Skip to Content »

Investment prospects of Apple

  • December 23rd, 2012

I remember my wife Cathy puzzling over the high share price of Telecom years ago (and a little later Telstra) when her customer experience was awful. Telecom kept cranking out profits for its owners while the call centre performance filled a nationwide reservoir of hatred. When the Cunliffe interventions broke the dam, Telecom had no friends.

Telecom directors were astounded by the casual ease with which politicians abandoned them. They thought that years of "hospitality" and friendly contact meant the politicians were largely onside, or at least neutral. But politicians in healthy democracies stay aware of popular feeling. No amount of lobbying will protect a monopoly that has become loathed.

My market lead indicator, Cathy is giving early warning signals on Apple. Her new iPhone 5 would not acquire or hold wi-fi in parts of Asia recently. She is now in a chat group of thousands of very angry iPhone 5 owners. Their similar experiences, including  with their own home wi-fi that continues to work well on other Apple products are generating a wave of discontent. Add to that the arrogant decision to use a new charging and connection plug design that has rendered obsolete the myriad devices built to fit iPad and iPhone connectors, and Apple seems to me to be well overdue a re-rating, irrespective of its product pipeline.

They will get their come-uppance for disrespect to consumers.

Note – for the bozos who made it illegal in NZ to use freedom of speech to exchange views on matters of investment, I do not hold any Apple shares, and have no intention or expectation of changing anyone else's investment intentions with respect to Apple. I just want to have a public record of my view at a time when Apple is the most valuable company in the world, so that in  a short time I can say "I told you so".



Love the footnote.

  • Horace the Grump
  • December 23rd, 2012
  • 8:03 pm


You may note that Apple in the past few days has released a software update for the iPhone that addresses WiFi issues – which may solve your wife’s problem.

I have an iPhone 5 and I couldn’t be happier with it – I guess the old disclaimer applies – individual experiences may vary.

As for the new connector – you should note that Apple has a history of throwing old technology under the bus – the first iMac’s were released without floppy drives and with then new fangled USB ports…

The new connectors are a lot more robust (the 30 pin connector is quite fragile and prone to breaking) and is now controlled by software rather that having its functionality baked into the pin connectors…

It may be a pain today, but that’s what you get when you buy the leading edge technology….

More power to Apple – their kit is simply the best out there (even if it isn’t perfect)…


Android, Google, Samsung


Android, Google, Samsung,

  • torikul
  • February 11th, 2013
  • 10:54 pm

good foot

Leave your comments:

* Required fields. Your e-mail address will not be published on this site

You can use the following HTML tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>