iPhone Demand & Growth - iPhone demand is expected to outpace the Street's expectations by approximately 3%, with expectations of 10% growth compared to the Street's 7% for the next three quarters [2] - A significant iPhone upgrade cycle, reminiscent of the 39% growth year, is anticipated to drive better iPhone numbers [3] - The resurgence in iPhone sales in the last two quarters, coupled with positive guidance for December, highlights customer commitment to the Apple platform [17] Apple Intelligence & AI Strategy - Anticipation for Apple Intelligence and the next Siri iteration is expected to expand the company's multiple [4][5] - Apple is open to leveraging multiple large language models, including Gemini, for its AI efforts [7][8] - Modest increase in capital expenditure and expenses related to AI, expected to be a few billion dollars, is anticipated [10] Regulatory Landscape - Regulatory concerns surrounding Apple have been diminishing [12] - Potential acquisition of companies like Perplexity by big tech faces regulatory challenges [13][14] Investment Outlook - Apple is expected to be the best-performing MAG 7 stock until the end of the year [1] - Investors are likely to grant Apple time to refine its AI offerings, particularly Siri [15][16][18]

What is it that was so good, given the fact that this really is a hardware story, not necessarily a technology story, which is what's going on with the rest of the tech world. Sure. I mean, look, if you look services that continues to be Rock of Gibraltar for them and that, you know, mid-teen growth.I think that some from a multiple perspective that investors are really focused on. But the reality is we've talked about so many times in the show over the years, like other cycles have been disappointing from ...

The lone analyst with a sell rating on fire serve ahead of the companies crushing stock sell off says the writing was on the wall for months. Rothschild analyst Dominic Ball says he still has the sole sell rating on Fire Serv. We can see that on the Bloomberg terminal using the and our function.When he downgraded the stock earlier this year, he cited issues with its clover product, a point of sale system writing financial solutions is decelerating and so the issue seems more systemic across five serve. And ...

EQUITY FUTURES HIGHER ON THE S&P FUTURES, YIELDS MARGINALLY HIGHER ON THE 10 YEAR AND CRUDE CONTINUING TO FALL. THE REAL QUESTION HERE WITH THE OVERSUPPLY, EARNINGS FROM OIL GIANTS ARE CROSSING AT THIS HOUR AND EXXON SHARES LOWER. CHEVRON RISING AFTER POSTING STRONG RESULTS, JOINING US NOW IS THE HEAD OF RESEARCH.DAN, THANK YOU FOR BEING HERE. I'M WONDERING WITH OIL GIANTS WHAT IT TELLS YOU ABOUT THE PATH OF PRODUCTION IN THE MONTHS AND YEARS TO COME. DAN: THE EARNINGS HELP US TO CHECK IN ON THE KEY ASSUMPT ...

President Trump has wrapped up his time here in Asia, signing deals at every stop. It was all part of a bid to bolster the US's position ahead of that highly anticipated meeting with Chinese President Xi Jinping at the end of the visit. President Trump started in Malaysia and finalized framework trade agreements with the host country as well as Thailand, Vietnam, and Cambodia.Though light on details, the accords outline how the countries will roll back their own tariffs and regulations on US goods while bro ...

>> IT IS 5:00 A. M. IN NEW YORK CITY.I AM VONNIE QUINN WITH YOUR BLOOMBERG BRIEF. APPLE SEES A BLOCKBUSTER HOLIDAY SEASON WHILE AI POWERS AMAZON'S FASTEST GROWTH IN YEARS. FORGING AHEAD IN ASIA.NVIDIA STRIKES DEALS WITH SOUTH KOREA'S BIGGEST COMPANIES AND JENSEN HUANG SAYS HE HOPES TO SELL BLACKWELL CHIPS TO CHINA. NEXT UP IN EARNINGS, EXXON AND CHEVRON ON DECK LATER THIS MORNING. IT MIGHT'VE BEEN A DIFFICULT DAY WITH THE INDICES DOWN A PERCENTAGE POINT OR MORE APIECE.STILL GREEN ON THE WEEK AND BACK TO GRE ...

Poll positivity. Is that how we're ending this week of geopolitics, earnings and central banks. Yeah, hi.Equity has certainly been a bit of a roller coaster ride, hasn't it. And I think the, you know, the the in general, the Trump trip to Asia was pretty well received here. You know, we've got not everything solved.And definitely, you know, kind of big questions to come down the line. But at the moment we've got to choose. And that's pretty good for markets in general.Yes, there's been a little bit of a ret ...

And this language you use, naroterrorism, this is exactly the language that the Trump administration uses about Venezuela. And President Trump is saying after the boat strikes, the land will be next. Do you support US military strikes on the territory of Venezuela as part of what you call a process.I believe that the increase in pressure and the escalation that's taking place is the only way to force Maduro to understand that it's time to go. and those that still support him, which are not very few at this ...

How concerned are you or maybe you can even tell us, based on what you're hearing, of more events like these happening around the country. Inevitable. The air traffic controllers have been warning about this.They're working without being paid. Contrast that with Speaker Johnson, who's being paid without working. The speaker needs to call the House back into session.I will go to Washington today, probably by train, not by airplane, and start negotiating with Republicans. Before this shutdown, I offered a ser ...

iPhone Strategy - The company is largely viewed as an iPhone company, with other products often purchased to complement the iPhone ecosystem [1] Wearables, Home and Accessories Business - A significant portion of this unit's sales comes from AirPods, boosted by the release of new AirPods Pro [2] - New Apple Watches, especially the baseline model priced around a couple hundred dollars, are considered excellent, particularly for new users [3] - The Apple Watch Series 11 is not a significant upgrade for Series 10 owners, but the wearables segment, including Homepods, is expected to gain momentum [4] - The company anticipates a turnaround in the Wearables, Home and Accessories category [4] - The company's smart home devices are not expected to contribute significantly to revenue, with Amazon and Google dominating that market [5][6] - The smart home devices are needed to maintain the ecosystem and prevent users from switching to competing devices [7] Future Product Pipeline - A foldable iPhone is anticipated by the end of next year [8] - New products with in-house chips are expected in March, including a new M5 MacBook Air, a new M4 iPad Air, and an entry-level iPad [8][9] - Smart home devices are expected in the March-April timeframe [9] - An updated AI strategy is expected in June [9] - Integration into services products is expected in September next year [9] - A more significant update to the mid-tier Apple Watch is expected at the end of next year [9] - Smartglasses and a tabletop robot are expected to roll out in 2027 [10] - A higher-end Vision Pro device is expected [10] - A foldable iPad with a gigantic screen is expected towards the end of the decade (2028-2029) [10]