Apples uptrend still remains pretty consistent despite yesterday’s dump and todays EOD sell off. Still managing to hold at the 230 seen on Wednesday while others reset to prices from 1-2 weeks ago. Compare to TSLA, AMZN, NVDA, etc.
How bullish are you guys feeling on AAPL specifically? Do you think it’s an outlier among the rest with the good news on next gen iPhone orders, along with upcoming earnings on August 1st? Even if the rest see a bit more of a pullback next week is it possible Apple can hold/consistently uptrend?
I’m expecting a bit of a bearish week but remaining optimistically bullish on Apple.
Who’s all bullish on Apple for coming weeks in spite of performance of other Mag 7 stocks
byu/Queasy-Currency-5480 inwallstreetbets
Posted by Queasy-Currency-5480
28 Comments
Never bet against Tim Apple
The WWDC AI unveil was meh… oh well, not going to cry over my lost puts.
The push is clearly “you need the next gen iPhone to support AI features” so that they can perform client side computation and that is what will drive and reinvigorate the upgrade cycles. It’s wishful thinking, at best, as current AI computation is done server side. Lawsuits just like slowing down older phones “due to battery performance?” Seems sus.
Calls will print
Been bullish for 8 years. Aint stoppin now.
In the long run, I’m pretty bullish on Apple. They’re working on their own AI technologies. Their products are great. Their brand is giant. They have tons of cash.
Next two months meh as a lot of positive news is already priced in…it will start going up past the new phone release when the reviews start pouring in about apple intelligence
Apple traded below 200 before the WWDC event that was pretty lackluster.
I sold at 213 – if I miss out on a run so be it
https://preview.redd.it/nene00jjc8cd1.jpeg?width=1280&format=pjpg&auto=webp&s=887631a5f33e0807c6b6f3d4a3d3c2785e9e6c53
I sold Apple. They don’t give me anymore vision for the future.
Will be dumped after ER.
Time traveler here, this is the top
Bullish, I’m convinced their end game with Vision Pro is sick
People covert for the Apple ecosystem. But I thought the iPhone would be a bust when it first came out. After all who would want a camera on their phone?
I wouldn’t bet against one of the biggest wealth creating companies of the last 40 years.
Doesn’t mean there won’t be some swings in there to trade but I’m overall bullish on AAPL – and will probably hold a larger position than I normally would through the iPhone release and possibly holiday sales
Bought 6 September 235/230 in feb for .27 a contract n it is printing rn
Apple is a stock you hold until you retire and sell to live off of
Hilarious to me how everyone is bullish in the comments but literally everyone was bearish 2 months ago at 160 saying their innovation was trash
$AAPL is a megacap still priced like a “growth” name, with several consecutive quarters showing declining growth and a new product (Apple Vision) that sold like shit.
They’ve offered massive discounts in Chyna due to fierce competition and declining sales, and their recent product line-up hasn’t been inspiring. Chyna generally seem to be boycotting US names, likely in retaliation to the EV tariffs etc
They’ve are ATHs because of AI FUD; Apple “Intelligence” will generate no new revenue, and is essentially Chat GPT built into the damn phone. Maybe they’ll produce a killer app and way to genuinely monetize AI, but they don’t have it yet.
No position currently, but I will be buying November puts ahead of earnings (no desire to step in front of the market’s current green dildo party). They’ll probably miss and prop themselves up with another stock buyback but I don’t think it’s enough.
Slight pull back w earnings approaching… APPLE PRINTS
It’s a pump and dump. They have no positive catalysts outside of selling “AI”. Long term should be selling the shit out of it. Short term who knows. Momentum can carry stocks to high valuations
My portfolio is 50 percent Apple so yeah
I just went pretty heavy on some 260 10/18c’s
I have also been averaging into shares all year
Hoping I didn’t jump in to late, but looking for a product announcement soon possibly, as well as the fact they are not entirely AI software driven.
This will probably burn me, but hopefully not too bad
I am a regard but port is up 46% YTD
Apple exist, Apple go up
Apple revenue grew 4.32% over the last 3 years. Not per year, total increase over that time period. How you’d be bullish about it is beyond me.
Apple just slow and steady kinda like how it’s just nice increase almost every day a little cool down and it gets right back on that horse and keeps climbing 🤷♂️
I’m betting on an another 15% from Friday close.
Lol go ask the nearest 15 yo girl you know if she’s gonna upgrade her iPhone cause of AI. When she looks at you like the weirdo you are, you’ll have your answer. 90% of ppl are on a regular upgrade cycle nowadays. Maybe 10% are some middle aged tech geeks who care. AI isn’t going to force a super cycle and it has no potential to drive revenue itself. People are insane thinking it’s going to be some needle moving moment. “But you get privacy focused LLM’s that can generate even shittier text blocks on your phone cause of their limited size!!!!”. C’mon are you serious?!?!? They’ll continue to make solid products and will continue to sell at the current rate but there’s no growth here (in fact growth will fall over time due to China issues).
I bought calls in December at .52 and they’ve doubled in a few weeks, I’m very happy with Apple
500 by 2028