Posts Tagged ‘apple’

Apple’s iPad Enters Classrooms In Place Of Textbooks

Thursday, January 19th, 2012

Algebra 1

Apple has taken the World by surprise, first with the iPod, then the iMac, iPhone, and the iPad. Apple formerly announced today they will be revolutionizing the way the class is taught and read. Yes this is not a typo. They have disrupted an $8 billion market for non other than publishers of school textbooks. Truly aspiring and amazing. For the first time in America’s educational history, a technology company (other than ahhhmmm Microsoft and IBM) will make learning more interactive and less strenuous on the back. The iPad will carry 100′s of books by the palm of one’s hand!!! Introducing an entirely new kind of textbook that’s dynamic, current, engrossing, and truly interactive. A textbook created by publishers using a new authoring tool from Apple. A textbook brought to life by iPad. Currently 1.5 million iPads are in use in education. iBooks 2 will be available as a free app on the iPad, starting Thursday. iPads absolutely have a place in the classroom. It’s just a matter of finding a balance. Now how do we get a student to stop surfing for boobs on the iPad?

For hundreds of years, textbooks have put a world of knowledge in the hands of students. But while the way people learn has changed dramatically, the traditional textbook has stayed the same. Paper textbooks are expensive to produce and expensive for schools to buy. Which is why schools are forced to use a book for several years to make the finances work. But information changes so quickly that some textbooks are out of date almost before they’re published. And as books are passed along from one student to the next, they get more highlighted, dog-eared, tattered, and worn. It’s no secret that paper textbooks are heavy. But what you may not know is that backpack weight is an increasing problem among kids. Studies show that heavy backpacks can lead to both chronic back pain and poor posture — and many kids are carrying a quarter of their body weight in textbooks.

Created with iBooks Author, textbooks by top K-12 publishers McGraw-Hill and Pearson Education, as well as educational content from E.O. Wilson, are available today from the iBookstore on any iPad. And textbooks from Houghton Mifflin Harcourt are coming soon. Apple and the book publishers have reached an agreement to price most textbooks at $14.99 or less.

Features

Highlighting and Note-Taking

Use a finger as a highlighter when reading any textbook in iBooks. Just swipe over text and it’s highlighted. Tap a highlighted section and a palette appears. Change colors, switch to underlining, or add a note instantly. Then switch to the Notes view to see all your notes and highlights organized in one place, making it a cinch to search or go back to the highlighted sections of the book.

Study Cards

All your notes and highlights automatically appear on study cards. Flip them over and find the definition of a glossary term or the note attached to the highlighted passage. Choose which highlight colors to review, and include chapter vocabulary from the glossary — automatically. To make sure you really know your stuff, you can shuffle your cards to study.

Textbooks and iTunes U

Educators can include iBooks textbooks in the complete courses they create for the new iTunes U. And the textbooks work seamlessly with the iTunes U app for iPad. For example, students can tap the name of the book in the assignment list to start reading it right away, and notes they take in iBooks will appear along with the other course notes in the iTunes U app.

Tribute To Steve Jobs

Thursday, October 6th, 2011

As you may all already know, a visionary was lost today. An innovator that shaped and changed the world we live in today. Steve Jobs passed this evening at a young 56 years of age. Wall Street Grand would like to dedicate this post to his passing as the world will mourn a father, a leader, and an inspirational individual that will always be remembered as the legacy of Apple. Steve Jobs made Apple the most valuable technology company in the world at $350 billion. Apple’s stock under Jobs: from $10 to $400.

Steve Jobs is known as both mercurial and visionary, part rock-star CEO and part master salesman, a meticulous micromanager who can drive his employees to distraction — and one of the most important figures in American industry in the past half-century. After pulling his own company back from the brink of bankruptcy before the decade started, he almost single-handedly went on to save the recording industry with the iPod and iTunes. He revolutionized handheld devices and touch-screen technology with the iPhone. And he may well usher in a post-PC era of computing with his latest gadget, the iPad. “The resurrection of Apple is just the most astounding story that’s probably happened in business in at least a decade — you might be able to go further and say it’s a half-century,” says Roger Kay, president of Endpoint Technologies, a technology-industry think tank. “It’s on par with Thomas Edison and Alexander Graham Bell in terms of its total impact.”

