Steven Philips on Apple's contempt in Epic case goes to the Supreme Court - 'What to think? “Apple’s contempt …goes to the Supreme Court.” I can’t blame them, mine does too! 🙂'
on Horace Dediu expects iPhone prices to go up $100 - '”Has anyone else interacted with the Customer Service chatbots yet?” Just did yesterday with AppleCard support. I got super frustrated, had to hang up, call back then demand a live “Specialist”. If that was “AI”, the technology is doomed. Left a blistering survey response.'
on Horace Dediu expects iPhone prices to go up $100 - 'It is true that AOC did not mention Apple by name, but it would be very difficult indeed, to try to make the argument that she would not include Apple in the list of companies that should be broken up. I agree that Fox added the word ‘Apple’ in order to get clicks, a practice that many reporters use (see the New York Times, Washington Post, etc.) to get our attention (and clicks). It is the price Apple pays for being the leader. Sadly, it is a practice that is not going to go away anytime soon.'
on Horace Dediu expects iPhone prices to go up $100 - 'I don’t want to dismiss impact of rising costs on the consumer, but for a iPhone purchaser who holds onto their next phone for say 3 years, that’s what, a dime a day? I’ve already spent over a hundred extra dollar on gas over the last two months. Everything is just more expensive now. Eating out…? Yikes!'
on Horace Dediu expects iPhone prices to go up $100 - '@Joseph I don’t want to rule out greed, but I think it has more to do with the nature of the memory business. Demand can fluctuate rapidly but you don’t just open a new FAB like opening a Costco Warehouse. It takes a huge investment and lots of skilled people and time to build a FAB. The memory makers have been burned in the past by responding to demand that vanished by the time supply increased. This whole mix of AI and CAPEX and RAM pricing is awesomely crazy. You have billionaire Bond-villains investing insane amounts of money because they hope to produce software that will let them run companies with almost no workers. These investments are sucking up enough RAM to distort prices that upend all sorts of other businesses and yet the AI companies (like Anthropic) are losing vast amounts of money on small revenues. Has anyone else interacted with the Customer Service chatbots yet? I find them very annoying. It’s like someone reading back entries in a FAQ page. No real understanding. Worse, they add lots of filler to waste your time (Oh, yes, I understand how that can be frustrating…). It’s a lie because the AI doesn’t understand or feel anything.'
on Premarket: Apple was red, turned green - 'A good day for Apple investors. That paint dried pretty fast today! Also, pretty high volume, over 60 M trades. And once again Max Pain is under water….'
on Horace Dediu expects iPhone prices to go up $100 - 'Tim Cook/Apple increasing prices now gives potential buyers time to get used to that. Should help avoid surprises when a customer walks into a store during the busy Christmas season.'
on Horace Dediu expects iPhone prices to go up $100 - '“Beyond that, I can’t analyze politics.” Horace Dediu “A good man always knows his limitations” Harry Callahan'
on Horace Dediu expects iPhone prices to go up $100 - 'I watched the clip you linked to and, admittedly, she did not make any direct connection between Apple, antitrust, and memory prices. She still argues for breaking up big tech companies that have too much power and instituting some sort of consumer protections. Given that AOC was instrumental in chasing Amazon out of her district with the end result that rather than having a lot of tech workers her district is now a hub for sex workers, I would take any policy pronouncement of hers with a big grain of salt. She’s a poster girl for the law of unintended consequences.'
on Horace Dediu expects iPhone prices to go up $100 - 'But for those with lower end phones and an annual (2 year, 3 year, etc) replacement cycle, releasing some phones while postponing others would not be favorable for them.'
on Horace Dediu expects iPhone prices to go up $100 - 'To your point about cartels: Samsung, SK Hynix, Micron Sued for Alleged Memory Price-Fixing To your other point, I think Apple has better flexibility using its capital to loan money to multiple companies for their foundry construction. Apple gets the interest from those loans, as well as the principle eventually, while able to often claim first dibs on the chips. It can then play those foundries off each other in ways to get better prices as well as have surge capacity it would not have if it built the foundries itself. And it can get access to new technologies instead of having to spend the capex itself. The problem now is the likely collusion of the memory makers and the deep pockets of AI companies. That will pass and Apple will be in a better position then.'
on Premarket: Apple was red, turned green - 'It’s a good day for the market and a very good day for Apple! The shares are currently up $6.26 at $288. All four major indexes are in the green in early afternoon trading. AMD is trading up 7.17% at $578.16 and Vertiv Holdings, a data center supplier, is up 7.12% at $328.84. I’m looking forward to seeing what happens as we move through the afternoon.'
on Horace Dediu expects iPhone prices to go up $100 - 'Question for those with knowledge of memory chip fabbing: To my knowledge, Intel does not make any memory chips. But could they? And could they ramp up any production quickly? If yes, this would be a wonderful win for Apple and also help fund Intel’s recovery. Of course a blow to Intel’s corporate ego, but survival from the cash flow could help them in their ongoing evolution.'
