Gregg Thurman on Apple sales in India hit $10B - 'It’s burning in a northwesterly direction away from the population centers into more rural parts of Spokane. There were 3 major fires that have combined into one. Total acreage burnt so far >11,000 and although the winds have died down it is not yet contained. It’s going to take more than a couple of years to recover from this. The area burnt was such a naturally beautiful area.'
on Nate B. Jones: Apple is playing a 20 to 30-year AI game (video) - 'And then mining was outlawed and all the mine suppliers went out of business! No. You can’t predict long term.'
on Nate B. Jones: Apple is playing a 20 to 30-year AI game (video) - 'BTW, I need to take another sabbatical from Apple 3.0 to deal with patent deadlines. See everyone next month!'
on Nate B. Jones: Apple is playing a 20 to 30-year AI game (video) - 'Definitely worth listening to as an Apple investor. If I am getting this correct, simply put, Nate’s premise is that Apple’s lead in chips and how they interact with AI is what puts Apple at an advantage in the AI race and that advantage puts them in the drivers seat for, potentially, decades. And since Ternus works with chips, he was the ideal choice for the next Apple CEO. Seems a bit simplistic but it seems to me that, if he is correct, this puts Apple into sort of the same position that NVDA has found themselves in, whether planned or not, in terms of AI. This would seem to validate the continued long term investment in Apple that many here have made.'
on Apple sales in India hit $10B - 'You beat me to it… (I’m sure there’ll be home-grown competition, but I suspect the ceiling in India is higher than China because there’s less local competition.) And I’m sure someone with data/graphing skills could project ‘growth in China’ and ‘growth in India’ and predict when India sales would match/overtake China. (Yeah, prior performance does not guarantee future performance, but if nothing else, it’ll be a fun graph to see….)'
on Apple sales in India hit $10B - '“pricey devices” snark aside the India market has a very large middle to upper class even though it is a smaller portion of it’s overall population than other countries. So if Apple can deal with the Indian government and other political issues it is a great opportunity that they are focusing on. And if they can make a profitable lower cost device I am sure they would compete strongly with the less wealthy population there as well. The long term cost of many Apple devices is actually lower than cheaper devices which don’t last. One of the striking things I came away from in India is how the high and low end of the economic range are right next to each other. You can see a Four Seasons hotel right next to a shanty town. It is a a country of great contrasts!'
on Apple-AI enthusiast Errol Brandt looks forward to Oracle's comeuppance - 'Robert: These are excellent questions, and I hope Mark will reply with his thoughts. I do not consider myself to have expertise on data center economics, and so like you I would really love to hear the perspective of someone like Mark who “thinks different.”'
on Apple-AI enthusiast Errol Brandt looks forward to Oracle's comeuppance - 'Sending hopes for a speedy recovery Gregg. Let us know how you get on. Thanks.'
on Premarket: Apple is green - 'Apple ended Monday trading off $5.49 at $303.42. This is a big drop from the newly minted all-time high of $344.57 reached last Wednesday. Adding insult to injury Morningstar has dropped Apple to a 2-star sell rating and a Fair Value Estimate of $285 per share. In contrast to Apple’s performance, Amazon set a new all-time high of $287.16 today and a new all-time closing high of $284.02 while rising $12.44 today and ending the day with a market cap above $3 trillion for the first time. The shares are up 22.75% over the past five trading days. Microsoft is up 25.33% over the past five days, gained $22.93 today or 4.93% to close at $487.65. The shares remain below the all-time high of $553.72 set back in October. Microsoft’s market cap now stands at $3.62 trillion versus $4.43 trillion for Apple and $4.57 trillion for Alphabet. The search giant is up just over 14% over the past five days. What a difference a few days can make when investors relax their concerns (at least for now) about the economics of AI and the capex deployments of the hyperscalers.'
on Apple-AI enthusiast Errol Brandt looks forward to Oracle's comeuppance - 'https://bushfire.io has excellent fire mapping and detailed information. The extent and number of fires across North America at the moment is staggering. I’d be off line if I were Gregg.'
on Apple-AI enthusiast Errol Brandt looks forward to Oracle's comeuppance - '@Fred The thesis of the Warren’s seaside metaphor is ineluctable. The hypothesis underlying its application to datacenter economics is less solid.'
on Apple-AI enthusiast Errol Brandt looks forward to Oracle's comeuppance - 'Re: Ellison A few years ago we visited a friend in Woodside, Calif. and afterwards were driving when suddenly there was a stretch alongside the road where every leaf and loose branch had been meticulously picked up. Also, fancy guard shacks placed every few hundred feet. It was Ellison’s property. I think I told the following story previously, but it is a good one so I’ll repeat it. Steve Jobs and Larry Ellison were talking and Larry said “I own this big boat, a whole Hawaiian island, etc. etc…” And Steve said “Yeah Larry that’s nice, but I have something that you’ll never have”. Larry: “What’s that?” Steve: “I have Enough”.'
