Recent Comments

  • Robert Stack on Premarket: Apple is green - 'Dan: I hope that’s true! Otherwise, a nearly $200 price cut on the popular 15″ MBA would of course only exacerbate any memory chip shortage Apple may – or perhaps may not – have. I’m sure they know what they’re doing – I do like your idea of a further “land grab,” as they’re already grabbing land with the Neo. I’m just trying to reconcile that with comments made during the last earnings call that they were “supply-constrained.”'
  • Joseph Bland on Premarket: Apple is green - 'If NVDA continues on this tack, I will be sorely tempted to recommend to Donna that we trade some of our precious AAPL for some NVDA…. Shocking, I know….'
  • Dan Scropos on Premarket: Apple is green - 'It sounds like Apple might be leveraging the chip shortage (that everyone *else* has) into market share and an even bigger installed base. They’re laying the groundwork (larger Installed Base) for their eventual AI subscription rollout(s). There is a massive land grab going on by Apple.'
  • Joseph Bland on Premarket: Apple is green - 'Just before earnings, NVDA hit a high of $235.74. It hit a P/E of 45.6. At the moment, it is selling at $216.92, a drop of 18.82 or 8.0%. But. The much-disparaged P/E ratio is presently at 33.3, representing a drop in valuation of 27.0%!!! This screams a massive sentimental devaluation! Or does it? We used to see this exact same phenomenon in AAPL’s bad old days following the Great Recession, when large investors dumped AAPL in droves: In spite of the still slowly-diluting float, the cumulative impact on AAPL P/E of an unexpectedly-high increase in net income was to drive P/E ratio down, which convinced less sophisticated owners of the stock that it was time to sell, which drove the P/E ratio even lower. Then, when the next earnings report was once again showing an unexpected increase in net income, rinse and repeat. The result: Over the course of the years following the Great Recession and the simultaneous explosion in iPhones, we saw, time and again, the P/E valuation get driven below a 10. This only began to reverse a few years after Apple famously began buying back it’s undervalued shares. In fact, at first the buybacks actually perpetuated the phenomenon, since buybacks inevitably increased the E ( or average yearly Earnings Per Share) side if the equation. However, over time, the buybacks also had the long term impact of de-diluting the AAPL stock float, thus converting the basically “dead value” of Apple’s huge (and growing) net cash stream into an increased Apple Inc ownership per share for Apple long-term investors. And simultaneously, the huge percentage of stock available to options players dried up aa Apple literally bought those shares up. All of which is to ask: Isn’t similar thing happening right to NVDA, with the only difference being the “expensive” price for NVDA vs the bargain basement price Apple paid for years?'
  • Robert Paul Leitao on Premarket: Apple is green - 'My gosh! What to think about it?! Buy one!!! On Amazon I see the 13″ MacBook Air available for $949. I’m not seeing any deals on the Neo.'
  • Romeo Esparrago on Premarket: Apple is green - 'Holy Bathe in Glory, Darren DMW! Intra-Day so far is 311+!! Now at around 308/309. And i’taint even Noon Texas time yet. Yeesh! Squirts galore!'
  • Gregg Thurman on Premarket: Apple is green - '” I’m not quite sure what to think about this.” Could the Mac Neo be cannibalizing the MacBook Air? I wouldn’t think so, they are 2 totally different machines.'
  • Robert Stack on Premarket: Apple is green - 'Hmmm – I’m not quite sure what to think about this. Chip shortage? From MacRumors, posted yesterday: “Amazon has sweetened its deal on the 512GB 15-inch M5 MacBook Air today, dropping the price of the notebook down to $1,099.99, from $1,299.00. This is a new record low price on the 15-inch M5 MacBook Air, and it’s available in three colors.”'
  • Robert Paul Leitao on Premarket: Apple is green - 'The major indexes are green on this beautiful Friday morning here in the Southland. Apple is up $3.74 at $308.73. IBM is up $4.58 at $257.55 following a big gain on Thursday on news of the stand-alone quantum chip factory. It was Big Blue’s 12% gain on Thursday that propelled the DJIA to new record highs. Merck sits atop the DJIA’s leaderboard today and is up 4.71% at $121.34 in morning trading.'
  • Gregg Thurman on Premarket: Apple is green - 'I thought I had posted my trade yesterday. Apparently I did not. Anyway, I used those funds to acquire JUL $285/$290 Call Spread @ $3.76 (filled at the Open after watching pre-market activity). I now have 189 contracts, if successful, will be worth ~$94,000 at ex in July. (started trading on April 6 with $40,000, then added $2,500 a few weeks later). Excepting my initial trade, all of my subsequent trades were to exploit AAPL’s ~$49 rally. ALL OF MY TRADES (7) WERE/ARE IN THE MONEY WHEN MADE, MEANING THAT AAPL WAS TRADING HIGHER THEN THE STRIKES ON THE CONTRACTS BOUGHT.'
  • Gregg Thurman on Premarket: Apple is green - '”From a trading perspective, it is best to ignore the noise and rhetoric from both sides and concentrate on the numbers,” said Kathleen Brooks, research director at the foreign-exchange brokerage XTB.”>/i> “Ignore the noise” from so-called “experts”, aka financial writers. Truer words have never before been spoken.'
  • Ben Gepp on Apple at $304.99: Second record close in as many days - 'My plan was to bail 50-100% at the end of last year as I thought the USD would start to decline… and it did. That and the prospect of black swans flying about. I’ve held since 2000, so whilst I did offload a small portion a year ago, at some point you’ve got to enjoy it… rather than stressing about the x/rate. I remember the day it was $286… I was busy with work and my wife was suggesting I offload 50%… oof…'
  • Bart Yee on Apple at $304.99: Second record close in as many days - 'Apple TV to broadcast first major professional live sporting event shot entirely on iPhone 17 Pro https://www.apple.com/newsroom/2026/05/apple-tv-to-air-first-major-live-pro-sports-event-shot-on-iphone-17-pro/ May 21, 2026 “This Saturday, May 23, Apple TV will present a special live Major League Soccer match captured exclusively on iPhone 17 Pro — marking the first time iPhone will be used to capture the entirety of a major professional live sporting event broadcast. Developed in partnership with MLS, the milestone broadcast will feature the LA Galaxy vs. Houston Dynamo FC, streaming live on Apple TV from Dignity Health Sports Park in Carson, California, during the final weekend of MLS play before the regular season pauses for the FIFA World Cup 2026™ in North America. iPhone 17 Pro will capture live footage throughout the match, including team warmups on the pitch, player introductions, in-net goal angles, and the atmosphere inside the stadium. With cameras positioned throughout the venue, the broadcast will deliver the pristine video quality fans expect, alongside dynamic new perspectives that bring viewers closer to the action, made possible by the small form factor of iPhone. Apple TV first incorporated iPhone into a live sports broadcast workflow during a September 2025 “Friday Night Baseball” matchup between the Boston Red Sox and the Detroit Tigers, using iPhone 17 Pro to capture select moments from the game and cinematic in-stadium footage. The milestone production earned recognition from the National Baseball Hall of Fame and Museum, which added an iPhone used in the broadcast to its permanent collection. iPhone 17 Pro features three 48MP Fusion cameras, offering the equivalent of eight lenses in a compact form factor and pro-level video features like Apple Log 2 used for this weekend’s broadcast. Following strong fan response to the “Friday Night Baseball” production, Apple expanded the use of iPhone across additional sports broadcasts — including the MLS Cup in 2025 — before further integrating the technology into the regular production rotation for “Friday Night Baseball” and MLS broadcasts throughout the 2026 season. This Saturday’s LA Galaxy vs. Houston Dynamo FC match marks the next leap forward: the first live professional sporting event captured entirely on iPhone. Tune in to Apple TV at 7:30 p.m. PT to see iPhone 17 Pro in action. Apple TV subscribers in more than 100 countries and regions enjoy every MLS match with in-depth coverage and analysis, exclusive content, and more, with no blackouts. New subscribers can enjoy a one-week free trial.“ I love how LA, LA teams and venues are featured here, plenty of recognition that Sports broadcast productions are willing to embrace Apple’s technology and showcase its. Good reason why work continues building out Apple TV offices in nearby Culver City. Per Gemini: Apple TV+ operations are primarily headquartered at 8777 Washington Boulevard in Culver City, California. Apple Studios’ official headquarters is also situated nearby at 8600 Hayden Place. The tech giant is continuously expanding its Southern California footprint. Key details of the Culver City campus include: Current & Future Hubs: Apple TV+ and Apple Music operations are run out of the 129,000-square-foot facility at 8777 Washington Blvd. New Culver Crossings Campus: Apple is currently building an expansive 536,000-square-foot complex that straddles the Los Angeles-Culver City border at 8888 Venice Boulevard (near National Boulevard and the Metro E Line’s Culver City Station). Growth Goals: Apple plans to expand its Los Angeles-area presence to accommodate over 3,000 employees.'
