Gregg Thurman on Jim Cramer: Apple will be the beneficiary of the hyperscaler's investments in AI - 'Yes.'
on Jefferies hikes its Apple target $36.37 to $283.36 - 'Any price target that is calibrated to 1¢ is not a target to be taken seriously. Makes you think that the PT is being put together by unqualified interns. For AAPL the nearest $5 would be sensible.'
on Report: Apple may take a chance with India's chipmakers - 'Rodney, I agree, I think. I’m not sure that if push came to shove that China wouldn’t have more leverage over Apple than Apple would have over China. India would have to be able to manufacture a significant portion of what Chinese companies can and at the same quality level for any threat to leave China to have any weight.'
on Jefferies hikes its Apple target $36.37 to $283.36 - 'I’m not getting the numbers as the headline and “my take” say one thing and the article say another. Please clarify. Thx!'
on Jefferies hikes its Apple target $36.37 to $283.36 - 'Can’t believe you didn’t feature the Jets in your blog pic 😂 😂 😂'
on Raw Data: The U.S. rattling its sabers at Europe - 'As a non-American, it strikes me as kind of weird – or a maybe just a detachment from reality – when on one hand Trump has spent most of the last year trying to extort and threaten individual Europeans countries into entering into wildly one-sided trade deals, after slapping crushing tariffs onto imports from those countries, and then on the other hand complaining that the EU’s industry regulators aren’t being fair to US companies operating there. While pointing out that every country has the authority to create any kind of regulatory rule or landscape it wants, including ones that hammer foreign companies and protect their own. Normally, if an international company doesn’t like it, they just don’t operate in that country. Either way, there’s an utter failure of US diplomacy that is staining every one of its international relationships, especially in the context of trade and international business (other than relationships with autocratic regimes). And when you’ve just kicked someone in the balls, he’s probably not going to happily agree to help you paint your fence.'
on Jefferies hikes its Apple target $36.37 to $283.36 - 'It’s more like “catching up to what’s already happened.”'
on Raw Data: The U.S. rattling its sabers at Europe - 'Trump says he will get us out of wars and keep us out of wars. However, he doesn’t mind picking on smaller nations and people he feels / knows can’t fight back. (Bully behavior) Then he can literally just do what he wants, shoot at and destroy anything that he or his cronies want to, and any people killed are just so much collateral damage. Interestingly, those are just the transport and delivery supply chain, not the factories or supply manufacturers. I get that he’s like to stop drugs from coming into the US, but there’s no increase in inspection at ports, no better surveillance of waters or borders declaring huge caches of drugs seized. And have there been any signs of movement on stopping Chinese drugs, threats to bomb Chinese drug factories, working together with countries to rid themselves of cartels, etc.? And just how is this Administration addressing the demand side of US drug users? It’s always the unspoken and shamed side of the US that there is so much drug use and they are not all downtrodden adults and people of color, plenty of the drug population is everyday white folk and much of the problem lies in Midwest flyover states as well. Yeah, coastal states have it too, but at least many are trying to do something about it. Where is the accelerated Manhattan program to figure out how to curtail and treat drug addiction, to drop the demand side while interdicting the supply side? With medical costs due to rise next year, where is the emphasis on healthcare? (Oh, forgot, science based medical research, science based evidence based care and science based outcomes reporting isn’t just curtailed, it’s downright belittled and disparaged, while any manner of “tricks and hacks” are openly advocated. Of course, I suppose people overdosing on drugs is certainly one way to decrease demand…not! Trump (and many Republicans IMO) has never dedicated much of any planning or thought to healthcare because it doesn’t pay him / them anything, doesn’t bring them power, it’s just an expense wasted on everyday people, especially the older people (the rapidly fading Greatest Generation, and the rapidly growing number of Boomers needing healthcare) who have already paid for their care and will get shortchanged with much less healthcare buying power and much higher expenses. How’s about all that tariff income be given back to people in the form of healthcare subsidies, directly supporting people? Sorry for the rants, maybe Apple can figure out how to incorporate drug monitoring and vitals signs patterns that indicate drug use and can alert family members and doctors about the user’s metabolism being affected by recreational drugs?'
on Report: Apple may take a chance with India's chipmakers - 'My take: More pivoting from China to India. I’m not quite ready to make that assumption, that Apple will be taking business away from China. Apple is still growing, and what India will be able to do probably won’t affect what China is presently doing. However if India’s manufacturing is able to meet Apple’s quality standards, then in the future, Apple may be in a better position to do some pivoting. And that will give Apple more leverage when dealing with China.'
on Raw Data: The U.S. rattling its sabers at Europe - 'Upvoted you and David. Adding to the complaint against the EU, is the tax revenues, VAT, lower payrolls, property, income tax, etc. the EU countries take in. The EU wants to have it both ways – benefitting from tax revenue and extract more payments for ‘exploitation’.'
on Evercore: Ten days before Christmas, iPhone lead times are expanding - 'Yes, I was curious to see what effect the year-end profit-taking – since AAPL has done well – would have on how the stock ends the year'
on Premarket: Apple is green - 'Index futures remain green as we approach 9am in the east. Apple is ahead pre-market $0.66 at $275.27. Microsoft, which gained $1.57 on Tuesday, is ahead $1.61 at $4.78. Broadcom, which remains a top semiconductor pick by Morgan Stanley with a $475 price target on the shares, is up $2.29 at $343.59 this morning.'
on Raw Data: The U.S. rattling its sabers at Europe - 'I would suggest that, while “saber-rattling” is being bandied about here as synonymous with “threatening”, the definition has distinctive military overtones. With the present Administration, that’s not too far a stretch (as for example presently with Venezuela) to be on the table, one way or another. “overtly and often exaggeratedly threatening actions or statements (such as verbal threats or ostentatious displays of military power) that are meant to intimidate an enemy by suggesting possible use of force” – Merriam-Webster'
on The Information: Apple is bringing seven new iPhones to market - 'My all-time favorite iPhone design prediction was the one where the phone looked almost like an iPod with a scroll wheel for selecting numbers. While it wasn’t actually correct, it was a contender that never made it past the design studio. Bonus points for appearing at the iPhone reveal as a joke bait-and-switch by Jobs himself.'
on Raw Data: The U.S. rattling its sabers at Europe - 'The EU was created to create … the EU, reducing trade frictions and increase mobility between the EU nations. As such, there has to be at least some favoritism within the EU, but I will also agree that there seems to be too much pushback against the USA – and a lot of saber rattling to go along with it. Seems kinda childish to me: Trump should very successful at it.'
