nick Posted October 28, 2015 Share Posted October 28, 2015 So Apple made a quarterly profit of $51 billion. I know it flies in the face of the valley culture but I'd like to see them do something akin to the oil baron days. Like build a huge monument, buy a politician or two, or maybe donate one quarter's profit to sprint. no, they had $11.1 billion in profit on $51.5 billion in revenue... not to mention $205.6 billion in the bank (mostly overseas) they could buy sprint, ATT, or Verizon but why would they? I would love to see them build out a low orbit satellite network some day. http://www.makeuseof.com/tag/will-next-phone-use-satellite-internet/ Imagine a day when your phone connects to a low orbit satellite network and can provide coverage over every square inch of the earths surface, this network would be exclusive to Iphone users and apple would control the entire experience, phone and network. I am not saying this will happen anytime soon but the wheels are in motion, you can now finance your iphone directly with apple and upgrade every year, next step apple mobile satellite network??? Quote Link to comment Share on other sites More sharing options...
cletus Posted October 28, 2015 Share Posted October 28, 2015 no, they had $11.1 billion in profit on $51.5 billion in revenue... not to mention $205.6 billion in the bank (mostly overseas) they could buy sprint, ATT, or Verizon but why would they? I would love to see them build out a low orbit satellite network some day. http://www.makeuseof.com/tag/will-next-phone-use-satellite-internet/ Imagine a day when your phone connects to a low orbit satellite network and can provide coverage over every square inch of the earths surface, this network would be exclusive to Iphone users and apple would control the entire experience, phone and network. I am not saying this will happen anytime soon but the wheels are in motion, you can now finance your iphone directly with apple and upgrade every year, next step apple mobile satellite network??? To further put that $205 BILLION in cash that Apple now has in perspective: That is larger than the MARKET CAP for piddling companies like Coca-Cola, Bank of America, Oracle, Walmart, Disney, Chevron Quote Link to comment Share on other sites More sharing options...
JimBob Posted October 28, 2015 Share Posted October 28, 2015 Sprint rallies almost like clockwork in the days before their quarterly results, then plummets after. Sprint will post good news but it's never good enough to sustain their gains. Our eternal hope is the clock breaks, and the rally continues! 1 Quote Link to comment Share on other sites More sharing options...
nick Posted October 28, 2015 Share Posted October 28, 2015 To further put that $205 BILLION in cash that Apple now has in perspective: That is larger than the MARKET CAP for piddling companies like Coca-Cola, Bank of America, Oracle, Walmart, Disney, Chevron yeah it is remarkable to think of what they could buy, but even more remarkable to watch them buy almost nothing. of course they had beats, largest in the history of apple... still "only" $3 billion, it's a sign that they are focused. Quote Link to comment Share on other sites More sharing options...
cletus Posted October 28, 2015 Share Posted October 28, 2015 yeah it is remarkable to think of what they could buy, but even more remarkable to watch them buy almost nothing. of course they had beats, largest in the history of apple... still "only" $3 billion, it's a sign that they are focused. Well, focused on not paying their share of taxes to bring the money into the US at least. 1 Quote Link to comment Share on other sites More sharing options...
nick Posted October 28, 2015 Share Posted October 28, 2015 Well, focused on not paying their share of taxes to bring the money into the US at least. yeah, i agree they need to pay... but they are not alone... http://www.bloomberg.com/news/articles/2015-03-04/u-s-companies-are-stashing-2-1-trillion-overseas-to-avoid-taxes this is a little old March 4, 2015 but is does a good job, even if the numbers are old. 1 Quote Link to comment Share on other sites More sharing options...
cletus Posted October 28, 2015 Share Posted October 28, 2015 yeah, i agree they need to pay... but they are not alone... http://www.bloomberg.com/news/articles/2015-03-04/u-s-companies-are-stashing-2-1-trillion-overseas-to-avoid-taxes this is a little old March 4, 2015 but is does a good job, even if the numbers are old. Yep, they are all waiting on that sweet sweet tax holiday. 1 Quote Link to comment Share on other sites More sharing options...
nick Posted October 28, 2015 Share Posted October 28, 2015 Yep, they are all waiting on that sweet sweet tax holiday. yeah i hope not, the one in 2004 didn't work out very well.... http://www.wsj.com/articles/SB10001424052970203633104576623771022129888 "The report noted that Pfizer had the single largest share of the repatriated profits, bringing home $35.5 billion in foreign earnings, while also cutting 11,748 U.S. jobs between 2004 and 2007. Similarly, IBM brought back $9.5 billion, but cut 12,830 jobs, the report stated, citing answers from the companies in response to its questions." cut jobs, increased executive pay and massive stock buy backs, all while laying off tens of thousands of people... not a great plan for the majority of the population. 1 Quote Link to comment Share on other sites More sharing options...
foofoo982 Posted October 28, 2015 Share Posted October 28, 2015 I would think that negative deposit rates in the EU will begin to impact MNC cash holdings, likely before any tax holiday here in the US. Will be interesting to see how long there are negative rates in the EU. The big question would be whether companies will react to negative rates and use cash for acquisitions, or actually pay taxes and use it for dividends/share buybacks. Quote Link to comment Share on other sites More sharing options...
