Steven Philips on BofA raises its Apple target $5 to $325 - '“Unexpected “new buyback authorization.” ?? What is this indicating?'
on BofA raises its Apple target $5 to $325 - 'no, my additional $2 is modest! I would be pretty happy with a 26% gain in 12m under the current topsy-turvy-ness.'
on BofA raises its Apple target $5 to $325 - 'Modest? Sure, but his PT went from 24% above current to nearly 26% above. Expect more upgrades as analysts anticipate good results and guidance, shortly.'
on Premarket: Apple is green - '” We’re getting close to a major pop I believe.” I agree. But I think it’s going to take 3 earnings reports before it happens. Seasonality shows March and June as sequentially down from the December quarter, followed by September and December sequentially up from the June quarter. WS is primed for that. I expect Guidance for FQ2/27 to be the catalyst for a major “pop”, as it will offer visibility into iPhone 17e and MacBook Neo’s legs. Additionally, Apple’s “AI” and Vision Pro strategies and their respective potentials for success will become much more apparent. That’s 4 new revenue streams coming on line in the next 9 months, each capable of moving the needle significantly. I think the probability of an AAPL print of $350 by APR 2027 Guidance is quite high. There’s just too much positive lining up for Apple, and too much negative lining up for Wintel/Android for AAPL sentiment to be otherwise.'
on Premarket: Apple is green - 'We’re getting close to a major pop I believe. I have Apple’s eps in about 2 weeks at $2.02. Guidances should impress and the current Neo and subsequent Foldable should see us print $300 by year’s end.'
on To grow market share, Apple is squeezing PC makers while they're in pain - 'Richard, Yes and ASYMCOPED30 is the code. Here is link with discount applied: https://asymco.com/membership-checkout/?pmpro_level=3&pmpro_discount_code=ASYMCOPED30 Here is PED’s post with what’s included: https://www.ped30.com/2026/02/19/apple-asymco-one-dediu/'
on Premarket: Apple is green - 'Apple was down slightly today while most of the peers were up over 3%. I wonder if this was the case of AAPL being used as a bank. Sell AAPL to buy more speculative stocks that have been beaten down lately.'
on To grow market share, Apple is squeezing PC makers while they're in pain - 'There is some wishful thinking in the Mac tech world about what if Apple announced a Mac Neo. Around a $300 price for a Mac mini mini. Apple seems to be running out of the binned A18Pro chips, so the A19Pro with 12GB of memory in a Mac Neo would be another gateway into the Apple ecosystem.'
on To grow market share, Apple is squeezing PC makers while they're in pain - 'Microsoft announced significant price increases on Surface. Entry model costs $100 more, 15″ now costs $1600. A maxed out version with 64gb RAM and 1tb flash costs $3650. (And they accused Apple of price gouging for memory upgrades.)'
on To grow market share, Apple is squeezing PC makers while they're in pain - 'As an aside, does Asymco still have a PED 3.0 discount? Seeing all the valuable material, I am close to pulling the trigger. (Paying taxes has kind of held me back 😉'
on To grow market share, Apple is squeezing PC makers while they're in pain - 'Microsoft just announced that it’s raising the prices of its Surface lineup by up to $500 because of escalating chip shortages and costs, joining Dell, Lenovo, and HP in similar moves. Which means, just as Apple releases the Neo, MSFT will no longer off a Surface below $1000. I’d say add additional market share on top of Horace’s point, because the others are actually going in the opposite direction on price, after being undermined on chip power and performance. https://ca.finance.yahoo.com/news/microsoft-raises-surface-prices-500-164631480.html'
on To grow market share, Apple is squeezing PC makers while they're in pain - 'If Apple is causing HP, Dell, Microsoft, et al. some “pain” and “suffering,” it is nothing compared to the pain and suffering these PC makers have caused their customers and users over the years. The free market in this case may have taken its sweet time in bringing this about, but it’s never too late for the good guys to triumph. Go Apple!'
on To grow market share, Apple is squeezing PC makers while they're in pain - 'One other point I want to highlight: This isn’t about increasing market share, but installed base. That makes it a long term strategy, which again plays into Apple’s strength. The Neos, like anything Apple sells, have both a high resell price and super longevity. That reduces even further the “cost” of ownership. IOW, Apple has more time than folks think to pull this off. Nothing appeals to folks more than a bonafide bargain. And btw, that includes corporations. But Macs, strangely enough, have always been bargains from that POV. So the Neo may have its greatest impact, not in being inexpensive, but in waking corporations up to the very real bargain Macs have always represented….'
on Amazon buys Globalstar, Apple's partner for satellite services - 'Ridiculous idea that Apple should have bought Globalstar and has somehow missed out. Amazon may well be the best thing the the Globalstar Apple partnership.'
