Gene MunsterFraming Apple’s Cash Position Post Repatriation; No Change to M&A PhilosophyM&A philosophy likely to remain unchanged. With the new tax structure we expect Apple will bring $214B back to the U.S. using a 15.5% one-time repatriation tax rate. We don’t expect this cash will change Apple’s M&A philosophy, which will likely…Read more Apple
Gene MunsteriPhone X Availability; Expect Supply Demand Equilibrium Mid JanuaryConclusion. For the second week in a row, iPhone X supply improved materially both in-store and online. We now believe iPhone X will reach global supply demand equilibrium in mid January. This means the Mar-18 outlook will have a small bump…Read more Apple
Gene MunsterYet Again, Apple Doubles Down on AR with Finisar InvestmentSpecial thanks to Austin Bohlig for his work on this note. This morning Apple announced they will be investing $390M in Finisar (FNSR), which is the company’s second largest vertical-cavity-surface-emitting-laser (VCSEL) supplier. VCSEL arrays are the key technology that powers 3D sensing applications…Read more Apple, Augmented Reality
Gene MunsterWayback Machine: AAPL IPO 37 Year AnniversaryRare photo of Steve Jobs and Steve Wozniak in 1980 Today is the 37th anniversary of Apple’s IPO. Apple Computer, Inc. was founded in 1976 and went public on December 12, 1980. Led by Steve Jobs, Chairman of the Board…Read more Apple
Loup Ventures2018 Market Outlook: Who’s Winning in AR & VR?Written by guest authors Lindsay Boyajian, Product Marketing, and Zack Kadish, Professional Services at Conductor. For the past few years, we’ve seen the buzz around AR and VR build. All the major players from Amazon to Apple to Snap have made…Read more Amazon, Apple , Augmented Reality , Google , Virtual Reality
Gene MunsteriPhone X Availability Showing Dramatic ImprovementsConclusion. iPhone X supply improved materially over the past week both in-store and online. We now believe iPhone X will be near global supply demand equilibrium by the end of December or early January. Previously, we had anticipated iPhone X would…Read more Apple
Gene MunsterApple Wearables Drafting on Tech’s Push into HealthcareHealthcare is in the midst of a dramatic transformation. This may seem obvious, but the culmination of this week’s news – CVS buying Aetna to create a new healthcare platform and Apple partnering with Stanford to carry out a medical…Read more Amazon, Apple , Artificial Intelligence , Google
Gene MunsterKey iPhone X Supplier Receives Qualification and Meaningfully Expands CapacityFinisar (FNSR) reported earnings for the Oct-17 quarter and the company announced they began shipping production quantities of VCSEL arrays. Finisar is Apple’s 2nd largest VCSEL array supplier, which powers 3D sensing applications such as facial recognition through a flood…Read more Apple, Augmented Reality
Loup VenturesFeedback Loup: Switching From Android to iOSWritten by Alex Schwappach The grass is always greener. I’m an intern at Loup Ventures and I just got my first iPhone, an iPhone 8 Plus. It’s still early, but three weeks into my ownership I’m undecided about my next…Read more Apple, Feedback Loup
Gene MunsteriPhone X Online Lead Times Improve, In-Store WorsensConclusion. iPhone X supply had mixed results over the past week with online improving and in-store worsening. We anticipate iPhone X lead times of more than 4 days to continue for the balance of 2017 and expect the iPhone X to…Read more Apple