Jobs’s legacy stretches back several decades and includes the development of a few more groundbreaking innovations from his first go-round at Apple in the 1970s and ’80s: the Apple II, the Mac and elaborate computer graphics, to name a few. he has driven Apple to the top of the heap in technology. The company ranks No. 1 in the sector in market cap at $285 billion. That’s greater than longtime rival Microsoft Corp., whose value today stands at around $220 billion. Investors who plunked down $1,000 on Apple stock at the end of 2000 would have seen it grow to nearly $43,000 by the end of the decade.

With Jobs’s mantras of putting the customer first and of desiring nothing more than to make great products ruling the day at Apple, consumers have been as delighted as investors. For the Apple faithful, the decade was a virtual orgy of technological wonderment, marked by marvel after marvel, alongside several inventions that rewrote the books. He also oversaw a big expansion of the company, hiring tens of thousands of workers as the company’s ranks swelled to more than 46,000 from about 8,500 at the start of the decade. Revenue skyrocketed. Today, more than 320 Apple Store locations span the globe, from the first stores in suburban Virginia and Southern California to Milan and Ginza.

During the first decade of the new millennium, Jobs and Apple managed to thrive even when the rest of the country didn’t. Apple’s shares blossomed, pausing only when Jobs’s health was in doubt. While the stock trades at roughly 43 times its level of a decade ago, the S&P 500 has lost about 7%. Sales are up twelvefold from the end of 2000, surging from $5.4 billion for fiscal 2001 to $65.2 billion for fiscal 2010, which ended in September. Cumulatively, Apple has racked up more than $229 billion in total sales during the decade.

Along the way, Jobs also ran another hugely successful company for much of the decade, Pixar Animation Studios. Pixar has had an uninterrupted string of blockbuster hits since its first release, “Toy Story,” in 1995, followed by such instant classics as “Monsters Inc.,” “Finding Nemo” and “Up.” Jobs sold Pixar to the Walt Disney Co. In 2006 and as a result became the entertainment giant’s largest shareholder and joined the Disney board.

Those successes come at a price. To many observers, Jobs wrote the book on micromanaging, and that’s not meant as a compliment. There have been numerous stories over the years of his roaming the Apple compound in Cupertino, Calif., uprooting workers and aborting careers. In technology circles, Jobs’s mood swings are the stuff of legend and, in fact, led to his initial ouster from the company in 1985, according to Endpoint’s Kay. “When he’s in his Mr. Hyde role, he’s just insane,” Kay says. “Dr. Jekyll is the guy who’s making it all happen.” Adds Enderle: “He is not somebody [who] any one of us would want watching our kids, but, in terms of running the company, he’s excellent.” Jobs jealously guards both Apple’s secrets and his own privacy, remaining largely inaccessible, and he demands the same of the vastly expanded Apple corps.

Steve Jobs Tribute Video

WSG Large Cap Average Return 41.67% (AAPL,VLO,VMW,WMB,CSCO,EBAY)

Thursday, July 7th, 2011

On March 3, 2010, I selected 6 large cap stocks that have averaged 41.67%. I selected what I had anticipated would be the hottest industries -commodities & technology. 5 out of the 6 were huge winners, however I did have 1 loser that knocked 16% off my average. Batting 83.33% isn’t so bad. See the original post here. Summary of the gains below.

