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Wall Street Breakfast: Must-Know Newsby SA Editor Rachael Granby- Bank trio becomes duo. Wells Fargo (WFC) will become the largest U.S. bank by branches with its bid for Wachovia (WB), after Citigroup (C) withdrew from compromise negotiations late yesterday on concerns about the quality of some of Wachovia's assets. Wells Fargo, with a bid valued at $11.4B, expects the purchase to be completed by the end of the year, and denies it will have to absorb assets shakier than originally thought.
- Government considers next steps. As the financial crisis continues to worsen, the U.S. government is considering two dramatic steps to turn around, or at least slow, the damage: guaranteeing billions of dollars in bank debt and temporarily insuring all U.S. bank deposits. The moves, which would mark the government's most extensive intervention to date, are in discussion stages only.
- Credit stays frozen. As frozen credit markets refuse to thaw, the cost of default protection on corporate bonds reaches new global records amid investor concerns the credit crisis will trigger corporate failures as companies struggle to finance their businesses. Interbank lending remains limited, and borrowing from the Fed's expanded discount window continued its trend of setting new highs every week, as the total daily average rose to $420.2B vs. $367.8B last week.
- Oil demand withers. The International Energy Agency warned Friday worldwide oil demand...
- The Macro View -SampleSeeking Alpha - The Macro ViewMarket Outlook
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
Oil Price- Oil Below $75: Increased Chance of OPEC Production Cuts by Money Morning
- Oil Down 48% from Highs by Bespoke Investment Group
- Oil & Gas Headed Lower as Economy Strikes Consumers by Michael Filloon
Economy- Long Term, Financials Look Good by Michael Filloon
- Round 3 of the Recession: Main Street by Paul Fekula
- Reality Bites As Stocks Continue To Collapse by The Mole
- Investing Ideas -SampleSeeking Alpha - Investing IdeasCramer's Picks
- Farewell Financial Bear Raids - Cramer's Mad Money (10/14/08) by SA Editor Joan Wickham
- Better Picks - Cramer's Lightning Round (10/14/08) by SA Editor Joan Wickham
- Perhaps Industrials... Cramer's Stop Trading! (10/14/08) by SA Editor Joan Wickham
Long Ideas- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- The Long Case for Encore Capital by Value Investor Insight
- 2009: The Year of the Channel for SaaS Vendors? by Jeff Kaplan
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
- Market Behaves Sanely - Fast Money Recap (10/14/08) by SA Editor Joan Wickham
Short Ideas- Why Short Sellers Are the Heroes of Wall Street by Investment U
- Salesforce.com: Pricey and Coming Down Fast by Charlie Bottle
- Google: 3Q Results Reveal Chinks in the Armor by Mark Krieger
- Jim Cramer's Picks -SampleBetter Choices - Cramer's Lightning Round (10/15/08)by SA Editor Rachael GranbyStocks discussed in the lightning round session of Jim Cramers Mad Money TV program,
Wednesday, October 15.Bullish Calls:Continental Resources (CLR) -- "This is a remarkable decline. All of the high quality ones are down so much, I can't go against it. This is where you pull the trigger.
3M (MMM) -- The moment this stock starts yielding 5%, I'm a buyer. Until then, keep your powder dry.Bearish Calls:Computer Sciences (CSC) -- This is a company that was going to be bought, but they passed up the chance. Now I don't want to buy it."Email continues...
Annaly Mortgage (NLY) -- I think this is a business model that needs to borrow money. Definitively do not buy."
