Michael Goldfeder on Apple subsidiary fined for reporting its error - 'The next headline from Eddie will report this situation as: “Apple supports Russia in War against Ukraine.”'
on Apple click bait from the Motley Fool a few days early - 'This sounds like he is looking at the worst case scenario for Apple and he feels that it is more than likely to happen, at least to some level. It would be interesting to look at the worst case scenario for each of magnificent seven and see what those look like. You could say advertising is a legacy product and pop ups are looking old in the tooth. Especially if you think we are heading into a recession.'
on Apple subsidiary fined for reporting its error - 'I forget his name (and the tournament he played in) but a golfer playing a PGA event misreported his final score (he reported 1 stroke too many). His final tally was actually on stroke less than he reported. He was penalized two strokes for the error. That cost him a couple thousand dollars.'
on Apple subsidiary fined for reporting its error - 'For many in government, “Big is explicitly evil and must always be punished”'
on Apple click bait from the Motley Fool a few days early - 'And if it was… They should be ashamed! 🙁 (And embarrassed!)'
on 7th Apple 3.0 price target contest: Sunday March 29, 2026 edition - 'Alright, I’ll go an optimistic $303! Macro issues are too unpredictable so I’m excluding. For AAPL, I’m optimistic about the product line-up and results will become clear over ‘26. However, AAPL already absorbs ~$1 in every $10 invested in the stock market, so the probability of future material upward movement is limited (i.e., don’t see the substantial increases to revenue, profit or EPS to warrant material change in AAPL). Without the Iran war I’d guess we’d be trading in the $280’s so $303 by April ‘27 would be a 6% increase over the next 12 months, which feels about what to expect based AAPL’s more recent years performance. Further, my optimism is based on only a 50% probability that beginning in Dec ‘26 AAPL will have some sort of real or manufactured strategy, risk and/or uncertainty issue (e.g., AI in Dec ‘24 and memory chips in Dec ‘25) with 100% certainty that Tim Cook will do nothing to address it.'
on IDC: Smartphone sales will grow next year - 'I hadn’t noticed the graph, Philip – pretty hilarious! This article isn’t new – it’s the same as their release a month ago, with nothing new in predictions: February 26, 202611:08 AM PST ‘”Smartphone shipments are expected to drop 12.9% to 1.12 billion units, the research firm said in a report. “What we are witnessing is not a temporary squeeze, but a tsunami-like shock originating in the memory supply chain,” said Francisco Jeronimo, vice president for Worldwide Client Devices at IDC. A rapid build-out of AI infrastructure by tech firms such as Meta, Google and Microsoft has captured much of the memory chips supply, lifting prices as manufacturers prioritize components for higher-margin data centers over consumer devices. Memory chips, or DRAM, are crucial to smartphones as they allow power-hungry applications to run smoothly. Analysts have said rising component costs will force budget-device focused companies to pass the expenses on to consumers, just as demand at higher price points is weakening. IDC expects a modest 2% recovery in 2027 as the crisis eases, followed by a 5.2% rebound in 2028, though it said that the market was unlikely to return to previous norms. A rapid build-out of AI infrastructure by tech firms such as Meta, Google and Microsoft has captured much of the memory chips supply, lifting prices as manufacturers prioritize components for higher-margin data centers over consumer devices. Apple and Samsung, with stronger balance sheets and premium positioning, are better positioned, IDC said. “The memory crisis will cause more than a temporary decline; it marks a structural reset of the entire market,” said Nabila Popal, senior research director at IDC’s Mobile Phone Tracker. https://www.reuters.com/business/media-telecom/smartphone-market-set-biggest-ever-decline-2026-memory-price-surge-idc-says-2026-02-26/'
on Premarket: Apple is green (and oversold) - 'After dropping $4.09 on Friday to $248.80, Apple’s share price is up $0.56 at $249.36 in pre-market activity. Index futures are decidedly in the green as we head toward today’s opening bell. Financial stocks, which were a casualty of least week’s sell-off, are higher this morning. Morgan Stanley, for example, is up $1.45 at $159.80 before the bell.'
on Apple as AI distributor - 'Gregg, upvoted. Our messages passed in the ether, but yes, no surprise to us here at Apple 3.0'
on Apple click bait from the Motley Fool a few days early - 'I thought Jack Lurch might be a sock puppet. But it’s worse than than… From LinkedIn: “Prior to The Motley Fool, Jake worked for 12 years at Credit Suisse.”'
on Premarket: Apple is green (and oversold) - 'You know how Trump is lying, his lips are moving. I’ll believe it when Iran does anything he says it agreed to. This could be an oversold dead cat bounce. What’s the + catalyst? $115 oil? Crashing economy? Overspending mega caps on AI with no path to profit? I could go on.'
on The Verge: In antitrust, Apple is the new Microsoft - 'Anyone who aspires to this App Store argument will have to wait another three years or so.'
on This week's Apple trading strategies (3/30-4/3/26) - 'Tim figured that out, too. (I am not Joe. 😉'
on Mark Gurman: Forget AI, Apple's core strength is hardware - 'I think what Gurman is trying to say may need a little clarification. The race he says Apple lost, was not the race to use AI or the race to make money off of AI. It was a race solely between a Smart Siri, Perplexity, ChatGPT, deep seek, Grok, Claude, Gemini, etc, to be the best AI app. A Smart Siri may still be in the development, but it has a long, long ways to catch up, and to be smart on it’s own. Where I disagree with Gurman, is that I am glad Apple did not try to win that race (see CapEx). The winners of that race, because of the massive CapEx, are still trying to find ways to recap those expenses. The race to make money off of AI is a race I believe Apple is already winning, not that they have a great AI revenue (yet), but their expenses are low. Sources of AI revenues will be from the app store, software, and hardware.'
