Apple - Regardless of this Quarter; Now is the time
Posted: Apr 27, 2024
- The post discusses Apple's recent market activity and suggests it may be a good entry point for the stock. - Reasons not to like Apple currently include a fall in phone sales, being relatively flat for the past year, and challenges with their Apple Vision product. - Despite these challenges, Apple has a strong install base and product recognition. - The post predicts that Apple will announce its AI strategy at an upcoming developer conference and discusses the importance of AI in today's market. - Apple is reportedly intensifying talks with OpenAI for iPhone generative AI features. - The post suggests that Apple has the potential to excel in the AI space due to its install base and customer base. - The post also mentions the potential for Apple to introduce AI features on future iPhones. - The author of the post currently holds 1 share of Apple stock but believes now is a good time to consider buying more. - Apple is in talks with OpenAI for iPhone Generative AI features - Negotiations are also happening with Google - Focus is on powering an AI chatbot in the iOS 18 update
Summarized top reddit comments: - Lack of confidence in Apple due to Vision Pro disaster and decrease in iPhone users - Differing opinions on the significance of owning just one share of Apple stock - Comparison of Apple to Tesla in terms of not needing good earnings, just AI and subscription growth - Mention of betting against Tim Cook - Some users have Apple puts for this earnings quarter
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!