Apple Inc (AAPL)

[Investors3]

13% of new U.S. iPhone buyers upgraded from Android phones in 2023
Thursday, February 15, 2024 12:08 pm
No Comments

CIRP has released its latest study today taking a look at how many new iPhone buyers in the U.S. are upgrading from Android smartphones. 13% of new U.S. iPhone buyers upgraded from Android phones in 2023.

Michael Potuck for 9to5Mac:

Last May, CIRP’s data showed momentum for Apple with a record 15% of new US iPhone buyers coming from Android and an average selling price just shy of $1,000.

CIRP’s new report shows that the trend reversed a bit across 2023. Shown below, 13% of new US iPhone buyers report that they’ve switched from Android. That’s a 2% drop from what CIRP saw last year.

MacDailyNews Take: With more than 1 out of every 10 Android settlers waking up annually to the blatantly obvious fact that if it’s not an iPhone, it’s not an iPhone, Apple’s future is very bright indeed!

https://macdailynews.com/2024/02/15/13-of-new-u-s-iphone-buyers-upgraded-from-android-phones-in-2023/#google_vignette

[Investors3]

Apple Vision Pro reportedly selling like crazy
Thursday, February 15, 2024 9:11 am
No Comments

Apple sold some 180,000 Apple Vision Pro spatial computers in pre-order sales and, according to analyst Ming-Chi Kuo in a new note to clients, the company stocked around 80,000 units for launch day and the numbers aren’t slowing down.

Ronil Thakkar for The Mac Observer:

Moreover, reports floating online suggest that Apple has sold nearly 200,000 Vision Pro units until now.

And now, with shipment dates stretching into March soon after pre-orders began and no inventory accessible in the Apple store, the Vision Pro is nearly sold out.

While we patiently wait for Apple to reveal the actual sales figure of the Vision Pro, if and when they actually do it, a prediction report from Statista suggests the company could ship around 350,000 units in the first year of the launch, reaching almost 1.5 million in year two.

MacDailyNews Take: It’s sounding more and more like a very strong early adopter / developer start for the first-generation Apple Vision Pro!

https://macdailynews.com/2024/02/15/apple-vision-pro-reportedly-selling-like-crazy/

[Investors3]

Cisco Systems Stock Drops 5% Following Restructuring Plan, Berkshire Trims Apple Stake, and Latest News
February 15 2024 - 06:34AM
IH Market News

Berkshire Hathaway (NYSE:BRK.A) – Berkshire Hathaway reduced its stake in Apple (NASDAQ:AAPL), selling 10 million shares, while holding over 905 million. It also increased its position in Chevron (NYSE:CVX), reduced it in HP (NYSE:HPQ), and Paramount Global (NASDAQ:PARA). Ther company kept investors guessing on what could be a major new investment by Warren Buffett.

Nvidia (NASDAQ:NVDA), Alphabet (NASDAQ:GOOGL) – Nvidia briefly surpassed Alphabet on Wednesday to become the third most valuable U.S. company after Amazon. The high demand for AI chips boosted its market value to $1.825 trillion. Wall Street is eagerly awaiting the quarterly report next week. Nvidia shares are down 0.5% in Thursday’s pre-market.

Taiwan Semiconductor Manufacturing (NYSE:TSM) – TSMC saw its market capitalization jump by about $42 billion on Wednesday, driven by investor bets on chip demand. This increase led the company to surpass Visa Inc. (NYSE:V), becoming the 12th most valuable globally. Enthusiasm was fueled by increased sales in January and optimistic growth outlooks, especially in the wake of OpenAI‘s ChatGPT release. TSMC anticipates a recovery in smartphone and computing demand, while analysts point to the growing need for cutting-edge chips. The company recently discussed AI chip supply challenges with Nvidia. TSMC shares are up 1.1% in Thursday’s pre-market.

Nvidia (NASDAQ:NVDA) – Bridgewater Associates significantly increased its stake in Nvidia, raising it by 458% at the end of last year, while also expanding its exposure to other leading technology companies. The firm founded by Ray Dalio disclosed these changes in financial filings.

Alphabet (NASDAQ:GOOGL) – Google will offer an automated version of ChromeOS for Windows devices, potentially reducing PC discards after Windows 10 support ends. ChromeOS Flex will maintain security updates, allowing users to extend their devices’ lifespan.

Microsoft (NASDAQ:MSFT) – Microsoft stated that state hackers from Russia, China, and Iran are using OpenAI technology, backed by the company, to enhance their tactics. Microsoft revealed this usage, implementing a ban against these groups as concerns over AI abuses increase.

Meta Platforms (NASDAQ:META) – On Wednesday, Meta added Broadcom‘s CEO, Hock Tan, to its board of directors. Broadcom (NASDAQ:AVGO) is a key partner of Meta in its data center projects and chip development, crucial for fast data movement and processing for AI systems.

Nokia (NYSE:NOK) – Nokia launched “MX Workmate,” an AI tool for industrial workers, generating alerts about machine failures and suggesting production improvements. Using AI language models, it aims to help interpret complex data. Full implementation may take up to a year and a half, as testing and adjustments continue.

Sony Group (NYSE:SONY) and Honda Motor (NYSE:HMC) – A joint venture between Sony Group and Honda Motor will launch three electric vehicle models by the middle of this decade. An SUV will be released in 2027, followed by a compact in 2028 or later, after a sedan in 2025, aiming to compete with Tesla (NASDAQ:TSLA).

Pfizer (NYSE:PFE) – Pfizer agreed to pay $93 million to settle antitrust charges from drug distributors. The settlement, still subject to judge approval, comes after a decade of litigation over allegations of conspiracy with Ranbaxy.

