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Apple Inc. Message Board

quorum007 97 posts  |  Last Activity: 5 hours ago Member since: Oct 13, 2008
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  • Reply to

    Data on what 2 GB iPhones Mean

    by quorum007 18 hours ago
    quorum007 quorum007 5 hours ago Flag

    But Apple is not going to go for all of their demand with one supplier.. To risky. what happens of plant has yield issues or a fire etc etc.

    Sentiment: Strong Buy

  • Reply to

    Data on what 2 GB iPhones Mean

    by quorum007 18 hours ago
    quorum007 quorum007 6 hours ago Flag

    No matter who you listen to or read the idea that MORE demand for DRAM is bad for MU--or any other supplier--is nonsense. Apple needed more memory so they turned to Samsung for PART of the increase. Note Samsung has no new plant to supply THIS immediate increase in demand. So MU and others will get business from Samsung customers that are turned away because SAMSUNG wants to supply Apple.

    I imagine Apple can bargain for very good prices so it is conceivable that MU prices will get a boost.

    Sentiment: Strong Buy

  • Lots more demand:
    http://blogs.barrons.com/techtraderdaily/2014/08/28/hynix-fret-not-samsung-threat-apple-must-buy-lots-of-ram-says-credit-suisse/?mod=yahoobarrons&ru=yahoo

    Sentiment: Strong Buy

  • Reply to

    Russ Fisher

    by bobforaps Aug 26, 2014 9:56 AM
    quorum007 quorum007 Aug 27, 2014 2:49 PM Flag

    Of course INTC has had a run, perhaps its run for the year. Maybe the catalyst for bigger growth is now with MU.

    Sentiment: Strong Buy

  • Reply to

    Bottom-line earning next week

    by stocker10912 Aug 21, 2014 9:52 AM
    quorum007 quorum007 Aug 26, 2014 4:02 PM Flag

    Perhaps earnings gave this a bump the last couple days or perhaps buyout rumours again which drove it into the $4.50's recently

    Sentiment: Buy

  • Reply to

    iphone/MU

    by kpwoodward Aug 25, 2014 10:21 PM
    quorum007 quorum007 Aug 26, 2014 1:54 AM Flag

    Apple doesn't want to help Samsung but they need memory, lots and lots of it. All articles I see say MU is also a supplier, Hynix too. No way Apple goes with one supplier. To risky.

    The need to have Samsung DRAM back in he fold says to me the new iPhones will have 2 GB of DRAM. That is good for MU.

    Sentiment: Strong Buy

  • quorum007 by quorum007 Aug 19, 2014 6:55 PM Flag

    6:55 AM 8/19/2014 - StreetInsider
    Needham & Company analyst Rajvindra Gill reiterated a Strong Buy rating and $50 price target on Micron Technology (NASDAQ: MU) following a series of investor meetings on the West Coast with MU's Director of Investor Relations (Ivan Donaldson).
    Gill commented, "Stock has fallen ~10% from its peak on 7/16 ($34.64) on what we believe are exaggerated concerns that Samsung and MU are building new DRAM capacity and that the industry would return to the period of excess supply characterized in the past. We believe these concerns are a fundamental misreading of the dynamics occurring in the industry and ones we think are predictable every time there are headlines that one of the three major suppliers is either adding supply or increasing capex."
    He added, "From our meetings, we noted several positive near-term takeaways as well favorable long-term trends that reinforced our thesis: 1) in the 2H14, DRAM supply growth is set to actually decelerate sequentially; 2) overall memory ASP pricing is set to increase in 2H14 driven by better PC DRAM pricing and stabilizing NAND pricing; 3) Samsung is adding capacity on Line 17 fab to offset wafer loss from process node shrinks and will actually see a net reduction in wafer capacity next year; 4) GMs could expand 10pts driven primarily by improving NAND margins; 5) L-T DRAM year-over-year supply growth will be structurally lower than in the past at around low-20s; & 6) server and mobile represent the fastest growth engines for MU."

    Sentiment: Strong Buy

  • From Page 59 of Presentation
    August 6, 2014

    =============================
    Review Return of Capital Policy Annually

    FY 2016 and Beyond:

    * Maintain target capital structure
    * Possible uses of excess capital:
    ** Dilution management
    ** Stock repurchases
    ** Dividends

    =============================
    Personally I am not in favor of stock buyback but dividends are ok but I would prefer the cash be used to lower costs and increase revenue. Your needs may have different wants.

    Sentiment: Strong Buy

  • Reply to

    Presentation at Analyst Conference VERY impressive!

    by hg1939 Aug 5, 2014 10:06 PM
    quorum007 quorum007 Aug 5, 2014 11:09 PM Flag

    http://investors.micron.com/

    Sentiment: Strong Buy

  • Reply to

    MU is a $50 stock in a year.

    by blsh1990 Aug 3, 2014 3:27 PM
    quorum007 quorum007 Aug 3, 2014 11:06 PM Flag

    I would say $50 in 12 months is 50-50 right now. The current quarter will tell us more.

    Sentiment: Strong Buy

  • quorum007 quorum007 Aug 2, 2014 5:51 PM Flag

    Not clear to me what differentiates them from other suppliers or that what they have isn't relatively easy to duplicate if needed.

