Joseph Bland on Premarket: Apple is green - 'Hi, John. IMO, Actually, it was 36 M, per Yahoo Finance. And that’s just not enough volume to balance out the impact of that super-low Max Pain. There’s a ton of money on the line, because tomorrow is a “triple witching” Friday. Every dollar they can pull off tomorrow’s closing price is money in the bank for some and the avoidance of doom for others.'
on Why is Apple's Tim Cook eating quail eggs with King Charles III and Donald Trump? - 'Indeed – she probably just fetched Tim Cook away from the table that had the quail eggs…'
on Premarket: Apple is green - 'Gregg, I disagree that Nvidia’s chips aren’t highly tailored for AI. Also, I’m not suggesting Apple build and sell “general use paradigm chips”; I’m suggesting they build their own AI chips and servers, for their own use and the use of their customers. Not the same thing at all.'
on Premarket: Apple is green - 'Gregg: The “disconnect” is a result of bad “bets” against Apple. And because people hate losing, some will do almost anything to avoid paying the piper, including funding the multitudinous FUD articles that pushed Apple down in the first place, kept it down, and continue to strive to keep it down.'
on Why is Apple's Tim Cook eating quail eggs with King Charles III and Donald Trump? - 'It won’t be phone based in the future. Spend a week with Grok or Gemini.'
on Why is Apple's Tim Cook eating quail eggs with King Charles III and Donald Trump? - 'Or a wearable in the future that Google, Grok, Meta or OpenAi make maybe a Jony Ive device. Skate to the puck is going not where it has been. Maybe a phone will be just a phone in the future. You have to agree that Apple incredibly dropped the ball on Siri. It would be trading at $400 if it did not. Parading out Woz is also not a good sign for the company.'
on Oppenheimer: Is the Meta Ray-Ban Display a threat to Apple? - 'No, but it gives the author the ability to frame the article in a negative manner. Negativity sells. People who are predisposed to negativity absorb the headline, not the answer within the article. Then they repeat it truth, because they read it, so it must be true. Himmler was ahead of his time. He’d be a hero in MAGAland today.'
on Premarket: Apple is green - 'What a day today! The S&P 500, the DJIA, the NASDAQ Composite AND the Russell 2000 all reached all-time highs today. This was the first new all-time high for the Russell 2000 since 2021! Roughly 64% of S&P 500 components closed with gains on the day. Apple closed off $1.11 at $237.88.'
on Oppenheimer: Is the Meta Ray-Ban Display a threat to Apple? - 'Any headline that asks a question, the answer is almost always NO!'
on Apple tells suppliers to expect iPhone sales to increase 10% next year — report - 'Has anybody announced, let alone released, an AI enabled feature of the complexity of multi-language, real-time translation? I don’t follow competing firms like I do Apple, so don’t know. But neither have I seen any discussion about others’ AI product, except to claim that Apple is behind. Anybody?'
on Apple tells suppliers to expect iPhone sales to increase 10% next year — report - 'It’s really not a “halo” effect if people are planning on ignoring the rumoured foldable in favour of the next version of the “regular” iPhone.'
on Premarket: Apple is green - 'Dow was up but Apple closed down about half a percent on low volume, about 33M. Microsoft, Tesla, Amazon also down.'
on Apple tells suppliers to expect iPhone sales to increase 10% next year — report - 'easily expected effect of Apple finally releasing their AI. That would require a fully functional Siri to work properly.'
on Why is Apple's Tim Cook eating quail eggs with King Charles III and Donald Trump? - 'Probably someone notable’s daughter so that Cook doesn’t arrive alone. She’s quite fetching.'
on Premarket: Apple is green - 'Have you tried calling Apple support? I’m curious what they would say. Seems like a fairly obvious oversight. In the past if I had an issue escalated to a higher level tech I’ve been helped by some really smart people at Apple.'
on Premarket: Apple is green - 'My Apple news-of-the-day: I put Tahoe on one of my Minis, loaded my classical music into Music.app, and selected “Shuffle by Album”. Instead, the blankety-blank app does ‘Shuffle by Song’, which is completely useless for classical music (or ebooks, or any other genre where the work consists of multiple tracks to be played in order.) This makes Music.app on Tahoe completely useless for me, and is a truly appalling failure of Apple’s quality assurance (much more than “Tahoe won’t load onto an M3 Studio under certain circumstances”, which at least was localized to a specific system configuration.) THIS MAKES ME WANT TO DUMP MY APPLE STOCK, it’s such a significant failure of basic software QA. I was hoping Music.app would fix some longstanding bugs, not create one that makes it unusable for me.'