GSK (NYSE:GSK) – GSK completed the acquisition of Aiolos Bio, a biotech company focused on respiratory and inflammatory diseases. The initial payment was $1 billion, with up to an additional $400 million in success milestones.

Catalent (NYSE:CTLT) – Catalent cut its workforce by about 300 employees as part of its ongoing restructuring, incurring expenses of approximately $12 million. The company, which beat revenue estimates, recently accepted a purchase offer from Novo Nordisk (NYSE:NVO).

Morgan Stanley (NYSE:MS) – Morgan Stanley plans to cut hundreds of jobs in its wealth management unit, representing less than 1% of the staff. This move reflects the ongoing cost reduction efforts amid economic uncertainty.

Barclays (NYSE:BCS) – Barclays is considering a bid for Societe Generale to expand its wealth management division. SocGen started an auction for its Kleinwort Hambros unit, valued at up to £700 million, as part of its strategic overhaul. In other news, Barclays’ vice-president, Nazia Lawrence, is suing the British bank for approximately 230,000 pounds, claiming racial, religious, and sexual discrimination. Legal documents reveal her disappointment with the unequal treatment compared to white colleagues.

KKR and Company (NYSE:KKR) – KKR & Co agreed to acquire a stake in Cotiviti from Veritas Capital. Financial details were not disclosed, but the deal will strengthen KKR’s healthcare portfolio.

Doordash (NYSE:DASH) – George Soros‘ investment fund acquired new stakes in low-cost U.S. airlines, including JetBlue (NASDAQ:JBLU), Spirit Airlines (NYSE:SAVE), and Sun Country Airlines (NASDAQ:SNCY), while increasing its bets on Doordash (NYSE:DASH). It also sold stakes in Arm Holdings (NASDAQ:ARM) and Broadcom (NASDAQ:AVGO).

Shell (NYSE:SHEL) – Shell may drop out of the bidding for an offshore wind farm in Norway due to profitability doubts. Challenging conditions and market uncertainty raise concerns. The company is considering alternatives like floating wind turbines.

BHP Group (NYSE:BHP) – BHP, the world’s largest miner, expects losses of $5.7 billion due to the Samarco dam breach in Brazil and the restructuring of its nickel business in Australia. Its upcoming half-year results should reflect profit stability, driven by high iron ore prices.

Lockheed Martin (NYSE:LMT) – Biden plans to request fewer F-35 fighters in the next federal budget, affecting Lockheed Martin. About 70 aircraft are expected to be ordered for 2025, down from the 83 forecasted. Lockheed recorded 98 deliveries in 2023, compared to 141 in 2022. Shares are stable in Thursday’s pre-market after falling 2.4% on Wednesday.

Kroger (NYSE:KR), Albertsons (NYSE:ACI) – Colorado’s attorney general filed a lawsuit to block Kroger‘s $25 billion acquisition of Albertsons, claiming consumer harm. Kroger plans to divest stores to calm antitrust concerns. This lawsuit is the second challenging the merger.

Hershey (NYSE:HSY) – Chocolate manufacturers Hershey and Cadbury are planning price increases to offset record cocoa costs, facing a consumer demand drop due to inflation. Prices are rising, prompting manufacturers to launch new products to stimulate demand.

Earnings

Cisco Systems (NASDAQ:CSCO) – The stock values of technology companies declined by 5.6% in Thursday’s pre-market following the release of quarterly results. Cisco reported earnings of $0.87 per share on $12.79 billion in revenue, against the consensus estimates from LSEG of $0.84 per share in revenue of $12.71 billion. The net profit dropped to $2.63 billion, or 65 cents per share, from $2.77 billion, or 67 cents per share, in the same quarter of the previous year, while revenue fell 6% year over year. Additionally, Cisco unveiled a restructuring plan that would result in the elimination of 5% of jobs.

Applovin (NASDAQ:APP) – The technology company’s shares increased by more than 17% in pre-market trading after presenting impressive results for the fourth quarter and providing promising projections for the future. Applovin recorded a profit of 49 cents per share on revenue of $953 million. Analysts surveyed by LSEG had forecasted a profit per share of 35 cents with revenue of $928 million.

Twilio (NYSE:TWLO) – The value of the customer engagement company’s shares decreased by 11.4% in pre-market trading. For the current quarter, Twilio announced revenue projections that fell short of the financial market’s expectations, predicting a range between $1.025 billion and $1.035 billion. Analysts surveyed by LSEG were expecting revenues of $1.049 billion. Additionally, the number of active customers also fell short of StreetAccount’s estimates, totaling 305,000 instead of the expected 311,000.

Fastly (NYSE:FSLY) – Shares of the cloud services company fell about 24.8% in pre-market trading due to indicators of a slowdown in sales growth. Fastly‘s revenue in the fourth quarter totaled $138 million, below Wall Street’s expectations of $140 million as reported by LSEG. Furthermore, the company forecasted a slowdown in revenue for the current quarter.

JFrog (NASDAQ:FROG) – The software company’s shares rose 21.3% in pre-market trading after its fourth-quarter report revealed better-than-anticipated results. JFrog recorded an adjusted earnings per share of 19 cents on revenue of $97 million. Analysts surveyed by LSEG had estimated earnings per share of 12 cents with revenue of $93 million.

Informatica (NYSE:INFA) – The business technology company released fourth-quarter results that exceeded expectations. Informatica announced an adjusted profit of 32 cents per share on revenue of $445 million. Analysts surveyed by LSEG had predicted earnings of 30 cents per share on revenue of $432 million.

Equinix (NASDAQ:EQIX) – Equinix projected adjusted core earnings for the fiscal year 2024 between $4.09 billion and $4.17 billion, surpassing the expectations of $4.05 billion. The estimated revenue for the first quarter is between $2.13 billion and $2.15 billion, compared to estimates of $2.14 billion.

