Holy Mackerel -- APPL Surges -- Hits Record (?) -- Early Morning Trading -- June 11, 2024

Locator: 47999AAPL.

 Updates

Later, 10:05 a.m. CDT: amazing. The big story is obviously AAPL today, and yet CNBC barely touches it. Of course, CNBC is part of the MSFT family. 

Later, 10:01 a.m. CDT: MarketWatch AAPL target --

Later, 9:44 a.m. CDT: business schools are now requiring basic courses in AI -- what computers (tablets and laptops do you think they will use? Purdue University -- graduates the most engineering students each year. Scholastically ranked: MIT ... Stanford ... UC-Berkeley .... Purdue. Purdue spokesperson announced this on CNBC this a.m. Every engineering student will be buying an M4 calculator --- oops, I meant an M4 iPad -- high end. Just saying.

Later, 9:41 a.m. CDT: are you kidding me? Up 4.64%; up almost $9; trading above $202.

Original Post

Some / many / most analysts and the CNBC talking heads completely blown away. By the nature of their questions, "they" simply don't get it. 

WWDC is tracked here. 

One word: gaming. 

One phrase: won't require Nvidia chips.

Result: all in-house chips (there are exceptions). Margins remain high; go higher. 

It looks like Apple will put best technology in high end laptops, tablets, and high-end new iPhones -- again, the result should be obvious.

Will be a busy day for blogging. 

**************************

Disclaimer Briefly Reminder

• I am inappropriately exuberant about the US economy and the US market, 
• I am also inappropriately exuberant about all things Apple. 
• See disclaimer. This is not an investment site. 
• 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.
• Reminder: I am inappropriately exuberant about the US economy and the US market, 
• I am also inappropriately exuberant about all things Apple.