The Million Dollar Way (The Bakken Oil Blog): Tim Cook Delivers -- Apple Firing On All Cylinders -- And The Company Is Growing -- Even Without AI -- July 31, 2025

Thursday, July 31, 2025

Tim Cook Delivers -- Apple Firing On All Cylinders -- And The Company Is Growing -- Even Without AI -- July 31, 2025

Locator: 48738AAPL.

Note: as soon as I have time I will address these issues:

what this week's earning calls (magnificent seven) mean with regard to the sixth industrial revolution;
why the Apple AI talk is nonsense; and,
the difference between traders and investors when it comes to magnificent seven

Apple: firing on all cylinders -- CNBC.

A killer quarter for Apple -- CNBC.

Best quarter since 2021 during the lockdown when everyone was buying Apple products because stuck at home.

Not cutting their margins on iPhones; if anything, going the other direction -- CNBC.

Can't wait for Nathan on "Fast Money" to say how bad Apple is doing. Unfortunately, he's not on the panel today.

Apple's Tim Cook said Apple will "significantly grow" its AI investments. Wtih ~ 2 billion active devices -- bringing AI agents natively into that ecosystem will require a level of inference and training that only Nvidia stack is positioned to handle today at scale. -- Shay Boloor.

And, no, Apple is not going to acquire Nvidia. LOL. But they could certainly establish some interesting partners. Apple only partners with the cream of the crop.

Apple's Tim Cook said the company is "open" to an acquisition that woud accelerate its AI road map. -- CNBC.

"Fast Money" host: is doing her best to say negative things about Apple. Same comments / arguments after every quarter earnings report by Apple.

Watch for short squeeze tomorrow, last day of the trading week.

Someone bought $3 million worth of AAPL calls expiring tomorrow.

up as much as 3% after hours; I assume by this time tomorrow, huge pivot down.

Apple board being inundated with requests fo fire Tim Cook for not losing >$100 billion n AI spend while continuing to steal market share in every category.

These numbers will vary over different sites.

growth:s

services, y/y: + 13% to $27.4 billion;
products, y/y: +8% to $66.6 billion.
operating margin: 30% (flat y/y). some sites suggest margins increased y/y; we'll check later.

numbers: