Locator: 45910ECON.
Those growth trends are supported by a highly robust economy. Before adjusting for inflation, GDP grew a whopping 8.5% in the past quarter, the highest pace of nominal growth seen since 2006.
Wednesday, November 1, 2023
More Evidence Of A Goldilocks Economy — November 1, 2023
QCOM: Well, This Was A Surprise — November 1, 2023
Locator: 45909TECH.
Qualcomm provided a higher-than-expected revenue forecast for the December quarter at the midpoint of its guidance range, sending its stock higher in after-hours trading Wednesday.
For the September quarter, Qualcomm reported adjusted earnings of $2.02 a share, compared with Wall Street’s consensus estimate of $1.91.
Revenue came in at $8.7 billion, which was above analysts’ expectations of $8.5 billion.
PC — Update — November 1, 2023
Locator: 45907TECH.
Fascinating story.
It’s a testament to how odd the chip market is right now that personal-computer demand is actually a source of strength.
PC sales have been in a downspin since early last year, following two years of pandemic-induced growth. The downturn has been such that the 7.6% year-over-year decline in unit sales that market-research firm IDC reported for the third quarter actually counted as a notable improvement, as sales had been falling by double digits for the previous five periods. IDC projects PC shipments will total 252 million units globally this year—down 14% from last year and the lowest annual sales number the firm has reported in more than a decade.
Oddly, PCs have also proved to be the saving grace for Intel and Advanced Micro Devices this earnings season. AMD reported Tuesday afternoon that revenue for that segment jumped 42% year over year during the third quarter—making it the chipmaker’s only business to show growth for the period.
Intel’s PC revenue slipped 3% from a year earlier, but that was far better than the 10% drop Wall Street had expected. And for both companies, sales in their PC divisions offset more serious weakness in their respective data-center segments—which represent the pricey chips sold to tech giants operating cloud-computing networks that is now the chip industry’s most crucial market.
For Intel and AMD, that market is also in a bit of a transition. The explosive popularity of generative artificial intelligence has blown up demand for one type of chip—the graphics processor-based accelerator systems made by Nvidia.
Tech giants such as Microsoft, Google, Amazon and Facebook-parent Meta Platforms have all redirected much of their capital spending toward AI server components—benefiting Nvidia primarily. Intel and AMD’s combined data-center revenue for the six-month period ended September fell 11% from the same period last year. Nvidia’s data-center revenue is estimated to have tripled in roughly the same time, based on Wall Street’s consensus projections for the company’s fiscal third quarter that ended in October.
Intel and AMD are hardly giving up on AI. Both are planning splashy media events next month to showcase new chips for the market, and AMD even surprised analysts on Tuesday by projecting revenue specifically for its data center GPU chips for the current quarter and next year. The company expects $2 billion from that product line next year, which is a fraction of Nvidia’s projected data-center sales for the same time but would represent a strong uplift for AMD. Wall Street is now expecting the company’s data-center sales to surge 58% in 2024 to $10.4 billion, according to FactSet. That disclosure helped AMD’s shares jump more than 7% on Wednesday. But AMD’s PC revenue is also expected to jump 27% next year, while Intel’s is expected to rise 13%. That reflects high hopes for a mature market that largely logged annual sales declines in the years ahead of the pandemic. And at least some of that optimism seems tied to the belief that AI-enabled PCs expected to hit the market next year will be big sellers.
“The arrival of the AI PC represents an inflection point in the PC industry,” Intel Chief Executive Officer Pat Gelsinger said on his company’s earnings call last week. Lisa Su, CEO of AMD, likewise predicted on Tuesday’s call that AI PCs “will fundamentally redefine the computing experience over the coming years.”
Much more at the link.
I find this absolutely fascinating.
UK Manufacturing Sector Worst Downturn Since 2008 — Source — November 1, 2023
Locator: 45906LNG.
America’s century.
Yesterday, it was Germany.
Wow, this was predicted years ago on the blog. It is amazing how soon it happened.
American LNG exports in October, 2023, highest since April. By Charles Kennedy, so you know it’s a great story.
Texas Rangers Take The World Series -- November 1, 2023
Locator: 45905SPORTS.
Quite a finish.
Almost a sweep.
Will Smith, pitcher for the Texas Rangers, has now won three consecutive World Series championships with three different teams. Link here.