on Apple tells suppliers to expect iPhone sales to increase 10% next year — report - 'I’m thinking that the anticipated increase in sales isn’t due to any “halo effect” from a foldable as the easily expected effect of Apple finally releasing their AI.'
on Why is Apple's Tim Cook eating quail eggs with King Charles III and Donald Trump? - 'The market is changing away from phones to AI. What is your AI going to run on? My guess it will be an iPhone.'
on Apple's Dan Riccio made the front page of my local paper - 'I find it interesting that many blame Riccio for some of Apple’s supposed failings. He was there for 26 years with the ability to make a $50 million gift to UMASS. Isn’t it more likely that he decided he didn’t want to work until he was too old to enjoy his retirement?'
on Oppenheimer: Is the Meta Ray-Ban Display a threat to Apple? - 'Weird to be replying to my own comment, but I wanted to add a few things. On the day the latest iPhones and other updates to Apple’s products were announced, I commented that I was most excited about the live translation feature of AirPods Pro3 and that I would rush out to buy a pair. However, this feature is also available on AirPods Pro2 (which I have) and iPhone15 Pro and any of the 16 series (I have a 16). So I was quite happy not to have to run out to my local Apple store and buy a new pair, but then I hit another stumbling block: right now it only works for Spanish, French, German, Portuguese and English. And I need Dutch – damn. It’s a good thing for me the Dutch all speak English!'
on Premarket: Apple is green - 'In afternoon trading Apple is off $1.03 at $237.96. Apple supplier Corning is higher by $2.51 at $79.39. IBM is up $4.38 at $263.46. Following yesterday’s 25 basis point cut in the Fed Funds rate financials are performing well in afternoon trading. Apollo Global Management is up 3.18% at $143.23. Citizens Financial Group has gained 2.55% at $53.60 and Northern Trust is higher by 2.06% at $132.13.'
on Why is Apple's Tim Cook eating quail eggs with King Charles III and Donald Trump? - 'Who is the lady TC is “escorting”/talking to?'
on Oppenheimer: Is the Meta Ray-Ban Display a threat to Apple? - 'I dunno. Will this stuff work without a high bandwidth internet connection?'
on Apple tells suppliers to expect iPhone sales to increase 10% next year — report - 'My take: No announcement yet, but the foldable iPhone is starting to get more real. IMO this is a made up bogus story that nobody will hold the author accountable when he’s proven wrong. First data point: people don’t spend $1,000+ just to get “shiny”. They will, however spend $1,000+ to get capabilities not available on their current device, ie., better battery, better camera, new desirable functionality. Second data point: the author was too lazy to actually compute the growth rate, instead guesstimating it at 10%, when in actuality it’s closer to 12%. A small point maybe, but indicative of a statement that wasn’t thought through.'
on Premarket: Apple is green - 'Intel is today’s top performing component on the S&P 500. At about 1:30pm in the east the shares are up $6.09 or 24.44% at $30.99. Over 70% of index components are in the green in afternoon trading.'
on Premarket: Apple is green - 'Max Pain is an aggregate computation of all options written since released, including those written when AAPL was trading for far less than it is today. The “disconnect “ as you describe it, is the result of carrying those legacy contracts into the present.'
on Oppenheimer: Is the Meta Ray-Ban Display a threat to Apple? - 'Gregg, translation requires a linked iPhone and is not processed locally on AirPods. It’s processed locally on the iPhone if translation dictionaries are downloaded to the iPhone and done in the cloud if they’re not downloaded.'
on Premarket: Apple is green - 'With respect Joseph – NO. Nvidia’s chips are general purpose, capable of running more than just AI applications. They just happen to be powerful enough to provide the compute power that AI demands. Apple’s chips are highly optimized to run OSX and its derivatives. Getting into the general use paradigm would put a tremendous load on Apple silicon making it unsuitable for on device compute.'
on Oppenheimer: Is the Meta Ray-Ban Display a threat to Apple? - 'Enforced by Meta’s management through employee sniffers?'
on Oppenheimer: Is the Meta Ray-Ban Display a threat to Apple? - 'I noticed that Chen referred to Large Language Model AI as being the foundation for this feature. He’s wrong. LLM’s require data centers to operate. LLM’s won’t fit on AirPod’s limited memory. This is an obvious use of a highly targeted Small Language Model running on device. Score II for Apple’s Apple Intelligence: 1 for on device, and 2 being the first with a real time translator that works. It could be argued that Apple should score III because the feature is available to older AirPods via a simple software upgrade. And this is just a preview of what’s to come from Apple’s non-existent AI strategy. WWDC just got more exciting.'