Recent Comments

  • Daniel Epstein on How Apple’s warm relationship with Facebook slid into cold war - 'Having now listened to the podcast I can say the Host seems to think that Apple was most likely acting out of malice towards Facebook to somehow make more money. He doesn’t seem to think Facebook had overstepped its bounds with its tracking. Now we know Apple is a money making business so they are not innocent in all things about money and deals. What they do seem to have identified in this case is Apps should not be able to get information from users outside of what they reveal in using the App itself without opting in to outside the app tracking. Apple is okay with using info inside the App that the user reveals but not with tracking the user anywhere they go when not in the original App. The difference between trying to be useful and being creepy. Not a simple distinction but noteworthy.'
  • David Drinkwater on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'I will duplicate post this today, because I actually feel this strongly about it: I hope Apple is backing up the damn pickup truck every day at these prices.'
  • David Drinkwater on Apple: Evercore sticks with $175 target despite slowing iPhone sales - 'I will duplicate post this today, because I actually feel this strongly about it: I hope Apple is backing up the damn pickup truck every day at these prices.'
  • Peter Kropf on How Apple’s warm relationship with Facebook slid into cold war - 'Anyone remember Judith Miller, NYT White House reporter, who helped spread the lies that got us into Iraq? If the NYT had reported, as the McClathchey news syndicate did, that the yellowcake Iraqi uranium AND the aluminum tubes for refining Iraqi uranium were outright lies, we might not have invaded Iraq. Mistreating and being wrong about Apple isn’t the same as Iraq.'
  • Daniel Epstein on How Apple’s warm relationship with Facebook slid into cold war - 'I have read The NY Times for much of my life and while it is a wonderful newspaper it does seem to have some blind spots and biases that have shown up over the years. The NY Times has had trouble dealing with Apple as a subject for quite some time. Maybe they think Apple is trying to take advantage of them in the marketplace. They did drop out of business deals complaining Apple was not sharing enough of the money with them. Investigative reports on working conditions in China have also been part of the Time’s world so it is hard for the Times to give Apple positive credit generally. There are other examples of the Times not starting with a clean slate with people. One should never rely on a single news source for information no matter how good they are overall.'
  • David Emery on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'Both he and Hall have incredibly chronic records of failure, in a business that purports to value “measured performance”. After a while, you have to conclude it’s not accidental, but deliberate. And then you have to ask “why?”'
  • Fred Stein on How Apple’s warm relationship with Facebook slid into cold war - 'Just went back to June 2010 All Things D, where Kara (NYT) sat next to Jobs. Starting at 1:10 Steve outlines Apple’s (not just his) stance on privacy – virtually NOTHING has changed. The nicest thing to say about NYT is confirmation bias. Whether Kara or Mike, they just discard anything that does not fit their story. The whole event on YouTube is worth the time. Apple could play excepts from that in the current Epic trial.'
  • Fred Stein on How Apple’s warm relationship with Facebook slid into cold war - 'Yes, David. Please see my option 2) in the second comment..” They get it, but like to juice…”'
  • Robert Stack on How Apple’s warm relationship with Facebook slid into cold war - '@John: I may be in the minority these days, but I still respect the NYT with one major exception: their tech coverage, which is terrible. Brian Chen and Shira Ovide are not insightful at all, and both are horribly biased against Apple. Sadly, it’s been all downhill since Pogue left…'
  • Jeff F on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'I struggle to understand why Toni still has a job considering his recent track record where Apple is concerned.'
  • John Konopka on How Apple’s warm relationship with Facebook slid into cold war - 'I used to respect the NYT, but that has been gone for a long time. They have some really good reporters who do good work, but otherwise they can be really wrong.'
  • Alan Birnbaum on Apple: Evercore sticks with $175 target despite slowing iPhone sales - 'Lies,……. This quotation is often attributed to Benjamin Disraeli, the 19th century British Prime Minister. The source for this view is the autobiography of Mark Twain, where he makes that attribution. Nevertheless, no version of this quotation has been found in any of Disraeli’s published works or letters. An early reference to the expression, which may explain Twain’s assertion is found in a speech made by Leonard H. Courtney, (1832-1918), later Lord Courtney, in New York in 1895: ‘After all, facts are facts, and although we may quote one to another with a chuckle the words of the Wise Statesman, “Lies – damn lies – and statistics,” still there are some easy figures the simplest must understand, and the astutest cannot wriggle out of.’'
  • David Emery on How Apple’s warm relationship with Facebook slid into cold war - 'Fred, where’s the “very angry” comment reaction button? I’d go further. “does not get it” implies some degree of inadvertent behavior. This sure smells like -deliberate miscasting-. A credible deep dive should have taken corporate culture into consideration. Seems that NYT deliberately does not think that’s relevant. Maybe that’s because NYT has -lost its corporate culture- in its quest for “clicks” (including Pulitzers.)'
