Profile - To The Moon

DCGI

Posts · 11Posts · 11
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- DCGIDCGI
  ·05-17
  Millionaires creator share
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- DCGIDCGI
  ·01-17
  Ross gerder wasnt a good fund manager haha
  Ross Gerber Says Elon Musk Should Buy Tesla Stock "Like Rest Of Us" If He Wants 25% Voting Rights
  ZINGER KEY POINTSMusk has said he feels "uncomfortable" steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.Despite Musk's desire for more influence, Gerber argued
  Ross Gerber Says Elon Musk Should Buy Tesla Stock "Like Rest Of Us" If He Wants 25% Voting Rights
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- DCGIDCGI
  ·2023-09-26
  Apple
  From my own perspective Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .
  475 Comment
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  Apple
- DCGIDCGI
  ·2023-09-26
  Bearish
  Once Again "Apple's Best Days Seem Behind", But I Disagree
  Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of t
  Once Again "Apple's Best Days Seem Behind", But I Disagree
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- DCGIDCGI
  ·2023-09-20
  $NIO Inc.(NIO)$ I'm capitalist invest with intelligent, when people panic you should greed . Simple as that
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- DCGIDCGI
  ·2023-06-19
  Later at night up again lol
  Sorry, this post has been deleted
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- DCGIDCGI
  ·2023-05-09
  Happy
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- DCGIDCGI
  ·2022-12-24
  $Nasdaq100 Bull 3X ETF(TQQQ)$ btw bullish trend
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- DCGIDCGI
  ·2022-09-19
  good to see that . So that the company have more cash holdings and implement somewhere else
  Sea Plans to Fire 3% of Shopee Indonesia Staff
  Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regiona
  Sea Plans to Fire 3% of Shopee Indonesia Staff
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- DCGIDCGI
  ·2022-04-06
  $Rivian Automotive, Inc.(RIVN)$This is damn sucks
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creator share","listText":"Millionaires creator share","text":"Millionaires creator share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/306834577285392","isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":264090422554752,"gmtCreate":1705494650760,"gmtModify":1705494654745,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"htmlText":"Ross gerder wasnt a good fund manager haha","listText":"Ross gerder wasnt a good fund manager haha","text":"Ross gerder wasnt a good fund manager haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/264090422554752","repostId":"1143612163","repostType":2,"repost":{"id":"1143612163","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1705494600,"share":"https://ttm.financial/m/news/1143612163?lang=&edition=fundamental","pubTime":"2024-01-17 20:30","market":"us","language":"en","title":"Ross Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights","url":"https://stock-news.laohu8.com/highlight/detail?id=1143612163","media":"Benzinga","summary":"ZINGER KEY POINTSMusk has said he feels \"uncomfortable\" steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.Despite Musk's desire for more influence, Gerber argued","content":"<html><head></head><body><h4 id=\"id_750125108\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Musk has said he feels &#34;uncomfortable&#34; steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.</p></li><li><p>Despite Musk&#39;s desire for more influence, Gerber argued that additional control seems unnecessary.</p></li><li><p>&#34;Nobody has any influence over Tesla except Elon, and so, I don&#39;t know what he is talking about,&#34; Gerber said.</p></li></ul><p><strong>Ross Gerber</strong>, President and CEO of <strong>Gerber Kawasaki Wealth and Investment Management</strong> and a <strong>Tesla Inc</strong> TSLA investor, reflected on <strong>Elon Musk</strong>‘s request for a 25% voting stake in the company on Wednesday.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” </p><p style=\"text-align: start;\">He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab959455df6ba83eaa75fd7c5a5e96e9\" tg-width=\"829\" tg-height=\"903\"/></p><p><strong>Musk’s Stance:</strong> Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.</p><p style=\"text-align: start;\"><strong>Gerber’s Perspective:</strong> Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. </p><p style=\"text-align: start;\">Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”</p><p><strong>Musk’s Stake:</strong> As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.</p><p style=\"text-align: start;\"><strong>Price Action:</strong> According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ross Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoss Gerber Says Elon Musk Should Buy Tesla Stock \"Like Rest Of Us\" If He Wants 25% Voting Rights\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-01-17 20:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_750125108\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Musk has said he feels &#34;uncomfortable&#34; steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.</p></li><li><p>Despite Musk&#39;s desire for more influence, Gerber argued that additional control seems unnecessary.</p></li><li><p>&#34;Nobody has any influence over Tesla except Elon, and so, I don&#39;t know what he is talking about,&#34; Gerber said.</p></li></ul><p><strong>Ross Gerber</strong>, President and CEO of <strong>Gerber Kawasaki Wealth and Investment Management</strong> and a <strong>Tesla Inc</strong> TSLA investor, reflected on <strong>Elon Musk</strong>‘s request for a 25% voting stake in the company on Wednesday.