Stephen Gordon on Mark Gurman and pals break down Apple's HomeView event (video) - 'Gurman mentioned the next event happening 10/23, and pointed out that Apple will be covering hotel fare and business class travel for influencers on the invite list. Standard practice these days for the creator economy, he noted, especially since they no longer host live keynotes for fanboys and journalists who attend on their own dime. How times have changed.'
on Apple investors: Set your calendars - 'https://youtu.be/DZkRGgQn6CA?is=QXFPSv6Pbk9Uf5X2 Gurman and friends take on the HomeView, 4th gen Apple TV 4K, Home Pod Mini plus additional MacBook event at end of October.'
on OpenAI promises not to use Apple trade secrets — for now - 'Detecting and proving either company is using knowledge from the other strikes me as difficult. It would need A LOT of discovery.'
on Premarket: Apple is green - 'Already seeing extended delivery dates. I just ordered a starlight colored HomeView and the delivery date is 11/20 (7 days after the 11/13 available date). Also ordered an AppleTV and its delivery date is 11/23 – 11/27 (10 to 14 days after 11/13). Silver and gray HomeViews were available for delivery on 11/13 but I wanted a little color on this guy.'
on OpenAI promises not to use Apple trade secrets — for now - 'Speaking of Meta, I saw Apple is working to allow Muse to run locally on Macs, for better or worse.'
on OpenAI promises not to use Apple trade secrets — for now - 'In the last 6 – 15 months we’ve heard several advisals that the demand for AI, while very large, isn’t to be big enough to pay for the Data Center build out it requires, that the cash demands of AI buildout will, at some point, hit a cash availability ceiling. And that will occur before the builders of these money pits attain positive cash flow. Now throw in Apple’s on device Apple Intelligence, and Mac Mini and Mac Studio, and a major amount of that AI demand will never see the inside of a Data Center. The TAM for Data Centers not only has hit a growth ceiling, but that ceiling has become lower. I don’t see investors in Data Centers, or the firms building them, getting their money back. Meanwhile, Apple will make hay (profits) on the fact that its products (revenue/profit generators, not expense centers) can support on device AI, while protecting user data and privacy. As I’ve stated before, I think by 2030 we will see the hype over Data Center AI implode, leaving an incredible amount of financial wreckage in its rubble. The first to collapse will be those requiring venture capitalist financing and debt. Off Balance Sheet accounting sleight of hand isn’t going to save them. Long AAPL.'
on Premarket: Apple is green - 'It was a good day for the market with over 75% of S&P 500 components rising on the day and the DJIA gained 556.21 points or 1.08%. As Bart points out above, Apple gradually moved south in afternoon trading to close off $0.96 or 0.28% at $342 even. In other news CFRA has announced a rise in its Apple price target to $380 per share from $350 while maintaining a 4-star Buy recommendation. This follows the “Welcome Home” event on Tuesday morning.'
on OpenAI promises not to use Apple trade secrets — for now - '@Richard The big problem they have for the IPO is showing that they have any useful revenue. This is the big mystery about AI: enormous expenses, little to no revenue.'
on OpenAI promises not to use Apple trade secrets — for now - 'It was panned – until they actually drove one.'
on OpenAI promises not to use Apple trade secrets — for now - 'Please permit me to clarify; There is the physical threat ((WWIII, biological agents, nano-machines creating Grey Goo, etcetera) to humanity (and even biological life itself), but there’s is also a oligarchic threat from too much power in the hands of too few.'
on OpenAI vs. Apple: The plot thickens - 'Not to slice things too thinly, but unless OpenAI has evidence that the person emailed those files under inducement by Apple, their legal beef is solely limited to the ex-employee. Especially if all they’ve got is evidence that he emailed them to himself.'
on Apple investors: Set your calendars - 'Kind of like this year’s fall IPhone release schedule. Staggered and some models delayed. Also a lot of new product releases and a new CEO to organize. They aren’t rushing to get out the results but haven’t warned either. Not the most important quarter but the guide will be important to the street reaction. An extra week could be useful.'
on Apple investors: Set your calendars - 'Why the extra week? It will give them more data on new products for their forward guidance.'
on OpenAI promises not to use Apple trade secrets — for now - 'I think this is all about OpenAI getting to its IPO. There was no way that was going to happen any time soon with this mega-case hanging over it. Altman already delayed it to next year (He said for security and safety reasons. As a known liar, I suspect it was this case that was scaring off the investors.) So it has come to an agreement that may make this go away long enough for OpenAI to cash in. Any court case will then happen after the IPO when they can then drag it out forever.'
on OpenAI promises not to use Apple trade secrets — for now - 'Ive’s move looks like betrayal. What a nice pile of a AI billion or two will do. I do like the new electric car however. I have seen it in flesh both inside and out at the factory in Maranello, moving through the hight tech production line. It has a very carefully thought out design and blistering performance. Talking of IP theft, the movable monitor in the car is very much like the swivel neck iMac. It has no heads up display however and the range needs improvement.'
