Why I am buying into the 'lack of' enthusiasm for Apple

A 'sure thing' tech darling turned 'has-been'?

With earnings around the corner, caution ensues. But charts aside, what can we expect from earnings (for the long term investors)?

The bear:

- Reduced shipment target for Vision Pro

- Decline in iPhone sales in China

- Expectation for revenue to miss

The bull:

- Expectation for EPS meet or beat

- May 7 event, possible new iPad reveal

- Expectation for AI integration in the (hopefully) near future

- According to MarketWatch, Analyst price targets range from $158 to $250 with an average target of $199.05

- Good entry point well below ATH of $199.62

In my opinion, $Tesla Motors(TSLA)$ has proven that there is lots of sideline cash, and buyers are willing to bet on the future.

There is no denying $Apple(AAPL)$ has a future, but like Tesla (prior to earnings), that future is currently uncertain.

Low expectations may work in Apple's favor, as they may not need to meet all expectations, for positive sentiment to brew. As $Meta Platforms, Inc.(META)$ provided some insight into what high expectations can do.

I don't believe this is the time to go all in, as earnings may invite volatility; but for me it is time to start gathering shares for the long term. If Apple delivers positive guidance and not-so-bad quartely numbers, I may be in for some short term profit; if the stock goes down, I can buy more at a better price. Win-win for the long term investors perhaps?

Can Your Gain on Apple Buy a New iPad Pro?

Apple refreshed its iPad lineup for the first time in over a year during the“Let Loose” event on May 7th. New iPad Pros with OLED outside and M4 chips inside, along with updated iPad Airs available in sizes that go up to 13 inches were the headliners. ------------ What's your target price for Apple? Can the money you've made on Apple cover the cost of getting a new device?

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Why I am buying into the 'lack of' enthusiasm for Apple

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