Apple Introduces iPhone 16, It’s Business As Usual

Summary:

  • Apple’s recent event introduced the iPhone 16 and new products, but the updates are not groundbreaking enough to significantly boost earnings beyond historical growth rates.
  • New AI features, while useful, are unlikely to drive a strong replacement cycle and can be easily replicated by competitors.
  • In summary, AAPL continues to operate as a high-quality company, but market expectations for AI-driven growth are overly optimistic.
  • Given the current valuation and market conditions, I reiterate a “Hold” rating on Apple.

Apple iPhone 15 Pro smart phone

Nodokthr

Introduction

We are back with another Apple (NASDAQ:AAPL) event. This was great timing for this follow-up article that I wanted to publish anyway, as I aim to publish follow-up coverages every quarter.

It is getting more and more difficult


Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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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