Bart Yee on U.S. Markets are closed to start the July 4, 2026 weekend - 'Exactly, I had to use Google Lens to ID the jar’s contents: “Based on the visual evidence, the glass jar prominently displayed on the table contains dried green cannabis buds (marijuana flower). Storing cannabis in airtight glass jars is a common practice at social gatherings to preserve its freshness, potency, and aroma. These jars, often referred to as “stash jars,” are frequently featured at cannabis-themed events or “bud bars” where guests can select different strains.” Having never partaken nor am familiar with the subculture, it’s amusing to learn something new about something probably as old as I am. Might find the same answer looking at a plate of brownies.'
on Apple's contempt in Epic case goes to the Supreme Court - '@Gregg: You’re welcome. BTW, you can add the white lace trim around the neck line area like Judge Judy. That will give it more balance. After reading Epic’s opposition to Apple’s Writ to SCOTUS, it appears to me that Apple’s attorneys have a much better grasp of the legal issue here. Makes me feel very good as a long term shareholder. The Supreme Court doesn’t take too many cases each term. But they agreed to take Apple’s request as the Federal District Court Judge and the Ninth Circuit Court of Appeals did Apple a huge favor when they went with this inconsistent “Spirit of the Injunction” approach that is not followed in the other Circuits. Thereby creating a “Split” amongst the various Circuit Courts of Appeals, and compelling that SCOTUS step in and resolve the conflict for uniformity in the Appellate Courts. A very important ruling especially when the protections for civil contempt are far less stringent than they are for a Criminal Court Judge issuing a Contempt Citation and the strident penalties that attach to those court orders. Judges hate being reversed. Especially when it will make national headlines once it’s done by the Highest Court in the Land.'
on Making sense of Apple's 4.8% gain on 'artificial Friday' - 'In my opinion, though I am late to the game, this is 15 minutes of my life that I will never get back.'
on Apple's contempt in Epic case goes to the Supreme Court - 'Thanks for the compliment Michael, but I don’t look good in black among facists. If Epic has spent a $Billion pursuing this issue, then he is the worst CEO of the 21st Century. I’ll bet his attorneys genuflect at his feet, thanking him for their fees. Don Quixote is a piker compared to Sweeney. “A fool and his money are soon parted”. Sweeney is certainly proving this to be true.'
on Premarket: Apple is green - 'Following Friday’s close at $308.63 (a gain of $14.25 or 4.84% on the day), Apple is now up 13.53% year-to-date and up 45.28% over the past 12 months.'
on Apple's contempt in Epic case goes to the Supreme Court - 'Watch This Space: https://www.supremecourt.gov/search.aspx?filename=/docket/docketfiles/html/public/25-1311.html (SCOTUS docket) I strongly encourage everyone to read the briefs/filings. Even if you don’t understand the legal arguments, you can usually get a sense of what each side is saying and how they respond to the other side.'
on Apple's contempt in Epic case goes to the Supreme Court - 'HI, Bart. I didn’t see any follow-up (but I might have missed it) on this statement: “Following initial efforts to circumvent the ruling, the court found Apple in civil contempt for violating the injunction’s text, confirming that restricting the design or language of external links is prohibited.” How did Apple “restrict the design or language of external links”? Did Apple require the links themselves to change? I find that hard to believe. I can see one lame excuse. A link might have changed because the vendor was using the judgement to advertise their “win” and get clicks. Let’s say the link said: “Save a bundle and avoid paying Apple’s “app tax”! Click this link!” Well, yes, they would have had to change their link, because their brag turned out to be a lie, having been released in advance of all the facts. But where is that Apple’s fault? AI said that Apple said, “the original 2021 text was entirely silent on commissions”. Was it silent or wasn’t it? If it was, then the vendor had no idea what Apple was going to charge for commission. If they had to issue a retraction when Apple’s commission was revealed, then how is that Apple’s fault?'
on Apple's contempt in Epic case goes to the Supreme Court - 'I keep a copy of our Constitution always within arm’s reach. I had to look up the 10th Amendment the other day. It’s the ‘Anti-Commandeering’ clause, meaning that unless the Federal government already has that power, that power remains with the States as to mobilizing troops. Thus why Trump lost that case in MN. States’ rights rule. Would be interested in anyone’s views on Apple v. Epic with respect to the articles in the Constitution, especially as they might be interpreted by various Justices.'
on Making sense of Apple's 4.8% gain on 'artificial Friday' - 'That’s quite the slant, when the cause and blame rests entirely on the hyperscalers.'
on Counterpoint: Apple is snapping up 29% of the foldable screen supply - 'I still do not find value in a device that requires more effort to use, and is shrouded in compromises: Cost Quality Durability'
on Tim Cook is tying up loose ends before the handoff - '<> No. And I still do not. Why he would? I only have a feeling that if you play with a fire named Trump you are going to get burned. Golden gifts and his presence on command around the world helped Apple and was, perhaps, unavoidable to have to support the man who epitomizes everything that Steve Jobs and Woz founded Apple to fight and then, with the Mac, threw the world’s most memorable hammer. The Lord alone (and if the Devil is not on speaking terms with Him maybe not) knows what threat was given and what gift was refused to be given under duress. Tim Cook did not, I think, step down so much as tripped over some sort of political landmine. Just a guess, a hunch if you will.'
on U.S. Markets are closed to start the July 4, 2026 weekend - 'What a weekend. 250th birthday. World Cup. Wimbledon. Tour de France. I will be sitting in front of the TV most of my waking hours the next few days.'
on Tim Cook is tying up loose ends before the handoff - 'Thank you Tim Cook, for such a great job, from beginning to end. He may not be setting off fireworks at home, but he sure set off fireworks in my 401k.'
on U.S. Markets are closed to start the July 4, 2026 weekend - 'Happy 250th! I’m in World Cup heaven. Back to reality after July 19th, unless my team wins it all.'
on U.S. Markets are closed to start the July 4, 2026 weekend - 'From the looks of that photo, you forgot to say stay stoned! Markets are closed but apparently the dispensary is open!'
on Premarket: Apple is green - 'Congrats Raj and to your cojones of steel. I wanted to make a similar bet (albeit smaller) but in the end didn’t trust the market and didn’t want to risk my cash. Well done!'
