Today – and, admittedly, always – we refer fondly to John C. Dvorak as a “bloated gasbag” on the occasion of his passing at the age of 80. John wrote and said things, seemingly at random, basically in order to get a rise out of people, not so much because he deeply believed them. Long before the rise of social media, Dvorak was an exemplary engagement farmer, a master of outrage bait, a troll king. He certainly prompted us to spill reams of digital ink all over our pages for many years and we’ll miss him. Here are just a few examples:
Here are some of the bloated gasbag’s greatest emissions: • The Macintosh uses an experimental pointing device called a “mouse.” There is no evidence that people want to use these things. — John C. Dvorak, 1984 • Apple should pull the plug on the iPhone… What Apple risks here is its reputation as a hot company that can do no wrong. If it’s smart it will call the iPhone a ‘reference design’ and pass it to some suckers to build with someone else’s marketing budget. Then it can wash its hands of any marketplace failures… Otherwise I’d advise people to cover their eyes. You are not going to like what you’ll see. — John C. Dvorak, 2007 • iPhone which doesn’t look, I mean to me, I’m looking at this thing and I think it’s kind of trending against, you know, what’s really going, what people are really liking on, in these phones nowadays, which are those little keypads. I mean, the Blackjack from Samsung, the Blackberry, obviously, you know kind of pushes this thing, the Palm, all these… And I guess some of these stocks went down on the Apple announcement, thinking that Apple could do no wrong, but I think Apple can do wrong and I think this is it. — John C. Dvorak, 2007 • The Apple iPad is not going to be the company’s next runaway best seller. — John C. Dvorak, 2010 • Within the decade, Microsoft should have a minimum of 300 stores. They should do as well as the Apple Stores. — John C. Dvorak, 2012 MacDailyNews Take: John, you bloated gasbag, you will be missed! R.I.P. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post John C. Dvorak, bloated gasbag, dead at 80 appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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Thursday, July 23, 2026
John C. Dvorak, bloated gasbag, dead at 80
HSBC upgrades Apple to Buy, raises price target to $366 ahead of Q3 earnings
HSBC has become the latest Wall Street firm to show increased confidence in Apple upgrading the stock from Hold to Buy and raising its price target to $366 from $260. Analyst Nicolas Cote-Colisson cited Apple’s “operational turning point,” improving iPhone demand, and a promising AI-driven product cycle as key factors behind the upgrade. The new target implies roughly 10-12% upside from recent trading levels around $325–$333. “Apple is at an inflection point with a strong cycle ahead,” the note indicated, pointing to better-than-expected hardware momentum, services resilience, and the upcoming rollout of enhanced Apple Intelligence features. HSBC also outlined a blue-sky scenario that could push the target even higher if AI execution exceeds expectations. This move follows several other recent analyst actions in July 2026: • Citi raised its price target to $365 from $315 (Buy rating) on July 13, emphasizing market share gains and AI upside. • KeyBanc downgraded the stock to Underweight with a $250 target on July 14, a more cautious outlier view. • Earlier in the month, JPMorgan lifted its target to $345. The adjustments come as investors gear up for Apple’s fiscal third-quarter earnings on July 30, 2026. Analysts will be watching iPhone sales trends, services growth, gross margins, and forward guidance into the fall launch season. The consensus on AAPL is a Moderate Buy, with an average price target around $325–$330 across 30+ analysts. Bullish firms continue to highlight Apple’s ecosystem strength and AI potential as drivers for a multi-year growth story. Apple shares have shown resilience in 2026, up significantly year-to-date, though they remain sensitive to macroeconomic factors and competition in premium smartphones. MacDailyNews Take: KeyBanc is regularly wrong on Apple, so their recent downgrade is actually yet another positive sign for AAPL. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post HSBC upgrades Apple to Buy, raises price target to $366 ahead of Q3 earnings appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription.
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John C. Dvorak, bloated gasbag, dead at 80
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