A $4-Billion Solar Company Collapses After-Hours -- November 1, 20223
Locator: 45904SOLAR.
The energy transition is over. We just don't know it yet. Peter Zeihan.
Nvidia -- Update -- November 1, 2023
Locator: 45903TECH.
There are many, many takeaways in this long post. Many, many takeaways. You can thank me later.
Link here.
Look from where these chips are coming: Nvidia.
The U.K. government said Isambard-AI will be the most advanced computer in Britain and once complete, it will be “10 times faster than the U.K.’s current quickest machine.”
The computer will pack 5,448 GH200 Grace Hopper Superchips, powerful AI chips made by U.S. semiconductor giant Nvidia, which specializes in high-performance computing applications.
Hewlett Packard Enterprise , the American IT giant, will help build the computer, with aims to eventually connect it to a newly announced Cambridge supercomputer called Dawn. That computer, built by Dell and U.K. firm StackPC, will be powered by more than 1,000 Intel chips that use water-cooling to reduce power consumption. It is expected to start running in the next two months.
*****************************
Background on the Nvidia Chips
Link here.
Another long, in-depth article here.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
Five New Permits; Six DUCs Reported As Completed; Ovintiv-Grayson Mill Wells -- November 1 ,2023
Locator: 45902B.
WTI: $81.04.
Five new permits, #40309 -$40313, inclusive:
- Operators: Hess (4), Empire North Dakota
- Fields: Manitou (Mountrail), Starbuck (Bottineau)
- Comments:
- Empire North Dakota has a permit for a Woodpecker well in SWSE 29-161-78,
- to be sited 450 FSL andd 2368 FEL
- Hess has permits for four more EN-Rice wells, lot 3, section 3-155-94,
- to be sited between 454 FNL and 495 FNL and between 2035 FWL and 2124 FWL; the Hess EN-Rice wells are tracked here.
Six producing wells (DUCs) reported as completed:
- 39539, 629, WPX, Two Shields Butte 16-8-7-13HA,
- 39540, 2,017, WPX, Two Shields Butte 16-8-7-13H3U,
- 39430, 356, Petro-Hunt, D Annunzio 148-10206B-7-1H,
- 39689, 687, WPX, Augustus 8-26H,
- 39665, 1,077, WPX, Cumuluus 14-33TFH,
- 39653, 700, WPX, Stratus 14-33H,
Change of operator: from Ovintiv to Grayson Mill -- about 415 wells.
- April 3, 2023: Ovintiv, formerly Encana, expands in US with $4.3 billion deal for Permian oil assets; link here;
- June 16, 2023: Ovintiv closes purchase of Midland, sale of Bakken assets, link here;
Ovintiv also closed the sale of the entirety of its Bakken assets, located in the Williston Basin of North Dakota, to Grayson Mill Bakken LLC in an all-cash transaction of $825 million. Grayson Mill Bakken is a portfolio company of funds managed by EnCap.
Ovintiv’s landholdings in the play totaled 46,000 net acres as of December 31, 2022, and estimated first-quarter Bakken production is expected to average approximately 37,000 barrels of oil equivalent per day (boepd).
Ovintiv:
- one could have bought Ovintiv back in early 2000 for about $2 / share
- Ovintiv is trading at $47 / share today
- P/E: less than four
- pays: 2.5%
- market cap: $13 billion
Apple Reports Tomorrow — November 1, 2023
Locator: 45901APPLE.
- consensus: $1.39
- consensus: $84.69 billion
- whisper: $1.45
CNBC: link here.
GDPNow Estimate — 4Q23 — 1.2% — November 1, 2023
Locator: 45900ECON.
GDPNow: 1.2% — November 1, 2023.
This is why the Fed did not raise rates today. This is getting uncomfortably close to a negative GDP.
QCOM Is Back — November 1, 2023
Locator: 45899TECH.
Qualcomm reported fiscal fourth-quarter earnings on Wednesday that beat expectations for sales and earnings, despite big year-over-year declines, and gave a strong forecast for the current quarter.
Qualcomm stock rose over 3% in extended trading.
Here’s how the chipmaker did for the quarter ended September 24, 2023, consensus expectations:
- EPS: $2.02, adjusted, vs. $1.91 expected
- Revenue: $8.67 billion, adjusted, vs. $8.51 billion expected
Qualcomm said it expected adjusted earnings of between $2.25 and $2.45 per share on between $9.1 billion and $9.9 billion of sales in the current quarter, versus consensus expectations of $2.23 per share of earnings on $9.2 billion of sales.
