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Post by bb2 on Dec 18, 2023 1:44:00 GMT
No. Clearly. no idea what the oxy thing is all about. AFib isn't oxy. If you want to hate on Apple, be my guest. They just took Peanuts into their clutches. Tried to use Roku to watch my fav xmas show and gave up. If they take Sound of Music next year, I'm selling out.
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Post by win1177 on Dec 18, 2023 3:52:33 GMT
We (wife and I) own a big chunk of AAPL, so I have not added it in years. Our size is well into high 6 figures, and it represents 6.5% of our total portfolio. Its cost basis is ridiculously low at $2.8 dollars per share, so painful when we sell. I still see it as a very strong tech stock, and plan to hold for the long term. That is, as long as it has great products! We do occasionally donate it to charity or our church.
Win
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Post by bb2 on Dec 19, 2023 1:32:58 GMT
FWIW
Apple's going to $4 trillion, Dan Ives declares; shares fall
01:22 PM | Apple Inc. (AAPL) | By: Christiana Sciaudone, SA News Editor
Apple (NASDAQ:AAPL) will be the first stock to hit a $4T market cap by the end of 2024, according to Wedbush Securities analyst Dan Ives.
The research firm cites the pace of growth and monetization, and said any iPhone government bans in China are "very containable" and have not dented demand in the country based on recent channel checks.
Wedbush maintained an Outperform rating and $250 price target on the stock, which fell 1% on Monday.
"Apple is heading into a strong holiday season over the coming weeks that should translate into iPhone 15 growth that exceeds Street estimates for the December quarter on the heels of strong upgrade activity within the US and China markets that is resilient despite the bear noise," Ives and his team wrote in a note.
"We have not seen any negative revisions around iPhone units coming out of our recent Asian supply chain checks into holiday season/early 2024 which speaks to what we believe is a very consistent consumer demand environment around iPhone 15 so far and is good news for [Tim] Cook & Co."
Apple (AAPL) hit $3T this year, making it the most valuable company in the world, followed by Microsoft (MSFT) with a market cap of $2.76T.
"In our view the Street continues to underestimate the underlying upgrade opportunity in China during the December quarter and FY24, Ives continued. "We estimate right now there is north of 100 million iPhones in China in the window of an upgrade opportunity and despite Huawei and geopolitical headwinds, Apple is seeing a very healthy December quarter for iPhone 15 in mainland China."
Huawei is clearly seeing market share gains in the domestic China market via its Mate 60 Pro, but the entrenched and growing installed base of Apple (AAPL) puts the company in a "unique position to monetize this key market region."
The "growth demise story" of Apple (AAPL) "being spun by bears is a dynamic we have seen constantly over the past decade and this is just another chapter in that book," Ives said.
On top of device sales, the analyst also sees Apple's (AAPL) Services business as being worth $1.5T to $1.6T on a standalone basis amid the beginnings of a new tech bull market.
"Apple is poised to have a strong year ahead," the bank said.
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Post by judger on Dec 19, 2023 21:57:31 GMT
IBM has been outperforming AAPL for the past 2.5 yrs or so. IBM seems to be doing better with Cloud and AI technology. Just looked at several senarios over last 5 years and IBM doe not look like it it is beating AAPL.
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Post by bb2 on Dec 20, 2023 16:57:17 GMT
yea, you've got to cherry pick and pinpoint the low of IBM in November, 2021 to make IBM outperfom AAPL in the 2.5 yr-ish time frame. Go from 5/5/23 to today and IBM is up 33% and AAPL up 12%. AI craze.
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