Neil Cybart

@BlakeC “You said they’re betting on live because of AI.” I did not say that. I said: “Apple betting on humans as AI invades the music industry.”

@Kangiboy1987 Apple has been the best performer YTD though.

While everyone was focused on the iPhone 18 Pro and iPhone Duo from Apple’s September event, I believe we received a very BIG clue regarding how Apple is going to approach smart glasses. My latest Above Avalon article, found below, goes over everything there is to know. https://t.co/eqetgyzHlu

In 2026, every Big Tech stock has experienced a huge rally at some point, often materializing in just a few weeks. - Alphabet (March to May): +41% - NVIDIA (April to May): +38% - Microsoft (July): +37% - Meta (August to September): +36% - Amazon (April): +33% - Apple (July): +21% For companies with market caps measured in the trillions of dollars, this kind of trading behavior is noteworthy. There is a lot of unease in the market which leads to coiled springs and momentum trades. However, I think there is a deeper feeling starting to build across Wall Street. I believe the market has begun to predict that the Big Tech capex arms race will cool. This is providing some “relief” for names that had been pressured for a good 18 to 24 months. I discussed my thesis in greater detail in the following @InsideOrchard essay: https://t.co/Bn87TMjbZc

Apple betting on humans as AI invades the music industry. https://t.co/jT3prek8sp

I would be careful running too fast with hard conclusions regarding this exhibit. I'm seeing many people say "AI" is to blame. That theory doesn't sit right with me. We saw quite the change in U.S. politics take place right at this exhibit's peak data point. In addition, popular services like Apple News *can* be playing a role. Social media algorithms have also been penalizing link-outs for years.

@dsotti It’s not semantics lol. It’s the reason Apple is Apple and other companies…aren’t.

@dsotti Innovation is something that adds value to people’s lives. Apple’s goal has been to add innovation to every new iPhone. It’s one of the defining ways to measure success. Improved durability thanks to materials and other changes is one form of innovation.

Year-over-year iteration that compounds over time is one way Apple beats the competition. It’s very difficult to respond to genuine innovation being added every year without fail. https://t.co/mjSLGZn5DF

Timing is everything with an IPO. One has to wonder if Oura's decision to IPO in the fall, after Apple held its big product event of the year, was an unforced error. Apple will be one of Oura's biggest headaches going forward. Oura now has to try to explain away the deeper move into proactive health monitoring that Apple unveiled two weeks ago. Here's my @InsideOrchard essay on why Oura's IPO is giving me déjà vu: https://t.co/QnZA1lgL3q