Core Insights - Apple reported record sales of $85.3 billion in the last quarter, driven by the iPhone 17 and iPhone Air lineups [1] - CEO Tim Cook acknowledged that Apple could not meet all the demand for iPhones due to chip supply constraints [1][2] Group 1: Sales Performance - The company achieved record sales of $85.3 billion, indicating strong demand for its latest iPhone models [1] - Cook described the demand for new iPhones as "staggering," highlighting the popularity of the iPhone 17 and iPhone Air [2] Group 2: Supply Chain Challenges - Apple is facing supply-chain constraints similar to other tech companies, primarily due to increased memory prices and shortages [2][4] - The rise in RAM prices is attributed to the diversion of components to AI technology, impacting availability for smartphones [4] Group 3: Manufacturing Capacity - Apple is struggling to find sufficient manufacturing capacity for its A and M systems-on-a-chip, which are produced by TSMC and Apple [3] - There are no widespread reports of iPhone shortages currently, but the company is preparing for potential demand spikes [5] Group 4: Future Product Strategy - To manage demand, Apple may stagger the release of specific iPhone models, starting with the upcoming iPhone 18 generation [5] - Reports suggest that Apple could introduce a new foldable phone and advanced iPhone 18 models later this year, while delaying the basic iPhone 18 to 2027 [6]

Core Insights - Apple reported a strong quarter, exceeding expectations in both revenue and earnings, particularly in iPhone sales and services [3][4] - Despite the positive results, stock price fluctuations are attributed to anticipated challenges, particularly in AI performance and rising memory chip costs [3][5] iPhone Sales - Apple experienced unprecedented demand for iPhones, with significant revenue growth, especially in China, which was unexpected after two challenging years [5][6] - The company is facing competition in China but has managed to maintain a leading position, which is crucial for future growth [8][9] Services Revenue - Services revenue reached a record high, increasing by 14% year-over-year, but did not significantly exceed expectations, which may have contributed to stock price volatility [11][12] - The number of active installed devices reached 2.5 billion, highlighting the importance of services for Apple's high gross margin revenue [11][12] AI and Strategic Challenges - Apple is perceived to be lagging in AI capabilities, with the need for updates and advancements in this area being a strategic challenge [14][15] - The partnership with Google's Gemini is seen as a positive move, providing Apple with a strong AI solution, but the company still needs to innovate with new hardware products to sustain growth [15][17] Supply Chain and Market Dynamics - Apple's strong supply chain is expected to help mitigate the impact of memory shortages and price increases, providing the company with more pricing power [6][10] - Geopolitical factors may pose risks to Apple's operations in China, which is a critical market for iPhone sales [9][10]

Apple Inc.'s (AAPL) first-quarter earnings report highlighted more than just strong iPhone sales. The results help explain why the company remains a top holding in dividend growth and quality factor E... ...

Core Insights - Apple Inc. has experienced significant talent loss in its artificial intelligence division, with at least four researchers departing to companies like Meta and Google DeepMind, including a top Siri executive [1][2][4] Group 1: Departures and Talent Loss - Recent exits from Apple include Yinfei Yang, Haoxuan You, Bailin Wang, and Zirui Wang, with Yang starting a new company and the others joining Meta [2] - The departures highlight ongoing turbulence within Apple's AI division, which has struggled to keep pace with competitors in the AI sector [3] - The company has lost over a dozen AI researchers in the past six months, primarily due to its decision to outsource some technology to Google [10] Group 2: Impact on AI Development - Zirui Wang is joining Google DeepMind, which is assisting Apple in developing core AI models for new features, including an upgraded Siri [4] - The AI challenges have contributed to a stock slump for Apple, despite reporting over $85 billion in iPhone sales [6] - Apple's AI division has faced scrutiny due to delays in new Siri features and a lack of compelling AI breakthroughs [8][10] Group 3: Organizational Changes - A major reorganization of Apple's AI efforts occurred last year, with CEO Tim Cook relieving AI chief John Giannandrea and assigning responsibilities to software head Craig Federighi [7] - The Foundation Models team, responsible for the Apple Intelligence platform, has seen leadership changes and is now run by AI researcher Zhifeng Chen [9] - Apple is preparing two new versions of Siri, one of which will utilize personal data for queries, while the other will feature a chatbot-style interface [10] Group 4: Collaboration with Google - Apple has opted to collaborate with Google for AI model development, with Cook stating it provides "the most capable foundation" for Apple's AI initiatives [11] - The company continues to rely on its own models for on-device features but is unlikely to depend on external partners indefinitely due to competitive pressures in the AI landscape [12]

You know, we've said throughout my career at least Apple is the master of managing the bottom line. But in this environment, with tight supply and pricing, if memory chips such that it is, there's a limit, it seems, to what Apple can do. What was your interpretation of that.So I think this fixation on memory costs is the wrong question for Apple, because it just go back to your basic economics, you know, theory of comparative advantage. Apple has had the best tasting chain in the world for four years. They ...

