Episode Transcript
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Speaker 1 (00:00):
Apple stock is trading today at two hundred twenty seven
dollars and seventy six cents United States currency, representing a
modest rise in the last session. With the market capitalization
of three trillion, three hundred eighty billion United States dollars,
Apple remains one of the largest companies in the world. However,
the trading volume has shown an unusually sharp decline recently,
(00:23):
with last week's activity at only about twenty two percent
of the average daily level, which might suggest a temporary
lack of trade or enthusiasm, or potentially a post earning's lull.
Recent news for Apple has been mixed on the positive side.
Apple just posted quarterly numbers that beat expectations, delivering earnings
per share of one dollar fifty seven United States currency
(00:46):
and revenue of ninety four billion United States dollars, reflecting
healthy growth of over nine percent year over year. Earning
strength has been largely powered by a rebound in iPhone sales,
with the current cycle seeing steady upgrades and strong consumer
demand for the sixteenth generation iPhone and growing services revenue
(01:07):
in China. Apple is reportedly negotiating with major tech firms
for new artificial intelligence capabilities, which is raised investor hopes
for deeper AI integration and Apple devices sold globally. Analyst
opinions are mostly constructive, with the consensus target price for
Apple stock in the range of two hundred thirty eight
United States dollars and some optimistic forecasts from firms like
(01:32):
Bank of America and Wedbush reaching as high as two
hundred fifty to three hundred United States dollars. Most analysts
maintain a buy or outperform rating, citing Apple's enormous customer
base and the rapid rise and services and artificial intelligence. However,
a handful of analysts are more cautious, noting that the
(01:54):
current price to earnings ratio above thirty already bakes in
strong future growth. Despite all the positive trends, Apple shares
have experienced a disappointing performance in two thousand twenty five,
dropping more than fifteen percent earlier this year before recovering.
Some investors are mindful that valuation is high and that
overall growth is likely to remain moderate. Nonetheless, Apple's durable brand,
(02:19):
expanding ecosystem, and continuing focus on innovation keep it firmly
in the spotlight of the investment world as it navigates
the next wave of technology change