Category Archives: Apple

Stock Bull & Bear Traps Galore

The S&P500 could not hold the 50-day moving average today, setting, yet again, a nice bull trap to hang out the MoMo crowd.  Seeing a lot more traps, both bull and bear,  these days.  It is the result of the … Continue reading

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Apple Reports Solid Earnings, But…

Key Takeaways Revenues up 16 percent – It amazes us that a company so large can grow earnings at 16 percent y/y. China Revenues up 21 percent –  This compares to down 14 percent in Q2 2017.  Worries unwarranted unless … Continue reading

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What To Watch In The Apple Release

Ahh, the good old days of trading billions of dollars in Apple stock. Apple Getting Too Big The company has almost become a utility due to its sheer size. Apple’s relatively small recurring revenue stream (some argue iPhone upgrades are … Continue reading

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iPhone Demand Sparks New Worries For Apple | CNBC

Thought tax cuts were going to lead us to the new economic Shangri-La? Random thought:  We hear much about how the corporate tax cut has changed the game for profits.   Isn’t this just the government jumping into the financial engineering … Continue reading

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China’s Other Nuclear Option

Sorry to be such a downer, folks. We have to stress test the macro scenarios versus current market conditions by looking at worst case events, then calculating expected values based on the most likely probabilities. Especially after such a huge … Continue reading

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Apple Double-Digit Revenue Growth Continues

Even global macro jockeys must monitor the world’s largest company. Amazing that an $850 billion market cap company can still grow y/y revenues at 13 percent. Just for some scale perspective, Apple’s quarterly revenues exceed the GDP of almost 70 … Continue reading

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Apple Beats – What Else Is New?

Stunning revenue growth, 12 percent y/y, for an almost $900 billion market cap company.  Aren’t these big guys supposed to grow like… err, um…utilities? Services continue to rip, up 34 percent y/y, and now equivalent to almost 30 percent of revenues … Continue reading

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Apple’s Revenue Growth

Interesting revenue makeup from Apple’s earnings release. Overall revenue up 7 percent y/y;  iPhone revenue up 3 percent y/y;  and the only negative is a 10 percent y/y decline in China – sixth straight quarter down in the country.   Tim … Continue reading

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Boeing 787 Dreamliner = Globalization

Interesting graphic below illustrating the outsourcing of Boeing’s 787 Dreamliner as President Trump touted his “buy American” mantra today as he stood in front of the airplane at the Boeing’s South Carolina plant. “We want products made by our workers … Continue reading

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Apple’s Revenue Breakdown

Apple’s stock was up over 6 percent today.  Here is the breakdown by region and product.  Note, the continued decline in China and the 18 percent increase in services, which the market is all lathered up about.

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