Apple Inc (AAPL)

[DiscoverGold]

$AAPL Insider: General Counsel of Apple, Katherine Adams, sold over $20,000,000 in shares on Monday
By: TrendSpider | August 8, 2024

• $AAPL INSIDER CASHING OUT.

General Counsel of Apple, Katherine Adams, sold over $20,000,000 in shares on Monday.

This was her first time selling since early April.



Read Full Story »»»

DiscoverGold

[budgetthis]

Easy money…….gotta have some foresight !! Timing helps, too…… lol.

[Investors3]

Wedbush ups Apple target price to $285
Wednesday, August 7, 2024 8:58 am
1 Comment

Daniel Ives of Wedbush Securities this week reiterated an Outperform rating on Apple stock and increased his price target to $285 from $275.

Fahad Saleem for Insider Monkey:

“Apple Intelligence rollout has already begun with developers who will significantly enhance app capabilities as the company staggers the launch of its new AI feature along with its OpenAI partnership which Apple expects ChatGPT and all other features to be integrated into the iPhone and other devices by the end of the year. We believe AI technology being introduced into the Apple ecosystem will bring monetization opportunities on both the services as well as iPhone/hardware front and adds $30 to $40 per share,” Ives said.

Baird analyst William Power said in a note that he estimates a whopping 95% of iPhones in the world will need an upgrade at “some point” to take advantage of Apple Intelligence. The analyst mentioned lower upgrade rates at AT&T and Verizon, suggesting consumers might be waiting for AI-integrated smartphones. Based on this catalyst, the analyst upped his fiscal 2025 iPhone estimates by about 20 million units, now projecting iPhone revenue to reach $216.1 billion, a 9% year-over-year increase, surpassing the consensus estimate of 6% growth. Apple is expected to generate $418.1 billion in full-year revenue and $7.30 per share in earnings, up from previous forecasts of $394.6 billion and $6.73 per share.

MacDailyNews Take: Buy low. Sell high.

https://macdailynews.com/2024/08/07/wedbush-ups-apple-target-price-to-285/#google_vignette

[Investors3]

In 2022 alone, Google paid Apple $20 billion to cement its illegal monopoly
Tuesday, August 6, 2024 9:00 am
7 Comments

Alphabet subsidiary Google is “a monopolist, and has acted as one to maintain its monopoly” in violation of Section 2 of the Sherman Act, Judge Amit Mehta of the U.S. District Court for the District of Columbia ruled on Monday, August 5th.

Jonathan Guilford for Reuters:

Google now shares an ignominy with Microsoft. Judged by the same legal yardstick, Alphabet’s web search colossus is a monopolist just as the software developer was deemed to be in 2001. It might also suffer a similar fate.

Regardless of the remedies, which will be determined later, the victory is a significant one for Jonathan Kanter, the U.S. Department of Justice antitrust chief, and his counterpart at the Federal Trade Commission, Lina Khan. Both have filed a panoply of lawsuits against tech giants, and the findings in this case will be an important signal to courts presiding over the others, including another one against Google’s ad-tech business.

Mehta’s opinion also finesses the uncomfortable finding that Google is the “highest quality search engine.” Resources play a part. Google estimated that Apple would need to spend $20 billion to build a similar product and billions more to operate it. The primary concern, however, is establishing ubiquity. In 2022, Google paid about $20 billion to be the default option for iPhone buyers, according to the ruling.

MacDailyNews Take: This is a decade or so too late, but at least it’s finally happening!

As regular readers know, we’ve been talking about this issue for years, as ad revenue dwindled – yet Alphabet/Google magically got richer. We’ve all lost many great sites over recent years as the Google-dominated broken ad-supported model failed. This is the very reason why there are too many ads on the site (cluttered is better than dead).

Candidly, it may be too late for us (but, for now, we’re still trying to survive). This will take many years to be rectified and for the once-vibrant digital advertising model to begin working again for publishers, if it ever happens. If you can contribute a couple buck monthly help keep our very independent Apple-focused blog afloat, you can do so here. Thank you in advance!