    Sentiment: Sell

  • 7/15/2014
    121,751,101 shares

    Sentiment: Strong Buy

  • Reply to

    Mu hires Steve from Intel

    by annakioske Jul 24, 2014 11:19 PM
    quorum007 quorum007 Jul 25, 2014 1:59 PM Flag

    Doubt that INTC has sent a mole into MU as they already have a partnership with them. It does say that this INTC exec probably knows that MU has changed and wants to get into a rising star with stock options. Stock appreciation outlook for MU is probably greater than for INTC over the next 5 years.

    With some analysts saying MU is worth $60 a $55 price would be a non-starter.

    Sentiment: Strong Buy

  • MU, July 24, 2014

    http://finance.yahoo.com/news/long-term-support-seen-micron-152821321.html

    By Chris McKhann

    A large trader is looking for current levels in Micron Technologies to hold up in the long term.
    A block of 5,000 January 2016 35 puts was sold for $6.75 on the bid side of a wide bid/ask spread. The previous open interest was 857, so this is clearly a new position.

    The put seller is looking for MU to stay above $35 through expiration in early 2016. The trader also takes on the risk of having to buy shares if they remain below the strike, for an effective price of $28.25 once the credit from the put sale is subtracted. (See our Education section)

    MU is up 1.16 percent to $34.07 this morning and are up almost 200 percent from a year ago. The memory-chip maker hit a multi-year high of $34.85 last week.

    Sentiment: Strong Buy

  • Reply to

    Is the MU paint dry yet?

    by rickyao2045 Jul 23, 2014 11:48 AM
    quorum007 quorum007 Jul 23, 2014 11:16 PM Flag

    Cramer is now in the entertainment business. He keeps his by never displeasing anyone for long. He has consistently pumped MU and after a time then dumps on it. Then the he reverses his story and tone and we go around again.

    It is a game and he is a pretty good showman.

    Sentiment: Strong Buy

  • quorum007 by quorum007 Jul 22, 2014 2:30 PM Flag

    Micron's current quarter will be complete in about 6 weeks. I imagine we will get the report announced in early October. I wonder if the options will tell us a story.

    Sentiment: Strong Buy

  • Reply to

    Apple, Inotera, dram shortage

    by bobforaps Jul 22, 2014 7:15 AM
    quorum007 quorum007 Jul 22, 2014 2:16 PM Flag

    I imagine that someone has calculated an estimate for Apple's share of the total DRAM and total NAND market but I don't have it. Certainly should be significant.

    Sentiment: Strong Buy

  • SanDisk -12.8% as Street debates supply, margins; Micron -3.9% • 1:54 PM

    SanDisk's (NASDAQ:SNDK) soft Q2 gross margin stems from a "strategic decision" to supply Apple with a huge volume of embedded NAND flash and SSDs at lower margins, observes Susquehanna. Susquehanna, RBC, and others are defending SanDisk's move, arguing the near-term pain is worth the long-term benefit of a strong relationship with Apple.
    The company's below-consensus Q3 guidance is chalked up to supply constraints for 19nm NAND flash parts amid healthy demand from OEMs (likely including Apple) and enterprise SSD clients.
    SanDisk stated on its CC (transcript) it now expects its 2014 bit supply growth to be at the low end of a prior 25%-35% guidance range due to the constraints. Industry supply growth is still expected to total 40%.
    Needham (Buy) thinks SanDisk will ramp 19nm capacity in Q4, and expects a mix shift towards embedded NAND and SSDs to boost margins long-term. Morgan Stanley (Equal-Weight) isn't as enthusiastic. "We expected 14% Q/Q bit growth, 6% ASP declines, and 3% cost declines; instead they did 31% bit growth, 16% ASP declines, and 12% cost declines."
    Micron (NASDAQ:MU) continues following SanDisk lower. Needham recommends buying on the weakness.

    Sentiment: Strong Buy

  • Reply to

    Falling AH because of SNDK

    by leroy_buffett Jul 16, 2014 4:11 PM
    quorum007 quorum007 Jul 16, 2014 9:05 PM Flag

    SNDK can fix their margin issue with a price increase if demand is truly high.

    Sentiment: Strong Buy

  • Reply to

    Falling AH because of SNDK

    by leroy_buffett Jul 16, 2014 4:11 PM
    quorum007 quorum007 Jul 16, 2014 4:36 PM Flag

    From Seeking Alpha:

    SanDisk -7.1% AH due to margin drop; Micron -2.4% • 4:25 PM

    Though SanDisk (NASDAQ:SNDK) beat Q2 estimates, its gross margin fell to 48% from 51% in Q1. It remained above a year-ago level of 47%. Also: Q2 EPS benefited from $257M in share repurchases, a sizable increase from Q1 levels.
    Street expectations were high following a 53% YTD gain, an upbeat May investor day, and general optimism about NAND flash pricing.
    GAAP opex +21% Y/Y to $343M. Ahead of the Fusion-io deal, SSD solutions (higher-margin) made up 29% of revenue vs. 16% a year ago.
    Micron (NASDAQ:MU), which has also been on a tear, is following SanDisk lower.
    CC at 5PM ET, guidance should be provided.

    Sentiment: Strong Buy

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