Gregg Thurman on Seeking Alpha: Apple gets an F - 'AAPL’s valuation appears expensive compared to its peers. I don’t care what the “sector” does. None are marketing the same product categories Apple is. I care what Apple does, and in that regard Apple is poised to blow the sector away. David, I’m with you “F him”.'
on Mark Gurman: Apple's AI and robotics teams are draining talent - 'Precisely what I was thinking Neal. Certainly Dye going sounded like a win, and pretty sure John Giannandrea as well.'
on Apple was red, turned green - 'It’s time to get this Tuesday party started… Pre-market Apple is up $0.37 at $278.26. NVIDIA is ahead $0.72 at $186.29 on news of permission to sell more chips in China with a Trump twist. Walmart begins trading on Nasdaq this morning because the company considers itself more of a tech enterprise. Pre-market the shares are in the green $0.64 at $114.20. Index futures are slightly below the line ahead of the bell at 9am in the east.'
on Seeking Alpha: Apple gets an F - 'The PED-extracted quotes are full of inconsistencies which don’t seem to be resolved. Profitability is massively greater than ‘sector’ but ‘appears expensive relative to its peers’ who can’t touch that profitability. But then, who exactly are Apple’s peers? My reaction is “F him.”'
on Evercore on turnover: 'Stay calm & Apple on' - 'It’s no coincidence that the recent negative narration just suddenly appeared when Apple was repeatedly hitting new all-time highs every day. The awful truth is, it’s a highly manipulated rigged game. Stock prices are driven up and down using so-called “news“ which are regularly planted stories to manipulate stock prices. Algorithms are programmed to automatically react to planted stories. The gangs who plant the stories know this. A lot of it’s probably done offshore where the SEC can’t track the source. Pardon my cynicism, but you know it’s true. Even Cramer confessed to how easy it was to plant a story, and admitted doing it many years ago – well before he got his TV show Mad Money. On videotape no less. NEXT UP: They are going to say that AAPL is oversold. Run stories reminding us that Tim Cook gave a guidance for a 10% increase for the next quarter. And drive to stock back up…. to hit all their recent raised targets. I’ll even hazard a guess that this will kick in the moment the FED lowers interest rates. They’ll call it a Santa Claus rally. Ho ho ho – and many happy returns everyone.'
on Mark Gurman: Apple's AI and robotics teams are draining talent - 'Bill, exactly. As a perpetual startup with dreams beyond our resources, and aspirations beyond wealth for wealth’s sake, I can tell you first hand that it is a very difficult situation for a company who won’t play the money game inconsistently with their values to be in. Meta and rivals are dangling pay and privileges that make their offers very tempting, not usually for the talent, but their human relationships – partners, parents, friends, ex-colleagues at rivals. Talent may be extremely happy with their work at the level at which they get to do it, but it’s hard to explain to your partner why you are not just grabbing the bag someone is offering you. If you don’t know who you are and why you are, it can be paralysing, leading to stress and burnout and eventually just punching out. Consider this current phase an immunisation booster for Apple’s six coloured heart – you either enjoy what you do and are at a place aligned with your values or you get seduced by the benjamins (or the power offered you) by rivals. Those susceptible to that siren song will go faster because of this, while those that stay will continue to enjoy the “Collaborative and creative culture” at the heart of Apple, as Tim recently stated. And since at Apple, your idea could add impact to billions, if you focused on that, it’s no contest really. Apple has a culture of investing in craft vs process.'
on Mark Gurman: Apple's AI and robotics teams are draining talent - 'Exactly. All of the big companies with major AI goals/plans/strategies are seeing talent changing their employer, for a bunch of reasons. In some cases it’s because someone (cough, cough, Meta…) has thrown insane amounts of money at them, and in others its because of strategic changes where they’ve been working, or interesting opportunities have arisen elsewhere. And the simple reason is that the absolutely explosive growth of AI as a corporate priority and funding that has followed that has created a real shortage of experienced, high-quality people with relevant skills. But Gurman insists on pretending that this is something that only Apple is dealing with.'
on Evercore on turnover: 'Stay calm & Apple on' - 'This report aligns with what Gene Munster was saying…'
on Mark Gurman: Johny Srouji is not leaving Apple - 'I wonder if the false information was intentionally fed to a leaker that Gurman frequently relied on?'
on Mark Gurman: Johny Srouji is not leaving Apple - 'Although banning him here might seem like a good idea I don’t agree. Only because he is widely read outside of this esteemed forum it is important to know what nonsense he is saying. As much as I wish it wasn’t the case, he does have influence over enough people to make a difference on any given trading day.'
on Mark Gurman: Johny Srouji is not leaving Apple - 'Gregg I agree with your sentiment but “ever” is a long time. Who knows… Gurman may actually be worth reading once in a blue moon. I think it is very charitable of me to consider the possibility. I almost always skip over the articles that he creates that end up on Apple 3.0. I would put him in the “why do we even pay attention ” category along with a few others that seem intent on making Apple Stock move without much substance. Maybe Philip can screen out more of his work without a total ban. This whole Apple is losing talent narrative seems to be this season’s “here is why Apple is failing” point of view so often used to talk down the stock price creating a nervous crisis mentality for analysts and investors.'
on Mark Gurman: Johny Srouji is not leaving Apple - 'I fully trust PED’s curation and editorial decisions.'
on Evercore on turnover: 'Stay calm & Apple on' - 'Well, I chose the red pill for that rabbit hole. Thank you & fascinating. To learn more about the rediscovery, here’s kinda the link : en.wikipedia dot org /wiki/Keep_Calm_and_Carry_On#Rediscovery_and_commercialisation'
on Mark Gurman: Johny Srouji is not leaving Apple - 'Gurman justifies himself with “for now” in the headline. Funny how he wishfully reads Srouji’s “don’t plan on leaving any time soon” as “for now” while many of us may read this is as “(n)ever”.'
on Mark Gurman: Johny Srouji is not leaving Apple - 'This story never made sense to me. Now we know why.'
on Mark Gurman: Johny Srouji is not leaving Apple - 'he got it called out on his bullshit, everything he says is now even more suspect than it already was.'
on Mark Gurman: Johny Srouji is not leaving Apple - 'At least whores make an honest living. I hate liars, lying politicians, and lying incompetent FAKE journalists.'
on CNBC: Unlike the rest, Johny Srouji may be irreplaceable (video) - 'It seems like there is going to be lots of speculation about these kinds of issues at Apple. It is nice that Srouji shut this down right away. Did someone misinterpret something that Srouji said or did Cook shut this down by giving Srouji things that he wanted after saying he was thinking about leaving?'