You know, we've said throughout my career at least Apple is the master of managing the bottom line. But in this environment, with tight supply and pricing, if memory chips such that it is, there's a limit, it seems, to what Apple can do. What was your interpretation of that.So I think this fixation on memory costs is the wrong question for Apple, because it just go back to your basic economics, you know, theory of comparative advantage. Apple has had the best tasting chain in the world for four years. They ...

Core Viewpoint - The year 2026 is identified as the pivotal moment for "Physical AI," where artificial intelligence transitions from digital platforms to physical applications in robots, vehicles, and handheld devices [1] Group 1: Tesla Inc (NASDAQ: TSLA) - Tesla is viewed as the leading company in the Physical AI sector, evolving beyond a traditional car manufacturer to a significant player in embodied AI [1] - Concerns regarding quarterly delivery fluctuations are dismissed, with a focus on the anticipated "golden year" ahead [1] - Key technologies driving Tesla's valuation include Full Self-Driving (FSD) and the Optimus humanoid robot, with FSD adoption expected to reach 50% and autonomous "Cybercabs" operational in 30 cities by the end of 2026 [1] Group 2: Nvidia Corp (NASDAQ: NVDA) - Nvidia is described as the foundational company for the Physical AI ecosystem, providing essential computing power and specialized chips for autonomous fleets and industrial robotics [1] - The company is considered four to five years ahead of competitors, creating a significant competitive moat [1] - Nvidia's hardware is characterized as the "oxygen" of the industry, indicating its critical role in the shift towards physical robotics [1] Group 3: Apple Inc (NASDAQ: AAPL) - Apple is positioned as a key player in the upcoming physical AI upgrade cycle, with 2026 seen as a crucial year for the company [1] - The integration of generative AI into iPhone hardware and a potential partnership with Google Gemini are highlighted as catalysts for a major upgrade cycle [1] - The iPhone is regarded as the primary interface for consumers engaging with the AI revolution, with predictions of unlocking billions in recurring, high-margin revenue, potentially elevating Apple's valuation towards $5 trillion [1]

昨天红米Turbo5系列已经正式发布，抛开价格虽然更便宜，但毫无存在感的标准版，红米Turbo5 Max发布后的确让人眼前一亮，其2199的定价也让不少人大 呼"良心"。其实单论售价，红米Turbo5 Max相较上一代Turbo4 Pro还是涨价了200，上代是1999元起 友商压根没想到在内存存储组合这方面下文章，而小米很敏锐的抓到了这个用户痛点，当下友商还能把12G+256G的版本成本控制住，但一旦更高的内存组 合价格直接飙升，而红米Turbo5 Max无论是16G+256G，还是12G+512G，又或是顶配版的16G+512G 差价均控制得非常好，尤其是16G+512G的顶配首销价格在2799元，国补后2379就能拿下，一下子就彰显出性价比了，也从另一方面展现了小米极强的供应 链把控能力，牢牢的压制住了友商，不得不令小智服气 并且小米也没掖着藏着，而是借机搞起了10亿内存补贴，再度拉高了消费者好感度。做到了Turbo 5 Max首销期间全版本直降300元，512GB版本额外再减 200元，算上国补后，顶配版相当于直降近千元。再加上发布前卢伟冰不断强调该机定位于2.5K档位的话 和现在的定价形成了强烈的反 ...

Apple's quarterly sales record and upbeat outlook are being overshadowed by rising component costs. Tim Long, a Barclays senior equity research analyst who has an underweight rating on Apple, joins "Bloomberg Open Interest" to discuss the company's results. ...

Numbers are phenomenal. Let's just start with the numbers themselves. When asked if that growth in China comes from.I mean, look, that's you know, it's pent up demand and they're having success. I mean, I found 17 it's kind of you know, it's been sleepy but actually pretty huge upgrade cycle. And then you see in the numbers you know obviously the stock reaction look I'd say it's it's a yawner because investors are just so laser focused on A.I. writing in other words, like how they're going to monetize. What ...