Rodney Avilla on Mark Gurman: Behind Phil Schiller's exit - 'There are somewhere between 34 and 64 million developers (AI) making apps for the iPhone. Most do so paying zero to use the app store. I don’t believe that asking them to pay a few bucks is ‘squeezing’. It’s definitely not squeezing to require those developers making millions and billions to pay their share (here’s to you, Mr. Sweeney).'
on Mark Gurman: Behind Phil Schiller's exit - 'Sorry, it was John Giannandrea, not Luca Maestri, though the latter tried blocking spending to develop the M1, so maybe he deserved to go, too.'
on Mark Gurman: Behind Phil Schiller's exit - 'Using the word “squeeze” implies there really is no way to add revenue for services but to pressure the developers and users. That only rent-seeking behavior is left. Maybe. But not, I believe, for the main App store. I think of what an AI App store might bring to the table; especially one that also enhances any money Apple gets from the uses of AI. It adds to the hardware ecosystem for AI in ways no one else can (although Nvidia is trying). How Apple monetizes AI, how it charges for tokens used from its own servers or Google’s, is one of the things I want to hear. Will Apple do some rent-seeking here, like the other AI companies? Nickel and dime its users? Is that why Schiller decided to leave? I’m sure we will find out soon.'
on The last meeting of Tim Cook's last day as Apple CEO - 'Let’s put it out there now before it shows up on CNBC or some “Negative Nancy” article, so here it goes: Why didn’t Tim Cook make his final appearance as CEO at an Apple UNIONIZED Store?'
on The last meeting of Tim Cook's last day as Apple CEO - 'His words ring true. The first time I went into an Apple store, I felt it, the employees, the customers were ‘my people’. I could take any one of them into my home. From then on, buying the products and stock was a no brainer. It’s still true with every store visit, every support call, every web site visit. Tim repeated, ‘enhancing people’s lives’. Tim says that every time. Call it culture, values, leadership, focus, etc. We can rest assured that everyone at every level will do the right thing.'
on The last meeting of Tim Cook's last day as Apple CEO - 'Question to ponder: How many CEOs would get that outpouring of applause and expression of love from their rank and file in a situation like this? Esp tech CEOs…'
on The last meeting of Tim Cook's last day as Apple CEO - 'Mentoring and encouraging right to the end…or the next beginning. Who knows, someone in this group of employees may rise to other heights within Apple, just as Deirdre did.'
on Curious Analyst foresees three years of Apple earnings growth - 'Why isn’t he a PED subscriber? He coulda learned a lot from us through the comments.'
on The Financial Times profiles Apple new CEO - 'Sports cars are in the same category with me as luxury watches: I just don’t understand the appeal.'
on The Financial Times profiles Apple new CEO - 'I’m now more certain than ever that Apple Vision Pro will find its way into Formula 1.'
on The Financial Times profiles Apple new CEO - 'He’s got plenty of blue sky to work with. I’m predicting an AAPL double in valuation over the next 3 years, excluding inflation driving it even higher. Not counting Black Swans, of course….'
on Curious Analyst foresees three years of Apple earnings growth - 'Also, on a reread, 29x likely is a more conservative multiple to underpromise.'
on Curious Analyst foresees three years of Apple earnings growth - 'His price target needs explanation as it doesn’t fit with historical or current numbers. Apple PE is currently just over 37. PE is price/earnings X/14.27 = 37, X = $528. (Not adjusting for any estimated share buybacks.) So with all the positives he listed, why does his PE go down to 29? (414/14.27) PED: Perhaps you could ask The Curious Analyst as we’re curious.'
on Nikkei Asia: Apple foldable iPhone hits snags - 'Furthering the above. Apple doesn’t produce and hope to sell, it’s produces to contractual orders received months ago. The supply chain, all down the line, requires advance notice of what they will need to order to satisfy Apple’s needs. Unplanned changing of production schedules are highly disruptive and not what you would see from the world’s best supply chain management firm. Penalties are built into production orders to insure supply/demand imbalance. The better the ultimate buyer (Apple) manages its needs, the more confident suppliers are with those orders, and the better the pricing that Apple gets.'