NerdWallet (NASDAQ:NRDS) – NerdWallet reported a loss of 3 cents per share in the fourth quarter, while analysts had anticipated a positive profit of 10 cents per share, as indicated by LSEG.

Occidental Petroleum (NYSE:OXY) – Occidental Petroleum exceeded estimates for fourth-quarter earnings, presenting its best quarterly result in three years and reducing expenses. OXY projected a marginal increase in oil and gas production to 1.25 million barrels per day (boepd) this year. The adjusted profit was $0.74 per share, surpassing the estimates of $0.71 per share.

Albermarle (NYSE:ALB) – The lithium manufacturer’s stock value decreased by 3.4% following the release of the quarterly report. Albermarle‘s net sales fell 10% in the fourth quarter compared to the previous year, and the company recorded a net loss due to a pre-tax charge and a tax valuation charge in China.

Tripadvisor (NASDAQ:TRIP) – In the last quarter, Tripadvisor announced an adjusted profit of 38 cents per share and revenue of $390 million. Analysts surveyed by LSEG had predicted earnings of 22 cents per share and revenue of $374 million.

Stellantis (NYSE:STLA) – Stellantis warned of a challenging year ahead after a 10% drop in operating profit in the second half of 2023, attributed to strikes and pressures in the global automotive market. The results exceeded expectations, but the outlook for 2024 is vague. Stellantis‘ adjusted operating profit fell to 10.2 billion euros. The margin dropped to 11.2%. Adjusted operating profit in North America fell 16% to 5.271 billion euros, with a margin of 13%.

Ventas (NYSE:VTR) – Ventas reported a 4.1% increase in its fourth-quarter FFO, reaching 76 cents per share. For 2024, the company forecasts a normalized FFO between $3.07 and $3.18 per share, below analysts’ estimates of $3.21 per share.

Coinbase Global (NASDAQ:COIN) – Coinbase Global shares rose 4.8% in pre-market trading ahead of the cryptocurrency trading platform’s fourth-quarter earnings scheduled for after market close. Analysts expect Coinbase to report earnings of 2 cents per share on revenue of $826 million.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/93288631/cisco-systems-stock-drops-5-following-restructuri

[Agoura Guy]

APPLE VISION PRO > BARF OUT!!!!!!!!

https://www.youtube.com/shorts/zLCNgMYbcAU

[Investors3]

Mark Zuckerberg tries Apple Vision Pro, claims Meta Quest 3 is ‘the best product, period’
Wednesday, February 14, 2024 8:59 am
4 Comments

Meta CEO Mark Zuckerberg tried the Apple Vision Pro spatial computer yet still claims that his company’s Quest 3 AR/VR headset is “the best product, period.”

Tom Gerken for The Beeb:

The Vision Pro grabbed headlines as celebrities including Diplo and T-Pain wore it in public, with the “passthrough” feature allowing them to see their surroundings while using it.

But in a video shot using the Meta Quest 3’s own passthrough, Zuckerberg insisted his company’s headset is “the best product, period.”

“I think Quest is the better product, period,” he said… “It seems like there are a lot of people who just assumed that Vision Pro would be higher quality because it’s Apple and it costs $3,000 (£2,400) more. But honestly, I’m pretty surprised that Quest is so much better for the vast majority of things that people use these headsets for with that price differential.”

MacDailyNews Take: Dude sounds like a delusional Nokia or Research In Motion CEO circa 2007. Put down the pipe and your cheap toy’s plastic hand controllers, Marky.

See also:
• Gizmodo reviews Apple Vision Pro: ‘Beautiful and very impressive’ – February 13, 2024
• Engadget reviews Apple Vision Pro: ‘It’s magical, almost telepathic’ – February 9, 2024
• CNBC reviews Apple Vision Pro: ‘The future of computing and entertainment’ – January 30, 2024
• Tom’s Guide hands-on with Apple Vision Pro: ‘Feels like the future of computing’ – January 19, 2024
• Apple’s Vision Pro is provoking ‘audible gasps’ from developers – August 25, 2023
• Work on Apple Vision Pro began under Steve Jobs – August 23, 2023

And, now, we fire up iCal and reveal some of the many wonders it holds!

In a perfect world, the next quote you’d hear from the following buffoons would be, “You want fries with that?”

• “[iPhone] just doesn’t matter anymore. There are now alternatives to the iPhone, which has been introduced everywhere else in the world. It’s no longer a novelty.” – Eamon Hoey, Hoey and Associates, April 30, 2008

• “We are not at all worried. We think we’ve got the one mobile platform you’ll use for the rest of your life. [Apple] are not going to catch up.” – Scott Rockfeld, Microsoft Mobile Communications Group Product Manager, April 01, 2008

• “Microsoft, with Windows Mobile/ActiveSync, Nokia with Intellisync, and Motorola with Good Technology have all fared poorly in the enterprise. We have no reason to expect otherwise from Apple.” – Peter Misek, Canaccord Adams analyst, March 07, 2008

• “[Apple should sell 7.9 million iPhones in 2008]… Apple’s goal of selling 10 million iPhones this year is optimistic.” – Toni Sacconaghi, Bernstein Research analyst, February 22, 2008

• “What does the iPhone offer that other cell phones do not already offer, or will offer soon? The answer is not very much… Apple’s stated goal of selling 10 million iPhones by the end of 2008 seems ambitious.” – Laura Goldman, LSG Capital, May 21, 2007

• Motorola’s then-Chairman and then-CEO Ed Zander said his company was ready for competition from Apple’s iPhone, due out the following month. “How do you deal with that?” Zander was asked at the Software 2007 conference. Zander quickly retorted, “How do they deal with us?” – Ed Zander, May 10, 2007

