Robert Paul Leitao on Premarket: Apple is red - 'In early Friday trading the major indexes are mixed. Apple is currently off $2.17 at $314.05. Meta Platforms is higher by $38.83 or 6.15% at $670.31. The shares remain well below the all-time high of $796.25 set last August.'
on EU Court: Yes, Virginia. Apple is a gatekeeper - 'The real problem is that what the EU wants out of all of this is for the EU to come up with a competitor for various aspects of Apple’s business. Unfortunately, that is hard to put into legislation as well as hard for a company, like Apple, to try to thread the eye of the needle to give its customers what they want and need while, at the same time, satisfying the EU requirements. It would seem that some of the things that they want Apple to do would make the phone/OS less safe. Maybe that is what they want to help bring about an EU competitor. The system may be stacked against Apple in the EU and the courts may not bring about any legal relief. Apple can satisfy the “legal” requirements that are on paper but it also depends on legal interpretation by the courts if they are doing enough. It is one of the things that we will have to wait and see how it all gets played out.'
on In shrinking global PC market, Mac sales grew nearly 16% in the June quarter - 'Apple increased all Mac sales by 16%. Apple also raised prices towards the end of the quarter, plus IMO figure improved and higher cost Mac product mix, especially for higher memory configurations for AI work or pull forward demands (get it now while it’s cheaper, and buy for future proofing at least 3-5 years). I would not be surprised at all if Mac revenues and ASP’s increased by low to Moderate double digits, say 11-15%, during the quarter due to users’ self memory and configuration upgrading. Based on the numbers given for Q2 CY2025, Apple sold 6.264M Macs garnering $8.046B, giving an ASP of $1285. If ASP’s remained flat, at 7.257M units, revenue would project out to $9.32B, an increase of the same 15.8%. However, if ASP’s rose by just 10% to $1414 (+$129), revenues would increase to $10.26B, an increase of over 27%! Likelihood is it’s gonna end up somewhere in the middle but I think Mac revenue will certainly be higher YOY by double digits, just how many double digits is gonna be the question. Q2 was up 6% YoY so accelerating that to double digits isn’t impossible given this sales data. I hardly think ASP’s went down.'
on How Apple hedges foreign exchange fluctuations - 'I’ve always said that the CEO of Apple was essentially the Sec. of Commerce. Didn’t know he was the chairman of the Federal Reserve too.'
on Barron's technician sees Apple shares growing another 10% this summer - '“Harami” looks like a Rorschach test for sexual deviants.'
on Barron's technician sees Apple shares growing another 10% this summer - 'There’s a full moon in 20 days. Does that help?'
on Barron's technician sees Apple shares growing another 10% this summer - 'And then another 10% this Fall.'
on Barron's technician sees Apple shares growing another 10% this summer - 'With solid Neo revenues and good commentary on the post earnings call, that target is within reach.'
on Huawei is the big winner of China's 618 shopping festival - ' Heading for Joe Bland’s members-only dinner in Palo Alto Safe travels! See you there! 🙂'
on Premarket: Apple is red - 'So for those who are checking Apple Stock price this afternoon. Quote from CNBC site. 07/09/2026. 2:12PM Apple Stock 314.52 quote price arrow up+1.13 (+0.36%)'
on Premarket: Apple is red - 'There is a story posted in the Apple stock app about a company that has a way to run an LLM on an iPhone. https (colon) //stocks.apple (dot) com/AeKp0tXt7S9-YFUPNE9-n1g This is interesting for a couple of reasons. One is that they are focused on doing this with an iPhone and not needing a data center. It speaks to the capability of Apple hardware. Where Apple has been beefing up the M series hardware to better run AI models, this technology provides different mathematics that can run a powerful LLM with much less memory. According to the article this is a commercialization of something developed at CalTech. It’s a little curious that they are focused on the iPhone. Certainly a larger addressable market, but I would guess this would run even better on a Mac Studio with more RAM. Many businesses are looking at this as a way to use AI while keeping all of their proprietary data and other information on-site.'
on Huawei is the big winner of China's 618 shopping festival - 'Omdia just reported Apple grew share in WW PCs from 9.2% to 11.1% Q2 ’25 to Q2 ’26.'
on Premarket: Apple is red - '“Max pain moves down $2.50 to $302.50…” Ah, options: Always an AAPL downer. But less so year by year. And look at that present valuation: 37.6! As they say in the wine country, not too chablis! Quarter by quarter, Apple will build its EPS, partly by actually growing its earnings, and partly by using excess cash to decrease its float. For those, like yours truly, who are heavily invested in AAPL, and planning on being heavily invested in AAPL for the foreseeable future, both approaches to growing EPS are positive. Yes, there are ways to get richer quicker, but for folks on fixed income, investing in AAPL is both profitable and relatively safe. Which, IMO, is why AAPL is getting these high valuations in the first place. It’s a nail-biting world out there….'
on Wedbush's Daniel Ives has become a merchant bank - 'Weird comparison given baseball is falling further and further out of favor in sports these days.'
