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Foreverhuat
Foreverhuat
·
2021-12-22
Ok
Amgen's Otezla Wins FDA Approval For Psoriasis, Regardless Of Severity Level<blockquote>安进(Amgen)的Otezla获得FDA批准治疗银屑病，无论严重程度如何</blockquote>
The FDA has approved Amgen Inc's Otezla (apremilast) to treat adult patients with plaque psoriasis w
Amgen's Otezla Wins FDA Approval For Psoriasis, Regardless Of Severity Level<blockquote>安进(Amgen)的Otezla获得FDA批准治疗银屑病，无论严重程度如何</blockquote>
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Foreverhuat
Foreverhuat
·
2021-12-20
Yup
非常抱歉，此主贴已删除
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Foreverhuat
Foreverhuat
·
2021-12-15
Wa
非常抱歉，此主贴已删除
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Foreverhuat
Foreverhuat
·
2021-12-07
Oo
Apple: A True 'Never Sell' Position<blockquote>苹果：真正的“永不出售”立场</blockquote>
Summary With $315B in authorized share buybacks and a 0.6% yield, Apple should return 4.3% on share
Apple: A True 'Never Sell' Position<blockquote>苹果：真正的“永不出售”立场</blockquote>
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Foreverhuat
Foreverhuat
·
2021-12-06
Not bad
Will Apple Stock Fly or Fall in 2022?<blockquote>2022年苹果股票会飞还是跌？</blockquote>
Supply chain challenges and weak demand could derail the iPhone maker.
Will Apple Stock Fly or Fall in 2022?<blockquote>2022年苹果股票会飞还是跌？</blockquote>
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Foreverhuat
Foreverhuat
·
2021-12-05
Cool
US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>
The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billi
US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>
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Foreverhuat
Foreverhuat
·
2021-12-04
Yo
US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>
The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billi
US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>
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Foreverhuat
Foreverhuat
·
2021-12-03
Mmm
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Foreverhuat
Foreverhuat
·
2021-12-02
Wah
Ride-hailing firm stocks jumped in morning trading<blockquote>网约车公司股价早盘上涨</blockquote>
Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%. U.S. ride-hailin
Ride-hailing firm stocks jumped in morning trading<blockquote>网约车公司股价早盘上涨</blockquote>
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Foreverhuat
Foreverhuat
·
2021-11-29
Also
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Five times as many adults receiving oral Otezla 30 achieved the primary endpoint of Static Physician's Global Assessment response at week 16 compared to placebo (21.6% versus 4.1%).</li> <li>Otezla is approved for three indications in the U.S.</li> <li><b>Price Action:</b> AMGN shares closed at $219.99 on Monday.</li> </ul></p><p><blockquote><ul><li>随着这一扩大适应症，Otezla现在是第一个也是唯一一个被批准用于所有严重程度（包括轻度、中度和重度）斑块型银屑病成人患者的口服治疗方法。</li><li>FDA的批准是基于3期先期试验数据。与安慰剂相比，接受口服Otezla 30的成人在第16周达到静态医生总体评估反应的主要终点的人数是安慰剂的五倍（21.6%对4.1%）。</li><li>Otezla在美国被批准用于三种适应症。</li><li><b>价格走势：</b>AMGN股价周一收于219.99美元。</li></ul></blockquote></p><p></p>","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>Amgen's Otezla Wins FDA Approval For Psoriasis, Regardless Of Severity Level<blockquote>安进(Amgen)的Otezla获得FDA批准治疗银屑病，无论严重程度如何</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nAmgen's Otezla Wins FDA Approval For Psoriasis, Regardless Of Severity Level<blockquote>安进(Amgen)的Otezla获得FDA批准治疗银屑病，无论严重程度如何</blockquote>\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\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 smaller\">2021-12-21 22:48</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<p>The FDA has approved <b>Amgen Inc's</b> Otezla (apremilast) to treat adult patients with plaque psoriasis who are candidates for phototherapy or systemic therapy.</p><p><blockquote>FDA已批准<b>安进公司</b>Otezla（apremilast）治疗适合光疗或全身治疗的斑块型银屑病成年患者。</blockquote></p><p> <ul> <li>With this expanded indication, Otezla is now the first and only oral treatment approved in adult patients with plaque psoriasis across all severities, including mild, moderate, and severe.</li> <li>The FDA approval is based on Phase 3 ADVANCE trial data. Five times as many adults receiving oral Otezla 30 achieved the primary endpoint of Static Physician's Global Assessment response at week 16 compared to placebo (21.6% versus 4.1%).</li> <li>Otezla is approved for three indications in the U.S.</li> <li><b>Price Action:</b> AMGN shares closed at $219.99 on Monday.</li> </ul></p><p><blockquote><ul><li>随着这一扩大适应症，Otezla现在是第一个也是唯一一个被批准用于所有严重程度（包括轻度、中度和重度）斑块型银屑病成人患者的口服治疗方法。</li><li>FDA的批准是基于3期先期试验数据。与安慰剂相比，接受口服Otezla 30的成人在第16周达到静态医生总体评估反应的主要终点的人数是安慰剂的五倍（21.6%对4.1%）。</li><li>Otezla在美国被批准用于三种适应症。</li><li><b>价格走势：</b>AMGN股价周一收于219.99美元。</li></ul></blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMGN":"安进"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198919837","content_text":"The FDA has approved Amgen Inc's Otezla (apremilast) to treat adult patients with plaque psoriasis who are candidates for phototherapy or systemic therapy.\n\nWith this expanded indication, Otezla is now the first and only oral treatment approved in adult patients with plaque psoriasis across all severities, including mild, moderate, and severe.\nThe FDA approval is based on Phase 3 ADVANCE trial data. Five times as many adults receiving oral Otezla 30 achieved the primary endpoint of Static Physician's Global Assessment response at week 16 compared to placebo (21.6% versus 4.1%).\nOtezla is approved for three indications in the U.S.\nPrice Action: AMGN shares closed at $219.99 on Monday.","news_type":1,"symbols_score_info":{"AMGN":0.9}},"isVote":1,"tweetType":1,"viewCount":2671,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":693025426,"gmtCreate":1639940791482,"gmtModify":1639940791786,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Yup","listText":"Yup","text":"Yup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/693025426","repostId":"2192903795","repostType":4,"isVote":1,"tweetType":1,"viewCount":2486,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607801895,"gmtCreate":1639520930455,"gmtModify":1639520930694,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Wa","listText":"Wa","text":"Wa","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607801895","repostId":"1155236279","repostType":4,"isVote":1,"tweetType":1,"viewCount":3068,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606593258,"gmtCreate":1638890301420,"gmtModify":1638890301682,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606593258","repostId":"1162682713","repostType":4,"repost":{"id":"1162682713","kind":"news","pubTimestamp":1638887298,"share":"https://www.laohu8.com/m/news/1162682713?lang=zh_CN&edition=full","pubTime":"2021-12-07 22:28","market":"us","language":"en","title":"Apple: A True 'Never Sell' Position<blockquote>苹果：真正的“永不出售”立场</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1162682713","media":"Seeking Alpha","summary":"Summary\n\nWith $315B in authorized share buybacks and a 0.6% yield, Apple should return 4.3% on share","content":"<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>With $315B in authorized share buybacks and a 0.6% yield, Apple should return 4.3% on shareholder-friendly practices alone.</li> <li>In addition, the company will still see double-digit growth in wearables and services, even if iPhone slows down a little.</li> <li>The Apple ecosystem also stands to get more intertwined with a potential Apple Car and AR/VR plays.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/404c4a2883110ed556fd9700c5cffb83\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>CatLane/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>凭借315B美元的授权股票回购和0.6%的收益率，苹果仅通过股东友好做法就应该获得4.3%的回报。</li><li>此外，该公司在可穿戴设备和服务方面仍将出现两位数的增长，即使iPhone稍微放缓。</li><li>苹果生态系统也将与潜在的苹果汽车和AR/VR游戏更加紧密地交织在一起。</li></ul><p class=\"t-img-caption\"><span>CatLane/iStock未通过Getty Images发布</span></p></blockquote></p><p> At an almost $3T market cap, I am still a holder of Apple (AAPL). While I absolutely wish I would have bought more of this powerhouse in years past, I've made do with incremental gains from dividend reinvestment.</p><p><blockquote>虽然市值接近3T美元，但我仍然是苹果(AAPL)的持有者。虽然我绝对希望在过去几年里购买更多这家巨头的股票，但我还是通过股息再投资获得了增量收益。</blockquote></p><p> The news cycle would have you believe that this behemoth has head-winds galore, and that the downfall could come any day now. With limited risk and potential galore, is the company worth buying today?</p><p><blockquote>新闻周期会让你相信这个庞然大物有很多阻力，垮台随时都可能到来。由于风险有限且潜力巨大，该公司今天值得购买吗？</blockquote></p><p> <b>Limited Risk</b></p><p><blockquote><b>风险有限</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fe4e9d4f4aca197052840240959df43\" tg-width=\"640\" tg-height=\"831\" width=\"100%\" height=\"auto\"><span>Image: Forbes magazine cover, 2007</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片：福布斯杂志封面，2007年</span></p></blockquote></p><p> I am familiar with cellphone manufacturers of days past. Nokia, for example, used to be the titan of industry. It was thought to be untouchable and then came the iPhone. I mean, just look at the Forbes cover above, \"can anyone catch the cell phone king?\"</p><p><blockquote>我熟悉过去的手机制造商。例如，诺基亚曾经是工业巨头。它被认为是碰不得的，然后出现了iPhone。我的意思是，看看上面的福布斯封面，“有人能抓住手机大王吗？”</blockquote></p><p> That cover hit news stands on November 12, 2007, a few months after the iPhone had made its debut. The straw that broke Nokia's back, and the feature which gives Apple a moat wider than Apple Park today, The App Store launched in mid-2008.</p><p><blockquote>2007年11月12日，也就是iPhone首次亮相几个月后，这个封面登上了新闻站。压垮诺基亚的最后一根稻草，也是让苹果拥有比苹果公园更宽的护城河的功能，2008年年中推出的App Store。</blockquote></p><p> The App Store, as simple as it may seem, gave Apple the keys to the kingdom. Rather than be limited to the few apps that came on your Nokia device, you could use one of the thousands of apps sold by third-party developers on the iPhone. This was the beginning of a world-beating ecosystem.</p><p><blockquote>App Store看似简单，却给了苹果通往王国的钥匙。你可以在iPhone上使用第三方开发者销售的数千款应用，而不是局限于诺基亚设备上的几款应用。这是一个世界一流生态系统的开始。</blockquote></p><p> Today, Apple's ecosystem has grown in a significant way. The growth of that ecosystem means that Apple \"fanboys\" would have to spend thousands of dollars, or work through significant inconveniences to switch.</p><p><blockquote>今天，苹果的生态系统已经有了显著的发展。这个生态系统的增长意味着苹果的“粉丝”将不得不花费数千美元，或者克服巨大的不便来转换。</blockquote></p><p> Consider the user that has subscriptions to several apps, Air Pods, an Apple Watch, iPhone, iPad, and perhaps a MacBook. That person is not an outlier. If they consider switching to Android they'll have to cancel those several apps, throw their Apple Watch out, replace the AirPods, and would lose lots of great tie-in messaging functionality across the iPad and MacBook.</p><p><blockquote>考虑一下订阅了几个应用程序、Air Pods、苹果手表、iPhone、iPad，也许还有MacBook的用户。那个人不是局外人。如果他们考虑切换到Android，他们将不得不取消这几个应用程序，扔掉他们的苹果手表，更换AirPods，并将失去iPad和MacBook上许多出色的搭售消息功能。