Apple on a tear, despite fear of DOJ and FTC


  1. S Lawton said:

    Meanwhile, Microsoft hit 1T again

    June 7, 2019
  2. Gregg Thurman said:

    WS has Risk Management divisions (VERY smart people) that examine all the downside possibilities of legal actions, political actions, etc, that may impact the performance, and by extension the equities, of publicly traded companies.

    It shouldn’t come as a surprise to anyone that Cook’s assertion that China has not retaliated in this trade war against Apple, and that he doesn’t think the governing bodies of China will retaliate led to this current rally (up $21.92 in 5 days).

    With the threat of a China retaliation eliminated its obvious that WS’s Risk Management teams aren’t concerned with US governmental actions that may negatively impact Apple.

    From here I’m now wondering how this rally will impact AAPL’s historic June swoon (that should commence on Monday) to July 4th week low.

    June 7, 2019
  3. Fred Stein said:

    Apple is headed for $2T.

    Summary (I’ll fill in more later):

    Apple’s leads in consumer privacy and security. Compared to Facebook and Google, the lead is perhaps a decade or infinity since these companies depend on selling your personal data. Microsoft and Amazon might be able to catch up.

    The digital transformation will impact every thing, personal convenience, entertainment, finance, , health, all enterprises, and government (at a snails pace).Few providers of digital transformation technology and services fully understand the security and privacy requirements. And very few have Apple’s insight into finding the scalable universal use cases.

    June 7, 2019
    • Jamie McDaniel said:

      2 trillion valuation divided by 3 billion shares in maybe 5 years? Yeah I’d be happy with those numbers!

      June 7, 2019
  4. Jerry W Doyle said:

    There’s a joke told amongst some business folk in China that Xi Jinping is sitting in his limousine reading a newspaper when his driver interrupts the president and says, “…Comrade, there’s a problem. The sign says turn Left for communism, turn Right for capitalism. Which way should I go? Xi tells his driver, “…There’s no problem. Just signal left and go right.”

    China needs US foreign companies and access to the US free-market economy.

    Most all the comments I read above have high merit. I’m not concern about Apple’s situation in China; and, Tim Cook’s comments ensuring as much adds further to my comfort level.

    China needs the USA’s market capitalism and its foreign companies, as China’s neighbors savor the potential opportunity to lure these companies to their respective borders to accomplish their own countries’ economic domestic expansion, as did China.

    Concomitantly, China’s paramount fear is “instability.” Since Tiananmen Square China has moved more toward suppressing political dissent, censoring the Internet, newspapers, magazines, television, religious faiths and most recently, assigning a social credit score through facial recognition of its citizens in order to make decisions about their comings and goings.

    The administration has initiated a geo-political strategy of a hopeful new American version of “winning without fighting.” It is in the vein of one of the more famous phrases uttered by an American president: “Walk softly and carry a big stick.”

    Past US administrations have shown weakness and an unwillingness to deal with China on its imposed unleveled trade playing field; and, weakness always is an invitation to aggression, which China exploited under previous administrations.

    China and the USA will find common ground and a degree of consensus on settling their trade differences. But it’s not over. China will continue to test the US on Taiwan, the nine-dash line, grabbing new territories from its neighbors, continued violation of trade rules, support of rogue regimes, cyberattacks, undermining international institutions, decimating human rights and a sundry of other geo-political issues of which I could enumerate. It ain’t over by a long shot (excuse the pun).

    Governing Boards of American companies whose manufacturing base is planted in China would do well to diversify their manufacturing supply chains.

    June 7, 2019

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