Apple had $34.1 billion cash end of September or $38/share. That’s up from $31b and $34/share last quarter. Anyone could have forecast this cash (it was $32/share beginning of this year). Back in March when the stock traded at $78 or 2x cash Apple was being valued at $40 in forward earnings or 6x TTM [...]
Cash Is King
Apple’s Real Opportunity is in Financing Post-Paid Conversions
We are now 46 hours into the new reality of the new iPhone 3G and how it will change the competitive landscape. I have conversed with many of my Apple-evangelist friends who always have the latest on the announcement – including rumors – and who are irritatingly sure that Apple has a genial master plan [...]
CTIA Fall 2007 – can things get more boring?
Just came back from CTIA in San Francisco. The show was rather uneventful and got me down with real Finnish melancholy. Why is the US mobile market so much behind the rest of the world in the freedom of innovation? Why are the carriers still holding onto their monopolistic grip of the market? One thing [...]
MEOW! Mobile Entertainment Opportunity Watch #2, 2006
The winter has passed fast living in the ‘fast lane’ with the mobile industry doing extremely well. Hopefully the young ones will believe me when I say that this all will come to an end at some point. Cycles have not gone anywhere, they still exist. Wise are those who are holding a sustainable job [...]
MEOW! Mobile Entertainment Opportunity Watch #1, 2006
The New Year is starting with a bang and many of us are gearing up for a successful 3GSM in Barcelona next week. The glacier is starting to finally melt and there are some major new technologies and application areas starting to take off. Many of those were invented in the late 90s when I [...]
MEOW! Mobile Entertainment Opportunity Watch #10, 2005
It was in November 2005 – I was at a bar in Kiev, Ukraine. I am on a business trip in a land of Bentleys and a missing middle-class. Around 2am a young lady sitting at the bar looks at me between puffs from her waterpipe and clearly wants to say something. I approach her [...]
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