John Gruber, Kyle Kuzma, Brad Gerstner

Well, I think that effectively they don't want to talk about the fact that it's Gemini technology that's going to be Siri. Right. And they're not going to call that Gemini. They're not going to— you know, they've gotten that announcement out of the way. And that's, that's Apple's foundation models. And if you don't have a Google account or don't use a Google account and don't want to use Gemini, you'll never encounter the word Gemini.

So now they're trading at about 22, 23 times real, SBC included, GAAP earnings. That's about where the market is trading. Yeah. So now just follow me on this. Software is trading— most software names are trading at a higher multiple than NVIDIA. Yeah, right. NVIDIA is trading about 13 times earnings for 70% growth for the thing that is the most essential thing in AI.

You know, it's—