At Samsung / S. Korea's secret Economic Warfare Ministry S. Korea's Prime Minister and Samsung's Chairman congratulated each other on: a. S. KOREA's STRATEGY of keeping its Currency artificially low, and b. getting the American Taxpayer Chumps to pay $40 billion a year costs of defending S. Korea/Samsung from the Communist North. Samsung's Chairman was particularly laughing at the American Chumps paying $40 billion a year keeping our own troops in S. Korea (saving S. Korea from a big military expense) long after the Korean War ended, And since Samsung keeps its costs in making TVs...etc. real low setting up its assembly factories in Communist Countries such as Vietnam anyway.
Sony's Retirees, their huge army of former "Salarymen" are what's pulling down Sony. Apple and Samsung don't have army of Retirees. Apple just pays a Chinese Contract Manuf. plant, it pays employees, and incurs no future Pension or HealthCare retirement costs. Sony should spin out all its Retirees into a new company and put its TV and Computer Division as Security for the Pensions. That will save the company.
I was shocked to read this on Wikipedia. They get preferential treatment over other Americans. I first read about this cause Billionaire Hedge Fund owners like Paulson, were moving to Puerto Rico to also not have to pay Fed. Income Taxes on their Capital Gains.
good then they have high margins, and in cheap labor Asia they were refurbished to be in pretty good shape, and were such high quality that they last and last.
A Wall St. Journal (Dow Jones News) article pre-market today, mentioned Apple as 1 of 4 "defensive stocks", given its price, PE, dividend and alot of cash on the balance sheet. The other stocks mentioned included Cisco. Perhaps Apple is somewhat of a defensive stock, but it may also be a growth stock come later this year.
A prominent article I think WSJ today, mentions that Portfolio Mngrs. are changing to more Defensive Stocks this year. Stocks with alot of Cash, Dividends, that didn't go up alot with the Speculative Market rise of last year. They mentioned Deere, Caterpillar, Cisco and Apple. I agree Apple has some aspects of Defensive Stock, but later this year once Mobile Payments and larger iPHONE6 are rolled out, I believe we'll see more rapid growth of about 10 - 20% in revenues. Also Apple's 64 Bit Processor is a huge advantage, with only 2 Cores its still alot more computing power than everyone else's 32 Bit 4 and 8 core processors. Imagin when Apple goes to 4 core 64 Bit this Fall....
Think about it, Apple has $159 billion net cash or cash equivalents. Interest rates going up in Emerg.Markets. Apple can now lend those governments at higher rates of return for Apple. A WIn-Win situation.
Oh you mean Cook's Trick, he now repeated in 2014 Jan. earns. report same as he did in 2013, of giving Neg. Guidance for the next quarter and so knocking down Apple's Stock, and then Apple (i.e. in effect the Apple Insiders) were able to scoop up more shares of Apple cheaper? Last year all the Apple shares they scooped up by the Buybacks from $390 to $480 were worth alot more by year-end.
have you noticed Obaama's people never want to really leave the USA and go back to Africa to find their roots? they only go on trips. They never want to really leave the USA, because they have it TOO GOOD HERE. Where else in the world can the majority live fine, with cars and often free or government subsidized housing and without working or working much? 70% of Sharptonites / Jesse Jackson's people, collect at least some welfare or income support type benefits from Government to pay towards costs of raising their Children, for at least part of the childrens' lives. In Africa, they'd have to work hard and pay to raise their own Children.
All Talk and NO ACTION. News last week was that Zsa Zsa Gabor lost $10 million to MADOFF. Her Husband Prince Von Arnhault (or whatever the phoney prince's name is) said "If he was in NY he'd take a baseball bat to Madoff's head !). Well, why can't Von Arnhault get on a plane from California and pick up a Louiseville Slugger. All the Jiuws Madoff ripped off would cheer him on . (Except Madoff is now in N. Carolina Fed. Prison, right?)
$500 was the most popular price for both buying Calls and Puts. And they're being WIPED out if it closes at about $500. The Market Makers and some big Hedge Funds of course Sell the Options. This can't again be coincidental.
The day after the Deal Announced, new News, LENOVO can't meet its Cash Obligations on the Purchase, has gone back to GOOG asking for "deferred payment" on a lot of the purchase price. Lenovo's Balance Sheet is WEAK, even before what it has to pay GOOG to buy MONEY LOSING -$1.5Bn. Loss Motorola. Motorola may yet bring Lenovo down. Mot's losses are more than Lenovo's profits.
what a nut. Even the worst companies in worst Bear Markets of past 50 years (1974 Oil Embargo, 2001 Arab 911 attack and Tech=Wreck Market, 1982 Recession the Fed Volcker raised Interest Rates on Mortgages...etc. to as high as 14%) the PEs never got below almost twice that for the lousy companies. Long-Term avg. PE of large US Companies is 15. In a Bear Market 11 or 12.
Yesterday's News is: Apple Beat on Sales and EarnsPerShare, also Beat on MACs and IPADs sold, but was light in total numbers of iPhones sold (though sold more of the pricier 5S than expected so Avg. Apple Phone Selling Price moved up $60 to $636), and Apple's Growth in Phone sales slowing. TOMMOROW's NEWS: a. iWATCH, the Sapphire Factory starts up in Feb. b. Mobile Payments Coming, no-one has more of the pieces including over 600 million credit card numbers on file as Apple has, and the Fingerprint Scanner and iBEACON already there. Cook said it as strongly as he could that its coming. c. Larger Phone on the way sometime this year. d. Mid-Priced Phone for China or India, Apple can do it anytime it wants.
Wait 4 days, get your dividend. No-one Can predict where the stock will be then. Jan. was a down month for Stock Market and worse for Apple. Things may mend come Feb.