One lovely summer afternoon in the 1970s - back when dinosaurs still roamed the Earth - Bag was dragged to the local K-mart by his mother for an afternoon of shopping.
I thought since Apple controls the application delivery and gets a chunk of each application sold on their platform, they do have some recurring revenue. Many applications are paid monthly and I think Apple gets a slice of that?
As for me, I'm a Verizon owner since $54. I bought it for the dividends and expected it to basically remain flat like it has been. But then Biden took office... Yes, generational lows - lots of stocks are at generational lows.
I'm hoping for a comeback. I think the recent little rally we had was because people are becoming believers that Republicans will take the house in November and stop the madness.
Apple does have SOME recurring revenue, but most of their revs are from new sales. The telecoms are virtually all recurring. There are indeed many stocks at generational lows, most of them belong there. However, there are not very many like the telecoms which have long track records as cash flow machines. I too bought at 54, then again at 47, then doubled up at 41, and doubled up again at 36. Will back up the truck if it gets in the twenties :-) … until then we get paid 7% to wait.
Options do give you leverage, but require perfect timing. Sadly there is no expiration clock on the insanity of people - so not sure how to get the timing right. Better to just be on the right side of the trade without leverage, and get paid while you wait.
There is one big unaccounted for element in your assessment.
Tech is all about control. Apple besides Google has total say in who and how someone can operate on their platforms and is constantly reevaluating their requirements (making sure they stay in control). I don’t have the time to go into questions why MIcrosoft is not at this position (has to do with historic development on the OS market / POSIX etc.), why meta is not much more powerful than Airbnb - although they try to stay relieve at with their VR hardware - which is a very interesting strategy. Their oculus guest decides can run totally without the need to a phone), why Tesla is valued so high? Tesla in contrast to all other car manufacturers understand this reality, theh will try to keep the control and not let apple and Google just take over - VW/Porsche will give up - they allready have done so years ago. They will just become a certified gadget on apples and googles plattform (maybe with some long term assurances to seeeten the long term death sentence . Anyway it’s all about CONTROL! I personally would rate Tesla quiete high because it has the potential to challenge apple/Google (not that it will for various reasons - but that it could in a realistic way - no matter how massive the investment - gives it value. Look VW no matter the investment could never build a freaking phone ecosystem (which is not even hard considering the dozen phone manufacturers from China coming and going every year. They could also not built the software etc. Tesla could if it really wanted. Writing my 5cents here I realize that basically any company that can’t built a phone/AppStore/gadget devices (whole ecosystem) will be just a dependent gadget on apples and googles grace. I know there is more than the technical challenge - obvious - but we don’t even need to go so deep.
I hear what you are saying, but would suggest the telecoms have far more control over our lives than Tesla. I know plenty of people (including myself) who live their whole lives without a Tesla, but I don’t know hardly anyone living without a cellphone. Meaning the telecoms exert more control over our lives than the Tesla’s of the world. At the end of the day, stock investments are buying a piece of a money making machine - you want to buy those machines as cheap as possible. Presently, what you pay for AT&T is a fraction of what you pay for Tesla, in spite of the fact they earn about the same money. I like Musk, and I like Tesla - but if the name of the game is to buy low & sell high - I’d rather buy the telecoms.
Wow! Just read the zerohedge story…. Elon is not the type to make idle threats. If there is anyone who could do it, Elon is the guy. Not too sure his balance sheet could handle it having just poured 44B down Twitter, which is why I have to wonder how long til he bites off more than he can chew…. I don’t see how building a phone is a shot at Apple & Google, it sure does seem like a shot at the telecoms.
It's a subtle hint at Apple and Google not to try the truth social tactic. Basically telling them - don't try this censorship shit on me. As said that's what separates a Tesla from the rest of the automotive industry for example. It's this mindset and capability that is inherent to a tech company and an entrepreneur like elon that is often hard to judge because it's a slightly intangible. When it comes to the telco providers I agree in one point with you. They could play this game also if they would have been politically encouraged to do so. So lets say congress and house encourage them to such a behavior ... but because they are more like utilities its not really straight forward to sell it to the public - but lets no be naive they would instruct them if needed and they think it benefits them. Anyway was just interesting that this discussion became quite relevant after few weeks.
