In 2016, Apple is easy to understand. Not so easy earlier in 1997. Even so, many folks still think is already too large, too matured, no more S-curvesā¦ so they prefer TSLA CRYPTO PLTR ENPH SNOW NET Young investors believe in ROI (radio on internet) 
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Sundar pays top dollar for three Apple engineers. They are that good?
If they are that good of engineers, then wouldnāt Siri be better?
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Apple ties their own hands to respect privacy and use limited data. I am not well verse in AI technology. Is it true that AI need lots and lots of data to train? Anyhoo, too few data, insufficient training. Looking from another perspective, there is no breakthrough in using limited data.
It does take a lot of data. Iām learning a ton about AI lately. Iām involved in building cost models for all the AI products under development. What Iāve learned is converting speech into text is VERY compute intensive. Once text is created, then itās inexpensive to apply AI models. Converting speech to text is a trade off between latency and accuracy. Allowing latency gives the model have more context which increases accuracy.
The backlog for nVidiaās new H100 processor is 4-5 months. I wonder about the long-term growth for it. It appears it only needs to be used to train the models. Once they are trained, then they run on CPUs. Thereās a training boom right now.
ChatGPT must have a very high training cost. However, once they train it the costs to run it would be very low. The margins are probably amazing. Training costs should hit R&D expense. I want to see a P&L for OpenAI. It should be all about hitting scale with revenue to cover the training costs. There would be an inflection point where the start printing profits.
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Thank you for the detailed explanation.
Look like NVDA still have some rooms to runā¦ after that, might have to re-assess.
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Yet another new high. Earning is on May 4 
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The āLTā downtrend line didnāt work, Panda is praying that the LT Cycle will work. 
Technically, AAPL MSFT META have similar charts. Would be surprised AAPL behaves differently from MSFT META post-earning.
If dips? BTFD 
Beat top and bottom lines. Share price hardly moved. Not good enough for Mr Market.
No idea how to count the internal structure of the intermediate (multi-week) waves. Below is just one possible count 
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Apple revenue fell YoY. But moar financial engineering saves the day.
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You are quick to throw mud 
Anyhoo, some maths for youā¦
Revenue = Product sales * GPM (product) + Services sale * GPM (service)
Donāt you like that Services which have the higher GPM is growing 
Btw, as an investor, share price weighs more than revenue (small fluctuations are ok, increasing would be splendid).
I was just pointing out the fact that Apple is not a growth company. Sure it can have high margins. But if revenue is not growing (itās in fact falling) it can be a great cash cow but not going to be in the leading wave companies for the next era.
Contrasts that with Microsoft. Similar age. But Microsoft has been very aggressive in getting into new markets. Apple is just coasting on old glories.
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Huh! Chasing latest hype is good? What ChatGPT is what many tech companies trying to do decades ago. Then is called intelligent agent or secretary or daemon or something like thatā¦ canāt remember the exact words usedā¦ many decades ago. MSFT has been trying to figure outā¦ their engineers are crappyā¦ need to adopt ChatGPTā¦ shame on MSFT.
You have been sleeping on your wheel. Anyhoo, Apple wonāt announce any vapor wares. Products will be announced when they are ready for mass adoption. Not the same as MSFT and TSLA.
Please look through the revenue for a few years. Donāt just repeat what media claimed.
