aapl
fire starter
Posts: 186
|
Post by aapl on Apr 25, 2024 2:18:24 GMT -8
Apple is down slightly in the premarkets: 168.92 -$0.10 (-0.06%)
|
|
4aapl
Moderator
Posts: 3,657
|
Post by 4aapl on Apr 25, 2024 7:42:51 GMT -8
Apple's upward move of $2.12 was likely helped by the open source AI LLM models they released to developers today. More info here. Yes, I think that this is what Mr. Market has been wanting for from Apple. An indication that Apple is in the AI game. From Elon's book, he felt there is a huge advantage to having the data to train various AI systems. He felt Tesla and X had huge advantages from all of the data they had there. Apple should be able to have a similar advantage over time. It would be just one more of those "do you want to share non-personalized data with us to help make the service better?" questions, that probably gets 10-50% of the users. It's nice that AAPL is doing better than the market indexes, but I'd rather see green. (another thing with Elon's book was learning of his fascination with the name X (and trying to make it, this time and previously, an all encompassing banking/money/everything system), while also feeling most of the complex names for his kids are just screwed up. A rose by any other name may smell as sweet, but a complex legal name, or really anything spelled in a strange way, is just a thorn in the side.)
|
|
4aapl
Moderator
Posts: 3,657
|
Post by 4aapl on Apr 25, 2024 16:48:15 GMT -8
A bit quiet here lately. For AAPL, it's a quiet time for the stock before earnings, along with before an iPad related announcement and WWDC. But look at the magnificent 7! It's big homeruns or strikeouts. Tesla was up over 10% after earnings. Facebook was down more than 10%. Now Google is up more than 10%, and Microsoft comes to bat tomorrow. Microsoft is a much better comp to Apple these days, but we'll have to see. As for Google, they beat on revenue, beat on earnings by something like 24%, and announced their first ever dividend. I'm still slightly biased against Microsoft and Google, but that sounds pretty good. And we're still in that middle timeframe where interest rates are high, and growth varies, often favoring the big places that are set up well and thinking long term. Hopefully that helps Apple too. Microsoft should give a decent ideal, but some of these other places are still relative newcomers. It's just a different mindset, and so a different set of expectations and P/E range. Alphabet stock surges on earnings beat, dividend announcementYou decide how much is AI, how much is dividend, how much is buybacks, how much is revenue, and how much is earnings. Lots of positives. But probably more skewed towards AI and earnings, with benefits from the others, maybe with gaining a dividend in the lead.
|
|