2024-06-14 13:07:25 ET
Summary
- Apple Inc. is a strong buy both in the near term and also long term.
- In the near term, I see the AI upgrades announced in its WWDC24 conference to be a dominating force in the next 1~2 years.
- In the longer term, Apple's unique strength allows it to short fiat money at a large scale via share repurchases and cheap borrowing.
- This creates double (or even triple) compounding benefits for Apple shareholders.
AAPL stock enters the AI future
The current excitement surrounding Apple Inc. ( AAPL ) stock is largely due to its recent WWDC conference . The excitement is definitely in order and well-deserved. The WWDC24 conference showcased AAPL’s strategy for both software and hardware towards the AI future – whether you interpret it as Artificial intelligence or Apple intelligence....
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For further details see:
Apple: How It Shorts Fiat Money And Why It Benefits Me