Here are FIVE stone cold facts:
(1) $Apple(AAPL)$ has been pouring billions into R&D to develop generative AI for YEARS, and just tonight has finally indicated that they will reveal the fruits of this R&D later this year.
(2) AAPL is a buyback machine that is manically buying back shares and shrinking their float.
(3) 90% of teenagers across the world who buy a smartphone buy an I-phone - and this hooks almost all of them into the AAPL flywheel ecosystem for life,
and (4) AAPL services revenue is booming and will continue to grow like a weed.
Apple going to $200 and everyone knows it. Stay long and strong, sit back and relax. ignore the noise. they did it with $Amazon.com(AMZN)$ and amazon making new highs.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments