January 8, 2021 @ 6:46 pm | Breaking News, Jubak Top 50 Portfolio, TSM |
Today, January 8, Taiwan Semiconductor Manufacturing (TSM), the world’s largest contract chipmaker, reported December sales that translate into record quarterly revenue with estimated sales in the quarter climbing to $12.9 billion (361.5 NT$). (The company...
October 30, 2019 @ 6:53 pm | AAPL, Breaking News, Jubak Picks Portfolio |
After the close today Apple reported fiscal fourth quarter revenue of $64 billion. That was up from $62.9 billion in the fourth quarter of fiscal 2018 and above the $63 billion consensus forecast from Wall Street analysts. Net income dropped to $13.7 billion from...
May 21, 2019 @ 7:36 pm | Breaking News, Volatility, You May Have Missed |
Stocks–especially chip stocks–have rallied strongly today on headlines saying that the Department of Commerce has granted a 90-day license for U.S. companies to do business with China’s Huawei Technologies in order to service existing networks. This...
January 25, 2019 @ 7:50 pm | Breaking News |
Apple (AAPL) has hired Samsung’s head of global battery development, Soonho Ahn. At Samsung SDI, the battery-producing affiliate of Samsung Electronics, Ahn led development of lithium battery packs and worked on next generation battery technology. Two ways that...
January 8, 2019 @ 7:42 pm | Breaking News, Volatility |
Overnight Samsung Electronics announced that for the quarter that ended in December quarterly profit and revenue missed estimates on sputtering demand for memory chips. Operating income fell to 10.8 trillion ($9.6 billion) won for the South Korean giant. That was well...
January 2, 2019 @ 11:16 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Volatility |
Will Apple’s (AAPL) warning spook stocks tomorrow, Thursday, January 3, to a degree that bad economic news out of China didn’t today? After the close in New York Apple CEO Tim Cook dramatically lowered the company’s estimates for sales in the...
November 5, 2018 @ 7:54 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Update, Volatility |
Let’s see. You’re a company running into serious global headwinds in a maturing (or mature market) that are raising huge doubts about your ability to increase unit sales quarter to quarter for your core product. You: a) Grimly admit that unit sales are...
August 3, 2018 @ 7:18 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
If Apple (AAPL) hadn’t climbed to become the first $1 trillion company by market cap, these flaws probably wouldn’t be worth talking about. But when investors and traders have driven a stock’s valuation up to these levels–in clear anticipation...
June 5, 2018 @ 6:40 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Update, You May Have Missed |
The keynote that opened Apple’s (AAPL) Worldwide Developers Conference (June 4 through 8) walked a tough balancing act between admitting that Apple needs to catch up with competitors in some areas (Poor Siri) and introducing stuff that will differentiate Apple from...
May 1, 2018 @ 6:26 pm | AAPL, Buy, Jubak Top 50 Portfolio, Update |
It wasn’t a big beat and iPhone sales weren’t wildly above consensus, but such was the fear and skepticism surrounding Apple (AAPL) that shares rose 3.61% in trading after the earnings announcement. Â The company reported earnings of $2.73 a share, five...
April 20, 2018 @ 7:45 pm | Breaking News, Volatility, You May Have Missed |
After a week when plunging prices for chip makers made it hard for the U.S. indexes to make much headway, even after earnings beats from companies such as Netflix (NFLX), today the software and advertising technology stocks joined in the rout. That sent the Standard...
March 19, 2018 @ 7:00 pm | Breaking News |
As of 11:30 a.m. New York time this morning, the Standard & Poor’s 500 Stock index was down 1.15%. The Dow Jones Industrial Average was off 1.02%. And the technology heavy NASDAQ was lower by 1.84%. Much of the talk this morning has centered on news from...
March 6, 2018 @ 7:09 pm | Breaking News |
The market as a whole hasn’t gone much of anywhere this morning. As of 11:30 a.m. New York time the Standard & Poor’s 500 was ahead 0.25%; the Dow Jones Industrial Average was off 0.54%; and the NASDAQ Composite was down 0.15%. But that apparent...
March 1, 2018 @ 5:45 pm | Breaking News |
Three things to think about as an investor ponders the possibility that the United States will provoke a trade war with China, the European Union, and other countries. First, President Trump’s move today to put 25% tariffs on imported steel and 10% tariffs on...
December 11, 2017 @ 7:14 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
Today Apple (AAPL) announced that it would buy Shazam for a price that Recode estimates is around $400 million. How do I like this deal? Let me count the ways. (Apple is a member of my long-term 50 Stocks portfolio.) First, in acquiring Shazam, Apple will get a huge...