• “The iPhone is going to be nothing more than a temporary novelty that will eventually wear off.” – Gundeep Hora, CoolTechZone Editor-in-Chief, April 02, 2007

• “Apple should pull the plug on the iPhone… What Apple risks here is its reputation as a hot company that can do no wrong. If it’s smart it will call the iPhone a ‘reference design’ and pass it to some suckers to build with someone else’s marketing budget. Then it can wash its hands of any marketplace failures… Otherwise I’d advise people to cover their eyes. You are not going to like what you’ll see.” – John C. Dvorak, Bloated Gas Bag, March 28, 2007

• “Even if [the iPhone] is opened up to third parties, it is difficult to see how the installed base of iPhones can reach the level where it becomes a truly attractive service platform for operator and developer investment.” – Tony Cripps, Ovum Service Manager for Mobile User Experience, March 14, 2007

• “I’m more convinced than ever that, after an initial frenzy of publicity and sales to early adopters, iPhone sales will be unspectacular… iPhone may well become Apple’s next Newton.” – David Haskin, Computerworld, February 26, 2007

• “There’s an old saying — stick to your knitting — and Apple is not a mobile phone manufacturer, that’s not their knitting… I think people overreacted to it — there was not a lot of tremendously new stuff if you think about it.” – Greg Winn, Telstra’s operations chief, February 15, 2007

• “Consumers are not used to paying another couple hundred bucks more just because Apple makes a cool product. Some fans will buy [iPhone], but for the rest of us it’s a hard pill to swallow just to have the coolest thing.” – Neil Strother, NPD Group analyst, January 22, 2007

• “I can’t believe the hype being given to iPhone… I just have to wonder who will want one of these things (other than the religious faithful)… So please mark this post and come back in two years to see the results of my prediction: I predict they will not sell anywhere near the 10M Jobs predicts for 2008.” – Richard Sprague, Microsoft Senior Marketing Director, January 18, 2007

• “The iPhone’s willful disregard of the global handset market will come back to haunt Apple.” – Tero Kuittinen, RealMoney.com, January 18, 2007

• “[Apple’s iPhone] is the most expensive phone in the world and it doesn’t appeal to business customers because it doesn’t have a keyboard which makes it not a very good email machine… So, I, I kinda look at that and I say, well, I like our strategy. I like it a lot.” – Steve Ballmer, Microsoft CEO, January 17, 2007

• “The iPhone is nothing more than a luxury bauble that will appeal to a few gadget freaks. In terms of its impact on the industry, the iPhone is less relevant… Apple is unlikely to make much of an impact on this market… Apple will sell a few to its fans, but the iPhone won’t make a long-term mark on the industry.” – Matthew Lynn, Bloomberg, January 15, 2007

• “iPhone which doesn’t look, I mean to me, I’m looking at this thing and I think it’s kind of trending against, you know, what’s really going, what people are really liking on, in these phones nowadays, which are those little keypads. I mean, the Blackjack from Samsung, the Blackberry, obviously, you know kind of pushes this thing, the Palm, all these… And I guess some of these stocks went down on the Apple announcement, thinking that Apple could do no wrong, but I think Apple can do wrong and I think this is it.” – John C. Dvorak, Bloated Gas Bag, January 13, 2007

• “I am pretty skeptical. I don’t think [iPhone] will meet the fantastic predictions I have been reading. For starters, while Apple basically established the market for portable music players, the phone market is already established, with a number of major brands. Can Apple remake the phone market in its image? Success is far from guaranteed.” – Jack Gold, founder and principal analyst at J. Gold Associates, January 11, 2007

• “Apple will launch a mobile phone in January, and it will become available during 2007. It will be a lovely bit of kit, a pleasure to behold, and its limited functionality will be easy to access and use. The Apple phone will be exclusive to one of the major networks in each territory and some customers will switch networks just to get it, but not as many as had been hoped. As customers start to realise that the competition offers better functionality at a lower price, by negotiating a better subsidy, sales will stagnate. After a year a new version will be launched, but it will lack the innovation of the first and quickly vanish. The only question remaining is if, when the iPod phone fails, it will take the iPod with it.” – Bill Ray, The Register, December 26, 2006

• “The economics of something like [an Apple iPhone] aren’t that compelling.” – Rod Bare, Morningstar analyst, December 08, 2006

• “Apple is slated to come out with a new phone… And it will largely fail…. Sales for the phone will skyrocket initially. However, things will calm down, and the Apple phone will take its place on the shelves with the random video cameras, cell phones, wireless routers and other would-be hits… When the iPod emerged in late 2001, it solved some major problems with MP3 players. Unfortunately for Apple, problems like that don’t exist in the handset business. Cell phones aren’t clunky, inadequate devices. Instead, they are pretty good. Really good.” – Michael Kanellos, CNET, December 07, 2006

• “We’ve learned and struggled for a few years here figuring out how to make a decent phone. PC guys are not going to just figure this out. They’re not going to just walk in.” – Ed Colligan, Palm CEO, November 16, 2006

Related

Meta’s Zuckerberg dismisses Apple Vision Pro; ‘not the one that I want’
Thursday, June 8, 2023
In "News"

Mark Zuckerberg takes thinly veiled shot at Apple; implies Apple’s AR/VR headset will be very expensive
Thursday, October 13, 2022
In "News"

Zuckerberg panics, Osborne Effects Meta with rushed ‘Quest 3’ headset reveal
Thursday, June 1, 2023
In "News"

https://macdailynews.com/2024/02/14/mark-zuckerberg-tries-apple-vision-pro-claims-meta-quest-3-is-the-best-product-period/

[Agoura Guy]

"RETURN VISION PRO" IS A TRENDING SEARCH TERM!!!!!!

NO WONDER!!!!!!

SUCKERS!!!!!!!

