Weekend Updates - Archive

  • Posted: 16 June 2012 01:42 AM #31

    See Mac Book Pro Retina Display ads tonight.

    Quite a few of them

         
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    Posted: 16 June 2012 02:00 AM #32

    lovemyipad - 16 June 2012 03:32 AM
    Mav - 16 June 2012 02:31 AM
    lovemyipad - 16 June 2012 02:08 AM

    I see $700 post-JUL’12 earnings.  But I’m not holding those calls that long. :D

    On what basis?  Not technicals, I’d imagine.

    Hey, if you see even AAPL 702 post Jul 12 earnings… wink

    No, technicals are more like 750-ish by 7/20/12…but who wants to trust a bunch of squiggly lines?! wink  Plus, I don’t forecast…I only make WAGs. :D


    P.S. Actually NOT a squiggly line, but a STRAIGHT line…weekly trendline.  Top of the (current and unbroken) ascending channel points there.

    I hear awfully little table-pounding for a 700+ technicals indication in 6-8 weeks…

    Don’t get me wrong, my portfolio will be plenty happy with 700+.  I personally will be more than happy with 650 at any point before earnings.  One step at a time.

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    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 16 June 2012 02:03 AM #33

    Mercel - 16 June 2012 01:30 AM
    lovemyipad - 15 June 2012 09:25 PM

    This week I kept sane by legging bull put spreads for JUL’12.  I’m usually out of JUL’12 positions by now, and I was…until recently.  But all this annoying range-roving—miles and miles of pacing the same tired ground—works well for legging in and out.

    And I must confess…I bought AUG’12 700 calls today.  Unhedged even! :D

    I see $700 in Sept., possibly $750 in Oct.

    :-o  

    Dang, you folks are uber bulls!  Isn’t anyone just a wee bit worried about those Greeks? I’m expecting a big fat middle finger from them on Sun. That said, I’m still holding my biggest LONG position for the last 3 months. Long term (8+ months) I see great opportunity. Near term ........  ?????

      cheers everyone
        JohnG

         
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    Posted: 16 June 2012 02:08 AM #34

    You’re hilarious, johnG.

    If the Greeks vote “the wrong way” (that which causes the most pain for everyone else):

    http://www.youtube.com/watch?v=tZQTizNku08

    No, that’s not it, more like *My Sharona guitar riff*  DEBT CONTAGION!

    8+ months out isn’t long-term enough in the worst case scenarios.  Oh sure, the markets could rally now that Greek uncertainty is over with respect to the Euro.  But then everything that follows takes center stage.  Volatility is sure to follow.

    [ Edited: 16 June 2012 02:10 AM by Mav ]

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.

         
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    Posted: 16 June 2012 02:10 AM #35

    Mercel - 16 June 2012 02:19 AM

    The Apple Store was mobbed on a Friday evening, many crowding the table graced by six MacBook Pro Retina Displays. 

    I received my MBP Retina today.  First impressions:

    1.  Pages look like magazine-published copy.  The text, even when scaled, are very sharp.
    2.  Very fast (I opted for 16GB of RAM with the 2.6Mhz processor)
    3.  There is less glare, but a matte display has even less.
    4.  Noticeably lighter, right between the MPA 13 and the MBP 15
    5.  Excel will display slightly more screen real estate than a high res. 17” MBP
    6.  The hinge has been reworked, and I believe this one tilts further back
    7.  The top case has a bit of plump than the outgoing 15” —perhaps for strength given the thinner display.  It seems like the old one was flatter across the top. 
    8.  It feels as thin as the MBA.

    I’ll be loading more apps on it later to gain a better sense of its performance.

    I think I’ve owned every Apple notebook since the Pismo.  This one is a leap forward.  It’s a winning combination of surreal resolution, svelte weight, fast speed and great aesthetics. 

    It’s going to be a huge hit.  Apple will sell all they can make FQ3 2012.

    Big congrats on that new MBP. The Geekbench score on that bad boy is only ~10% lower than my 2010 Hex Core MP.  :bugeyed: That is some hard core studly computing power you got there! This combo of super screen rez and high end computing power will make a lot of folks jump on board.

      cheers to the longs
            JohnG

         
  • Posted: 16 June 2012 02:47 AM #36

    johnG - 16 June 2012 05:03 AM
    Mercel - 16 June 2012 01:30 AM
    lovemyipad - 15 June 2012 09:25 PM

    This week I kept sane by legging bull put spreads for JUL’12.  I’m usually out of JUL’12 positions by now, and I was…until recently.  But all this annoying range-roving—miles and miles of pacing the same tired ground—works well for legging in and out.

    And I must confess…I bought AUG’12 700 calls today.  Unhedged even! :D

    I see $700 in Sept., possibly $750 in Oct.

    :-o  

    Dang, you folks are uber bulls!  Isn’t anyone just a wee bit worried about those Greeks? I’m expecting a big fat middle finger from them on Sun. That said, I’m still holding my biggest LONG position for the last 3 months. Long term (8+ months) I see great opportunity. Near term ........  ?????

      cheers everyone
        JohnG

    I see it this way:  Apple only needs a P/E of 15.5 post FQ3 2012 earnings to make $700.  A P/E of 17 produces the same $700 if prior to FQ3 2012 earnings.