  • Fred Stein on How Apple’s warm relationship with Facebook slid into cold war - 'At the end, NYT claims that AAPL and FB are locked in some winner take all struggle. Now it’s clear. They don’t get it. Not at all. PS: I grew up revering the NYT.'
  • Fred Stein on How Apple’s warm relationship with Facebook slid into cold war - 'NYT claims Apple’s privacy is ‘just marketing’ means they either: 1) Don’t see the liability of tracking. 2) They get it, but like to juice the bogus narrative that privacy is just branding.'
  • Fred Stein on How Apple’s warm relationship with Facebook slid into cold war - '1) NYT omits Jobs blunt stance against tracking, at All things D. It started with Jobs. 2) Cook took a high risk stance against the FBI re privacy over the San Bernardino massacre. NYT claims Cook only dialed it up after the Analytica exposure. 3) FB is not a competitor. Does NYT really not understand this? 4) NYT quotes Zuck’s claim that iPhones are elitist with $1200 prices. Blatant distortion and unchallenged 5) Zuck’s bogus claim of Stockholm syndrome should also be challenged, not repeated.'
  • David Emery on How Apple’s warm relationship with Facebook slid into cold war - 'Without listening to the podcast, it seemed to me that Apple, particularly under Cook, was a company built on a strong sense of ethics that included but was not totally about making money. On the other hand, Facebook feels like a company fueled solely on profit, where ethics isn’t even part of the discussion. How far is that from the premise of the podcast?'
  • Dan Scropos on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'Catalysts, both real and potential: -M2 -$90 billion in buybacks -Glucose monitoring hint -Legacy hardware dominance -Services growth -IB growth/engagement/satisfaction -Apple Glasses -3 of 4 Apple Watch users were new -AirTags revenue I see more major catalysts now than ever before.'
  • Joseph Bland on Premarket: Apple is red - 'That premarket tail really gave some folks a chance to jump on board the AAPL train. Volume is over average today for the first time in a long time. $122.78 was the low for the day (!), and the price hasn’t looked back since then. Very interesting….'
  • Joseph Bland on Apple: Evercore sticks with $175 target despite slowing iPhone sales - 'First, my dad used to say “there are lies, damned lies, and statistics”. Take these statistics with a large grain of salt. “…we expect growth to remain [relatively] strong for AAPL in Jun-qtr and beyond…” There. Fixed it. Everyone knows this is Apple’s “weakest” quarter because of the highly cyclical nature of iPhone sales. It’s seriously funny to see the same old canard being used year after year during this quarter, blasting Apple as doomed because of lower quarterly sales.'
  • David Emery on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'And we struggle to see a catalyst for rational stock price projections. If ASP goes up, gross margin goes up, why would the stock not go up? And we’re staring -at- the comps showing Toni’s previous failures to adequately project Apple’s price.'
  • Joseph Bland on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - '@ Gregg: “Fundamentals no longer matter where Apple is concerned.” Oh, they matter, all right. Just not to Mr. Market right now….'
  • Lalit Jagtap on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'Thank you Toni, I am buyer of AAPL today. You help me take action.'
  • Daniel Epstein on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'Why should his vision of Apple’s business be any better now than it was before? He seems to think Apple is a static company as far as products are concerned and sees no upside in any part of the business. Probably upset that he has to give Apple a 23.5 multiple on FY 22 year earnings.'
  • Fred Stein on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'Yes, Toni, it is hard to see a catalyst if you only look at iPhone. If you look at everything else, you see many catalysts. Even if you only look at iPhone, the long arc is relentless growth. Further, the iPhone produces the ROI to sustain Apple Silicon investments, shared by all other devices. And, the iPhone drives Apple’s best business, the App Store.'
  • Gregg Thurman on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'Fundamentals no longer matter where Apple is concerned.'
  • Joseph Bland on Apple: Bernstein sticks with $132 price target, despite rising iPhone ASPs - 'Apple’s more than happy with the chance to buy back tons of stock at fire-sale prices. And so are Apple longs. I haven’t done the calcs lately, but the average price per share that Apple has paid since it started buybacks is amazingly low. And its because of times like this.'
  • Joseph Bland on Premarket: Apple is red - 'Yet again today, the tiny premarket tail wagged the market dog. In the Bad Old Days (pre-buybacks), this would have led to a major retraction, and a royal fleecing of any folks laid off in the Great Recession and living on their retirement money. Now, Apple literally buys back the stock any folks on fixed income are forced to sell, thereby increasing the worth of those folk’s remaining stock. The wolves still feast, but now they feast off short term gamblers, not long term investors. The moral: If you want to avoid getting seasick from the motion, keep your eyes on the distant horizon and learn how to roll with the swells.'
  • Jerry Doyle on Premarket: Apple is red - '“…. My take: Bearish pattern. Buying opportunity?” As I denoted in my comments above in reply to Mark V, now is a “buying” opportunity to add more Apple to one’s investment portfolio. The future for Apple’s continued stock price growth never looked brighter.'