Gene MunsterApple June Quarter PreviewApple will report June quarter results on Tuesday, July 27th. We expect fractional upside to June consensus revenue growth estimates of 23% y/y and EPS of $1.01. The numbers will continue to have noise given that comps are the most…Read more Apple
Gene MunsterFSD Will Have Powerful Impact on Tesla ProfitsWhile the timing of Tesla reaching full autonomy is still an unknown, with Elon Musk less vocal on the topic over the past six months, the company is moving forward with the initiative. Tesla made it official, launching the subscription…Read more Tesla
DeepwaterMid-Year Update on Our 2021 PredictionsWe publish our annual predictions around New Year’s and, per tradition, do a mid-year check-in in July. Here’s how our predictions for 2021 are tracking. 1. Apple will be the top-performing FAANG stock in 2021. Mid-year update: AAPL is meaningfully…Read more Technology
Gene MunsterTesla Delivery Growth Acceleration ContinuesTesla’s June deliveries are further evidence of a true growth story. Excluding the impact of the easy comps, the company appears to be in the slope of its growth S-curve. We believe the reason this is happening is a combination…Read more Tesla
Gene MunsterApple’s Key to Its Health Ambitions: Class II Watch FeaturesThe Wall Street Journal reported that Apple has an internal project codenamed “Casper,” which has explored the possibility of creating an Apple primary care network. A primary care network is a group of doctors and clinics that focus on delivering basic medical…Read more Apple, Augmented Reality
Gene MunsterReal Estate Disruption LandscapeA number of companies are going after the opportunity to disrupt residential real estate – Zillow, Opendoor, Redfin, Offerpad, Compass, Homeward, and Porch, to name a few. The reason is that residential real estate is 1) a massive, fragmented market…Read more Opendoor, Zillow
Gene MunsterPreviewing WWDC 2021Apple’s annual Worldwide Developers Conference (WWDC) will take place June 7-11. The event is a time for the company to preview its software updates to developers, alongside the occasional hardware update. Below we’ve outlined what we expect Apple to announce…Read more Apple, Augmented Reality, Virtual Reality
Gene MunsterApple Epic Trial Check-InApple and Epic Games (creator of Fortnite) are in the third week of their bench trial with Judge Yvonne Gonzalez Rogers, the culmination of a feud between the two companies regarding App Store take rates and in-app purchases (IAP). As…Read more Apple
Gene MunsterApple’s Five-Year Revenue Growth OutlookApple shares have drifted lower following its record March quarter in which the company grew revenue 54% and delivered one of the best quarter beats in recent memory. Setting aside the current rotation out of tech, the key question exiting…Read more Apple
Gene MunsterTesla Marches OnMarch deliveries, earnings, gross margin and outlook all represent a step forward for Tesla. The big picture is the shift to EVs, autonomy, and renewable energy will take longer than most think but in the end will be more transformative…Read more Tesla