At the midpoint of Qualcomm’s guidance, adjusted revenue will grow slightly during the current quarter compared to last year.
Net income during the quarter was $1.49 billion or $1.32 per share, a 48% decrease from last year’s $2.87 billion or $2.54 per share. Revenue during the quarter declined 24% year over year from $11.39 billion last year. Overall adjusted revenue for Qualcomm’s fiscal year fell 19% from last year to $35.83 billion.
Qualcomm’s fortunes are tied to the smartphone industry, which has been in a slump for nearly two years after the Covid pandemic created a boom in sales. The company makes the processors at the heart of most high-end Android devices and many lower-end phones as well.
Disney: To Buy Rest Of Hulu From Comcast. Who-hoo — November 1, 20
Locator: 45898DIS.
After-hours:
- DIS: up slightly.
- CMCSA: up slightly.
Five-year return:
- DIS: down 30%.
- CMCSA: up 11%
"Fed" Holds Rates Steady: Santa Claus Rally In The Cards; Goldilocks Economy -- Greg Ip -- WSJ -- November 1, 2023
Locator: 45897ECON.
Meanwhile, in Washington, DC, link here.
GDPNow:
- GDPNow: 1.2% — November 1, 2023.
- This is why the Fed did not raise rates today. This is getting uncomfortably close to a negative GDP.
And in the oil patch, link here:
Rumor: US Senate dems to investigate why WMB is still making money.
McDonald's shutting down San Francisco downtown location, link here.
Laser-focused on dividends, link here:
The Only Word Not Used In This Article: Goldilocks, Part II -- From The WSJ -- November 1, 2023
Locator: 45894ECONOMY.
This is an incredibly good article.
This is Part 2 -- starting with the "misery index."
Greg Ip has it exactly right. But despite all his "research." Greg Ip
is/was unable to answer the question, "why are Americans in such a
rotten mood?" There are four obvious answers. Actually five. Archived.
Link here.This is an incredibly long article for The WSJ. ;
The puzzle deepens when I plot the University of Michigan index since 1978 against the “misery index”—the simple sum of inflation and the unemployment rate. Based on historic correlations, sentiment has been more depressed this year than you would expect given the level of economic misery.True, for a long time wages were lagging behind inflation, but not anymore. Median weekly wages are slightly higher now, adjusted for inflation, than at the end of 2019. They haven’t grown, as they did in the years before the pandemic. But other things should have compensated for that.
Workers are getting more time off and more flexibility, which is why the Conference Board finds job satisfaction is also quite high. Federal pandemic relief means household finances are stronger, even now, than before the pandemic. Meanwhile, high housing and stock prices lifted the median household’s wealth after inflation by 37% between 2019 and 2022, the largest in the history of the Federal Reserve’s survey.
Part of the problem is that in inflationary periods both prices and wages rise but people dwell more on the prices and feel worse off. Moreover, while the Federal Reserve targets inflation—the rate at which the level of prices rises—consumers also care about the absolute level of prices and are bothered they remain so much higher than a few years ago.
The average Starbucks coffee has gone from under $3 at the start of the pandemic to $3.63 in the second quarter, according to Numerator, a marketing data company. Grocery prices have stopped going up, but “right now, it is still a little bit of sticker shock,” Steve Cahillane, chief executive of Kellanova, formerly part of Kellogg, said in September. High home prices are a particularly dispiriting form of sticker shock because, in combination with high mortgage rates, they have put homeownership out of reach for so many.
Yet sticker shock alone doesn’t seem severe enough to explain the profound level of economic dissatisfaction.
The best Greg Ip can do is blame it on politics -- and I think he's correct. It gets tedious.
Misery index. It would be hard to find significantly better numbers ever. Start with unemployment rate:
And Table A-15:
Current inflation:
Homeownership is not part of the "misery index." Since Y-Charts have kept keeping records.
- all time high, 67.9%;
- today: 66%
- delta: 1.9%
A big whoop!
New home sales are surging.
Existing home sales are down.
Audible Gasp -- AMD And MSFT -- November 1, 2023
Locator: 45893INV.
Before I get started — QCOMis back. Link here.