  • Philip Elmer-DeWitt on Apple at $304.99: Second record close in as many days - 'Robert: “your wife?” Yes sir.'
  • Bart Yee on Premarket: Apple is red - 'Phil, I don’t realize your Krka Falls image was moving gif, nice! This is what Spatial Video would be all about. A drone overflight would also be fantastic but probably illegal.'
  • Bart Yee on Apple at $304.99: Second record close in as many days - '“Speaking of splits, any predictions of when the board might consider another split as the stock rises to $300+? I love splits even more than a short squeeze. But it’s a close race between the two.“ I’m hoping Apple Board holds off till higher than $350 to $400 and shoots for 3:1 to 4:1. I’d suggest that won’t happen, at earliest, until late September into October earnings report with yet another record 4th quarter and FY-end record results reporting. That would be a perfect time to announce a split if the share price had risen to beyond $350, and that’s certainly not guaranteed price activity by then even with very good revenues and earnings, forward guidance being more highly anticipated. One slight issue altering / complicating Q1 expectations would be if Apple introduces the iFoldable iPhone with iPhone 18 Pro Models, BUT delays the introduction of the base iPhone 18, iPhone Air 2, iPhone 18e and their revenue additions into mid to late Q2FY27. The wild card in this would be what do they do with outgoing continued best selling base iPhone 17’s in Q1 and Q2 – keep them at the same starting price of $799, no discount, or raise prices ever so slightly $50-$100 due to the real and acknowledged Memory price surge for another 3-5 months of sales, assuming they have the production and inventory? Same question about price increases would apply to new Pro Models. Perhaps they do discount the iPhone Air 1 to move Q1 inventory in advance of the Air 2? Anyway, with appropriate solid guidance from Ternus and Parekh into Q1 FY2027 Holiday Quarter, taking into account any iPhone intro changes, we could see a slightly moderated Q1 against a difficult YoY compare and increased Q2 & Q3 revenues, smoothing out revenue spikes. As for enjoying short squeezes, if they occur, that would help drive AAPL shares upwards, followed by some consolidation, maybe a little retrenchment, and continued shorting because AAPL and Apple couldn’t possibly be worth its multiple, or price appreciation because it would be at historic premiums for a consumer hardware company (never mind that NVidia is essentially a business AI hardware company, albeit with recently explosive demand). Of course, that longstanding Apple narrative could pivot if there’s strong or increasing demand for M4 based, then M5, M5 Pro, M5 Max, Mac Mini’s, maybe newest M6 Mac’s running local AI applications at far cheaper and more efficient costs for what I’ll call “local micro and mini scalers” or developers and companies who value local Mac control of both their AI and data privacy. Wouldn’t it be something if John “Apple” Ternus shocked the world with an Apple Enterprise announcement of dedicated Apple M4/M5 Pro or Max powered Servers for sale to consumers and businesses, in single, double, quadruple or larger rack mounts, and linkable distributed networkable AI server arrays? If that were to occur, I’d like to think Apple could, assuming all M4 on TSMC N3E & M5 Chips on TSMC N3P processes are available without constraints, literally increase quarterly Mac revenues by 50-100% within a quarter or two? Problem would be if Apple again couldn’t keep up with possibly open ended Mac server demand. That might mean waiting to introduce such a product later in 2027, if at all, not sure Apple want that Enterprise support headache?'
  • Romeo Esparrago on Apple at $304.99: Second record close in as many days - ':::: fainting :::: Big Congratz & here’s to the coming higher glories!'
  • Darren DMW on Apple at $304.99: Second record close in as many days - 'Hi Ben, yep AUD is a consideration in selling and in fact I made more per share in AUD when I sold some at $279 and $285 last year (as you pointed out). The shares I have sold recently were supposed to be sold last year but my sell order of $288 never got there. So nice gains this year but still behind on what I could have / should have got last year. Rode my luck with the A$ and lost (but not bigly). Need to be more careful with AUD projections to keep rising given our inflation / interest rate issues.'