[DiscoverGold]

Apple $AAPL Large uptick in Call Sellers
By: Cheddar Flow | February 14, 2024

• $AAPL Large uptick in call sellers

These traders are looking to collect the premium on these contracts

*Below the Ask*



Read Full Story »»»

DiscoverGold

[fung_derf]

You should be neither. This is one of those stocks you stop watching. It has become a forever stock, like some of the others in my portfolio.

[NinjaGalaxy36]

Can’t decide whether I’m bullish on it or not..
on one hand, this is Apple, there are more than 1 billion iPhone users worldwide, and they will probably stick to Apple devices and renew them somewhen
On the other hand, the company has lowest YoY growth compared to other companies like NFLX, MSFT, META and so on..

[$Green$]

Cover your shorts, here comes the Apple safe haven trade

[fung_derf]

WOW! Another great post by you!! Here's the beauty.....I'm not posting for your benefit, I post for others to read and realize how dumb you are. Doesn't surprise me at all that you can't make it through an entire post. Learning has never been your strong suit....
AAPL was around $41 pre-split when you made this post....today it's $188.
Ya wanna guess what VPLM has done since?

lbird33

Re: NewMoney post# 127142

Monday, May 28, 2018 7:12:54 PM

Post#
127144
of 146976
I would agree with you in most cases, your just wrong about this one.

I am also an Apple investor, but I'm not blind that a company like Apple and many large companies steal technology and try to bury the little guy in court costs. That is unacceptable.

[Investors3]

Gene Munster: Apple Vision Pro sales will be similar to iPad within the next decade
Thursday, February 8, 2024 5:56 pm
No Comments

After spending 48 hours with the Apple Vision Pro, Gene Munster has compiled a list of “trade-offs” facing the new spatial computer and spatial computing platform: price, weight, battery pack, prescription lenses, vision issues, and the cumbersomeness of guest mode which inhibits easy sharing /demoing to friends and family (in contrast to how easy it was to show off the first iPhones to neophytes).

Gene Munster for Deepwater Asset Management:

On day one, the iPhone was immediately useful and it was immediately obvious to me why I would buy one. I wanted desktop class internet in my pocket. I bought an iPhone on day one and have used one every day since.

The iPad has been different. It wasn’t immediately obvious to me how I would use an iPad instead of my Mac or my iPhone. I bought one and I use it from time to time, but I don’t use it daily. Given the lower utility, I upgrade my iPad less frequently.

On the spectrum of revolutionary Apple products over the past 25 years, Vision Pro lands somewhere the middle.

The iPhone (and other post-iPhone smartphones) is one of the highest utility tools humankind has ever created. It stands to reason that Apple, the creator of the category, is one of the largest companies in the world, and iPhone is its largest business (roughly 50% of revenue).

Based on a very limited scope of heavy usage and testing, I believe the Vision product segment will be bigger than Apple Watch (5% of Apple revenue) and smaller than iPhone (50%), similar to iPad (10%), within the next decade.

MacDailyNews Take: The Apple Vision Pro is currently limited because so much of its content was designed for 2D. It’s filled with flat iPad apps running in an OS, visionOS, that offers so many more possibilities. With the passage of time and as developers learn to think and design in 3D — as sculptors, not the poster makers they are today — the Vision Pro will achieve its full promise. That is when it will surpass iPad in revenue and, eventually, unit sales.

https://macdailynews.com/2024/02/08/gene-munster-apple-vision-pro-sales-will-be-similar-to-ipad-within-the-next-decade/#google_vignette
?

[Investors3]

Apple acquired 32 AI startups in 2023, the most among major tech companies
Thursday, February 8, 2024 12:36 pm
No Comments

According to a Statista report summarized by Stocklytics, Apple purchased 32 AI startup companies in 2023, a new record for the company as well as more than any other major tech company.

Edith Muthoni for Stocklytics:

According to Stocklytics.com, Apple purchased up to 32 AI startups by 2023, the highest number among tech giants.

In the overall AI startup acquisition, Google trails Apple with 21, Meta with 18, and Microsoft lags with 17.

Stocklytics financial analyst Edith Reads commented on the data:

In the ongoing AI arms race, Apple is making sizeable deals with many AI startups, putting it in a good spot for future tech developments even as its competitors, Microsoft and Google, make considerable investments in already established AI companies. By acquiring promising AI startups, Apple gains access to top-tier talent and innovative technologies and consolidates its foothold in crucial AI domains, ensuring a competitive edge in the rapidly evolving tech landscape.

MacDailyNews Take: As we wrote last month when Microsoft passed Apple in market value, “Apple is clearly behind in AI, especially generative AI, and is currently scrambling to catch up.”

https://macdailynews.com/2024/02/08/apple-acquired-32-ai-startups-in-2023-the-most-among-major-tech-companies/

[morokoy]

If you build it they will come.

[jimmirehman]

San Diego hospital system has purchased 30 Vision Pro units for its Spacial Computing center of Excellence. No reason Apple shouldn’t be hitting $350+pps by end of month.

[Agoura Guy]

APPLE PRO FOR DORKS!!!!!!!

[DiscoverGold]

Apple $AAPL is just so incredibly resilient around the 200D moving average
By: Barchart | February 5, 2024

• Apple $AAPL is just so incredibly resilient around the 200D moving average



Read Full Story »»»

DiscoverGold

[Investors3]

Apple Beats Q1 Revenue and Earnings Estimates Amid China Sales Drop, Shares Dip 3% in Early Trading
February 02 2024 - 08:47AM
IH Market News

The technology behemoth Apple (NASDAQ:AAPL) unveiled its quarterly outcomes following the market closure on Thursday, surpassing revenue and earnings expectations for the first quarter, yet facing a significant downturn in sales within China, one of the firm’s crucial markets. Apple’s shares are witnessing a 3% decrease in Friday morning’s trading activities.

