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I understand that HTML5 will do the same thing as Adobe Flash.  RIMM is moving to HTML5.  My two cents from a technical idiot.

 

RE: Iphone 4S - I tried a friend's SIRI the other night and it works incredibly well.  A giant leap forward in voice recognition.  We asked for the market cap of Linked In.  It googled that and delivered the answer to us.  Then one of us said:  "What about Netfliix?"  The system contextualized this in relation to the first question and gave us the Market cap of Netflix.  Two different voices.  Mighty impressive.  I hope they migrate the app to the IPAD2 soon.  I still think AAPL is fairly to overvalued though.

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I understand that HTML5 will do the same thing as Adobe Flash.  RIMM is moving to HTML5.  My two cents from a technical idiot.

 

RE: Iphone 4S - I tried a friend's SIRI the other night and it works incredibly well. 

Al your friend may have been one of the luckier ones.

 

There was a video on - Market Watch I think - they were talking about the dissatisfaction with that service and the guy right in the middle of the video/interview was asking Siri questions and the replies were nothing related - it was actually kind of funny seeing them do it live.

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Guest valueInv

I understand that HTML5 will do the same thing as Adobe Flash.  RIMM is moving to HTML5.  My two cents from a technical idiot.

 

RE: Iphone 4S - I tried a friend's SIRI the other night and it works incredibly well.  A giant leap forward in voice recognition.  We asked for the market cap of Linked In.  It googled that and delivered the answer to us.  Then one of us said:  "What about Netfliix?"  The system contextualized this in relation to the first question and gave us the Market cap of Netflix.  Two different voices.  Mighty impressive.  I hope they migrate the app to the IPAD2 soon.  I still think AAPL is fairly to overvalued though.

 

RIMM plans to continue with its own version of Flash:

http://www.pcmag.com/article2/0,2817,2396171,00.asp#fbid=zRumLGnGrFd

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I understand that HTML5 will do the same thing as Adobe Flash.  RIMM is moving to HTML5.  My two cents from a technical idiot.

 

RE: Iphone 4S - I tried a friend's SIRI the other night and it works incredibly well. 

Al your friend may have been one of the luckier ones.

 

There was a video on - Market Watch I think - they were talking about the dissatisfaction with that service and the guy right in the middle of the video/interview was asking Siri questions and the replies were nothing related - it was actually kind of funny seeing them do it live.

 

It's been working very, very well for making calls for me.  I just say "call Foo" and it hasn't messed up yet.  There is a learning curve for other stuff--it's not *really* natural yet.  But it's a lot closer than anything else has gotten so far.

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Siri is designed to respond to specific commands, not to answer every single question. It is outstanding for things like scheduling appointments and making calls.' For some reason, people are executing it to be like Watson and are disappointed that it can't do everything.

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Guest valueInv

Siri is designed to respond to specific commands, not to answer single question. It is outstanding for things like scheduling appointments and making calls.' For some reason, people are executing it to be like Watson and are disappointed that it can't do everything.

 

Here's how Siri is designed:

 

http://www.quora.com/Siri-product/Why-is-Siri-important?__snids__=28204880%2C27763186%2C27461575#ans778959-ans788281-ans801950

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Any logic behind the recent decline in AAPL beyond just all the momentum traders selling just because other people are selling?  Ii know there's some speculation about the Kindle Fire eating into iPad sales, but it sounds like they are selling every iPhone4s they can produce. Trading only 13x earnings and 9x conservative estimates.

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Probable Thailand supply problems:

 

http://blogs.marketwatch.com/thetell/2011/11/14/ipad-overdue-for-a-price-cut/?mod=google_news_blog

 

I find the fact that iPad prices haven't been cut yet very interesting.  Also, they can release a low storage (8GB) wifi only iPad for prices substantially less than the original and not hurt our margins.

 

 

There's a better article going into much more detail about the Goldman note from yesterday somewhere but I can't find it.

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Dont own any AAPL. Have bought a lot of different apple products.

