T-Mobile CEO: I'm Long Apple (AAPL)

Peter Kafka | May 24, 2008 7:47 PM

Ask a CEO why you should buy shares in his company and he'll go right into his sales pitch -- as he should. But ask him what other equities you ought to buy, and suddenly he becomes much less loquacious.

Reuters put a battery of top execs through that drill this week at one of the company's occasional summits. You can find the rationale for each pick (or non-pick) here, but be warned: Reading this stuff will may knock you out faster than a warm milk/half-an-Ambien combo.

The most interesting one, by far, is from T-Mobile CEO Hamid Akhavan, whose network was snubbed by Apple in the iPhone sweepstakes, but still admires El Jobso. Or perhaps he doesn't want to waste an opportunity to suck up to him.

The bare bones results here:
Hamid Akhavan, CEO, T-Mobile (TMOG.UL): Apple (AAPL)
Brian Hala, CEO, National Semi (NSM): Cisco (CSCO)
John Chen, CEO, Sybase (SY): Google (GOOG)
Bill Watkins, CEO, Seagate (STX): Western Digital (WDC)
Martin Sorrell, CEO, WPP (WPP.L): Nielsen, which mere mortals can't invest in, because it's private.
Dave DeWalt, CEO, McAfee (MFE): VMware (VMW); Citrix (CTXS); NetApp (NTAP); EMC (EMC)
H C Kwon, SVP, Hynix: Samsung
Rick Lindner, CFO, AT&T (T): BP (BP.L)
Jean-Francois Decaux, Chairman, JCDecaux: Google (GOOG)
Erik Wachtmeister, founder, A Small World: Research In Motion (RIMM)
Yannick, Levy, CEO, DiBcom: Qualcomm (QCOM)
Gerhard Florin, EVP, Electronic Arts (ERTS): Nintendo
Mike Splinter, CEO, Applied Materials (AMAT): "Stocks in energy"
Rick Simonson, CFO, Nokia (NOK): Non-answer
Dan Schulman, CEO, Virgin Mobile (VM): No answer
Enrique Salem, COO, Symantec (SYMC): No answer

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Just two GOOG?

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May. 25, 11:56 AM

Thanks for collecting the links. It continues to disturb me to hear summaries of past events that, while unintentional, give a distorted picture. I'm talking of your description of the Apple and T-Mobile negotiations described as: "... CEO Hamid Akhavan, whose network was snubbed by Apple in the iPhone sweepstakes ...". My recollection was that Mr. Akhavan released a critical comment about the iPhone's prospects; and that it was reported that they had refused to share revenue as Apple had asked. This is far from any content I can recall that can be described as a snub. Perhaps Peter Kafka means "loosing out" to AT&T is, in effect, a "snub".

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May. 25, 1:12 PM

Robert, you're right: I did use "snub" as a synonym for "losing the iPhone sweepstakes to AT&T". Don't think I overstepped on this one, though.

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"Moron Idiot" Cant even figure out how to stay ON TOPIC

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May. 25, 5:57 PM

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May. 26, 6:49 PM

Snubbed, lost out, missed the boat, opted out, whatever. It boils down to the same result. It's less interesting that T-Mobile's CEO is long on AAPL than it is to see Apple mentioned only once – particularly given the company's track record over the last few years.

You have to wonder if the rest of the tech industry is in denial.

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T-Mobile CEO: I'm Long Apple (AAPL)

Peter Kafka | May 24, 2008 7:47 PM

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