How Much Cash do the FAANG Stocks Have?
I think a group of stocks I call the NAMPOF, or NAMPOM, is an excellent alternative to the FAANG.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
I think a group of stocks I call the NAMPOF, or NAMPOM, is an excellent alternative to the FAANG.
Read MoreThe primary function of today’s Apple is to sell gadgets through the Apple Store, not make software. My suspicion is that Cook wants to concentrate on hardware rather than software because Apple makes money from software.
Read MoreHence, I think there will be no herd immunity to COVID-19 until the end of 2021 at the earliest. Herd immunity is the point at which a large portion of the population is immune to coronavirus.
Read MoreThus, Apple Pay now has similarities to a bank. To explain you can now pay bills, transfer money, access saving accounts, access checking accounts, and lines of credits through Apple Pay.
Read MoreThus, Jeff Bezos’ actual genius is not in retail or discounting but in saving time. Consequently, Amazon Prime offers one stop shopping, delivery, music, and streaming video.
Read MoreThus, coronavirus is both a crisis and an opportunity at Apple. The opportunity is more demand for its products and services. The crisis is disrupted supply chains and lower demands for some products.
Read MoreMicrosoft is a far better candidate for FAANG membership than Netflix.
Read MoreThus you could buy over four shares of NAMPOF for the cost of one unit of FAANG. To elaborate, $876.46 multiplied by four is $3,543.80. Meanwhile the combined cost of FAANG was $3,779.46 on 13 September 2019.
Read More“We’re watching cryptocurrency,” Jennifer Bailey, reportedly said to Christine Romans. “We think it’s interesting. We think it has interesting long-term potential.”
Read MoreHaving money to burn allows Apple to enter risky ventures like Show Business. In particular, I think Apple is able to do serious damage to Netflix (NASDAQ: NFLX).
To enumerate, Apple can afford to hire big stars, major directors, and expensive talent to produce high-quality programming without affecting its bottom line. In particular, Apple can cut large checks to stars and creators and avoid paying them royalties or a cut of the profits.
For example, Applecould write a $30 million or $40 million check to Robert Downey Jr. or Jackie Chan for a starring role. Hence, Apple can buy a lot of exclusive content with a readymade audience.
Uniquely, Apple can create exclusive content just for Apple TV or iTunes. Then give it away as a loss leader to buyers of its products. For instance, the only place you will see the next Robert Downey Jr. movie is on Apple TV.
On the other hand, Netflix reported $3.067 billion in cash and short-term investments on 30 September 2018. Thus, Netflix will have to pay talent in royalties or a cut of the profits.
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