this company's turn-around didn't happen in 2013, despite all the hype out of CNBC, and trying to trash Apple. GRIMM / BBRY went further in the toilet SALES DOWN 56%, LOSS WAY UP to over $4 billion. the only good news is they have no bond financing so don't need to go bankrupt yet, they have another $2.3 billion cash to burn thru still.
Remember? The CNBC Shills (Kass and the others) were pushing BBRY when it was $13 a share, claiming its new models would take back share from AAPL. And they were calling Apple the new BBRY / RIM. what a bunch of b.s. artists. And they did this while their hedge fund buddies were shorting Apple, remember? Why doesn't the SEC investigate this? BBRY's the real dog, losing $2 billion in the past 1 - 2 years, and it only has $3.5 billion market cap left, and only $2 billion cash left. WHEN's THE BBRY BANKRUPTCY?
right, based on a supposed confidential source inside Ch.Mobile. How come the Press and stockbrokerage reports are allowed to engage in Stock Manipulation, and get away with it? After a false report is printed, and affects a stock's price, the writer should be questioned by the SEC as to which Hedge Fund he's shilling for.
go look at my posts last 2 weeks. I pointed out No China Mobile Deal on Dec. 17. No deal till early 2014, say in Feb., when Apple may wish to start lowering price of the 5C phone anyway. Why lower prices before Christmas on the 5C, and when Apple had to ramp up production of the 5S for Holiday demand anyway?
Dirtier is JP MorganChase Bank, which is negotiating a $2 billion fine, to be paid to Obama's Socialist Government to avoid Prosecution for its role in the MADOFF PONZI FRAUD. JP Morgan Chase, like the Kennedys is above prosecution.
we've already covered this, but thanks for bringing it up again. Bozos' Amazon looks to grab more market share by keeping its prices lower, and never making a profit. As soon as Amazon makes a profit, it will have a Real PE, and people will realize its crazily valued, and the stock will drop like a stone in water. Bozos' Amazon's total Positive Cash-Flow since going public in 1996 is LESS THAN what Apple has made in one quarter. Amazon is therefore a worthless what's called in VC Land "LIVING DEAD COMPANY", its alive but makes not positive cash-flow, ever.
Not as overpriced as AMZN or FB or LinkedIn or MSFT. MSFT is the real bizarre one, no growth, second-rate products, business model charging Operating System Software to its Clone Windows Customers, sucking profits out of them, causing their decline. MSFT should have a much much lower PE Valuation.
probably, and without Ch. Mobile
that's what I've been saying a while now, Not until 2014. Feb. 2014 is when it makes sense. Now it makes no sense, with Apple having to meet Christmas Season Demand in the West, Apple has no extra phones now anyway to ship to China. Far better to announce the New Deal for China after the New Year.
Most micks are not geniuses (even though they seem it next to Obamites)... all they know how to do is extort big pensions from the Public by their government jobs. But lets focus on CHINA MOBILE: NO CHINA MOBILE DEAL TILL FEB. 2014, my guess.
It makes no sense NOW. Apple's too busy filling Christmas season orders now. Remember when the iPHONE4 was introduced in USA, and it wasn't sold in China until Feb. the next year. Same here, repeat.
Anyone who bought $555 or $560 calls last week got wiped out. Now its pre-market in that range.
What deal, you mean China Mobile? Look at it this way: When the deal with Japan's DoCoMo happened, the market at first didn't think it was such a big deal. But then by this month December, the news came rolling in that with Japan's largest seller of wireless service also getting on board selling Apple, Apple catapulted to over 50% market share of Japan in smartphones. Chinese are poorer than Japanese on average so Apple won't get 50-70% market share in China, but even if 1/10th the % of Chinese buy iPHONEs when sold thru China Mobile, its still alot more new buyers than Japan's entire unit number sales of iPHONES. Apple makes huge profits in Japan now and will be same or more in China. Not to worry.
Becauser Liberal and drunk Ted Kennedy in late 1960s, pushed a law thru the Senate that allowed 3rd World countries' poor people to flood into USA.