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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Stock Puppy who wrote (212813)6/3/2024 6:16:19 PM
From: Zen Dollar Round1 Recommendation

Recommended By
Stock Puppy

  Respond to of 213177
 
> Best time to buy is when it looks like the worst.

Once again, you called it, pup. Things were not looking good for AAPL a couple of months ago, with slowing iPhone sales in China and a slow start to Apple Vision Pro sales.

The news of an uptick for sales in China, good forward looking comments during the earnings call, and the announcement of a massive $110 billion stock buyback have driven AAPL up nicely.

I do believe Nvidia ($2.83T) will pass Apple ($2.98T) soon in market cap, then Microsoft ($3.07T) sometime within the next year, but to me those are just numbers for bragging rights. It has more to do with the current AI craze than anything else.