Bart Yee on In Cannes, Eddy Cue wins the 'Oscar of Advertising' for Apple TV - 'Can’t say that wearing suits has made any particular Hollywood Studio any more adept at making consistently good TV or Movie content and programming, especially if you consider the types of programming catering to reality TV, and lowest common denominator copycat programming. But then again, rarely do you make money with thoughtful, thought challenging programming that asks how, what, when, where, Why, and What if? The recent Paramount – Skydance, then Warner Brothers / Discovery purchases and merger at astronomical prices suggests there will be much more quantity than quality chasing ever smaller advertising through media content.'
on Premarket: Apple is red - 'While I like watching these contests, I don’t like participating in them – too much math, which isn’t my strong suit. Also, we live in fraught times, with the Trump Black Swan hovering menacingly over us. Things SHOULD go swimmingly for Apple going forward, but it’s impossible to count on it. Maybe come November, things will begin to change, but that’s still very much a crap shoot, considering the new ways to suppress a truly representative vote having now been green-lit by the immoral majority on the US Supreme Court.'
on Kansas City: Chromebooks out, MacBook Neos in - 'Bart: “Annual Budgets and availability will be the bottlenecks, with eventual full deployment taking 2-3-4 years if budget limited.” Yes! Followed by this: “Key will be next quarter earnings showing double digit growth in Macs and yet continued constraints limiting more revenue production, a good problem to have.” Exactly – spot on. My biggest concern is not memory chips, it’s more TSMC’s ability to scale up production of SoCs. As Apple is now competing for their attention with Nvidia and others.'
on In Cannes, Eddy Cue wins the 'Oscar of Advertising' for Apple TV - 'I vividly remember back in March, 2019 when Apple announced that they were going to start a streaming service. Most chuckled and scoffed at the idea. Notably, Warren Buffett came out and said: “He wouldn’t want to play in that game because it was crowded with very smart, well resourced competitors. However, Apple was large enough that it can afford a mistake or two.” Doesn’t look like a mistake now.'
on Premarket: Apple is red - 'Gregg writes: “Philip, wouldn’t it be nice to see Apple 3.0 members’ consensus revenue numbers right after Apple’s earnings report and GUIDANCE for the following quarter, instead of waiting until the quarter is nearly over? Forewarned is forearmed, as they say.” To make it a contest, we’d have to collect the estimates before. But if there’s interest in Gregg’s suggestion, I’d be willing to poll right after earnings for top and bottom line estimates. What say you all?'
on Premarket: Apple is red - 'AAPL has been on a nice run, until May 13 when seemingly, AAPL has stalled. Since then it has traded within a $10 range of $293-$303 with the midpoint being $298. I expect this to be the case until after WWDC and July earnings report and GUIDANCE. If it’s true that investors buy, with an eye to make 25% on their investment, then investor consensus (not to be confused with analyst consensus) is $375, which coincidentally happens to be the midpoint between the #1 ($400) and #2 ($350) analyst price target. It should be noted that since 2010 AAPL (and Apple revenue) has grown, on average, ~25% per annum. Using the above as a tool to look inside investor minds (sentiment), then I don’t think it’s unreasonable to believe that by May 2027 AAPL will be printing $375, provided of course, that Apple performs in accordance with investor expectations. I think Apple/AAPL will perform as expected, after all, investors are a notoriously conservative lot. That being the case there is a very real possibility that AAPL will trade higher than $375. If AAPL follows that track I will be raising my quarterly option Strike point from about ~$20 in the money to ~$10 in the money, heavily influenced by management’s GUIDANCE. It should be noted that just in the money yields ~60% ROI quarterly. For the December quarter (January expiry) I may be tempted to invest accordingly. Philip, wouldn’t it be nice to see Apple 3.0 members’ consensus revenue numbers right after Apple’s earnings report and GUIDANCE for the following quarter, instead of waiting until the quarter is nearly over? Forewarned is forearmed, as they say.'
on Kansas City: Chromebooks out, MacBook Neos in - 'Apple has a huge opportunity to regain the proud place it held in American education with the release of the MacBook Neo. Combined with what will be the latest updates to the company’s operating systems to be announced in just a few weeks, there’s no reason for American households to look beyond Apple products for all of their technology needs. The iPhone’s halo effect and Apple products proliferating in American schools will together widen the company’s economic moat.'
on In Cannes, Eddy Cue wins the 'Oscar of Advertising' for Apple TV - 'I love Eddy Cue. He’s the right kind of crazy, but that’s tame compared to other tech bros in the valley who are borderline incompetent. The footage of him at Warriors games is legendary. The anecdote about him telling Hollywood execs that he didn’t own a suit, after they called him out for not wearing one to a meeting, is exhilarating. Here’s to the “crazy one.”'
on Kansas City: Chromebooks out, MacBook Neos in - 'Big congrats to KCPS and to . Reminds me of Apple //‘s partnered with public education back in the 20th Century.'
on Premarket: Apple is red - 'I am delighted to see that Horace, unlike most, shares my incredulity and exuberance over the Apple Vision Pro.'
on Premarket: Apple is red - 'Stephen: you get the gold star for asking the question that all the hyperscalers find the most “uncomfortable”!'
on Apple soars to another record high close: $302.25 - 'I’m guessing AAPL will continue its upward trend as MacBook Neos begin to gain favor in schools, helping to contribute to overall Mac sales. I saw an article on AppleInsider today stating Kansas City has purchased 4500 Neos to supplant Chromebooks and Windows units in grades 8-12. They already have other Macs and iPads currently in use. And hopefully we’ll get some good new product news coming up this year'
on Premarket: Apple is red - 'NVIDIA’S earnings were absolutely mind-bending: Net income for the quarter was $58.3 billion, up 211% from a year ago. GAAP gross margin was 74.9%. Free cash flow reached $48.6 billion.dividend raised 25 fold from $.01 to $.25.'
