Apple: Don’t Bet Against The iPhone (Rating Downgrade)


  • Apple shows investors why it’s well-primed to enter the generative AI race.
  • AAPL stock reached a new high this week, as the market likely priced in an upgrade “supercycle.”
  • Apple defines generative AI on its terms, focusing on privacy and user personalization.
  • AAPL stock is arguably expensive, but that doesn’t mean you should bet against Apple.
  • I argue why AAPL has likely broken out to resume its uptrend bias. But, waiting for a pullback makes more sense now.
Apple Store at 5th Ave in Manhattan, New York City


Apple Intelligence Is Well Received

The moment that every Apple Inc. (NASDAQ:AAPL) investor has arguably been waiting for finally arrived, as Apple unveiled its take on generative AI. Apple CEO Tim Cook reminded investors that artificial intelligence isn’t new to the

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AAPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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