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” </p><p style=\"text-align: start;\">He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ab959455df6ba83eaa75fd7c5a5e96e9\" tg-width=\"829\" tg-height=\"903\"/></p><p><strong>Musk’s Stance:</strong> Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.</p><p style=\"text-align: start;\"><strong>Gerber’s Perspective:</strong> Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. </p><p style=\"text-align: start;\">Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”</p><p><strong>Musk’s Stake:</strong> As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.</p><p style=\"text-align: start;\"><strong>Price Action:</strong> According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143612163","content_text":"ZINGER KEY POINTSMusk has said he feels \"uncomfortable\" steering Tesla toward becoming a leader in AI/robotics without having 25% voting control.Despite Musk's desire for more influence, Gerber argued that additional control seems unnecessary.\"Nobody has any influence over Tesla except Elon, and so, I don't know what he is talking about,\" Gerber said.Ross Gerber, President and CEO of Gerber Kawasaki Wealth and Investment Management and a Tesla Inc TSLA investor, reflected on Elon Musk‘s request for a 25% voting stake in the company on Wednesday.What Happened: In an interview with Yahoo Finance, Gerber expressed his view, stating, “I think he should buy the stock. I think he should use his money and buy Tesla for like $25 or $30 billion like the rest of us.” He found the idea of shareholders granting Musk $30 billion worth of stock confusing, emphasizing that, as the CEO, Musk’s “fiduciary duty” is to transform Tesla into an AI/robotics company—a task for which he has already been compensated $50 billion.Musk’s Stance: Musk mentioned on X on Monday that he feels “uncomfortable” steering Tesla toward becoming a leader in AI/robotics without possessing around 25% voting control. He indicated a preference for developing products outside of Tesla unless he attained this level of control.Gerber’s Perspective: Despite Musk’s desire for more influence, Gerber argued that additional control seems unnecessary, given that Musk is currently the sole influential figure at Tesla, with his friends and family occupying positions on the board of directors. Gerber stated, “Nobody has any influence over Tesla except Elon, and so, I don’t know what he is talking about. Tesla is the closest thing to a private company as a public company.”Musk’s Stake: As of now, Musk holds over 411 million shares in Tesla, constituting approximately a 13% stake.Price Action: According to data from Benzinga Pro, Tesla shares closed up 0.5% at $219.91 on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224015202160768,"gmtCreate":1695728788210,"gmtModify":1695728794079,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"title":"Apple ","htmlText":"From my own perspective&nbsp; Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .&nbsp;","listText":"From my own perspective&nbsp; Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .&nbsp;","text":"From my own perspective Yes I'm shorting , reason being have two . Firstly is because trend is very obvious compare past chart . Secondly, the Apple product launch was not up to consumer expectations and majority Apple user are sadly to have it .","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224015202160768","isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":223922637832256,"gmtCreate":1695706280916,"gmtModify":1695706284667,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"htmlText":"Bearish&nbsp;","listText":"Bearish&nbsp;","text":"Bearish","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223922637832256","repostId":"2370257737","repostType":2,"repost":{"id":"2370257737","pubTimestamp":1695698028,"share":"https://ttm.financial/m/news/2370257737?lang=&edition=fundamental","pubTime":"2023-09-26 11:13","market":"us","language":"en","title":"Once Again \"Apple's Best Days Seem Behind\", But I Disagree","url":"https://stock-news.laohu8.com/highlight/detail?id=2370257737","media":"Seeking Alpha","summary":"Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of t","content":"<html><head></head><body><ul style=\"\"><li><p>Apple is once again hit by the narrative seeing its best days behind.</p></li><li><p>Concerning news have caused a pullback.</p></li><li><p>Yet, if we look at what the company can deliver over the next decade, the present value of the discounted free cash flows is staggering.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b818a6be82a01d739c6291e81b56232e\" alt=\"Justin Sullivan/Getty Images News\" title=\"Justin Sullivan/Getty Images News\" tg-width=\"750\" tg-height=\"538\"/><span>Justin Sullivan/Getty Images News</span></p><h2 id=\"id_2487287747\">Introduction</h2><p>For the first time since I have been a Seeking Alpha user, I am seeing quite a bit of controversy on Apple (NASDAQ:AAPL). Ratings range from sell to buy every day, while until a few months ago, the consensus I usually saw was to go long this stock. As an investor who has Apple as its second largest holding, I have gone over my investment to check if the reasons I started it are still there or not.</p><h2 id=\"id_3421410024\">Recent concerns</h2><p>There has been a lot going on:</p><ul style=\"\"><li><p>China banned the use of iPhones to government employees.</p></li><li><p>France halted the sales of iPhone 12 because of concerns related to radiation levels.</p></li><li><p>Disappointment as Apple debuted iPhone 15 and iPhone 15 Plus.</p></li><li><p>Mixed takes over iPhone sales</p></li><li><p>Expensive valuation</p></li></ul><p>Regarding iPhone 15 sales, we have seen UBS saying initial demand for iPhone was mixed at best, while Wedbush sees very strong demand, just like CNN reported.</p><p>At the same time, Apple keeps on talking very little about AI during its earnings calls or events, ruling itself out of the AI-frenzy that has pushed the market up in the first half of the year. To be fair, Apple does talk about machine learning, but this seems less catchy than AI.