Stay tuned for my next picks through 2012

Best Performers

VMware Inc (NYSE:VMW) 98.98% gain        entry price $51.75 current $102.97

Apple Inc. (NASDAQ:AAPL) 70.91% gain        entry price $209 current $357.20

Valero Energy (NYSE:VLO) 40.37% gain        entry price $18.75 current $26.32

eBay Inc (NASDAQ:EBAY) 40.34% gain        entry price $23.75 current $33.33

Williams Comp. (NYSE:WMB) 34.53% gain        entry price $22.50 current $30.27

Worst Performer

Cisco Systems (NASDAQ:CSCO) -35.10% gain        entry price $24.50 current $15.90

First Trust Debuts Smartphone ETF (NASDAQ: FONE)

Monday, February 21st, 2011

Score another first for the ETF industry; Friday marked the launch of the first ETF to offer pure play exposure to companies engaged in the smartphone segment. The First Trust NASDAQ CEA Smartphone Index Fund (NASDAQ: FONE) is linked to a modified equal dollar weighted index that includes companies primarily involved in the building, design, and distribution of the handsets, hardware, software and mobile networks associated with the development, sale, and usage of smartphones.

The new fund is global in nature, with U.S. companies accounting for about 45% of assets. Other big weightings are made to Taiwan (11%) and Japan (9%), while more than a dozen individual countries are represented in the ETF’s holdings. At the individual security level, FONE’s components includes some well known firms such as Motorola, Samsung, and LG Electronics as well as a number of companies with which most consumers likely aren’t familiar. Sub-sectors represented in the fund include semiconductors (25%), communications equipment (23%), and electronic equipment instruments and components (18%).

In order to be eligible for inclusion in the underlying index, securities must be identified as being engaged in the smartphone industry by the Consumer Electronics Association. They must also be listed on an index-eligible exchange as determined by NASDAQ OMX, have a market cap of $250 million, and have a minimum three month average daily trading volume of at least $1 million.

The securities in the NASDAQ OMX CEA Smartphone Index are allocated to one of three business segments: 1) handsets, 2) software applications and hardware components, and 3) network providers. The index is weighted 45% each towards handsets and software applications and hardware components, with the remaining 10% allocated to network providers. Index components are then equally weighted within each business segment, with semi-annual reconstitutions and quarterly re-balancing.

It’s no secret that adoption of smartphones has increased tremendously in recent years. Annual global sales of smartphone units have grown to nearly 250 million, and are expected to surpass PC sales by 2012. According to Bloomberg,worldwide smartphone sales are projected to more than triple to 491.9 million units by 2012 from 139.3 million in 2008. In the same period, worldwide PC sales are expected to expand to 443.1 million units from 290.8 million. Smartphones now account for about 30% of wireless device sales in the U.S., and that percentage is expected to climb to more than 40% in the next three years. For many devices, supply simply can’t keep up with surging demand. As technological improvements and increased competition put downward pressure on prices, smartphones are becoming affordable for larger portions of the population in the U.S. and abroad. Not surprisingly, a major opportunity may exist in emerging markets, where penetration rates are considerably lower than in the developed world. Apple’s revenues from Greater China (including mainland China, Hong Kong, and Taiwan) was $2.6 billion last quarter, up more than 300% from the same period a year earlier. There’s obviously more to emerging markets than just China and more to the smartphone market than just the iPhone, but these figures help to illustrate the tremendous potential in the developing world.

According to London-based research firm Wireless Intelligence, four out of five new mobile phone subscribers are from developing countries. Of China Mobile’s 590 million subscribers only 90 million own smartphones, highlighting the relatively low penetration rates (and tremendous growth opportunities) in the world’s most populous country.

On the surface, the idea of a smartphone ETF may seem as gimmicky as it gets. But the underlying index is constructed in a manner that offers balanced, efficient exposure to a compelling investment thesis; that smartphone adoption is on the rise-especially in emerging markets where penetration rates are a fraction of levels seen here in the U.S. FONE isn’t just Apple and Verizon with a 70 basis point expense ratio; it includes a number of smaller companies engaged in various corners of the industry that may not have the glitz of AAPL, but are nevertheless positioned to profit from a long-term shift in how we use technology.

Apple’s (NASDAQ: AAPL) Flash Crash?