</blockquote></p><p> First-world problems, absolutely. The tie-in, however, is real. Apple make world-class products that users love. They get caught up in all the added accessories which deliver a great experience and then they are customers for life.</p><p><blockquote>绝对是第一世界的问题。然而，这种联系是真实的。苹果制造用户喜爱的世界级产品。他们被所有提供良好体验的附加配件所吸引，然后他们就成了终身顾客。</blockquote></p><p> Apple stock, for all intents and purposes, is a better place to keep your money than cash because of this lack of risk. Should something start to topple this house of cards, it wouldn't happen overnight, and it certainly won't happen as rapidly as it happened to Nokia because of the switching costs Apple has built up.</p><p><blockquote>无论出于何种意图和目的，苹果股票都是比现金更好的存放资金的地方，因为它缺乏风险。如果有什么事情开始推翻这座纸牌屋，它不会在一夜之间发生，而且肯定不会像诺基亚那样迅速发生，因为苹果已经积累了转换成本。</blockquote></p><p> <b>Enviable Metrics</b></p><p><blockquote><b>令人羡慕的指标</b></blockquote></p><p> Despite running up against the law of large numbers, Apple continues to look stellar when considering a number of different metrics.</p><p><blockquote>尽管违反了大数定律，但在考虑许多不同的指标时，苹果仍然看起来很出色。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/08f0199dd5d3c8dade8af08d884a5459\" tg-width=\"640\" tg-height=\"300\" width=\"100%\" height=\"auto\"><span>Image: Apple's debt per 10-K (Page 45)</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片：苹果每10-K的债务（第45页）</span></p></blockquote></p><p> The worst metric, in my opinion, Apple has is a 1.7 debt-to-equity ratio. However, on that figure, my mind may be stuck in a good days of positive interest rates. Much of Apple's $109B of debt is at a negligible (0.03-2%) interest rate. Higher end servicing costs sit a hair below 5%, but this makes up a minority of Apple's debt per the company's 10-K filings.</p><p><blockquote>在我看来，苹果最差的指标是1.7的债务股本比率。然而，在这个数字上，我的思绪可能会停留在正利率的好日子里。苹果109B美元债务的大部分利率可以忽略不计（0.03-2%）。高端服务成本略低于5%，但根据该公司的10-K文件，这仅占苹果债务的一小部分。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/547e6241dab1a7aef3e649fb0f10d5ff\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> All of that money did not go into internal projects, however, it went to share buybacks. Perhaps no company epitomizes share buybacks like Apple has over the last decade. The company has retired hundreds of billions of dollars' worth of stock to shareholders benefit, and it continues to do so today.</p><p><blockquote>所有这些资金并没有用于内部项目，而是用于股票回购。也许没有一家公司能像苹果那样体现过去十年的股票回购。为了股东利益，该公司已经退役了价值数千亿美元的股票，并且至今仍在继续这样做。</blockquote></p><p> These share buybacks are why Berkshire Hathaway (BRK.B) now owns 5.5% of Apple. Back when many lauded Buffett for being late to the Apple train, he has proven his conviction worthwhile and helped an already massive Berkshire portfolio continue to beat the market with this high concentration investment.</p><p><blockquote>这些股票回购是Berkshire Hathaway(BRK.B)现在拥有苹果5.5%股份的原因。当许多人称赞巴菲特错过了苹果的火车时，巴菲特已经证明了他的信念是值得的，并通过这种高度集中的投资帮助已经庞大的伯克希尔投资组合继续跑赢市场。</blockquote></p><p> Buffett aside, Apple does excel in several metrics one should be looking for when investing in high-quality stocks. Return on equity here sits at an eye-popping 140% due to a pandemic induced expansion in net income.</p><p><blockquote>撇开巴菲特不谈，苹果确实在投资优质股票时应该寻找的几个指标上表现出色。由于大流行导致净利润扩张，股本回报率达到了令人瞠目结舌的140%。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af2a898072faa8c46eeaa734222ff059\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Given the amount of debt, return on invested capital, likely, is the better metric to take a look at here. Apple's ROIC has been consistently over the 20% mark, which is a sign of a fantastic business.</p><p><blockquote>考虑到债务金额，投资资本回报率可能是更好的指标。苹果的投资回报率一直超过20%，这是一家出色业务的标志。</blockquote></p><p> Oh, and it probably goes without mentioning, but this business is cash rich. Apple, as of its last report, has $35B in cash on hand and $155B in marketable securities (a mix of current and non-current). With $190B in capital that the company can still deploy, Apple is certainly in an enviable position.</p><p><blockquote>哦，这可能是不言而喻的，但这项业务现金充裕。截至上次报告，苹果手头有350亿美元现金和1550亿美元有价证券（流动和非流动的组合）。由于该公司仍可部署1900亿美元的资本，苹果无疑处于令人羡慕的地位。</blockquote></p><p> <b>Valuation: Rich</b></p><p><blockquote><b>估值：丰富</b></blockquote></p><p> Those metrics are not unknown, but they are incredible. It's no surprise that Apple will likely cross $3T market cap in the next year or so, but is the company worth buying at these high levels?</p><p><blockquote>这些指标并非未知，但却令人难以置信。毫不奇怪，苹果的市值可能会在未来一年左右突破3T美元，但该公司值得在如此高的水平上买入吗？</blockquote></p><p> As mentioned above, I view Apple as an almost cash like position. In a world of inflation, Apple has the balance sheet to carry it through, it has significant pricing power, and it has exceptionally high margins on its products to be able to weather the storm. Would you rather your money lose 5% of its buying power per year, or grow in an American titan like Apple?</p><p><blockquote>如上所述，我认为苹果几乎是现金头寸。在通货膨胀的世界里，苹果拥有能够承受通货膨胀的资产负债表，拥有强大的定价权，并且其产品利润率极高，能够渡过难关。你愿意你的钱每年失去5%的购买力，还是愿意在像苹果这样的美国巨头中增长？</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/159a160cc869ef1cc00bd4eb8db7bd93\" tg-width=\"1280\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>Image: A mockup VR headset via BGR</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片：来自BGR的VR耳机模型</span></p></blockquote></p><p> A valuation of Apple also has to include the potential for an Apple Car, or the AR/VR headsets that will be with us within the next 18-months. These types of projects have been kept well under wraps, but considering the valuations of EV manufacturers like Tesla (TSLA) and Rivian (RIVN), the market will reward Apple rather richly for a well-executed product.</p><p><blockquote>对苹果的估值还必须包括苹果汽车的潜力，或者将在未来18个月内出现的AR/VR耳机。这些类型的项目一直处于保密状态，但考虑到特斯拉（TSLA）和Rivian（RIVN）等电动汽车制造商的估值，市场将对苹果执行良好的产品给予相当丰厚的奖励。</blockquote></p><p> An Apple car with deep iOS integration,as is speculated, would further drive the ecosystem flywheel. In fact, it would take that flywheel to unimaginable levels. Imagine trying to leave an ecosystem where you have to replace a $50K (and I'm probably being cheap) car, a phone, a computer... it's quite the lock in.</p><p><blockquote>据推测，深度集成iOS的苹果汽车将进一步推动生态系统飞轮。事实上，它会将飞轮提升到难以想象的水平。想象一下，试图离开一个生态系统，在这个生态系统中，你必须更换一辆5万美元（我可能很便宜）的汽车、一部电话、一台电脑...这是相当锁定。</blockquote></p><p> Taking AR/VR into account, one would have to consider that AR could be a cannibalizing force for the iPhone. If one can see all they need through lenses and control those lenses through gestures or the Apple Watch, Apple could cannibalize the phone market.</p><p><blockquote>考虑到AR/VR，人们不得不考虑AR可能会成为iPhone的蚕食力量。如果人们可以通过镜头看到他们需要的一切，并通过手势或苹果手表控制这些镜头，苹果可能会蚕食手机市场。</blockquote></p><p> That, however, is a good thing. Apple could price a novel item like AR glasses with higher margins than a phone. Fans and tech enthusiasts would pay that early adopter price and others would soon follow suit if the product lives up to the hype. It gets Apple out of the \"$1,000 for a phone\" line of thinking.</p><p><blockquote>然而，这是一件好事。苹果可以以比手机更高的利润率为AR眼镜等新颖产品定价。粉丝和技术爱好者将支付早期采用者的价格，如果产品不负众望，其他人很快就会效仿。它让苹果摆脱了“1000美元买一部手机”的思路。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/88a008b34566e3309b095ad284807d12\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> All this to say, Apple's rich valuation today is a worthy one. At a PE of ~29, it's hardly extortionate, but it is outside of Apple's average over the last five years.</p><p><blockquote>综上所述，苹果今天的丰厚估值是当之无愧的。市盈率约为29，算不上过高，但超出了苹果过去五年的平均水平。</blockquote></p><p> The ecosystem, one that ties its customers in for life, is where the value lies here and Apple has plans to expand that with vehicles and wearables. Even at a PE of 29, I believe this to be a secure long-term investment that will pay investors a dividend, albeit small, along the way while continuing to retire billions of dollars in stock ($315B authorized ~10%).</p><p><blockquote>这个将客户终身联系在一起的生态系统是其价值所在，苹果计划通过车辆和可穿戴设备来扩展这一生态系统。即使市盈率为29，我相信这也是一项安全的长期投资，它将向投资者支付股息，尽管很小，同时继续收回数十亿美元的股票（315B美元授权约10%）。</blockquote></p><p> <b>Addressing The Risks</b></p><p><blockquote><b>应对风险</b></blockquote></p><p> Fear and inflation. Fear is the largest and most significant risk that Apple faces. Buyers told that bad times are coming tend to zip up their pocketbooks. Buyers who have to spend 10% more on groceries suddenly don't have enough to buy the latest iPhone.</p><p><blockquote>恐惧和通货膨胀。恐惧是苹果面临的最大、最重大的风险。被告知糟糕时期即将到来的买家往往会收紧钱包。不得不在食品杂货上多花10%的购物者突然没有足够的钱购买最新的iPhone。</blockquote></p><p> These are external concerns that Apple has little control over. The company has, over the years, introduced buy-now-pay-later and subscription programs that help buyers get the goods they want at an affordable monthly price, and, as discussed, Apple has substantial margins that it could use to overcome significant headwinds in this space.</p><p><blockquote>这些都是苹果几乎无法控制的外部担忧。多年来，该公司推出了先买后付和订阅计划，帮助买家以可承受的每月价格获得他们想要的商品，而且正如所讨论的，苹果拥有可观的利润，可以用来克服重大阻力在这个领域。</blockquote></p><p> Execution is another risk Apple faces, especially as we look to these \"futuristic\" products. A self-driving car could be worth trillions of dollars in lifetime revenues, or it could be a dud upon release that never gets full approval to operate on the streets. Likewise, an AR headset that no one wants to be seen wearing, or that proves difficult to wear through the day, could be a dead-on-arrival product.</p><p><blockquote>执行力是苹果面临的另一个风险，尤其是当我们关注这些“未来”产品时。一辆自动驾驶汽车的终身收入可能价值数万亿美元，也可能在发布后成为一个哑弹，永远不会获得在街道上运行的完全批准。同样，没有人想被看到佩戴的AR耳机，或者被证明很难全天佩戴的AR耳机，可能是一个到货就死的产品。</blockquote></p><p> Given the nature of these two products and the secrecy surrounding their development, one cannot truly assign a real risk rating to them. They're just things to be aware of. Apple does have a history of great execution (MacBook keyboard and Touch Bar aside), however, so an investor should feel at least somewhat comfortable that the company will put its best foot forward.</p><p><blockquote>鉴于这两种产品的性质及其开发的保密性，人们无法真正为它们分配真正的风险评级。它们只是需要注意的事情。然而，苹果确实有着出色执行力的历史（MacBook键盘和Touch Bar除外），因此投资者至少应该对该公司将全力以赴感到有些放心。</blockquote></p><p> <b>Final Thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p></p><p> At a valuation nearing $3T one would assume there isn't much room left to run in Apple, but investors still stand to beat the overall market in this name thanks to excellent capital allocation.</p><p><blockquote>在估值接近3T美元的情况下，人们会认为苹果已经没有太多的运行空间了，但由于出色的资本配置，投资者仍然能够以这个名义击败整体市场。</blockquote></p><p> Apple has $315B in authorized buybacks and returns some $14.5B in dividends each year. Apple will likely buyback close to $100B in stock during its 2022 fiscal year which, alone, represents a 3.7% return on today's prices. Combined with a dividend yield of 0.6%, investors will make 4.3% on this name through shareholder friendly practices alone.</p><p><blockquote>苹果拥有$315B的授权回购，每年返还约$14.5 B的股息。苹果可能会在2022财年回购近1000亿美元的股票，仅此一项就相当于今天价格的3.7%的回报率。加上0.6%的股息收益率，仅通过股东友好的做法，投资者就可以在这个名字上获得4.3%的收益。