Northrop Grumman (NOC) -- You can't own the defense stocks right now. If I had to own one, I'd look at Lockheed Martin (LMT) with its good dividend. - Stocks & Sectors -SampleSeeking Alpha - Stocks & SectorsInternet
- eBay: Q3 Looks Good but Q4 Guidance Disappoints by Greg Feirman
- Is Google Feeling Lucky? by Sam Gustin
- Why Today Could Suck for Tech by Kevin Maney
Media- A Triple Financial Whammy Afflicts Newspapers by Ken Doctor
- Three Years On, Buying MySpace Looks Like One of Murdoch's Smartest Bets by Erick Schonfeld
- How Will Arbitron Fare in This Market? by Sreeni Meka
Telecom- Ten Ways to Invest in Louisiana by Stockerblog
- Earnings Preview: Electro-Optical Engineering by theflyonthewall.com
- Shared Docks Via WiFi All the Rage by Dean Bubley
Financial- Switzerland Strengthens Its Banks; Short Interest Remains Low by Jessica Johnson
- Reality Bites As Stocks Continue To Collapse by The Mole
- LIBOR Shows Worst Is Yet to Come for Credit Markets by Keith Fitz-Gerald
- Global Markets -SampleSeeking Alpha - Global MarketsChina
- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- USANA Health Sciences Inc. Q3 2008 Earnings Call Transcript
- Perfect World Announces Share Repurchase Program by Trader Mark
- China: Hot Money Inflows Down, Nervousness Up by Michael Pettis
India- Indian Economy Has Much to Cheer About by Equitymaster
- India: RBI Cuts Cash Reserve Ratio by Equitymaster
- India: Markets Continue Downward by Equitymaster
Japan- Sanyo Enters Thin-Film Market, Goes Up Against Sharp by Greentech Media
Asia- Four International Dividend Stocks to Watch by David Hunkar
Eastern Europe- Reality Bites As Stocks Continue To Collapse by The Mole
- Alternative Energy Investing -SampleSeeking Alpha - Alternative EnergyAlternative Energy
- Seven Stocks for an Impending Apocalypse by H.J. Huneycutt
- Solar Shares Under Pressure From Credit Crunch and Pricing by Eric Savitz
- Trina Solar Looks Good, Though Market Yawns by Trader Mark
- The Electric Car Market: Wise Energy Use Stocks by Tom Konrad
- Investing in the Power of the Sea
- ETF Daily -SampleSeeking Alpha - ETF DailySector ETFs
- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Utilities Beginning to Generate Interest for Longs by Joe Kunkle
- Two Global Infrastructure Investment Opportunities in ETFs by Investment U
New ETFs- First Trust Launches Infrastructure ETF with Global Reach by Index Universe
- Overview and Analysis of the Global Generic Drug Industry by Mike Havrilla
Emerging Market ETFs- Brazil Is the Best of BRIC by Carl T. Delfeld
- Playing the Market in Difficult Times by Jason Hamlin
- The Daily Dispatch -SampleSeeking Alpha - Daily DispatchWall Street Breakfast
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
US Market- An Outcry from Emerging and Developed Markets Alike by Jonathan O'Shaughnessy
- Wall Street Breakfast: Must-Know News by SA Editor Rachael Granby
Housing & Real Estate- Too Early To Buy Homebuilders ETF by Larry MacDonald
- Another 'Root Cause' That Isn't: Tumbling Home Prices by Tim Iacono
Transcripts- TrueBlue, Inc. Q3 2008 Earnings Call Transcript
- Polycom, Inc. Q3 2008 Earnings Call Transcript
ETF- Too Early To Buy Homebuilders ETF by Larry MacDonald
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Latest Comments95 Comments
Apple Could Crush Competitors With a $99 iPhone
Yes, the carriers pay Apple that price, then THEY mark it down to $200 and hope to recover the difference via the subscription fees over the life of the contract, and customer retention, and customer aquistion from rivals.
So, IF THE CARRIERS WANTED TO, they could "make the iPhone $99" tomorrow morning.
Why do these morons write financial articles when they don't have a CLUE about the underlying assumptions they seem to think are so brilliant?
Sam, get a real job where you MIGHT have some expertise, I hear McDonalds is looking for burger flippers right now.....
Apple’s Guiding Light
Anyway, here is the REAL numbers as released by AAPL to show what they would have been without the subscription accounting forced on them by the government.
NOTE: -> They REALLY "made" $2.69 per diluted share, MUCH MORE than the reported $1.26. This means that in a complete financial hellhole, an economy that is tanking......they BEAT THE STREET by ...
DRUMROLL HERE...... 142% !
