Microsoft has better fundamentals, but buy Apple, says tech investor

Microsoft has better fundamentals, but buy Apple, says Heartland Financial CIO

Microsoft has better fundamentals, but buy Apple, says Heartland Financial CIO   11 Hours Ago | 02:58

Microsoft may have replaced Apple as the most valuable U.S. company, but don’t count Apple out, investor Nancy Tengler told CNBC on Friday.

“Clearly the fundamentals are better for Microsoft in terms of which space they’re in — the cloud space, the growth they’re experiencing — but I’m not willing to walk away from Apple at these levels,” the chief investment officer at Heartland Financial said on “Closing Bell.”

Microsoft’s market cap held an implied market valuation of $851.2 billion at Friday’s close, exceeding Apple’s market valuation of $847.4 billion.

Tim Cook, chief executive office of Apple Inc., speaks during an event at Lane Technical College Prep High School in Chicago, Illinois, U.S., on Tuesday, March 27, 2018. Apple is making announcements in a bid to win back students and teachers from Google and Microsoft Corp. 

Christopher Dilts | Bloomberg | Getty Images
Tim Cook, chief executive office of Apple Inc., speaks during an event at Lane Technical College Prep High School in Chicago, Illinois, U.S., on Tuesday, March 27, 2018. Apple is making announcements in a bid to win back students and teachers from Google and Microsoft Corp.

Tengler, who owns shares of both Apple and Microsoft, said she’s closer to selling Microsoft and buying Apple right now. “This is an interesting time to be adding.”

“We have to get used to the recalibration of iPhone flat sales, no transparency, what’s the next big thing,” she said. “We’re going to find it’s services and something we haven’t thought of yet. Look at the Apple Watch, it’s just kind of been a stealth outperformer.”

Apple shares have had a few rough weeks, releasing disappointing earnings on Nov. 1. The tech giant also announced it would no longer break out iPhone, iPad and Mac sales figures, which garnered a swift response from Wall Street.

However, Tengler dismissed analysts’ concerns.

“Wall Street gets embarrassed. They’re like a woman scorned. When they don’t get the information they want, then they begin to pile on,” she said.

She is betting that Apple will make the successful transition to the next big thing and will bring the Street along. It just may take some time, she added.

[“source=cnbc”]

The New Sony Xperia XZ2 Has Tools for Small Business Content Marketers

  • The New Sony Xperia XZ2 Made for Creators
  • Sony (NYSE: SNE) announced the Xperia XZ2 at Mobile World Congress 2018, where the prevailing theme amongst smartphone manufacturers this year has been cameras and entertainment.
  • Hideyuki Furumi, Executive Vice President of Global Sales and Marketing for Sony Mobile Communications, explained in a press release, “If entertainment is your priority, then our new Xperia XZ2 and XZ2 Compact are your smartphones. We have pushed Sony’s boundaries even further with our new products for movie recording, viewing, and music listening.”
  • However, for content creators, particularly small business marketers, the XZ2 also has some noteworthy features which may persuade them to consider it as their daily driver, especially if the price is right.
  • The Xperia, Sony’s flagship phone, comes in two different versions. The XZ2 and the XZ2 Compact have been designed with quality cameras, display and audio technology content creators involved in small business marketers can take advantage of.
  • For small businesses operating in a creative field, the XZ2 is a smartphone packed with powerful features for creating and consuming content.
  • Sony Xperia XZ2 Specs
  • The specs both phones share include: a Qualcomm Snapdragon 845 processor, 4GB RAM, 64GB storage expandable up to 400GB with MicroSD card, 18:9 Full HD+ (1080×2160) HDR display, TRILUMINOS Display for mobile, 19MP rear camera and 5MP front camera, fingerprint scanner on the back, and Android 8.0 Oreo.
  • The XZ2 has a 5.7-inch display, Dynamic Vibration system, QI Wireless charging, 3180mAh battery, and is covered in a 3D Gorilla Glass surface.
  • The compact version has a 5-inch display, polycarbonate finish and a 2870mAh battery.
  • The standout features of both phones are fast connection speeds (up to 1.2Gbps) with second-generation Gigabit LTE, 4K HDR Movie recording, 960 fps Super slow motion video (FHD/HD), Predictive Capture (motion/smile), 3D Creator, Movie Creator and AR effect.
  • Price and Availability
  • The Xperia line is not the first brand customers think of when they are in the market for a smartphone. But if Sony prices this phone right — meaning much lower than the $1,000 price tag of other flagship phones — it has a great chance of getting more recognition.
  • Sony hasn’t announced how much these phones will cost when they become available globally in March, so a decision on whether small businesses can fit this device in their budget must wait. However, when the XZ1 launched it was $699 and the XZ1 Compact came in at $599. So if the latest Sony phones come in anywhere near this, they will definitely get the attention of many businesses and consumers alike.
  • [“Source-smallbiztrends”]

Prudential already has a large footprint in China — the challenge is to grow that, says its CEO

Jason Alden | Bloomberg via Getty Images

China is committed to opening up its insurance sector just as it’s indicated, but it will be on its own time, said Mike Wells, Prudential Group CEO on Tuesday.

“Beijing is saying they have a plan for greater opening, and I think like everything in China the time frame is misaligned with U.S. time frames,” Wells told CNBC at the Singapore FinTech Festival.

“You’re not going to succeed across Asia if you’re not successful in China,” Wells said.

Prudential, Britain’s largest insurer, has been expanding into China for years. Prudential has a 50-50 joint venture with Chinese conglomerate Citic.

“We have licenses in about 70 percent of the economic footprint now with China, so our biggest challenge is growing into that footprint quickly,” Wells said.

China said this year it would accelerate a plan to lift the foreign ownership restriction in life insurance companies to 51 percent and eventually fully scrap the restriction.

“I think China’s not looking for a flood of foreign models, insurers and management teams in the market but they are saying ‘We want the expertise, the products, the capabilities,'” he said.

Since August, there have been media reports that China’s most valuable insurer Ping An Insurance Group is looking to buy Prudential’s Asian business.

Last month, Prudential’s Asia chief executive, Nic Nicandrou, said the insurer had not received any offer for the regional business.

Asked about the Ping An deal, Wells said he was unable to comment on mergers and acquisitions, but that Prudential now has its hands full spinning off its U.K. business.

“It’s not off the table but … our days are pretty full right now,” Wells said.

[“source=cnbc”]