</blockquote></p><p> Those numbers will compound too, another $100B in 2023, $100B in 2024, it all adds up. That $300B is all authorized too.</p><p><blockquote>这些数字也会复合，2023年再增加1000亿美元，2024年再增加1000亿美元，所有这些加起来。那300B美元也全部获得授权。</blockquote></p><p> Along with those buybacks and dividends, investors are buying into a company that, last year, defied laws of large numbers and grew its top-line at 33%. While unlikely this year, I still expect that the wearables and services divisions will grow at double digits which will allow Apple to see high single-digit revenue growth through the coming 3-5 years.</p><p><blockquote>除了这些回购和股息之外，投资者还买入了一家去年无视大数定律、营收增长33%的公司。虽然今年不太可能，但我仍然预计可穿戴设备和服务部门将以两位数的速度增长，这将使苹果在未来3-5年内实现高个位数的收入增长。</blockquote></p><p> Those with a bearish view on Apple act as though this juggernaut will vanish overnight, but that's simply not true. Sure, you're unlikely to pull down 30%+ annual returns going forward, but if you're looking for a high-quality stable business that can beat the market little-by-little, Apple is a great horse (or car) to back.</p><p><blockquote>那些看跌苹果的人表现得好像这个庞然大物会在一夜之间消失，但事实并非如此。当然，未来你不太可能降低30%以上的年回报率，但如果你正在寻找一家能够一点一点击败市场的高质量稳定业务，苹果是一匹很棒的马（或汽车）回来。</blockquote></p><p></p>","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>Apple: A True 'Never Sell' Position<blockquote>苹果：真正的“永不出售”立场</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nApple: A True 'Never Sell' Position<blockquote>苹果：真正的“永不出售”立场</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Seeking Alpha</strong><span class=\"h-time small\">2021-12-07 22:28</span>\n</p>\n</h4>\n</header>\n<article>\n<p><b>Summary</b></p><p><blockquote><b>总结</b></blockquote></p><p> <ul> <li>With $315B in authorized share buybacks and a 0.6% yield, Apple should return 4.3% on shareholder-friendly practices alone.</li> <li>In addition, the company will still see double-digit growth in wearables and services, even if iPhone slows down a little.</li> <li>The Apple ecosystem also stands to get more intertwined with a potential Apple Car and AR/VR plays.</li> </ul> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/404c4a2883110ed556fd9700c5cffb83\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>CatLane/iStock Unreleased via Getty Images</span></p><p><blockquote><ul><li>凭借315B美元的授权股票回购和0.6%的收益率，苹果仅通过股东友好做法就应该获得4.3%的回报。</li><li>此外，该公司在可穿戴设备和服务方面仍将出现两位数的增长，即使iPhone稍微放缓。</li><li>苹果生态系统也将与潜在的苹果汽车和AR/VR游戏更加紧密地交织在一起。</li></ul><p class=\"t-img-caption\"><span>CatLane/iStock未通过Getty Images发布</span></p></blockquote></p><p> At an almost $3T market cap, I am still a holder of Apple (AAPL). While I absolutely wish I would have bought more of this powerhouse in years past, I've made do with incremental gains from dividend reinvestment.</p><p><blockquote>虽然市值接近3T美元，但我仍然是苹果(AAPL)的持有者。虽然我绝对希望在过去几年里购买更多这家巨头的股票，但我还是通过股息再投资获得了增量收益。</blockquote></p><p> The news cycle would have you believe that this behemoth has head-winds galore, and that the downfall could come any day now. With limited risk and potential galore, is the company worth buying today?</p><p><blockquote>新闻周期会让你相信这个庞然大物有很多阻力，垮台随时都可能到来。由于风险有限且潜力巨大，该公司今天值得购买吗？</blockquote></p><p> <b>Limited Risk</b></p><p><blockquote><b>风险有限</b></blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fe4e9d4f4aca197052840240959df43\" tg-width=\"640\" tg-height=\"831\" width=\"100%\" height=\"auto\"><span>Image: Forbes magazine cover, 2007</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片：福布斯杂志封面，2007年</span></p></blockquote></p><p> I am familiar with cellphone manufacturers of days past. Nokia, for example, used to be the titan of industry. It was thought to be untouchable and then came the iPhone. I mean, just look at the Forbes cover above, \"can anyone catch the cell phone king?\"</p><p><blockquote>我熟悉过去的手机制造商。例如，诺基亚曾经是工业巨头。它被认为是碰不得的，然后出现了iPhone。我的意思是，看看上面的福布斯封面，“有人能抓住手机大王吗？”</blockquote></p><p> That cover hit news stands on November 12, 2007, a few months after the iPhone had made its debut. The straw that broke Nokia's back, and the feature which gives Apple a moat wider than Apple Park today, The App Store launched in mid-2008.</p><p><blockquote>2007年11月12日，也就是iPhone首次亮相几个月后，这个封面登上了新闻站。压垮诺基亚的最后一根稻草，也是让苹果拥有比苹果公园更宽的护城河的功能，2008年年中推出的App Store。</blockquote></p><p> The App Store, as simple as it may seem, gave Apple the keys to the kingdom. Rather than be limited to the few apps that came on your Nokia device, you could use one of the thousands of apps sold by third-party developers on the iPhone. This was the beginning of a world-beating ecosystem.</p><p><blockquote>App Store看似简单，却给了苹果通往王国的钥匙。你可以在iPhone上使用第三方开发者销售的数千款应用，而不是局限于诺基亚设备上的几款应用。这是一个世界一流生态系统的开始。</blockquote></p><p> Today, Apple's ecosystem has grown in a significant way. The growth of that ecosystem means that Apple \"fanboys\" would have to spend thousands of dollars, or work through significant inconveniences to switch.</p><p><blockquote>今天，苹果的生态系统已经有了显著的发展。这个生态系统的增长意味着苹果的“粉丝”将不得不花费数千美元，或者克服巨大的不便来转换。</blockquote></p><p> Consider the user that has subscriptions to several apps, Air Pods, an Apple Watch, iPhone, iPad, and perhaps a MacBook. That person is not an outlier. If they consider switching to Android they'll have to cancel those several apps, throw their Apple Watch out, replace the AirPods, and would lose lots of great tie-in messaging functionality across the iPad and MacBook.</p><p><blockquote>考虑一下订阅了几个应用程序、Air Pods、苹果手表、iPhone、iPad，也许还有MacBook的用户。那个人不是局外人。如果他们考虑切换到Android，他们将不得不取消这几个应用程序，扔掉他们的苹果手表，更换AirPods，并将失去iPad和MacBook上许多出色的搭售消息功能。</blockquote></p><p> First-world problems, absolutely. The tie-in, however, is real. Apple make world-class products that users love. They get caught up in all the added accessories which deliver a great experience and then they are customers for life.</p><p><blockquote>绝对是第一世界的问题。然而，这种联系是真实的。苹果制造用户喜爱的世界级产品。他们被所有提供良好体验的附加配件所吸引，然后他们就成了终身顾客。</blockquote></p><p> Apple stock, for all intents and purposes, is a better place to keep your money than cash because of this lack of risk. Should something start to topple this house of cards, it wouldn't happen overnight, and it certainly won't happen as rapidly as it happened to Nokia because of the switching costs Apple has built up.</p><p><blockquote>无论出于何种意图和目的，苹果股票都是比现金更好的存放资金的地方，因为它缺乏风险。如果有什么事情开始推翻这座纸牌屋，它不会在一夜之间发生，而且肯定不会像诺基亚那样迅速发生，因为苹果已经积累了转换成本。</blockquote></p><p> <b>Enviable Metrics</b></p><p><blockquote><b>令人羡慕的指标</b></blockquote></p><p> Despite running up against the law of large numbers, Apple continues to look stellar when considering a number of different metrics.</p><p><blockquote>尽管违反了大数定律，但在考虑许多不同的指标时，苹果仍然看起来很出色。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/08f0199dd5d3c8dade8af08d884a5459\" tg-width=\"640\" tg-height=\"300\" width=\"100%\" height=\"auto\"><span>Image: Apple's debt per 10-K (Page 45)</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片：苹果每10-K的债务（第45页）</span></p></blockquote></p><p> The worst metric, in my opinion, Apple has is a 1.7 debt-to-equity ratio. However, on that figure, my mind may be stuck in a good days of positive interest rates. Much of Apple's $109B of debt is at a negligible (0.03-2%) interest rate. Higher end servicing costs sit a hair below 5%, but this makes up a minority of Apple's debt per the company's 10-K filings.</p><p><blockquote>在我看来，苹果最差的指标是1.7的债务股本比率。然而，在这个数字上，我的思绪可能会停留在正利率的好日子里。苹果109B美元债务的大部分利率可以忽略不计（0.03-2%）。高端服务成本略低于5%，但根据该公司的10-K文件，这仅占苹果债务的一小部分。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/547e6241dab1a7aef3e649fb0f10d5ff\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> All of that money did not go into internal projects, however, it went to share buybacks. Perhaps no company epitomizes share buybacks like Apple has over the last decade. The company has retired hundreds of billions of dollars' worth of stock to shareholders benefit, and it continues to do so today.</p><p><blockquote>所有这些资金并没有用于内部项目，而是用于股票回购。也许没有一家公司能像苹果那样体现过去十年的股票回购。为了股东利益，该公司已经退役了价值数千亿美元的股票，并且至今仍在继续这样做。</blockquote></p><p> These share buybacks are why Berkshire Hathaway (BRK.B) now owns 5.5% of Apple. Back when many lauded Buffett for being late to the Apple train, he has proven his conviction worthwhile and helped an already massive Berkshire portfolio continue to beat the market with this high concentration investment.</p><p><blockquote>这些股票回购是Berkshire Hathaway(BRK.B)现在拥有苹果5.5%股份的原因。当许多人称赞巴菲特错过了苹果的火车时，巴菲特已经证明了他的信念是值得的，并通过这种高度集中的投资帮助已经庞大的伯克希尔投资组合继续跑赢市场。</blockquote></p><p> Buffett aside, Apple does excel in several metrics one should be looking for when investing in high-quality stocks. Return on equity here sits at an eye-popping 140% due to a pandemic induced expansion in net income.</p><p><blockquote>撇开巴菲特不谈，苹果确实在投资优质股票时应该寻找的几个指标上表现出色。由于大流行导致净利润扩张，股本回报率达到了令人瞠目结舌的140%。</blockquote></p><p></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af2a898072faa8c46eeaa734222ff059\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> Given the amount of debt, return on invested capital, likely, is the better metric to take a look at here. Apple's ROIC has been consistently over the 20% mark, which is a sign of a fantastic business.</p><p><blockquote>考虑到债务金额，投资资本回报率可能是更好的指标。苹果的投资回报率一直超过20%，这是一家出色业务的标志。</blockquote></p><p> Oh, and it probably goes without mentioning, but this business is cash rich. Apple, as of its last report, has $35B in cash on hand and $155B in marketable securities (a mix of current and non-current). With $190B in capital that the company can still deploy, Apple is certainly in an enviable position.</p><p><blockquote>哦，这可能是不言而喻的，但这项业务现金充裕。截至上次报告，苹果手头有350亿美元现金和1550亿美元有价证券（流动和非流动的组合）。由于该公司仍可部署1900亿美元的资本，苹果无疑处于令人羡慕的地位。</blockquote></p><p> <b>Valuation: Rich</b></p><p><blockquote><b>估值：丰富</b></blockquote></p><p> Those metrics are not unknown, but they are incredible. It's no surprise that Apple will likely cross $3T market cap in the next year or so, but is the company worth buying at these high levels?</p><p><blockquote>这些指标并非未知，但却令人难以置信。毫不奇怪，苹果的市值可能会在未来一年左右突破3T美元，但该公司值得在如此高的水平上买入吗？</blockquote></p><p> As mentioned above, I view Apple as an almost cash like position. In a world of inflation, Apple has the balance sheet to carry it through, it has significant pricing power, and it has exceptionally high margins on its products to be able to weather the storm. Would you rather your money lose 5% of its buying power per year, or grow in an American titan like Apple?</p><p><blockquote>如上所述，我认为苹果几乎是现金头寸。在通货膨胀的世界里，苹果拥有能够承受通货膨胀的资产负债表，拥有强大的定价权，并且其产品利润率极高，能够渡过难关。你愿意你的钱每年失去5%的购买力，还是愿意在像苹果这样的美国巨头中增长？</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/159a160cc869ef1cc00bd4eb8db7bd93\" tg-width=\"1280\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>Image: A mockup VR headset via BGR</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片：来自BGR的VR耳机模型</span></p></blockquote></p><p> A valuation of Apple also has to include the potential for an Apple Car, or the AR/VR headsets that will be with us within the next 18-months. These types of projects have been kept well under wraps, but considering the valuations of EV manufacturers like Tesla (TSLA) and Rivian (RIVN), the market will reward Apple rather richly for a well-executed product.