  • Michael Goldfeder on Apple at $304.99: Second record close in as many days - '@Darren DMW: Congratulations on the sale at an ATH. Also, consider yourself a genius as Warren Buffett sold a ton of shares at $160ish to $185ish well before you ever hit the sell order button.'
  • Ben Gepp on Apple at $304.99: Second record close in as many days - 'Except that you’re converting to AUD? By my calculation $315 is about the same value as the peak in early December when it hit $286. I feel pretty confident AAPL will rise faster than the US dollar will fall in the coming months. But still, I’m sure you’ve had a nice windfall.'
  • Darren DMW on Apple at $304.99: Second record close in as many days - 'I sold a small handful of AAPL at $305.80 today and for 45 minutes bathed in the glory that in 46 years no other person had sold an apple share for higher than I had.'
  • Gregg Thurman on Apple at $304.99: Second record close in as many days - '” They have a clear path to $7 trillion” Watch what happens when one of the majors announces a reduction in capex. Nvidia will deflate like the Hindenburg.'
  • Dan Scropos on Apple at $304.99: Second record close in as many days - 'Nvidia is becoming more and more fun to watch every day. Jensen is 1 of 1 in the history of founders and CEO’s. They have a clear path to $7 trillion. Their growth is simply staggering. They’ll easily print $400 billion in 2026/2027 FCF.'
  • David Emery on Apple at $304.99: Second record close in as many days - 'Actually, that kinda makes sense. NVIDIA’s continuing growth means that the hyperscalers will continue to grow and there’ll be continuing price pressure on the hyperscalers to cut deals with THE gatekeeper… And if PED vacations consistently lead to new highs, maybe we should start a travel fund?'
  • Fred Stein on Apple at $304.99: Second record close in as many days - 'Predict? After Ternus takes over, very roughly, 6 months later.'
  • Gregg Thurman on Premarket: Apple is red - 'Remember me saying the only print I follow is the intraday low, because everything else is higher? The intraday low is a pivot point for buyers. It is the catalyst that causes them to pull the trigger. Let’s look at AAPL’s recent intraday lows. May 14 $295.38 May 15 $296.52 May 18 $294.91 May 19 $296.35 May 20 $298.08 May 21 $300.40 From the 14th through the 20th average intraday low has been $296.24. Anybody got a Standard Deviation for that period? I’ll bet it’s below $3.00, and today’s intraday low is more than $4.00 above the mean. Today’s prints could be an early signal of a breakout.'
  • Gregg Thurman on Premarket: Apple is red - '” And there was a Mr. valentine in Yahoo Finance who says he “shorted AAPL at $305.20, see you at $250.” There will always be someone, with no funds at risk, making outrageous claims on subjects they know nothing about. Mr. valentine is one of those.'
  • Gregg Thurman on Premarket: Apple is red - '” Gregg, what do you make of these numbers, building a $300 support level?” Absolutely. There may be some resistance at these levels, but it is coming from the Sellers, not the Buyers (as evidenced by RSI ~72). As I say that there will be periods of ups and downs, just not significant downs ($300 floor). Don’t misunderstand me, there are sellers, just not at these prices. Everyone, it seems, is expecting a positive future for Apple/AAPL. Investor Sentiment rules, not some arbitrary number called “PE”, and today that Sentiment strongly favors the future. Please note that Yahoo finance displays both EPS and “PE” as ttm (trailing twelve months). They are not future metrics. In my pea brained mind, the future is the only thing that matters. If a company doesn’t have one you shouldn’t be buying it. If a company has a future, the current usage of “PE” and EPS are irrelevant. Wall Street likes (ttm) because it is lazy, otherwise it would publish future expectations. In my opinion there is only one WS analyst that speaks in terms of future expectations. Can you guess who that is? His initials are Daniel Ives.'
  • Robert Stack on Apple at $304.99: Second record close in as many days - 'PED: Is the woman in the foreground your wife? Re AAPL’s ongoing new highs: Ironic isn’t it – Nvidia posts record sales and profits and it went down another $4/share today.'
  • Michael Goldfeder on Apple at $304.99: Second record close in as many days - 'There were 134 Million shares that needed to be covered. I’m sure that helps heading into WWDC. Speaking of splits, any predictions of when the board might consider another split as the stock rises to $300+? I love splits even more than a short squeeze. But it’s a close race between the two.'