Joseph Bland on Premarket: Apple was red, turned green - 'BTW, Donna still has the 2 AAPL pre-split shares she won as a prize from Apple back in the mid-1980’s, when she sold computers for an Apple-only dealership….'
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 Premarket: Apple was red, turned green - 'Red at the Open, the bullishly Green thereafter with a slight dip just before the Close. Volume shows interest, while AAPL continues to rise, is declining. I interpret that as the big boys got their fill of super cheap AAPL below $277.50. Currently, AAPL is up over $12 since the big boys stopped buying.'
on Horace Dediu expects iPhone prices to go up $100 - '“It felt like he was shaken. It sounded unprecedented to him, and he wasn’t in his element.” On the contrary, he is indeed in his element, which is why Apple will do much better than other tech companies whose CEO is not as skilled as TC. Also I don’t think he was shaken. I believe he saw it coming a mile away, second only to the management of TSMC. I believe other CEO’s also saw it coming, but did not have the means (as Apple did) to do something about it (longterm contracts). But there was only so much TC could do. No one knew how long Apple could hold off the price increases until the time came. And it came. It may had come a little sooner than TC wanted, but it was no surprise. Footnote: Having said that, I do understand that Horace follows Apple much closer than I do, with much greater insight. Just wanted to add my 2 cents worth.'
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.'
on Horace Dediu expects iPhone prices to go up $100 - 'It’s going to hit the whole industry, Apple is just the highest profile but will weather it the best. No doubt.'
on Bloomberg takes Apple's side on price increases - 'Bart, I don’t think people are surprised at the rest of the industry raising prices but I do think they are surprised that Apple is raising prices, even though TC mapped it out earlier in the year. Apple has been so good the past couple of years at not raising prices, especially on its base models, that even though they were warned, I guess they were hoping that Apple and TC could pull a rabbit out of the hat on this one.'
on Ransomers grabbed Apple files from leaky Tata, posted them on the dark web - 'Leaks and lack of control from this country is just another day in the park. Nothing surprising. Corporate culture overall is weak. Expect more pain to come. To diversify to India was a mistake from Day 1. Any corporate knows that investing in this country is 99% assured of loss position based on my prior experiences of MNCs.'
on Ransomers grabbed Apple files from leaky Tata, posted them on the dark web - 'I suspect they did.'
on Ransomers grabbed Apple files from leaky Tata, posted them on the dark web - 'I’m still surprised that Apple apparently hadn’t done a full security system review before they ever even partnered with Tata.'
on Bloomberg takes Apple's side on price increases - 'You’re welcome Neal. I agree, but why is this (price hikes in response to ever increasing memory costs) surprising to literally anyone thinking about how businesses can cope with rising costs?'