</p><p>In addition, even the release of the Vision Pro didn&#39;t excite the market. Furthermore, current estimates see Apple&#39;s revenue declining this year and then grow at an 8% CAGR for the rest of the decade. According to many, Apple is becoming a stalwart, not growing anymore at a pace that justifies its valuation.</p><p>Yes, valuation is understandably a major concern. In fact, most people agree in considering Apple a great company, way better than the average one. However, investors start debating when it comes to valuation. Seeking Alpha Quant Rating gives Apple an F as a valuation grade. Yet, its 28.7 fwd PE is rated with a C, as well as its fwd price/FCF now at 23.7.</p><h2 id=\"id_3414207\">And Yet...</h2><p>Following the news of the ban in China, the stock dropped several percentage points. And yet, as soon as the iPhone 15 was available people in China flocked to the Apple stores.</p><p>The issue in France will lead Apple to provide an iPhone 12 software update. But we should also know that, on average, only 30% of iPhone users hold on to their phone three years or longer. Since the iPhone 12 was released in September 2020, in the next year around 70% of those who purchased in its first year of release should be upgrading to a new version which will likely be the iPhone 15.</p><p>In the most recent earnings call, Apple&#39;s CFO Luca Maestri openly said that the company&#39;s installed base counts more than 2 billion active devices establishing &#34;a solid foundation for the future expansion of the ecosystem&#34;.</p><p>Customer engagement is growing as there are more transacting accounts and paid accounts. Another 150 million paid subscriptions were added in the last 12 months, a 2x in just 3 years.</p><p>Apple&#39;s valuation seems expensive, but when we look at the FCF Yield, we see a very interesting 3.9%, which, all of a sudden, doesn&#39;t make the stock seem that expensive, even when factoring in SBCs.</p><h2 id=\"id_2990448883\">Why I am invested in Apple</h2><p>The aforementioned concerns are all over the media. YouTube is no different. Even on Seeking Alpha, sell ratings have increased.</p><p>It seems like it takes some guts to be bullish on Apple right now.</p><p>Therefore, I want to go over my bull-case to see if it is still intact.</p><p>Here are the main reasons I picked Apple at first and continued accumulating more shares from time to time:</p><ol start=\"1\" style=\"\"><li><p>Apple has the stickiest ecosystem I am aware of. In fact, at first I was weary of Apple&#39;s products and didn&#39;t want to buy one in order to be free from switching one. Then around 10 years ago, I got an iPhone as a present. From then on, I experienced firsthand a much better product and haven&#39;t even thought of switching phone, if not to upgrade my iPhone (usually every 4 years).</p></li><li><p>Apple&#39;s installed base makes its newer and growing service business unique. In fact, being a hardware manufacturer leads to a one-of-a-kind control on the services monetizing the hardware. Meta (META) knows well what we are talking about.</p></li><li><p>Though it seems from one version to the next of each product there is not much innovation, throughout these years Apple&#39;s products have been improved a lot up to the point we start to understand how the Apple Watch could be a game-changer in healthcare. I like Apple&#39;s approach to its products: they are released only when they can be perceived as the top. We will see if the Apple car will ever come to light, but we can bet that if it does, it will be a tough competitor for Tesla (TSLA) and other innovative carmakers.</p></li><li><p>Apple has always been financially disciplined, unlike Google (GOOGL, GOOG) has been until recently. The way it manages stock-based-compensation is a clear example because the company is able to preserve its FCF.</p></li><li><p>In addition to this fourth point, Apple has a clear cash-management strategy it is pursuing. Companies such as Apple sit on a lot of idle cash. This is why Apple is targeting cash neutrality, meaning it wants to have as much cash as debt.</p></li><li><p>To do this, Apple is returning a lot of cash through dividends and, most importantly, huge buybacks of about $90 billion per year, as of late. Many investors believe that, once Apple will reach cash neutrality it will significantly reduce buybacks. I have written an article where I show why I think this won&#39;t happen (Apple: Why Buybacks Won&#39;t Stop Once It Reaches Cash Neutrality) trying to imagine how much FCF Apple will generate by then.</p></li><li><p>Though the largest company in the market and though it is a mature company, Apple&#39;s growth rate keeps on being forecasted around 8-10%. This is top-line growth. In the meantime, Apple&#39;s margins have generally been growing. As Apple enters the fintech space and grows its services there, too, it is reasonable to expect higher margins down the road, in line with the overall trend shown below.</p></li></ol><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3fc3e96ac22287be955a0508f36e5750\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"417\"/><span>Data by YCharts</span></p><h2 id=\"id_809695492\">The Category Apple Belongs To</h2><p>Clearly, Apple belongs to big tech. Its industry is technology, no doubt. And yet, the more I look at Apple, the more I come to consider it as a different type of company.</p><p>It is a breed of its own because it can be seen as a consumer defensive stock and a luxury stock at the same time.</p><p>Let me explain why.