November 1, 2017 @ 7:20 pm | Breaking News, FB, Jubak Top 50 Portfolio |
Facebook (FB) announced third quarter earnings of $1.59 a share today after the market closed. That was 31 cents a share better than the Wall Street consensus. Revenue climbed 47.3% year over year to $10.33 billion, ahead of projections for $9.84 billion. Last quarter...
October 30, 2017 @ 7:50 pm | Breaking News, Volatility, You May Have Missed |
Another very heavy week for earnings will reach a crescendo on Thursday, November 2. The excitement isn’t surprising after the huge earnings that Amazon (AMZN), Alphabet (GOOG), Microsoft (MSFT), and Intel (INTC) delivered this past Thursday, October 26. This...
October 20, 2017 @ 5:29 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
Best explanation I’ve seen so far of the details of Apple’s (AAPL) problems with the iPhoneX comes from KGI Securities analyst Ming-Chi Kuo. That report was summarized on MacRumors.com last night. According to the KGI report, the biggest hurdle has likely...
September 25, 2017 @ 7:57 pm | Breaking News, Volatility, You May Have Missed |
The conventional wisdom at the end of last week was that we were witnessing a rotation out of tech shares and into financials and small cap stocks. In other words, nothing to get  too concerned about. Apple (AAPL) was a special case as surveys of retail channels...
September 14, 2017 @ 7:31 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Update |
Wall Street has started to pick at the details of Apple’s (AAPL) September 12 iPhone event. And it’s not liking all the details on second (or third) look. Apple’s shares finished down 0.86% today, September 14. Apple has closed lower in all three...
August 24, 2017 @ 7:30 pm | Breaking News |
Just in case you might be tempted to forget that Apple’s (AAPL) iPhone 8 (or whatever) won’t be introduced into a world without competing smart phones, Samsung introduced its own attempt to climb to the top of the smartphone market today. The Note 8 is...
August 16, 2017 @ 7:30 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
If you use an Android smart phone in Beijing, you can just tap it to pay for a ride on the city’s transit system. An iPhone? Forget it. Apple’s Phone uses ApplePay. And the company doesn’t grant access to third-party apps like those from Yikatong...
August 1, 2017 @ 7:32 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
The big questions for Apple (AAPL) won’t be answered until this fall when investors get to see the new iPhone (and see how hot or not it is) and learn whether or not Apple’s suppliers are indeed having trouble manufacturing key components such as the OLED...
July 31, 2017 @ 6:26 pm | AMZN, Breaking News, FB, Jubak Top 50 Portfolio, Volatility, You May Have Missed |
Let’s try to put together a few events from last week into a coherent (or, if that’s too much to hope, at least a semi-coherent) explanation for where the equity market stands now. What events, you ask? How about Friday’s report on second quarter GDP...
July 20, 2017 @ 7:36 pm | Breaking News, Dividend Income Portfolio, QCOM, Sell |
The earnings Qualcomm (QCOM) reported yesterday, July 19, were okay. Earnings of 83 cents a share for the June quarter, in fact, beat the Wall Street consensus by two cents a share. Revenue of $5.37 billion was ahead of analyst projections of $5.25 billion, but still...
April 13, 2017 @ 6:47 pm | AAPL, Breaking News, Jubak Top 50 Portfolio, Update |
Back on April 3 I pointed to Apple 21 as the next big test for Apple (AAPL) shares. (Apple is a member of my long-term 50 Stocks portfolio.) That’s the date when Samsung’s new Galaxy S8 smartphone will go on sale. The S8 is critical to Samsung–the...
April 3, 2017 @ 6:22 pm | AAPL, Breaking News, Jubak Top 50 Portfolio |
Apple (AAPL) shares closed at $143.70 today, April 3, near the record high of $144.12 that the stock set on March 29. The stock, a member of my long-term 50 Stocks portfolio, since November 8, 20165, was up 24.07% for 2017 as of the April 3 close. (The shares are up...
January 31, 2017 @ 7:00 pm | AAPL, Jubak Top 50 Portfolio, Update |
All the headlines that I’ve seen after Apple (AAPL) reported earnings for the December quarter (first quarter of the 2017 fiscal year) after the market close today say that Apple beat Wall Street projections by 14 cents a share on earnings. Which sounds...
October 26, 2016 @ 12:04 am | AAPL, Breaking News, Leading Indicators, Volatility, You May Have Missed |
Unfortunately for the price of Apple (AAPL) shares and for Apple shareholders, Wall Street estimates for the September quarter that Apple reported last night, October 25, were almost precisely on track. Apple beat earnings estimates by a penny, reporting $1.67 a...
October 24, 2016 @ 7:48 pm | AAPL, Breaking News |
Apple (AAPL) is set to report earnings for the quarter that ended on September 30 (fiscal fourth quarter earnings for Apple) tomorrow after the market’s close. The stakes are higher than usual. Wall Street is forecasting that iPhone sales will be just 45 million...