$Apple(AAPL)$ I don't really get why AAPL is trading this low today. The company keeps buying back shares almost every quarter and still pays dividends. Their consistency is hard to match.
$Apple(AAPL)$ Still waiting for a proper response from Apple's PR side on this. A $5 trillion company, and there's just silence. Can't really figure out their angle here. Honestly, it feels like the same old playbook that gets rolled out against Apple around this time every year. Jefferies' take will probably fall apart once earnings come through, same as it always does. What I don't get is why the crowd keeps ignoring what Munster has been saying. The rush to get back into AAPL will likely kick in any day now, and the path toward $400 still looks intact.
$Apple(AAPL)$ That downgrade looks like nonsense to me. The issue was already covered during the conference call, and with the quarterly dividend, this feels more like a decent buying opportunity.
$Apple(AAPL)$ Noticed a large short-dated call buyer stepping in on AAPL. A single 5-minute candle just printed 4,767 contracts of the 8/14 $307.5C, all bought at the ask. That one candle alone carried roughly $1.06M in premium, and the contract has pulled in around $3.18M in total premium today. Volume is sitting at 12,972 versus open interest of 11,223. Aggressive call buying heading into this week's expiry. Keeping an eye on AAPL for continuation.
Berkshire's Q2 update dropped. They net bought about $20B in stocks, and roughly half of that — around $10B — went straight into GOOGL. Top five holdings as of the end of June: $Alphabet(GOOGL)$ , $American Express(AXP)$ , $Apple(AAPL)$ , $Bank of America(BAC)$ , KO. Alphabet is now officially in the top tier. Interesting shift after years of being mostly a net seller.
$Apple(AAPL)$ Apple reportedly hit over $10 billion in annual sales in India for the first time, driven by demand and retail expansion. Revenue grew at a double-digit percentage rate in the 12 months through March, up from about $9 billion a year earlier, according to the article citing a person familiar with the numbers. Most of the sales were driven by the iPhone, while demand for iPads and MacBooks also picked up. Apple has not confirmed the reported total. Apple's business in India is still relatively tiny compared with its global operations, but its relevance is growing as the company hunts for demand outside the U.S. and China. It currently has six official stores in India, after establishing another one in Mumbai in February. The count
$Apple(AAPL)$ Apple's buyback at these lower levels should benefit long-term holders. DJT added more AAPL, so Apple likely gets a pass to buy memory chips from Chinese companies for the China market. It is a non-issue. The real driver behind the sell-off seems to be that Scott Bessent knew going into the Camp David meeting that Japan was selling US Treasuries to buy back the yen, which happened on 7/30-7/31. The Bank of Japan likely notified Bessent through back channels even earlier. That is why JPM, Goldman Sachs, and BOA started demanding extra collateral from highly leveraged hedge funds earlier in the week. He probably tipped off the Wall Street big players before the NY Fed used Goldman Sachs and MS to bu
$Apple(AAPL)$ 350Looks like things could turn around soon, so I'm holding and planning to keep buying over the next few days. Feels similar to what happened with Google and even META when they bounced back. The Apple buyback announcement should serve as a signal for the sellers.
$Apple(AAPL)$ It's hard not to find this market interesting. For years, Apple squeezed Micron on pricing and treated its CEO poorly. Now the tables have turned — Micron has the upper hand over Apple when it comes to pricing and supply leverage, and is projected to net 200B by 2028, far more than Apple with a 15% CAP. Apple used to use its massive buying power to push memory suppliers into razor-thin margins. With explosive AI-driven demand causing a severe global memory shortage, that traditional supply-chain leverage is completely gone.