They announced that they have $237 billion in cash on hand, holy fuck at just thinking about that number.
They’re going to start disclosing services gross margin next quarter, we’re starting to see concrete steps from them migrating from a primarily hardware company to a service/subscription based model. They’re annuitizing their business essentially, which quite frankly the iPhone used to do for them when people were on cell phone upgrade plans every two years, that cycle has slowed for many Americans now, so I think they’re looking at how to drive that in a different way and services is the answer to that imo. Not to mention services are likely to have much higher margins.
Exactly. Really interested in seeing this transformation. It'll be rocky for a bit imo. But good buying opportunity
I think Wall Street is pitching a little bit of a fit because they’re losing data they’re comfortable with and regularly use.
I could use one more Trump anti-Amazon comment this week. I’ve dipped my toes in the water but I’m ready to load up on some AMZN.
I’ve got some 1700 calls I picked up for this week around close. It looks ready to make a big push back up.
I'd love to buy options but I have no idea when Amazon is going to turn around, only that it will. Whats your expiration date on the calls?
also, is it smart to cash out and wait for the election stuff to pass? i suspect the market will react poorly but you more experienced people would know better
Ride MSFT. No reason to sell at all there. They had an amazing quarter. AAPL did not have a good quartner and there seem to be some concerns moving forward. iPhones aren’t moving and now they are not going to report numbers on individual products moving forward. Huge red flag. Buffett and the AAPL share buy backs are a nice floor but that company has innovation problems.
I don’t think it will matter much. House goes D Senate stays R White House stays R That = gridlock and everything stays status quo. The current environment is pro-growth and all of that continues x 2 years.
The one big potential black swan could present itself in the form of an increased likelihood of impeachment of the President with the Dems taking the house following Mueller’s report which will likely be released soon. They will still need to (likely) steal a handful of senators to convict. And then what happens? A lot more status quo with Pence at the helm. Maybe increased chance of getting China tariffs standoff resolved.
Correct, only thing impeachment proceedings are likely to do is exactly what they did for Bill Clinton. Provide a struggling and unpopular president with a free platform to increase his popularity.
Look at the polls from when the Paula Jones stuff dropped to when the impeachment proceedings started. Went from 37% to 73% the month he was impeached.
i am $16.56 from breaking even ACB been doing work lately, especially since sessions resigned, but earnings come out tomorrow so i will probably sell before that and hop back in after it inevitably drops 20%
ive been buying perishables, consuming them, and sending them back to amazon customer service to drive down the price to something i can afford
its called market manipulation and its what all the big boys are doing you probably dont know anything about it
Is there a simple explanation (read: one I could understand) as to why small-cap hasn’t seemed to rebound or has done slow at a much slower pace relative to other classes?
I think it is worth a flier here. Would definitely use a stop loss with it not too far under 8 if I played it. Upside is there, but it could really crash.
I think it’s headed to the dump. No dividend any longer, no proven growth driver in any of their current lines of business. I think they’re in trouble.
same. going to read up more this weekend, but the JP Morgan note this morning makes me thing they could be headed toward chapter 11.
Picked up a ton of $25 $REV Nov 16 calls heading into close last night and parlayed that into my best day ever. Sold enough to make it a total freeroll and holding the rest to see what happens going into next Friday. Hopefully not a mistake. Much alcohol will be consumed in celebration this weekend.