We knew the index funds had to move a lot of Apple shares around today.
From "Expect Apple to benefit from its Apple Intelligence software, says Bernstein's Toni Sacconaghi" which aired Friday on CNBC.
Read More Apple's going to sell 25% more iPhones — eventually — says Toni Sacconaghi
Even though it is at least 50% more expensive than in the West.
Read More Russian grey-market reseller says pre-orders for iPhone 16 are up 15% over the 15
Lacking the Apple Intelligence updates, early adopters seem to be there for the camera, the battery life and the Tim Cook selfie.
Read More CNBC reports shorter iPhone lines at NYC's flagship Apple Store (video)
"Isn't AAPL essentially a single product company, since everything else it sells is an up-sell after a consumer buys an iPhone?"
Read More Needham's Laura Martin asks some tough Apple questions

Snapshots of Apple's finances you won't find anywhere else.
I'll be presenting — not reporting — along with Horace Dediu, Ben Bajarin, Gene Munster, Daniel Ives, Laura Martin, Jay Goldberg and others.
Read More Headed to Boston for the Apple Worldwide Investors Conference
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