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Apple updates Macbook Pro, iMac with M3 chip, as expected

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Top stories today:

  1. Apple updates Macbook Pro, iMac with M3 chip, as expected
  2. SBF's cross-examination: SBF wasn't sure ~150 times
  3. X issues stock to employees at $19B valuation, -39% vs. $31B
  4. Israel expands airstrikes in Hezbollah, Gaza

0. Data and calendar

All values as of 6 AM ET / 3 AM PT, other than S&P500 close (4 PM ET / 1 PM PT).

All times are ET.

1. Apple updates Macbook Pro, iMac with M3 chip, as expected

Screenshot from event.

  • M3 Max is up to 2.5x faster than M1 Max.

  • Other comparisons are less impressive: the 16” Macbook Pro now goes up to 128GB of unified memory, from 96GB, and its CPU/GPU now goes up to 16/40 cores, from 12/38. - The Verge, Apple

The iMac was upgraded directly from the M1 to the M3, but other than the chip, its features are also little changed

Screenshot from event.

Read more: The Verge, Apple.

Apple's announcement event was fully shot on the iPhone 15 Max Pro

  • USB-C is still being used in these Mac peripherals: Magic Keyboard, Magic Trackpad, and Magic Mouse. - MacRumors

2. SBF's cross-examination: prosecution points out inconsistencies, SBF wasn't sure ~150 times

  • The prosecution presented hard evidence and SBF said he didn't recall. Examples including: the infamous fake balance sheet with 7 versions, his testimony to Congress, his post-collapse interviews, etc.

    • ~150 times SBF said β€œI don't know,” β€œI don't recall,” or similar language. - The Block

  • Today: cross-examination until lunchtime, then re-direct, and potentially the end of evidence, preparing for closing statements on Wed. - Bloomberg live

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4. X issues stock to employees at $19B valuation, -39% vs. $31B acquisition equity value

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