Robert Paul Leitao on Premarket: Apple is green - 'This is a good way to start the day! After spiking to a new all-time high Apple is now trading up $3.34 or 0.99% at $342.32. While Apple’s hitting new highs JPMorgan (and much of the financial sector) is facing a much more challenging day. The big bank is trading off $12.74 or 3.62% at $339.30. It is a mixed day on the Street yet equities with advancing share prices on the S&P 500 are out numbering equities with declining prices. 56% of index components are currently in the green.'
on British GQ considers the iPhone Duo - 'Hi Romeo, Good question. Let me reply with a question informed by my experiences as a left handed person: when you get home carrying a bag of groceries, which hand holds the bag and which operates the keys when you have to unlock and open the door? For me my right hand holds the bag and left hand unlocks and opens the door. So why does this matter? Well for me being left handed, holding my iPhone with my right hand frees my left hand to do the more precise work (ala operating the keys to unlock the door) of operating the phone’s touchscreen. So IMHO the Duo is better for left handed people, not worse. Same goes for the QWERTY keyboards that most of us use. You can take a sip of your coffee with your right hand while your left hand is typing.'
on In India, demand for Apple's latest has been 'phenomonal' - 'Gifting makes it free to the recipients. Doesn’t get any more affordable than that.'
on Apple's new London venue is perfect for immersive video - 'They need to invite the Rolling Stones to perform and grant the 600 seats to PED’s Apple 3.0 subscribers. I’m making a reservation on Virgin Atlantic for that concert.'
on Flying to Toulouse, biking to Bordeaux - 'We enjoyed our time in Toulouse. There’s both gelato and baklava, I remember one store with display cases full of baklava and similar desserts in all colors. The museums were also very good. Anyway, safe travels!'
on British GQ considers the iPhone Duo - 'Not a southpaw here in the South, but a good Q : what have left-handers done in the past and what’s the opportunities in the future, whether for or for 3rd parties? Do accessibility alternatives exist today for the current iPhone models (since they’re not symmetrical either)?'
on In India, demand for Apple's latest has been 'phenomonal' - 'As with Phil’s reply, there are some places where inventory and delivery times are backed out to 3-6 weeks. All depends on model and configuration. US 21-28 days Germany 22-29 days China 27-33 days UK 23-30 days India 15-20 days Singapore 21-30 days Cross border selling / scalping is still a thing in many regions, and for those who JUST HAVE TO HAVE IT NOW without the wait or hassle of going to an Apple Store and waiting, or being disappointed at model, color, or capacity choices, I guess there’s some who would pay another premium to someone who secured a popular model and will sell it at a markup. If the demand wasn’t there, scalpers and resellers wouldn’t exist, simple as that. In some regions, enough cash can get you something faster, assuming you’re not getting a fake, an imitation, or worse, a brick sent to your home. Caveat emptor. Be patient my friend.'
on In India, demand for Apple's latest has been 'phenomonal' - '“Why wouldn’t someone just order their 18 Pro from Apple” There are places in the world where an iPhone can’t be delivered to your door.'
on Premarket: Apple is red - 'Actually, John, ar 1:21 PM PDT, volume is shown as 34.38 M. That’s because actual volume lags reported volume by several minutes (over 10?) and a ton of trades happen at the end of the open market. Finally, volume will continue going up during after-hours trading. Pre-market trading shows up in the big spike at the beginning of the day.. All that said, today’s AAPL trading was indeed on the low side today. At a 38.92 P/E ratio, that’s expected.'
on The Information: There's gold for Apple in the Duo - 'Just one man’s opinion… I suspect that the foldables released by Apple two and three years from now will be very interesting. After having gen 1 out in the field for a even six months the engineers will learn a lot about durability and use cases to inform future designs.'
on In India, demand for Apple's latest has been 'phenomonal' - 'I don’t understand the whole “reseller” model. Why wouldn’t someone just order their 18 Pro from Apple, instead of paying a big premium to a reseller who’s had hordes of people line up to buy them at the store?'
on Apple: An hour with Mark Gurman and Nilay Patel (video) - 'Upvoted Rodney. Good point about questions. Asking the right questions leads to insight. Bad questions generally reflect poorly on the questioner, IMO.'
