B-Mc-C

tmay said:

B-Mc-C said:

I am thinking now is the time to trim just a little. I’ve read Epic’s motion for temporary restraining order and I found the hearing on the calendar for next Monday with Edward Chen. I researched the judge and feel like there is a strong chance Epic secures injunctive relief at least until they lose in the end, which could take ages. In the meantime, they’ll be allowed to violate their developer agreement all they want and there’s nothing Apple can do about it.

There isn't any need for injunctive relief, nor a temporary restraining order, as Apple has only asked that Epic meet its responsibilities as a developer, and requirements for inclusion in the store. Epic could easily meet those requirements without impacting the lawsuits.

Epic did all of this "grandstanding" to gain attention. That happened, and from here on, it will be all legal decisions and regulatory solutions, not opinions of the tech community.

Hope you guys are right, as AAPL is 100% of my portfolio, but if you read the 40 page court filing (https://cdn2.unrealengine.com/epic-v-apple-8-17-20-768927327.pdf  - pages 18-32 specifically) and consider the judge hearing the motion, which is being heard in the liberal 9th circuit, the bar / burden is quite low for the temporary injunction to be granted. That aside, many are calling for a 10% broad market pullback this week on CNBC. I am going to buy some more in-the-money LEAP calls if that happens. Long AAPL!

I am thinking now is the time to trim just a little. I’ve read Epic’s motion for temporary restraining order and I found the hearing on the calendar for next Monday with Edward Chen. I researched the judge and feel like there is a strong chance Epic secures injunctive relief at least until they lose in the end, which could take ages. In the meantime, they’ll be allowed to violate their developer agreement all they want and there’s nothing Apple can do about it.

This will be such a great way to juice sales and drive Apple Card adoption. Add in the 6% cash back (Apple’s own COVID stimulus, per se) we saw during the holiday season last year and they may get through these difficult times unscathed.

Suppose someone anonymously self-identifies as having tested positive (as some sort of prank), and then everyone who has been close enough to get a ping from them in the last 14 days is told to self-isolate, resulting in fear and panic. This whole thing is a bad idea.

Can someone help me understand why Apple continues to perform accelerated share repurchases from large institutions at significant premium to market prices (30%+) rather than just exclusively purchasing shares on the open market? I had always assumed it was because such massive open market buying would bid up market prices to about that same level, but as this article states, they were able to buy 40 million shares on the open market for $10 billion, versus only 30 million shares via ASRs for the same price. Not only are they rewarding the firms with enough power to pump and dump the stock, but they’re basically losing money by overpaying for those shares. What gives? Serious question.