Joseph Bland on Premarket: Apple is green - 'Hi, Bill, This makes sense to me, because it fits with my expectation that Apple is going to move towards making its own RAM going forward, if for no other reason than to make the point that they CAN go that direction in a heartbeat to those companies presently price gouging them with RAM pricing (you can’t convince me that they are just responding to an increased cost of RAM production – not with those soaring profits!). Some of them are going to cut Apple some slack and ensure they keep them as paying customers….'
on Premarket: Apple is green - 'I’m guessing that with the next earnings report next week the earnings will go up and the P/E down a bit. Upvoting your thought that the next few days will be very interesting.'
on Premarket: Apple is green - 'Someone on Yahoo Finance “complained”, maybe sarcastically, that “AAPL couldn’t even hold $328, how bush league is that?” My response: “Awww, gotta find the littlest of negatives? AAPL held over $327 most of the day after its initial breakout over $320, and that’s all with Apple being in its blackout period before earnings (although technically its brokerage proxies are still quite free to execute preplanned stock repurchases). Volume was a solid above average 58M shares so there was plenty of liquidity working there as well, almost $19 Billion in value changing hands today. And there was no rug pull as Dennis, Cochise, and others used to predict on days like today. With options expiry Friday, and the potential for a gamma melt up, Thursday and Friday should be very interesting.“'
on KeyBanc downgrades Apple, sticks with $250 target - '@Daniel: Perhaps Brandon’s clients (Does he even have any?) are all sending him emails, texts, and leaving voice messages asking the same thing?'
on Premarket: Apple is green - 'Man, Apple hates it when companies leak that Apple is interested in them. Often, it messes up the deal. Apple does not like loose lips. I have already seen the company that can shrink LLM models down to iPhone size bragging about talking with Apple. Now, Apple will have to compete with others. Maybe it is great for the startup, but Apple has a long memory.'
on KeyBanc downgrades Apple, sticks with $250 target - 'How is this analyst’s (Brandon Nispel) call from yesterday looking today? The market seems to think he is a contra indicator. I guess he didn’t see China AI approval coming. Among other things.'
on Premarket: Apple is green - 'There’s apparently a pay-walled report today by The Information that Apple is seeking to buy chip startups in response to “challenges” with the performance of their in-house servers running on the M2 Ultra, and also is pushing back the shipping date of their new AI chip (code-named “Baltra”). https://ca.finance.yahoo.com/news/apple-chasing-ai-chip-company-154241949.html'
on J.P. Morgan calls Chinese Okay of Apple AI a 'signficant positive' - 'And I had meant to note that it was nice to see that Jerry was there. Miss his contributions. (Sort of! 🙂 )'
on Premarket: Apple is green - 'I don’t want to get all technical in my jargon this morning so I’ll just say my accounts sure look a while lot prettier today! I certainly don’t mind buying Apple stock because it’s usually just the right size at purchase and there’s no chance I’ll outgrow them!'
on J.P. Morgan calls Chinese Okay of Apple AI a 'signficant positive' - 'Rumor sites show an interesting shade of red!'
