$Apple(AAPL)$ Wall Street is noticing a surprising setup for Apple stock ahead of earnings. In a fresh call, Bank of America points out that the market isn’t pricing in enough for AAPL right now. The bank sees strength in iPhone sales, healthy Services growth, and a helpful forex backdrop, all of which should power earnings significantly going forward. But a key reason this call matters is that BofA thinks Apple will announce another big buyback and a dividend hike, giving investors even more reason to be positive. The bank expects Apple to post about $113 billion in revenue and $2 per share in earnings for its fiscal second quarter. That’s above current Wall Street expectations of roughly $109 billion in revenue and $1.93 in earnings per sha
$Apple(AAPL)$ Edge AI is taking over from the cloud, and Apple is leading the way with Macs selling like crazy. Not even mentioning Neo, which has insane demand, but MacMini and Mac Studio are showing incredible demand as they're used for Edge AI models. Apple is way ahead in AI.
$Apple(AAPL)$ Apple’s latest AI smart devices are built around a concept termed “Visual Intelligence”. I feel that wearing Apple’s AI smart glasses, AI-enabled AirPods, or an AI pendant would use the device’s sensors and computer vision to “see” and gather data and details from the physical world. Use cases could involve looking up information about products in a store or obtaining turn-by-turn directions based on real-world landmarks. In the longer run, they could become ubiquitous and indispensable.
$Amazon.com(AMZN)$ has topped $Wal-Mart(WMT)$ as the revenue leader, while the AI shift is reshaping the valuation story. That's what you need to know.