David Thall on This week's Apple trading strategies (4/20-4/24/26) - '“The size of the moves is telling me it’s more than a dead cat bounce…” Had to wait until the very end to hear that. Well, as that sentiment may pertain to Apple, I happen to agree. Why? The consensus by Apple centric bull analysts still has their price targets over $300. The facts show that Apple’s doing relatively very well despite the overall market volatility – from the political insanity going on. iPhone: For the first time, the iPhone now has a worldwide marketshare over 50%. Though smart phone sales were down in China, Apple’s sales there were significantly up, I recall around 23%. The anticipated brand new foldable iPhone coming this September will no doubt be very newsworthy. Mac: The brand new Neo laptop has gotten very good reviews. It’s low price point may not contribute a lot of revenue quite yet, but it appears to be very well positioned – targeting students. Who will inevitably upgrade to more expensive Macs when they get older. Services continue to grow very nicely with Apple recently announcing it will make Apple TV available through Amazon Prime. This can only contribute to revenue, as well as marketshare. Anyone who’s watched the series “Slow Horses” or the film “F1” knows the quality of their original exclusive productions is still first rate. From what I’ve heard, consequently, the consensus is Apple’s fast approaching April 30th ER should be good, and though the higher cost for memory may be nibbling at its margins, at the very least in-line with positive forecasts. With the WWDC just five weeks after the ER, where new products and/or upgrades will no doubt be introduced, if not discussed, I can’t imagine why the stock price wouldn’t take a run at a new all-time high. Which I believe is around $288. Of course, Trump might suddenly decide to shakedown Greenland or Cuba, and start bombing Iran again, which would no doubt add to market volatility. However, it appears the market has digested all that – and shown that tech stocks like Apple are not very affected by war and the price of oil. And though it could be affected by a recession, if it happens, that seems to be down the road. So… I believe despite the endless tsunami of crappy news 24/7 – and the potential for more volatility, Apple is one of the best “safe” stocks to own. As it continues to expand its installed base. I bought new shares weeks ago and have decided to hold them through the next ER. I put a GTC to sell at $276. Good luck, and happy trading.'
on Neo isn't the only Mac that Apple can't build fast enough - 'The price/performance point was not very good. But I almost bought one, when I was considering a temporary foreign assignment. It was small enough to take in my carry-on bag, and for ‘at home’ use it was good enough. I figured I could bum a spare monitor and keyboard from work to connect to it.'
on Neo isn't the only Mac that Apple can't build fast enough - 'Wasn’t it also too expensive to be anything but niche?'
on Premarket: Apple is green - 'Three straight days, three days of all-time highs and all-time closing highs for both the S&P 500 and the Nasdaq Composite. The DJIA, which rose 868.71 points to close at 49,447.43 on Friday, remains not far below its all-time high of 50,512.79 set on February 10th. Apple remains just 0.60% in the red year-to-date after rising $6.83 on Friday to close at $270.23.'
on In 2015 Apple became the No. 1 buyer on eBay of second-hand Nvidia cards - 'Just got mine. Looking forward to a LOT of late nights!'
on AppleInsider: Something's rotten in the App Store - 'If user experience is Apple’s primary credo, then someone(s) at Apple has slipped, stumbled and fell flat on their face. Advertising and privacy may not benjoined at the hip, but the public doesn’t know this. When they see ads (especially when they see enough to be annoying, they immediately believe, rightly of wrongly, Apple is spying on them. Privacy is too big an issue to endanger the Apple brand with advertising.'
on AppleInsider: Something's rotten in the App Store - '“We’ve been at this a long time.“ Too long. Whatever the excuse, we don’t hear Apple’a side. Filed under dinging Apple to make a buck. I sometimes think PED files these ad hominem arguments just t appear balanced….'
on Neo isn't the only Mac that Apple can't build fast enough - 'I guess the Cube was ahead of its time, huh?'
on AppleInsider: Something's rotten in the App Store - '“Or to look at it another way, Apple earned between $1.425 million and $2.85 million from that scam, depending on whether the developer is charged 15% or 30%.” I’m not sure this reporting is true. The fake cryptocurrency app referred to [Freecash] was free in the app store. And according to an AI search, the way the app got people’s money bypassed Apple’s commissions and Apple earned no money.'
on AppleInsider: Something's rotten in the App Store - 'Apple’s failure to remove Musk’s retooled porn-generating app – even after it rocketed to the top of the App Store – is inexcusable. Like Fortnite, it should have been pulled immediately!'
on BNP Paribas raises its Apple target $40 to $300 - '“CORRECTION: An earlier version of this item had a big fat typo in the headline.” Waiting for headlines that Apple 3.0 cuts analyst’s Apple stock target price in half! Noticed this typo before it was corrected. As for the correct story it is good to see an analyst upgrade the stock regardless of the recent war price gyrations.'
on Neo isn't the only Mac that Apple can't build fast enough - 'That Wǒkyis Retro Mac dock station let me plop in a 4Tb Samsung PCIE SSD card inside it, so I have an external SSD connected to my 4Tb Mac Mini for backup purposes.'
on Buyers are snapping up MacBook Neos faster than Apple can make them - '— Dan E. — “…an additional 5 million Neo’s is not a huge revenue increase for the company.” Revenue, nice, but a founding presence in an expanded arc of offerings is better. This is foundational revenue for so much more to further advance broadly across the ecosystem.'
on In 2015 Apple became the No. 1 buyer on eBay of second-hand Nvidia cards - '@Stephen Get Brodart Just-a-Fold clear, acetate cover material from Amazon. You trim it to size with an Exacto or other knife. Looks simply beautiful on Pogue’s book! Similar to what libraries use to protect their books. Sturdy and very professional. You’ll be delighted with the results!'
