Investor in the Wilderness - Latest Comments in What 3G iPhone Feature Set will Satisfy Apple Investors?

Re: What 3G iPhone Feature Set will Satisfy Apple Investors?

20smoney — Mon, 09 Jun 2008 09:07:20 -0000

Zach:

I enjoyed reading this and other posts on your blog. It seems we both have similar investing approaches with trading/investing in apple at the core. Bottom line is that Apple is an interesting stock. It's both easy to write about and easy to draw investing lessons from it. I tend to write about Apple on my blog more than an other stock and it seems I found a similar blog!

Keep up the great work.

Re: What 3G iPhone Feature Set will Satisfy Apple Investors?

Mike Farr — Sun, 08 Jun 2008 21:05:20 -0000

The feature set probably doesn't matter that much, Zack. What happens tomorrow was probably decided last week in the back offices of a few large hedge funds. In January, the decision to short a couple of million shares was made before earnings were announced. As long as there is no great "and one more thing" the die has been cast. There is an absolutely enormous overhead of call options but a substantial number of puts was added on Friday.

May you live in interesting times.

Re: What 3G iPhone Feature Set will Satisfy Apple Investors?

pats — Sun, 08 Jun 2008 18:41:46 -0000

Zach an investor is not in my definitionva daytrader so the longs should not worry about features as much as price. If the phone is priced competitively in each market, it will sell well. That includes hardware/contract. Features on most phonesother than the iPhone are never used by most, so new capabilities like video chat are not going to drive a new purchase since the majority of people can't visualize how they would use it. The sdk and enterprise features will do the trick.

Re: What 3G iPhone Feature Set will Satisfy Apple Investors?

zach_bass — Sun, 08 Jun 2008 18:34:17 -0000

Jack, I admit that the post might have more legs if it were published a few days ago. But there will undoubtedly be an impulse reaction based on the feature set announced.

Remember, the event will have no live video feed. Apple will publish the event in its entirety as a QuickTime stream after the keynote is over. The only communication to the outside world will be attendants, such as media members, bloggers and people with Twitter accounts, that are in the hall watching Steve live.

There will be a number of web sites that will provide near real-time feeds from these attendants. One such site is MacRumors (http://www.macrumorslive.com/), which will even support iPhones. Investors, analysts and enthusiasts will be tuned in. I expect AAPL price to fluctuate wildly after each sound bite is transmogrified through this feed and reacted to by investors. There will be no evaluation of the information just pure reaction.

You mentioned a more important influencer to iPhone's success is the carriers that Apple has signed to distribute the iPhone in more than 70 countries. This is true, but I covered that earlier in the week in the post entitled "Can Apple Double iPhone Sales Goal in 2008?" click here to view it:

http://www.zacharybass.com/2008/06/can-apple-do...

Re: What 3G iPhone Feature Set will Satisfy Apple Investors?

Jack — Sun, 08 Jun 2008 17:25:23 -0000

You do like to put out worthless posts, don't you? Does it matter what the reaction is for a day or two? How about the fact that the iPhone will be sold in 70 countries over the next year? Or, that the growth in Mac sales is phenomenal?