I've had my iPad 2 since Friday and i've had a chance to play with it. Here are some first impressions:
-It's unbelievably smooth and fast.
-The new gyroscope is pretty cool. When playing Jenga, you spin around to go around the tower of blocks.
-The cameras are pretty awful, but work fine for what they are intended to do.
-Watching Netflix and Xfinity on it is awesome. Netflix needs to beef up their streaming library though.
-There are reports that there are light leakage issues around the edges and corners. I notice it a little in mine, but it's not terrible. I might try exchanging it for a new one, but I haven't lost any sleep over it.
-The lack of Adobe Flash doesn't bother me one bit. I have not run into any problems surfing the internet, plus there are apps that convert flash to HTML5 that can be downloaded in the App Store.
All in all, I think buying the iPad 2 was a great decision. I love it. It's simple to use but is extremely useful in so many little ways. I think it's going to be a huge windfall for Apple. I just went with the wifi only 16gb version because I don't need to use it for holding tons of music and videos. I primarily use it for apps, streaming music from my itunes or pandora, watching movies on Netflix, and playing games. Words with friends is my favorite. If you wanna play, hit me up. Username is Flenjamin.
Disclosure: I may or may not own any of the securities mentioned and am not an investment advisor. Please do your own due diligence before investing in any securities mentioned.
Showing posts with label NFLX. Show all posts
Showing posts with label NFLX. Show all posts
Sunday, March 13, 2011
Thursday, January 27, 2011
NFLX
Netflix has been one of the hottest stocks over the past year, going from $48-$211. It is up $25 today after reporting earnings last night. Probably people covering their short positions as 25% of the float is short. It currently trades at 78X trailing earnings and has a forward p/e of 54.
I wish I had bought a ticket for the NFLX train a year ago, however, it is getting pretty crowded now and people should get off while they still can. A few problems that could cause Netflix to slip up in the future are:
1. streaming content is weak. New movies come out 30 days later than Redbox, and typically don't come out on streaming until 6 mos later. As NFLX forces subscribers to streaming only plans, they need to come up with more popular content or risk losing those subscribers.
2. Future margins are going to be squeezed as content owners demand more money for the right to license their content. If netflix wants the best content, they are going to have to pay a lot more for it then they are currently paying.
3. Expectations are so high on netflix that the slightest miss in earnings could cause a massive plunge as it is one of the more heavily shorted stocks around.
I think one way to play this is buying Jan 12 200/190 vertical put spreads. These costs around $500 and will return $500 if NFLX is below $190 come January 2012. If it keeps rallying you will lose the entire $500.
I wish I had bought a ticket for the NFLX train a year ago, however, it is getting pretty crowded now and people should get off while they still can. A few problems that could cause Netflix to slip up in the future are:
1. streaming content is weak. New movies come out 30 days later than Redbox, and typically don't come out on streaming until 6 mos later. As NFLX forces subscribers to streaming only plans, they need to come up with more popular content or risk losing those subscribers.
2. Future margins are going to be squeezed as content owners demand more money for the right to license their content. If netflix wants the best content, they are going to have to pay a lot more for it then they are currently paying.
3. Expectations are so high on netflix that the slightest miss in earnings could cause a massive plunge as it is one of the more heavily shorted stocks around.
I think one way to play this is buying Jan 12 200/190 vertical put spreads. These costs around $500 and will return $500 if NFLX is below $190 come January 2012. If it keeps rallying you will lose the entire $500.