Gene Munster

Gene Munster

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Tech investor (Loup); U.S. big tech leadership and earnings.

NVDA's Next Report Needs 2027 Growth Assurance
SocialMay 7, 2026

NVDA's Next Report Needs 2027 Growth Assurance

T-minus 10 trading days until $NVDA reports (May 20). For shares to move higher, Jensen needs to make investors comfortable with 2027 growth.

By Gene Munster
AI-Driven Mac Demand Fuels Growth, Cost Pressures Loom
SocialMay 6, 2026

AI-Driven Mac Demand Fuels Growth, Cost Pressures Loom

Prediction: When people start getting cowork and codex rockin on their laptops, these gonna a run to upgrade laptops. Good for Macs I’m FY27. Street is looking for 7% growth. Question is how they’ll handle the increased component costs....

By Gene Munster
Meta Joins Big Tech’s $5B Robotics Race
SocialMay 1, 2026

Meta Joins Big Tech’s $5B Robotics Race

$META getting more into physical AI (aside from smart glasses). They just acquired Assured Robot Intelligence to build humanoid robots. No terms given. My guess is they paid sub $5B. Big Tech (TSLA, GOOG, AMZN) appears all-in on robotics,and they'll...

By Gene Munster
Cooks Would Reinvest $5B Tariff Refund Into US
SocialApr 30, 2026

Cooks Would Reinvest $5B Tariff Refund Into US

Cooks says if they get a tariff refund, which I estimate would be close to $5B, they would reinvest it into the US.

By Gene Munster
Mac Supply Constraints Shave 1‑2% Off Apple Guidance
SocialApr 30, 2026

Mac Supply Constraints Shave 1‑2% Off Apple Guidance

More on the constraints. Cook says the availability of advanced modes in System on Chips (SoCs), not memory. The majority is on the Mac mini, Mac Studio and Mac Neo. Those products collectively account for about 3% of revenue. The...

By Gene Munster
IPhone 17 Drives Record Upgraders, Echoing FY21 Surge
SocialApr 30, 2026

IPhone 17 Drives Record Upgraders, Echoing FY21 Surge

Question comes up on why the iPhone 17 has been so strong. Cook calls it "amazing" across the world. Cooks says they set a new record for upgraders, which underscores some of what we are seeing in these strong numbers...

By Gene Munster
Apple’s Modest Rise Hints at Future Growth Super‑cycle
SocialApr 30, 2026

Apple’s Modest Rise Hints at Future Growth Super‑cycle

$AAPL up 4% does not reflect how good the guide was. In a vacuum, I would have expected the stock to be up closer to 10% on that guide. I believe the reason is investors are thinking about what's after...

By Gene Munster
Apple’s Upbeat Guide Lifts Stock, Beats Revenue Forecasts
SocialApr 30, 2026

Apple’s Upbeat Guide Lifts Stock, Beats Revenue Forecasts

Strong guide from $AAPL. Stock now up 2%. June revenue growth target of 14-17% vs. Street at 9%. Gross margin at 47.5%-48.5% vs. Street at 47.6%.

By Gene Munster
Business Needs Prioritized over Capital Returns, CFO Says
SocialApr 30, 2026

Business Needs Prioritized over Capital Returns, CFO Says

CFO says capital returns remains important to long term shareholder value. He also said, the needs of the business come before capital returns.

By Gene Munster
Supply Limits Hit March Revenue, Guiding Outlook Positive
SocialApr 30, 2026

Supply Limits Hit March Revenue, Guiding Outlook Positive

CFO Kevan Parekh says if not for supply constraints, revenue would have been higher in March. That's a good sign for the upcoming guide. Stock still down 1%. Investors want to hear the guide. $AAPL

By Gene Munster
Apple CEO Confirms New Siri Launch at WWDC June 8
SocialApr 30, 2026

Apple CEO Confirms New Siri Launch at WWDC June 8

Cook reiterates Siri coming this year. He also told CNBC that he's excited for the new Siri at WWDC. All eyes are on WWDC26 June 8th.

By Gene Munster
Cook Blames Supply Constraints for Weaker iPhone, Stock Unmoved
SocialApr 30, 2026

Cook Blames Supply Constraints for Weaker iPhone, Stock Unmoved

Cook says the iPhone would have been stronger if not for supply constraints. I'm surprised the stock did not move higher. $AAPL

By Gene Munster
IPhone Growth Likely Cycles: 10% Every Third Year
SocialApr 30, 2026

IPhone Growth Likely Cycles: 10% Every Third Year

$AAPL investors need to start thinking about iPhone growth next year. This fiscal year iPhone will grow around 17%. Next year the Street is expecting 5%. The 5% is ahead of the growth we saw in 2023-2025. FY25 - 4% FY24...

By Gene Munster
Apple Projects 10‑12% Revenue Rise, Margins Dip, AI Upside
SocialApr 30, 2026

Apple Projects 10‑12% Revenue Rise, Margins Dip, AI Upside

For the $AAPL call. Revenue guide for June: I expect 10-12% ($104B-$106B) This has been a super cycle. Whats the encore in CY27? Margins: How will the component environment impact margins in the back half? Last quarter, Cook said changes are likely...

By Gene Munster
Gene Munster | Pulse