</p><p>To me, the best consumer defensive company I know of is Costco (COST). Consumer defensive companies produce and/or distribute consumer staples. These are goods consumers will have to buy out of necessity, regardless of economic conditions. Because of this, investors usually bid up consumer staples multiples given their stability in earnings. In particular, these multiples go up during time of uncertainties or when recessions are looming on the horizon. Now, I dare say Apple is a consumer defensive company too. In fact, as Warren Buffett said, people would rather give up a second car than their iPhone. The iPhone, in particular, has become a good consumers want to have. Actually, as far as I see it, it is not that inappropriate to see that consumers even crave the iPhone.</p><p>But the paradox lies here: the iPhone is a top tier product among smartphones. In its category, it is a luxury item and it is priced accordingly. The same is true for iPads, Macs, AirPods and the rest of Apple product lineup. Apple doesn&#39;t throw out a product unless it can be at the vertex of its category. Therefore, Apple enjoys premiums margins, just like luxury goods producers do. I have come to understanding Apple as a luxury manufacturer through my research on Ferrari (RACE). Part of the strategy between the two companies is similar and it is what makes both of them belong to luxury: they sell only top tier products.</p><p>Just like Costco, Apple is relying more and more on subscriptions. Costco attracts customers by selling goods almost at cost. Apple attracts customers in another way and in this it is more similar to Ferrari. It sells premium goods that make their owners feel good because they have purchased the best and most expensive available product.</p><p>Apple leverages its installed based as it is monetizing it more and more. In other words, Apple considers its sold devices not only as product sales revenue, but also as the key to earn more money from its users during the device lifetime. This is why Apple has started breaking down its revenue between products and services. And, guess what, while product revenue from time to time stagnates, services revenue goes up, just like we saw in the 3Q report. Products net sales decreased from $63.3 billion in 3Q 2022 to $60.6 billion this year (-4.3%). At the same time, services grew from $19.6 billion to $21.2 billion (+8.2%).</p><h2 id=\"id_1284415901\">Seeking recurrent revenue</h2><p>Back in March 2022, Bloomberg reported that Apple is working on a hardware subscription service for the iPhone which would not be equal to the full price split over 24 months, but that would really offer a new way of becoming an iPhone user. However, while this news is promising, we don&#39;t have enough data to make a forecast of the positive impact if will have on Apple.</p><p>Now, in 2016, the average Apple user was estimated to pay $1 per day for hardware and services. According to Katy Huberty, an Apple analyst, in 2022 the average user spent $280 per year on Apple hardware and an additional $69 on services.</p><p>According to the analyst Woodring, Apple users will spend in a few years $2 per day on Apple products or services. At the end of Q3 2023, Apple reported 1 billion paid subscriptions. This means that Apple will see a daily revenue of at least $2 billion, which leads to an annual revenue of $730 billion only from subscriptions, compared to the $394 billion in total sales the company reported for FY 2022.</p><p>Are investors pricing a 2x in sales in a few years? Apple trades at a price/sales ratio of 7. It means Apple&#39;s sales for the next seven years should equal today&#39;s market cap. Assuming sales will stay flat at $400 billion, we have exactly $2.8 trillion in 7 years, which is the current market cap. Therefore, on a price/sales ratio, Apple will only need to increase by a couple of percentage points its top-line and today&#39;s price will seem cheap.</p><h2 id=\"id_51013887\">Valuation</h2><p>Apple has had a nice run this year, with the stock moving all the way from the $120s to almost $200 before it retraced in the $170s.</p><p>What I want to do here is to show why I am not at all concerned with today&#39;s valuation, which I actually think to be fair, if not still a bit cheap. I plan on holding Apple for many decades and possibly hand over my holding to my children.</p><p>I ran two different DCF models. The first one focuses on the next five years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/70859ee6607e6e76829a3d93d8ed9d49\" alt=\"Author, with estimates and TTM data from SA\" title=\"Author, with estimates and TTM data from SA\" tg-width=\"640\" tg-height=\"190\"/><span>Author, with estimates and TTM data from SA</span></p><p>Forecasting a FCF growth around 9% and discounting it at 7.80% (Apple&#39;s WACC is calculated to be 8.80% but I took off one percentage point to award the company a premium), I actually happen to find Apple&#39;s fair price at $200, which gives us already a nice $25 upside (14%). I usually consider a range of +/- 15 percentage points to be the fair price range.</p><p>But let&#39;s zoom out and try to look at what could happen over the next ten years. Here I start from the top-line and then calculate the EBITDA. From here I subtract capex, interest expenses and taxes to get a rough estimate of the generated free cash flow.</p><p>I stayed a bit more conservative and assumed a 7% revenue growth. Estimates are usually above this. I also chose to keep EBITDA margins flat at 33%, even though Apple should see its margins widen as its service business picks up speed. Even on the tax rate I have exceeded because Apple is usually able to pay well below 20%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e348a05637dbf18792966899a82ebff3\" alt=\"Author\" title=\"Author\" tg-width=\"640\" tg-height=\"327\"/><span>Author</span></p><p>In any case, let&#39;s look at some numbers and see if they are really concerning. Apple currently has a $2.7 trillion market cap. In the next decade it should generated at least $1.3 trillion in free cash flow. If we add in the terminal value (forecasted FCF of 2034 / discount rate - perpetual growth rate) we have a DCF value of almost $6.5 trillion. I am not kidding when I do believe Apple can reach this market cap within the decade. I actually believe we will see even better numbers than the ones in this model as Apple over the long-term usually overdelivers.