Apple's rumored foldable "iPhone Duo" could cost $2,000 to $3,000. But the more interesting part of Apple's business is still Services. Services gross profit: $23.3B Products gross profit: $31.5B Services keep about 76 cents of every revenue dollar, versus about 40 cents for Products. A $3,000 iPhone gets the headlines, but Services are already generating nearly as much gross profit with much better economics. $Apple(AAPL)$
$Apple(AAPL)$ Some influencer called a move on Friday and a lot of his followers ended up taking a heavy loss. I got in at 1.09, which is a much lower price. I'm looking for some upside from the iPhone announcement.
$Apple(AAPL)$ I've never seen a stock other than Apple, and maybe a couple of others at most, that can shrug off hit pieces like they never happened. A Jefferies downgrade to sell, the MacBook cancellation, no all-glass iPhone due to low volume, that face tech lawsuit against Apple. Bam, bam, bam. Nothing.
$Cisco(CSCO)$ Easily one of the worst stocks to hold since Microsoft a few months back. I do think it'll get its turn eventually, but the last stretch has been rough.
Handing over the CEO role to John Ternus after a 15-year run. Market cap went from roughly $350B to about $4.6T over that stretch. I'm staying on as Executive Chairman to focus on global policy matters. The fundamentals and innovation pipeline still look strong, and the market's taking the transition well. $Apple(AAPL)$
$Amazon.com(AMZN)$ $NVIDIA(NVDA)$ $Alphabet(GOOGL)$ $Microsoft(MSFT)$ Anthropic has signed a $35 billion cloud-computing deal with Lambda, an Nvidia-backed cloud provider, according to the WSJ. The agreement will bring additional Nvidia GPU capacity online to support surging demand for Anthropic's Claude AI. It's another massive AI infrastructure commitment as Anthropic keeps scaling.
$Microsoft(MSFT)$ Similar pattern to last week's session: price dropped sharply on low volume, then volume suddenly spiked past a million. That kind of price and volume action doesn't look clean at all.