Robert Paul Leitao on Premarket: Apple is green - 'Apple ended Thursday trading ahead of March quarter results at $271.35. The shares opened this morning at $278.94, reached a high of $287.21 before ending the day’s trading at $280.14, up $8.79 or 3.24% on the day. This morning’s spike to $287.21 in the 10am hour was below the all-time high of $288.62 which was set on December 3rd. I consider the March quarter results to be strong, the forward guidance offered during the conference call as positive and today’s advance in the share price a vote of confidence from the market that Apple remains a high quality stock with an attractive growth trajectory for at least the next few quarters. Now about that much anticipated AI-infused upgrade to Siri that was promised two years ago at WWDC 2024…'
on Apple record Q2 2026: What the analysts are saying - 'Maybe not a shortage, but a significant cost increase. So buy your devices now and contribute to next quarter’s top line! 🙂'
on Premarket: Apple is green - 'Agree 100% and upvoted. I was trying to say more or less the same things. The big players clearly did their thing EOD yesterday spiking AAPL to 276 (probably sold their quick-buck calls and/or shares) and immediately dragged it down to 271 literally in a matter of minutes. Today they couldn’t bring it down to 270 because of the strength with which other players were buying but they tried hard and did manage 280. Quite likely, next week should be good with Apple back in the arena.'
on Apple record Q2 2026: What the analysts are saying - 'Supply chain seems to be a common excuse. Nobody even knows if Apple will have a memory shortage next quarter, but I think they won’t.'
on Premarket: Apple is green - 'Raj, I literally said that the role of options has been greatly reduced over the 12 years of buybacks. Not sure how you read otherwise. I’m with you on Max Pain, mainly because we attended an Apple Investors Conference years ago and heard Travis Lewis deliver a talk on it. So yes, I see Max Pain as a kind of mirror for trader sentiment (as opposed to investor sentiment). I also see the impact of volume on Max Pain. Today (and maybe EOD yesterday), for example, Max Pain was pulling AAPL towards $270/share. That number was decided well in advance of the dynamite Apple earnings, and this muted the close today (which ended at a hair above $280/share and decidedly lower than the $287.21 mid-day high. Note the volume, while high at 76 M shares, was about 8-10 M shares below yesterday’s volume. Hence, the meaningful magnetic attraction of Max Pain, coupled with the options that “hitch a ride” on Max Pain. For me, while I’d truly like to see Apple be fairly valued, I’m also fine with it being undervalued, for the simple reason that I’m a long term 100% AAPL investor that recognizes the true value of buybacks of undervalued shsres for folks like me.'
on OpenAI pushes back at the Journal's 'prime clickbait' - 'Has anyone seen analysis/data on the carbon impact of AI/expansion of data centers?'
on Apple record Q2 2026: What the analysts are saying - 'Laura Martin definitely wins the “Tommo” this quarter for “best distortion of reality to find a way… some way… to paint APPLE negatively”. Truly extraordinary work this quarter from Ms. Martin! (Supply Chain execution risks………. Apple! Supply chain execution risks!!)I mean, seriously, the outright absurdity of that statement made me laugh out loud!'
on Apple record Q2 2026: What the analysts are saying - 'Upvoted. Apple has optionality. On Asymco’s call, Horace noted the possibility that Apple could take a short term margin hit to keep prices stable, while inflicting serious damage on competitors. The quarterly report also confirmed customer demand everywhere for all products. Apple could also increase prices strategically. Services top line growth and expanding GM mitigate any component issues.'
on OpenAI pushes back at the Journal's 'prime clickbait' - '1. The question is not whether OpenAI is seeing demand. The question is whether they can monetize it in such a way as to make a sustainable profit before they exhaust the patience (or perhaps the balance sheets) of their investors and other funders. 2. That OpenAI cannot meet existing demand because they need even more computing infrastructure than they can currently afford because of their inability to figure out item #1 is hardly a positive feature. It’s an existential bug!'
on OpenAI pushes back at the Journal's 'prime clickbait' - 'Apple’s data centers do not require capital investments. Apple’s data centers: don’t require a central station. Apple’s data centers: automatically scale. Apple’s data centers: are not a financial burden. Apple’s data centers: are profit centers on day one. Apple’s data centers: have no peers/competition. Apple’s data centers: don’t require water cooling. Apple’s data centers: aren’t a burden on the electrical grid. Apple’s data centers: protect users from bad actors. Apple’s data centers: upgrade annually. Apple’s data centers: . . . .'
on Apple record Q2 2026: What the analysts are saying - 'Horace is reviewing the findings live, during our Asymco Office Hours Live Q&A. You all are welcome to watch: asymco.com/live .'
on Apple record Q2 2026: What the analysts are saying - 'Well, when a lot of them don’t seem to understand the difference between revenues and profits, I’d say GMs are a bridge too far for many.'
on Apple's record Q2 2026: What the talking heads are saying - 'Charles, Wamsi is one of the best Apple analysts out there in institutional sector. He has been excited since middle of last year, really getting excited in September…. when he dialled in on this margin growth story which we have been following here at Apple 3.0 for some time. Now he’s staying excited as he sees his thesis holding water with the latest set of results. At $330 price target and coming from Bank of America, it’s a bold call… but when you listen to Wamsi speak, you realise he groks Apple and their business better than most…. Certainly better than Ms Martin who is making a good tilt for Tony’s Title belt as the Wall St analyst who couldn’t read straight.'
on Apple's record Q2 2026: What the talking heads are saying - 'Wamsi has a deep understanding of Apple. He’s long been an Apple bull. However, I have NEVER seen him this animated and excited about Apple/AAPL — EVER!'
on Apple record Q2 2026: What the analysts are saying - 'I am going to propose the idea that fears about gross margins for Apple this year and the future are much like last year’s tariff fears. Which the company handled very well overall. Somehow people who think Apple will be ruined by higher costs for Ram are missing the forest for the trees. Maybe Apple will end up being slightly less profitable due to increasing Ram costs but it will still be very profitable and the competition will have a hard time keeping up. So analysts who claim that is why they think Apple is in difficulty seem to ignoring the base Apple is built on.'