I thought since Apple controls the application delivery and gets a chunk of each application sold on their platform, they do have some recurring revenue. Many applications are paid monthly and I think Apple gets a slice of that?
As for me, I'm a Verizon owner since $54. I bought it for the dividends and expected it to basically remain flat like it has been. But then Biden took office... Yes, generational lows - lots of stocks are at generational lows.
I'm hoping for a comeback. I think the recent little rally we had was because people are becoming believers that Republicans will take the house in November and stop the madness.
Apple does have SOME recurring revenue, but most of their revs are from new sales. The telecoms are virtually all recurring. There are indeed many stocks at generational lows, most of them belong there. However, there are not very many like the telecoms which have long track records as cash flow machines. I too bought at 54, then again at 47, then doubled up at 41, and doubled up again at 36. Will back up the truck if it gets in the twenties :-) … until then we get paid 7% to wait.
Interesting. Then would you look at Options as an investment strategy that recognizes a FOMO frenzy and gets you on the right side of the aisle?
Options do give you leverage, but require perfect timing. Sadly there is no expiration clock on the insanity of people - so not sure how to get the timing right. Better to just be on the right side of the trade without leverage, and get paid while you wait.
There is one big unaccounted for element in your assessment.
Tech is all about control. Apple besides Google has total say in who and how someone can operate on their platforms and is constantly reevaluating their requirements (making sure they stay in control). I don’t have the time to go into questions why MIcrosoft is not at this position (has to do with historic development on the OS market / POSIX etc.), why meta is not much more powerful than Airbnb - although they try to stay relieve at with their VR hardware - which is a very interesting strategy. Their oculus guest decides can run totally without the need to a phone), why Tesla is valued so high? Tesla in contrast to all other car manufacturers understand this reality, theh will try to keep the control and not let apple and Google just take over - VW/Porsche will give up - they allready have done so years ago. They will just become a certified gadget on apples and googles plattform (maybe with some long term assurances to seeeten the long term death sentence . Anyway it’s all about CONTROL! I personally would rate Tesla quiete high because it has the potential to challenge apple/Google (not that it will for various reasons - but that it could in a realistic way - no matter how massive the investment - gives it value. Look VW no matter the investment could never build a freaking phone ecosystem (which is not even hard considering the dozen phone manufacturers from China coming and going every year. They could also not built the software etc. Tesla could if it really wanted. Writing my 5cents here I realize that basically any company that can’t built a phone/AppStore/gadget devices (whole ecosystem) will be just a dependent gadget on apples and googles grace. I know there is more than the technical challenge - obvious - but we don’t even need to go so deep.
I hear what you are saying, but would suggest the telecoms have far more control over our lives than Tesla. I know plenty of people (including myself) who live their whole lives without a Tesla, but I don’t know hardly anyone living without a cellphone. Meaning the telecoms exert more control over our lives than the Tesla’s of the world. At the end of the day, stock investments are buying a piece of a money making machine - you want to buy those machines as cheap as possible. Presently, what you pay for AT&T is a fraction of what you pay for Tesla, in spite of the fact they earn about the same money. I like Musk, and I like Tesla - but if the name of the game is to buy low & sell high - I’d rather buy the telecoms.
Heard the news today bag? Regarding a potential Tesla phone if Google and apple try to sabotage Twitter? Had to think about it :)
Wow! Just read the zerohedge story…. Elon is not the type to make idle threats. If there is anyone who could do it, Elon is the guy. Not too sure his balance sheet could handle it having just poured 44B down Twitter, which is why I have to wonder how long til he bites off more than he can chew…. I don’t see how building a phone is a shot at Apple & Google, it sure does seem like a shot at the telecoms.
It's a subtle hint at Apple and Google not to try the truth social tactic. Basically telling them - don't try this censorship shit on me. As said that's what separates a Tesla from the rest of the automotive industry for example. It's this mindset and capability that is inherent to a tech company and an entrepreneur like elon that is often hard to judge because it's a slightly intangible. When it comes to the telco providers I agree in one point with you. They could play this game also if they would have been politically encouraged to do so. So lets say congress and house encourage them to such a behavior ... but because they are more like utilities its not really straight forward to sell it to the public - but lets no be naive they would instruct them if needed and they think it benefits them. Anyway was just interesting that this discussion became quite relevant after few weeks.