Tiger V
04-25
I opened $Apple(AAPL)$  ,Although Apple's performance in 2024 has been less than stellar, I see potential for long-term growth in the company. Slowing iPhone sales in China have been a concern, but I believe the upcoming integration of artificial intelligence (AI) into Apple's devices will act as a strong catalyst for shares. The anticipated AI-related features in the iPhone are expected to trigger the next upgrade cycle, potentially driving up hardware sales and boosting Apple's services revenue. These AI enhancements can significantly improve user experience and create new opportunities for Apple to expand its ecosystem. Given these prospects, I see this investment as a strategic move to position myself for future growth. I anticipate that once the AI features are rolled out, the stock will gain traction and may not return to its current levels. As such, I am willing to hold onto my investment through the current downtrend and wait for the potential upside that these innovations could bring to Apple's stock in the coming months and years.
After Apple's Beat, Will the Giant Hit $190?
Apple jumped 6% after the company announced revenue and earnings that beat analysts' estimates driven by record-high Services revenue. The company also announced a $110 billion share buyback program and increased its dividend by 4% to 25 cents per share. ------------ Can Apple return to $190 or go higher than that? Will Apple help lift the broader market? What's your target price for Apple?
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