* Earnings per share (EPS): $2.18 vs. estimated $2.10

* Revenue: $119.58 billion vs. estimated $117.91 billion

* iPhone revenue: $69.70 billion vs. estimated $67.82 billion

* Mac revenue: $7.78 billion vs. estimated $7.73 billion

* iPad revenue: $7.02 billion vs. estimated $7.33 billion

* Revenue from other products: $11.95 billion vs. estimated $11.56 billion

* Services revenue: $23.12 billion vs. estimated $23.35 billion

* Gross margin: 45.9% vs. estimated 45.3%

Although Apple exceeded expectations in most aspects, a 13% decline in sales in China was a point of concern. This market faced increasing competition from local companies, such as Huawei, and the decline was partly attributed to the strength of the dollar against the RMB (Chinese yuan).

Tim Cook, Apple’s CEO, highlighted that this December quarter had one less week compared to the previous fiscal year’s first quarter due to Apple’s corporate calendar. He also pointed to the steady growth of the company’s services business, which saw an 11% increase during the quarter, reaching $23.11 billion in revenue. Apple reported having 2.2 billion active devices in use, marking an increase from the previous year, which is seen as a positive indicator for the continued growth of the company’s services.

iPhone sales, boosted by the launch of the iPhone 15, grew nearly 6% to $69.70 billion but slightly fell short of revised expectations. Mac sales saw a less than 1% increase, recovering from a tough previous quarter. However, iPad sales continued their decline, dropping 25% during the quarter due to the absence of a new model launched in 2023.

Apple’s wearables business, which includes popular items like AirPods and Apple Watch, also faced challenges, recording an 11% year-on-year sales decline, amounting to $11.95 billion in revenue. This decline was attributed to a patent dispute with the medical device company Masimo, which led to a temporary removal of Apple Watches from Apple stores in December.

Overall, Apple remains a significant force in the technology market, reporting a net profit of $33.92 billion for the quarter, a 13% increase from the same period last year. The company also announced that it spent nearly $27 billion on dividends and share buybacks during the quarter. While facing challenges in certain markets, Apple maintains its solid stance and is gearing up to continue innovating and expanding its services in the upcoming quarters.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/93196206/apple-beats-q1-revenue-and-earnings-estimates-amid

[DiscoverGold]

Call Traders Buy Apple (AAPL) Stock's Post-Earnings Dip
By: Schaeffer's Investment Research | February 2, 2024

• The iPhone maker is brushing off a top- and bottom-line win

• Short-term options traders are more bullish than usual

Apple Inc (NASDAQ:AAPL) stock is brushing off a fiscal first-quarter top- and bottom-line beat, last seen down down 2% to trade at $183.15, due to shrinking China sales and jobs data stateside. Analysts are already making moves, with three cutting their price targets, including Piper Sandler to $190 from $205. Meanwhile, Monness Crespi Hardt and Jefferies hiked their objectives to $200 and $205.

AAPL earlier traded at its lowest level since November. The shares have since trimmed those losses, and are now testing their 200-day moving average, a trendline that caught pullbacks earlier last month. Year-over-year, AAPL maintains a 21.5% lead.

Call traders are viewing this pullback as an opportunity. So far today, 243,000 calls and 183,00 puts have been exchanged, or triple the intraday average volume. Most popular is the 2/2 185-strike call, where new positions are being opened. This means traders expect more upside for AAPL by the time these contracts expire at the close.

Short-term options traders have been more bullish than usual. This is per Apple stock's Schaeffer's put/call open interest ratio (SOIR), which ranks in the low 17th percentile of annual readings.

Read Full Story »»»

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[pepeoil]

Get ready for a run later this year.

“”””” Apple boss Tim Cook has revealed the tech giant will make a big announcement about generative AI features on its devices “later this year”.””””

[pepeoil]

Great buying opportunity. Buy the dips, sell the rips, Watch pepedaddy get rich

[Agoura Guy]

$180.52 -6.34 (-3.39%) ... APPLE STOMPERS CRUSHING THIS BLOATED POS!!!!!!!!!!!

[Agoura Guy]

THE TROUBLE WITH APPLE IS TIM COOK CAN'T THINK STRAIGHT!!!!!!!!!

[DiscoverGold]

Apple stock down $1.19 = $185.67 after earnings report as I post.

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[DiscoverGold]

Apple $AAPL Just Reported Earnings Double Beat
By: Evan | February 1, 2024

• APPLE $AAPL JUST REPORTED EARNINGS

EPS of $2.18 beating expectations of $2.10
Revenue of $119.6B beating expectations of $118.3B

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[vinsterr]

Gapper in 8 minutes? Down or up? ;)

[power11]

WHEN POWER11 SPEAKS.....PEOPLE LISTENNNNNNNNNN
130 IS COMING SENIOR; SO STOP DREAMING !!

[jimmirehman]

I don’t think you know how stocks works.

[pepeoil]

The only thing that you is mastered is how to lose money. You are very good at it

[pepeoil]

Bruh, put a plug in that jug and quit posting drunk. You have never been correct, ever

[power11]

WHAT YOU SHOULD HAVE BOUGHT IS FIVE 130 PUTS !!

[power11]

AAPL IS NOT GROWING FOR THE PAST 4 QUARTERS
THEY ARE SIMPLY USING THEIR CASH TO BUY BACK THEIR STOCK.
JUST WAIT FOR EARNINGS BUDDY. CHINA IS A DISASTER. DO YOUR DD.
130 IS COMING.

[power11]

YOU THINK 130 IS TO LOW ; THINK AGAIN !!
YOU AIN'T SEEN NOTHING YET : POWER11 SAY 130 AND 130 WITHIN 60 DAYS.