Even as we attempt to move away from the ad-supported model, we back whatever remedy or remedies will introduce competition back into the online advertising business, which is broken, in part, because far too much power is concentrated with Google/Facebook. This situation is exactly why antitrust laws exist. — MacDailyNews, February 2, 2021

Imagine if your livelihood depended on one company that had not only monopolized web search (and, thereby, basically controlled how new customers find you), but also controlled the bulk of online advertising dollars which funded your business and which they could pull, simply threaten to pull, or reduce rates at any time? Now also imagine if you believe this monopolist basically stole the product of another company that is the very subject of your business? How much would you criticize the monopolist thief’s business practices?

You might guess that it would be a tough road to walk. (We’re only imagining, of course!)

That would be a good example of why monopolies are bad for everyone…

In the meantime, stop using Google search and Google products wherever possible. Monopolies are bad for everyone. — MacDailyNews, July 14, 2016

If you haven’t already, give DuckDuckGo a try! https://duckduckgo.com

With this unprecedented power, platforms have the ability to redirect into their pockets the advertising dollars that once went to newspapers and magazines. No one company should have the power to pick and choose which content reaches consumers and which doesn’t. — MacDailyNews, November 9, 2017

We’d like to see real competition in the online search and advertising markets restored someday. — MacDailyNews, March 20, 2019

Related

U.S. judge rules Google has illegal monopoly on search
Monday, August 5, 2024
In "News"

EU alleges Google skews search results to boost its own products and services
Thursday, July 14, 2016
In "News"

Should America’s tech giants be broken up? Apple, Amazon, Google, and Facebook may be contributing to the U.S. economy’s most persistent ailments
Thursday, July 20, 2017
In "News"

https://macdailynews.com/2024/08/06/in-2022-alone-google-paid-apple-20-billion-to-cement-its-illegal-monopoly/

[Dell_Griffith]

Looks like the 94 yo "Oracle" is finally planning for his "retirement." Now is the time to get out of Berkshire.

[tw0122]

Right back down

[pepeoil]

We moving right back up bruh

[tw0122]

Apple holdings took a massive hit. Berkshire dumped nearly half (roughly 390 million shares) of its remaining Apple shares in Q2 after having dumped 13% (116 million shares) in Q1, and about 1% (10 million shares) in Q4. Berkshire’s Apple holdings are now down to about 400 million shares, from 908 million shares that it had held two years ago.

Ditching Bank of America. In July through August 1, reported in separate filings and not included in the Q2 quarterly report, Berkshire also sold 8.8% (or about $3.8 billion) of its Bank of America holdings in a series of transactions.

“You could conclude this is another sell signal,” Jim Shanahan, an analyst at Edward Jones who covers Berkshire, told Reuters. “This was a far higher level of selling activity than we were expecting.”

[DiscoverGold]

Apple Stock Sinks as Warren Buffett Dumps Shares
By: Schaeffer's Investment Research | August 5, 2024

• The Oracle of Omaha nearly halved its stake in AAPL

• The equity is seeing increased put activity

Apple Inc (NASDAQ:AAPL) stock is down 3.8% to trade $211.56 at last glance, dragging the broader market lower. Today's bear gap follows news that Warren Buffett's Berkshire Hathaway (BRK) sold nearly half of its AAPL stake, per a disclosure in its earnings filing.

Apple stock hit its lowest level since June earlier in the session, and is now trading south of its 50-day moving average for the first time since May. Despite today's big bear gap on the charts, AAPL is still up 9.2% in 2024.

Already today, 498,000 puts have exchanged hands, volume that is double the average intraday amount. Most popular is the weekly 8/9 200-strike put, where new positions are being sold to open.

Read Full Story »»»

DiscoverGold

[Investors3]

Warren Buffett’s Berkshire Hathaway chops Apple stake in half
Monday, August 5, 2024 8:56 am
11 Comments

https://macdailynews.com/2024/08/05/warren-buffetts-berkshire-hathaway-chops-apple-stake-in-half/

After Buffett slashes AAPL stake, Apple investors urged to remain calm
Monday, August 5, 2024 11:26 am
1 Comment

https://macdailynews.com/2024/08/05/warren-buffetts-berkshire-hathaway-chops-apple-stake-in-half/

[Investors3]

