Tag: analysis

Announcing WWIC, The Apple Worldwide Investor Conference

I’m thrilled to announce the next Apple investor event, September 19, 2024. Henceforth the events will be called the Apple Worldwide Investor Conference (WWIC). WWIC will examine Apple’s business in-depth using the latest data. In addition to financial review, we will also cover technology, externalities, company culture, brand and competitive stance.

  • Focus: Apple Intelligence.
  • State of the Union
  • Products & Services: Financial performance and market overview
  • Valuation: Measuring customer creation and retention
  • Growth: Opportunities in Products, Services, and Geographies
  • Externalities
  • Legal and Regulatory Review
  • Competition
  • Macro
  • China
  • Big Picture: Adoption Rates, Sustaining and Disruptive roadmaps
  • Wild Card: Reading the Buffett portfolio decision

We’re maintaining the intimate atmosphere of last year: same venue in Boston and limited in-person seating allowing for seamless interaction and enquiry. In addition, we would like to address a wider, global audience. So, for the first time, we will also be offering remote participation where you can watch the livestream, ask questions, and discuss topics live.

Apple Worldwide Investor Conference - WWIC 24 - September 19, 2024

Tickets are available now. Asymco followers can get an additional discount using code asc24.

See you at the event—in person or online!

Per Lindberg predicts things

“The N8 is certainly a step in the right direction, it’s much more multimedia,” Per Lindberg, an independent technology analyst at MF Global in London, told Marayam Nemazee on Bloomberg Television’s “Countdown.” “But whether it will move Nokia’s market share upwards is more debatable,” he said adding that Android phones are becoming an “formidable force.”

via Nokia Says Preorders for N8 Smartphone Are Strongest Ever Seen – Bloomberg.

This is the same Per Lindberg who, in January of this year, reiterated his February 2009 Sell rating on Apple and the entire smartphone industry:

“There is no doubt, in my mind, that the whole sector is hugely overstretched,” says the London-based physics PhD and MBA graduate who joined MF Global Ltd. in 2008 after 10 years at investment bank Dresdner Kleinwort.

“The whole sector is priced as if the average player would sustain 25 per cent margin in eternity,” he adds.

“It’s bordering on absurdity. This will end in tears.”

He is willing to use the b-word: “Many stock bubbles are generated by sell-side analysts generating enthusiasm for the companies they cover.”

To date however, it’s Mr. Lindberg’s call that’s been the costly one for investors. He has maintained his sell rating on Apple since early February of last year, causing investors who followed his advice to miss out on a more than 110-per-cent surge in the share price.

Meet Apple’s sole skeptic – The Globe and Mail

In February 2009 Apple’s stock price was $89. Yesterday it closed at $267.