Joseph Bland on OpenAI promises not to use Apple trade secrets — for now - 'Hi, Richard. Well, there is the “first mover” advantage. If Apple green-lights them before any other open-weights system, then they get immediate access to what in a few years will be a LOT of devices. But my question is – why would Apple not want to stick with its own open-weights system? They could guarantee privacy….'
on OpenAI promises not to use Apple trade secrets — for now - 'There’s a good in-depth interview with Steve Eisman, one of the people described in “The Big Short” who saw early on that the whole mortgage-backed securities investment landscape was a bubble ready to pop, on New Money’s Youtube channel, in which he discusses what he sees an impending AI bubble burst. It went up on October 2nd. https://www.youtube.com/watch?v=Zw0I7kb6zg4'
on iPhone Duo for $5K - 'The Nasdaq 100 is DOWN almost 700 points as investors continue to rotate out of AI stocks AMZN, NVDA, GOOG, META and MSFT. Overall, US Indexes are down as AAPL is on the verge of setting new highs.'
on Apple's iPhone Duo sold out - 'In other iPhone news lost in the iPhone Duo preorders and Home View debut: Tim Cook says Apple Intelligence approved in China, The Paper reports Apple’s (AAPL.O) chairman Tim Cook said Apple Intelligence has been approved in China and a test version is due later in October, China’s state-backed media The Paper reported citing an exclusive interview with Cook on Thursday in Shanghai. “The test version will have features of live translation, writing tools, image clean-up and does not include Siri AI, Cook told The Paper. • The US company has trained a large language model specifically for the China market, Reuters previously reported, a departure from the iPhone maker’s strategy of relying on third-party models to power AI features in the country • The AI model was developed in partnership with Alibaba Group (9988.HK) and trained with the Chinese tech giant’s support. • China’s cyberspace regulator said in July that Apple’s on-device generative AI service, Apple Intelligence, has been registered for use on iPhones in China • According to China’s commerce ministry, Cook met China’s commerce minister Wang Wentao on Thursday and they discussed development of AI and Apple’s business in China” Excerpt From “Tim Cook says Apple Intelligence approved in China, The Paper reports” Reuters https://apple.news/AB5IUlBFpTQa1_O4nQkcZXg This material may be protected by copyright. Nice to see Cook touring China and still involved in needed diplomacy and geopolitical tech development. Another hurdle crossed in China. After the beta breaks sometime by late October or early November we can really see if there is a measurable China effect on iPhone upgrades, usage, and sales. No word just yet of how far back in iPhone models Apple Intelligence applies to in China but presumably iPhone 15 Pro models and all iPhone 16, 17, 18 models will eventually be included. Whether Siri AI China and many of the AI features will be ready off the bat or be rolled out over time is not yet known. This could spark additional iPhone upgrades or boost current iPhone 17 and 18 Pro sales in China over this and next two quarters. I fully expect the Duo allotment for China to be sold out and backed up into early 2027 already.'
on Apple's iPhone Duo sold out - 'I suspect the Duo’s camera was hobbled to prevent people like me from buying one and cannibalizing the Pro Max. I seriously considered the Duo, but I’ve learned over the years to stifle my emotional response to an Apple product (“I just want to hold it!”). I looked at my usages of my iPhone and found that I use the camera a lot. Like a lot. Having access to wide-angle and telephoto is a big part of that. For that reason, I got the 18 Pro Max, which I just received and will be playing with. It will be interesting to see what level of canibalization does take place.'
on iPhone Duo for $5K - 'When someone tells me they are investing in Apple, I think: they’re buying shares. Shows you how little I know.'
on Apple antitrust: Epic Games and PayPal lobby DOJ for tougher terms - 'At the same time, I don’t think I’d really trust a jury if it went to trial. I’d rather see a judge decide. Some things are just too complicated for juries to understand. They aren’t really “peers” in these cases and that’s a major flaw in the system.'
on Apple antitrust: Epic Games and PayPal lobby DOJ for tougher terms - 'Listening to Epic about Apple shows the weakness of the DOJ case. They are still trying to rescue a victory after mostly being defeated in court. I doubt Apple would agree to concessions on this if they thought it was only an advantage to Epic. And I thought the case was weak when it was filed. Regardless of the administration which brought it.'
on Apple antitrust: Epic Games and PayPal lobby DOJ for tougher terms - 'A DOJ in a different administration would probably fight.'
on Premarket: Apple is green - 'In this article by Angela Palumbo at Barron’s, it’s noted Counterpoint Research this week reported consumers are choosing to keep their current devices for longer as prices rise. This makes strong iPhone Duo order noteworthy for Apple, the industry and consumers. https://apple.news/AzM4xv3rBTWGf5AQR8SG-kg Apple is on track for a record close if today’s gains can be sustained into the close. Shares are up $2.95 at $344.95.'
on Apple antitrust: Epic Games and PayPal lobby DOJ for tougher terms - 'The DOJ would rather settle than fight. Unlike the infamous “Tareyton Cigarette” Commercials from the 60’s who coined the phrase: “Us Tareyton smokers would rather fight than switch.” Complete with a black eye on every smoker.'
on Apple's iPhone Duo sold out - 'Apple has a tendency to underpromise and over deliver in these instances. It will be interesting to see if wait times shorten significantly. That could be related to people going to the stores to buy one, improving ramp up of production and some people losing interest(hopefully not a lot of those) or needing a new phone right away and buying one of Apple’s other offerings.'
on Apple's iPhone Duo sold out - 'Mine is arriving before Dec 7. Happy to support the incredible company that delivers in so many different ways. And if I am not happy I’ll probably be able to sell it for twice the amount!'
on Apple's iPhone Duo sold out - 'That’s 20 more than my sources!!! BTW that count includes the 4 I’m producing for them and returning to them. I suppose that explains the January delivery at this point.'
on Premarket: Apple is green - 'In the past three days, and even today (so far in the first 15 minutes), there’s been a clear and strong downward push (probably by the big options houses) to bring AAPL down from its highs to specifically the 342.50 range. Go figure!'
on Apple's iPhone Duo sold out - 'My rock-solid sources tell me Apple only made 10 Duo’s available for pre-order. :)-'
on Premarket: Apple is green - 'https://appleinsider.com/articles/26/10/16/iphone-duo-sells-out-moments-after-pre-orders-begin'