</p><p><blockquote>对苹果的估值还必须包括苹果汽车的潜力，或者将在未来18个月内出现的AR/VR耳机。这些类型的项目一直处于保密状态，但考虑到特斯拉（TSLA）和Rivian（RIVN）等电动汽车制造商的估值，市场将对苹果执行良好的产品给予相当丰厚的奖励。</blockquote></p><p> An Apple car with deep iOS integration,as is speculated, would further drive the ecosystem flywheel. In fact, it would take that flywheel to unimaginable levels. Imagine trying to leave an ecosystem where you have to replace a $50K (and I'm probably being cheap) car, a phone, a computer... it's quite the lock in.</p><p><blockquote>据推测，深度集成iOS的苹果汽车将进一步推动生态系统飞轮。事实上，它会将飞轮提升到难以想象的水平。想象一下，试图离开一个生态系统，在这个生态系统中，你必须更换一辆5万美元（我可能很便宜）的汽车、一部电话、一台电脑...这是相当锁定。</blockquote></p><p> Taking AR/VR into account, one would have to consider that AR could be a cannibalizing force for the iPhone. If one can see all they need through lenses and control those lenses through gestures or the Apple Watch, Apple could cannibalize the phone market.</p><p><blockquote>考虑到AR/VR，人们不得不考虑AR可能会成为iPhone的蚕食力量。如果人们可以通过镜头看到他们需要的一切，并通过手势或苹果手表控制这些镜头，苹果可能会蚕食手机市场。</blockquote></p><p> That, however, is a good thing. Apple could price a novel item like AR glasses with higher margins than a phone. Fans and tech enthusiasts would pay that early adopter price and others would soon follow suit if the product lives up to the hype. It gets Apple out of the \"$1,000 for a phone\" line of thinking.</p><p><blockquote>然而，这是一件好事。苹果可以以比手机更高的利润率为AR眼镜等新颖产品定价。粉丝和技术爱好者将支付早期采用者的价格，如果产品不负众望，其他人很快就会效仿。它让苹果摆脱了“1000美元买一部手机”的思路。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/88a008b34566e3309b095ad284807d12\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p><p><blockquote><p class=\"t-img-caption\"><span>数据来自YCharts</span></p></blockquote></p><p> All this to say, Apple's rich valuation today is a worthy one. At a PE of ~29, it's hardly extortionate, but it is outside of Apple's average over the last five years.</p><p><blockquote>综上所述，苹果今天的丰厚估值是当之无愧的。市盈率约为29，算不上过高，但超出了苹果过去五年的平均水平。</blockquote></p><p> The ecosystem, one that ties its customers in for life, is where the value lies here and Apple has plans to expand that with vehicles and wearables. Even at a PE of 29, I believe this to be a secure long-term investment that will pay investors a dividend, albeit small, along the way while continuing to retire billions of dollars in stock ($315B authorized ~10%).</p><p><blockquote>这个将客户终身联系在一起的生态系统是其价值所在，苹果计划通过车辆和可穿戴设备来扩展这一生态系统。即使市盈率为29，我相信这也是一项安全的长期投资，它将向投资者支付股息，尽管很小，同时继续收回数十亿美元的股票（315B美元授权约10%）。</blockquote></p><p> <b>Addressing The Risks</b></p><p><blockquote><b>应对风险</b></blockquote></p><p> Fear and inflation. Fear is the largest and most significant risk that Apple faces. Buyers told that bad times are coming tend to zip up their pocketbooks. Buyers who have to spend 10% more on groceries suddenly don't have enough to buy the latest iPhone.</p><p><blockquote>恐惧和通货膨胀。恐惧是苹果面临的最大、最重大的风险。被告知糟糕时期即将到来的买家往往会收紧钱包。不得不在食品杂货上多花10%的购物者突然没有足够的钱购买最新的iPhone。</blockquote></p><p> These are external concerns that Apple has little control over. The company has, over the years, introduced buy-now-pay-later and subscription programs that help buyers get the goods they want at an affordable monthly price, and, as discussed, Apple has substantial margins that it could use to overcome significant headwinds in this space.</p><p><blockquote>这些都是苹果几乎无法控制的外部担忧。多年来，该公司推出了先买后付和订阅计划，帮助买家以可承受的每月价格获得他们想要的商品，而且正如所讨论的，苹果拥有可观的利润，可以用来克服重大阻力在这个领域。</blockquote></p><p> Execution is another risk Apple faces, especially as we look to these \"futuristic\" products. A self-driving car could be worth trillions of dollars in lifetime revenues, or it could be a dud upon release that never gets full approval to operate on the streets. Likewise, an AR headset that no one wants to be seen wearing, or that proves difficult to wear through the day, could be a dead-on-arrival product.</p><p><blockquote>执行力是苹果面临的另一个风险，尤其是当我们关注这些“未来”产品时。一辆自动驾驶汽车的终身收入可能价值数万亿美元，也可能在发布后成为一个哑弹，永远不会获得在街道上运行的完全批准。同样，没有人想被看到佩戴的AR耳机，或者被证明很难全天佩戴的AR耳机，可能是一个到货就死的产品。</blockquote></p><p> Given the nature of these two products and the secrecy surrounding their development, one cannot truly assign a real risk rating to them. They're just things to be aware of. Apple does have a history of great execution (MacBook keyboard and Touch Bar aside), however, so an investor should feel at least somewhat comfortable that the company will put its best foot forward.</p><p><blockquote>鉴于这两种产品的性质及其开发的保密性，人们无法真正为它们分配真正的风险评级。它们只是需要注意的事情。然而，苹果确实有着出色执行力的历史（MacBook键盘和Touch Bar除外），因此投资者至少应该对该公司将全力以赴感到有些放心。</blockquote></p><p> <b>Final Thoughts</b></p><p><blockquote><b>最后的想法</b></blockquote></p><p></p><p> At a valuation nearing $3T one would assume there isn't much room left to run in Apple, but investors still stand to beat the overall market in this name thanks to excellent capital allocation.</p><p><blockquote>在估值接近3T美元的情况下，人们会认为苹果已经没有太多的运行空间了，但由于出色的资本配置，投资者仍然能够以这个名义击败整体市场。</blockquote></p><p> Apple has $315B in authorized buybacks and returns some $14.5B in dividends each year. Apple will likely buyback close to $100B in stock during its 2022 fiscal year which, alone, represents a 3.7% return on today's prices. Combined with a dividend yield of 0.6%, investors will make 4.3% on this name through shareholder friendly practices alone.</p><p><blockquote>苹果拥有$315B的授权回购，每年返还约$14.5 B的股息。苹果可能会在2022财年回购近1000亿美元的股票，仅此一项就相当于今天价格的3.7%的回报率。加上0.6%的股息收益率，仅通过股东友好的做法，投资者就可以在这个名字上获得4.3%的收益。</blockquote></p><p> Those numbers will compound too, another $100B in 2023, $100B in 2024, it all adds up. That $300B is all authorized too.</p><p><blockquote>这些数字也会复合，2023年再增加1000亿美元，2024年再增加1000亿美元，所有这些加起来。那300B美元也全部获得授权。</blockquote></p><p> Along with those buybacks and dividends, investors are buying into a company that, last year, defied laws of large numbers and grew its top-line at 33%. While unlikely this year, I still expect that the wearables and services divisions will grow at double digits which will allow Apple to see high single-digit revenue growth through the coming 3-5 years.</p><p><blockquote>除了这些回购和股息之外，投资者还买入了一家去年无视大数定律、营收增长33%的公司。虽然今年不太可能，但我仍然预计可穿戴设备和服务部门将以两位数的速度增长，这将使苹果在未来3-5年内实现高个位数的收入增长。</blockquote></p><p> Those with a bearish view on Apple act as though this juggernaut will vanish overnight, but that's simply not true. Sure, you're unlikely to pull down 30%+ annual returns going forward, but if you're looking for a high-quality stable business that can beat the market little-by-little, Apple is a great horse (or car) to back.</p><p><blockquote>那些看跌苹果的人表现得好像这个庞然大物会在一夜之间消失，但事实并非如此。当然，未来你不太可能降低30%以上的年回报率，但如果你正在寻找一家能够一点一点击败市场的高质量稳定业务，苹果是一匹很棒的马（或汽车）回来。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://seekingalpha.com/article/4473801-apple-a-true-never-sell-position\">Seeking Alpha</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4473801-apple-a-true-never-sell-position","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162682713","content_text":"Summary\n\nWith $315B in authorized share buybacks and a 0.6% yield, Apple should return 4.3% on shareholder-friendly practices alone.\nIn addition, the company will still see double-digit growth in wearables and services, even if iPhone slows down a little.\nThe Apple ecosystem also stands to get more intertwined with a potential Apple Car and AR/VR plays.\n\nCatLane/iStock Unreleased via Getty Images\nAt an almost $3T market cap, I am still a holder of Apple (AAPL). While I absolutely wish I would have bought more of this powerhouse in years past, I've made do with incremental gains from dividend reinvestment.\nThe news cycle would have you believe that this behemoth has head-winds galore, and that the downfall could come any day now. With limited risk and potential galore, is the company worth buying today?\nLimited Risk\nImage: Forbes magazine cover, 2007\nI am familiar with cellphone manufacturers of days past. Nokia, for example, used to be the titan of industry. It was thought to be untouchable and then came the iPhone. I mean, just look at the Forbes cover above, \"can anyone catch the cell phone king?\"\nThat cover hit news stands on November 12, 2007, a few months after the iPhone had made its debut. The straw that broke Nokia's back, and the feature which gives Apple a moat wider than Apple Park today, The App Store launched in mid-2008.\nThe App Store, as simple as it may seem, gave Apple the keys to the kingdom. Rather than be limited to the few apps that came on your Nokia device, you could use one of the thousands of apps sold by third-party developers on the iPhone. This was the beginning of a world-beating ecosystem.\nToday, Apple's ecosystem has grown in a significant way. The growth of that ecosystem means that Apple \"fanboys\" would have to spend thousands of dollars, or work through significant inconveniences to switch.\nConsider the user that has subscriptions to several apps, Air Pods, an Apple Watch, iPhone, iPad, and perhaps a MacBook. That person is not an outlier. If they consider switching to Android they'll have to cancel those several apps, throw their Apple Watch out, replace the AirPods, and would lose lots of great tie-in messaging functionality across the iPad and MacBook.\nFirst-world problems, absolutely. The tie-in, however, is real. Apple make world-class products that users love. They get caught up in all the added accessories which deliver a great experience and then they are customers for life.\nApple stock, for all intents and purposes, is a better place to keep your money than cash because of this lack of risk. Should something start to topple this house of cards, it wouldn't happen overnight, and it certainly won't happen as rapidly as it happened to Nokia because of the switching costs Apple has built up.\nEnviable Metrics\nDespite running up against the law of large numbers, Apple continues to look stellar when considering a number of different metrics.\nImage: Apple's debt per 10-K (Page 45)\nThe worst metric, in my opinion, Apple has is a 1.7 debt-to-equity ratio. However, on that figure, my mind may be stuck in a good days of positive interest rates. Much of Apple's $109B of debt is at a negligible (0.03-2%) interest rate. Higher end servicing costs sit a hair below 5%, but this makes up a minority of Apple's debt per the company's 10-K filings.\nData by YCharts\nAll of that money did not go into internal projects, however, it went to share buybacks. Perhaps no company epitomizes share buybacks like Apple has over the last decade. The company has retired hundreds of billions of dollars' worth of stock to shareholders benefit, and it continues to do so today.\nThese share buybacks are why Berkshire Hathaway (BRK.B) now owns 5.5% of Apple. Back when many lauded Buffett for being late to the Apple train, he has proven his conviction worthwhile and helped an already massive Berkshire portfolio continue to beat the market with this high concentration investment.