Dave
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"It's tough to make predictions, especially about the future." Yogi Berra
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Post by Dave on Jun 9, 2020 2:43:26 GMT -8
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Dave
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"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 9, 2020 2:51:31 GMT -8
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Dave
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"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 9, 2020 3:03:12 GMT -8
Premarket: Apple is redAfter looking at yesterday’s chart the close was very positive, as people did not want to be out of this stock overnight. Let’s see how this day works out.
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chinacat
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AAPL Long since 2006
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Post by chinacat on Jun 9, 2020 5:52:20 GMT -8
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Post by socal Film Composer on Jun 9, 2020 5:56:44 GMT -8
This is kind of huge - their work on custom CPUS for mobile integrated into the whole product will be accretive to earnings, and cost IMO - no longer a need to send all the $$ to Intel. But more exciting are the specs of the new chip - i..e. 8 cores, plus 4 energy efficient cores - wow. Sounds like laptop paradise - i.e. on battery long life, and plugged in a super computer with 12 cores.
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4aapl
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Post by 4aapl on Jun 9, 2020 6:31:26 GMT -8
This is kind of huge - their work on custom CPUS for mobile integrated into the whole product will be accretive to earnings, and cost IMO - no longer a need to send all the $$ to Intel. But more exciting are the specs of the new chip - i..e. 8 cores, plus 4 energy efficient cores - wow. Sounds like laptop paradise - i.e. on battery long life, and plugged in a super computer with 12 cores. Their switchover to Intel processors in 2006 was a little different, since the underlying UNIX system had been ported for years. I believe I have a INTEL version of Rapsody around here in a box somewhere, which I think came out back before Apple released OS X, and was around the time OS X Server came out. Anyways, they worked on it for a long time, at a low level. That being said, we had an Intel iMac in a special secluded lab, a converted storage room, for just a few months before the first Intel iMacs were announced. To put it in perspective, they were announced (I think it was a delayed thing, coming out in the summer after WWDC) at MacWorld a couple weeks into January, but I still ordered a PPC based one on December 31st. In the long run, especially now days with programming practices, the underlying processor doesn't have to affect everything. I'm sure Apple has had a few systems running their own processors for ages, just as they occasionally had ones for other chips like exponential back around '97 or '98. It will be a move, and it will take some extra work and QA, but based on past changeovers and what Apple surely learned from those, it shouldn't be as big of a deal. I just came across some of my notes, maybe from Carbon, the dropping of certain things when Apple was moving Mac OS 9 into Classic. OTOH, it does bug me that many older applications no longer work in 10.15 Catalina. I don't have a need to use most, like Toast which I never ran after buying it on one of those "13 apps for $50" type deals. But, it also knocked out my old copy of Excel, which I do have occasion to run. Oh well, progress. Nice move up AAPL
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Post by aaplcrazie on Jun 9, 2020 6:54:17 GMT -8
Now Hear This! Now Hear This! Artman Report to your Duty Station I say Again.....
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Post by artman1033 on Jun 9, 2020 7:02:16 GMT -8
AAPL ALL TIME HIGH!$345.61All Time Highest TODAY intraday 35,394,897
shares traded today AAPL ALL TIME HIGHEST CLOSE!$343.99aaplinvestors.net/stats/rank/AAPL market CAP. +1.489 TRILLION AAPL ALL TIME HIGH market CAP. +1.489 TRILLION TODAY +$1.489 TRILLION
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Post by aaplcrazie on Jun 9, 2020 7:04:45 GMT -8
Artman Welcome Back! I'll Have the SAR Bird stand down....
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Post by hyci004 on Jun 9, 2020 7:16:46 GMT -8
This is kind of huge - their work on custom CPUS for mobile integrated into the whole product will be accretive to earnings, and cost IMO - no longer a need to send all the $$ to Intel. But more exciting are the specs of the new chip - i..e. 8 cores, plus 4 energy efficient cores - wow. Sounds like laptop paradise - i.e. on battery long life, and plugged in a super computer with 12 cores. Margin will improve by using in house CPUs. Also, Apple is no longer on Intel’s CPU release schedule which is huge.
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Post by Lstream on Jun 9, 2020 7:37:44 GMT -8
This is kind of huge - their work on custom CPUS for mobile integrated into the whole product will be accretive to earnings, and cost IMO - no longer a need to send all the $$ to Intel. But more exciting are the specs of the new chip - i..e. 8 cores, plus 4 energy efficient cores - wow. Sounds like laptop paradise - i.e. on battery long life, and plugged in a super computer with 12 cores. Margin will improve by using in house CPUs. Also, Apple is no longer on Intel’s CPU release schedule which is huge. I certainly see this benefit and others. What I am having a hard time understanding is how challenging the software transition is going to be. For users that need more than a clamshell version of an iPad. Serious apps are pretty crippled on the Arm right now. Office 365 for example. I can see it being a long wait for users who need the full power of a Mac.
