Apple iPhone, Apple Watch -- September, 2023

Locator: 45633AAPL.

Apple Silicon: I may have misheard but I believe Tim Cook says that with the new iPhone and Apple Watch announced yesterday, that completes Apple's full move to Apple Silicon. I may have mishearad. If he said that, he was referring to the CPUs. Apparently Apple will still rely on Qualcomm for 5G modems. Again, I may have this wrong. Feel free to fact-check me.

Tim Cook: "Mention "AI" And Get Fired"

Link here.

Very, very slowly, and very, very deliberately, Apple is building an AI-device that will lap the competition to the point that the moat will be incredibly wide.

Peter Zeihan noted that in his note today. China will fall further and further behind, leaving Samsung and Apple as the only two choices. 

Brilliant: Apple's "finger-gesture" controls and emphasis on the iPhone as a medical device. 

Answering the phone on your wrist while holding groceries or a cup of coffee: brilliant. Link here.

Moving so fast:

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The Market: Tech

The "Magnificent Seven": Jim Cramer, link to a Money article dated June 16, 2023:

• Amazon
• Alphabet (2)
• Apple
• Meta
• Microsoft
• Nvidia
• Tesla

All are having an incredible day today, except perhaps AAPL though "deep red" early in the day is now almost back to "even."

Each of the "Magnificant Seven" (other than AAPL) are up nicely.  That suggests all of tech is doing well. There is one notable exception: INTC down about half-a-percent after a pretty good run over the past two weeks, at least compared to the other tech stocks above (again, not including AAPL).

This suggests that Intel (INTC) is somehow different. 

I could be wrong, but among the seven above, there are no foundries, and only three design chips (Nvidia, Apple, and Tesla -- and the latter is very, very specific to automobiles). Four are big names in cloud computing.

Apple seems to be in a world of its own.

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The Market: Oil

$89: on a day WTI is flirting with $89, the "oils" are actually under-performing, some actually in negative territory, such as Chord Enerby.

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The China Thing

Link here.

Let's say, just for argument, that the Chinese government really did ban Apple's iPhones for government workers. 

Now, let's say, just for argument, the Chinese government reverses itself, and says the government is not banning iPhones for government workers.

Can anyone connect the dots? This is not rocket science.