AAPL — All updates

The next stock on our list is going to be Apple, ticker APL, and it was.19% lower in the pre-market after it undertook another round of layoffs. According to a Bloomberg report, jobs were slashed in the Fitness Plus audio content team.

He also had news over the weekend that iPhone demand might be even better than anticipated.

And in the case of Apple, I think we were waiting for new innovations, and I think we all agree that folding phones, even though they are not the first on the market, are an innovation, and in my opinion Apple also has an opportunity.

So, let's discuss the three big names you mentioned. Because you have Microsoft, Alphabet and Apple. I think there is still value in the Magnificent Seven. I think these are the three most undervalued stocks of the Magnificent Seven.

He says that all the courses that explain these books are financial nonsense, such as discussing the target price for Apple stock and how to calculate it, etc. Then we move on to our intrinsic value learning model.

We go to Apple stock. We have the profits. We have the estimated growth, the ultimate multiplier, and the benchmarks; There are differences. My intrinsic value for the stock is then 128. The stock price is 348.

Moving on to Apple, the stock of the week at 3.31, shares rose by about 1.2% to end the week at 3.36. This comes as Evercore ISI surveys indicate that nearly 53% of people, at least among the 4,000 consumers surveyed, will upgrade to the new iPhone 18 Pro or Pro Max.

This compares to an average of 51% last year, I think, with 32% of respondents saying they would be inclined to buy the higher-end "Pro Max" version, which features a larger screen and slightly more memory, I believe.

This compares to 29%, an increase of 3% over last year.

A big day for Apple as the new flagship iPhones officially arrive in stores today. Evercore ISI says the launch could push the stock even higher, raising its price target to $380.

This is an increase from its previous price of $365.

Evercore maintains its "outperforming" rating on the company's shares. The company anticipates a better-than-expected iPhone update cycle. Evercore sees potential for price increases of more than 20% thanks to higher average selling prices, the availability of more premium models, and customer demand for larger memory options.

But let's move on to your next topic here. I said, Tim, that Dell represents a hardware investment for you. So I'm eager to find out if Apple is also investing in hardware or if it's investing in software.

Well, I mean it's a combination of all of that ultimately. By the way, I am a big fan of Apple. I have integrated technical settings. One day we must compare our settings, Rick .

When I meet someone who is as obsessed with technology as I am, I like to compare to see who owns the most devices and screens. But, nevertheless , you know, I look at Apple as an idea.

I mean, this week might be the last week I mention her. I mean, I've been talking about this since January, and I've mentioned it every few weeks. But when you look at that combination of what they've been able to do in the field of artificial intelligence, again, Mac Studio and Mac Mini, they've sort of managed to get ( I mean, I know they planned for it) to be some of the best computers for artificial intelligence if you're a small user or a small business owner, etc. Add to that DJ Spark technology, and you have everything you need; you're really ready to get started.

This is the story that people don't talk about. Now, it's clear that we have an all-new iPhone being released. I might head downtown and maybe buy one for my wife this evening.

But, the CEO and the chart. So, whether it's in terms of hardware, or of course the software services they offer, the new iPhones, the new Macs, it's back-to- school season, and as cliché as it sounds, Apple always does well in the fall.

As you all know, if you go to any college campus, you'll find MacBooks everywhere you look. I mentioned it briefly, but I really, really admire John Ternos . I think he will be much more innovative, and he will do a lot.

Again, I have a lot of respect for Tim Cook, but he adopted a 'keep it simple, maximize profits' approach. They didn't really have an innovator, obviously, since perhaps the greatest innovator of all time , Steve Jobs. So, I'm very excited about Apple's future.

Those who think This is Apple. App Store Like one Complete Subscription As a service Will rise. And The margins Going...I mean, I am such a person.

By mistake I thought that Apple Tax, I mean, Their others Subscription A large part To pay Will be and they On that subject A little flexible It happened.

I'm watching Apple closely. Apple yesterday filled this gap. Look at the big gap here. and then another gap here. This big drop on the back. I believe that was earnings if I'm if I remember correctly.

Um but either way, the gap fill now signals that I am now interested in a swing trade short on Apple. I haven't taken a position yet, but I'm going to be eyeing this today.

I've had Apple on, which I haven't touched yet this morning, you know, probably for almost a week and change with rolling up options ever since the the event. They sold the event, Red Dog got long options, and we've been in it ever since.

Yes, I think if you wanted to think about Nvidia and its advanced model with a low earnings multiple , that was Apple's story, wasn't it? Remember that no one gave her credit for the App Store and the fact that she effectively controls everything, then Apple's price-to-earnings ratio doubled one day.

So, we'll give you a very good example of one of the most beautiful business models ever, which is Apple, right? Apple, a fantastic growth company over the past 20 or 25 years, no argument there, right?

Think about it. Steve Jobs returned to Apple in the late 1990s and stabilized the balance sheet. He was already a proven and competent CEO , wasn't he? Now, they have also stabilized their computer business, gotten rid of some bad businesses and products, and launched the iPod and iTunes store.

And then , things started to go wild around 2003, didn't they ? Thus, at that moment, they already had a very stable business model.

Now, finally with Apple. A note from Goldman Sachs this morning also mentioned that Apple is developing AI inference servers built on the new M8 Ultra chip . Not the M5, but the M8 Ultra chip that will begin working on with Nvidia for its development.

Therefore, Apple will return to the server business.

Two reasons Apple stock is set to rip. One, they're now in talks to get into servers to use their own chips and essentially compete with Nvidia using Nvidia's networking hardware in Apple servers.

But anyway, we got to talk about that and what that could do to the price of Apple stock. Second, we got to talk about the Apple iPhone Duo. then we're also going to look at why a portion of Apple's business that is suffering makes the Apple Duo so primed right now for Apple stock.

So anyway, what's been good is Apple's been at least a name where you made higher lows and higher highs. This was a great active sequence. Then remember right here, we played the hell out of it again. did a red dog reversal at 344.

Um, came all the way in and I've been trying to trade it since. I'm still long Apple. It's been something that has given you ways out of it.

Now your last one I don't think is tied to the Clarity Act, but I do want to get your thoughts on uh some of the new hardware in particular this foldable phone that we're getting from Apple.

You are correct. This has nothing to do with the Clarity Act, but as you know, Marley, Apple is my stock pick of the year. It remains that and we haven't talked about it since we've had these new releases and yesterday we had a new iOS which introduced a lot of new artificial intelligence features and tools that I think bodess again to being the consumer pick for artificial intelligence because it's deeply integrated especially with their new product lineup.

All right. Um next story here on Apple. I know we've talked about Apple before. I still think it has another seven points to fill the top part of that gap. Although that first move from the low 300s has been great.

We're currently sitting here at 331 in the pre-market.

We talked about buying that when Apple was holding 300. Told you that was going to go higher. Chart confirmed it and sure enough, that's exactly what we did.

Lastly, guys, we got Apple moving up on the chart while most of tech has been under pressure today. Now, Apple's not up much. It's up 68%, but what it's showing is relative strength moving up on the chart.