And that money is RIGHT NOW all in the bank, meaning they will have a built in cushion over the next eight quarters come what may, AND they now have over $24 BILLION in the bank for whatever needs come up.
Here is the complete chart:
i38.tinypic.com/2emn15...
Apple Reduces iPhone Planned Builds, Suppliers Could Suffer
Trouble Still Lies Ahead for Tech Sector
Currency fluctuations affect TECH firms!! Who wudda thunk?
Come on, there is zIp new in that, and when was that NOT the case.
A whole lotta no news, spun into breaking wind.
NEXT!
Apple's Biggest Rumor: iPod or Jobs?
Apple's Problems - Bad to the Core?
Therein lies the truth.
Trolling for hits here?
Whenever you have new products...OR ... old products. Some will have problems, some won't last, some will need replaced.
Contrast the LOVE that consumers have with APPL, to the FUD you are spewing in this article. Do you REALLY think that people would be this passionate about Fords, or Dells? No. People know that they are cheap crap, and they live with the problems, KNOWING that they bought cheap crap.
With Apple, they expect PERFECTION, and when that doesn't happen, they bitch and BITCH and MOAN.
Eventually the problems are fixed, replaced, or repaird.
And they BUY THE NEXT Apple product, some even standing in lines to do so.
Then they have the FUN of bitching AGAIN that the newest product or service isn't PERFECT.
See, they expect PERFECT, with the DELLS and HP's, they expect crap.
If you cannot reconcile your whinefest with this, you have written an article without honest merits.
>>>>Apple still tops the ACSI’s customer satisfaction survey — ten points higher than closest competitor, Dell. And sales are robust.<<<<...
That is really the be all, and end all, isn't it?
When To 'Believe the Hype' of a New Product
Apple did NOT "hype" the original iPhone, when asked what premarketing approach Apple had for the phone, Steve Jobs answered "We had NONE."
Same with the new iPhone.
ZERO, hyping. In fact, there is hardly a company around that goes to such massive lengths to ASSURE THAT there will be NO advance information on a product prior to it's release.
So, the title is misleading, and the article is PURE SHAM where the author is either clueless, or trolling for hits.
On Short-Sellers and Dishonest Executives
One would be hard pressed to believe your expertise as a "shorter" and praise of that flavor of "investing" would leave you ignorant of the naked shorting problems.
So, where was the discussion of THAT HUGE MARKET MANIPULATION?
Apple: Dow Jones Mulls the iPhone
Will Erik become a cheerleader with the rest of the Fanboyz? { ... or maybe stop listening to certain unnamed "anal"-ists? }
Yes, Virginia, there really IS a Santa Clause in Cupertino!
Why GM Should Embrace Bankruptcy
More properly, that should be called a 75% value decrease, not 300%.
Apple: BMO Capital Raises Estimates on Strong Mac Sales
seekingalpha.com/user/...
Apple Hires Segway's CTO
TOTALLY negative, on all points, at all times on APPL. Must work for RIMM.
seekingalpha.com/user/...
Apple Hires Segway's CTO
Economics 101.
Signs of a TOPPING, *shares* are highly in demand, overstepping the actual growth of the firms economics.
Economics 102.
Signs of a market shift. *PRODUCT* cannot meet overwhelming demand real live customers panicking trying to BUY, BUY, BUY.
Methinks you flunked Elementary Economics.
... or you were short and just had visions of your nest egg going poof.
Bernstein Raises Apple's Target on Higher iPhone Forecast
To actually predict a "TARGET" for a stock forcasting ONE YEAR ahead that it made the SAME DAY of the prediction!
One for the HALL OF FAME FOR THE BLINDINGLY OBVIOUS!
Toni-Toni-Toni
{ Eric, whatever the reason, your flogging of this anal-ist, has gone from interesting, to amusing, to PATHETIC now....}
A Real iPhone Challenger - Barron's
The more the "hounds" are chasing Apple, the more the boyz in Cupertino have to ACCELERATE things.
If they lose a few sales to the "hounds' GREAT, make Jobs and Ives SWEAT a little I say!
{ disclosure: long 2600 shrs AAPL }