\nBuffett aside, Apple does excel in several metrics one should be looking for when investing in high-quality stocks. Return on equity here sits at an eye-popping 140% due to a pandemic induced expansion in net income.\nData by YCharts\nGiven the amount of debt, return on invested capital, likely, is the better metric to take a look at here. Apple's ROIC has been consistently over the 20% mark, which is a sign of a fantastic business.\nOh, and it probably goes without mentioning, but this business is cash rich. Apple, as of its last report, has $35B in cash on hand and $155B in marketable securities (a mix of current and non-current). With $190B in capital that the company can still deploy, Apple is certainly in an enviable position.\nValuation: Rich\nThose metrics are not unknown, but they are incredible. It's no surprise that Apple will likely cross $3T market cap in the next year or so, but is the company worth buying at these high levels?\nAs mentioned above, I view Apple as an almost cash like position. In a world of inflation, Apple has the balance sheet to carry it through, it has significant pricing power, and it has exceptionally high margins on its products to be able to weather the storm. Would you rather your money lose 5% of its buying power per year, or grow in an American titan like Apple?\nImage: A mockup VR headset via BGR\nA valuation of Apple also has to include the potential for an Apple Car, or the AR/VR headsets that will be with us within the next 18-months. These types of projects have been kept well under wraps, but considering the valuations of EV manufacturers like Tesla (TSLA) and Rivian (RIVN), the market will reward Apple rather richly for a well-executed product.\nAn Apple car with deep iOS integration,as is speculated, would further drive the ecosystem flywheel. In fact, it would take that flywheel to unimaginable levels. Imagine trying to leave an ecosystem where you have to replace a $50K (and I'm probably being cheap) car, a phone, a computer... it's quite the lock in.\nTaking AR/VR into account, one would have to consider that AR could be a cannibalizing force for the iPhone. If one can see all they need through lenses and control those lenses through gestures or the Apple Watch, Apple could cannibalize the phone market.\nThat, however, is a good thing. Apple could price a novel item like AR glasses with higher margins than a phone. Fans and tech enthusiasts would pay that early adopter price and others would soon follow suit if the product lives up to the hype. It gets Apple out of the \"$1,000 for a phone\" line of thinking.\nData by YCharts\nAll this to say, Apple's rich valuation today is a worthy one. At a PE of ~29, it's hardly extortionate, but it is outside of Apple's average over the last five years.\nThe ecosystem, one that ties its customers in for life, is where the value lies here and Apple has plans to expand that with vehicles and wearables. Even at a PE of 29, I believe this to be a secure long-term investment that will pay investors a dividend, albeit small, along the way while continuing to retire billions of dollars in stock ($315B authorized ~10%).\nAddressing The Risks\nFear and inflation. Fear is the largest and most significant risk that Apple faces. Buyers told that bad times are coming tend to zip up their pocketbooks. Buyers who have to spend 10% more on groceries suddenly don't have enough to buy the latest iPhone.\nThese are external concerns that Apple has little control over. The company has, over the years, introduced buy-now-pay-later and subscription programs that help buyers get the goods they want at an affordable monthly price, and, as discussed, Apple has substantial margins that it could use to overcome significant headwinds in this space.\nExecution is another risk Apple faces, especially as we look to these \"futuristic\" products. A self-driving car could be worth trillions of dollars in lifetime revenues, or it could be a dud upon release that never gets full approval to operate on the streets. Likewise, an AR headset that no one wants to be seen wearing, or that proves difficult to wear through the day, could be a dead-on-arrival product.\nGiven the nature of these two products and the secrecy surrounding their development, one cannot truly assign a real risk rating to them. They're just things to be aware of. Apple does have a history of great execution (MacBook keyboard and Touch Bar aside), however, so an investor should feel at least somewhat comfortable that the company will put its best foot forward.\nFinal Thoughts\nAt a valuation nearing $3T one would assume there isn't much room left to run in Apple, but investors still stand to beat the overall market in this name thanks to excellent capital allocation.\nApple has $315B in authorized buybacks and returns some $14.5B in dividends each year. Apple will likely buyback close to $100B in stock during its 2022 fiscal year which, alone, represents a 3.7% return on today's prices. Combined with a dividend yield of 0.6%, investors will make 4.3% on this name through shareholder friendly practices alone.\nThose numbers will compound too, another $100B in 2023, $100B in 2024, it all adds up. That $300B is all authorized too.\nAlong with those buybacks and dividends, investors are buying into a company that, last year, defied laws of large numbers and grew its top-line at 33%. While unlikely this year, I still expect that the wearables and services divisions will grow at double digits which will allow Apple to see high single-digit revenue growth through the coming 3-5 years.\nThose with a bearish view on Apple act as though this juggernaut will vanish overnight, but that's simply not true. Sure, you're unlikely to pull down 30%+ annual returns going forward, but if you're looking for a high-quality stable business that can beat the market little-by-little, Apple is a great horse (or car) to back.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":606054317,"gmtCreate":1638802864518,"gmtModify":1638802864733,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Not bad","listText":"Not bad","text":"Not bad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606054317","repostId":"1125140621","repostType":4,"repost":{"id":"1125140621","kind":"news","pubTimestamp":1638799944,"share":"https://www.laohu8.com/m/news/1125140621?lang=zh_CN&edition=full","pubTime":"2021-12-06 22:12","market":"us","language":"en","title":"Will Apple Stock Fly or Fall in 2022?<blockquote>2022年苹果股票会飞还是跌？</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1125140621","media":"Motley Fool","summary":"Supply chain challenges and weak demand could derail the iPhone maker.","content":"<p>Shares of <b>Apple</b> have recovered nicely in 2021 after a shaky start to the year, gaining more than 23%. What's impressive is that Apple has staged a comeback despite supply chain challenges that hurt its sales in the fourth quarter of fiscal 2021 (which ended on Sept. 25). In addition, investors have shown their faith in the tech giant even with weaker-than-expected guidance for the quarter that ends in December.</p><p><blockquote>本公司之股份<b>苹果</b>在经历了不稳定的开局后，2021年已经很好地复苏，涨幅超过23%。令人印象深刻的是，尽管供应链挑战损害了其2021财年第四季度（截至9月25日）的销售，但苹果还是卷土重来。此外，尽管截至12月的季度指引弱于预期，但投资者仍表现出了对这家科技巨头的信心。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/01f45160862cc6cb5e3ed7b3185ae9a9\" tg-width=\"720\" tg-height=\"387\" width=\"100%\" height=\"auto\"><span>AAPL data by YCharts.</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCharts提供的AAPL数据。</span></p></blockquote></p><p> As the chart above shows, Apple stock has gained momentum since the beginning of October. That's not surprising as the launch of the iPhone 13 gave investors a reason to cheer, with the device witnessing robust demand that outpaced supply. The company hasn't been able to make enough iPhones to meet the higher-than-expected demand as component shortages and coronavirus-driven shutdowns crippled production.</p><p><blockquote>如上图所示，苹果股票自10月初以来势头强劲。这并不奇怪，因为iPhone 13的推出给了投资者一个欢呼的理由，该设备的强劲需求超过了供应。由于零部件短缺和冠状病毒导致的停工导致生产瘫痪，该公司无法生产足够的iPhone来满足高于预期的需求。</blockquote></p><p> In an ideal world, this should lead to strong iPhone shipments in 2022 when the supply chain improves, boosting Apple's top and bottom lines and its stock price in the process. But that may not be the case, causing the stock to lose momentum early in the new year. Let's see why.</p><p><blockquote>在理想的情况下，当供应链改善时，这应该会导致2022年iPhone出货量强劲，从而提振苹果的营收和利润以及股价。但事实可能并非如此，导致该股在新年伊始失去动力。让我们看看为什么。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9f332fa65e3d67539a23dd91573637d\" tg-width=\"2000\" tg-height=\"1125\" width=\"100%\" height=\"auto\"><span>Image Source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Why Apple stock might fall next year</b></p><p><blockquote><b>为什么苹果股价明年可能下跌</b></blockquote></p><p> The iPhone is Apple's most important product. It produced nearly $192 billion in revenue for the company in fiscal 2021, which was just over 52% of its total revenue of $365.8 billion. Now, there are rumors that Apple may be losing customers due to its inability to make enough iPhones to satisfy demand.</p><p><blockquote>iPhone是苹果最重要的产品。2021财年，它为公司创造了近1920亿美元的收入，略高于其3658亿美元总收入的52%。现在，有传言称，由于无法生产足够的iPhone来满足需求，苹果可能正在失去客户。</blockquote></p><p> According to a Bloomberg report, the company has reportedly told its component suppliers that the demand for iPhone 13 models has weakened as potential consumers aren't interested anymore in buying the device due to lack of availability. A survey carried out in Japan indicates that the number of existing iPhone owners interested in upgrading to the latest device is lower than last year when more people were interested in upgrading to the iPhone 12.</p><p><blockquote>据彭博社报道，据报道，该公司已告诉其零部件供应商，由于缺乏可用性，潜在消费者不再有兴趣购买该设备，因此对iPhone 13型号的需求已经减弱。在日本进行的一项调查表明，有兴趣升级到最新设备的现有iPhone用户数量低于去年，当时有更多人有兴趣升级到iPhone 12。</blockquote></p><p> One of the reasons that may be the case is because of the long waiting times for the iPhone 13 Pro models, which are in stronger demand than the standard models. Third-party reports showed that the waiting time for the iPhone 13 Pro and the Pro Max ranged between 16 days and 23 days on Nov. 28. It is worth noting that Apple had reportedly reduced its 2021 iPhone 13 production target by 10 million units due to component shortages, which explains why its devices are still showing extensive waiting times.</p><p><blockquote>可能出现这种情况的原因之一是iPhone 13 Pro机型的等待时间很长，而iPhone 13 Pro机型的需求比标准机型更强劲。第三方报告显示，11月28日，iPhone 13 Pro和Pro Max的等待时间在16天到23天之间。值得注意的是，据报道，由于零部件短缺，苹果将2021年iPhone 13的产量目标减少了1000万部，这解释了为什么其设备仍然显示出长时间的等待时间。</blockquote></p><p> The problem is that iPhone 13 delays are expected to last until February 2022, as reported by DigiTimes last month. These long waiting times and delays are reportedly causing customers to put off their iPhone 13 purchases. This isn't surprising, as the iPhone 13 will be nearly half a year old by the time it will be readily available for purchase in February next year.