Tuesday, January 16, 2024

Apple -- January 16, 2024

Locator: 46560APPLE.

Links here:

Apple: largest smartphone maker by volume.

  • great article: right now, Apple's biggest problem -- Tim Cook has not been clear about its AI strategy

Apple: another product killer.

  • this is what the first link / story missed.

From the linked article:

Analyst Dan Dolev downgraded shares of PayPal to Neutral from Buy, lowering his target for the stock price to $65 from $72.
Dolev wrote in a research note Tuesday that he sees PayPal continuously losing market share to Apple Pay as a worry.
Worry among investors that Apple Pay is gaining market share over PayPal is nothing new.
Concern about competition is a major factor behind PayPal stock’s 81% slide from its July 23, 2021 record closing high of $308.53 to $58.65 on Tuesday.
General economic pressiures, plus narrower margins as growth in the company’s so-called branded checkout business has slowed, have hurt the shares as well.

Apple Pay is absolutely seamless. I almost never forget my iPhone when going out for the day, but I have forgotten my billfold. No problem. My iPhone has "everything" my wallet has. 

Texas does not yet participate in state ID / driver's license being placed in the Apple iPhone, but it's just a matter of time. In the meantime, I have a photograph of my driver's license which should "buy" me some time, if I need it. Knock on wood. 

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