Professional
Added to YB: 2024-07-22
Pitch date: 2024-07-13
AAPL [bullish]
Apple Inc.
+30.09%
current return
Author Info
No bio for this author
Company Info
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Market Cap
$4.4T
Pitch Price
$234.45
Price Target
N/A
Dividend
0.35%
EV/EBITDA
N/A
P/E
36.24
EV/Sales
N/A
Sector
Technology Hardware, Storage and Peripherals
Category
growth
Wedgewood Partners Portfolio Holding: Apple Inc.
AAPL: AI rebranded as 'Apple Intelligence'. 50% new buyers for Mac/iPad. 2.2B active devices. AI features in iOS 18, macOS Sequoia. Siri upgrade w/ on-device AI. 90M iPhone 16s planned (+10%). Partnerships w/ Alphabet, Anthropic. Evolutionary approach. Strong semiconductor design. Vertically integrated strategy. FaceID example of AI leadership. 600M+ payments/yr via FaceID.
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