         
  • Posted: 16 June 2012 02:57 AM #37

    johnG - 16 June 2012 05:10 AM

    Big congrats on that new MBP. The Geekbench score on that bad boy is only ~10% lower than my 2010 Hex Core MP.  :bugeyed: That is some hard core studly computing power you got there! This combo of super screen rez and high end computing power will make a lot of folks jump on board.

      cheers to the longs
            JohnG

    Thanks.  I’ll be loading Aperture and Final cut tomorrow.  I don’t run games, but I may purchase one for grins.  I can offer only superficial impressions at this point, but the Retina MBP makes some very good ones right out of the box.

         
  • Posted: 16 June 2012 02:58 AM #38

    Mercel - 16 June 2012 05:47 AM
    johnG - 16 June 2012 05:03 AM
    Mercel - 16 June 2012 01:30 AM
    lovemyipad - 15 June 2012 09:25 PM

    This week I kept sane by legging bull put spreads for JUL’12.  I’m usually out of JUL’12 positions by now, and I was…until recently.  But all this annoying range-roving—miles and miles of pacing the same tired ground—works well for legging in and out.

    And I must confess…I bought AUG’12 700 calls today.  Unhedged even! :D

    I see $700 in Sept., possibly $750 in Oct.

    :-o  

    Dang, you folks are uber bulls!  Isn’t anyone just a wee bit worried about those Greeks? I’m expecting a big fat middle finger from them on Sun. That said, I’m still holding my biggest LONG position for the last 3 months. Long term (8+ months) I see great opportunity. Near term ........  ?????

      cheers everyone
        JohnG

    I see it this way:  Apple only needs a P/E of 15.5 post FQ3 2012 earnings to make $700.  A P/E of 17 produces the same $700 if prior to FQ3 2012 earnings.

    I’m looking for $700 in late July too. Hoping for a quintuple plus on my August $600’s.

         
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    Posted: 16 June 2012 11:38 AM #39

    adamthompson32 - 16 June 2012 05:58 AM

    I’m looking for $700 in late July too. Hoping for a quintuple plus on my August $600’s.

    I am just hoping to get over $600, and possibly hit the ATH of $640 or so.

         
  • Posted: 16 June 2012 11:42 AM #40

    Mercel - 16 June 2012 05:47 AM

    I see it this way:  Apple only needs a P/E of 15.5 post FQ3 2012 earnings to make $700.  A P/E of 17 produces the same $700 if prior to FQ3 2012 earnings.

    Share price at various earning levels and P/E ratios

    FQ3       TTM         13.5       14.5        15         16
    $11.16    $44.38    $599.13    $643.51    $665.70    $710.08
    $11.66    $44.88    $605.88    $650.76    $673.20    $718.08
    $11.91    $45.13    $609.26    $654.39    $676.95    $722.08
    $12.16    $45.38    $612.63    $658.01    $680.70    $726.08
    $12.66    $45.88    $619.38    $665.26    $688.20    $734.08 
         
  • Posted: 16 June 2012 12:16 PM #41

    Add this to the current batch of iPhone 5 rumors.  Looking better and better.

         
  • Posted: 16 June 2012 12:20 PM #42

    The back in black:

         
  • Posted: 16 June 2012 12:24 PM #43

    If these renderings are accurate, I understand the matte finish on the back bordered by the glossy top and bottom:  It breaks up the longer length in order to minimize a tall and skinny look.

         
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    Posted: 16 June 2012 03:09 PM #44

    Mercel - 16 June 2012 04:23 AM
    omacvi - 16 June 2012 04:11 AM

    I want to see your Apple Museum when I stop by your place in August.wink

    I May actually buy on Monday.

    I thought we should have dropped today, but it looks very bullish.  By that I mean we are less likely to see sub 550 from here on.

    There are 2 Apple computers I wish I’d have kept if a museum was ever a goal:

    1.  iMac SE (Apple’s own comeback kid)
    2.  Powerbook (Pismo)

    I think you’re going to pay more on Monday.  But what the hay, your price targets longer term will cover the difference.  :wink:

    In my “Museum Collection”:

    1 Mac SE
    2 Power Mac 7200
    3 Power Mac 9600
    4 Powerbook 5300CS
    5 Powerbook G3 “Wallstreet”
    6 G4 Tower
    7 G5 Tower
    8 MBP 15”
    9 1st Gen iPod
    10 1st Gen iPhone

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    Lieutenant Dan got me invested in some kind of fruit company…

         
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    Posted: 16 June 2012 04:26 PM #45

    Mercel - 16 June 2012 03:24 PM

    If these renderings are accurate, I understand the matte finish on the back bordered by the glossy top and bottom:  It breaks up the longer length in order to minimize a tall and skinny look.

    You won’t see two-tone back panel for something that’s gonna be produced at a peak production of well over 50 million units.  Apple is anti-flourish when it comes to design, with few exceptions like the Apple logo.  The back panel should be a solid piece if Apple’s design aesthetic through retina MBP is any indication.

    (Hey, I’d love LiquidMetal iPhones as much as the next person, but…)

    Signature

    The Summer of AAPL is here.  Enjoy it (responsibly) while it lasts.
    AFB Night Owl Team™
    Thanks, Steve.