Richard Gayle on Apple shares break $290 for a new record high - 'Perhaps we could well see some interesting demos from small AI developers who used Mac minis to create their software — that could be run on minis running in-house at say a law firm. We think of AI on the edge as being smartphones but a lot of compnaies (ie law firms, healthcare) simply cannot easily use cloiud AI. Maybe we will see some real reasons for why no one can get a mini or studio.'
on Apple shares break $290 for a new record high - 'My little squirt of $291.85 also got hit, just 1c shy of ATH! That order has been live since earnings, but every day I adjust it so that it is a particular value in AUD to cover a capital gains tax bill coming up. So lucky I wasn’t greedy for 1 more dollar and stuck to my rule of not a dollar more or a dollar less of what I am after when selling.'
on Premarket: Apple was red, turned green - 'After setting a new all-time high of $292.13 in morning trading Apple ended the day at $287.44, off $0.07 on the day. All four major indexes also finished lower today. 65% of S&P 500 components closed in the red. On to Friday!'
on Apple shares break $290 for a new record high - 'I just got home & discovered my limit sell of 290 I created yesterday night (when I discovered it hit 288) sold. Just a squirt qty but heck yay yeah!! My last squirt sell was at 282. Keep on truckin’!'
on Premarket: Apple was red, turned green - 'Call me cynical, Bart, but IMO the same basic truth behind Dumb Siri will hold true behind Smart Siri: It’s “intelligence” will largely depend on learning as much as possible about the user. And just as Dumb Siri suffered in comparison to digital assistants that had unfettered access to its user’s personal information, it will be even more so between an AI-enhanced Siri that respects personal privacy and an AI-enhanced competitive digital assistant that doesn’t respect personal privacy. Therefore, I am under no illusion that Smart Siri will be deemed the smartest of the bunch – unless Apple allows users to voluntarily give up their right to personal privacy protection. If she continues to protect personal privacy, the best she can hope for is to be deemed adeqiuate. That of course for me will be a solid “No, Thanks!” to the Smart Siri offer.'
on Report: Trump will bring Apple's Tim Cook to China next week - 'Taiwan was the first thing that came to mind.'
on Report: Trump will bring Apple's Tim Cook to China next week - 'This is a great opportunity to tighten business relations, look for new synergies, discuss supply chains and keep the two biggest economies rowing in the same direction. Also, as mentioned, keeping Taiwan and TSMC as safe as possible is of great value to Apple and , more importantly, the rest of the world.'
on Report: Trump will bring Apple's Tim Cook to China next week - 'If Cook wants to go, fine, but fly separately on his own Apple Jet due to scheduling and availability, allowing Cook to move about freely and on his own schedule, perhaps to visit Apple Stores, Suppliers, and factories. Give Trump a little visibility, but make it more Apple business oriented. After all, Cook is conducting and managing a real business, Trump isn’t.'
on Report: Trump will bring Apple's Tim Cook to China next week - 'As long as Trump doesn’t expect them to act as his spokesmen. (any women?) Trump might just turn on them if he thinks they’re not backing his agenda. Whatever it is.'
on Evercore: How hyperscaler demand is disrupting Apple's precurement advantage - 'Well take this next comment as just one crazy (?) story to consider re TSMC. A Taiwanese friend says that it’s been long understood – in Taiwan at least – that TSMC will not off-shore their most advanced fabs. They supposedly do this to ensure that the US and other Asian allies like Japan and South Korea will come to their aid in the event of a Chinese invasion. With the collective West dependent on TSMC’s 3nm fabs for their most advanced chips, this would make perfect sense to me as a strategy. Ergo, and if true, then a 4nm fab in Arizona likely won’t get re-tooled as a 3. But putting in a 4nm fab in the US would likely placate any demands from Trump, at least for the time being, or pay hefty tariffs!'
on Evercore: How hyperscaler demand is disrupting Apple's precurement advantage - 'That IS a really interesting thought, Richard. One thing that quickly comes to mind why I think this might be possible is that Apple last year pledged 600 billion toward the US (mfg, jobs, etc). Of that amount the only confirmed commitments/investments we’ve heard of are those in Corning, data centers, server factory in Texas, and a few more but all relatively small in dollar amounts. Even if all those add up to 100 billion, 500 billion is a monstrous amount to spend in three years (considering Apple keeps up its end of the deal with Trump). So a huge investment toward TSMC’s Arizona plant seems logical and also sensible knowing the potential risk of a Taiwan takeover.'
on Apple shares break $290 for a new record high - 'Well, we know you can’t please the ANALyst community. Apple could deliver a cure for the common cold, and they’d complain about Apple’s negative impact on heath care economics. But Apple’s credibility is on the line this time, I think. And that’s something that’s hard to quantify, but has so far been of GREAT value to Apple. One reason for Apple’s near death before the Second Coming of Steve was they lost credibility with the user community they could actually deliver. Steve focused Apple on his ‘4 products’ and then made sure those 4 actually delivered. The best comparison that comes to my mind is Microsoft after the release of the iPhone. Ballmer & Co had no real response. If you look at Android today, it has the market position for cell phones that Microsoft has for PCs, as the primary software vendor for all the OEM phone makers. If AI turns out to be anywhere near as influential/all-encompassing as predicted, perceived weakness in AI might be sufficient to cause otherwise devoted Apple customers to look elsewhere, if they don’t think Apple can deliver the goods…'
on Apple shares break $290 for a new record high - '“There’s a lot riding on this upcoming WWDC. Apple can’t afford to disappoint.” I take the viewpoint that Apple will always disappoint someone who thinks that this is an existential point in Apple’s current trajectory. Is it important that Apple gives us optimism they are on a good path. Yes it is but given Apple’s approach to this technology it is also likely someone will say they have blown it and others will say they have played the groundwork for total domination. We are long past the time where Apple had to bet the company to introduce a product which could make or break the company. The rhetoric however has not changed as much as the company. I could joke that if anybody can afford to disappoint it is Apple. At least they have the money. Too many people seem to think they can set up a situation where Apple has to do what the writer wants or it will be a disaster for the company. My take is that Apple is setting up a situation where they are going to allow AI features to be flexible as to which AI model get’s to use them. So if you think Gemini AI isn’t your favorite you will be able to use someone else’s. Either way you will stay in the Apple ecosystem and internationally Apple will be able to deal with local restrictions more easily. Something that really does cause the company Agita given how many places have their own rules and regulations.'
on Apple shares break $290 for a new record high - 'Sensible observation, David! And if I mix that with the sparkling exchange Dan Scropos had with Robert Stack in the “Siri settlement” thread, I see a historic moment setting up for WWDC. Wrong or late, trillions or passion, insightful iteration or forced disruption, or one more thing?'
on Report: Trump will bring Apple's Tim Cook to China next week - 'Anything that reduces the risk of China going after Taiwan'
on Counterpoint: Apple's iPhone 17 sweeps the March quarter - 'Unless there is a better use for the same amount of resources. I don’t know what Apple is going to spring on us over the next 13 months, but I’m confident it won’t be a foldable.'