Friday, February 11th, 2011

Something happened to Apple’s (NASDAQ: AAPL) share price Thursday afternoon that has investors still scratching their heads. The stock, which had been sailing along near its all-time high of $360 a share, started to drop at about 1 p.m. Then, at 1:39, it collapsed, falling from $355 to $349 in the space of four minutes. In all, $10 billion got shaved off Apple’s market capitalization before the stock began to recover.

Except for the surprisingly short iPhone lines at Verizon stores Thursday, there didn’t seem to be any news behind the sell off. The selling is not normal just for negative news. There was a huge spike where dollars were being skipped in the selling. Apple ticked from $351.70 to $349.00 within seconds.  There’s something else.  The selling was not normal.  That’s for sure.  It wasn’t orderly. Take a look at the chart.

The chart, bears a strikingly resemblance to the flash crash of May 6, 2010. But that event shook the entire market. This one belonged to Apple.

Rumor has it from Twitter tweet by Zero Hedge Steve Jobs, but did not say what the specific rumors are. The rumor is that Steve Jobs is in the hospital. Keep in mind this is just a rumor, and if we hear anything, Benzinga will update you on it.

WSG Does It Again – Calls The Market Pullback

Wednesday, January 19th, 2011

ACE is one of the coveted Technical and Fundamental Traders for WallStreetGrand. He’s keeps it investor friendly for the average investors. He stated on January 17th, that markets were approaching the top trend line and now was a good time to take some profits off the table. Taking profits means locking in gains because markets are set to pull back. Now does today’s huge fall for the Nasdaq mean this will be the continued trend downward. No. It simply means markets have been exhausted and over extended. The fundamentals of the markets remain strong, so therefore there is no reason to fear a drop similar to the April-August correction nor the 2007 market crash. Earnings were great for many companies with the exception of Goldman, but other than that still resilient. I continue to advocate to buy strong balance sheet companies like IBM, Apple, Cisco, or even EBAY.

The S&P 500 fell 13.10 points, or 1 percent, to close at 1,281.92, while the Nasdaq fell 40.49 points, or 1.5 percent, to close at 2,725.36. The CBOE Volatility Index, widely considered the best gauge of fear in the market, rose above 17. At mid-afternoon, tech stocks began to sell off more, as even Apple, which posted a surge in profits that beat Wall Street expectations, turned negative, as investors took profits.

We’ve come so far so fast, this is just normal, nothing to be concerned about. I wouldn’t be surprised to see profit taking continue for two or three days. Normally, huge earnings results from IBM and Apple would have sent stocks soaring, but disappointing results from Citigroup on Tuesday and Goldman Sachs on Wednesday became a “reality check” for traders, since financials had been leading the market. Everyone was counting on banks to lead us to a new high. Well not just yet, but it will eventually happen soon enough.

The markets may also be reacting to a report by Bloomberg that Tom DeMark, president of Market Studies, is predicting an 11 percent drop in the S&P 500 that would begin after the index reaches a market top within a week. Financials may just be taking a breather after surging by double-digits since early December.

I don’t see 10 percent drop. I do see four percent, maybe five percent over six weeks, but I don’t think it’s going to be one of those sell offs that really scares people. The momentum is too strong. There’s too much to argue for equities running further. Those arguments include the sell off in muni bonds and the prospect for more selling in Treasurys

Minor Correction Initiated Today

Tuesday, October 19th, 2010

Today was the first day in more than a month and a half that we did not hold very shallow support. We broke the accelerated uptrend, which should give us a move to at least 1148-1152 in the S&P. A further retracement down to the 1128-1132 level would provide an even greater buying opportunity.

The damage was widespread, and began after the close yesterday with street-beating earnings reports from Apple Inc. (AAPL), VMware Inc. (VMW) and International Business Machines Corp. (IBM) that were deemed not good enough by investors.  The cloud computing sector is still in trouble with concerns about the VMware Inc. (VMW) report. Although revenue growth was robust, details such as deferred payments raised red flags for some analysts.  The stock tried to bounce early after the gap down, but make it back above $75.

