ben luna on Ternus as Apple CEO: What the analysts are saying - 'I’m guessing that now is an especially good time to announce this transition. This could be a banner year for Apple products, so far so good, and their financials, to whit their next earnings announcement.'
on In theory, Apple's market share should grow with the rise in memory costs - 'FINALLY someone who recognizes that looking at what rising chips prices means for Apple’s near-future production and financials has to be weighed against what it means for their competitors! And in terms of supply chain efficiency, price competitiveness that comes from Apple’s longstanding and dominant position with TMSC, and the price/compute efficiency of Apple’s A- and M-series chips, Apple’s in an exceptionally good position relative to competitors.'
on Premarket: Apple is green - 'From the opening bell Apple powered higher and is currently up $6.68 at $272.85. The major indexes are all in the green. Among the S&P 500 components GE Vernova is up 12.86% at $1,118.76 on very strong earnings. Masco, a major building products provider, is up just under 12% today at $74.73 as the company tops eps expectations in its most recent quarter. Nearly 50% of index components are higher on the day as we enter the noon hour in New York.'
on Barron's is bullish on Ternus - 'This is an excellent perspective on Cook: https://www.engadget.com/big-tech/heres-to-the-stable-ones-in-praise-of-tim-cook-144850435.html?src=rss “Here’s to the stable ones: In praise of Tim Cook”'
on Barron's is bullish on Ternus - 'I should have done this first, I looked up the iPhone launch. What Jobs actually said was, “this is the day I’ve been looking forward to for two and a half years”'
on Barron's is bullish on Ternus - '9to5 mac (a friend of Eddie) said, “In his own comments to employees, Ternus said that he’s “especially excited to be stepping into this role at this moment, because I am telling you we are about to change the world once again.” He said Apple has an “incredible road map ahead, and I’m not exaggerating when I say this is the most exciting time to be building products and services at Apple in my entire career.” […] “AI is going to create almost unlimited potential,” he said. “We’re going to be able to keep unlocking possibilities that are going to create entirely new opportunities for our products and services, and I’m so excited about what that’s going to mean for our users.” They then go to say, “Many of Ternus’s reported remarks are full of hyperbole. But that’s probably fitting for the next Apple CEO. Cook has also been known to make plenty of exuberant, borderline over-the-top remarks about Apple’s future pipeline and ambitions, so Ternus is simply following his predecessor in that regard. It is important to preserve team morale during a big transition, and Ternus is clearly trying to do that here. ” They couldn’t be more wrong… Apple is not marketing a transition here. I have been dissecting Tim’s focus on community for the past couple of years, intersecting as it does with some of my day job. This is more, so much more than corporate shuffling. His Letter to the Apple Community isn’t just nice PR. As Apple has grown, it’s become more of an ecosystem than a supply chain and stewarding that community at global scale is something Apple has decided is very important. Because Community is the diffusion model for Apple neo — the Apple designed for (yes designed for), an age of ambient trust, resident agentic intelligence and a new intimacy economy. Apple Intelligence, AI for the rest of us, is going to fuse digital and human with a fidelity and latency and privacy that will be unmatched. Apple has refactored the entire stack— silicon, software, devices, services and now, customers. Not users of devices any more, but members of the Apple Community. John’s got the over two billion active apple users. Human beings with bicycles for the mind. Tim now has the rest of us. Clearly what they are Cooking up (ha ha groan) with Community is their unlock to a new level of growth and opportunity. The supply chain Cook built is the foundation for all future products. Because in building that supply change, Apple mutated. Tim Cook learned how to take Steve’s ding and operationalise ripples by being a cultural steward of Apple and a damn file details man. And whatever they have made in the lab, is going to need engaging humans in their communities and being a trusted presence. In essence, they are preparing for something… I expect Tim to head out on a wave of banger Apple quarterlies and new product intros with John at the helm of them from the start. Maybe now those new M5 Mac minis and Studios can finally ship!'
on Barron's is bullish on Ternus - 'PED says, “There was more to Steve Jobs than attention to detail. He also seemed to always know where the puck was going” That’s a critical part of Steve’s genius and of Apple’s success. Time will tell whether Ternus has some of that prescience.'
on Barron's is bullish on Ternus - 'Jobs was once in a generation (at least) visionary. Let’s give JT time, I have faith. Just like the iPhone. Not easily replicated.'
on In theory, Apple's market share should grow with the rise in memory costs - 'Wow! You mean 3.0 has been working with the Alchian-Allen Theorem all this time? Who’da thunk it? Boy are we smart! What we’ve been saying for weeks! But @PED, I don’t think we should be talking about our dinghies on this blog. We already seem to have pushed all the ladies away. 🙁'
on Premarket: Apple is green - 'Trump extended the ceasefire because Iran, when asked to attend talks with the American Vice President in Islamabad said “yeah, thanks but no thanks, we are busy.” In other words now THEY are dictating when and where we meet. I’m having trouble understanding why the Iranians feel this administration can’t be trusted (anyone know why? I mean it’s not as if we tore up the last agreement just a few years ago?) And why don’t they capitulate when Trump screams we destroyed all their military capabilities? But Trump says they have “no cards”,why don’t they quit? We have a genius who has crafted a perfect plan. Why didn’t anyone warn him that if we attacked Iran, they would immediately target regional oil producing facilities and target shipping in the straight of Hormuz, in which case their hand would be strengthened unless we sent in ground troops and inevitably lost thousands of US lives?? Why didn’t anyone tell him??? (Checking notes, ohhhh, his military and intelligence advisors DID advise him) hmmm, well gosh, I am sure if he keeps lying, keeps covering up the true damage to American bases, keeps covering up the true casualty count, keeps threatening war crimes and genocide, I am sure things will turn out ok. How very very far we have fallen. The US has now fallen below CHINA in global approval ratings.'
on WSJ: Tim Cook turned Steve Jobs' Apple into an empire - 'Here is your stat of the day … Under Tim Cook Apple added $478,000 market cap PER MINUTE for 15 YEARS. (stat c/ The Compound & Friends)'
on Trump on Tim Apple - 'This just isn’t the place to talk about that. I don’t understand why that is so hard for some.'
on Trump on Tim Apple - 'It is pretty scary when the ‘grownups’, including those amongst this, our band of reasonably intelligent adults following Apple, set the example to the youth of the world by using such lavatorial and debasing language. Shame.'
