"What we're seeing in China is reflective of what is happening with the iPhone 17 more broadly, which is the right product resonating with the right price points."
Read More Morgan Stanley's Erik Woodring sees what Apple is doing
"We need a name, a term for when a company/person does what the whole world is utterly convinced is the wrong move — and then turns out to be right to earth-shattering effect."
WSJ: The source of AI froth
1 month ago
1 month agoA certain amount of corporate spending on AI companies might not be carefully thought through. It’s more performative, a demonstration that leadership is doing something.
“It was important for Apple to deliver on it this year to ride the big upgrade cycle from Covid-era buyers, and it has done so in spades.” — Analyst Ivan Lam
Read More Counterpoint: Apple's China iPhone sales jumped 22% after iPhone 17 launch
The company had long opposed giving Apple more access to Tesla customers — especially when the iPhone maker was angling to become a rival in electric vehicles.
Read More Bloomberg: Elon Musk may cave and add Apple's CarPlay to Tesla's oversized screen
Premarket: Apple is red
1 month ago
1 month agoFrom Reuters' "US futures drop on fading December rate-cut expectations" posted early Friday.
"We think the quarterly opportunity from Tencent alone could be somewhere in the range of ~$125-400M." — Analyst Amit Daryanani
Read More Evercore: Apple & Tencent – Mini Apps, Major Opportunity
CNBC's bizarre Apple chyron
1 month ago
1 month agoNobody was suggesting that Apple buy OpenAI, not even the guest.
Apple’s agreement with Tencent marks an important step toward normalizing relations in one of its most important markets.
Read More Apple opens up a new Chinese revenue stream with 15% of WeChat mini games
The claim is that EU users are not benefiting, and nor are EU-based developers.
Read More Apple-funded study suggests that the EU's $2.5 billion App Store fines were for naught
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