Source: Cirrus Logic [press release]
quote: I'm trying to figure out when to short AAPL.There may be a bump in the stock price after the iPhone5 announcement or after the initial sales spike, but maybe not. One thing's for sure: The Fire HD is going to put negative pressure on Apple's obscene margins. They won't die, but they'll come back down to earth.
quote: I don't know what this has to do with my post. I'm not saying Amazon is going to make a bundle.I'm saying that AAPL is going to soon find that it can no longer sell iPads at >50% margins, because they don't have any unique technology. The last major fabless tech company to have huge margins, IIRC, was NVidia. Once ATI released the HD 4000 series, NVidia's margins plummeted back down to reasonable levels. That's what's going to happen to Apple in the coming years.The Fire HD is just one part of it. Clovertrail tablets will unquestionably also put negative price pressure on the iPad within a year, as manufacturers have built <$300 Atom PCs for a couple years (add screen costs, subtract keyboard costs, and it'll be a wash). With phones, Nokia has the best camera (plus WP8 is looking great), Samsung has the best screen plus they're innovating like mad with stylus integration, apps have virtually caught up on Android, etc. Apple will have a hard time selling such high volumes at a premium. They won't die, of course, but their margins are going down.
quote: I think we're years away from potential of the scenario you describe happening. iPad sales will cross 100 million by the end of the year, easy. The iPhone will be the highest selling phone going through the holidays.Don't fight the trend, not until serious signs of a reversal show. Apple stores are more packed than ever and sales growth for iPhones and iPads have only accelerated.
quote: AMZN is at a scary place right now, especially since it just hit all-time highs.
quote: I dunno, you tell me which companies are overpriced here.