</p><h2 id=\"id_774028483\">Conclusion</h2><p>Can Apple 2x once again? Yes. Will it happen soon? Maybe not. Will Apple over the long-term generate an enormous amount of FCF? Yes. Is this really at risk? Not particularly. Is there a specific reason to worry about Apple&#39;s business and its trajectory? I don&#39;t see any substantial weakness in the company. Is there a real threat to Apple&#39;s brand appeal and its dominance? No.</p><p>There are times when much buzz is made around a stock. People will sell it out of fear and it will probably be Apple itself that will buy those shares from them.</p><p>Patience is key in investing. Being invested in Apple requires some patience to let it compound year after year. As for me, I think Apple will do just fine and I am actually considering this new dip as another opportunity to buy a few more shares.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Once Again \"Apple's Best Days Seem Behind\", But I Disagree</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOnce Again \"Apple's Best Days Seem Behind\", But I Disagree\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-26 11:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of ...</p>\n\n<a href=\"https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0823414478.USD":"法巴经典能源转换基金","LU0070302665.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4592":"伊斯兰概念","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0786609619.USD":"高盛全球千禧一代股票组合Acc","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","BK4507":"流媒体概念","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU2360032135.SGD":"ALLSPRING GLOBAL EQUITY ENHANCED INCOME \"A\" (SGDHDG) INC","AAPL":"苹果","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4501":"段永平概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0072462426.USD":"贝莱德全球配置 A2","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0080751232.USD":"富达环球多元动力基金A","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","BK4505":"高瓴资本持仓","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU2125154935.USD":"ALLSPRING (LUX) WF GLOBAL EQUITY ENHANCED INCOME \"I\" (USD) INC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4504":"桥水持仓","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4099":"汽车制造商","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD"},"source_url":"https://seekingalpha.com/article/4637072-once-again-apples-best-days-seem-behind-but-i-disagree","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2370257737","content_text":"Apple is once again hit by the narrative seeing its best days behind.Concerning news have caused a pullback.Yet, if we look at what the company can deliver over the next decade, the present value of the discounted free cash flows is staggering.Justin Sullivan/Getty Images NewsIntroductionFor the first time since I have been a Seeking Alpha user, I am seeing quite a bit of controversy on Apple (NASDAQ:AAPL). Ratings range from sell to buy every day, while until a few months ago, the consensus I usually saw was to go long this stock. As an investor who has Apple as its second largest holding, I have gone over my investment to check if the reasons I started it are still there or not.Recent concernsThere has been a lot going on:China banned the use of iPhones to government employees.France halted the sales of iPhone 12 because of concerns related to radiation levels.Disappointment as Apple debuted iPhone 15 and iPhone 15 Plus.Mixed takes over iPhone salesExpensive valuationRegarding iPhone 15 sales, we have seen UBS saying initial demand for iPhone was mixed at best, while Wedbush sees very strong demand, just like CNN reported.At the same time, Apple keeps on talking very little about AI during its earnings calls or events, ruling itself out of the AI-frenzy that has pushed the market up in the first half of the year. To be fair, Apple does talk about machine learning, but this seems less catchy than AI.In addition, even the release of the Vision Pro didn't excite the market. Furthermore, current estimates see Apple's revenue declining this year and then grow at an 8% CAGR for the rest of the decade. According to many, Apple is becoming a stalwart, not growing anymore at a pace that justifies its valuation.Yes, valuation is understandably a major concern. In fact, most people agree in considering Apple a great company, way better than the average one. However, investors start debating when it comes to valuation. Seeking Alpha Quant Rating gives Apple an F as a valuation grade. Yet, its 28.7 fwd PE is rated with a C, as well as its fwd price/FCF now at 23.7.And Yet...Following the news of the ban in China, the stock dropped several percentage points. And yet, as soon as the iPhone 15 was available people in China flocked to the Apple stores.The issue in France will lead Apple to provide an iPhone 12 software update. But we should also know that, on average, only 30% of iPhone users hold on to their phone three years or longer. Since the iPhone 12 was released in September 2020, in the next year around 70% of those who purchased in its first year of release should be upgrading to a new version which will likely be the iPhone 15.In the most recent earnings call, Apple's CFO Luca Maestri openly said that the company's installed base counts more than 2 billion active devices establishing \"a solid foundation for the future expansion of the ecosystem\".Customer engagement is growing as there are more transacting accounts and paid accounts. Another 150 million paid subscriptions were added in the last 12 months, a 2x in just 3 years.Apple's valuation seems expensive, but when we look at the FCF Yield, we see a very interesting 3.9%, which, all of a sudden, doesn't make the stock seem that expensive, even when factoring in SBCs.Why I am invested