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Tech Brew Ride Home

Fri. 06/30 – Apple $3T?

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, Technology, News

4.71K Ratings

🗓️ 30 June 2023

⏱️ 20 minutes

🧾️ Download transcript

Summary

Second time the charm for Apple to close above $3 trillion? Google says it will remove news links in Canada. Meta will allow you to download apps directly from Ads. Self driving cars are giving cops more surveillance tape. And, of course, the Weekend Longreads Suggestions. Links: Apple’s market cap tops $3 trillion (CNBC) Canada’s ‘link tax’ law could break how the web works, says Google (Android Police) Meta is planning to let people in the EU download apps through Facebook (The Verge) Fidelity Joins Spot-Bitcoin ETF Race With Fresh SEC Filing (Bloomberg) Police Are Requesting Self-Driving Car Footage For Video Evidence (Bloomberg) Weekend Longreads Suggestions: When Will AI Generate a Hollywood Blockbuster? “Give It About Three Years.” (Inverse) These Tech Companies Think They Can ‘Solve’ the Wildfire Crisis (Motherboard) Who killed Google Reader? (The Verge) Mixtape Sites Like DatPiff Propelled Rap. Can They Be Preserved? (NYTimes) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Meme Right Home for Friday, June 30th, 2023. I'm Brian McCullough today.

0:09.0

Second Time The Charm for Apple to close above $3 trillion.

0:13.0

Google says it will remove news links in Canada.

0:16.0

Meta will allow you to download apps directly from ads.

0:20.0

Self-driving cars are giving cops more surveillance tape and of course the weekend long read suggestions.

0:25.1

Here's what you miss today in the world of tech.

0:31.2

As ever, caveat caveat, not sure what this really means in the grand scheme of things, but Apple

0:38.6

has traded above a $3 trillion market cap once again this morning as trading has opened on Wall Street.

0:46.2

Quoting CNBC, Apple was the first company to hit the $3 trillion market cap during

0:51.2

intra-day trading in January January 2022 but it failed to close at

0:55.4

that level. It has another shot to do that today. This shows investors remain

1:00.0

bullish on the stock and Apple's portfolio of products and services despite the

1:03.2

company's warning in May that its current quarter revenue is expected to fall

1:06.4

about 3%. The Apple Bears and skeptics continue to scratch their heads as many

1:11.0

have called for Apple's broken growth story this year in a tougher

1:14.3

backdrop to which we firmly believe the exact opposite has happened with Cupertino heading

1:19.2

into a massive renaissance of growth over the next 12 to 18 months. Wed Bush's Dan Ives said in a note. a opportunity around iPhone 14 and now a mini super cycle iPhone 15 ahead with roughly

1:36.9

25% of Apple's golden customer base not upgrading their iPhones in over four years

1:41.7

he added.

1:43.0

Shares of Apple are up about 47% year to date."

1:46.8

End quote.

1:51.8

Google has told Canada's government it will in fact remove Canadian news links

...

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