The iPhone craze has begun and I'm just eating it up. As a current gen iPhone holder, I'm sitting pretty on my current phone however I have a large number of friends, co-workers and the girlfriend jumping on board. On the way back home from work yesterday, I couldn't help myself and I took a detour to the Apple Store only to find a line about 300 people long going around the corner. It was just awesome with the fanfare, talking to random folks in the crowd as well as the people who just walked out with their brand spanking new phone. It looks way nice.
Although all the subscription pricing for the iPhone has increased, the loooong lines outside the Apple Store mean that people don't care. They want and need their iPhone. Recent earnings were positive as well so the bottomline is, there are a lot of good things going for this stock.
T has been battered along with the rest of the market. With its dividend yield, expanding wireless and TV offerings, service reliability and outstanding customer service, any downturn will be temporary. What we need not to forget is that this communications are a necessity that people cannot cut out of their lives. It's not $4 coffee and it's not a new car.
I think AT&T is one of the best values among large cap stocks. Based on the June 6th, 2008 close, the company is trading at 11 times 2009 earnings, has an estimated long term growth rate of just under 10% and pays a dividend yielding just under 5%. Don't forget that it's at a 52 week low.
Good Hunting
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Update 7/14/2008: Apple sold 1 million iPhone 3Gs this weekend (The orignal iPhone took 2 and a 1/2 months to sell it's first million).
Notes:
In Portfolio: Will be
Duration: Until Apple drops AT&T
Patience: Is a virtue
Showing posts with label Cel Phone. Show all posts
Showing posts with label Cel Phone. Show all posts
Saturday, July 12, 2008
Tuesday, January 23, 2007
MOT (Motorola) : Hello Moto...?
Superior design, desirability and cutting edge technology have always defined Motorola and their phones and the result has always been an edge in the mobile phone market. However, even with all of that, and I can't believe I'm saying this, I don't think it's going to be enough to send Motorola back to the top.
The competition is going nowhere as well. Overall, the rest of the market (Samsung, Nokia, & Sanyo) has the same homogeneous look and feel that induces sterility in addition to my yawns.
What it all comes down to is that Motorola needs to have that one "IT" product that they had in the RAZR 2 years ago. The KRZR, PEBL, SLVR and the Q (Which one doesn't belong) have all failed to take it's place in the uber-desirable range. The stock has dropped to a 52 week low of $18.50 and has dropped 40% from its 52 week high of $26.30 and like my expectations for Brittany Spears, I just have a feeling that this isn't the bottom yet.
They have 2 new products come out soon in the MING and the RIZR. As with all Motorola phones with the exception of the Q (stands for Qausimoto), The MING is very attractive and features a touch screen with stylus which is something we haven't seen in the non-smart phone range. My only concern is that how useful will it really be. I dub this phone Diet Smart Phone. All the function, half the features... Not a winning combo. While the former looks promising, the RIZR is just a sliding KRZR/RAZR. I doubt the type of hinge in which the phone opens up will really make a difference.
So the CEO has already warned that Motorola has had a miserable Q4, 2006 so the two questions we should all have is how bad and how much lower. For me, the bottomline is I don't care how far it falls, What will spur me to buy is whether or not it can produce another hit like the RAZR and the StarTAC of yesteryear (Remember that bad boy?). Either way, the stock is at 18 and was in he 7 range pre-RAZR and as low as 15 post RAZR. Bottomline is this... a long term 40% just isn't attractive enough. Let's talk again when the stock hits 15.
Notes:
In Portfolio: Not just yet
Thinking: GO YHOO, GO YHOO, GO!
Wish Was Public: IKEA (Man, that place is like Disneyland for adults)
The competition is going nowhere as well. Overall, the rest of the market (Samsung, Nokia, & Sanyo) has the same homogeneous look and feel that induces sterility in addition to my yawns.
What it all comes down to is that Motorola needs to have that one "IT" product that they had in the RAZR 2 years ago. The KRZR, PEBL, SLVR and the Q (Which one doesn't belong) have all failed to take it's place in the uber-desirable range. The stock has dropped to a 52 week low of $18.50 and has dropped 40% from its 52 week high of $26.30 and like my expectations for Brittany Spears, I just have a feeling that this isn't the bottom yet.
They have 2 new products come out soon in the MING and the RIZR. As with all Motorola phones with the exception of the Q (stands for Qausimoto), The MING is very attractive and features a touch screen with stylus which is something we haven't seen in the non-smart phone range. My only concern is that how useful will it really be. I dub this phone Diet Smart Phone. All the function, half the features... Not a winning combo. While the former looks promising, the RIZR is just a sliding KRZR/RAZR. I doubt the type of hinge in which the phone opens up will really make a difference.
So the CEO has already warned that Motorola has had a miserable Q4, 2006 so the two questions we should all have is how bad and how much lower. For me, the bottomline is I don't care how far it falls, What will spur me to buy is whether or not it can produce another hit like the RAZR and the StarTAC of yesteryear (Remember that bad boy?). Either way, the stock is at 18 and was in he 7 range pre-RAZR and as low as 15 post RAZR. Bottomline is this... a long term 40% just isn't attractive enough. Let's talk again when the stock hits 15.
Notes:
In Portfolio: Not just yet
Thinking: GO YHOO, GO YHOO, GO!
Wish Was Public: IKEA (Man, that place is like Disneyland for adults)
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