Now, back to regular programming. About a year ago, I started building positions in these two companies.
I had never invested in MSFT before -- simply because I did not like the company for "emotional" reasons -- I'm an Apple Fanboy.
I never invested in AMD because I was very, very satisfied with my tech holdings.
But about a year agoo, using my 30-year strategy "tool" -- which I've talked about before on the blog -- I started adding MSFT and AMD.
Today, MSFT was up $7 and AMD was up almost 10%. On the other hand, oil continues to drop and WTI could very easily fall below $80 tomorrow. Which, by the way, makes another good argument for adding oil holdings to one's portfolio.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
The Only Word Not Used In This Article: Goldilocks -- From The WSJ -- November 1, 2023
Locator: 45892ECONOMY.
This is an incredibly good article. Greg Ip has it exactly right. But despite all his "research." Greg Ip is/was unable to answer the question, "why are Americans in such a rotten mood?" There are four obvious answers. Actually five. Archived.
Link here.
This is an incredibly long article for The WSJ.
This is such a great article I may break it up into three or four posts.
The beginning:
Last week we learned that the economy, far from sliding toward recession as economists had predicted over the past year, has actually picked up steam thanks to indefatigable consumers.
Not only has economic output made up all the ground lost during the pandemic, but it is also above where it would have been had the pandemic never happened, judging by what the Congressional Budget Office projected in early 2020.
The same goes for the job market. The unemployment rate at 3.8% is only marginally above where it stood in January 2020. For a while, low unemployment overstated how healthy the job market was because so many people had left the labor force. But except for those over 64, they have mostly returned. The share of the population ages 15 to 64 with jobs topped its prepandemic peak in August.
So if the economy is so good, why are Americans so gloomy? Confidence readings are depressed. Some 69% of respondents to a Wall Street Journal survey in August said the country is headed in the wrong direction. President Biden’s approval ratings are mired around or below 40%, and approval for his handling of the economy is even lower.
The most popular explanation for this dichotomy is that good feelings about jobs are more than offset by high inflation. There is a lot of evidence for this, but it is still not an entirely satisfying answer.
There are two longstanding surveys of consumer confidence. The index produced by the Conference Board, a business research group, incorporates attitudes about the labor market, but not inflation. And this index remains well above its lows around the 2008 and 2001 recessions. No dichotomy there.
By contrast, the University of Michigan sentiment index is at recession-like levels. It appears to be more sensitive to inflation, in part because it asks people if they are financially worse off, and recently 40% of those feeling worse off blame inflation.
But can inflation be the whole story? After all, since peaking at 9.1% in June last year, based on the consumer-price index, inflation has fallen to 3.7%. Some gauges put underlying inflation at around 3%, and the Federal Reserve thinks it is headed gradually to 2%, relieving it of any need to raise interest rates for now. And yet, sentiment is up only moderately since inflation began falling.
And, yes, the next section is on the "misery index." I might post that later.
Wind Energy Projects Off New York -- Update -- November 1, 2023
”Locator: 45891WIND. 
Nice update on NY wind: link here.
An assortment of recent obstacles to projects in New York, New Jersey and Connecticut are almost certain to delay — and possibly derail — Northeastern states’ grand ambitions to harness the winds blowing over the Atlantic Ocean.
Four projects that were supposed to provide electricity to New York City and its suburbs are in limbo after being denied big increases in subsidies.
And on Tuesday, the world’s biggest developer of offshore wind farms shocked New Jersey officials by backing out of two projects off the state’s southern coast.
“Macroeconomic factors” including inflation and rising interest rates had made the projects too expensive, the company said. “Certainly, these project cancellations are arrows in the quiver of offshore wind opponents,” said Timothy Fox, vice president at ClearView Energy Partners in Washington.
Still, he added, he did not expect any states to abandon their offshore wind plans because all of the ones that have made big commitments, except Virginia, are controlled by Democrats.
The nine gigawatts of offshore wind power that New York is chasing was supposed to be a major piece of President Biden’s goal of creating 30 gigawatts of offshore wind nationally by 2030. (The Biden administration says 30 gigawatts could power more than 10 million homes.) That goal was considered unattainable even before the developer, Orsted, backed out of the two New Jersey projects, which the company said would have produced 2.25 gigawatts.
