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Can someone explain why the AAPL share drops 1% during the event. Did the market expect more? If so, what?

by fsto 2y ago

machinekob 2y ago
I mean how they'll monetise it?
- martimarkov 2y ago
  % share with OpenAI? Plus I’d now consider buying the new iPhone and wasn’t planning on a specific update from a 13 given the hardware is still fine
  - fsto 2y ago
    I’m assuming many will consider buying an iPhone 15 pro or the next one. I’m really not a trader, but thought this + the stronger ecosystem lock-in effect would bump the share significantly.
  - algesten 2y ago
    In fact, not being able to do some of these things might improve privacy.
- tedd4u 2y ago
  Incremental increase in future hardware sales (that will be required to use it fully).
- mysteria 2y ago
  It's like any other feature in that the purchase price of the new iPhone and App Store revenue helps pay for the AI functionality. Like they hope people will want to upgrade their phones or switch to Apple for this.
paradite 2y ago
Maybe people are expecting new Macbooks? Though Apple don't usually release hardware for WWDC.
xnx 2y ago
Apple has largely maxed-out on iPhone market share, so investors probably want to see things more like subscription services than can bring in $XX billions new revenue per quarter.
- fsto 2y ago
  To use Apple Intelligence on mobile you’ll need iPhone 15 pro or later which I (not a trader) thought would make investors happy.
- crooked-v 2y ago
  Or in other words, general late-stage capitalism "anything but exponential growth every quarter is failure" brainworms.
  - anonbanker 2y ago
    Does anyone else roll their eyes when someone mentions "late stage capitalism" anymore? The meme has started literal decades ago, and the end-stage never seems to materialize, in any country, ever.
Hamuko 2y ago
Market expected Apple ChatGPT, but they got Siri with some fixes. Literally one of the demonstrations in the Apple Intelligence part of the keynote was "7am alarm", which creates an alarm for 7 AM.
qeternity 2y ago
Buy the rumor, sell the news. A tale as old as markets.

Can someone explain why the AAPL share drops 1% during the event. Did the market expect more? If so, what?

by fsto 2y ago

Can someone explain why the AAPL share drops 1% during the event. Did the market expect more? If so, what?

machinekob 2y ago

I mean how they'll monetise it?

martimarkov 2y ago
% share with OpenAI? Plus I’d now consider buying the new iPhone and wasn’t planning on a specific update from a 13 given the hardware is still fine
- fsto 2y ago
  I’m assuming many will consider buying an iPhone 15 pro or the next one. I’m really not a trader, but thought this + the stronger ecosystem lock-in effect would bump the share significantly.
- algesten 2y ago
  In fact, not being able to do some of these things might improve privacy.
tedd4u 2y ago
Incremental increase in future hardware sales (that will be required to use it fully).
mysteria 2y ago
It's like any other feature in that the purchase price of the new iPhone and App Store revenue helps pay for the AI functionality. Like they hope people will want to upgrade their phones or switch to Apple for this.

paradite 2y ago

Maybe people are expecting new Macbooks? Though Apple don't usually release hardware for WWDC.

xnx 2y ago

Apple has largely maxed-out on iPhone market share, so investors probably want to see things more like subscription services than can bring in $XX billions new revenue per quarter.

fsto 2y ago
To use Apple Intelligence on mobile you’ll need iPhone 15 pro or later which I (not a trader) thought would make investors happy.
crooked-v 2y ago
Or in other words, general late-stage capitalism "anything but exponential growth every quarter is failure" brainworms.
- anonbanker 2y ago
  Does anyone else roll their eyes when someone mentions "late stage capitalism" anymore? The meme has started literal decades ago, and the end-stage never seems to materialize, in any country, ever.

Hamuko 2y ago

Market expected Apple ChatGPT, but they got Siri with some fixes. Literally one of the demonstrations in the Apple Intelligence part of the keynote was "7am alarm", which creates an alarm for 7 AM.

qeternity 2y ago

Buy the rumor, sell the news. A tale as old as markets.