Monetary musings goes listicle, buzzfeed style. My good friend Sidd Singh has a post on his blog on why he is long AAPL, which got me thinking, what does the 10Q say? I’m bearish by nature so there is a downward bias :), bear with me! Here are the 6 things that are interesting questions for investors from their latest 10K. By no means is this list comprehensive, just some observations based on a quick read.
Down the rabbit hole we go.
3] Do 9 month comparisons matter? (Read the fine print)
4] iPad Sales are down
5] Mac Sales are down
Behold the dip. Mac’s have good margins, is the death of personal computers finally hitting Apple too? Effectively is AAPL now a phone/tablet company? If you believe in Moore’s law, margins are only going to get squeezed in these product lines.
Disclosure: No positions in AAPL at this time. No intention in opening positions for the foreseeable future 🙂