Apple Inc (AAPL)

On September 3, 2020, Apple lost $180 billion in market cap and has since rallied 80%, beating the S&P's 60%.

Tremendous amount of data, and data is king. So secretive, but must be doing a lot within the model training because they have all the components and it's the golden space everyone's trying to work in. Still very much likes it.

She's bullish because of their new phone IOS and Siri coming, and the phone upgrade will be incremental. We all love their products which boast wide margins. If they surprise when they report next week, the stock will rise a lot higher.

At an interesting crossroads. So much growth from this company, he needed to rebalance. Path to becoming a $4-5T company is a lot harder than for other opportunities out there. Still one of his top picks among the Mag 7. Hold, as long as it's not a massive position for you.

Great strategy around AI, seeing it in iPads and will see it in iPhones. Will propel share price higher over next year or two. Don't expect the 10+% returns of the last 20 years, but can deliver better than the S&P.

(Note the short timeframe.) Compared to the rest of the market, held up fairly well. Top 10 within his US relative strength universe. Still winning most of the battles against other US large-cap companies and the Mag 7. Now at the top of the Mag 7 group on RSI.

The problem is is that this is in so many ETFs, so there are no sellers. If you own this and have done well, great, but there is more upside elsewhere.

They had a terrific quarter and in terms of AI, they've taken advantage of all the money MSFT has spent on AI by putting MSFT's platform to work for its customers for an undisclosed sum.

He expects a good, not great, upgrade cycle in their phone in the back half of this year, but worries that this is priced in too much in shares. No, don't sell shares, but this a slight concern.

They beat top and bottom lines with revenues and EPS up nearly 5%, though China was down around 5%. It's a safe haven stock. Apple has played this position before. Their services business had a record quarter and their share buybacks will continue, because they have a ton of free cash flow. In two quarters, we'll see the results of Apple Intelligence in their phones.

He's neutral on Apple, but it's a show-me story. He doesn't know how strong the upgrade cycle will be when they roll out AI in their next wave of phones. It could be massive. But consumers are very split between high-end and struggling in this economy.

Is skeptical about the impact of AI on their iPhone upgrade cycle.

Their iPhone upgrade cycle could be meaningful because of AI to boost functionality.

Is underweight and not his favourite tech stock. It could beat next week. Their shrinking market in China is not news; but no stock can rely on growth there. Share buybacks will impact. Isn't a big believer in AI for Apple. At 30x PE, he wouldn't add to it here. There will be an iPhone upgrade cycle driven by AI, but not a super cycle.

It's well-known that they're losing market share in China, but we're seeing stabilization. She expects one more quarter of negative growth, then there'll be easy comparisons and will stabilize. It'll enter an iPhone supercycle based on over 200 million phones that haven't been upgraded in 4 years. AI will help their apps business and boasts high margins. She sees $7.50-8 in EPS in 2025 or 2026.