in AppleThe aforementioned concerns are all over the media. YouTube is no different. Even on Seeking Alpha, sell ratings have increased.It seems like it takes some guts to be bullish on Apple right now.Therefore, I want to go over my bull-case to see if it is still intact.Here are the main reasons I picked Apple at first and continued accumulating more shares from time to time:Apple has the stickiest ecosystem I am aware of. In fact, at first I was weary of Apple's products and didn't want to buy one in order to be free from switching one. Then around 10 years ago, I got an iPhone as a present. From then on, I experienced firsthand a much better product and haven't even thought of switching phone, if not to upgrade my iPhone (usually every 4 years).Apple's installed base makes its newer and growing service business unique. In fact, being a hardware manufacturer leads to a one-of-a-kind control on the services monetizing the hardware. Meta (META) knows well what we are talking about.Though it seems from one version to the next of each product there is not much innovation, throughout these years Apple's products have been improved a lot up to the point we start to understand how the Apple Watch could be a game-changer in healthcare. I like Apple's approach to its products: they are released only when they can be perceived as the top. We will see if the Apple car will ever come to light, but we can bet that if it does, it will be a tough competitor for Tesla (TSLA) and other innovative carmakers.Apple has always been financially disciplined, unlike Google (GOOGL, GOOG) has been until recently. The way it manages stock-based-compensation is a clear example because the company is able to preserve its FCF.In addition to this fourth point, Apple has a clear cash-management strategy it is pursuing. Companies such as Apple sit on a lot of idle cash. This is why Apple is targeting cash neutrality, meaning it wants to have as much cash as debt.To do this, Apple is returning a lot of cash through dividends and, most importantly, huge buybacks of about $90 billion per year, as of late. Many investors believe that, once Apple will reach cash neutrality it will significantly reduce buybacks. I have written an article where I show why I think this won't happen (Apple: Why Buybacks Won't Stop Once It Reaches Cash Neutrality) trying to imagine how much FCF Apple will generate by then.Though the largest company in the market and though it is a mature company, Apple's growth rate keeps on being forecasted around 8-10%. This is top-line growth. In the meantime, Apple's margins have generally been growing. As Apple enters the fintech space and grows its services there, too, it is reasonable to expect higher margins down the road, in line with the overall trend shown below.Data by YChartsThe Category Apple Belongs ToClearly, Apple belongs to big tech. Its industry is technology, no doubt. And yet, the more I look at Apple, the more I come to consider it as a different type of company.It is a breed of its own because it can be seen as a consumer defensive stock and a luxury stock at the same time.Let me explain why.To me, the best consumer defensive company I know of is Costco (COST). Consumer defensive companies produce and/or distribute consumer staples. These are goods consumers will have to buy out of necessity, regardless of economic conditions. Because of this, investors usually bid up consumer staples multiples given their stability in earnings. In particular, these multiples go up during time of uncertainties or when recessions are looming on the horizon. Now, I dare say Apple is a consumer defensive company too. In fact, as Warren Buffett said, people would rather give up a second car than their iPhone. The iPhone, in particular, has become a good consumers want to have. Actually, as far as I see it, it is not that inappropriate to see that consumers even crave the iPhone.But the paradox lies here: the iPhone is a top tier product among smartphones. In its category, it is a luxury item and it is priced accordingly. The same is true for iPads, Macs, AirPods and the rest of Apple product lineup. Apple doesn't throw out a product unless it can be at the vertex of its category. Therefore, Apple enjoys premiums margins, just like luxury goods producers do. I have come to understanding Apple as a luxury manufacturer through my research on Ferrari (RACE). Part of the strategy between the two companies is similar and it is what makes both of them belong to luxury: they sell only top tier products.Just like Costco, Apple is relying more and more on subscriptions. Costco attracts customers by selling goods almost at cost. Apple attracts customers in another way and in this it is more similar to Ferrari. It sells premium goods that make their owners feel good because they have purchased the best and most expensive available product.Apple leverages its installed based as it is monetizing it more and more. In other words, Apple considers its sold devices not only as product sales revenue, but also as the key to earn more money from its users during the device lifetime. This is why Apple has started breaking down its revenue between products and services. And, guess what, while product revenue from time to time stagnates, services revenue goes up, just like we saw in the 3Q report. Products net sales decreased from $63.3 billion in 3Q 2022 to $60.6 billion this year (-4.3%). At the same time, services grew from $19.6 billion to $21.2 billion (+8.2%).Seeking recurrent revenueBack in March 2022, Bloomberg reported that Apple is working on a hardware subscription service for the iPhone which would not be equal to the full price split over 24 months, but that would really offer a new way of becoming an iPhone user. However, while this news is promising, we don't have enough data to make a forecast of the positive impact if will have on Apple.Now, in 2016, the average Apple user was estimated