๐ŸŽ : Buy the dip or no? 200 ๐ŸŽฏ

Whatโ€™s the outlook? Please comment with rationale , not the ones like IPhone 15 is coming Apple people work hard for 200 ๐Ÿš€! ๐Ÿ˜Š #apple

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Qualcomm SnpDragoon Aug 5, 2023

I wouldn't buy AAPL unless 1) it dips significantly lower or 2) you don't have funds/ETFs that already have a ton of AAPL within them I'll start considering it at 170

New
๐ŸŒš lad Aug 5, 2023

How much more do you expect apple to go up? Will it ever see $7 trillion market cap?!

NVIDIA dje7r4nt Aug 5, 2023

What's stopping them besides your imaginary limitation?? AAPL crossed 500B about 10 years ago and 1T looked like an impossible number back then.

Synopsys helloQuant Aug 5, 2023

Itโ€™s possible. Apple is equivalently starting banking service.

Google kjlq51 Aug 5, 2023

T-Bills

Datadog vostok1 Aug 5, 2023

Real innovation right here. JPow moving 0s and 1s on a book somewhere

New
hscheer Aug 5, 2023

Donโ€™t bet against Apple. Sales might have dropped, but thatโ€™s probably just an anomaly. Is there another alternative Apple users are suddenly flocking to? No.

VMware TimPichai Aug 5, 2023

^This. Also, Apple has a growing services business (iCloud etc.) And the ecosystem lock-in with ICloud ensures that Apple Customers are going to stay loyal to the brand.

Oracle 9vsrxw6z Aug 5, 2023

Iโ€™m loyal

Oracle spiceboy Aug 5, 2023

historically July earnings report is appleโ€™s weakest quarter. They managed to reduce their opex reduced and I am puzzled how since they didnt even have layoffs and gave one of the largest contract to Messi Biggest issue is the 30x multiple. My prediction is iPhone 15 isnโ€™t gonna break records but isnโ€™t going to be a disappointment either. Non techies are seeing wage growth and they will upgrade. It does help that for most people in us apple smartphones are the only smartphones they have used and will continue to use. Long term, m1/m2 chips are solid. They can run ai workloads and llms, lvm are becoming smaller and faster. Soon you Siri will actually work and the photos app will do generations that remini or stability does. Outside of us things donโ€™t look that great for apple. China isnโ€™t recovering as original forecasts. India has some sort of ban where unless you can prove considerable assembly was done in India they wonโ€™t let you sell.

Apple mangamania Aug 5, 2023

Ban in India is just government extortion. A few bribes and it will be gone.

NVIDIA ai-dot Aug 6, 2023

Sure