Robert Paul Leitao on Premarket: Apple is red - 'The major indexes are in the green in afternoon trading. Apple continues to move lower. The shares are currently down $2.98 at $301.93. Cisco, which reports earnings after the market’s close today, is up $2.56 or 2.13% at $122.99. Apple supplier Corning is ahead $8.16 or 5.13% at $167.35. Vertiv, a major data center supplier, is up $11.30 or 4.01% at $293.11. On the S&P 500, Super Micro is leading the index with an 18.20% gain followed by Lumentum Holdings which is up 17.86% on strong results. We’ll see how the day finishes out…'
on Premarket: Apple is red - 'In dental office, so quick comment: I LOVE that Apple gets to buy back shares at this price!!!'
on Apple's 'chipflation' dilemma: Margins or market share? - 'But it’s a seller’s market, so Samsung could tell then “pound sand, we’ll sell to others without that clause.” HOWEVER, it wouldn’t surprise me to learn (not that anyone would talk about it) that Apple’s contracts with Samsung and other suppliers already include similar clauses. How Apple contracts with long-term major suppliers (e.g. separate contracts, or umbrella contract with separate delivery agreements, or something else) is something I really can’t guess about.'
on Red Sox vs. Yankees on Apple Vision Pro - '”And with zero carbon footprint for the flights!” Now there’s a thought. If/when Apple Vision Pro is universally available for sports fans, I wonder how that might impact air travel, car rentals, hotel and restaurant bookings. 1%-2%? 3%?'
on Apple's 'chipflation' dilemma: Margins or market share? - '@ Robert Paul Leitao – Nicely stated, Robert. My wife and I also get a new iPhone every year. And I very much agree with what you said about Counterpoint Research. 🙂'
on Apple's 'chipflation' dilemma: Margins or market share? - 'I think the problem is incorrectly framed, and I credit David Emery’s post for helping me stumble onto this. Rising costs don’t affect market share if every producer faces the same rise. But they could affect number of devices sold if people slow their upgrading to save money. That’s a negative effect ,even if the margins are steady.On the plus side, the bigger the innovations, the more people will want to upgrade now now now.'
on Mark Gurman disputes the facts behind Jefferies' Apple downgrade - 'Well, this time it doesn’t appear Gurrrman is moving the market! A semi positive contradiction to Jeffries and the market is still going down.'
on Apple's 'chipflation' dilemma: Margins or market share? - 'Fred and the group, I agree with what everyone has talked about but I do think that there is some demand that is probably perishable. There will be some switchers, especially if Apple makes a mistake on the pricing. But I don’t think it will be enough to make a measurable difference in the long term. And I don’t think that the other companies are immune to this as well. Apple may well start to pick up market share because of pricing at the other companies. For me and most of the long termers, this is another blip on the radar. I wasn’t expecting Apple to go to 340 so some retrenchment doesn’t bother me too much. I did think the share price got ahead of itself. And it doesn’t matter if Edison Lee is right about the share price in the short term. Long term, I think he is wrong as are his premises for the downgrade.'
on Red Sox vs. Yankees on Apple Vision Pro - 'Although I know next to nothing about baseball, I will definitely be ‘there’. And with zero carbon footprint for the flights!'
on Red Sox vs. Yankees on Apple Vision Pro - 'I haven’t used my AVP much lately, but wouldn’t trade it for the world. I plan to talk my daughter-in-law to take my original (for home schooling) and I plan to get the newer one. And watch the game. A couple years back I went to a Yankee-Boston game in NY. Talk about rivalry!'
on Apple's 'chipflation' dilemma: Margins or market share? - 'Tune out the noise. Katy Huberty nailed it long ago. “Demand is not perishable”. Apple customers won’t switch. Trust Apple to sort out prices, margins, and timing of future products. Ignore speculations built on speculation.'
on Apple's 'chipflation' dilemma: Margins or market share? - 'Apple will sell every iPhone 18 they can make just like it’s been for 10 months now with iPhone 17. I see no reason to not price Pro + Pro Max models with regular company margins.'
on Fortune jumps on Monday's Apple downgrade with both feet - 'If history repeats itself then this would appear to be a “huge” buying opportunity. It would be great if it is just a rhyme of the past. I am amazed how many people make assumptions on assumptions to make decisions. The worry contingent always seem to ignore the future benefits of Apple’s sales weeks before the announcements will make things clear.'
on Fortune jumps on Monday's Apple downgrade with both feet - 'I think it’s called ‘vibe’ investing It will ‘Vibe’ you out !!'