to pay $1 per day for hardware and services. According to Katy Huberty, an Apple analyst, in 2022 the average user spent $280 per year on Apple hardware and an additional $69 on services.According to the analyst Woodring, Apple users will spend in a few years $2 per day on Apple products or services. At the end of Q3 2023, Apple reported 1 billion paid subscriptions. This means that Apple will see a daily revenue of at least $2 billion, which leads to an annual revenue of $730 billion only from subscriptions, compared to the $394 billion in total sales the company reported for FY 2022.Are investors pricing a 2x in sales in a few years? Apple trades at a price/sales ratio of 7. It means Apple's sales for the next seven years should equal today's market cap. Assuming sales will stay flat at $400 billion, we have exactly $2.8 trillion in 7 years, which is the current market cap. Therefore, on a price/sales ratio, Apple will only need to increase by a couple of percentage points its top-line and today's price will seem cheap.ValuationApple has had a nice run this year, with the stock moving all the way from the $120s to almost $200 before it retraced in the $170s.What I want to do here is to show why I am not at all concerned with today's valuation, which I actually think to be fair, if not still a bit cheap. I plan on holding Apple for many decades and possibly hand over my holding to my children.I ran two different DCF models. The first one focuses on the next five years.Author, with estimates and TTM data from SAForecasting a FCF growth around 9% and discounting it at 7.80% (Apple's WACC is calculated to be 8.80% but I took off one percentage point to award the company a premium), I actually happen to find Apple's fair price at $200, which gives us already a nice $25 upside (14%). I usually consider a range of +/- 15 percentage points to be the fair price range.But let's zoom out and try to look at what could happen over the next ten years. Here I start from the top-line and then calculate the EBITDA. From here I subtract capex, interest expenses and taxes to get a rough estimate of the generated free cash flow.I stayed a bit more conservative and assumed a 7% revenue growth. Estimates are usually above this. I also chose to keep EBITDA margins flat at 33%, even though Apple should see its margins widen as its service business picks up speed. Even on the tax rate I have exceeded because Apple is usually able to pay well below 20%.AuthorIn any case, let's look at some numbers and see if they are really concerning. Apple currently has a $2.7 trillion market cap. In the next decade it should generated at least $1.3 trillion in free cash flow. If we add in the terminal value (forecasted FCF of 2034 / discount rate - perpetual growth rate) we have a DCF value of almost $6.5 trillion. I am not kidding when I do believe Apple can reach this market cap within the decade. I actually believe we will see even better numbers than the ones in this model as Apple over the long-term usually overdelivers.ConclusionCan Apple 2x once again? Yes. Will it happen soon? Maybe not. Will Apple over the long-term generate an enormous amount of FCF? Yes. Is this really at risk? Not particularly. Is there a specific reason to worry about Apple's business and its trajectory? I don't see any substantial weakness in the company. Is there a real threat to Apple's brand appeal and its dominance? No.There are times when much buzz is made around a stock. People will sell it out of fear and it will probably be Apple itself that will buy those shares from them.Patience is key in investing. Being invested in Apple requires some patience to let it compound year after year. As for me, I think Apple will do just fine and I am actually considering this new dip as another opportunity to buy a few more shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221953296617568,"gmtCreate":1695215110489,"gmtModify":1695215113183,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"1\"></v-v> I'm capitalist invest with intelligent, when people panic you should greed . Simple as that&nbsp;","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"1\"></v-v> I'm capitalist invest with intelligent, when people panic you should greed . Simple as that&nbsp;","text":"$NIO Inc.(NIO)$ I'm capitalist invest with intelligent, when people panic you should greed . Simple as that","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221953296617568","isVote":1,"tweetType":1,"viewCount":982,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188966209355784,"gmtCreate":1687159849081,"gmtModify":1687159853203,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"htmlText":"Later at night up again lol","listText":"Later at night up again lol","text":"Later at night up again lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188966209355784","repostId":"2344173579","repostType":2,"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947786021,"gmtCreate":1683609553664,"gmtModify":1683609559259,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"htmlText":"Happy","listText":"Happy","text":"Happy","images":[{"img":"https://community-static.tradeup.com/news/43923370f35172b6d4625750387be969","width":"1170","height":"2532"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947786021","isVote":1,"tweetType":1,"viewCount":210,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9922464341,"gmtCreate":1671821178783,"gmtModify":1676538599801,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a> btw bullish trend&nbsp;","listText":"<a href=\"https://ttm.financial/S/TQQQ\">$Nasdaq100 Bull 3X ETF(TQQQ)$&nbsp;</a> btw bullish trend&nbsp;","text":"$Nasdaq100 Bull 3X ETF(TQQQ)$ btw bullish trend","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9922464341","isVote":1,"tweetType":1,"viewCount":429,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910377123,"gmtCreate":1663566560462,"gmtModify":1676537292120,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"htmlText":"good