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Post by Lstream on Jun 9, 2020 7:45:20 GMT -8
Note that we are at $340 today. $200 per share higher than one of the more infamous predictions on what Covid was going to do to AAPL😈
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macster
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Post by macster on Jun 9, 2020 8:32:42 GMT -8
Whee!!! Will we close above $344?
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walterwhite
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"I am the one who knocks!"... Albuquerque, NM
Posts: 346
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Post by walterwhite on Jun 9, 2020 9:15:13 GMT -8
Lstream actually looks like we last heard from the absorbent one in late jan... before covid really hit
i wonder if he kept his AAPL puts and sold them for profit at the lows in the $220s in march?
naaaah, he probably sold at a loss once the 12% drop on earnings that he predicted didn't materialize... then maybe even bought stock at the highs due to fomo can't wait for the return of the messiah in jan 2021 as promised below, to tell us once again tim cook needs to be fired
I will post once and come back in 12 months. Yes my target numbers have not been accurate from my Sept weekly thread. but I can afford to be wrong by a few months being in cash and now in puts. Apple going up 110 points since then made me excited about the opportunity that the incoming crash will bring and scared at the same time. Many will lose billions Those who bought 10 years ago will feel serious pain. TC needs to be fired. He said minimal impact in China and they are simply starting sterile efforts in China stores. Since he loves Chinese data and relied on its government for permission, he waited until after market close on Friday to announce all store closures. Keep in mind what happened last time all stores were open but for some crazy reason sales dropped 20% in China alone. If you think they will open stores in one week I have a bridge to sell you. There is plenty of data on the net about the virus outbreak. Those who think this is just another flu will be sadly mistaken. Yes we could look at least 20 million deaths in 12 months or sooner. I see a 12% drop next week and stock will be halted at least 2 times this quarter with letters about restatement of sales for Q2. Won’t bore you with TA numbers but a p/e of 26 when net income up $2 billion in 2 years should make many pause. Just look at what happened to p/e when it was this high. Tim Cook should have listened to many who said get out. For profits and his love of socialism and communism he chose the latter. I would get out and follow my advise on Apple. We are in a world of hurt that will last for 2-4 years.
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4aapl
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Post by 4aapl on Jun 9, 2020 9:56:10 GMT -8
I can see it being a long wait for users who need the full power of a Mac. The lower risk way of moving over while still giving options is to start at the low end or specific entries. Take something like the low end MacBook air, or MacBook. They put intel core m3's in some of the lowest end. OTOH, Apple knows to not move everything over if they weren't ready. But, if the performance is there and waiting, at least at some of the levels, then there isn't really a reason not too. Across most Apple hardware, price of the processor isn't likely the driving factor. They might save a little in the long run, but I'm sure the bigger driver is having more control in the product line. And since they've been rocking it for so long on the mobile processors, it sure looks like their team is ready for the next step. I believe the mobile processors have been benched to outperform some of Intel's lower to mid range processors for the past couple years.
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Post by Lstream on Jun 9, 2020 10:07:07 GMT -8
I can see it being a long wait for users who need the full power of a Mac. The lower risk way of moving over while still giving options is to start at the low end or specific entries. Take something like the low end MacBook air, or MacBook. They put intel core m3's in some of the lowest end. OTOH, Apple knows to not move everything over if they weren't ready. But, if the performance is there and waiting, at least at some of the levels, then there isn't really a reason not too. Across most Apple hardware, price of the processor isn't likely the driving factor. They might save a little in the long run, but I'm sure the bigger driver is having more control in the product line. And since they've been rocking it for so long on the mobile processors, it sure looks like their team is ready for the next step. I believe the mobile processors have been benched to outperform some of Intel's lower to mid range processors for the past couple years. Oh, I certainly believe Apple is ready. My comment relates to how long it will get important third party apps ready to support this platform. I also agree with the staged approach. I think this is going to usher in even more impressive form factors with low weight and serious differentiation.
