The tested growth story of Apple's AI, vulnerability to optimism toward the new iPhone.
September 4, 2024 0:07 JST (excerpt)
Tendency for Apple stock to underperform before and after the announcement of the new iPhone.
Apple stock valuation is higher than historical levels.
Apple stock continues to perform well. The expectation for the new smart phone "iPhone" with artificial intelligence (AI) capabilities is driving up the stock price. However, Apple stock often underperforms after the release of new products, creating a potentially bearish market in the short term at least.
Tendency for Apple stock to underperform before and after the announcement of the new iPhone.
Apple stock valuation is higher than historical levels.
Apple stock continues to perform well. The expectation for the new smart phone "iPhone" with artificial intelligence (AI) capabilities is driving up the stock price. However, Apple stock often underperforms after the release of new products, creating a potentially bearish market in the short term at least.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