to see that . So that the company have more cash holdings and implement somewhere else","listText":"good to see that . So that the company have more cash holdings and implement somewhere else","text":"good to see that . So that the company have more cash holdings and implement somewhere else","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910377123","repostId":"2268954726","repostType":2,"repost":{"id":"2268954726","pubTimestamp":1663566441,"share":"https://ttm.financial/m/news/2268954726?lang=&edition=fundamental","pubTime":"2022-09-19 13:47","market":"us","language":"en","title":"Sea Plans to Fire 3% of Shopee Indonesia Staff","url":"https://stock-news.laohu8.com/highlight/detail?id=2268954726","media":"Bloomberg","summary":"Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regiona","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.</p><p>The Singapore-based company will begin notifying affected staff Monday at its cash-burning e-commerce arm Shopee, according to an internal memo seen by Bloomberg News. Overall, Sea plans to reduce headcount at the division by a low-single-digit percentage, a person familiar with the matter said, asking to remain anonymous discussing internal actions.</p><p>Sea management announced the impending layoffs during a town hall for affected teams on Monday, without divulging precise details. The company intends to offer severance packages and assistance to affected staff members, according to the memo.</p><p>“These changes are part of our ongoing efforts to optimise operating efficiency with the goal of achieving self-sufficiency across our business,” Shopee said in an e-mailed statement, without elaborating.</p><p>Sea has lost about $170 billion of market value since an October high on questions about its money-making prospects in an era of rising interest rates and intensifying competition from Alibaba Group Holding Ltd. in its Asian stronghold.</p><p>Last week, billionaire co-founder Forrest Li announced in an internal memo top management will forgo their salaries and tighten company expense policies, as the company, which counts Tencent Holdings Ltd. as its biggest investor, tries to shield itself from the economic slowdown.</p><p>Sea’s Shopee division, in particular, has pulled back from major markets in Europe and Latin America, in addition to getting banned from India because of rising tensions with Chinese companies. Southeast Asia’s largest tech firm is planning to reduce headcount in gaming -- its most profitable division -- and new ventures at its research and development arm, Bloomberg News has reported.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Plans to Fire 3% of Shopee Indonesia Staff</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Plans to Fire 3% of Shopee Indonesia Staff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-19 13:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.The Singapore-based company ...</p>\n\n<a href=\"https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","BABA":"阿里巴巴"},"source_url":"https://finance.yahoo.com/news/sea-plans-fire-3-shopee-052606777.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2268954726","content_text":"Sea Ltd. is preparing to fire 3% of Shopee employees in Indonesia, part of a broader wave of regional job cuts intended to curb ballooning losses and win back investors.The Singapore-based company will begin notifying affected staff Monday at its cash-burning e-commerce arm Shopee, according to an internal memo seen by Bloomberg News. Overall, Sea plans to reduce headcount at the division by a low-single-digit percentage, a person familiar with the matter said, asking to remain anonymous discussing internal actions.Sea management announced the impending layoffs during a town hall for affected teams on Monday, without divulging precise details. The company intends to offer severance packages and assistance to affected staff members, according to the memo.“These changes are part of our ongoing efforts to optimise operating efficiency with the goal of achieving self-sufficiency across our business,” Shopee said in an e-mailed statement, without elaborating.Sea has lost about $170 billion of market value since an October high on questions about its money-making prospects in an era of rising interest rates and intensifying competition from Alibaba Group Holding Ltd. in its Asian stronghold.Last week, billionaire co-founder Forrest Li announced in an internal memo top management will forgo their salaries and tighten company expense policies, as the company, which counts Tencent Holdings Ltd. as its biggest investor, tries to shield itself from the economic slowdown.Sea’s Shopee division, in particular, has pulled back from major markets in Europe and Latin America, in addition to getting banned from India because of rising tensions with Chinese companies. Southeast Asia’s largest tech firm is planning to reduce headcount in gaming -- its most profitable division -- and new ventures at its research and development arm, Bloomberg News has reported.","news_type":1},"isVote":1,"tweetType":1,"viewCount":106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9016612553,"gmtCreate":1649180928972,"gmtModify":1676534464446,"author":{"id":"3578228675225721","authorId":"3578228675225721","name":"DCGI","avatar":"https://community-static.tradeup.com/news/43681f9bfc6783fce43a7a2f5496b88c","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578228675225721","authorIdStr":"3578228675225721"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>This is damn sucks&nbsp;","listText":"<a href=\"https://ttm.financial/S/RIVN\">$Rivian Automotive, Inc.(RIVN)$</a>This is damn sucks&nbsp;","text":"$Rivian Automotive, Inc.(RIVN)$This is damn sucks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016612553","isVote":1,"tweetType":1,"viewCount":360,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}