Robert Paul Leitao on Premarket: Apple was green, turned red - 'The DJIA set yet another all-time high today. This time the record of 54,744.33 was set early in the session. The index trailed off into the close to set a new all-time closing high of 54,349.12. Disney contributed to the index’s gain as the shares rose 3.65% to $101.76. Apple closed up $1.62 to $311. Although the current all-time high of $344.57 was set on July 29th and the shares closed $33.57 below that level, over the past month Apple is up 0.77%.'
on BofA: Apple is stocking up on chips, buying up its shares - 'Robert – “I am a little surprised” …indeed. Perhaps they didn’t anticipate it being as protracted or as deep. But it will serve as a cautionary tale going forward.'
on BofA: Apple is stocking up on chips, buying up its shares - 'I don’t think that Apple – or anyone – thought that buying a chip foundry made fiscal sense. Till now!'
on OpenAI gets 'oddly personal' with Apple legal - 'I changed companies a couple of times. Each time both companies bent over backwards to be careful that we played by the rules.'
on BofA: Apple is stocking up on chips, buying up its shares - 'I am not sure if Apple’s announced annual buyback authorization amounts are being fully exercised by the time they announce the new amounts each year. If they have a smaller buyback like the 11 billion in the previous quarter the 25 Billion in the last quarter doesn’t make them on pace for the announced annual amount which would average around 25 billion per quarter. This happens with buybacks as opposed to dividends. They are not a promise but more of an aspiration. Still a lot of shareholder return but they can adjust as they like.'
on OpenAI gets 'oddly personal' with Apple legal - 'The theft of trade secrets is well documented. The only question is, did OpenAI accept those secrets and or use them?'
on BofA: Apple is stocking up on chips, buying up its shares - 'Apple’s buy backs last quarter, near an all time high, shows confidence that Apple will do very well under Ternus. The authorized buy back allocation, now well above prior all time highs, also shows confidence. Oddly buybacks were very low in FYQ2 ’26.'
on Seeking Alpha recommends selling Apple puts - 'I find that one of the main benefits of subscribing to Seeking Alpha is the wide range of reader comments/opinions at the end of each article. And there are tons of long-term AAPL holders out there. The strong rebuttals on “negative” Apple articles on SA by these multi-decade AAPL investors — much like so many of us here on PED’s blog — more than compensate for the pricey sub fee, IMO.'
on OpenAI gets 'oddly personal' with Apple legal - 'DEFENDANTS’ MOTION TO DISMISS ALL CLAIMS TO THE HONORABLE UNITED STATES DISTRICT COURT: Defendants hereby move to dismiss all Apple’s claims against them on grounds that their claims are careless, they are aggressive, and they are oddly personal. The lawsuit is very mean. And it has hurt our feelings.'
on OpenAI gets 'oddly personal' with Apple legal - 'OpenAI has registered for an IPO. Altman hopes it will be bigger than SpaceX, with well over $1 trillion valuation. This lawsuit, which happened about a month after OpenAI registered for the public offering, puts a real crimp in that hope. I guess we will see how hardcore Ternus is here. Altman could be quite desperate to settle. If Apple is smart, it will take cash on the barrelhead up front. A lot of it. I don’t trust Altman for anything else.'
on OpenAI gets 'oddly personal' with Apple legal - 'Open AI is going to regret this theft of trade secrets. As will the employees who were involved.'
on Seeking Alpha recommends selling Apple puts - 'At the money for only few months out is flying way too close to the sun for my liking. The day after ER I sold the 12/2028 200’s and bought more shares with the premium. Worst case I have to buy shares at $200 a piece 2.5 years from now…sign me up!'
on Seeking Alpha recommends selling Apple puts - 'As someone who conservatively held AAPL since 2006, I am being tempted by your words David!'
on China Renaissance cuts Apple target $49 to $280 - 'It’s as even he did not listen to the conference call or chose to believe that what management said was false. “Fundamental headwinds” while demand is accelerating and beyond ability to supply. Exchange rate headwinds, in contrast, are perceived as a loss of growth in Services.'