“Frankly, even by this past summer we were recognizing the inevitability of missing the 30-by-30 target,” said Kris Ohleth, director of the Special Initiative on Offshore Wind, a nonprofit organization that advises companies and policymakers.
The about-face in New Jersey has reignited a political battle over the headlong rush to induce companies to build wind farms in the ocean. New Jersey’s governor, Philip D. Murphy, a Democrat with national ambitions, said Orsted’s decision to abandon its commitments called into question “the company’s credibility and competence.” He insisted that the “future of offshore wind” along the state’s 130-mile coastline remained “strong.
RBN Energy: New York will need unprecedented increase in wind, solar to hit 2030 target. Archived.
Every state has its unique set of advantages and challenges, but very few face the number of contrasts that makes New York and its ambitious decarbonization goals so interesting. The Empire State ranks fourth in population (behind California, Texas and Florida) and is home to the biggest city in the country, yet most of the state would be considered rural. It has the nation's third-largest economy, but because its key industries — including financial and business services — are not energy-intensive, and many in the New York City area use mass transit, its per-capita energy use is lower than all but two states (Hawaii and Rhode Island). And while the state gets about 30% of its power from renewable sources (most of it large-scale hydropower), solar and wind generation are still very limited there. In today’s RBN blog, we look at how the state’s plans to ramp up renewable generation — which have long been plagued by problems with incentives, permitting and project cancellations — are running headlong into the difficulties of adding so many resources in a short period of time.
This is the fourth blog in our series on the ongoing efforts to decarbonize U.S. energy networks. While developments are playing out very differently from state to state, based on any number of factors, one thing has become clear over the past couple of years as climate-related initiatives have gained momentum: Economic and logistical realities that may have been initially overlooked are being brought to the fore. Americans expect the energy industry to deliver fuel and power where they need it, when they need it, and for a price that everyday people can afford — what’s referred to as the trilemma of availability, reliability and affordability. But those goals not only clash with each other at times, they can also conflict with environmental priorities and economic realities.
The Lego Page -- November 1, 2023
Locator: 45890LEGO.
This was a promotional item released in 1995 (some say 1993). Regardless, it was a promotional item by Maersk and it may or may not have been available to the general public.
This is a very small truck. It has 211 pieces. In today's Lego market, a brand-new 211-piece set would sell for under $20.
One can easily find this sealed box set today for $400 with a $10-shipping fee. It is also available at some Bricks and Minifigs stores, for $400 without the shipping fee.
Eight Wells Coming Off Confidential List These Next Two Days -- November 1, 2023
Locator: 45889B.
WTI: $82.03. Up 1.25%.
Weekly EIA petroleum report, link here:
- US crude oil in storage: increased by 0.8 million bbl; 421.9 million bbls; 5% below average
- US crude oil imports: increased by 412K bopd; average 6.4 million bbls; 1.4% more than average
- refiners: making bank; see MPC earnings; 85.4% operable capacity
- distillate fuel inventories: decreased by 0.8 million bbls; 12% below average
- jet fuel supplied: up 8% y/y
Gasoline demand, link here:
**************************
Back to the Bakken
Thursday, November 2, 2023: 87 for the month; 87 for the quarter, 657 for the year
39746, conf, Neptune Operating, Shaffer 27-22 3H,
39205, conf, Murex, PB-Winston Axel 36-25H MB,
39204, conf, Murex, PB-Stephhen Luke 36-25H MB,
38836, conf, Enerplus, Hay Draw 148-97-27-34-4H,
Wednesday, November 1, 2023: 83 for the month; 83 for the quarter, 653 for the year
34544, conf, MRO, Storedale 11-17TFH,
39597, conf, CLR, Brooks 5-9H,
39202, conf, Murex, PB-Paul Brian 1-12H MB,
39201, conf, Murex, PB-Gunner 1-12H MB,
RBN Energy: New York will need unprecedented increase in wind, solar to hit 2030 target. Archived.
Every state has its unique set of advantages and challenges, but very few face the number of contrasts that makes New York and its ambitious decarbonization goals so interesting. The Empire State ranks fourth in population (behind California, Texas and Florida) and is home to the biggest city in the country, yet most of the state would be considered rural. It has the nation's third-largest economy, but because its key industries — including financial and business services — are not energy-intensive, and many in the New York City area use mass transit, its per-capita energy use is lower than all but two states (Hawaii and Rhode Island). And while the state gets about 30% of its power from renewable sources (most of it large-scale hydropower), solar and wind generation are still very limited there. In today’s RBN blog, we look at how the state’s plans to ramp up renewable generation — which have long been plagued by problems with incentives, permitting and project cancellations — are running headlong into the difficulties of adding so many resources in a short period of time.
