David Emery on Wedbush's Street-high $350 Apple target is nearly $100 above the share price - 'But the original post said is totally dependent on Trump’s defeat That’s different from (a) continuing chaos or (b) an implication that things will automagically change in Jan 2029. It could well be the next 3 years will continue to enlarge the huge hole we’re in already. Or it could be that the worst of the damage has been done, and the likely Congressional change-over* will prevent much further damage. If the latter, would the system start to heal itself? Other wild cards, like Putin, Xi, “Supreme Leader Jr,” and Bibi can still substantially screw things up. AND how is the departure of Trump directly coupled to AAPL stock price? That’s really the part I don’t get. * But frankly, the Democrats still have Lots of Ways to screw up the mid-terms, and I have low confidence they’ll avoid serious mistakes/misreading of the electorate.'
on Wedbush's Street-high $350 Apple target is nearly $100 above the share price - 'Yes, it really is astounding. Who knew that when you blow up a gas plant, it takes more than a week or two to bring it back on-line?? Oh. Everyone, that’s who. Except, apparently all of the people ordering the blowing up and most of the people talking about where markets and stocks are going. More and more academic economists are predicting a recession in the USA that will officially begin this Fall (because of the definition of recession requiring two consecutive quarters economic retraction – meaning the pain and path have already started).'
on Mark Gurman: Apple granted iPhone designers anti-poaching stock options - 'These stock incentives are normal for the industry and the geography. For perspective, Refin says; “The median sale price of a home in Cupertino was $3.2M last month, up 33.4% since last year.”'
on Wedbush's Street-high $350 Apple target is nearly $100 above the share price - 'The head of Europe’s central bank just said financial markets don’t understand what they’re in for. This is Christine Lagarde saying the damage is already done. Most people have absolutely no idea. Here is what she actually said. Iran closed the Strait of Hormuz. That chokepoint carries 20% of the world’s oil and gas. Markets shrugged. Investors assumed it would blow over. Lagarde told The Economist that technical experts are not talking about months for recovery. They are talking about years. Helium travels through the Strait of Hormuz. Helium is not a balloon gas. It is the invisible ingredient inside every advanced microchip on earth. Qatar supplies 35% of the world’s commercial helium. Qatar’s facilities have gone dark. Spot prices have surged past $450 per thousand cubic feet. Most chip fabricators carry less than three months of inventory. The world is building AI data centers at record speed. The raw material that makes the chips possible is now scarce. —————————————- This is very concerning. Much of this is replaceable. We get helium from natural gas which we produce in the US. Sulphur is the main component of sulphuric acid and sulphur is very abundant. Urea is produced from natural gas which the US has a lot of. However, it takes a long time to build the plants that can produce these and other commodities. It looks like we are in for a rough ride.'
on Premarket: Apple is green - 'Listening to CNBC moan today about the miserable 7 action the one really useful thing to me is most of the price action is in sync with the Iran situation over the last month or so with additional company specific issues modifying the action. Apple’s good news during this time has limited its stock price fall compared to the other Mag 7 negative news or opinions exacerbating the other companies stock pullbacks. And I have always wondered why people would think these large market cap companies would trade in the same direction when the businesses had many different aspects.'
on Mark Gurman: Apple granted iPhone designers anti-poaching stock options - 'Another benefit of buybacks for long term investors that you don’t get with dividends….'
on Is this why Apple jumped Thursday morning? - '“… despite the “The end is nigh!” noise from the talking heads over the last two years that’s been hitting the stock every few months…” Ehhhh, this has been an AAPL phenomenon for 30 years! Who can forget Cramer’s manipulation and the always popular “Law of Large Numbers” threat. But Apple always prevails.'
on Premarket: Apple is green - 'In the first minutes of Friday trading Apple is up $0.25 at $253.14 while the indexes have opened in the red. Let’s see if Apple can buck the market trend and finish trading in the green.'
on Marques Brownlee: Apple's new laptops are putting Microsoft on notice - 'There was an interesting language choice at Apple back in the Jobs days where they stopped using the word customer and started using the word user. I think there’s a through line between that word choice and this product/price offering.'
on Wedbush's Street-high $350 Apple target is nearly $100 above the share price - 'No analysts seem willing to note that any upward projection of AAPL’s price (let alone 350!) is totally dependent on Trump’s defeat'
on Is this why Apple jumped Thursday morning? - 'This site’s value is waaay more than AAPL’s current share price. I seriously doubt there would be many if any defectors if Philip were to set a much more realistic level based on the considerable value add provided by the daily discussions on his site.'
on How a friend of the bros sees Zuck's judicial comeuppance - '”He makes it sound like the NM AG did this for purely political reasons, to make himself look good. ” Does it matter why he did it? It needed to be done, and it was.'
on How a friend of the bros sees Zuck's judicial comeuppance - 'Thank you Bill as I was thinking exactly the same thing. He makes it sound like the NM AG did this for purely political reasons, to make himself look good. I’m glad there are still a few public servants – at least at the state level – who have the guts to stand up to some of the worst of these scoundrels.'
on Is this why Apple jumped Thursday morning? - 'My take: If the gain holds for a week, this could be money in my pocket. I am still trying to decide if that was a wise move, putting the price of PED subscription based on April 1st aapl stock price. First I thought it was too much, but not now. Definitely a gutsy move.'
