Robert Paul Leitao on Premarket: Apple is red - 'Apple supplier Corning is up $8.76 or 6.80% at $137.83. UBS raised its price target on the shares to $171. Corning reached its current all-time high of $162.10 on February 25th. The shares are recovering from a recent pullback in price. Apple is now up $0.94 at $260.82 as we approach the final few minutes of trading in today’s session.'
on Premarket: Apple is red - '@Greg That’s us. We have a plug-in Prius. I buy one tank of gas a year, or less. We have a lot of solar panels on the roof so even though we charge the car at home we are net positive in producing electricity over getting it from the grid.'
on Apple's transition from China to India nears its halfway mark - 'Would that it were that simple, Digant! This is all about the oligarchs controlling the world’s hydrocarbon combustion addiction. Our President is their vassal, but he’s far from alone.'
on Apple's transition from China to India nears its halfway mark - 'Because historically India was surrounded by rivals ( China and Pakistan) or rival funded by the US (Pakistan). When those two are your rivals the only third one that is strong enough to oppose them (historically) were Russia and Iran. Even today, India still has lot of Russian equipment in its military. And trust me, the US is no long term ally'
on Mac cultist Leander Kahney interviews the prolific David Pogue (video) - 'I’m uncertain but leaning positive. There was a period after the success of his For Dummies etc. work that it felt like his ego went up while his quality went down. I’ll probably still have to buy it, just like Jobs biography. 🙂'
on Apple's transition from China to India nears its halfway mark - 'While moving a large portion of its production to India is not “cost-free” can someone see a major hit to margins? Seems like Apple has those well under control for now. This has shocked many analysts over the years. Many negative thesis’s about Apple revolve around how their margins will be squeezed by competition , shortages etc. I haven’t seen Apple take a long term bet that has hurt their margins. Somehow they seem to stick to producing products with profit margins that are impressive or even better. It will be interesting to see how the numbers work out with the Neo line. And if history is any guide Apple will look for solutions to fix any margin bottlenecks that arise while at the same time maintaining high quality design for their products. And yes they do benefit from the margins on the software side of the business compared to hardware margins. A truly good mix of business opportunities in the same company.'
on Horace Dediu: Apple's jui jitsu AI strategy - 'l couldn’t agree more with Horace. Except on Deepseek. The media, pundits and analysts almost always talk about the difference in claimed training costs and how Deepseek set a new standard, but there is pretty substantial evidence that CHATGPT model distillation was employed in Deepseek’s development (i.e., it was trained on vast amounts of output from ChatGPT). If true, then you don’t get Deepseek for $6M if you don’t first spend $100M to get ChatGPT. It’s like pointing to the costs of making a generic drug and then being alarmed that the company that developed the original drug didn’t do it for the same low cost. Science has always been seeing something new when standing on the shoulders of those who’ve made the prior advances, and that applies equally to the costs of those new discoveries being dependent on the prior expenditures that built the base you’re now standing on. A lot of time and money are spent on investigating what turn out to be dead-ends, and generally only in hindsight does a research path appear to be clear and obvious.'
on Premarket: Apple is red - 'In dollar amounts, Apple is still the number one stock for Berkshire Hathaway.'
on Horace Dediu: Apple's jui jitsu AI strategy - 'Genius? F-ing A right. Apple’s device customers pay $300B annually, and growing, to buy their private AI. (pun). Apple invests nearly $100B in AAPL, growing at 10% plus annually. Hyperscalers $650B CAPEX depreciates at 30% annually, or $200B annually.'
on Apple's transition from China to India nears its halfway mark - 'Getting to half empty, half full won’t be easy. And definitely not free.'
on Premarket: Apple is red - 'If only there was some technology that could lesson our dependency on oil from terror states. Hmm… Oh wait, my EV’s dont need a gas station and my solar panels are humming!'
on John Gruber: '$599. Not a piece of junk' - 'Has anybody noticed that the MacNEO has a “3.5 mm headphone jack” (aka RCA jack)? Boy if that doesn’t motivate some switchers holding onto legacy peripherals, nothing will. Apple has really addressed the reasons why people continue to buy cheap PCs, and given them lots of reasons to upgrade to Macs. Competitively Priced Aluminum Chassis vs Plastic Best Screens Best Speakers Best Keyboards Best Silicon Best Battery Life Best AI Experience Best Services Best Economic Life Best Customer Support Best Security and Privacy Etc, Etc, Etc. All while PCs are going up in price due to rising memory costs. I wonder how much of that Windows market share (~75%) is in the $500 – $700 price range. That range has got to be the bread and butter of the Windows trade.'
on John Gruber: '$599. Not a piece of junk' - 'No, Joe, you didn’t fix anything. I differentiate. I doubt that Windows software has Apple’s software margins, so I intend to be specific in differentiating Apple’s margins from others’ margins (I will acknowledge that I could be wrong in comparing Apple’s margins to others’ margins), and I particularly intend to differentiate Apple’s *software* margins from Apple’s *hardware* margins. I believe that software margins and hardware margins are quite different. So, although the hardware may be profitable, I believe that it is more important that the hardware sells software and “buys” new customers into the ecosystem.'
on Premarket: Apple is red - 'Read more Daily Beast. You’ll be able to get ample TDS juice there or from MSCOW. I was kind of enjoying recently what my AAPL money is being spent on here at Apple 3.0'
