Joseph Bland on Apple at $347.07: A new record close - 'Hi, Chris. Well, it would have if all the dates were consecutive. Lots of jumping around there…. Which is itself a very good point! A shorter option bet is riskier. Buy and hold is the epitome of a conservative investment bet….'
on Apple at $347.07: A new record close - 'I call it the Howard Cosell approach to reporting. Often on Monday Night Football, Howard would set up an extreme narrative — like the Eagles are going to crush the Cowboys. Then if it turned out that way or even if it was a close Eagles win, he’d take the credit for predicting it. And if the Cowboys did win, he could go on about what an amazing event it was, that it could not have been predicted. These sorts of narratives make it easy for even good, but lazy, reporters to fill their required media obligations. The financial arena is filled to the brim with poor, and lazy, reporters.'
on Apple at $347.07: A new record close - 'You don’t need to be a chart reader to see the Apple stock trend. This table has 30 AT closing highs in the last 54 trading days.'
on Apple at $347.07: A new record close - 'Yet the doom continues. Duo is to expensive. They can’t make enough to meet supply. 18 Pro sales are disappointing. There’s nothing compelling in the 18 worth buying. Apple continues to be sued for patent infringement. Regulatory risks, in EU, US and other jurisdictions, continues to grow. Ternus is too inexperienced to manage Apple. Yadda, yadda, yadda.'
on Premarket: Apple is green - 'I saw this yesterday after the closing bell and I’m still scratching my head over this seemingly illogical concept. From Investor’s Business Daily: “ Apple Shares Nearing Breakout Apple stock sports a decent Accumulation/Distribution Rating of B+. That indicates institutional investors have been buying more of the stock over the past 13 weeks. Shares of Apple headed toward a sixth straight week of gains after basing for eight weeks to form the current cup pattern. The stock hit a high of 344.57 on July 29, which serves as the buy point. Days after that, the Big Cap 20 stock dropped over 7%, with investors disappointed by Apple’s revenue forecast and concerned about potential component constraints. But since then, shares have rallied back with gusto and decent volume. The stock eventually retook support at its 50-day moving average and is also back above its 21-day line.” Again, if these folks are so smart, why not buy the stock back in April at ~$250? AAPL shares have been headed toward a fifth straight month of gains since then. OK, the publication is looking at some technical data, but what’s to say after AAPL hits a new record and, spontaneously, one of the bottom-feeder ANALysts (you know who you are) decides to throw out another silly downgrade and a price target of $123.50. You’ll be looking at another 7% decline. All you need to do is look at a five-year chart of AAPL and see the trend line has been upward. Or, maybe check in with CNBC and follow their tarot card predictions.'
on Premarket: Apple is green - 'And more perils of AI infused home appliances, this time in S. Korea home market ‘I can’t believe it’s already broken’: Samsung customers are complaining to the company over spoiled food after an update bricked AI smart fridges Samsung customers flooded an online community with dozens of comments this week about issues they’ve experienced with certain models of their not-so-smart AI-powered smart refrigerators. “On Tuesday and Wednesday, Samsung Electronics’ online community forums were filled with dozens of posts from “Samsung Members” claiming their refrigerators became inoperative following a firmware update from the company’s smart home platform “SmartThings.” The customers reported that following the update, refrigerators went offline, with internal lights not turning on, and cooling and freezing mechanisms not working. ” ““Samsung told me to update, so I did, but it broke down,” one user wrote in a post translated from Korean to English. “The meat and everything else is about to spoil. Where can I get compensation for this, and when is the refrigerator going to be fixed? I bought this this spring, and I can’t believe it’s already broken.” The glitch is the latest example of consumers’ complicated relationship with smart home technology, which has correlated with growing anxiety over AI products more broadly, even as AI adoption continues to increase. A December 2025 survey of 5,000 U.S. homeowners by smart home security firm Vivant found that despite 85% of respondents own at least one smart home device. Still, unease about the category is apparent this year: Samsung’s decision to display ads on its smart fridges’ screens drew customer backlash earlier in 2026” Excerpt From “‘I can’t believe it’s already broken’: Samsung customers are complaining to the company over spoiled food after an update bricked AI smart fridges” Sasha Rogelberg FORTUNE https://apple.news/ALWHa9vwqRuaHd6K9rpqmwQ This material may be protected by copyright.'
on Meet the market for Apple Intelligence - 'As long as you make a profit in one of those three years, you should OK. People can be bad business people, but not for long. That attitude bothers the heck out of me as the wealthy have access to legal shields, ostensibly open to everyone, but in reality only make sense to very high earners, cutting their tax obligations more than the average Joe makes annually.'
on Meet the market for Apple Intelligence - 'I assume a significant percentage will be by people writing off their hobby, for 3 years anyway. After that, the IRS may label your ‘business’ as a hobby, disallowing any write-off.'
on Trump, Xi, Huang, Cook - 'I find it interesting that no one ever mentions that Tim Cook speaks Mandarin.'
on Meet the market for Apple Intelligence - 'So as a sole trader, if I generate $60,000 per annum… Let’s assume $10,000 is burnt running the business. $50,000 profit which is what I take home before tax. Assume I’m single, renting, need to eat, cloth myself and wonder what happens if I get sick (If I live in the US). What’s left? Virtually nothing. WOrse if I have dependants. It is not enough revenue to justify buying hew hardware (phones, laptops, software), let alone AI capable Macs to run agentic applications. The premise of the article is that this cohort is some untapped market that will spur sales of agentic capable devices. I don’t buy it.'
on Premarket: Apple is green - 'Yes, it’s a new closing ATH today. If my memory serves me correctly, I believe AAPL was also achieving (or at least flirting!) with ATHs the last time PED went off to explore the world. Maybe we should all encourage him to travel more often! 😉'
on Premarket: Apple is green - 'John: I believe today’s closing price eclipses the previous all-time closing high of $339.79 set on July 29th and, of course, Tuesday’s closing price of $339.75 thus setting a new all-time closing high today. Congratulations to the longs!!!'
on Premarket: Apple is green - 'Looks like Apple closed at $341.07, is that a new closing high? Low volume of less than 30M. This in spite of Max Pain.'
on Meet the market for Apple Intelligence - 'I’m betting the current market for solo operators among LLM peddlers is small. Mainly because the cost, utility and ROI to a user at that level is crystal clear, and they’re able to spin on a dime in changing what and how they do things without having to work through an often-resistant corporate bureaucracy. They also have multiple options for LLMs to use, which means they will pay as little as possible, always. I think the market for enterprise AI is eventually going to be ripe for Apple (not that it isn’t already, but most companies of any size move slowly, especially with IT and not really tracking associated costs very well – and we’re already seeing that with AI and its associated costs and lack of quantifiable ROI). And that’s because if Apple delivers on AI as it looks like it’s going to, then as with the days of enterprise being absolutely dominated by the blackberry and internal IT types refusing to permit or support Apple machines or smart phones, eventually they’ll be forced to follow their employees’ very strong preferences and let Apple in the door. And then, even ignoring the lack of reliability of today’s LLMs for quality output, its unclear ROI, and the total lack of security, organizational leaders will discover that the costs of AI-associated internal IT and external AI tokens far exceeds costs of Apple Intelligence, and that the Apple users are significantly more efficient in the work-place than the non-Apple users. AI’s trajectory is hardly an original story, and Apple’s path with it, internally and quite possibly in its business and dominance, is similarly not original. Assuming Apple delivers on AI with the same quality standards as everything else it’s put out, in 3 years it’s going to be a global power in AI. And the majority of today’s US LLM peddlers will have been displaced.'
