Romeo Esparrago on Saturday Apple video: 'My model of business is the Beatles' - '“ She loves you, yeah, yeah, yeah “'
on Apple at $293.26: Second record close in as many days - '”That’s one non-statistical Monte Carlo projection.’” And the dip is real. The low point occurs generally the week before to a week after July 4th weekend. It starts an hour into the beginning of WWDC’s CEO introduction. On average, from that low point until January, AAPL moves upward about 26%. It’s my favorite interim buy point.'
on Apple at $293.26: Second record close in as many days - 'Another way to look at it: Forget everything but the last year, over which AAPL has gone up 50% from about $200/share, closing on $300/share a year later. It is showing every sign of going up another 50% over the following year, Lord willin’ and the creek don’t rise. That’s $450 /share a year from now, and thus an easy double over two years. Some folks here own millions of $ worth of AAPL (we wish but the Fates decreed otherwise), and doubling that is phenomenal wealth acquisition, created just by sticking AAPL in a sock drawer and forgetting about it….'
on Wedbush raises its Apple target $50 to Street-high $400 - 'I still don’t understand what the commercial value of “consumer AI” is and what the *actual* business case, including for Apple, given that almost nobody is willing to pay to use it. I see Apple’s AI strategy as smart – and the best – because it’s simply allowed them to not burn hundreds of billions of real cash on a financial red herring. Are they going to be getting a percentage of the AI-mediated ad stream that the AI owners are scooping up from Apple users? Charging AI owners massive fees to access Apple users/customers? I guess I still see AI – and especially LLMs – as something I have neither need nor use for, and it’s certainly not something I’d pay extra to buy or for a subscription.'
on Apple at $293.26: Second record close in as many days - 'Dan Ives has now raised his target to $400. So now my $380 is playing second fiddle (and I thought my $380 was filled with hopium). Mr Ives has not immediately responded to my request to see his numbers.'
on Apple at $293.26: Second record close in as many days - 'Big buildup to WWDC, followed by a slight dip, then a steady climb. That’s one non-statistical Monte Carlo projection.'
on Apple at $293.26: Second record close in as many days - 'It was encouraging to see that the price pretty much held all through the day. We didn’t see it collapse in the last ten minutes. Even after hours it is up slightly.'
on Let's kiss Meta goodbye - 'Where does he come from? If not America he should be deported! (In school I get low marks in deportment – obviously!)'
on Let's kiss Meta goodbye - 'My comment to a friend who was in charge of Army military vehicles: “If the Wankpanzer was made by the Russians….” 🙂'
on Let's kiss Meta goodbye - 'And further to the preceding, The Verge has posted this today: “Tesla is recalling its cheaper Cybertruck because the wheels might fall off.” https://www.theverge.com/transportation/926741/tesla-cybertruck-cheaper-recall'
