times" reported that Apple may hold off on releasing an iPhone 6 with a 5.5-inch screen, which would rival the Samsung Galaxy line because developers can’t come up with a battery to fit in the phone’s 2-mm casing.
"My opinion is we'll see larger-screen iPhones come this fall,” said Raul De Arriz, national government sales manager for Small Dog Electronics, Waitsfield, Vt., one of the top Apple specialists in the country. "That's the next step for the Apple iPhone, and that's what will happen."
[Related: Apple Misses Wall Street's iPhone Sales Forecast, Shares Hammered ]
De Arriz said he believes if Apple has an issue with battery size the company will simply make the casing thicker for the iPhone 6 with the 5.5 inch screen.
"The third iPad had a thicker casing than the previous iPads for the same reason, so I expect that if there is a problem shrinking the battery, there will be a thicker casing," he said. “I expect that batteries will not cause a holdup. I don’t give credence to a lot of rumors going back and forth."
De Arriz also said he is confident that the new Apple iPhone 6 will be a much better product than the Samsung Galaxy, which is based on the multitasking features of the upcoming iOS 8. “Apple will do well against Samsung," he said. "The true strength of iPhone is not just based on the build. It is also based on the software. The software features on iPhone are improving. Apple's mantra is to do it right, and that will continue with iOS8.”
Michael Oh, CEO of Tech Superpowers, a Boston-based Apple solution provider with an office in London, said he does not expect a battery issue to delay the iPhone 6.
"Apple's product release schedules are very specific," said Oh. "If they need something delivered by a certain day, they push as hard as they possibly can to find solutions to these problems, with few exceptions."
No matter what happens with the battery issue, Oh believes that Apple will release an iPhone 6 that wins over customers. "They are going to address what is a market need," Oh said. "How many people have chosen not to buy an iPhone because of the screen size alone? That is a very difficult question to answer. [My customers] have never really come to me and said, 'If only Apple made a 5.5-inch version of the iPhone.’"
PUBLISHED APRIL 22, 2014
Everyone has to do what they think is best for their money. But you might want to put just a little bit in GTAT. Just for kicks. Being too safe can be very,very boring. Whatever you want to say about GTAT, it's not boring. That's probable why you come over here so much. Because the longs here are pretty bad #$%$.
To give you something to think about, rather than the "rah rah" posters that dominate this board.
To enlighten you about the facts surrounding sapphire vs Gorilla Glass that are not posted here, only occasionally.
Not anti-GTAT, just a realist. For every dollar I have to invest LONG TERM, I choose GLW. Nothing personal, just my preference in a highly diversified, international high-tech company in Corning.
I'll take my 2% dividend every quarter, along with PPS hitting $100 plus a few years down the road.
Again, I do not see GTAT as a competitor, unless they start producing large screen displays for TV's OLED's, fiber optic cable, diesel/gas filters and health sciences products. Corning is also half owner of Dow/Corning which owns Hemlock that produces the highest quality poly-silicon products for the solar industry.
Nice to not have all my eggs in one basket (Apple), but rather a diversified portfolio in one stock.
Good luck to you, as I think aggressive investing in speculative companies can be highly rewarding.
I'm curious. If you see the fire that generates all this smoke without mirrors, will you buy stock in GTAT? Or do you want GTAT to fail so much that you will let a great opportunity slip through your hands? If half of what I think will happen, happens, GTAT's price should fly. Just curious.
Unscratchable yes. Shatterproof, not so much. Just don't drop your phone. Heavy, very much so. Expensive, check. Poor light, requiring high battery power....check.
Can you say speculation? Sure, I knew you could.....
Until then, you should just short the tar out of GTAT - and stay short. Don't even think about covering if this goes up, because you know deep down they don't have a business going forward. .
Once the Apple hope/smoke and mirrors speculation comes to fruition, I see it settling at $10 to end the year.
Talk about putting all your eggs in one basket. Sheesh.....
Make that $10 Billion in sales for 2014, along with a $2 EPS.
Help me out, what is EPS for 2014 for GTAT? Oh, that's right......pure speculation and hope. Sound familiar? Hope........