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4aapl
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Post by 4aapl on Jun 9, 2020 10:24:46 GMT -8
The lower risk way of moving over while still giving options is to start at the low end or specific entries. Take something like the low end MacBook air, or MacBook. They put intel core m3's in some of the lowest end. OTOH, Apple knows to not move everything over if they weren't ready. But, if the performance is there and waiting, at least at some of the levels, then there isn't really a reason not too. Across most Apple hardware, price of the processor isn't likely the driving factor. They might save a little in the long run, but I'm sure the bigger driver is having more control in the product line. And since they've been rocking it for so long on the mobile processors, it sure looks like their team is ready for the next step. I believe the mobile processors have been benched to outperform some of Intel's lower to mid range processors for the past couple years. Oh, I certainly believe Apple is ready. My comment relates to how long it will get important third party apps ready to support this platform. I also agree with the staged approach. I think this is going to usher in even more impressive form factors with low weight and serious differentiation. I don't know how Apple is doing it this time, nor really anything on the specifics of how the different layers of things work in the current Mac OS. The question is how many apps directly talk to the processor, and thus the way they communicate with it is important, vs how many go through at least one level of obscurity. My limited understanding is that most things don't communicate directly, just as assembly code isn't used in most instances. With PC processors these days, you don't need to worry about that. At least that's my understanding/guess. I'm sure Apple has been thinking about this for ages. Another guess is that the recent culling of older applications (non-64-bit I think) also helped with this move over. But I guess instead of just taking guesses in the dark, we can just wait for WWDC. I'll bet there will be at least two demos of "how easy it is to port over", just as there was back at the move to Intel. Then, I think it might have been Mathmatica and the Quake or Unreal engine.
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Post by socal Film Composer on Jun 9, 2020 10:24:50 GMT -8
Margin will improve by using in house CPUs. Also, Apple is no longer on Intel’s CPU release schedule which is huge. I certainly see this benefit and others. What I am having a hard time understanding is how challenging the software transition is going to be. For users that need more than a clamshell version of an iPad. Serious apps are pretty crippled on the Arm right now. Office 365 for example. I can see it being a long wait for users who need the full power of a Mac. I agree on the margin improvements - and more importantly AAPL will be able to truly DIFFERENTIATE their computers away from the intel competition - For software - I'm VERY curious to the tools and tech they will introduce at WWDS - for converting code from Intel to ARM - I do recall they had already offer developer tools a few WWDCs ago to do the reverse (i.e. take IOS apps over the Mac) - but this will be much more interesting for sure! But when you look at the power of their arm chips in a TINY phone and how amazing they are, I get super excited - even on the high-end computing front.
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chinacat
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AAPL Long since 2006
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Post by chinacat on Jun 9, 2020 11:56:20 GMT -8
I certainly see this benefit and others. What I am having a hard time understanding is how challenging the software transition is going to be. For users that need more than a clamshell version of an iPad. Serious apps are pretty crippled on the Arm right now. Office 365 for example. I can see it being a long wait for users who need the full power of a Mac. Perhaps you are correct, but my expectation is that Apple will not be using generic ARM chips, but rather designing custom chips using the ARM framework, similar to what they have done with the current A series chips. See How ARM has already saved Apple - twice. Don’t forget that Tim Cook is an operations genius and has been working with ARM for years. In Tim I trust.
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benoir
fire starter
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Posts: 1,318
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Post by benoir on Jun 9, 2020 12:04:32 GMT -8
Artman is back in business!
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Post by aaplcrazie on Jun 9, 2020 12:14:35 GMT -8
There was one truly weird glitch in the Matrix when for a second right at the close it showed the After Hours price at $332 something ie -$11.00.... Yikes
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,091
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Post by Dave on Jun 9, 2020 12:17:13 GMT -8
Whee!!! Will we close above $344? Oh, so very, very close.
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Post by artman1033 on Jun 9, 2020 12:23:52 GMT -8
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Post by Lstream on Jun 9, 2020 13:11:50 GMT -8
I certainly see this benefit and others. What I am having a hard time understanding is how challenging the software transition is going to be. For users that need more than a clamshell version of an iPad. Serious apps are pretty crippled on the Arm right now. Office 365 for example. I can see it being a long wait for users who need the full power of a Mac. Perhaps you are correct, but my expectation is that Apple will not be using generic ARM chips, but rather designing custom chips using the ARM framework, similar to what they have done with the current A series chips. See How ARM has already saved Apple - twice. Don’t forget that Tim Cook is an operations genius and has been working with ARM for years. In Tim I trust. Oh for sure, this is the right thing to be doing. Thing is, I will likely want one bad when announced. But I expect a staged product, where the first one won't be suitable for my needs
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Post by aaplcrazie on Jun 9, 2020 13:35:26 GMT -8
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Post by Lstream on Jun 9, 2020 14:01:04 GMT -8
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benoir
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Post by benoir on Jun 9, 2020 17:35:48 GMT -8
Oh yes you have! I do prefer your posts that make heavy use of the green spectrum
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chinacat
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AAPL Long since 2006
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Post by chinacat on Jun 11, 2020 9:30:13 GMT -8
Thanks for the pointer. Hadn't gotten to Gruber for a few days, and this was one not to miss.
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