</p><p><blockquote>问题是，正如DigiTimes上个月报道的那样，iPhone 13的延迟预计将持续到2022年2月。据报道，这些漫长的等待时间和延迟导致客户推迟购买iPhone 13。这并不奇怪，因为iPhone 13在明年2月上市时已经有近半年的历史了。</blockquote></p><p> This could lead customers to drop the idea of purchasing the iPhone 13 and instead go for the 2022 models. As a result, iPhone revenue could take a hit in the near term and weigh on the company's financial performance and stock price in 2022.</p><p><blockquote>这可能会导致客户放弃购买iPhone 13的想法，转而购买2022款。因此，iPhone收入可能会在短期内受到打击，并拖累该公司2022年的财务业绩和股价。</blockquote></p><p> <b>The stock could fly higher in the long run</b></p><p><blockquote><b>从长远来看，该股可能会飞得更高</b></blockquote></p><p> Savvy investors, however, shouldn't worry about the potential short-term challenges Apple faces. Even if iPhone sales aren't as great as expected in the early part of 2022 due to problems out of the tech titan's control, one shouldn't forget the massive upgrade cycle that's driving Apple's growth.</p><p><blockquote>然而，精明的投资者不应该担心苹果面临的潜在短期挑战。即使由于科技巨头无法控制的问题，iPhone在2022年初的销量没有预期的那么好，人们也不应该忘记推动苹果增长的大规模升级周期。</blockquote></p><p> According to IDC, Apple shipped 50.4 million iPhones in the third quarter of 2021, a jump of nearly 21% over the year-ago period. The company delivered this impressive growth during a quarter when the overall smartphone market contracted 6.7% year over year, with its biggest rivals <b>Samsung</b> and <b>Xiaomi</b> witnessing a contraction in their shipments.</p><p><blockquote>根据IDC的数据，苹果2021年第三季度iPhone出货量为5040万部，同比增长近21%。该公司在整个智能手机市场同比萎缩6.7%的季度实现了令人印象深刻的增长，其最大的竞争对手<b>三星</b>和<b>小米</b>见证了他们的出货量的收缩。</blockquote></p><p> What's more, Apple is enjoying a nice bump in the average selling price of each iPhone. Sales might be hamstrung by component shortages over the next few months, but it cannot be denied that the company is enjoying a mix of volume and price growth thanks to the adoption of 5G smartphones.</p><p><blockquote>更重要的是，苹果每部iPhone的平均售价都大幅上涨。未来几个月，销售可能会因零部件短缺而受到阻碍，但不可否认的是，由于5G智能手机的采用，该公司正在享受销量和价格的混合增长。</blockquote></p><p> More importantly, there were more than a billion iPhone users at the beginning of 2021. Wedbush analyst Dan Ives pointed out in October that 25% of Apple's installed base of users haven't upgraded their iPhones in the past three and a half years, which means that there are at least 250 million users in an upgrade window who could buy the iPhone 13.</p><p><blockquote>更重要的是，2021年初iPhone用户超过10亿。Wedbush分析师Dan Ives在10月份指出，苹果25%的安装用户在过去三年半中没有升级iPhone，这意味着至少有2.5亿用户处于升级窗口，可以购买iPhone 13。</blockquote></p><p></p><p> Additionally, the number of iPhone users without a 5G device is even higher since the first 5G iPhone went on sale just over a year ago. All of this indicates that investors shouldn't miss the forest for the trees as the iPhone juggernaut can continue rolling in the long run and the supply chain constraints would probably be just a bump in the road.</p><p><blockquote>此外，自一年多前首款5G iPhone上市以来，没有5G设备的iPhone用户数量甚至更高。所有这些都表明，投资者不应只见树木不见森林，因为从长远来看，iPhone巨头可以继续发展，而供应链限制可能只是道路上的一个坎坷。</blockquote></p><p> As such, Apple stock can eventually regain its mojo once it gets the production challenges out of the way in 2022 and ships more iPhones to customers. And this is just one of the reasons this tech stock could fly higher next year as it is working on more products that could accelerate its growth in 2022 and beyond. That's why it might be a good idea to buy the stock in case of a dip as the near-term challenges could eventually make way for long-term gains.</p><p><blockquote>因此，一旦苹果在2022年解决生产挑战并向客户运送更多iPhone，其股票最终可以重拾魔力。这只是这只科技股明年可能走高的原因之一，因为它正在开发更多产品，这些产品可能会在2022年及以后加速增长。这就是为什么在股价下跌时购买该股可能是个好主意，因为近期的挑战最终可能会为长期收益让路。</blockquote></p><p></p>","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>Will Apple Stock Fly or Fall in 2022?<blockquote>2022年苹果股票会飞还是跌？</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nWill Apple Stock Fly or Fall in 2022?<blockquote>2022年苹果股票会飞还是跌？</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Motley Fool</strong><span class=\"h-time small\">2021-12-06 22:12</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of <b>Apple</b> have recovered nicely in 2021 after a shaky start to the year, gaining more than 23%. What's impressive is that Apple has staged a comeback despite supply chain challenges that hurt its sales in the fourth quarter of fiscal 2021 (which ended on Sept. 25). In addition, investors have shown their faith in the tech giant even with weaker-than-expected guidance for the quarter that ends in December.</p><p><blockquote>本公司之股份<b>苹果</b>在经历了不稳定的开局后，2021年已经很好地复苏，涨幅超过23%。令人印象深刻的是，尽管供应链挑战损害了其2021财年第四季度（截至9月25日）的销售，但苹果还是卷土重来。此外，尽管截至12月的季度指引弱于预期，但投资者仍表现出了对这家科技巨头的信心。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/01f45160862cc6cb5e3ed7b3185ae9a9\" tg-width=\"720\" tg-height=\"387\" width=\"100%\" height=\"auto\"><span>AAPL data by YCharts.</span></p><p><blockquote><p class=\"t-img-caption\"><span>YCharts提供的AAPL数据。</span></p></blockquote></p><p> As the chart above shows, Apple stock has gained momentum since the beginning of October. That's not surprising as the launch of the iPhone 13 gave investors a reason to cheer, with the device witnessing robust demand that outpaced supply. The company hasn't been able to make enough iPhones to meet the higher-than-expected demand as component shortages and coronavirus-driven shutdowns crippled production.</p><p><blockquote>如上图所示，苹果股票自10月初以来势头强劲。这并不奇怪，因为iPhone 13的推出给了投资者一个欢呼的理由，该设备的强劲需求超过了供应。由于零部件短缺和冠状病毒导致的停工导致生产瘫痪，该公司无法生产足够的iPhone来满足高于预期的需求。</blockquote></p><p> In an ideal world, this should lead to strong iPhone shipments in 2022 when the supply chain improves, boosting Apple's top and bottom lines and its stock price in the process. But that may not be the case, causing the stock to lose momentum early in the new year. Let's see why.</p><p><blockquote>在理想的情况下，当供应链改善时，这应该会导致2022年iPhone出货量强劲，从而提振苹果的营收和利润以及股价。但事实可能并非如此，导致该股在新年伊始失去动力。让我们看看为什么。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a9f332fa65e3d67539a23dd91573637d\" tg-width=\"2000\" tg-height=\"1125\" width=\"100%\" height=\"auto\"><span>Image Source: Getty Images.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图片来源：盖蒂图片社。</span></p></blockquote></p><p> <b>Why Apple stock might fall next year</b></p><p><blockquote><b>为什么苹果股价明年可能下跌</b></blockquote></p><p> The iPhone is Apple's most important product. It produced nearly $192 billion in revenue for the company in fiscal 2021, which was just over 52% of its total revenue of $365.8 billion. Now, there are rumors that Apple may be losing customers due to its inability to make enough iPhones to satisfy demand.</p><p><blockquote>iPhone是苹果最重要的产品。2021财年，它为公司创造了近1920亿美元的收入，略高于其3658亿美元总收入的52%。现在，有传言称，由于无法生产足够的iPhone来满足需求，苹果可能正在失去客户。</blockquote></p><p> According to a Bloomberg report, the company has reportedly told its component suppliers that the demand for iPhone 13 models has weakened as potential consumers aren't interested anymore in buying the device due to lack of availability. A survey carried out in Japan indicates that the number of existing iPhone owners interested in upgrading to the latest device is lower than last year when more people were interested in upgrading to the iPhone 12.</p><p><blockquote>据彭博社报道，据报道，该公司已告诉其零部件供应商，由于缺乏可用性，潜在消费者不再有兴趣购买该设备，因此对iPhone 13型号的需求已经减弱。在日本进行的一项调查表明，有兴趣升级到最新设备的现有iPhone用户数量低于去年，当时有更多人有兴趣升级到iPhone 12。</blockquote></p><p> One of the reasons that may be the case is because of the long waiting times for the iPhone 13 Pro models, which are in stronger demand than the standard models. Third-party reports showed that the waiting time for the iPhone 13 Pro and the Pro Max ranged between 16 days and 23 days on Nov. 28. It is worth noting that Apple had reportedly reduced its 2021 iPhone 13 production target by 10 million units due to component shortages, which explains why its devices are still showing extensive waiting times.</p><p><blockquote>可能出现这种情况的原因之一是iPhone 13 Pro机型的等待时间很长，而iPhone 13 Pro机型的需求比标准机型更强劲。第三方报告显示，11月28日，iPhone 13 Pro和Pro Max的等待时间在16天到23天之间。值得注意的是，据报道，由于零部件短缺，苹果将2021年iPhone 13的产量目标减少了1000万部，这解释了为什么其设备仍然显示出长时间的等待时间。</blockquote></p><p> The problem is that iPhone 13 delays are expected to last until February 2022, as reported by DigiTimes last month. These long waiting times and delays are reportedly causing customers to put off their iPhone 13 purchases. This isn't surprising, as the iPhone 13 will be nearly half a year old by the time it will be readily available for purchase in February next year.</p><p><blockquote>问题是，正如DigiTimes上个月报道的那样，iPhone 13的延迟预计将持续到2022年2月。据报道，这些漫长的等待时间和延迟导致客户推迟购买iPhone 13。这并不奇怪，因为iPhone 13在明年2月上市时已经有近半年的历史了。</blockquote></p><p> This could lead customers to drop the idea of purchasing the iPhone 13 and instead go for the 2022 models. As a result, iPhone revenue could take a hit in the near term and weigh on the company's financial performance and stock price in 2022.</p><p><blockquote>这可能会导致客户放弃购买iPhone 13的想法，转而购买2022款。因此，iPhone收入可能会在短期内受到打击，并拖累该公司2022年的财务业绩和股价。</blockquote></p><p> <b>The stock could fly higher in the long run</b></p><p><blockquote><b>从长远来看，该股可能会飞得更高</b></blockquote></p><p> Savvy investors, however, shouldn't worry about the potential short-term challenges Apple faces. Even if iPhone sales aren't as great as expected in the early part of 2022 due to problems out of the tech titan's control, one shouldn't forget the massive upgrade cycle that's driving Apple's growth.</p><p><blockquote>然而，精明的投资者不应该担心苹果面临的潜在短期挑战。即使由于科技巨头无法控制的问题，iPhone在2022年初的销量没有预期的那么好，人们也不应该忘记推动苹果增长的大规模升级周期。</blockquote></p><p> According to IDC, Apple shipped 50.4 million iPhones in the third quarter of 2021, a jump of nearly 21% over the year-ago period. The company delivered this impressive growth during a quarter when the overall smartphone market contracted 6.7% year over year, with its biggest rivals <b>Samsung</b> and <b>Xiaomi</b> witnessing a contraction in their shipments.</p><p><blockquote>根据IDC的数据，苹果2021年第三季度iPhone出货量为5040万部，同比增长近21%。该公司在整个智能手机市场同比萎缩6.7%的季度实现了令人印象深刻的增长，其最大的竞争对手<b>三星</b>和<b>小米</b>见证了他们的出货量的收缩。</blockquote></p><p> What's more, Apple is enjoying a nice bump in the average selling price of each iPhone. Sales might be hamstrung by component shortages over the next few months, but it cannot be denied that the company is enjoying a mix of volume and price growth thanks to the adoption of 5G smartphones.</p><p><blockquote>更重要的是，苹果每部iPhone的平均售价都大幅上涨。未来几个月，销售可能会因零部件短缺而受到阻碍，但不可否认的是，由于5G智能手机的采用，该公司正在享受销量和价格的混合增长。</blockquote></p><p> More importantly, there were more than a billion iPhone users at the beginning of 2021. Wedbush analyst Dan Ives pointed out in October that 25% of Apple's installed base of users haven't upgraded their iPhones in the past three and a half years, which means that there are at least 250 million users in an upgrade window who could buy the iPhone 13.</p><p><blockquote>更重要的是，2021年初iPhone用户超过10亿。