Brian White, an analyst at Topeka Capital Markets, talks with Bloomberg’s Matt Miller about the outlook for Apple.
They speak on Bloomberg Television’s “Street Smart.”
A snippet:
Apple is down right now, but certainly not out… Growth investors see the growth slowing; they don’t want to be involved. They don’t think there’s a catalyst over the next two, three, four months. Value investors don;t see Apple tapping into it’s cash balance, so they’re staying away until they start to see that being distributed… What we see [are] the catalysts over the next two to three years, massive cash distribution… Apple TV, China Mobile [with] 710 million subscribers, and I think, a bifurcation of the iPhone market: an ultra high-end iPhone, iPhone that we see today, and then a lower-end iPhone.
Direct link to video here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]
Where is my $1111 ???
Nice.
Did he really compare buying toothpaste to cell phones?? Why is he on Bloomberg?!?!?!??!?!
Cell phones, prior to iPhone’s arrival, were a commodity; free with any plan and the cost was so insignificant, the carriers picked up all expenses with a contract; junky, disposable phones choking the market consuming voice bandwidth with billions of text messages; cha-ching!
Apple (Steve Jobs) took back the market (and the power) from the carriers and gave it to us, the Apple faithful, and we were rewarded handsomely for our loyalty and patience.
The cell-phone is a commodity anymore, but the smartphone (stupid label) now commands a premium, but with it comes Apple’s legacy.
In the interest of full-disclosure, I was unable to watch the subject video as I don’t use Flash and I can only presume to know what macnut is talking about with regard to toothpaste, which is a commodity; the same stuff packaged and branded as unique, when in fact only the company behind the product is different.
Toothpaste and cell phones sounds country and western.
PC computers is another commodity, driven into the ground by HP and Dell and Compaq; everything inside was the same, only the brand changed and history is replete with thousands of legacy manufacturers who drove themselves out of business.
Apple was the first company to commoditize the personal computer, followed by IBM, then Compaq the Conquerer comes along and it’s game-set-match and king me bitch! IBM licks its wounds and gets out.
Apple goes stupid and licenses Mac OS to those who’s very job it is, is to undermine Apple by marginalizing the Macintosh. wow.
Huge companies with massive resources begin developing alternatives to Macintosh and had not Steve Jobs come back to reclaim the platform and its market, there’d be no Macintosh.
Tim Cook has the monumental challenge of saving Macintosh once again from the toxicity of the manufacturing process by third-parties. I expect Tim Cook is busy with forward-looking plans to differentiate the Macintosh by reclaiming and restoring its birthright;
Made in America.
These people love to bitch and moan. ‘iPhone in ’07, iPad in ’10. Where’s my new stuff?!??!’
Patience is a virtue. Quit yer whining!
At 1:40 ish…
“They haven’t had any new products,,,,,nothing new has come out in years…”
What a fucking BOZO. Ever seen the Porsche 911? Incrementally improved to the latest state of perfection over the last 20 years and will continue to be incrementally improved for another 20 years. A high end sports car becomes a little more high end year by year as others struggle to catch up with small changes. Now substitute the word “sports car” with “phone” and you have the iPhone.
Wall Street really believes consumers are idiots and deserve to get any type of crap products thrown at them. They don’t care about quality or customer support. Wall Street doesn’t have a Porsche mentality and probably never will. They’d probably want to see Porsche go out of business and have everyone driving Toyotas.
Wall Street success is all about doing things on the cheap. They aim very low in terms of quality. They think a good smartphone is going to become the equivalent of high-tech pocket calculator and that upscale models won’t exist in quantity. Even the poorest people in the world want to move upscale if they can remotely afford to.
Chances are a Porsche will never grow wings and fly. It’s all about gradual refinements and high-quality worksmanship. They’re not going to be pushed out in the millions. The bean counters take a back seat. I sure hope Wall Street isn’t stupid enough to compare Porsche’s world market growth with Toyota’s.
I wouldn’t doubt there are jackasses out there calling 911’s “stale” because they don’t have the grunt of Bugatti Veyrons. However, far fewer Veyrons are in the hands of owners than any Porsche Carrera GT.
The host is a fucking moron. Clearly a Samsung user.