 

Was at the mall on Saturday. The Apple Store was packed. There was a 150ft line of people outside the store. I asked "Is that the line to get in the store?" They said "No, that's the line up of people that want to buy the iphone today"

 

It was the busiest most packed store by far.

 

By the way, for what its worth, it did not feel like we were in a recession-lots of people out shopping + buying.

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Probable Thailand supply problems:

 

http://blogs.marketwatch.com/thetell/2011/11/14/ipad-overdue-for-a-price-cut/?mod=google_news_blog

 

I find the fact that iPad prices haven't been cut yet very interesting.  Also, they can release a low storage (8GB) wifi only iPad for prices substantially less than the original and not hurt our margins.

 

 

There's a better article going into much more detail about the Goldman note from yesterday somewhere but I can't find it.

 

The iPad was competitively priced right out of the gates. Competitors were having trouble matching the price until recently.

 

Since Apple had  experience with the iPhone, they knew where the right price points were. The iPhone was the first of its kind for Apple so it took them a couple of tries to get the price right.

 

If I am not mistaken, the iPad has lower margins than the iPhone. I wouldn't expect a price cut but better price segmentation. I'm guessing that they'll continue to sell the original version of the iPad for a pretty big discount once they release the iPad 3. The newer devices will maintain the higher price points. They're using this strategy for the iPhone and it seems to be working well.

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  • 4 weeks later...

http://online.wsj.com/article/SB10001424052970204124204577152503598025844.html

 

Eastman Kodak Co. filed patent lawsuits Tuesday against Apple Inc. and HTC Corp. as the struggling imaging company continued trying to mine its intellectual-property portfolio for much-needed cash.

 

Kodak also shook up its business structure, realigning itself into two units that will absorb parts of its shrinking film operations as well as the new printing technologies on which it is pinning its hopes for the future. Kodak said in a statement Tuesday that the changes, effective Jan. 1, would save money and hasten its turnaround efforts.

 

The company's shares were up 50% at 60 cents in 4 p.m. trading Tuesday on the New York Stock Exchange.

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Kodak has become a joke and has resorted to suing companies because they can't figure out any other ways to try to generate cash.

 

You're right and unfortunately that business model isn't confined to Kodak. See TIVO.

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David Einhorn on Apple at the CIMA conference

 

-trades at a low multiple because historically investing in high multiple hardware cos ends up bad

-Apple creates recurring revenue streams by getting customers to adopt platform. iPod > iPhone > iPad > iTV (you start with one and typically buy the others)

-Once a customer, very likely to renew

-Every 2 years people buy a new device, so like an annuity

-Reality: apple is a high growth company at low multiple

 

On valuation:

-TV potential is being ascribed no value

-Trades at 390 ex-cash, should earn 45, so 8 P/E

-grew revs at 70%

-iPad, iPhone penetration still ongoing

-Large margin for error in value destruction

-No crazy M&A so far, R&D spending is controlled

-Hidden potential: they might revolutionize TV and create new device with high margins

-Don't need TV for Apple to be cheap right now.

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David Einhorn on Apple at the CIMA conference

 

-trades at a low multiple because historically investing in high multiple hardware cos ends up bad

-Apple creates recurring revenue streams by getting customers to adopt platform. iPod > iPhone > iPad > iTV (you start with one and typically buy the others)

-Once a customer, very likely to renew

-Every 2 years people buy a new device, so like an annuity

-Reality: apple is a high growth company at low multiple

 

On valuation:

-TV potential is being ascribed no value

-Trades at 390 ex-cash, should earn 45, so 8 P/E

-grew revs at 70%

-iPad, iPhone penetration still ongoing

-Large margin for error in value destruction

-No crazy M&A so far, R&D spending is controlled

-Hidden potential: they might revolutionize TV and create new device with high margins

-Don't need TV for Apple to be cheap right now.

 

I'd like to see how Steve Jobs cracked it. Bring on iTV

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