Mac OS Ken: 08.13.2020

Mac OS Ken

Ken Ray

Technology

4.7 • 997 Ratings

🗓️ 13 August 2020

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

- Evercore Ups Apple Target to $460 Ahead of iPhone Launch - Canalys: US iPhone Sales Grew 11% in Q2 While Segment Shrank 10% - Take 1 - Foxconn Beats June-Quarter Expectations - Foxconn Moving More Manufacturing Out of China - Apple Updates iOS and iPadOS to v13.6.1 - Apple Releases Bug Fixing Supplemental Catalina Update - US Apple Store Online Adds Apple Card as One-Touch Payment Option - Apple Maps Adds Japanese Cities to Look Around - Wall Street Journal Sticking with Apple News - Apple TV+ Announced Animated "Harriet the Spy" Series - Cut your wireless bill to 15-bucks a month at MintMobile.com/MACOSKEN - Do you have a Few Minutes for "In a Few Minutes?" It's in Apple Podcasts and Overcast now! - Power what we do next for as little as $1 a month. Join the Mac OS Ken Test Kitchen at Patreon at Patreon.com/macosken - Send me an email: info@macosken.com or call (716)780-4080!

Transcript

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0:00.0	This is Mac OSKIN.
0:07.0	This is Mac OS Ken.
0:11.0	Another raised Apple target, iPhones and a company that makes them, and a small
0:17.5	selection of updates, it's Thursday the 13th of August, 2020. I'm Ken Ray, and this is news from Maco West Can, brought to you
0:29.8	by yours truly and sponsored by Mint Mobile.
0:34.0	Cut your wireless build a 15 bucks a month at mint mobile.
0:39.5	dot com slash MacOS Ken. This show is also supported by people like you, patrons through
0:48.2	Patreon. Find out more and add your support at patreon.com slash Macoess Ken.
1:00.0	Ad Rock is just keeping ahead of Apple shares.
1:04.0	Apple 3.0 was published part of a note from Evercore analyst
1:07.5	Amete Daryanani, wherein he raised his Apple target from just underwater to head just above it. With new iPhones
1:16.5	on the way he sees near-term strength for Apple's shares. Kind of funny, he's basing
1:21.7	that on past performance, which financial advisors are required to tell you, is not indicative of future results.
1:29.0	Eh, let's call it informative then. And hopefully, if you're investing, you're listening to lots of people
1:35.4	besides me. Anywho, with new iPhones roughly three months away in Daryanani's estimation, now's the time to buy in his estimation.
1:47.0	Quoting his note, in past launches the greatest average outperformance has come during the 180 day period leading to the launch.
1:56.1	The 90 day period prior to the launch has also generated solid outperformance with lower
2:00.6	volatility than the 180-day period.
2:04.0	The 30 and 90-day periods following a launch
2:07.0	have underperformed on average,
2:10.0	although the dispersion of results here is far wider than in the periods prior to the launch.
2:16.5	The note goes on to say owning Apple into an iPhone launch has historically been a good investment
	...

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