Subramanyan
01-14 10:08

$Apple(AAPL)$  Whether Apple has reached a durable bottom after 6 weeks of losses is debatable:

Per the bullish views of  Wedbush or Evercore, the current drawdown is a "waiting game" because the market has not yet priced in an "AI premium" for 2026. In my opinion, this is a rather simplistically optimistic take.

Now the bearish or neutral view of Forbes, a potential stagnation is warned due to overvaluation that suggests the stock may consolidate rather than rally in the near term at least.

Now to conclude, I prefer to take a middle path and feel we can see it at aroubd $300 i.e.  ~ 15% rise. 

Three Week Loss? Is Apple Abandoned or Turned Into a Buying Opportunity?
Apple has reclaimed the No.1 spot in global smartphone shipments, even as its stock has fallen for six consecutive weeks. Rising global memory chip costs are adding fresh pressure to Apple. Prices for key storage components are reportedly up ~230% since early this year. Apple shares have now fallen for three straight weeks, lagging the AI rally as investors wait for meaningful AI integration—especially in Siri. With component costs surging, will iPhone 18 pricing hurt demand or protect margins? If AI features fail to materially upgrade Siri, does Apple risk falling further behind AI peers?
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