Digant Jariwala on This week's Apple trading strategies (2/2-2/6/26) - 'ATH of $286.19 on Dec 1 2025'
on Evercore's Top 5 takeaways from Apple's fiscal Q1 2026 10-Q - 'His 1 year price target of $330 requires a severe increase of earnings or the PE ratio or both.'
on This week's Apple trading strategies (2/2-2/6/26) - 'Apple closed trading on Friday, January 23rd at $248.04 and closed at $259.48 this past Friday on the 30th. That’s a 4.61% gain on the week. In other words, the gain for the week reflected what was expected to be a strong report for the December quarter. The challenge for shareholders is the shares are trading below a previous all-time high of $260.10 set December 26, 2024. The share price has retraced to late 2024 levels. Lately there’s been an investor shift away from mega cap tech. Again, there’s nothing “wrong” with Apple and the results for the December quarter were strong. Memory costs are not a big challenge to Apple’s margins or profitability. Pie-in-the-sky price targets or unreasoned expectations for share price appreciation in the short-term are more of the problem at this time. The market is signaling consumers are waiting for a major, AI-infused upgrade to Siri. I’m waiting for it too. I expect a successful release of the much-anticipated Siri upgrade combined with strong March quarter results to move the proverbial share price needle. The upgrade to Siri will support a very strong year for iPhone upgrades in FY2027, in my view.'
on Mark Gurman rains on Apple's blowout results - 'Thanks David, for your comments and the link to Horace’s. Note: In Horace’s piece he quotes Tim and Kevan repeatedly saying ‘favorable model mix’. Add that mantra, the ‘new to’ mantra and we have growing ASP + growing IB. Isn’t that enough? No, we add buybacks, growing developer ecosystem/App Sales to further increase EPS.'
on Honor flatters Apple with an orange imitation (video) - 'Your friends will know as soon as they see the green chat bubble.'
on Honor flatters Apple with an orange imitation (video) - 'A small jar of orange house paint is probably cheaper.'
on Evercore's Top 5 takeaways from Apple's fiscal Q1 2026 10-Q - 'My take: So did Vicky Dugan! “Don’t it get chilly flying home at night when that cold cold tailwind blows?” The Limelighters'
on Honor flatters Apple with an orange imitation (video) - '“When life gives you lemons, they could really be orange Androids” Apologies to Ellen Degeneres’ original quote LOL'
on Mark Gurman rains on Apple's blowout results - 'Horace has an alternative view, of course: https://asymco.com/2026/02/01/margin-call-3/ One thing most of the “commentariat” (Horace’s term, I love it!) miss is that there are 2 kinds of memory in an i-device. The “RAM” is part of the integrated chip, and there’s “disk” flash memory. The demand from LLM AI would seem to me to be focused on DRAM (a separate component). And when Meta shows a profit from its R&D, maybe I’ll listen to arguments about how better Meta is than Apple. I do agree that Gurman might be onto something about LLM AI vs all those ‘store apps’ that vendors push these days. I’ve made it a point to avoid those, viewing them as “spyware” rather than “consumer engagement.” So I would think it’s A Good Thing such apps go away. But looking at the small number of 3rd party apps on my phone I actually use (like the Libre app that reads my blood sugar sensor), even if LLM AI could replace that, damned if I’m sharing my raw medical data with LLMs.'
on Mark Gurman rains on Apple's blowout results - 'Aaron and Joseph, Upvoted both of your posts. Aaron, I was going to comment about the instant answers part of the article and saw that you beat me to it. Also, I don’t see the App Store becoming quaint. Maybe Bloomberg should pull their Apps from different stores and just use AI for its users to connect. Also, is the “near future” now, next year, or 10-20 years down the road. And will Apple possibly have an answer to what Gurman is complaining about if it becomes really important that they have to do it themselves? Joseph, From memory, Gurman didn’t get any special treatment with the new AVP but I seem to remember that he got some special treatment with Meta for their new glasses product and we are supposed to believe that he can be objective about the 2 companies offerings? I think Bugs Bunny may have had it right.'
on This week's Apple trading strategies (2/2-2/6/26) - 'Thanks for sharing, Bart. I don’t see rising DRAM/NAND costs having an overall net effect on Apple. Apple commands pricing power with its premium phones, especially the higher end premium models. They have many levers to pull. They could pass some, or all, of these costs onto the higher end premium buyers, without consequence. Conversely, as a percentage of overall cost, lower cost/margin models of rivals will see a tremendous headwind, with no way of digesting these costs across the aggregate line. This also makes Apple expected ultra high margin Foldable timing even better. Apple put tremendous pressure on the competition this iPhone cycle and I expect that pressure to dramatically increase in the face of rising memory costs, where the competition simultaneously doesn’t have Apple’s supply contract and/or supply chain expertise.'
on Mark Gurman rains on Apple's blowout results - 'Meta? The company that is bragging about how its AI gives an advantage to advertisers by “knowing” its customers really, really well? Any way to make a buck, eh, Gurman? “Eh, what a maroon” – Bugs Bunny'
on Honor flatters Apple with an orange imitation (video) - 'I hear you can spray Trumps tanning spray on it to get the same effect'
on A man, a dog, an Apple Watch - 'Love the idea of the two watches! But as a person with chronic insomnia I am afraid I know which my own Favorite Watch would be !'
on Mark Gurman rains on Apple's blowout results - 'Ahh yes… apparently the rug pull that Nvidia just did to Open AI, meh non-issue. It’s Apple’s AI issues that are the end of times. And no, users don’t want instant answers. Users want the correct answers without having to plod through the muck that the Internet has become due to Google, Microsoft, and the ad/tracking enshitification business of web tech.'
on Mark Gurman rains on Apple's blowout results - 'Gurman apple scoops have dried up lately, as he increasingly resorts to these “opinion” pieces instead for attention. One wonders if Jeff Williams and Alan Dye leaving and Mark Gurman scoops drying up is in anyway connected.'
