Bart Yee on Premarket: Apple was green, turned red - 'Saw that a little while ago. Apple has traded within a narrow range above $330 since Sept. 11, about 18 days, and avg volume has drifted down to 49M shares. Daily volume has only exceeded 38M shares 5x out of those 18 days. As most here suspect, until there’s compelling news on the iPhone 18 Pro demand and supply, everyone is waiting on iPhone Duo’s preorders and then availability and delivery times. Since it’s materially a much smaller expected total orders (>4-5M but <7M through 2026) the preorder website shouldn’t crash…however, Apple itself doesn’t comment on preorders and supply directly so we have to rely on delivery time checks and industry analysts and commenters for clues – imprecise as they may be. No further comments so far on production rates, yields and supply inventory. However, the earliest delivered users will be inundated with demo requests. Plus there should be significant stock for Apple Store demos, probably 6-10 per store and then pickup stock, if any is allotted. Only at that time will we see or hear some possible stock moving news. Normally I would say AAPL is being treated as an ATM but NVDA is carrying another Trillion above AAPL and GOOGL & MSFT are over or near $4T as well so there’s lots of liquidity sloshing around.'
on Premarket: Apple was green, turned red - 'On a day nearly 75% of S&P 500 components are moving higher Apple is off $0.73 at $332.16. Constellation Energy is leading the index higher with a gain midday of 15.46% at $291.11 on news Google has struck a 20-year nuclear power deal with the company. Apple supplier Corning is up $8.25 or 5.18% at $159.37 and Broadcom is up $15.68 or 4.33% at $362.51. We are now halfway through the noon hour in New York.'
on Apple has a 'Full Disk Access' problem - 'As for AI & Meta, caveat emptor! (And I didn’t need AI to look that up)'
on Premarket: Apple was green, turned red - 'My 18 Pro arrived yesterday. Transitioning from the 15 Pro was harder than it should have been, took me 3 tries. And then, despite the two phones being connected by a USB cable, it appears Apple’s default data transfer mode is via iCloud. NOT a particularly smooth experience. But the phone feels significantly faster, particularly Safari. I noticed the battery charged to 100% the first couple of times, probably in part to support the background indexing that apparently is happening with iOS 27 to support AI. (And I -think- I’ve turned off all that AI stuff. That’s my default position on AI, if/when I need it, I’ll enable it. But NOT before! Now stay off my lawn! )'
on Mark Gurman retails Apple smart home rumors in his first 'Power On' podcast - 'The operating model is that he has bots scouring LinkedIn every day looking for Apple employees who have recently left the company. He cold calls hundreds of them to probe for any info. If only 1 in 100 agree to speak, he has a job. The odds are good because thousands of people rotate in and out of Apple every year so he probably can cold call a few hundred a week. When he says he does not use inside sources or people who break contracts, he’s technically correct because they are no longer employed. Moreover, he can get more than one person usually to corroborate a “scoop” since it’s a numbers game. This sort of skimming of “what did you hear is going on” is his bread and butter. If one in one thousand is disgruntled then he’s got a lot more to mine. That’s where he gets the “big scoops.” Apple can’t do anything about this.'
on Apple has a 'Full Disk Access' problem - 'David, It is an interesting question about being naive on computers. Personally, I want Apple to be thinking about control of things I am not thinking of(or even know about). If that is what it takes to be a naive user of Apple products, sign me up. I don’t need to control every setting. I just like feeling like I am more protected. That doesn’t mean that I am not irked, as you state, by some of the changes that Apple implements. But, in totality, I like having Apple make many of the decisions to protect the privacy of my information. As to Meta and Muse, I don’t want any part of it. Maybe a warning if you try to load Muse onto your computer that your data is at risk would be nice. But if you load Muse intentionally, then you are willing to become the product to get the benefits of what Muse has to offer. I would imagine that some people who don’t have a lot of money may be more willing to do that.'
on Apple has a 'Full Disk Access' problem - 'I see this, not so much as a “problem” for Apple, but more of an opportunity for the company to educate its customers about the dangers of trusting AI agents in general, and those devised by Meta in particular. It is in Apple’s interest to do this. And it is also in Mac users’ interest to develop a healthy wariness about protecting one’s privacy in an age of Agentic AI.'
on Apple has a 'Full Disk Access' problem - 'So, if you instruct Muse to not access Messages it just goes ahead and does it? And then, the Muse software problem is handed over to Apple to do the job. What a surprise.'
on Jim Cramer calls BS on Erik Woodring's Apple target cut - 'David, Yes, I believe the word is pedantic.'
on Jim Cramer calls BS on Erik Woodring's Apple target cut - 'Start with two words that begin with P, prediction and precision. Then go on the posturing, posing, pretension, prevarication, and ??. In contrast, our esteemed colleague, Horace grinds out accurate models based on historical data. And then guides our thinking about the implications for the future. That helps.'
on In Texas, Apple lands the Beaumont independent school district account - 'IIRC, it was Oscar Wilde who said that some people know the price of everything but the value of nothing. Chromebooks remind me of disposable fashion – basically junk.'
on Jim Cramer calls BS on Erik Woodring's Apple target cut - 'I guess Erik Woodring is using the same Morgan Stanley process as previous Apple analysts at that firm. (the well respected Katy Huberty among others) They update the price target during the year and if their math adds up to a slightly higher or lower price target so be it. Sometimes the difference has been even smaller than the five dollars a share change this time. Personally I wouldn’t make price target changes of such a small percentage but they certainly have done this at MS before. Of course if you look at Woodring’s record of predicting earnings you would see a big enough error in forecasting you would think they wouldn’t be so precise on their targets which do somewhat have a relation to expected earnings. Kind of like election polls which have an inaccuracy rate of at least a few % either way depending on the polling size math. The bigger the sample the smaller the error range.'
on Premarket: Apple is red - 'This was in the Apple stock app. https://stocks.apple.com/Ahq9ntm9KT1eKWXxN5FBVJQ Out of my area of expertise but sounds good for Apple.'
on In Texas, Apple lands the Beaumont independent school district account - 'Now if Apple can get Keanu Reeves as the Neo spokesperson… 🙂'
