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- The lack of makeup, drab hair, and fake teeth made Charlize Theron look bad in that film. She carried that extra 30 pounds quite well.
- Vandalizing a RedBox... maybe that's why they put 'em in grocery stores as opposed to bars...
- Yeah, when I was considering a netbook, linux always shows up on the cheaper model with a premium for XP. Would likely prefer the Chrome option to Linux, but to XP? Not sure on that one. Largely...
- Sure... we do what we can.
- Most people purchasing a netbook want Windows UI over a Linux one. Why? Probably comfort and the ability to run certain apps they already have. Google has an uphill battle here. Netbook...
Webomatica
Entertainment and Tech Digest
2008 has been messy for the American economy, what with the housing implosion handcuffing banks, recession fears finally becoming mainstream (the cover of Newsweek), and all that market turmoil last week. Even some VC folks are becoming cautious.
... Continue reading »
1 year ago
Seriously though, when was the last time Google missed earnings?
1 year ago
1 year ago
1 year ago
(1) The FED cutting 125 basis points over a couple of sessions is simply historic - yet it really didn't matter much.
(2) The last time we didn't have a sitting president or vice-president running for office was 1960.
(3) Every tech company reporting is scaling down guidance or missing EPS expectations.
(4) In AAPL's case, they grew like very few stocks have since 2004. And by very few, I'm saying that you can count the number of market-cap peers that have done this one one hand. Can you *really* say with confidence that the stock wasn't overpriced in the second half of 2007? If so, then please explain how iPhone sales (decent, on target but only so) and iPod sales (unit sales flat to poor, profits on target) stack up against things.
(5) Last week the DOW hit an intraday level that hasn't been seen since Bill Clinton was in office. NASDAQ? Well, sure, they've been there before too (post bubble-bust) but they are a FAR cry from where they were in 2001.
Bottom line? I sold everything last Wednesday (consciously but incorrectly decided to wait for one more earnings call) and am now sitting in 100% cash. My non-AAPL holdings? Combined they netted me 4.28% over the last three years and I took one loss (with of all things, GE). My AAPL holdings? Combined aross two accounts and six purchases - 152.8% for the same three years. And that's after leaving nearly another 150% on the table since December 28.
I'll get back in someday. AAPL that is. But right now I'm looking at having sold at 138+ and 139+ last Wednesday... and it closed up today at 135... and AH has it down a dollar. SO when do I think I'll get back in? When I'm POSITIVE it's bottomed out.
What's going to bring it up? New MacBook Pros? If they had a major change they'd have inrotoduced them at MWSF. The Beatles on iTunes? That last last year's silly rumor for February. iPhone SDK? Well, that'll be sweet - but until developers actually make native software it won't make one bit of difference.
What's going to keep it down? Fiscal Q2 is always their slowest quarter. Recession concerns. Credit debt. Unemployment. Inflation. Oil prices. Weak dollar.
It gets down to this - they've lowered expectations for the April call, and they have extremely good growth in Mac sales. Too bad they had nothing much to introduce at MWSF. The Air is a niche product that is 1-2 years ahead of it's time at best. It's an underpowered overpriced limited-by-design product at worst.
All told this could easily mean the stock price won't see 200 again until October - and *that* is if the perfect storm hits, and overall market conditions turn bullish. In all likelihood we're talking 2009 - and not necessarily the MWSF '09 runup either.
1 year ago
1 year ago