Author Topic: AAPL - Apple Inc.  (Read 1448297 times)

adventurer

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Re: AAPL - Apple Inc.
« Reply #6660 on: February 05, 2019, 10:34:45 AM »
I must say, that I'm gradually developing a perception of the whole situation with AAPL and its earnings miss for AAPL 2019Q1 variant to the perception in general expressed here in this topic on CoBF.

I'll not at this stage express it in a tangible way, because I'm not convinced yet - I still need to trawl through some highly valuable and much appreciated posts by gfc [<- at least to me] in the Berkshire forum about market regulation for and related to buybacks.

I'll just post a non-rethoric question here, and my personal [so far] interim answer here:

Q: What would be worse than an earnings miss?

My personal A: An earnings miss, combined with a following SEC investigation into AAPL, based on suspicion/allegations of improper & non-timely handling of price sensitive information to the market.

- - - o 0 o - - -

Attached is a screen shot of the buyback info from AAPL 2019Q1 in the 10-Q and a comparison of the information in the 8-K profit warning of the actual and later released 10-Q. What does that make you think has been going on inside AAPL in the last quarter of the calendar year 2018?

I don`t fully understand why you assume an investigation by the SEC?


johnny

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Re: AAPL - Apple Inc.
« Reply #6661 on: February 05, 2019, 02:20:27 PM »
I'd count Angela Ahrendts as another poorly considered hundred-million dollar acquisition that has done essentially nothing for the company.

gfp

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Re: AAPL - Apple Inc.
« Reply #6662 on: February 05, 2019, 02:55:17 PM »
I have zero idea what she did or didn't accomplish for the company and its retail business - but she certainly was expensive!

I'd count Angela Ahrendts as another poorly considered hundred-million dollar acquisition that has done essentially nothing for the company.

johnny

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Re: AAPL - Apple Inc.
« Reply #6663 on: February 05, 2019, 04:28:46 PM »
It always struck me as a bizzare, vanity-driven (and maybe political/optic-guided) decision. You took somebody who was used to generating maybe (~6 million per store??) in low-traffic sales with absolutely no post-sales support burden and put them into an operation that is maybe 10x larger by store revenue, 20x larger by total sales, probably 100x larger by store traffic, and is essentially 50% a tech-support operation by headcount.

It's a bit unfair to simply observe that the Apple Store reputation for "good service" has been diminished greatly over the past 5+ years. I mean, it's obviously true, but to some extent it would have required almost magical execution to hold the line on that reputation in the facte of significant sales growth and increasing product-line diversity/complexity. But that said, I don't think there's a single positive thing that can be said about the Angela period of the retail operation, except that it provided them with the Presentation Diversity they are so transparently thirsty for.

The fact that the replacement is being filled by the head of HR is not especially promising, but whatever.
« Last Edit: February 06, 2019, 03:40:34 AM by johnny »

DooDiligence

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Re: AAPL - Apple Inc.
« Reply #6664 on: February 06, 2019, 03:25:26 AM »
It always struck me as a bizzare, vanity-driven (and maybe political/optic-guided) decision. You took somebody who was used to generating maybe (~6 million per store??) in low-traffic sales with absolutely no post-sales support burden and put them into an operation that is maybe 10x larger by store revenuem, 20x larger by total sales, probably 100x larger by body count, and is essentially 50% a tech-support operation by headcount.

It's a bit unfair to simply observe that the Apple Store reputation for "good service" has been diminished greatly over the past 5+ years. I mean, it's obviously true, but to some extent it would have required almost magical execution to hold the line on that reputation in the fact of significant sales growth and increasing product-line diversity/complexity. But that said, I don't think there's a single positive thing that can be said about the Angela period of the retail operation, except that it provided them with the Presentation Diversity they are so transparently thirsty for.

The fact that the replacement is being filled by the head of HR is not especially promising, but whatever.

She added in store coat racks.
Healthcare 37.4% - CVS DVA EW NVO // BRK.B - 20.4% // Media & Communication 12.4% - CHTR DIS

Drinkers & Smokers 13.1% - ABEV MO // Auto's & Oil 14.5% - CLB GPC VDE // Tech 2.1% - AAPL

%'s held @ MV 04/5/2019 minus $$$

i trumpet my ignorance

https://twitter.com/tunawish

johnny

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Re: AAPL - Apple Inc.
« Reply #6665 on: February 18, 2019, 10:57:12 AM »
Quote
Apple has also trimmed 200 staffers from its autonomous-vehicle project, and is redirecting much of the engineering resources in its services business, led by Eddy Cue, into efforts around Hollywood programming.

It delights me to imagine 200 LIDAR nerds being reassigned to cold-calling 10,000 actresses for Eddie Cue to have lunch with.

johnny

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Re: AAPL - Apple Inc.
« Reply #6666 on: March 04, 2019, 06:02:12 AM »
https://apple.news/AxcCO2fIxSdKnXa-fULkuGA

Just your weekly reminder to stop “backing out the cash” on your AAPL valuations. We already have nine-digits worth of content that should be written down to 0. More to come.

Liberty

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Re: AAPL - Apple Inc.
« Reply #6667 on: March 13, 2019, 09:37:51 AM »
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

Liberty

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Re: AAPL - Apple Inc.
« Reply #6668 on: March 15, 2019, 09:57:32 AM »
Good new privacy-focused ad, trying to lean on this differentiation:

https://youtu.be/A_6uV9A12ok
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen

Liberty

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Re: AAPL - Apple Inc.
« Reply #6669 on: March 16, 2019, 05:19:07 PM »
Phil Schiller, one of the most influential Apple Executives, was a guest on this week's ATP podcast:

http://atp.fm/episodes/317
"Most haystacks don't even have a needle." |  I'm on Twitter  | This podcast episode is a must-listen