While Apple Inc. (AAPL) recouped some its after hours losses, high beta tech is showing signs that it is tired. It feels like the AAPL ramp over the last month and a half was by design, with big players set to unload shares and take profits no matter how bullish the report.  Apple crushed earnings, but has a reputation for blowing out conservative estimates. IBM bounced mildly also, but gave back much of its morning gains.

Banks are still a major problem, with Bank of America Corporation (BAC) trading down more than 4% amid news that a group of bondholders, including PIMCO, Blackrock, Metlife, and even the NY Fed, is suing for $47 billion in mortgage repurchases. Like we have stated on this blog before over the past week, the foreclosure mess is ugly and looks set to get worse by the day. JP Morgan Chase & Co. (JPM) also has heavy exposure to the crisis and the likelihood exists they too will be at least forced to take a sizable haircut.

The dollar surged and Gold had its first potent down day in months, driven mainly by China’s interest rate hikes and Geithner’s assertion that currency debasement is not a strategy in the economic recovery.  Bearish sentiment in the dollar had reached climactic levels in recent weaks, and the contrarian trade was a high percentage play in this case.  It remains to be seen whether the bottom in the dollar is short or long term. Oil is also coming under some pressure for the first time in this rally.

This morning we recommended cleaning up some loose positions and preparing for at least a modest pull-in. After today’s action, we still hold that view. At each level of support we will measure the strength of the market and leading stocks to see how heavy we will buy. Until then, I am back to cash flow trading and will let market “re-prove” itself. I will look at 1148-1152 to see if we get a bounce, then 1128-1132 would be a gift to buy if we can see it by election time. This doesn’t mean that there will not be action. When volatility comes in, active traders take advantage of over-emotion.

Apple Takes A Hit; Markets Negative Opening

Tuesday, October 19th, 2010

S&P futures are set open -12.70. Nasdaq futures -35.50.

Futures for the S&P are still under stiff pressure. Meanwhile, Germany’s DAX is down 0.1%; despite news that the German ZEW Survey for October spiked to 72.6 from 59.9 in September. Financial plays are also strong in France as Societe Generale, BNP Paribas, and Credit Agricole stage strong gains, but the CAC has still slipped to a 0.1% loss amid considerable weakness in Total (TOT). In Britain’s FTSE, declining issues outnumber advancers by a narrow margin. Still, that’s been enough to take the British Index down to a 0.2% loss. Metals and mining plays Rio Tinto (RIO), Xstrata (XTA), and BHP Billiton (BHP) are under stiff pressure, but Standard Chartered and Prudential Plc have provided some support. Both the British pound and the euro are markedly weaker this morning. More specifically, the pound is down 1.0% against the greenback and the euro is off by 0.6% against the dollar.

The dollar’s spike comes in response to news that China has opted to raise its 1-year lending and deposit rates by 25 basis points, effective October 20. That announcement was made after markets in Asia closed. Mainland China’s Shanghai Composite climbed 1.6% ahead of the surprise announcement. Gains were broad in that advancing issues outnumbered decliners by 10-to-1; but China Shenhua, SAIC Motor, Ping An Insurance, and China Life Insurance were primary leaders. Industrial & Commercial Bank was a primary laggard. Hong Kong’s Hang Seng also won broad-based support, which helped it book a 1.3% gain. HSBC (HBC) and China Mobile were primary leaders while Tencent Holdings slumped. Japan’s Nikkei; netted a 0.4% gain. It was led by Fanuc Ltd., KDDI Corp., and Terumo Corp. Softbank traded with notable weakness, though.

I’m a buyer in the Dollar in the short interim. The way we can play this is through an ETF: UUP which corresponds with the Dollar Index. The Euro looks like it has topped for the moment.  U.S. Treasury Secretary Timothy Geithner vowed on Monday that the United States would not devalue the dollar for export advantage, saying no country could weaken its currency to gain economic health. “It is not going to happen in this country.” Geithner told Silicon Valley business leaders of devaluing the dollar. ”It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to (be) competitive,” Geithner added. “It is not a viable, feasible strategy and we will not engage in it.”

