Armen Chakmakjian

Archive for March, 2012|Monthly archive page

AAPL: So here’s a question for you business types…

In Business & Finance, technology on March 22, 2012 at 12:27 am

I recently read that one of the reasons that Apple stock may only be trading at 12x forward earnings is because they don’t have a model with recurring revenues.  they get all their positive cash flow by acquisition.

Hmmm…if what they are saying is that because apple doesn’t really sell software (or hardware) on some sort of a subscription model, I can see that.

 

But what if you owned a company that by its very nature sells to both the same people and newly acquired people in a model that includes selling hardware (and the associated software) to people AS IF they were on a subscription model.  Every 2 years a new phone.  Every year a new iPad.  Every 3 years a new mac.  Every month an album or a movie.   I wonder if we rethought their product turnover as essentially a non-binding subscription model.

Do you think that the Forward PE would be different? higher?

Just thinking…

Urtaru – on Kindle – Free once again for a short time

In Random on March 16, 2012 at 11:41 pm

I’m running another free promotion on the Kindle platform for my book.  It’s actually been running since yesterday and until Midnight tonight Pacific Standard Time!

Free entertainment, such a deal!   http://www.amazon.com/Urtaru-The-Chronicles-ebook/dp/B001J6OV1S

Who best represents all republicans is a riddle, wrapped in a mystery, inside an enigma (Thanks Winston)

In Famous Quotes, politics, Religion on March 11, 2012 at 3:35 am

I thought this chart kinda funny.   So the main argument that both Newt and Rick make is that it’s obvious that the conservative base of the republican party would never elect Mitt, and that if you combine their polling, you see that Mr. Conservative would have 44% of the vote.  And if you add in Ron the Libertarian, that’s 54% anti-Mitt.

I’d like to note that if you change the math, and you add Ron and Mitt’s polling, you get 49% of party faithful are not tacking hard right, while only 44% are.  HMMMM…that sounds like the splintered republican party is actually 49% against those who profess to represent hard core right wing positions AKA anti-RewTNick.

A secondary conundrum I’m trying to figure out how (and I can say this being raised as a Catholic), how two Catholic (one by birth one by choice) candidates are vying for the right wing of the party that is clearly evangelical and hostile to the Catholic church (and as you may or may not know many fiery a preacher equates the harlot in Revelations with the See of Rome).

The whole thing seems kinda odd to me and a recipe for defeat.   Anyway, as someone once said, there are lies, damn lies and statistics…