Apple seems ready to replace Tim Cook with John Ternus. But with misses in mixed reality, AI, smart home, autonomy and the iPhone Air, he’s the wrong leader for a company that’s arguably lost an edge. Apple needs fresh vision, not a hardware continuity candidate doubling down on 5 years of misfires.
NVDA’s print has traders chasing a Santa rally while the VIX quietly sits in the low 20s, pretending risk is optional. AAPL’s climb-and-collapse should be a warning: blow-offs don’t end in celebration. If protection was a gift at 14, it’s still mispriced now.
AAPL’s five-day chart is a stumble down a staircase with no handrail. $272 has become the market’s favourite rejection zone where every bounce goes to die. Meanwhile CNBC cheers China’s ‘33% surge,’ quietly omitting that Beijing’s subsidies are doing most of the lifting.
An exercise in making the case for a pullback to $225, unless, of course, Apple manages something genuinely new for a change. Let’s give hopium the elbow and stick to observable reality for now, though.
Apple’s $229 “iPhone Sock” proves the company can still out-parody itself, launching couture accessories while quietly shelving the iPhone Air. Culture, not hardware, remains the problem. From Vision Pro to Siri to Socks, Apple’s new product line is failure by design.