aapl
fire starter
Posts: 267
|
Post by aapl on Jul 22, 2024 2:01:58 GMT -8
Apple is up in the premarkets: 225.59 +$1.28 (+0.57%)
|
|
Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,313
|
Post by Dave on Jul 22, 2024 4:37:29 GMT -8
|
|
4aapl
Moderator
Posts: 3,845
|
Post by 4aapl on Jul 22, 2024 6:29:16 GMT -8
I think previously it has been reported that all of Bitcoin and other variants only had a total market cap of ~700M. At the time that would have been 1/4 or 1/5 of just Apple. I don't know if that was total market cap, or just the commonly traded portion of coins out there. Either way, being a fractional size of any of the mega caps puts it into perspective. OTOH, I attended a friend's family investment club meeting last night. There was so much emphasis on "what they liked" currently. I think most had a main position that they just sat on and this is trading around the edges, but it's a whole different perspective if you are always looking for other things, across all different fields. But I guess that is the generalist vs expert type of dichotomy, where normally I like being the generalist that knows a good amount of a whole lot of things, but in this case I just feel much more comfortable feeling I know a lot about Apple and AAPL. A verizon article talks about people holding onto their phones longer, but it says the new AI phones could change that: Verizon misses quarterly revenue estimates on slow phone upgrades
|
|
|
Post by zebrum on Jul 22, 2024 7:53:40 GMT -8
FYI it's impossible to calculate market cap of bitcoin because no one knows how many are lost, when the term is in the media they usually just means the last month or so trading volume which doesn't really make sense.
|
|
|
Post by CdnPhoto on Jul 22, 2024 7:57:57 GMT -8
|
|
|
Post by aaplcrazie on Jul 22, 2024 11:22:58 GMT -8
![EU Send in The Clowns](https://images.macrumors.com/t/oudM3Ut2XGY-1sG1aFh6HnCU8fU=/800x0/article-new/2024/07/bsod.jpg?lossy) Oh Hilarious! In a statement to The Wall Street Journal, Microsoft blamed the European Commission for an inability to offer the same protections that Macs have. Microsoft said that it is unable to wall off its operating system because of an "understanding" with the European Commission. Back in 2009, Microsoft agreed to interoperability rules that provide third-party security apps with the same level of access to Windows that Microsoft gets. Microsoft agreed to provide kernel access in order to resolve multiple longstanding competition law issues in Europe. The Falcon software was not able to wreak similar havoc on Macs because Apple does not give software makers kernel access. In macOS Catalina, which came out in 2020, Apple deprecated kernel extensions and transitioned to system extensions that run in a user space instead of at a kernel level. The change made Macs more stable and more secure, adding protection against unstable software updates like the one CrowdStrike pushed out. It is not possible for Macs to have a similar failure because of the change that Apple made. On Windows machines, CrowdStrike's Falcon security software is a kernel module, which gives the software full access to a PC. The kernel manages memory, processes, files, and devices, and it's basically the heart of the operating system. Much of the software on a PC is typically limited to user mode, where bad code can't cause harm, but software with kernel mode access can cause catastrophic total machine failures, like what was encountered last week. Via www.macrumors.com/2024/07/22/microsoft-blames-european-commission-for-outage/
|
|
4aapl
Moderator
Posts: 3,845
|
Post by 4aapl on Jul 22, 2024 16:59:33 GMT -8
A little disappointing to end up barely in the red after a +1% day, where the market averages held positive. But such is life, and the RSI dropped to 56.5. Retraces happen.
An article says Cathy Woods picking up 12M in CrowdStrike. Not that we care. An article says she made her mark in 2020, but it seems she has been striking out since then. Time will tell. Sometimes being a contrarian works. Other times, or for other people, not so much.
It's nice to see some price targets increase. The next two or three earnings will really be telling. But we may have a fun run around iPhone announcement too.
|
|
mark
fire starter
Posts: 1,624
|
Post by mark on Jul 22, 2024 18:59:11 GMT -8
FYI it's impossible to calculate market cap of bitcoin because no one knows how many are lost, when the term is in the media they usually just means the last month or so trading volume which doesn't really make sense. Apparently there are under 21 million of them (not all mined yet, but in the process constantly). And a few thousand or tens of thousands have been lost by losing the secure keys. So the maximum total current value of them is somewhere under 21 million x $67k. There's no real need for the number to be exact because it's so volatile that it changes every day (every minute even since it is traded 24x7). Looks like 19.8 million out there in wild minus some that were lost as mentioned above.
|
|