I can't believe you guys take that stuff seriously anymore. I like to catch icahn's interviews just to see how much crazier his hair has gotten. that is all. he never mentions nuance on cnbc. By the time he does you can bet we're not down here in the teens still... imo
ps- Mr. Icahn all respect, Sir
lol, deal is officially off. Maybe I'll buy back some abbv shares this week? Would rather buy them back a few dollars cheaper though. how much is the deal termination fee?
"the apple watch is merely an overpriced watch since everyone will still have their cellphone in hand..."
...or they will have their cellphone in their pocket. or their purse. or in a backpack while on the go. or on the backseat while you're driving. Or on the kitchen counter while you're cooking dinner.
It's still more than just a watch, people. I personally dislike apple, but I've been excited since they introduced their watch. Once apple sheep adopt the wrist device, it's officially mainstream.
Apple should buy will's wearables business as a 'talent acquisition.' Since they will never buy nuance. heh
Will seems to have a better grasp of what consumers want in a wrist device than apple does. His looks cooler than apple's watch too
Peso - the only reason I haven't bought a wrist device yet is because I'm cheap. I still have my galaxy s3 and it still works well. But before the new year I will be buying the galaxy s5 and the gear watch to go with it. Can't wait!
ahhhhhhh hehehe shire deal may fall through now. If it does I may buy back some shares in abbv. If they back out of this deal it will be with their tail between their legs! tsk tsk.
I know, right? I was laughing about that today myself. If you look closely skyworks, nxp looks a lot closer to swks than mchp. Plus, no real disappointments from intel tonight. They mostly beat on the Q and they guided higher than forward estimates.
microchip. those idiots believing the hype they are bellweathers of chip cycle gave us all a nervous weekend..
MCHP, just admit you have no edge and business is bad! Don't drag the whole industry into your lackluster showing. lol
People thinking of microchips as a commodity drenched, highly cyclical industry are a bit archaic. They are in almost everything these days and that is still expanding exponentially. One can actually be highly 'diversified' if they carefully invest in a wide swath of chip businesses focusing in different areas (which are growing and have an edge over competitors). Is there still a cyclical nature to the chip business, in general? For sure. But instead of the large super cycle of the past, I think we are going to see smaller sub cycles in different areas of the sector going forward.
I understand they have exposure to china. Any diversified chip producer does. But not only does nxpi have premium product lines which buck the cyclical trends, their commodity products (where exposure to china is of most concern) have recently gotten cheaper as US firms like microchip tech's products have gotten more expensive (rising dollar, falling euro/yuan)
It's nice to see GT airing apple's dirty laundry in public. I have never liked apple. I hate how they treat their customers (overcharging, locking them in to the ecosystem) and have always found apple's dealings with their suppliers to be distasteful at best. Its great to see gt handling this so publicly. They are calling apple out on their underhanded business practices. it is great invn has won significant Apple business. I just hope they don't let Apple walk all over them. The only good business deal, one that will last, is a fair deal. Thankfully invensense business is well diversified. Apple can't bully us like they can with other suppliers.
"GT believes that it has many claims against Apple arising out of its business relationship with Apple," the company said in a filing with the U.S. Bankruptcy Court in Manchester, New Hampshire."
"GT Advanced reached an agreement with Apple last year to transform itself from a supplier of sapphire furnaces to a manufacturer of sapphire for Apple. The iPad maker provided $578 million in funding for the Arizona plant, and GT Advanced agreed to repay the money over five years, starting in 2015. The first sign of trouble came in September when Apple indicated its iPhone 6 would use rival Gorilla Glass instead of sapphire material. GT Advanced asked the bankruptcy court to end 13 contracts with Apple, including a confidentiality agreement that has forced the bankruptcy to be conducted with unusual secrecy."
I agree with your sentiment guys. just because nxp's appliance chip sales may be weak this quarter doesn't mean much! they are in so many hot areas it's not even funny, except I had to chuckle buying shares at $56 today :)
opal, we've gone over this so many times. A or B. If not A, then B.....
A. Icahn is working with the board and management from within, via his two members, to some kind of positive end. SInce most of us are holding at stock prices lower than Icahn, this positive end would be also positive to us.
B. If 'a' doesn't work, then Icahn resigns his board members thus breaking the standstill agreement freeing him to wage a proxy battle. A consortium of other shareholders vote their shares with Icahn to oust the board. With Icahn's star power it won't be hard to drum up support. It's no secret what's been going on with ricci and the board...
need I remind you of how close the vote on compensation was on the last proxy???????? Three million votes. That's a narrow margin.
The Sargon Portfolio (a designated portfolio of assets co-managed by Brett Icahn and David Schechter within the private investment funds comprising Icahn Enterprises’ Investment segment, subject to the supervision and control of Carl Icahn) has generated annualized gross returns of 36.5% since its formation on April 1, 2010 through September 30, 2014 with $6.6 billion of assets under management as of September 30, 2014. We believe this performance speaks for itself with respect to our expertise.