[Chartmaster]

Bought 5 Feb 16th, 200 call options here today at 1.40, markets are in melt-up mode!

[pepeoil]

Downgrade to $130? Bwahaaaaaaa

[Investors3]

Apple’s iOS 18 looks like the ‘biggest’ iOS update ever
Monday, January 29, 2024 9:30 am
No Comments

In a new report over the weekend, Bloomberg News‘ Mark Gurman says Apple sees iOS 18 as “one of the biggest iOS updates — if not the biggest — in the company’s history.”

Chance Miller for 9to5Mac:

In addition to the major new AI features, Gurman says “there’s a lot more” coming to the iPhone with iOS 18. “Apple’s head of software engineering, Craig Federighi, told employees last year that the OS — codenamed Crystal — will have ambitious changes all around,” Gurman reports.

“I’m told that the new operating system is seen within the company as one of the biggest iOS updates — if not the biggest — in the company’s history. With that knowledge, Apple’s developers conference in June should be pretty exciting.”

Gurman has previously reported that Apple is planning a number of new AI integrations throughout iOS 18… Still, it seems clear that Apple has a lot planned beyond its array of new AI features.

MacDailyNews Take: For the biggest iPhone ever, too!

Related

Report: Largest simultaneous launch of new Macs in Apple’s history coming June 11th during WWDC keynote
Monday, June 4, 2012
In "News"

One of Apple’s biggest product launch events ever happens at WWDC this June
Monday, April 17, 2023
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iOS 6 to feature system-wide Facebook integration, including ‘Liking’ App Store apps
Monday, June 4, 2012
In "News"

https://macdailynews.com/2024/01/29/apples-ios-18-looks-like-the-biggest-ios-update-ever/#google_vignette

[Investors3]

8 new apps from Apple’s next-gen CarPlay discovered in iOS 17.4 beta
Friday, January 26, 2024 5:03 pm

The first beta of iOS 17.4 released today references eight new CarPlay apps, which were discovered by MacRumors contributors Aaron Perris and Steve Moser.

:• Auto Settings: This app will let you manage paired iPhones and adjust vehicle settings.

• Car Camera: This app will display the vehicle’s rear-view camera feed.

• Charge: For electric vehicles, this app will display battery level, charging status, time remaining until the battery is fully charged, and more.

• Climate: This app will provide access to a vehicle’s climate controls within CarPlay, allowing you to adjust the temperature of the A/C or heating system, fan speed, heated seats, heated steering wheel, and more.

• Closures: This app will display if any of the vehicle’s doors are opened, and it might also display vehicle warning symbols.

• Media: This app will provide access to FM and AM radio station controls within CarPlay, along with other media options like SiriusXM. It is unclear if SiriusXM will offer satellite connectivity, or remain limited to internet streaming. Users will be able to select from a list of music genres, such as Top 40 and Rock.

• Tire Pressure: This app will display air pressure for each of the vehicle’s tires, and provide low pressure, high pressure, and flat tire warnings.

• Trips: This app will provide a variety of driving-related data, including the vehicle’s average speed, fuel efficiency or energy efficiency, the total time elapsed and distance traveled on a trip, and more.

?
MacDailyNews Take:

https://macdailynews.com/2024/01/26/8-new-apps-from-apples-next-gen-carplay-discovered-in-ios-17-4-beta/

[jimmirehman]

Yeah we will never see $AAPL at $130 again unless it’s due to a forward split.

[StockAutomate]

Great downtrend has been started, I am looking for $185 below as my FIRST TARGET! https://share.trendspider.com/chart/AAPL/80437y9u2fk

[DiscoverGold]

Apple $AAPL Something about that pesky $197 resistance...
By: TrendSpider | January 27, 2024

• $AAPL Something about that pesky $197 resistance...

The fate of Apple shareholders now lies in the hands of this Thursday's Q4 earnings report.



Read Full Story »»»

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[zdog]

Power and Agoura have one thing in common, their price predictions have ALWAYS been wrong.

If they actually invested as they urge other to, they have to be broke.

[DiscoverGold]

Apple (AAPL): Technical Analysis and Price Forecast
By: Bruce Powers | January 25, 2024

• Apple stock shows early signs of hitting resistance while Microsoft, a market leader, hits a $3 trillion market valuation, but a potential short-term pullback may happen soon.

Apple Inc. (AAPL)

From a technical perspective Apple stock has led the major indices as it broke out to new highs in June of last year. The indices have only recently made new highs. A new record high for Apple was reached in July at $198.23. A retracement to test support around the 200-Day MA followed in October.

Then again it was tested twice as support this month thereby setting up a double bottom reversal pattern. The subsequent rally off the lows started with an enthusiastic upside gap. Apple stock has since rallied to a high of $196.38 as of Wednesday, where it looks like it might encounter some resistance.



Apple Earnings on February 1

Apple reports 1Q earnings on Thursday, February 1. The company just had their first weekend of pre orders for their new Apple Vision Pro headsets priced at $3,499. There are reports that pre orders have sold out. Depending on whether demand stays strong, the long-term potential is a new product revenue stream for the company.

Apple Has Reached a Possible Resistance Zone

Given Wednesday’s price action Apple stock is at risk of a pullback or consolidation. It completed a 78.6% Fibonacci retracement on Monday and made a slightly higher high on Wednesday before closing weak, near the low of the day. A pullback to at least the 38.2% Fibonacci retracement at $190.24 would not be surprising as the 50-Day MA is close by at $190.53. Nevertheless, a new high target is at $204.91, That is a 127.2% Fibonacci extension of the most recent correction.

Read Full Story »»»

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[DiscoverGold]

Bull of the Day: Apple (AAPL)
By: Zacks Investment Research | January 25, 2024

Apple (AAPL) stock ended 2023 and started 2024 on a downbeat note as some analysts raced to outsmart themselves with various downgrades of the iPhone maker based on concerns about slowing growth in China and other headwinds.

