Gregg Thurman on This week's Apple trading strategies (11/2-11/6/26) - 'Craig needs a seeing eye dog. For sure he can’t read a chart. The only day last week AAPL traded above the S&P 500 was Friday, the day the AI stocks performed a collective meltdown, and even then it was a brief sojourn.'
on In defense of the Apple iPhone Duo - 'Steven, this is the 3rd paragraph in the MR article. It only has one sentence: “Apple’s memo said the issue affects a small number of iPhone Duo units, which is consistent with what it said in a public statement on Monday.“'
on In defense of the Apple iPhone Duo - 'Common sense. What a true breath of fresh air in today’s world. Let the damn thing be born. Iterated refinement later.'
on BofA: Record (and lenient) carrier trade-ins are a tailwind for Apple - 'The major cellular carriers want post-paid subscribers and subscribers purchasing their highest-priced service tiers. Like so many other enterprises, they also want Apple customers and Apple customers on longer-term contracts. The major cellular service providers are in a narrow moat business with few barriers for a customer to move through to change providers. Financing a new iPhone through a carrier contract is one of the few barriers for providers to lock-in a customer. Because payments are made monthly the total cost of the iPhone is less of an issue than if one was paying full cost upfront. This certainly works for the carrier and it works for Apple. It provides a mean for a customer to pay for a new iPhone over time through a promotional offer. It also works for me as an Apple investor. In my view, there’s too much talk about how much a new iPhone “costs” and far less mention how worthwhile a customer views their new iPhone purchase no matter how they chose to finance the purchase of it.'
on Saturday Apple audio: Steve Jobs wows the 1983 Aspen design conference - 'All of the above! 🙂 BUT…. the Only miss I see is on the question about privacy (of all things!). He de-prioritizes the concerns about big data gathering and didn’t quite see how it would turn out to be one of our biggest problems. NO one really did except in very general terms. His brilliance was in “enhanced” common sense and his ability to ignore hype and distraction and “follow the puck”!'
on Apple's John Ternus: The Wired interview - 'Yes indeed. One of the best worst case examples was Balmer, so desperate to make his mark, that he became a total failure.'
on Apple's John Ternus: The Wired interview - 'I like a CEO who’s not afraid to show some emotion. https://youtu.be/llGnGPgWImk?si=tPtw0f-rafMJRwZT'
on Saturday Apple audio: Steve Jobs wows the 1983 Aspen design conference - 'Chris De Armond said: “Holy crap! This is the one to take the time to watch.” Upvoted your comment Chris…and I couldn’t agree more with what you said! After the first couple of minutes, I decided to take my iPad into the other room to ask my wife to watch the video as well. She was also impressed with Steve’s talk and, as you said: “We’ve all known how smart and forward looking Steve was, but this shows he was clearly seeing the future. His explanations of computing at the time and where it’s going are fantastic and almost like he has a crystal ball.” The only thing I have to add is that I never realized that Steve was such a great speaker. He held everyone’s attention not only by *what* he was saying but how he said it. Many times during the talk, he asked the questioner something like, “Do you understand?” or, “Does that make sense?” It reminded me so much of my favorite professor from school. Nobody in his class knew if that day was the day he was going to ask a similar question of them. So, we all hung on his every word and made sure we understood. 🙂'
on Saturday Apple audio: Steve Jobs wows the 1983 Aspen design conference - 'How he is candid about “we don’t know yet how to do that, but that’s where we want to go” (paraphrased)!'
on Saturday Apple audio: Steve Jobs wows the 1983 Aspen design conference - 'Also, near the end in response to an audience question, Steve gives a great discussion of Apple, the company, philosophy and way of doing things.'
on In defense of the Apple iPhone Duo - 'Have had mine for a week now and have had no issues. I’ve been using Pro Max versions for years now, and I don’t think I can go back to that form factor now. I still have my 17 Pro Max because when I was ordering the Duo, my concern was there would be times when I would want the cameras the Pro provides. So far, the cameras (such as they are) have been sufficient for my needs. Actually, over the summer, I got an Insta 360 and was using it when traveling and barely used the Pro, so who knows if I’ll actually keep the Pro. Bottom line is I really love the Duo. I love it in both the folded and unfolded form. The Pro now seems actually weird to pick up and feels comically long. Oh, and I understand I’m using a foldable, so I treat it with the care such a device demands. Will my mind change in the future? Maybe. Maybe as the product ages, I’ll see that it can’t hold up as well as the candy bar design. But I’m certainly not going to go out of my way to try and break it.'
on Premarket: Apple is red - 'It’s interesting (to me) to consider which of those stocks have businesses and management ready to handle a significant downturn. I’m no fan of Microsoft, but that’s the only one of those that I’d consider ready to weather a tech market crash. Google could muddle through. Oracle has been around long enough, but that doesn’t mean their management is up to surviving.'
on Evercore expects Apple to beat its conservative guidance - 'The clearest sign of market confidence on all the AI hyperscaling and compute leasing: spiking CDS prices! LOL'
on Premarket: Apple is red - 'Bill, it sounds like you are wired a lot like me. I consistently time my retreats to safety well – but I have never once bought back in at a good time. Consequently, I am standing pat in the face of what feels like a high probability of being on the brink of a crash… oh well hopefully I live long enough to profit from the recovery!'
on Evercore expects Apple to beat its conservative guidance - 'Yikes! I blame it on this 80-year-old brain…. Thanks, Charles! And apologies, Horace!'
