Thesis: AI hardware grows exponentially in two dimensions. Apple devices in only one.

"Edge devices were destined to stop compounding once penetration reached a certain level."

15 Comments

Premarket: Apple is green

2 months ago

Published August 28, 2026 by Philip Elmer-DeWitt

Premarket: Apple is green

From CNBC's "Stock futures are mixed as investors count down to Warsh’s Jackson Hole address" posted early Friday.

Rotating out of Apple

"Investors have frequently rotated from software into chips, and sometimes vice versa, this year. But with both sectors surging ahead of the open Thursday, the money has to be moved somewhere."

Apple dominated June quarter smartphone sales

"Apple’s iPhone 17 was the world's best-selling smartphone in Q2 2026, capturing 6% of global smartphone unit sales."

3 Comments

Evercore: 'The Little Mac That AI Can'

2 months ago

Published August 27, 2026 by Philip Elmer-DeWitt

Evercore: 'The Little Mac That AI Can'

"We view the new Mac mini as another example of Apple using its own silicon to push the Mac portfolio further into higher-value AI workflows." — Analyst Amit Daryanani

10 Comments

Apple event: Found in translation

2 months ago

Published August 27, 2026 by Philip Elmer-DeWitt

Apple event: Found in translation

"In the U.S. and several other countries, Apple used 'Surprise and Shine' as its tagline for the event, but in other countries, the tagline isn't a literal translation."