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Guest wellmont

I look at the chart and see Android at the top in every country. It's lucky for me as a shareholder that market share does not matter that much to shareholder returns.

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Guest valueInv

I look at the chart and see Android at the top in every country. It's lucky for me as a shareholder that market share does not matter that much to shareholder returns.

And why would it even matter?

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Icahn Presses Apple for $150 Billion Buyback

 

http://online.wsj.com/article/SB10001424052702304373104579109222124261640.html?mod=WSJ_business_whatsNews

 

Investor Carl Icahn said he is pressing Apple Inc. AAPL +1.92% to more than double its stock buyback plans to $150 billion, following a meeting with Tim Cook, the tech giant's chief executive.

 

"Had a cordial dinner with Tim last night. We pushed hard for a 150 billion buyback. We decided to continue dialogue in about three weeks," Mr. Icahn wrote on Twitter at 10:23 a.m. EDT in a message that was confirmed by his company as authentic.

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Just to speculate, I find it interesting that they will be talking again in three weeks - after fiscal Q4 results have been released. Makes sense to me that Apple announces they have purchased a bunch more shares and perhaps even increasing the buyback total amount moving forward; likely in conjunction with another bond issuance. Carl will not get everything he wants ($150 billion) but likely more than they have announced to date.

 

One big question I had at the start of the year was how to value all the cash on Apple's balance sheet. Most companies waste it on overpriced aquisitions or buy back overvalued shares. I love that Apple is moving aggressively to buy back stock at under $500/share. I think their capital management skills are underappreciated.

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Guest valueInv

Bezos highly recommends that his execs read The Innovator's Solution by Clayton Christensen. 

 

See http://www.farnamstreetblog.com/2013/10/jeff-bezos-read-these-books/

 

Makes sense, and I think it demonstrates how forward thinking the guy is and what's in store for the handset and OS market (commoditization).

 

Yeah, that's why Apple priced the 5c at $500+.

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Guest valueInv

Looks like they've opened up a whole new world with iBeacon:

 

http://stevecheney.com/how-apple-ibeacon-will-transform-local-commerce/

 

So apart from this, they've introduced:

 

- The first touch-based fingerprint sensor and have taken the lead in security

- Introduced the first 64-bit phone and have taken the lead in performance

- Introduced the iOS interface for the car

- Introduced the motion co-processor

- Did a massive update of their OS

 

Not bad for resting on their laurels  ;)

 

And the gold iPhone doesn't seem to be doing bad either.

 

 

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Samsung seems to have been caught cheating on benchmarks

 

http://arstechnica.com/gadgets/2013/10/galaxy-note-3s-benchmarking-adjustments-inflate-scores-by-up-to-20/

 

Update:

 

Also, I think we've just seen the beginning of gaming on Apple platforms. Stuff like this if well implemented can help

 

http://www.macrumors.com/2013/10/01/image-of-potential-logitech-mfi-controller-leaked/

 

But i still think there's a good chance that a future Apple TV will be more powerful (especially GPU) and be compatible with gaming controllers - ideally a standard one designed by Apple - entering the console market (if someone can do a better job than microsoft and sony, it's Apple) on top of all the other things the APple TV can do.

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Guest valueInv

Looks like they've opened up a whole new world with iBeacon:

 

http://stevecheney.com/how-apple-ibeacon-will-transform-local-commerce/

 

So apart from this, they've introduced:

 

- The first touch-based fingerprint sensor and have taken the lead in security

- Introduced the first 64-bit phone and have taken the lead in performance

- Introduced the iOS interface for the car

- Introduced the motion co-processor

- Did a massive update of their OS

 

Not bad for resting on their laurels  ;)

 

And the gold iPhone doesn't seem to be doing bad either.

 

Oops, I forgot, they took the lead on gaming too with the new APIs:

 

http://www.macrumors.com/2013/10/01/image-of-potential-logitech-mfi-controller-leaked/

 

Thanks, Liberty.

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Guest wellmont

big dividend and buyback checks start to get cut shortly after tim hears from wall street hedge fund titans. I suspect they would still be hoarding cash had they not gone public with their ownership concerns. as a fellow shareholder I am happy that tim is dining with Carl.

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big dividend and buyback checks start to get cut shortly after tim hears from wall street hedge fund titans. I suspect they would still be hoarding cash had they not gone public with their ownership concerns. as a fellow shareholder I am happy that tim is dining with Carl.

 

You realize that they started returning cash to shareholders over a year ago, before David Einhorn started whining about "iPrefs"?

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Not sure I understand the point here.  I read the article and all I can glean is that the author wants us to use the term "obsoletive" instead of "disruptive" for some specific new market scenarios.  I guess that based on a third party's profile of Clayton Christensen the author has come to the conclusion that disruption specifically refers to a cheaper and inferior product displacing an established product.  Since the iPhone doesn't fit this scenario, we are supposed to use this new term "obsoletive".

 

Did I miss something deeper?

 

Obsoletive isn't a word.  But then I guess stratechery isn't, either...

 

 

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Guest valueInv

 

Not sure I understand the point here.  I read the article and all I can glean is that the author wants us to use the term "obsoletive" instead of "disruptive" for some specific new market scenarios.  I guess that based on a third party's profile of Clayton Christensen the author has come to the conclusion that disruption specifically refers to a cheaper and inferior product displacing an established product.  Since the iPhone doesn't fit this scenario, we are supposed to use this new term "obsoletive".

 

Did I miss something deeper?

 

Obsoletive isn't a word.  But then I guess stratechery isn't, either...

The point of the article is that it doesn't fit Christensen's model of disruption. So he's using a new word to differentiate between what Apple did and what Christensen decribes. AFAIK, Christensen also coined a new term - "disruptive innovation".

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Guest valueInv

 

I wonder if they can sell TVs via Carrier subsidies the way they do smartphones. They could probably get Telcos to compete with cable. People pay monthly charges for cable anyways....

 

For mobile, there was no path to market without operators. For TV's there is,

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