" $Apple(AAPL)$ stock in 2026 is what $Alphabet(GOOGL)$ was in 2025."Dan Ives is bullish on APPL and is supportive of its recent Gemini deal with $GOOGL.I don't see the comparison, though. At the 2025 lows, GOOGL traded for a P/E of 17, despite 10%+ Revenue growth.Today, APPL trades for a P/E of 37, despite only 8% top line growth estimates.AAPL is a zero in AI, and it seems they are throwing in the towel and will just partner with the best provider, and today that might be Gemini.This seems like a shortsighted decision to me.Yes, they are saving billions in R&D and capex today, but at the cost of possibly hundreds of billions of future revenues.I don't believe that depending on GOOGL for such a crit
JPM Expects Apple to Beat! Can Strong iPhone 17 Demand Offset Margin Pressure?
JPMorgan Chase expects Apple to beat market expectations in FY26 Q1, citing stronger-than-expected iPhone demand and lower operating expenses. The bank reiterated an Overweight rating and raised its price target to $315 from $305 ahead of Apple’s earnings on Thursday. Can strong iPhone 17 demand offset margin pressure from higher memory costs? If Apple beats expectations, is this enough to reverse recent underperformance?
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