Robert Paul Leitao on Premarket: Apple is red - 'Let’s just call this kind of a challenging day on the Street. On the S&P 500 just over half or about 53% of components were lower on the day. Super Micro had an ousting day. Its shares rose 15.66% to $35.46. Even our friends at Corning had yet another up day. The shares rose 7.65% to $209.83. My view is after following the company for awhile if Corning had made the Looking Glass for Alice, she might have seen and experienced even more fascinating things! GLW, the ticker symbol for Corning, represents the former name of the Company which was Corning Glass Works and they do amazing things with the material! Year-to-date the shares are up about 140%.The shares have sold off overnight and are down 3.92% at $201.60. Speaking of lower, SpaceX has moved back closer to earth, dropping 16.43% today to $154.60. The “all-time high” for the stock (there’s only been six days of trading!) was set last Tuesday at $225.64. Apple dropped $1 today to close at $297.01.'
on Here's what John Ternus needs to do about Apple ID, says Mark Gurman - 'You say Ives needs a ‘Steve Jobs’ to guide? Well in this case that Steve Jobs was Ferrari. Ferrari, a sophisticated brand, was the client who commissioned Love From as their consultant. Ferrari was involved from inception to completion and along the way Ferrari’s ethos, without doubt, would have been conveyed to Love From. There is no way that Love From designed this in isolation and without Ferrari’s blessing. Ferrari would have commissioned them on a well considered and comprehensive design brief, backed up with market analysis. It’s their brand and their intention – it was Ferrari that designed the chassis and powertrain, and that contributed considerably to the form factor. Industrial design is way more than coming up with a form factor. I fail to see where the arrogance is on Ives’ behalf. I also fail to see how this incredibly niche product can cause so much castigation? Had this been the Apple car…'
on Here's what John Ternus needs to do about Apple ID, says Mark Gurman - 'But that’s entirely the point, Bart: Ive’s design would never have been done for VW etc, because his design isn’t something VW would ever have gone for – because he needs Steve Jobs (or someone like him) reading the room to determine what people will actually want. Clearly Ive completely ignored everything about Ferrari’s brand and image, in favour of what he thinks it should be. That arrogance is his biggest problem as a designer. Being an avant garde artist is fine, but it doesn’t work in industrial design unless you’re coming up with a product or form factor that is far superior to anything that’s come before.'
on KGI lowers Apple rating to Neutral, raises target $9 to $315 - 'Gemini- Ming-Chi Kuo built his legendary reputation as the premier Apple supply-chain analyst, working there from roughly 2013 to 2018. However, he left KGI back in 2018. He is currently a market analyst at TF International Securities (a financial services group based in the Asia-Pacific region), where he still publishes his highly regarded insights on Apple, OpenAI, and global tech supply chains.'
on KGI lowers Apple rating to Neutral, raises target $9 to $315 - 'Isn’t KGI [Securities] the home of Ming Chi Kuo?'
on KGI lowers Apple rating to Neutral, raises target $9 to $315 - 'As far as I can tell there is no information about the reasoning in the article. It is just someone reporting about this call. Nothing to see here. I don’t think this analyst knows anything if that is all that is reported.'
on Apple share of the world's wrists just keeps growing - 'My thought, too. The article talks about shipment share but what about all the hand-me- downs? I’ve given away two that are still in use.'
on Ben Thompson: Why Tim Cook gave an emergency interview with the WSJ - 'PED, I wouldn’t call them “bad customers”, they are just not as well off as others. I’m sure they would like to be in better financial situations if they could. They are still nice people, mostly.'
on Apple share of the world's wrists just keeps growing - 'Apple Watches stay in service longer. So the IB is higher. Per AI, Apple has 30% to 52%; Android / Wear has 30% to 47%; Huawei’s non-Android, Harmony has 17%: and RTOSes have 10% to 20%. Apple Watch will continue to take share.'
on WSJ: Apple owns the best smartphone customers, takes most of the profits - 'And Now For Something Completely Different: A ‘multiprocessor supercomputer’ built from “retired” Google Fold phone motherboards: https://www.theregister.com/on-prem/2026/06/18/2000-retired-google-pixel-phones-get-a-second-life-as-a-private-cloud/5258035 What I take away from this is that the Google boards had decent performance, but the Fold form-factor wasn’t persuasive.'
on WSJ: Apple owns the best smartphone customers, takes most of the profits - 'Greg, Upvoted. I wonder if others profits do disappear, will that bring louder voices to penalize Apple for its success.'
on Here's what John Ternus needs to do about Apple ID, says Mark Gurman - 'Gurman’s article sounds like it was written from talking to a source (person/persons) that misses the good old days, who wants to be promoted to a position of design power and control, where everyone would be reporting to HIM, and HE would direct where design takes the company, and where Engineering and marketing will be subservient to achieving Design’s goals. Said person, either inside or outside of Apple now, wants design to be “the focus”, nee “savior” of a company that has focused too much on engineering, (both hardware and financial) and much less on great designs wowing the masses. And by talking to Gurman (and maybe leaking product and engineering details and plans, thereby diluting Engineering’s thunder), they are trying to sew seeds of internal discontent into the aether and let it be taken from private to public. That’s not going to end well, and neither is Gurman’s and Bloomberg’s continuous push to portray Apple as in disarray. Perhaps Gurman isn’t getting his peeps to divulge enough, so he wants them to be more the center of attention?'
on Here's what John Ternus needs to do about Apple ID, says Mark Gurman - 'So is Gurman a tech pundit, analyst or reporter? Does he even know? I don’t mind being exposed to differing points of view but you have to earn my respect as an analyst or pundit and you don’t do that by simply acting as the Apple version of a Star Wars prequel spoiler source'
on Here's what John Ternus needs to do about Apple ID, says Mark Gurman - 'Come on, Gregg, don’t be an ostrich. We all need to know what the media is saying: the bad, the good, the pro’s and cons. I for one do not want to bury my head in the sand.'
