ben luna on Counterpoint: Apple grows as low-end smartphone makers get squeezed - 'I don’t begrudge these more affordable suppliers nearly as much as I detest goog’s and samsung’s slavish copies. They can afford to do better, have some pride, and should be instead pushing the state of the art forward. Palm with WebOS was the last true competitor, RIP.'
on UBS: No WWDC fireworks - 'The latest price target on Apple from Mr. Vogt I can find is $296 issued May 1st. The shares closed at $311.23 today. I wouldn’t be surprised if he’s surprised by what’s announced on Monday and throughout next week’s WWDC event.'
on Premarket: Apple is green - 'If Horace’s 20 year CAGR of AAPL is more accurate than my simple 25%, then Ives’ AAPL PT of $400 implies an AAPL present value of $313. Today, AAPL seems to be trading in that orbit. I wouldn’t be surprised if AAPL continued to trade accordingly until July Earnings and GUIDANCE, following which I can see an Ives PT update, that matches Apple’s stated estimate of revenue growth for the September quarter.'
on Premarket: Apple is green - '@Joseph There seems to be a bias among analysts for new, the edgy, the monopoly. Well over a decade ago a guy at TD Ameritrade suggested I sell AAPL because they were done for. Commodity phones would take over. It seems to be a kind of group think for them. Maybe they have seen too many other companies that tried to provide quality products fail in the face of cheap commodities? Also, looks like a surprising absence of puts in the chart PED posted above.'
on UBS: No WWDC fireworks - 'Yes – it’s quite funny. I found it on YouTube by simply searching “Apple ad Chrome”. Good choice of music to go with the ad, as you’d expect from Apple.'
on Premarket: Apple is green - 'Hi, Gregg. A while back, I “treated” myself to signing up for Horace Dediu’s Asymco One. Today, coincidental to your post, he wrote an article that notes (1) over the last 20 years, Apple’s CAGR equals 26.6%, and its share price has compounded at 27.7%. And yet, 42% of analysts rate it a hold or sell, and 10% don’t even rate it. He ends the article with this statement: “The skeptical claims have not presented extraordinary evidence. The strongest has been that if AI can create an alternative to the user interface Apple pioneered, and if Apple would not be incentivized to embrace this new paradigm, and if enough users would abandon the comfortable and familiar digital life Apple affords them then Apple would slow or stagnate. There are a lot of “ifs” in this argument. Each more dubious than the other. In contrast, the “flywheel” or momentum of serving 1.3+ billion users with iris-dilating products and services provided at premium positioning seems self-explanatory. That almost 40% of the analysis covering Apple believe that it cannot deliver above-index average growth continues to amaze me.” He’s not alone….'
on Hundreds of Apple Vision Pro engineers have re-entered the job market - 'I’ll stand – right behind you! 🙂 I really, really hope you’re right.'
on UBS: No WWDC fireworks - 'I don’t expect fireworks but I do expect improvements. That’s about it.'
on Hundreds of Apple Vision Pro engineers have re-entered the job market - 'GlassDoor aggregates the opinions of the employees about Apple culture, benefits, CEO approval etc., no spin, just data. Ignore third party hallucinations.'
on Hundreds of Apple Vision Pro engineers have re-entered the job market - 'Thank you Johnny T …. After reading the actual article, it is abundantly clear that the “Apple Culture” is a real thing of value, and is very much alive and well, after all these years since Steve Jobs created it. The uniqueness of a former Apple employee cannot be underestimated. This bodes well for Apple’s future.'
on Counterpoint: Apple grows as low-end smartphone makers get squeezed - 'Travel through many parts of the world and you will see the low end shamelessly copying, no counterfeiting, apple’s designs. If this means they can profit no more while apple (slowly) moves to offer more affordable entry points and take market share then good.'
on Ming-Chi Kuo: John Ternus has torn up my Apple vision roadmap - 'A wish list for Apple competitors? Therefore it may be Apple directed misinformation.'
on Premarket: Apple is green - 'When a company has multiple positive changes in their fundamentals, I would expect RSI to remain above 70 most of the time.'
