AAPL Sits Still on an Up Day for Wall St. - MOSK: 11.07.2024
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This is macos. Can how the U. S. Election might affect apple factors that might have held apple shares in place on wednesday, the new apple intelligence features for public testing peeps, that is thursday, the seven and november twenty twenty four. I can, ray.

And this is news from macs can brought to you by yours truly and sponsored by an cog me, helping you take back your personal data, get sixty percent of an annual plan with code macos can at incognito com slash Michael s. can. The show was also supported by people like you patrons through patria on find out more and that your support at patriot t calm ash macos can apple CEO.

Tim cook took to twitter on wednesday to congratulate the winner of the twenty twenty four U. S. Presidential election and a suitably conditio post, the CEO said, congratulations, president trump, on your Victory. We look forward engaging with you and your administration to help make sure the united states continues to lead with and be fuelled by genuine innovation and creativity.

Haven't spent much time on twitter for the past couple of years, but a lot of the replies to cook's well wishes were not pleasant, accusing apple of trying to throw the election in favor of vice president Harris and telling cook to be a good boy. Gracious Victory as ever. Perhaps because investors like as policies, or maybe because they just like certainty.

The markets and many stocks were through the roof on wednesday that, that was up fifteen hundred points. The NASA up five hundred forty four, microsoft of eight and three quarters, in video of five and three quarters, google up nearly seven, and apple, apple was down three quarters of a point. I cannot tell you why.

I can only offer a few reason as possibilities. Bloomberg says the E. U.

Was about to smack apple with another hefty fine. So that was one possible reason. Abi sua muted warning about future products. So that was there. And there was note from bernstein analysts tony psychology saying apple, another hardware companies, could be hurt by terms telegraphed by the president alleged seeking alpha belton article around second August note polling his quote, trump has pledged to raise tariff, proposing a universal tariff of ten to twenty percent across imported goods regardless of the country of origin, as well as a sixty percent tariff on all goods from china and as much as two hundred percent on goods from mexico, pointing out of the incoming administration might be able to raise terabits without congressional approval.

The analyst went on to say if apple did not raise Prices and volumes were unchanged, proposed trump tabs could negatively impact company grows profits by an estimated thirteen percent and earnings per share by a bug forty four or nineteen percent. The impact could be more pronounced of other countries such as china responded with their own tabs on U. S.

companies. Mister psychologie has not performed reading on apple shares. His Price target on the shares is two hundred forty dollars. Then interestingly, neil, cy, bert and above avalon, things abl might be able to slip, pass the care of trouble. Apple three, not.

Oh, and part of what he wrote on wednesday, a few weeks ago, as one excerpt, trump publicly retold the story of how apple was able to avoid tariff during his first term by agreeing to bring manufacturing back to the us. The writer says his expectation is that we will see a similar dynamic layout over the next four years. While trumble talk tough on tariff s, he will give exemptions to key U.

S. Companies such as apple. They play a role in elevating the U. S. As an innovation powerhouse. In return, apple will need to do more in terms of bringing manufacturing back to the us.

That part of the equation, though cyber doesn't address the parts, are china may well respond with tabs of its own speaking strictly business, the above avon peace, also these, a truman administration offering relief for apple from anti trust attack by the D. O, J, as well as more support for apple from the U. S.

Government against the european union. The second possible reason for apple's freeze on an amazingly up day for wall street was that muted warning about future products. I mentioned the financial times around the piece on tuesday saying apple has warned investors that future products may never be as profitable as its iphone business as IT pushes into an improving new markets such as artificial intelligence and virtual reality headsets.

IT is well, i'm not sure if its customer are requirement, to be honest. But every year in the annual report, the corporate ino company list risk factors. These are things that might negatively affect apple's business or bottom line.

Added to the lineup this time around, apple says new products, services and technologies may replace or supersede existing offerings and may produce lower revenues and lower profit margins, which can materially adversely impact the company's business results of Operations and financial condition. In other words, whatever ends up replacing iphone may not make as much money as iphone. He remember that story from yesterday, the one that have apple eying smart glasses.

One is love to wonder whether a risk like this might be tied to a product like that. We get to the third thing that might just stop apple shares in their tracks in the moment, but first award from today's sponsor. In cognitive ping, you take back your personal data.

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Cock me get sixty percent of an annual plan with code macos can at incognito com. Flash macos can. You've got plans for individuals as well as plans that cover friends and family. And they come with a thirty day money back guarantee. I N C O G. And I joined the huge number of people who have taken control of their personal data within cognate, get sixty percent of an annual plan with code macos can at incognito, come flash macos can. The third thing that might installed apple shares on wednesday with that piece from bloomberg, I mentioned the one that says the e was a to smack apple with another hefty fine, according to that sites.

Samuel stopping the corporate o company has said to face the first ever find under the european union new digital anti trust rules for big test, representing an escalation of a clash with regulators over the dominance of a hugely profitable APP store add issue, whether rapper allow developers to steer users to cheaper deals and offers outside the A P, P. Store regulators think to think they did not. That said, there is a lot of uncertainty around this story, including how big the fine will be and when IT might be laid.

The piece, as IT couldn't happen before a competition commissioner, margate, the esta, leaves her post. That's supposed happened at the end of this month, though while that may be too soon, the secret sources with whom bloomberg spoke do expect that to happen before the end of this year. As for how much, the report says under the law, eu regulators have powers to find the world's most powerful tech firms, ten percent of their global annual sales, twenty percent in the event of repeated infringements or a period.

Ic finds that as much as five percent of the average daily revenue news of a future expansion that comes with a built in rime. Apple insiders says apple pay is live in paraguay a blog post for master card indicates that the features has been flipped on with three institutions bango continental a to an un. O bank. And finally, today the public O S beta train is want to gun pulling out of the station or into IT mac rumors randevous wednesday saying the first data of I O S eighteen nine two ipad was eighteen two and macos fifteen thousand two had been seated to apple's public testing crew.

Yes, these are the ones with the fun A I staff like image playground, je og image playground, oh n ChatGPT integration for syria and visual intelligence for people with the device from the iphone sixteen line, if you waited to do the weight less, but the apple intelligent features NIO s eighteen, not one you will be familiar with, what comes next? Another weight? According to mac rumors, there is a secondary waiting list for early access to use.

Geog image playground and image warned you can sign up to get access in image playground or in the areas where you access gene mogi or image warned when you request access the piece as you're added to a weight less for all three capabilities and you'll get a notification when the features are ready for you to use. Michael s. Can brought to you by me and sponsored by incognito.

Sixty percent of an annual plan with code macos can at in cognate dot com slash macos can. The show was also supported by people like you, patrons through patron. Find out more in that your support at patron don't comes lash macos can advertising handle by backbeat media online that backbeat media dot com.

You can reach me a couple of ways. Info at maco west can come or call seven one six seven eight zero, four zero, eight zero. Until next time that is news from macos can. I can, ray.

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