Berkshire Hathaway (NYSE:BRK.B) – Warren Buffett increased Berkshire Hathaway’s cash reserves to $276.9 billion in June, up from $189 billion the previous quarter. The company sold $75.5 billion in stocks, including around 505 million Apple shares. Despite a record operating profit of $11.6 billion in Q2 (up 15%), Berkshire bought only $345 million of its own shares, less than the $2.57 billion the previous quarter. Net profit fell 15%, totaling $30.34 billion. According to Buffett, the sale of nearly half of Berkshire’s Apple stake does not indicate a lack of confidence in the tech giant but rather a risk management strategy. Buffett adjusted his Apple position to reduce concentration and balance the portfolio. Apple remains Berkshire’s largest position, and the decision reflects caution regarding the stake size rather than doubt about the company’s future. Buffett believes the market is overestimating the impact of AI innovation, but the company still has significant potential. BRK.B shares are down -3.8% pre-market.

Apple (NASDAQ:AAPL) – Apple Intelligence, shown to developers, still does not match the expected enthusiasm. Apple delayed its introduction to October and did not include all features in the initial release. The company is also reorganizing its design leadership and expects revenue growth despite weakness in China. The iPhone 16 will launch in September, while Apple Intelligence will be integrated later. In Thailand, Apple pulled an ad after criticism that the film, depicting Bangkok and Rayong, misrepresented the country as underdeveloped. Lawmakers and citizens protested, and the Thai government was concerned about the country’s tourism image. Apple apologized, stating it did not intend to offend. Apple shares are down -6.5% pre-market.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/94312835/nvidia-ai-chip-delays-mars-eyes-kellanova-acquisi

[Chartmaster]

Bought 3 Nov 240 calls at 3.46

[koolmc]

wouldn't be surprised if berk is thinking of buying back his shares lol, he still holds a nice chunk

[Nebuchadnezzar]

AAPL topped out at $232 for 2024
just like the SPY and QQQ


AAPL will go lower to sideways for months

recession is unstoppable now

[DiscoverGold]

Apple trading lower by 6% tonight after Warren Buffett's Berkshire Hathaway disclosed it sold 390 million $AAPL shares in the 2nd Quarter, nearly half its entire position in the company.
By: Barchart | August 4, 2024

• Apple trading lower by 6% tonight after Warren Buffett's Berkshire Hathaway disclosed it sold 390 million $AAPL shares in the 2nd Quarter, nearly half its entire position in the company.

Read Full Story »»»

DiscoverGold

[Bountiful_Harvest]

Apple Investors Urged to Stay Calm After Buffett Slashes Stake:

https://www.bloomberg.com/news/articles/2024-08-04/apple-aapl-investors-urged-to-stay-calm-after-buffett-slashes-stake

The "real story" is Buffett now holds a record $277 Billion in cash and has been selling stocks like never before.

He's getting ready for a crash...



Reminds me of the movie Wall Street 2, where everyone is being told to stay calm:

Be prepared?

[Diamondhands45]

Buffet sold half his apple position. We will see 200 soon

[Nebuchadnezzar]

lol told you so, BRK.A sold half its AAPL position

watch it dump 5% on monday

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174857559

[Nebuchadnezzar]

i bought puts when AAPL hit $225.

money was just hiding here

Berkshire will reveal they sold more apple shares

[DiscoverGold]

Apple $AAPL had $114.1 Million worth of bullish flow this week
By: Cheddar Flow | August 2, 2024

• $NVDA had $746M worth of bearish flow this week (Highly Unusual)

This is a weekly high

In the bulls' defense, there was an unreal amount of bullish flow too

Many contracts exchanged hands this week



Read Full Story »»»

DiscoverGold

[budgetthis]

Applicious……!!

Sometimes it’s just too easy…,,,.

But we knew that, right fellow followers of the delicious fruit ??

$$ AAPL $$

[Nebuchadnezzar]

just money hiding in AAPL during sell off

nothing else

this stock will trend lower

buy zone $180-$195

there's no stopping a recession now

[Mr.Fields]

The stock has been climbing steadily, with each peak and trough rising higher than the last. After recently rebounding from a key support trendline, it’s now nearing its previous high.

