Oso planning to go pro
This I would agree with, but a company with that much capital is going to do big things again. If you got in 2010, you did 171%. Along the way, the stock split, the dividends rolled and the value per share exploded. Timing is everything. Yes, it's taken a hit the last two weeks, I know I'm not bailing. Tons of money, buying back stocks, increasing the dividend 10%, they will invest in new technologies and\or buy out successful companies if need be.
I don't think Apple has ever "invested in new technologies" or "buy out successful companies." Apple's DNA is all about creating new products - Mac, iPod, iTunes, iPhone, iPad, etc. Products that use technology to innovate. The watch was a failure. Where is that next product?
With all due respect, they have probably acquired 50 to 100 companies over the years. I worked with these guys extensively last two years while in the OTT space.
Ancient history as that all stop in 2012. They have done nothing since. No new products (save the bust of the watch and music) and only wishful thinking that they have something coming.Need to show Tim Cook the door. He is the male version of Marissa Meyer (Yahoo CEO).
OF COURSE YOU HAVE!!!!
Initially many hoped something called "iTV" was coming and that would revolutionize the TV industry. never happened and is not happening. (Note this is not the same thing as the "me too" Apple TV which competes with Roku, Tivo, Sling, etc.)Now the hope is "iCar" is coming ... they will wow the world with an electric car, probably self-driving.If they do this, $250 stock. If not, $75.
And what post would that be?
http://www.muscoop.com/index.php?topic=48239.0Among numerous "Disney is doomed" posts within that thread, you said on Feb. 9:Disney reported record earnings and profits largely because of the monster money made off Star Wars. Disney profits topped $1 billion in Q4 2015 for the first time ever. Disney profits blew away analyst forecasts.So what is the stock doing? It is getting crushed! Down 6% or $5 and under $87 for the first time since late 2014. It is down more than 25% since November 20th. Why? The death star pull of ESPN is so great that not even a billion dollar quarter can stop it from crushing Disney.You also quoted your hedge fund boyfriend Kass saying this on Feb. 10:I remain short Disney despite its recent fall to $89 a share, but I am down to tag ends.Given that DIS has gone up 18% in the 10 weeks since, I hope Kass' minions, clients and butt-kissers have enjoyed that short.
You neglected all the posts from November when it was $120 that said the same thing.http://www.muscoop.com/index.php?topic=48239.msg778507#msg778507And from August when the stock was coming off $122 when this thread was startedhttp://www.muscoop.com/index.php?topic=48239.msg747514#msg747514
OK. But did or did not your man Kass say it was a great short at $89? And by trumpeting that article, were you or were you not endorsing that view? You also called it dead money - when it was in the $80s. I sure wish I had a bunch of dead-money investments that gained 15-20% in 10 weeks' time!Don't worry, Heisy, you don't have to say it. We all know you have trouble admitting you were wrong.Anyway, this post wasn't about DIS, it's about AAPL. All I said was that if this AAPL call is as correct as the DIS call was when it was priced in the $80s, maybe this bearish AAPL call is a buy signal.Of course, none of us really can know if AAPL will go up or down, either short-term or long-term. Just as none of us really knew that about DIS.What some of us CAN do is pretend to know ... about this and pretty much everything else.
Apple mergers and acquisitions.....yup, I was write. Between 50 and 100. Closer to 100.78 thus farhttps://en.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_AppleIt's what they do....then slap an Apple logo on it. Don't get me wrong, they do a lot of R&D internally and have churned out great products. End of the day, however, it is often cheaper to buy someone else's tech and that's typically what we do on the tech side. It's what we did at DIRECTV. It's what we did at Disney. It's what others have done for many years. Let someone else make the mistakes, see who survives, then buy them.
But the market is telling us that all this R&D is a waste of time and resources. That is why is has been a terrible investment since the last Jobs influenced product was released (iPhone5).Restated, Tim Cook and Jony Ive (Chief Design Officer) are not earning their pay because they have done nothing but create a failed music service, a failed watch and merely upgraded existing products.
All investments are relative. If one calls something dead money for years, that means a majority of other options will be better. Not whether it will be above or below the price on that date. The relative metric everyone uses is the S&P 500 and its that company's industry sector, for Disney that is consumer discretionary (con des).On August 4 Disney announced huge subscriber losses at ESPN. It annihilated it's stock (which was at $122). To be clear, this is not an arbitrary date. This is the date that Disney let it be known that ESPN is hemorrhaging subscribers, a significant event. ESPN is 40% of Disney's revenues.August 4, 2015 to February 9, 2016(total return, including dividends)Disney Stock = -23.65%S&P 500 = -10.48%Con Des Index= -13.75%%So relative to the S&P 500, Disney was crushed. This includes the release of Star Wars, the highest grossing movie ever. It did nothing to stop the bleeding ... Because Disney should change it's ticker symbol from DIS to ESPN so everyone understands what matters.You are correct that I called it dead money for years on February 10, in addition to saying other bearish things about it for months before. So what happened after that statement (using the day before close)Feb 9, 2016 to April 29(total return, including dividends)Disney Stock = +11.85%S&P 500 = +12.03%Con Des Index= +15.93%So yes Disney rebounded since February 10. But so has the overall market. And yet Disney could not keep up with the overall market. This is the very definition of dead money. First it tears you a new one. Then it cannot outperform the overall market on a rebound.Next up for Disney, May 10 ... its release date for Q2 earnings. Ignore all the stuff about movies and theme parks, how many people canceled ESPN is all that matters.
I'll just leave this right here:https://en.m.wikipedia.org/wiki/Efficient-market_hypothesis
Next up for Disney, May 10 ... its release date for Q2 earnings. Ignore all the stuff about movies and theme parks, how many people canceled ESPN is all that matters.
Such short term thinking.Hulu announced on Friday that ESPN will now be part of their services. AT&T is launching OTT services later this year with ESPN a major part of it. As I told you months ago, they will be picking up subscribers in other areas.
I am extremely interested to see how the ESPN thing plays out with Hulu.
It will likely be a skinny (industry term) that will require a$35 to $45 per month service with limited concurrent streams...which for you would be fine. Family of 3+, not so much.We had some meetings with Hulu last week, they said they were working on some new things so this is likely it.One thing I think Disney will demand are tighter piracy controls, but we shall see.