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.
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AAPL — 20 entries on this page, 2 of them a change of direction.
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.
Specifically, Apple kind of owns the consumer of AI. We like Apple here. If it owns the consumer, it's it's got a lot of things that it's rolling out, a new CEO, a lot of uh you know, tailwind, if you will, behind Apple at this point in time. We like owning Apple long-term.
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.
What could I think is viable? Apple. Apple did not do, you know, the big spend. And Apple Apple saved my week last week. I'm back to be calling the red dog the Apple trader. Not, you know, I used to be the Apple, they called me the Apple trader, the Tesla trader, the, you know, when Tesla's in in play like Redler Tesla.
But anyway, really nice move in Apple. Um, I will be getting that Duo phone. Um, they did not use all their cash. You know, some people thought they were getting behind, but maybe they were being smart.
Um, this is 336. Um, when I woke up this morning, it was down two. Now it's down 50 cents. So, um, here's 344. Remember that red do reversal that caused that? Well, this was your, you know, get back above the moving averages.
What's Apple doing this morning? Apple is only down 67 cents. So, Apple should be a focus a little bit, right?
Next are cashrich mega caps. So, if rates go up, how will Apple, Meta, Google and Microsoft cope? They will be fine. They will be fine. Why? Because if you look at for example Meta and Google specifically especially right Meta and Google you may have read that oh they take they're taking on a lot of debt right to build their data centers.
So all this debt they have to pay interest on the debt correct but what they don't show you and what you need to check is that they have a lot of cash and equivalents where it's earning interest income and the interest income they earn offsets the interest expense that they pay.
So net net what happens if interest rates go up they're like me whatever. Okay. So, rates go up, companies like Apple, Meta, uh Microsoft, and Google, uh they'll be fine, you know, because they don't have much net interest expense on their debt.
Okay? So, I hold a lot of them and I I'm pretty comfortable.
It's new for Apple, but if you follow the consumer tech space, you know, foldables have been around for a half a decade at this point. So Samsung, especially United States, has been making these devices.
Google makes the Pixel. Uh so these devices have been out there. They just never been available to Apple users. And you know, Apple took their time with it, but they did a really nice job of coming out with a Gen One product that basically beats sort of where Gen 7 and Gen 8 products are currently for Samsung.
Next up, we're going to take a look at Apple. They came out with their product launch this week very bullishly uh taken. We can see that the Apple has closed back above that 10-day simple moving average, poised for a possible 6-week base breakout.
So, sitting up here really quite nicely. So, Meta is up 5.2% this week, Apple up almost 4%.
Couple other stocks in motion today. Apple surging up today. Another solid day after their iPhone, their foldable iPhone debuted. Again, good move. Now, this is a key one I'm watching into next week.
There's a major gap fill to the to the base of the topping tail. This is a topping tail right here. Right. So, this candle, this is what we call a topping tail. It nailed the top perfectly before the fall.
Slowly, we've been grinding up. We filled that gap. I likely take a swing short on Apple. It's one of the top trade setup candidates for me into next week.
Uh, Amazon, Apple. Apple, dude, another 3%. Are you fracking kidding me?
second on the list is Apple uh which has been this is a really we're coming off of what will be looked at I think as a pivotal week given the iPhone event that they had u the foldable phone, the the new other other phone that they they have
Apple though is strengthening and you're seeing it's building a constructive side up the right side of this cup coming up to the 345 level which is really where it wants to break out.
It needs some work, but it's coming off this um Apple iPhone 18 double flip backwards combo for $2,000 to $3,000 uh that maybe people are going to buy. And so people on the street seem to like this action on Apple.
you know this is an idea uh I just keep bringing a lot like Micron. It's a repeat from last week. Um my opinion is a little bit different. It's not all iPhone. It's more that guy right there.
Very excited about John Turnis and really really excited when these desktop Macs actually get available. I keep, you know, trying to pre-order one. It's pushed out to January. But AI story, I think it's bigger than the iPhone right now.
And a lot of people don't realize that, but you got a new CEO. You got all these new Macs with this AI enhanced hardware hitting the market. And then to me, I'm just kind of sprinkling the iPhone on as a bonus. But love this stock as an AI play.
We got three minutes until we get the print. I'm going to go with this Apple story here. I'm gonna keep my eye on the clock here, but um producer, help me out if I get a little sidetracked, which I'm known to do, it seems.
Uh next story here is actually going to be on Apple. Uh I know we just had the uh we just had the Apple event there. Um so I figured it might be worth researching what centerp counterpoint, I beg your pardon, uh has to say about this.
Um, what do you think about the iPhone Duo? I I think I need to get it because the last iPhone I got was really bad. So, I need an upgrade very soon, but uh I'd like to have a lot of real estate.
I was very on the fence going into the announcement of like I don't know. I could see it like going either way. And 30 seconds in, I'm blown away. I am all the way in. I think it's so spectacular. I I think it's going to be a slam dunk.
like we don't really love Apple but we like it at 300 or we like SpaceX at at 105. So you're prepared to buy it but at a lower price. So that's a good strategy for that.