[Nebuchadnezzar]

why the fk would i change

[TheFinalCD]

SOLD

$AAPL pic.twitter.com/ZYnyzpW2F7

— THE FINAL COUNTDOWN (@READY_2_PROFIT) August 1, 2024

[TheFinalCD]

we see you havent changed

im not holding many bags

just pos GME

roaring kitty shit in my cereal box

otherwise ALL cash

I previously said glad to see you back but I retract that

[Nebuchadnezzar]

weakest time of the year for markets

august-october

good luck holding the bag at these levels

[Nebuchadnezzar]

easy sell now. weakest pop i ever seen in AAPL

this will settle around $190-$195 sometime in august

[TheFinalCD]

COULD BE RUFF, BUT EVERYDAY THERE IS SOME TYPE OF RUNNER

AND EVERYDAY LONG OR SHORT CALL OR PUT

THERE IS MONEY TO BE MADE

[Greedy G]

~maybe a pop during the call

[Nebuchadnezzar]

hope you sold mega cap tech last week

good luck in august and september LOL!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[GolfFishSurf]

Need a very nice pop..... also sitting on some 8/16 $245 Calls as well..........

[TheFinalCD]

all over the place

jumps $ up and down fast

[Greedy G]

~$1.40 u got it….now can we get a nice pop here ?

[DiscoverGold]

Apple $AAPL Just Reported Earnings:
By: Evan | August 1, 2024

• APPLE $AAPL JUST REPORTED EARNINGS

EPS of $1.40 beating expectations of $1.34
Revenue of $85.8B beating expectations of $84.38B

Product Revenue - $61.6B
Services Revenue - $24.2B

iPhone Revenue - $39.3B

Read Full Story »»»

DiscoverGold

[GolfFishSurf]

Grabbed some 8/9 $237.50 Calls for 0.58 before the bell. Does AAPL hit $1.40 or better for the Non-GAAP Q3? That would be a decent beat.

[LuckyLovie]

I'm with you...every1's gonna want the new Apple Ai- phone ..every country..

[Greedy G]

~I could see a nice gap up after earnings. Hopefully get nice forward guidance.

[LuckyLovie]

Hey G...I remember 1 yr Apple earnings exploded up $27 + day after earnings..mstanly says $273...& cap adv says $300 by yr end hoping it soars...
Whadda you think ?

[GolfFishSurf]

Man that's aggressive. But you always like the aggressive Calls deep out of the money ;) ....... good luck!!

[Greedy G]

~bought 8/9 $270 calls @.04c

[pepeoil]

Yes, today is August 1. Get on the train before it’s gone. Chooo choooo

[pepeoil]

Well, I made a ton on this chit and got out to go with nvda and amd. I made a pile of cash there and bought back into Apple yesterday. Now lesssss goooooo apple

[LuckyLovie]

Earnings today after the bell....gonna be blockbuster stock going to be $260 very quickly...as Morgan Stanly put a $273 number by this yrs end,as did capital advisores a bit more to $300 a share...only 5 months left...let's get to $260 1$t...by next mid week...

[Investors3]

Report: Apple disrupts overseas acquisition that involves Indian partner

9to5Mac
By Ryan Christoffel
Jul 31, 2024, 10:05 am

photo of Report: Apple disrupts overseas acquisition that involves Indian partner imageApple is a technology company. It specializes in creating products. But as a global force in the world, it can also get caught up in international drama. Today, a new report details one such situation playing out that involves India, China, and competitor Vivo, with Apple disrupting a key acquisition. more…

https://9to5mac.com/2024/07/31/report-apple-disrupting-overseas-acquisition-that-involves-india-partner/

[DiscoverGold]

Apple $AAPL $5.8 Million OTM Call
By: Cheddar Flow | July 31, 2024

• $AAPL $5.8M OTM Call

This has an unusual amount of premium and was executed above the ask, signaling urgency.



Read Full Story »»»

DiscoverGold

[DiscoverGold]

It does show that was a buy Calls. There are only these type of options
Buy (long) calls
Sell (short) calls
Buy (long) puts
Sell (short) puts
It could not have been a short call trade. However it could have been a hedge call where the trader has shorted outright the stock. That we don't know.

DiscoverGold

[stock1ace1]

How do you no those 13 Mill call leaps are not on the short side ? It could be a bullish call leaps buy or someone could have shorted 13 mill call leaps out of the money

I dont think you can tell can you ?

