Daily Market Blog: iPhone and Facebook rock and roll

24-APR-14

"Apple released results for their second quarter for the 2014 financial year last evening. The numbers, all except for the tablet, are eye popping, selling more iPhone's than anticipated, 43.719 million iPhones for the quarter in total. Estimates were for 37.7 million. Wow. China sales were strong, including demand for the prior model, the iPhone 4S is selling well in that geography. Strong performance too in emerging markets, really strong. It is a strong business tool now, with mention being given to Deutsche Bank and Elli Lilly on the earnings call."


"Facebook now have 1.2bn subscribers, who else has that many clients? The potential is infinite to connect almost any facet of life whether it be virtual communication, mobile payments, internet connections, gaming, retail, music and many many more. Communication is the core of our human existence and Facebook are about to make Billions from it. By proving that they can monetise mobile I think The Zuck and his management team have proven themselves (not that they had to) to be very smart a savvy operators. They have certainly earned my trust, we continue to add to this one."

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Stocks which we currently recommend

African Bank is one of SA's largest consumer finance companies.

Amazon.com is the world's leading online retailer.

Apple is global leader in tablet and smartphone technology.

Aspen is a rising global star in generic pharmaceuticals.

BHP Billiton is the world's largest industrial commodity mining company.

Bidvest is a diversified services company, which may re-organise its portfolio.

Cashbuild is a supplier of basic building materials in peri-urban and rural areas.

Cisco designs, manufactures, and sells internet infrastructure.

City Lodge is a growing mid-priced hotel group in urban areas of SA.

Discovery is a healthcare services administrator and life insurer.

Famous Brands is SA's largest quick-service restaurant group.

General Electric is a diversified investment holding company.

Google is the world's biggest search engine and online advertising platform.

Johnson & Johnson is the largest consumer healthcare and pharma company.

L'Oreal is a world leader in the manufacturing and sale of beauty products.

MTN Group is an emerging markets mobile telecoms giant.

Massmart is a big-box discount retailer in Africa, now 51% owned by Wal-Mart.

McDonald's is a leader globally in the casual dining market.

Naspers is an in emerging markets company focussed on digital TV & Internet.

Nike is a global designer and retailer of sporting equipment.

Richemont is a luxury brands company expanding in Asia.

Sasol is a global player in chemicals and fuels technology.

Starbucks is a roaster, marketer and retailer of coffee.

Tiger Brands is a basic and branded food producer, expanding through Africa.

Visa is a global payments technology company.

Woolworths is SA's leading organic food retailer & clothing business.

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