This is the fourth blog in our series on the ongoing efforts to decarbonize U.S. energy networks. While developments are playing out very differently from state to state, based on any number of factors, one thing has become clear over the past couple of years as climate-related initiatives have gained momentum: Economic and logistical realities that may have been initially overlooked are being brought to the fore. Americans expect the energy industry to deliver fuel and power where they need it, when they need it, and for a price that everyday people can afford — what’s referred to as the trilemma of availability, reliability and affordability. But those goals not only clash with each other at times, they can also conflict with environmental priorities and economic realities.
Peter Zeihan -- China -- In His Book, 2022 -- November 1, 2023
Locator: 45888CHINA.
From Bloomberg and Nikkei Asia yesterday.
Chips: US to embargo.
CHRD: Audible Gasp -- November 1, 2023
Locator: 45887INV.
Locator: 45887AUDIBLEGASP.
CHRD:
Pays: 7%.
From October 31, 2023 -- yesterday -- Goldilocks opportunity for investors.
Locator: 45881INV.
Cash has rarely been this hot on Wall Street. Financial advisers warn holding too much can burn a hole in your portfolio.
With markets rocky and cash earning 5% or more, investors have boosted their holdings of money-market funds to a near-record $5.6 trillion, according to the Investment Company Institute. Both individuals and institutional investors are piling in—asset managers now have roughly one-fifth of their portfolios in money-market funds, State Street data show.
Cash was trash for years on Wall Street, where low interest rates left investors buying every dip, saying there was no alternative to stocks. The prospect of a prolonged period of higher rates has upended that thinking, buffeting both stocks and bonds while increasing the returns offered by some of the safest, shortest-term investments such as money markets. Yet many advisers caution that fees, taxes and inflation all undermine those returns. And one of the biggest costs is opportunity:
By pouring money into cash, investors miss out on potential gains from holding a broad portfolio of stocks, bonds and other riskier investments. “Money-market funds are a rational place to be for the next six months. But over the long term, taking risks pays you more,” said Wylie Tollette, chief investment officer for Franklin Templeton Investment Solutions.
“Keeping any more than a small allocation to cash in your portfolio, for any longer than the short-term, will ultimately cost you thousands or millions of dollars.” Though often treated as akin to a bank account, the funds differ from normal savings accounts and other cash-like investments, such as CDs. They typically lend cash to banks overnight (backed by Treasurys), park it at the Fed or invest in Treasury bills maturing in a few months. Still, they are considered equivalent to cash because investors generally expect to get their money back whenever they ask. To that end, the funds try to maintain a net asset value of $1 a share.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
MPC: Audible Gasp -- November 1, 2023
Locator: 45886TECH.
Locator: 45886AUDIBLEGASP.
Ticker:
Earnings:
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
AMD: Audible Gasp -- November 1, 2023
Locator: 45886TECH.
Locator: 45886AUDIBLEGASP.
AMD: link here.
AMD: ticker --
AMD: previous posts.
Disclaimer: this is not an investment site. Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.
All my posts are done quickly:
there will be content and typographical errors. If anything on any of
my posts is important to you, go to the source. If/when I find
typographical / content errors, I will correct them.
Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source.
Audible Gasp -- Ring Around The Dell -- Battery Life: The New Apple M3 Laptops -- November 1, 2023
Locator: 45885APPLE.
Locator: 45885AUDIBLEGASP.
Battery life, in hours:
- the Dell: 8
- the Surface: 10
- the Samsung: 13
- the Apple M3: 22
Why is battery life for Apple M3 so much better than for Apple M1? My hunch:
- unified memory jumped from 8GB to 128GP
Reddit, link here, a real user's experience:
Tom's Guide, link here:
- Dell XPS 13 OLED: 8 hours
- Microsoft Surfface: 10 hours
- Samsung Galaxy Book Pro: 13 hours
- MacBook Pro 14-inch M1 Pro: 14 hour
- MacBook Air M1: 15 hours
- MacBook Pro M1: 16 hours
The new M3 MacBook: 22 hours.