John Konopka on Premarket: Apple is red - 'Apple popped at the end but closed down 0.56%. Is there an expected resistance level these days? $125? $120? Thank goodness we are not like SpaceX. Down 6.7% today, well underwater since the IPO. Will Apple climb next week going into the earnings report?'
on 1.5TB Mac Studio rumor is the most exciting thing Errol Brandt heard this week - 'Hi Charles, I’m using free run of the mill Gemini in Chrome on my iPhone 17 Pro at the moment. That’s because I keep my Apple 3.0 window open in Safari and it’s just a touch easier to copy and paste across rather than having to switch Safari windows. I have done Safari Gemini AI searches and they don’t look any different to me.'
on Premarket: Apple is red - 'EUrocrats have no accountability for the consequences of their dictates.'
on Mark Gurman: To soften the blow of price hikes, Apple will offer new leasing program - 'For professionals and enterprises a monthly tax deductible expense works.'
on 1.5TB Mac Studio rumor is the most exciting thing Errol Brandt heard this week - 'Thank you ever so much, Bart, for your truly magnificent work!!! It’s actually shocking the extent to which Gemini is able to respond so fully and elaborately to each of your successive questions!!! Is this the freely-available version of Gemini that is in use when one types directly into the Safari URL bar, or are you using a paid subscriber’s version, and if so, at what level?'
on Premarket: Apple is red - 'The EU is out of their mind. Read Gruber’s latest post about the regulations being put upon them with regards to AI access and being a gatekeeper. Insanity.'
on Premarket: Apple is red - 'At 1pm in the east Apple is off $3.70 or 1.13% at $324.04. The major indexes are currently mixed. Broadcom, which I am following in part due to the recent $30 billion+ chip supply agreement with Apple and its long-standing relationship with the company, is higher by $10.19 at $396.69. The shares remain well below the all-time high of $495 set early last month. Microsoft continues to decline. The shares are down $8.88 or 2.23% at $388.87 despite the reiteration of a $646 price target at Bernstein and $575 at Truist.'
on Mark Gurman: To soften the blow of price hikes, Apple will offer new leasing program - 'I am in favor of Apple offering these kind of programs for their products so consumers have the option of buying the new technology they want without having to pay for it all at once. While I predicted that the price increases would be more palatable to consumers with this kind of program I think Apple has been moving in this direction regardless of the current Ram shortage and price hikes. It just seems like a logical way for Apple to treat its customers who are buying the other products besides IPhones they sell. The IPhone has benefited from all the different payment and trade in options available so why not the other products as well. Now will Apple’s s deal actually be worth while remains to be seen. I assume Apple will make a profit on the financing of some kind so they should get a decent rate of return this service.'
on Mark Gurman: To soften the blow of price hikes, Apple will offer new leasing program - 'I believe the current iPhone upgrade program requires no down payment and allows for a new phone each year.'
on Mark Gurman: To soften the blow of price hikes, Apple will offer new leasing program - 'As a consumer I prefer to buy so I can pass my old units to family (iPhone, laptop, Watch etc). The old Upgrade Program and the new Leasing Program both have down payments, monthly payments, and return iPhone at the end. Besides the no AppleCare, I’m not seeing much difference. Perhaps there is a tax advantage?'
on Premarket: Apple is red - 'Gurman today on Samsung’s new Foldable phones…Based on using the Z Fold 8 (wide), I’d reset my expectations of how well the foldable iPhone is going to sell, even at over $2000. It’s going to be a home run. And Samsung will do well too, getting a ton of switchers from within the Android ecosystem. Here’s to a home run for all of us Apple longs and for the shares I bought in LiquidMetal. LOL'
on Mark Gurman: To soften the blow of price hikes, Apple will offer new leasing program - 'I completely agree. I don’t like and I don’t agree with his opinions. Am I the only one that thinks his takes are always off?'
on Mark Gurman: To soften the blow of price hikes, Apple will offer new leasing program - 'This could be quite beneficial for Apple. Based on the description, there are two new elements. 1. No Apple Care (which most of these buyers were probably not getting anyway) 2. A residual value. The residual value piece is smart. It provides more impetus to get used equipment back to Apple, and kind of sets a floor on what third parties will give for a trade-in. Apple can either recycle the components or move the salable end-items through third party resellers. It also lowers the price of the device up front to the initial buyer. Much like a car lease. Competitors would be hard pressed to match the program because most of their stuff is worthless after 24 -36 months. Should help offset the memory related price increases.'
on Mark Gurman: To soften the blow of price hikes, Apple will offer new leasing program - 'It doesn’t feel like this was intended to “soften the blow of price hikes”. From what I recall seeing I think this has been in the works for a while. Longer than the recent surge in memory prices.'
on Mark Gurman: To soften the blow of price hikes, Apple will offer new leasing program - 'More Joz than either Cook or Ternus.'
on Apple is No. 1 in shareholder wealth creation over the last 100 years - 'Oh Tommo! Poor lad. A bit like the ‘other’ equally ‘poor’ Brit who chucked his PC, which ended up in the Newport Municipal dump, only to remember it had the codes for his Bitcoin, a year or two ago worth $3bn.'
on 1.5TB Mac Studio rumor is the most exciting thing Errol Brandt heard this week - 'Bart, I meant no offense. That said, YOUR summation and response was worth far more than AI’s sterile recitation to me!'
on Apple is No. 1 in shareholder wealth creation over the last 100 years - 'David T. — In your statement, you cite 5 stock splits since Apple’s IPO in Dec of 1980. From the example 8K shares purchased in 2001 though, there have only been three stock splits. This probably explains the calculation discrepancy. You probably asked your AI how many splits since Apple’s IPO then applied an incorrect multiplier. This only illustrates the larger widespread point of who to believe anymore — 😉 The truth is out there, but will we soon even be able to recognize it.'
on Premarket: Apple is red - 'Since this is the only thread today, I’m posting here. I know this was rumored before and Musk denied. Seems like it’s making the rounds again. The only advantage I can come up with is satellite-based internet and voice. I just don’t know if it’s practical / reliable in the form factor being shown. Sorry for the long URL, I’m not trying to drive traffic to their website! https://trading.stockstotrade.com/mml/step/mml-vsl/?utm_source=44&utm_medium=affiliates&utm_campaign=7IgQ6b&utm_content=MPXI608&utm_term=&ef_tid=8123900c1aa143378695432bdc757b93&ef_oid=76&ef_aid=44'
on 1.5TB Mac Studio rumor is the most exciting thing Errol Brandt heard this week - 'Thank you Bart. It took me over an hour to read all of this, but it was worth it.'