Yet, Apple is up around 8% since January 5 and approaching its mid-December records heading into its Q1 FY24 earnings release on February 1. Apple’s recent wave of upward earnings revisions help AAPL earn a Zacks Rank #1 (Strong Buy).

Apple is certainly no hidden gem, but who cares? The moral of our story today is that it pays to keep it simple and buy shares of one of the true Wall Street titans as part of a healthy, well-rounded portfolio.

Apple is far more than an iPhone maker these days. Plus, AAPL is trading above all of its key short-term and long-term moving averages.

Recent Negativity

A few notable analysts downgraded Apple stock over the last month or so. Their concerns focused on slowing iPhone sales, with a particular focus on China, among wider fears about an increasingly saturated high-end smartphone market. There are also constant worries about legal battles regarding its App Store and more.

Apple is facing mounting competition from rival Huawei Technologies in the world’s second largest economy. AAPL is also suffering setbacks in the Chinese market, as are many other companies across various industries, due to the broad-based economic slowdown in China. Geopolitical fears play their part as well.


Image Source: Zacks Investment Research

AAPL’s overall sales declined YoY during the trailing four quarters, with total FY23 revenue down 2.8% (its third YoY decline in the last eight years).

Despite the mounting concerns about Apple’s business in China and its economy more broadly, AAPL’s revenue in China only slipped by roughly 2.2% in fiscal 2023 (vs. Apple’s wider 2.8% drop). Apple’s total iPhone revenue fell by over 2% last year, and smartphone sales climbed by 2.8% in the fourth quarter.

The iPhone and Beyond

Apple’s branding power remains nearly unmatched and its constant cycles of new phones and devices keep people wanting more. Many consumers upgrade to new iPhones and other devices habitually, even if there isn’t a game-changing difference, and would never think of leaving the Apple universe.

Apple sold $200 billion worth of iPhones in FY23 up from $142 billion in FY19. Apple’s long-term growth case is not difficult to make in a world full of smartphone addicts, especially as its subscriptions grow within its key services unit.

Chief executive Tim Cook has focused on transforming Apple beyond an iPhone maker by continually making money from its loyal and growing customer base. Apple’s services segment climbed by 9% in FY23 to account for 22% of sales, making it by far the biggest segment outside of iPhone.


Image Source: Zacks Investment Research

Apple said last quarter that it had an installed base of “over 2 billion active devices,” which “continues to grow at a nice pace.” AAPL’s services efforts go beyond its App Store and include Netflix and Spotify competitors, a subscription news offering, Apple Wallet, a video game platform, digital workout classes, and more.

AAPL finished its most recent period with “over 1 billion paid subscriptions across” its services, marking nearly double the number it had three years ago. On top of that, Apple has brought more of its chips in-house and it is quietly spending heavily on rolling out AI features in its smartphones and other devices.

Near-Term Outlook

Taiwan Semiconductor Manufacturing Company (TSM) reported upbeat results on January 18 and provided strong guidance that signals a return to growth for the smartphone market. Apple’s revenue is projected to climb by 3% in FY24 and jump 6% higher in FY25 to reach $418.36 billion vs. $383.29 billion in FY23.

Meanwhile, its adjusted earnings are projected to grow by 8% in FY24 and another 9% higher next year to come in at $7.19 per share. This would come on top of marginal EPS growth last year.


Image Source: Zacks Investment Research

Apple has topped earnings every period over the last five years outside of a small miss in the first quarter of FY23.

Better yet, Apple’s earnings revisions have trended higher over the last month for FY24 and FY25, with its most accurate/most recent estimates solidly above the already-improved consensus. The bottom line positivity helps it capture a Zacks Rank #1 (Strong Buy) right now.

Performance, Technical Levels & Valuation

AAPL stock is up around 8% since January 5 and it trades 6% below its average Zacks price target and around 2% under its mid-December records. The rebound took Apple back above its 50-day and 21-day moving averages and from oversold RSI levels to above neutral.

Apple shares have climbed by roughly 1,000% in the last 10 years to top Microsoft (MSFT) and blow away the Zacks Tech sector’s 275% run. Apple is only up 36% in the past three years vs. Microsoft’s 75%.

AAPL has also underperformed Tech during the last 12 months, which means it might be less overheated than some might assume.


Image Source: Zacks Investment Research

Apple is currently trading above its very long-term 21-month moving average and it appears far from overheated by historical RSI standards.

Valuation-wise, Apple trades at a roughly 20% discount to its five-year highs at 28.8X forward 12-month earnings and not too far above its median or Tech.

Bottom Line

Apple returned $25 billion to shareholders last quarter via buybacks and dividends. The firm is also still investing heavily in future growth endeavors such as artificial intelligence, EVs, and beyond.

Some investors might decide they would rather attempt to find the next Apple. But sometimes betting on the favorite works better than going with the underdog.

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[Greedy G]

~sold the 1/26 $200 calls @ market open for .21c :)

Reloaded same calls again just now @.16c

[Greedy G]

~re load 1/26 $200 calls @.14c

[Greedy G]

~sold @.33c

[golfer101mi]

Is Apple going to buy any company's in the near future? Is Apple going to completely get out of China & China labor?

[power11]

WHEN YOU HAVE FAKE MARKETS PROPED UP BY
ENDLESS MONEY PRINTING....VALUATIONS ARE OUT THE DOOR.
REALITY NOW IS A FOG !!

[Greedy G]

~bought 1/26 $200 calls @.25c

[DiscoverGold]

Apple $AAPL is spending a lot of money on Research and Development
By: Savvy Trader | January 22, 2024

• Apple $AAPL is spending a lot of money on Research and Development



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