JimBob Posted November 10, 2015 Share Posted November 10, 2015 Sprint rallies almost like clockwork in the days before their quarterly results, then plummets after. Sprint will post good news but it's never good enough to sustain their gains. You win again this time. Sprint's stock has been pummeled the past ten days, dropping 20%! 1 Quote Link to comment Share on other sites More sharing options...
trojanman05 Posted November 10, 2015 Share Posted November 10, 2015 You win again this time. Sprint's stock has been pummeled the past ten days, dropping 20%! And just reading today it looks like a majority of analysts have downgraded S over the past week from buys to hold, and price targets ranging anywhere from $3.50 to $5.25, with an average of $4.32. I've sold groupings of my S stock over the course of the past few years for profit, but still have that last handful I've been waiting to sell. Easily my worst performing stock. On the other hand, one of my blue chip stocks is up about 72% since I bought 5 years ago 1 Quote Link to comment Share on other sites More sharing options...
mittenmitten Posted November 11, 2015 Share Posted November 11, 2015 Now watch Sprint rally 50 cents in a day for no apparent reason This happens every time Quote Link to comment Share on other sites More sharing options...
JimBob Posted November 20, 2015 Share Posted November 20, 2015 Another negative day for Sprint's stock (back in the upper $3 range) as investors bail on Sprint's downward revised earnings outlook. However, I believe there should be cheer that the leasing facility set up by Softbank and other lenders is now live and infusing Sprint with a cheap $1.1 billion loan. Quote Link to comment Share on other sites More sharing options...
markjcc Posted November 20, 2015 Share Posted November 20, 2015 Does the stock value even matter if 85% or so of the company is owned by Son? Sent from my iPhone using Tapatalk Quote Link to comment Share on other sites More sharing options...
S4GRU Posted November 20, 2015 Share Posted November 20, 2015 Does the stock value even matter if 85% or so of the company is owned by Son? Sent from my iPhone using Tapatalk I would say that the owners of the other 15% certainly think so. 2 Quote Link to comment Share on other sites More sharing options...
markjcc Posted November 20, 2015 Share Posted November 20, 2015 Lets say it's possible Sprint will file for Chapter 11, What will happen? Quote Link to comment Share on other sites More sharing options...
WillM Posted November 20, 2015 Share Posted November 20, 2015 Lets say it's possible Sprint will file for Chapter 11, What will happen? Most of the times the company will issue new stock after they reorganize leaving the old stock worthless. Just out of curiosity I looked at a 30 year chart of S. Ain't pretty. 1 Quote Link to comment Share on other sites More sharing options...
sbolen Posted November 21, 2015 Share Posted November 21, 2015 I'm considering bailing on the majority of my S holdings once/if we get back into the 4.50 range. My money would be better invested somewhere else once I hit a break-even. 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted November 21, 2015 Share Posted November 21, 2015 I'm considering bailing on the majority of my S holdings once/if we get back into the 4.50 range. My money would be better invested somewhere else once I hit a break-even. I have the classic case of looking backwards in wishing that I had sold some holdings when the price hit $5 a month ago, but told myself to wait for closer to $6. The debate will no doubt restart as the stock fluctuates back to $5 again in a month or two. But you are right in that investing in Sprint has resulted in a great deal of dead money the past two years. http://www.investopedia.com/terms/d/dead-money.asp 1 Quote Link to comment Share on other sites More sharing options...
Ascertion Posted November 21, 2015 Share Posted November 21, 2015 I'm considering bailing on the majority of my S holdings once/if we get back into the 4.50 range. My money would be better invested somewhere else once I hit a break-even.I think I'm in the same boat. Bought a ton at $2.80. But I won't break even from my initial investment until it hits a little over $5. I'll put my stock in something else once this happens. Sent from my Nexus 5X 2 Quote Link to comment Share on other sites More sharing options...
luvixuha Posted November 29, 2015 Share Posted November 29, 2015 I'm considering bailing on the majority of my S holdings once/if we get back into the 4.50 range. My money would be better invested somewhere else once I hit a break-even. Why would you hold the dog instead of taking a capital loss and investing that money in a more worthwhile stock that could produce a higher return? You are falling victim to sunk costs. 1 Quote Link to comment Share on other sites More sharing options...
JimBob Posted December 6, 2015 Share Posted December 6, 2015 Why would you hold the dog instead of taking a capital loss and investing that money in a more worthwhile stock that could produce a higher return? You are falling victim to sunk costs. I have fallen victim to dollar cost averaging; bought more shares at $3.53 this past Friday. Quote Link to comment Share on other sites More sharing options...
JimBob Posted December 14, 2015 Share Posted December 14, 2015 Sprint's short interest has skyrocketed 327% over the past nine months. http://seekingalpha.com/article/3753536-sprint-short-interest-continues-to-skyrocket Quote Link to comment Share on other sites More sharing options...
Trip Posted December 14, 2015 Share Posted December 14, 2015 Holy misleading charts, Batman! - Trip Quote Link to comment Share on other sites More sharing options...
Ascertion Posted January 4, 2016 Share Posted January 4, 2016 Sprint took a beating the last week or so. Maybe people trying to recover from the Christmas shopping all selling at once? Regardless, I'm probably going to sell soon. Hopefully it'll return to above the $5 mark. Looking at Netflix stock and it appears to have almost tripled in value in 2015, alone. 2 Quote Link to comment Share on other sites More sharing options...
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