Hello everyone. Two quick follow-ups to yesterday’s update:The “ESPN in 100M households at its peak” vs. "Netflix’s 74M paying subscribers in the U.S. and Canada" is not a simple comparison. Not only is password sharing rampant with Netflix - making…
Lees meerHello everyone. The daily updates return with a post-Memorial Day update focused on some of Neil's thoughts about Apple Watch bands. We then turn to news on the Disney streaming front. The Case for More Durable Apple Watch Ultra BandsApple …
Lees meerHello everyone. We kick things off with the fourth largest U.S. retailer sounding the alarms about the U.S. consumer. The update goes over how U.S. consumers becoming more cautious stands to impact Apple. The discussion then turns to Apple signing a…
Lees meerHello everyone. We wrap up Big Tech earnings reviews with Alphabet and Microsoft. There are a handful of earnings from smaller companies worth going over – we will do that at some point next week. We kick off today’s update with Neil’s thoughts on A…
Lees meerHello everyone. Welcome to a new week.The news flow related to AR/VR headsets is picking up. Apple is widely expected to unveil its entry into the space in just two weeks at WWDC. My assumption continues to be that Apple’s headset will be unveiled a…
Lees meerHello everyone. With WWDC kicking off in less than three weeks, today's update will go over some of the hoopla surrounding Apple's upcoming mixed reality headset. We begin with Neil’s thoughts on the WSJ’s recent report about the Apple headset. The …
Lees meerHello everyone. There were a few follow-ups to yesterday's discussion regarding paid video streaming. We will look at how paid streaming is performing relative to the elephant in the room: YouTube. We will then turn our attention to the momentum fou…
Lees meerHello everyone. Happy Tuesday. Today's discussion will take us into paid video streaming land. Last week, Disney reported CY1Q23 earnings. We go over Neil’s thoughts on the earnings release. The update then turns to Bob Iger’s plan to combine Disney…
Lees meerHello everyone.Welcome to a new week.To recap where things stand in what has been a whirlwind of a month, last week we concluded our Apple 2Q23 earnings review. There were four updates dedicated to earnings:Apple 2Q23: By the Numbers, Apple Device U…
Lees meerHello everyone. We will conclude our Apple earnings review by looking at Apple’s paid subscriptions growth and gross margins. There are a few follow-ups that we have not covered yet. The discussion includes Neil’s thoughts on why Apple’s gross margi…
Lees meerHappy Tuesday.In today’s update, we will go over Apple’s 2Q23 10-Q. We will then discuss Apple’s buyback and cash dividend programs.Let’s jump right in. Apple 2Q23 10-Q TakeawaysPublished at the end of FY1Q, 2Q, and 3Q, 10-Q filings provide…
Lees meerHello everyone. Welcome to a new week.Last Friday, we went over the numbers from Apple’s 2Q23 earnings release. We also looked at two of the major themes from earnings: the impact from less device upgrading and Apple’s emerging markets strength.In t…
Lees meerToday's special Friday edition of the Daily Update will be focused on reviewing Apple's earnings. The idea is to keep things broad and look at the big picture takeaways. We also examine how Apple’s results compared to Neil’s expectations. Hell…
Lees meerApple reports FY2Q23 earnings on Thursday. Today’s update contains the second half of Neil’s earnings preview. The first half is available here. The update begins with Neil’s granular financial estimates. The discussion includes qualitative explanat…
Lees meerHello everyone. Apple reports FY2Q23 earnings (results from January to March) on Thursday. We kick off today’s update with Neil’s big picture thoughts and expectations heading into Apple’s earnings. The discussion includes a look at the U.S. dollar’…
Lees meerWe kick off the update with AirTag news. Neil shares his views on NYC handing out 500 AirTags to deter car thefts. The development marks quite an interesting PR turn for the bluetooth tracker. The discussion then turns to the WSJ reporting on a new …
Lees meerHello everyone. We wrap up the week with Meta’s 1Q23 earnings. Neil goes over the positives and negatives from the report. Meta continues to experience quite the rebound in expectations. With job cuts and expense reductions at the top of Meta’s cons…
Lees meerHello everyone. Today's update will be dedicating to discussing the latest chapter of the Epic Games vs. Apple legal battle in the U.S. The U.S. Court of Appeals for the Ninth Circuit upheld all of the district court’s rulings that Epic had appealed…
Lees meerHello everyone. We have a media / video streaming Tuesday on tap for today’s update. We will begin with Netflix earnings. The Netflix narrative is quickly shifting to advertising. That will lead to a few other streaming-related news items. Netf…
Lees meerWe kick things off with Humane’s co-CEO Imran Chaudhri unveiling what the company has been working on in a series of demos during a TED Talk. It’s the first time the buzzy HW startup with dozens of former Apple employees has shown off anything publi…
Lees meerHello everyone. Earnings season is upon us. The plan for this earnings cycle is to focus in particular on larger themes and base our discussions around any changes or developments to those themes. We will kick things off with Tesla and the auto spac…
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