Comments on: 3G iPhone within six months says subprime-ravaged Citibank http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/ Gadgets, gear and computer hardware. Sat, 06 Sep 2008 06:55:33 +0000 http://wordpress.org/?v=2.6.1 By: Scott http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/#comment-589701 Scott Wed, 13 Feb 2008 18:40:17 +0000 http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/#comment-589701 Citing the sub-prime difficulties as a reason not to rely on an equity analyst's opinion shows a total lack of comprehension of how investment banks operate. As a former Salomon Brothers analyst (which was acquired by Citibank), I guarantee the mortgage side of the business has no connection whatsoever with the equities business. Moreover, analysts operate fairly autonomously within even the equities division so one analyst's credibility does not extend to another. Add that to rick Gardner's fairly high reputation and the real credibility gap would seem to fall upon Mr. Deleon himself. Really poor work. Citing the sub-prime difficulties as a reason not to rely on an equity analyst’s opinion shows a total lack of comprehension of how investment banks operate. As a former Salomon Brothers analyst (which was acquired by Citibank), I guarantee the mortgage side of the business has no connection whatsoever with the equities business. Moreover, analysts operate fairly autonomously within even the equities division so one analyst’s credibility does not extend to another. Add that to rick Gardner’s fairly high reputation and the real credibility gap would seem to fall upon Mr. Deleon himself. Really poor work.

]]> By: dhario http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/#comment-588864 dhario Tue, 12 Feb 2008 14:31:45 +0000 http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/#comment-588864 i think citibanks' subprime mess is separate from their analyst and are probably completely different business units that never talk to one another. subprime mess was a systemic problem across all financial institutions not just citibanks. they were probably more aggregive than others in their lending practices... wouldn't disregard the 3G iphone report based on the subprime issue -- the 2 don't appear related i think citibanks’ subprime mess is separate from their analyst and are probably completely different business units that never talk to one another. subprime mess was a systemic problem across all financial institutions not just citibanks. they were probably more aggregive than others in their lending practices…

wouldn’t disregard the 3G iphone report based on the subprime issue — the 2 don’t appear related

]]> By: Adam B http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/#comment-588801 Adam B Tue, 12 Feb 2008 13:14:06 +0000 http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/#comment-588801 I'd be surprised if it was released in Europe before the U.S. I’d be surprised if it was released in Europe before the U.S.

]]> By: Azazello http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/#comment-588794 Azazello Tue, 12 Feb 2008 13:04:11 +0000 http://www.crunchgear.com/2008/02/12/3g-iphone-within-six-months-says-subprime-ravaged-citibank/#comment-588794 ...make it Citigroup. Apple was not telling anything to Richard Gardner -- Apple does not disclose production data -- he tried to analyze supplier-leaked order info about manufacturing rates. There are no implications of differential treatment of markets as far as I can see. AND refrain from throwing around incompetencies, please. Play nice! …make it Citigroup. Apple was not telling anything to Richard Gardner — Apple does not disclose production data — he tried to analyze supplier-leaked order info about manufacturing rates. There are no implications of differential treatment of markets as far as I can see. AND refrain from throwing around incompetencies, please. Play nice!

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