Apple

Shares of Apple Inc. (AAPL 301.39, -5.22%) fell more than 5% in preopen trade on Tuesday, a day after the popular computer and mobile device-maker said its fourth quarter earnings soared from a year ago, but the firm sold fewer of its popular iPad tablets than some investors had expected. Apple shares were trading at $301.20 in the premarket session. The shares first topped $300 last week. For the quarter, Apple reported net income of $4.31 billion, or $4.64 per share, compared with net income of $2.53 billion or $2.77 per share for the same period the previous year. Revenue jumped 67% to $20.34 billion. Analysts were expecting earnings of $4.10 per share on revenue of $18.9 billion. Yet the the news on the iPad and iPod sold short of analysts expectations which gave enough reason for the traders to sell into the slightest bad news. Nonetheless we should have looked at it had been up the last 11 out of 12 days.

Bulls Powering The Market Higher

Wednesday, October 13th, 2010

The DJIA is up  more than 45 points this morning as bulls are feeling more confident in the 3rd quarter earnings and QE 2.  The market had pointed to a higher open in the premarket in the wake of strong earnings results from JPMorgan Chase which posted third-quarter earnings of $1.01 a share, beating analyst estimates of 90 cents a share. Revenue, however, was slightly short of expectations.

In economic news, import prices declined, and export prices rose.  The currency trade was again influencing the market’s direction, as a decline in U.S. dollar against a basket of foreign currencies, sent stocks and commodities higher. Gold approached $1,360 an ounce, while crude oil passed $83 a barrel.  Details of the U.S. crude stockpiles will be released at 11 a.m. Thursday, because of the Columbus Day holiday, while results of the Treasury’s $21 billion auction of 10-year notes will be out at 1 p.m.

Stock Highlights:

Apple (APPL): Surpassed $300 this morning for the first time in history!

SandRidge Energy (SD): Just as I had anticipated the stock to fall to $5.25 and bounce of this key technical support to continue it’s upward march to $10. We sold at $5.90 and bought again $5.25. It’s still not late to get back in!!

M&A Season Heating Up Early

Monday, August 23rd, 2010

For the month of August alone there has been $2.3 Trillion mergers and acquisitions announced worldwide, the most ever for this month. $1.3 Trillion of that is in the Technology spectrum alone. Just this morning HP announced to trump Dell’s initial offer for 3Par by 33%. 3Par was trading in the $9 range and is now trading in the mist of double digits to $25. HP was willing to pay 100% over 3Par’s 2010  earnings. Things are beginning to heat up in the M&A market.There’s a been a slew of reasoning behind the recent robust M&A activity. Here’s a few that I came up with.

  • In the environment of a crisis leads to opportunity. Companies with heavy cash flows are forced to be competitive and why not better to strike while the competitors are weak. Through history during times hard economic hardships companies become adapt to spend and make heavy investments as opposed to R&D. That’s how Microsoft evolved during the 70′s through ripe opportunities. Law of Darwinism per se.
  • Companies have cash to spend. Some companies like Cisco, Apple, IBM, HPQ, and etc…are sitting on piles of cash. Some prefer to make to acquisitions while other prefer to increase dividends (i.e. Banks) while others prefer stock buy-backs. Expansion into business to be more competitive is the better route but in the banks case financial regulations are proving to be difficult
  • Bush’s Tax rate expires this year. Many companies are pushing to rush the M&A so the tax burden is less impacted. Consider it as a discount. It’s a better environment now as the future holds uncertainty.
  • Consolidation. What’s a better way to make a company more competitive and increase your rate of return on your COC (cost of capital). Acquisitions 90% of the time will make a company more efficient. It will free up cash at times when R&D outstrips the investment into a company as for example what Intel’s acquisition into MCafee or HPQ’s into 3Par for the cloud computing aspect of the business.

Stay tuned for the M&A to heat up further.