Wedbush分析师Dan Ives在10月份指出，苹果25%的安装用户在过去三年半中没有升级iPhone，这意味着至少有2.5亿用户处于升级窗口，可以购买iPhone 13。</blockquote></p><p></p><p> Additionally, the number of iPhone users without a 5G device is even higher since the first 5G iPhone went on sale just over a year ago. All of this indicates that investors shouldn't miss the forest for the trees as the iPhone juggernaut can continue rolling in the long run and the supply chain constraints would probably be just a bump in the road.</p><p><blockquote>此外，自一年多前首款5G iPhone上市以来，没有5G设备的iPhone用户数量甚至更高。所有这些都表明，投资者不应只见树木不见森林，因为从长远来看，iPhone巨头可以继续发展，而供应链限制可能只是道路上的一个坎坷。</blockquote></p><p> As such, Apple stock can eventually regain its mojo once it gets the production challenges out of the way in 2022 and ships more iPhones to customers. And this is just one of the reasons this tech stock could fly higher next year as it is working on more products that could accelerate its growth in 2022 and beyond. That's why it might be a good idea to buy the stock in case of a dip as the near-term challenges could eventually make way for long-term gains.</p><p><blockquote>因此，一旦苹果在2022年解决生产挑战并向客户运送更多iPhone，其股票最终可以重拾魔力。这只是这只科技股明年可能走高的原因之一，因为它正在开发更多产品，这些产品可能会在2022年及以后加速增长。这就是为什么在股价下跌时购买该股可能是个好主意，因为近期的挑战最终可能会为长期收益让路。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.fool.com/investing/2021/12/06/will-apple-stock-fly-or-fall-in-2022/\">Motley Fool</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.fool.com/investing/2021/12/06/will-apple-stock-fly-or-fall-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125140621","content_text":"Shares of Apple have recovered nicely in 2021 after a shaky start to the year, gaining more than 23%. What's impressive is that Apple has staged a comeback despite supply chain challenges that hurt its sales in the fourth quarter of fiscal 2021 (which ended on Sept. 25). In addition, investors have shown their faith in the tech giant even with weaker-than-expected guidance for the quarter that ends in December.\nAAPL data by YCharts.\nAs the chart above shows, Apple stock has gained momentum since the beginning of October. That's not surprising as the launch of the iPhone 13 gave investors a reason to cheer, with the device witnessing robust demand that outpaced supply. The company hasn't been able to make enough iPhones to meet the higher-than-expected demand as component shortages and coronavirus-driven shutdowns crippled production.\nIn an ideal world, this should lead to strong iPhone shipments in 2022 when the supply chain improves, boosting Apple's top and bottom lines and its stock price in the process. But that may not be the case, causing the stock to lose momentum early in the new year. Let's see why.\nImage Source: Getty Images.\nWhy Apple stock might fall next year\nThe iPhone is Apple's most important product. It produced nearly $192 billion in revenue for the company in fiscal 2021, which was just over 52% of its total revenue of $365.8 billion. Now, there are rumors that Apple may be losing customers due to its inability to make enough iPhones to satisfy demand.\nAccording to a Bloomberg report, the company has reportedly told its component suppliers that the demand for iPhone 13 models has weakened as potential consumers aren't interested anymore in buying the device due to lack of availability. A survey carried out in Japan indicates that the number of existing iPhone owners interested in upgrading to the latest device is lower than last year when more people were interested in upgrading to the iPhone 12.\nOne of the reasons that may be the case is because of the long waiting times for the iPhone 13 Pro models, which are in stronger demand than the standard models. Third-party reports showed that the waiting time for the iPhone 13 Pro and the Pro Max ranged between 16 days and 23 days on Nov. 28. It is worth noting that Apple had reportedly reduced its 2021 iPhone 13 production target by 10 million units due to component shortages, which explains why its devices are still showing extensive waiting times.\nThe problem is that iPhone 13 delays are expected to last until February 2022, as reported by DigiTimes last month. These long waiting times and delays are reportedly causing customers to put off their iPhone 13 purchases. This isn't surprising, as the iPhone 13 will be nearly half a year old by the time it will be readily available for purchase in February next year.\nThis could lead customers to drop the idea of purchasing the iPhone 13 and instead go for the 2022 models. As a result, iPhone revenue could take a hit in the near term and weigh on the company's financial performance and stock price in 2022.\nThe stock could fly higher in the long run\nSavvy investors, however, shouldn't worry about the potential short-term challenges Apple faces. Even if iPhone sales aren't as great as expected in the early part of 2022 due to problems out of the tech titan's control, one shouldn't forget the massive upgrade cycle that's driving Apple's growth.\nAccording to IDC, Apple shipped 50.4 million iPhones in the third quarter of 2021, a jump of nearly 21% over the year-ago period. The company delivered this impressive growth during a quarter when the overall smartphone market contracted 6.7% year over year, with its biggest rivals Samsung and Xiaomi witnessing a contraction in their shipments.\nWhat's more, Apple is enjoying a nice bump in the average selling price of each iPhone. Sales might be hamstrung by component shortages over the next few months, but it cannot be denied that the company is enjoying a mix of volume and price growth thanks to the adoption of 5G smartphones.\nMore importantly, there were more than a billion iPhone users at the beginning of 2021. Wedbush analyst Dan Ives pointed out in October that 25% of Apple's installed base of users haven't upgraded their iPhones in the past three and a half years, which means that there are at least 250 million users in an upgrade window who could buy the iPhone 13.\nAdditionally, the number of iPhone users without a 5G device is even higher since the first 5G iPhone went on sale just over a year ago. All of this indicates that investors shouldn't miss the forest for the trees as the iPhone juggernaut can continue rolling in the long run and the supply chain constraints would probably be just a bump in the road.\nAs such, Apple stock can eventually regain its mojo once it gets the production challenges out of the way in 2022 and ships more iPhones to customers. And this is just one of the reasons this tech stock could fly higher next year as it is working on more products that could accelerate its growth in 2022 and beyond. That's why it might be a good idea to buy the stock in case of a dip as the near-term challenges could eventually make way for long-term gains.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":4149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608635967,"gmtCreate":1638707143274,"gmtModify":1638707143420,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/608635967","repostId":"1174181873","repostType":4,"repost":{"id":"1174181873","kind":"news","pubTimestamp":1638578178,"share":"https://www.laohu8.com/m/news/1174181873?lang=zh_CN&edition=full","pubTime":"2021-12-04 08:36","market":"us","language":"en","title":"US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174181873","media":"renaissancecap...","summary":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billi","content":"<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p><p><blockquote>IPO市场预计将在未来一周回暖，预计将有四起IPO筹集37亿美元。</blockquote></p><p> Buffett-backed <b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p><p><blockquote>巴菲特支持<b>Nu控股</b>(NU)计划以411亿美元的市值筹集25亿美元。这家巴西纯在线银行成立于2013年，名为Nubank，旨在推出具有移动优先客户体验的免费信用卡产品，但此后已扩展到提供各种其他金融产品。Nu自成立以来发展迅速，目前拥有近5000万客户群，尽管随着客户群的增长，每个客户的收入一直在下降。</blockquote></p><p> Cloud infrastructure platform <b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.</p><p><blockquote>云基础设施平台<b>哈希公司</b>(HCP)计划以140亿美元的市值筹集11亿美元。这家风险投资支持的公司提供了一套解决方案，可标准化和自动化大规模云基础设施的配置、保护、连接和运行。尽管HashiCorp表现出快速增长和粘性客户群，但由于S&M支出，HashiCorp非常无利可图。</blockquote></p><p> Cannabis finance REIT <b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p><p><blockquote>大麻金融房地产投资信托基金<b>芝加哥大西洋房地产金融</b>(REFI)计划以2.96亿美元的市值筹集1.06亿美元。这个新成立的房地产投资信托基金专注于发起、构建和投资由商业房地产担保的第一抵押贷款和另类结构性融资。其目前的投资组合包括向大麻行业国家许可运营商提供的高级贷款。</blockquote></p><p> Canadian gold exploration company <b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p><p><blockquote>加拿大黄金勘探公司<b>奥斯汀·戈尔德</b>(AUST)计划以6400万美元的市值筹集1500万美元。这家加拿大黄金勘探公司目前拥有位于内华达州的四处地产的权益，目前只有一处地产被认为是重要的。迄今为止，奥斯汀黄金尚未产生任何营业收入。</blockquote></p><p></p>","source":"lsy1619493174116","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>US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nUS IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-12-04 08:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p><p><blockquote>IPO市场预计将在未来一周回暖，预计将有四起IPO筹集37亿美元。</blockquote></p><p> Buffett-backed <b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p><p><blockquote>巴菲特支持<b>Nu控股</b>(NU)计划以411亿美元的市值筹集25亿美元。这家巴西纯在线银行成立于2013年，名为Nubank，旨在推出具有移动优先客户体验的免费信用卡产品，但此后已扩展到提供各种其他金融产品。Nu自成立以来发展迅速，目前拥有近5000万客户群，尽管随着客户群的增长，每个客户的收入一直在下降。</blockquote></p><p> Cloud infrastructure platform <b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.</p><p><blockquote>云基础设施平台<b>哈希公司</b>(HCP)计划以140亿美元的市值筹集11亿美元。这家风险投资支持的公司提供了一套解决方案，可标准化和自动化大规模云基础设施的配置、保护、连接和运行。尽管HashiCorp表现出快速增长和粘性客户群，但由于S&M支出，HashiCorp非常无利可图。</blockquote></p><p> Cannabis finance REIT <b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p><p><blockquote>大麻金融房地产投资信托基金<b>芝加哥大西洋房地产金融</b>(REFI)计划以2.96亿美元的市值筹集1.06亿美元。这个新成立的房地产投资信托基金专注于发起、构建和投资由商业房地产担保的第一抵押贷款和另类结构性融资。其目前的投资组合包括向大麻行业国家许可运营商提供的高级贷款。</blockquote></p><p> Canadian gold exploration company <b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p><p><blockquote>加拿大黄金勘探公司<b>奥斯汀·戈尔德</b>(AUST)计划以6400万美元的市值筹集1500万美元。这家加拿大黄金勘探公司目前拥有位于内华达州的四处地产的权益，目前只有一处地产被认为是重要的。迄今为止，奥斯汀黄金尚未产生任何营业收入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee\">renaissancecap...</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCP":"HashiCorp, Inc.","NU":"Nu Holdings Ltd.","REFI":"Chicago Atlantic Real Estate Finance, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174181873","content_text":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.\nBuffett-backed Nu Holdings(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.\nCloud infrastructure platform HashiCorp(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.\nCannabis finance REIT Chicago Atlantic Real Estate Finance(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.