My additional investment in Apple$Apple(AAPL)$   stock on September 24, 2024, was driven by Apple's continued dominance in hardware innovation and its strategic push into artificial intelligence (AI). With the launch of the iPhone 16 and its groundbreaking A18 Pro chip, Apple is positioning itself as a leader in consumer AI, further enhancing its ecosystem of products and services. iPhone 16 and the A18 Pro Chip: A New Era of On-Device AI The A18 Pro chip, now powering the iPhone 16 Pro models, is a significant leap in mobile technology, specifically tailored to handle AI workloads on-device. This marks a shift in the industry, as Apple integrates AI directly into its hardware, providing enhanced performance without the need for cloud-ba

Overview: On August 23, 2024, I made an additional investment in Apple Inc. $Apple(AAPL)$  , a decision driven by the anticipation surrounding the upcoming product launches, particularly the iPhone 16, Apple Watch Series 10, and new AirPods. This reflection explores the rationale behind this investment, the market expectations, and the potential impact on Apple's financial performance. Market Expectations: Apple is gearing up for a significant product event on September 10, 2024, where it plans to unveil the iPhone 16, alongside new iterations of the Apple Watch and AirPods. The iPhone 16 is expected to bring substantial upgrades, including larger screens for the Pro models and advanced camera functionalities. T

Hi everyone. Today I’ll be analysing one of the Magnificent 7: Apple Inc. (NASDAQ: AAPL) AAPL has been trading in a consistent series of higher highs and higher lows. Since COVID, AAPL has been in a markup phase (green ascending channel) with multiple consolidation phases (yellow ascending channels). AAPL was recently trading in a channel (in purple) that cumulated in a breakdown and retest of prior ATHs at 199.62, which also happened to be near the 50% Fib retracement (assuming 237.23 swing high and 164.08 last swing low) at 200.66. Currently, AAPL is sitting just above the 23.6% Fib retracement at 219.97, the prior support level at 220.20, as well as retesting the prior channel support trendline from below. Not to mention, volume these past 7 trading days has seen a decline on the move u

Warren Buffett has significantly reduced his U.S. stock holdings, including selling over half of his $Apple(AAPL)$. His cash and cash equivalents have reached an unprecedented $227 billion, the highest since 2005, just before the 2008 financial crisis.Buffett previously exited the market before major downturns in the 1970s and 2008, re-entering only when stocks were undervalued.Due to Buffett's previous success in avoiding market crashes, there is concern that his recent sell-off may signal a brewing larger crisis.However, some believe that this reduction aligns with Buffett's value investing philosophy. Currently, Apple's P/E (around 30 times) is far higher than when he originally purchased it. The current market is overvalued in terms of Buffett