Apple (AAPL) 06 (Aug 23 - Dec 26)

[winston]

not vested

Apple on Tuesday (Sep 10) lost its fight against an order by EU competition regulators to pay 13 billion euros (S$18.7 billion) in back taxes to Ireland as part of an EU crackdown against sweetheart deals between EU countries and multinationals.

The European Commission issued the order in 2016, saying that the iPhone maker benefited from two Irish tax rulings for over two decades that artificially reduced its tax burden to as low as 0.005 per cent in 2014.

Apple had said the record EU tax order defied reality and common sense.

Ireland, whose low tax rates helped it to attract Big Tech to set up their European headquarters, had also challenged the EU ruling.

Source: OCBC

[behappyalways]

Is it difficult for i16 to start the replacement trend?
Foreign media bluntly said after actual testing: Apple AI is not ready yet...
Chinese Apple Intelligence will have to wait until next year

i16難掀換機潮?外媒實測後直言:蘋果AI還沒準備好...中文Apple Intelligence要等到明年｜非凡財經新聞｜20240910

https://m.youtube.com/watch?v=Q4hvpiZjnRY

[behappyalways]

Lose means lose! Trump and Apple don’t have to pretend!

24.09.10【豐富│東南西北龍鳳配】Pt.1 輸就是輸！川普、蘋果都不必裝了！

https://m.youtube.com/watch?v=3OVd2cxPB_Y

[behappyalways]

Apple Slips On Pre-Order Analysis Showing Weak iPhone 16 Pro Demand
https://www.zerohedge.com/markets/apple ... e_vignette

[behappyalways]

No AI-Fueled Upgrade Supercycle? Apple iPhone 16 Discounts Offered At Major Chinese Online Retailers
https://www.zerohedge.com/technology/no ... ese-online

[winston]

not vested

Apple Inc (AAPL US)
Recommendation : HOLD
Fair Value : USD 228.00

Encouraging development but early days for Apple Intelligence still.

FY3Q24’s (financial quarter ending June 2024) results were above expectations, but China remains in a soft patch

Installed base of active devices reached an all-time high, laying strong foundation for future expansion

Apple’s artificial intelligence (AI) offerings are encouraging, but unlikely to be significant share price driver in the near-term

Apple has established its dominant position in the consumer electronics industry with a focus on a premium ecosystem of tightly integrated hardware, software, and services.

Apple operates across various categories consisting of
(i) iPhone,
(ii) Mac,
(iii) iPad,
(iv) Wearables, Home and Accessories, and
(v) Services.

Its flagship iPhone serves as the cornerstone of the ecosystem, where its other products such as Mac, iPad and Apple Watch are designed around it.

This allows Apple to exert pricing power, create switching costs and benefit from network effects.

Apple’s products become even more entrenched when a customer adopts multiple products.

Additionally, Apple has progressively worked to expand its portfolio by adding new applications, such as streaming video, subscription bundles and augmented reality.

We view Apple as a business with a wide moat, as its ability to lock customers within its ecosystem helps generate strong profitability.

Source: OCBC

[behappyalways]

#iPhone16 hits #China.
Fans lined up at 5:30am at @Apple store in Beijing for early 8am open.
Scalpers offered to buy Pro Max from customers at mark-up of $70 for black or white, $42 for desert titanium.
$AAPL online orders for Pro Max backlogged 2-3 weeks.

https://x.com/onlyyoontv/status/1837117731658760362

[behappyalways]

A good watch

Is Huawei’s foldable phone simply meant to humiliate Apple?

'24.09.17【豐富│東南西北龍鳳配】Pt.3 華為的折疊機，單純就只是要羞辱「蘋果」？
https://m.youtube.com/watch?v=NqQNOaihNU4&t=917s

[behappyalways]

Barclays Analysts Find "Weak" iPhone 16 Demand After Supply Chain Check
https://www.zerohedge.com/technology/ip ... y-supplier

[behappyalways]

Is the iPhone 16 not selling well?
Ming-Chi Kuo reveals that two models are lagging behind.
Largan's production capacity is rarely at full capacity before it is released for a full month!
This year's peak is ahead of schedule?
A French statement on the 17th clarified doubts

iPhone16賣不好? 郭明錤曝2款機型拖後腿 上市沒滿月大立光產能罕見未滿載! 今年高峰提前? 17日法說釋疑｜非凡財經新聞｜20241011

https://m.youtube.com/watch?v=MlB3h0irAIc