\nCanadian gold exploration company Austin Gold(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.","news_type":1,"symbols_score_info":{"NU":0.9,"HCP":0.9,"REFI":0.9}},"isVote":1,"tweetType":1,"viewCount":3205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":608315610,"gmtCreate":1638625142333,"gmtModify":1638625142476,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Yo","listText":"Yo","text":"Yo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/608315610","repostId":"1174181873","repostType":4,"repost":{"id":"1174181873","kind":"news","pubTimestamp":1638578178,"share":"https://www.laohu8.com/m/news/1174181873?lang=zh_CN&edition=full","pubTime":"2021-12-04 08:36","market":"us","language":"en","title":"US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1174181873","media":"renaissancecap...","summary":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billi","content":"<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p><p><blockquote>IPO市场预计将在未来一周回暖，预计将有四起IPO筹集37亿美元。</blockquote></p><p> Buffett-backed <b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p><p><blockquote>巴菲特支持<b>Nu控股</b>(NU)计划以411亿美元的市值筹集25亿美元。这家巴西纯在线银行成立于2013年，名为Nubank，旨在推出具有移动优先客户体验的免费信用卡产品，但此后已扩展到提供各种其他金融产品。Nu自成立以来发展迅速，目前拥有近5000万客户群，尽管随着客户群的增长，每个客户的收入一直在下降。</blockquote></p><p> Cloud infrastructure platform <b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.</p><p><blockquote>云基础设施平台<b>哈希公司</b>(HCP)计划以140亿美元的市值筹集11亿美元。这家风险投资支持的公司提供了一套解决方案，可标准化和自动化大规模云基础设施的配置、保护、连接和运行。尽管HashiCorp表现出快速增长和粘性客户群，但由于S&M支出，HashiCorp非常无利可图。</blockquote></p><p> Cannabis finance REIT <b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p><p><blockquote>大麻金融房地产投资信托基金<b>芝加哥大西洋房地产金融</b>(REFI)计划以2.96亿美元的市值筹集1.06亿美元。这个新成立的房地产投资信托基金专注于发起、构建和投资由商业房地产担保的第一抵押贷款和另类结构性融资。其目前的投资组合包括向大麻行业国家许可运营商提供的高级贷款。</blockquote></p><p> Canadian gold exploration company <b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p><p><blockquote>加拿大黄金勘探公司<b>奥斯汀·戈尔德</b>(AUST)计划以6400万美元的市值筹集1500万美元。这家加拿大黄金勘探公司目前拥有位于内华达州的四处地产的权益，目前只有一处地产被认为是重要的。迄今为止，奥斯汀黄金尚未产生任何营业收入。</blockquote></p><p></p>","source":"lsy1619493174116","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>US IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nUS IPO Week Ahead: Digital banking and cloud infrastructure lead a 4 IPO week<blockquote>美国IPO周：数字银行和云基础设施引领IPO周4</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">renaissancecap...</strong><span class=\"h-time small\">2021-12-04 08:36</span>\n</p>\n</h4>\n</header>\n<article>\n<p>The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.</p><p><blockquote>IPO市场预计将在未来一周回暖，预计将有四起IPO筹集37亿美元。</blockquote></p><p> Buffett-backed <b>Nu Holdings</b>(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.</p><p><blockquote>巴菲特支持<b>Nu控股</b>(NU)计划以411亿美元的市值筹集25亿美元。这家巴西纯在线银行成立于2013年，名为Nubank，旨在推出具有移动优先客户体验的免费信用卡产品，但此后已扩展到提供各种其他金融产品。Nu自成立以来发展迅速，目前拥有近5000万客户群，尽管随着客户群的增长，每个客户的收入一直在下降。</blockquote></p><p> Cloud infrastructure platform <b>HashiCorp</b>(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.</p><p><blockquote>云基础设施平台<b>哈希公司</b>(HCP)计划以140亿美元的市值筹集11亿美元。这家风险投资支持的公司提供了一套解决方案，可标准化和自动化大规模云基础设施的配置、保护、连接和运行。尽管HashiCorp表现出快速增长和粘性客户群，但由于S&M支出，HashiCorp非常无利可图。</blockquote></p><p> Cannabis finance REIT <b>Chicago Atlantic Real Estate Finance</b>(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.</p><p><blockquote>大麻金融房地产投资信托基金<b>芝加哥大西洋房地产金融</b>(REFI)计划以2.96亿美元的市值筹集1.06亿美元。这个新成立的房地产投资信托基金专注于发起、构建和投资由商业房地产担保的第一抵押贷款和另类结构性融资。其目前的投资组合包括向大麻行业国家许可运营商提供的高级贷款。</blockquote></p><p> Canadian gold exploration company <b>Austin Gold</b>(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.</p><p><blockquote>加拿大黄金勘探公司<b>奥斯汀·戈尔德</b>(AUST)计划以6400万美元的市值筹集1500万美元。这家加拿大黄金勘探公司目前拥有位于内华达州的四处地产的权益，目前只有一处地产被认为是重要的。迄今为止，奥斯汀黄金尚未产生任何营业收入。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee\">renaissancecap...</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HCP":"HashiCorp, Inc.","NU":"Nu Holdings Ltd.","REFI":"Chicago Atlantic Real Estate Finance, Inc."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89235/US-IPO-Week-Ahead-Digital-banking-and-cloud-infrastructure-lead-a-4-IPO-wee","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174181873","content_text":"The IPO market is expected to pick up in the week ahead with four IPOs scheduled to raise $3.7 billion.\nBuffett-backed Nu Holdings(NU) plans to raise $2.5 billion at a $41.1 billion market cap. Operating as Nubank, this Brazilian online-only bank was formed in 2013 to launch a no-fees credit card offering with a mobile-first customer experience, but has since expanded to offer various other financial products. Nu has grown rapidly since its inception, with a current base of nearly 50 million customers, though revenue per customer has been falling as its base grows.\nCloud infrastructure platform HashiCorp(HCP) plans to raise $1.1 billion at a $14.0 billion market cap. This VC-backed company provides a suite of solutions that standardize and automate the provisioning, securing, connecting, and running of cloud infrastructure at scale. While it has demonstrated rapid growth and a sticky customer base, HashiCorp is highly unprofitable due to S&M spend.\nCannabis finance REIT Chicago Atlantic Real Estate Finance(REFI) plans to raise $106 million at a $296 million market cap. This newly-formed REIT is focused on originating, structuring, and investing in first mortgage loans and alternative structured financings secured by commercial real estate properties. Its current portfolio consists of senior loans to state-licensed operators in the cannabis industry.\nCanadian gold exploration company Austin Gold(AUST) plans to raise $15 million at a $64 million market cap. This Canadian gold exploration company currently has interests in four properties located in the state of Nevada, with just one property that it considers material at this time. Austin Gold has not generated any operating revenues to date.","news_type":1,"symbols_score_info":{"NU":0.9,"HCP":0.9,"REFI":0.9}},"isVote":1,"tweetType":1,"viewCount":2622,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601395209,"gmtCreate":1638489813238,"gmtModify":1638489813441,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Mmm","listText":"Mmm","text":"Mmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/601395209","repostId":"2188510525","repostType":4,"isVote":1,"tweetType":1,"viewCount":4195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601011903,"gmtCreate":1638459049655,"gmtModify":1638459049766,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Wah","listText":"Wah","text":"Wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/601011903","repostId":"1184441337","repostType":4,"repost":{"id":"1184441337","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638457715,"share":"https://www.laohu8.com/m/news/1184441337?lang=zh_CN&edition=full","pubTime":"2021-12-02 23:08","market":"us","language":"en","title":"Ride-hailing firm stocks jumped in morning trading<blockquote>网约车公司股价早盘上涨</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1184441337","media":"Tiger Newspress","summary":"Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%.\n\nU.S. ride-hailin","content":"<p>Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%.</p><p><blockquote>网约车公司股价早盘上涨。Uber和Lyft股价飙升6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6d9a656cecda9bc2db20bbf768fa942a\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/c8c348ae77337f8a53912df8f8d6bb3b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> U.S. ride-hailing company Uber Technologies Ltd said on Thursday it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp.</p><p><blockquote>美国叫车公司优步科技有限公司周四表示，将推出一项功能，允许印度用户通过消息服务WhatsApp预订乘车服务。</blockquote></p><p> The move could help Uber tap into the more than 500 million user base of Meta Platforms-owned WhatsApp in India.</p><p><blockquote>此举可能有助于Uber挖掘Meta Platforms旗下WhatsApp在印度超过5亿的用户群。</blockquote></p><p> In addition,Uber Technologies Inc on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety, allowing drivers and riders to send trip recordings to Uber in case of a safety incident.</p><p><blockquote>此外，Uber Technologies Inc周四表示，将在美国三个城市推出一项可选的录音试点计划，以增强安全性，允许司机和乘客在发生安全事故时向Uber发送行程录音。</blockquote></p><p></p>","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>Ride-hailing firm stocks jumped in morning trading<blockquote>网约车公司股价早盘上涨</blockquote></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: 12.5px; color: #7E829C; margin: 0;}\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\">\nRide-hailing firm stocks jumped in morning trading<blockquote>网约车公司股价早盘上涨</blockquote>\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time smaller\">2021-12-02 23:08</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<p>Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%.</p><p><blockquote>网约车公司股价早盘上涨。Uber和Lyft股价飙升6%。</blockquote></p><p> <img src=\"https://static.tigerbbs.com/6d9a656cecda9bc2db20bbf768fa942a\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/c8c348ae77337f8a53912df8f8d6bb3b\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p><blockquote></blockquote></p><p> U.S. ride-hailing company Uber Technologies Ltd said on Thursday it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp.</p><p><blockquote>美国叫车公司优步科技有限公司周四表示，将推出一项功能，允许印度用户通过消息服务WhatsApp预订乘车服务。</blockquote></p><p> The move could help Uber tap into the more than 500 million user base of Meta Platforms-owned WhatsApp in India.</p><p><blockquote>此举可能有助于Uber挖掘Meta Platforms旗下WhatsApp在印度超过5亿的用户群。</blockquote></p><p> In addition,Uber Technologies Inc on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety, allowing drivers and riders to send trip recordings to Uber in case of a safety incident.</p><p><blockquote>此外，Uber Technologies Inc周四表示，将在美国三个城市推出一项可选的录音试点计划，以增强安全性，允许司机和乘客在发生安全事故时向Uber发送行程录音。</blockquote></p><p></p>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBER":"优步","LYFT":"Lyft, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184441337","content_text":"Ride-hailing firm stocks jumped in morning trading.Uber and Lyft shares surged 6%.\n\nU.S. ride-hailing company Uber Technologies Ltd said on Thursday it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp.\nThe move could help Uber tap into the more than 500 million user base of Meta Platforms-owned WhatsApp in India.\nIn addition,Uber Technologies Inc on Thursday said it will launch an optional audio recording pilot program in three U.S. cities to enhance safety, allowing drivers and riders to send trip recordings to Uber in case of a safety incident.","news_type":1,"symbols_score_info":{"LYFT":0.9,"UBER":0.9}},"isVote":1,"tweetType":1,"viewCount":2649,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600771579,"gmtCreate":1638201462721,"gmtModify":1638201463065,"author":{"id":"3580354890331124","authorId":"3580354890331124","name":"Foreverhuat","avatar":"https://static.tigerbbs.com/62fc823435d8b068f4f4c4263b83900a","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580354890331124","idStr":"3580354890331124"},"themes":[],"htmlText":"Also","listText":"Also","text":"Also","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600771579","repostId":"1143270367","repostType":4,"isVote":1,"tweetType":1,"viewCount":3782,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}