[Investors3]

Apple’s earnings are almost here; the market reaction will likely surprise
Tuesday, July 30, 2024 5:00 pm
1 Comment

With Apple’s fiscal Q324 earnings due on August 1st, is worth remembering that traders can behave in strange ways. Sometimes they’ll buy a stock on a rumor and sell it on the news. Sometimes when companies beat expectations on earnings they sell and take profits. Sometimes they buy even when the companies miss.

Brian Swint for Barron’s:

All the signs point to that kind of topsy-turvy week. Software maker Microsoft reports Tuesday, with retailer Amazon, iPhone maker Apple, and Facebook owner Meta Platforms over the next few days. These Magnificent 7 technology stocks have driven the market higher for the last two years, but have fallen out of favor lately. Chip maker Nvidia will be the last to report at the end of next month, but by then we may know all we need to know about how investors will treat these big names…

Traders may well still be looking for excuses to sell the Mag 7, which suggests that even if earnings this week come in strong–or perfect–these stocks might go down. For Google, the excuse was inflated spending on artificial intelligence. That reason could be used for others, too.

Alternatively, investors may also decide to differentiate within the Mag 7 group now. They could pick their perceived winners and losers from that group – because their businesses aren’t that similar, and AI means different things to each of them.

MacDailyNews Take: If we get a deal on Apple following earnings, we’ll gladly take advantage of it. If not, we’ll enjoy the spoils (on paper) as we continue to accumulate. As always, do you own due diligence.

MacDailyNews Note: Apple is scheduled to release fiscal third quarter results and business updates on Thursday, August 1, 2024, after market close, right around at 1:30 p.m. PT / 4:00 p.m. ET. As always, we’ll have the results for you as soon as they are release. The company will hold a conference call with analysts thirty minutes later at 2:00 p.m. PT / 5:00 p.m. ET, which we’ll cover with live notes as usual.

https://macdailynews.com/2024/07/30/apples-earnings-are-almost-here-the-market-reaction-will-likely-surprise/#google_vignette

[Investors3]

Group of hikers saved from wildfires by Apple’s Emergency SOS via Satellite on iPhone
Monday, July 29, 2024 2:15 pm
1 Comment

A group of four women was successfully rescued from a B.C. glacier last week after a daring helicopter operation. The rescue took place amidst a challenging wildfire season. The stranded women were able to utilize Apple’s Emergency SOS via Satellite feature on their iPhone to send a text message, triggering the rescue effort.

Corey Bullock for CBC News:

As wildfires continue to burn across the Kootenay region, a group of four women were helicoptered off a glacier in B.C.’s West Kootenay region last week.

The dramatic rescue, amidst a challenging wildfire season, has officials warning people to be careful.

A search and rescue team flew through thick smoke, near an approaching wildfire to find the hikers, who were stranded on the Macbeth Ice Fields, northeast of Kaslo, about 390 kilometres east of Kelowna.

The four women, who all live in British Columbia, had been camping when the wind picked up, said Mark Jennings-Bates, the Kaslo Search and Rescue manager, who led the rescue.

“Embers were falling on their tent so they ran for their lives,” Jennings-Bates told CBC’s Daybreak South.

The rescue was especially challenging with smoke making visibility difficult for the helicopter pilot, he said.

Jennings-Bates said the stranded women were able to send a text message via satellite through Apple’s emergency SOS function, and that ultimately made the rescue possible.

“We were just able to sneak over a ridge and found them exactly where the cellphone ping said they were, which is really unusual and very satisfying,” he said.

“In this instance, their cellphone literally saved their lives.”

MacDailyNews Take: Another four lives saved, thanks to iPhone and Emergency SOS via Satellite! (Also sounds like it would make for a great iPhone commercial!)

How to use Emergency SOS via satellite on your iPhone here.

Related

iPhone’s Emergency SOS via satellite saves family from deadly Maui wildfires
Thursday, August 10, 2023
In "News"

Apple iPhone’s Emergency SOS via satellite saves two women stranded in British Columbia
Friday, January 27, 2023
In "News"

10 missing hikers rescued from California canyon thanks to Apple’s Emergency SOS feature
Wednesday, May 17, 2023
In "News"

https://macdailynews.com/2024/07/29/group-of-hikers-saved-from-wildfires-by-apples-emergency-sos-via-satellite-on-iphone/