No, it’s not getting a visionary CEO, although that certainly wouldn’t hurt, either. Apple stock is trading up roughly 26% so far in 2024. Investors may be wondering if the world’s most valuable company has room for more upside over the next two year. How does 38% to 73% gains from current levels sound, Apple investors? Harsh Chauhan for The Motley Fool: ‎ [A]nalysts expect Apple’s top line to increase by 6% in fiscal 2025 (which will coincide with nine months of calendar 2025) to $414.5 billion. Its earnings, on the other hand, are expected to increase by almost 10% to $7.39 per share. The growing adoption of generative AI smartphones is going to play a central role in helping…

U.S. president-elect Donald Trump U.S. stocks are extending their lead over global peers and some investors believe that dominance could grow with the return of President-elect Donald Trump’s economic and foreign policies. Lewis Krauskopf for Reuters: ‎ Though U.S. stocks have outperformed their counterparts for more than a decade, the valuation gap has widened this year thanks to resilient economic growth and strong corporate earnings – particularly for the technology sector, where excitement over developments in artificial intelligence have boosted the shares of companies such as chipmaker Nvidia. Some market participants believe Trump’s agenda of tax cuts, deregulation and even tariffs can further fuel U.S. exceptionalism, outweighing worries over their potentially disruptive nature and inflationary potential. Signs of a growing…

Apple’s streaming service has a ton of compelling original series that relatively few people seem to know about. Why is the company, famous for creating some of the best marketing the world has ever seen (at least when Steve Jobs was alive), so bad at marketing Apple TV+? Joe Berkowitz for Fast Company: ‎ Ever since its launch in 2019, Apple TV+ has been carving out an identity as the new home for prestige shows from some of Hollywood’s biggest names — the kind of shows that sound natural coming out of Jimmy Kimmel’s mouth in monologue jokes at the Emmys. While the company never provides spending details, Apple is estimated to have spent at least $20 billion recruiting the…

Apple has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 2.90%. Zacks Equity Research: ‎ For the last reported quarter, Apple came out with earnings of $1.40 per share versus the Zacks Consensus Estimate of $1.34 per share, representing a surprise of 4.48%. For the previous quarter, the company was expected to post earnings of $1.51 per share and it actually produced earnings of $1.53 per share, delivering a surprise of 1.32%. Apple has an Earnings ESP of +1.94% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with…

The Dow Jones Market Data team have tracked Apple’s stock around every iPhone release and found that the stock has declined an average of 0.1% on the day new iPhones are announced. On launch day, shares slip another 0.1% on average. During the week after launch, Apple slightly underperforms the market. Alex Eule for Barron’s: ‎ Day traders are free to short the iPhone launch, but everyone else should go long — way long. Six months out from iPhone releases, Apple stock has returned an average of 11.7%, eight percentage points better than the S&P 500 index. All told, Apple has returned an annualized 26% over the past decade, a whopping 15 points ahead of the large-cap index. All of…

Apple has formed a strategic partnership with Bharti Airtel, India’s second-largest telecom company. This collaboration aims to bolster Apple’s position in India’s competitive content market, where it currently trails rivals like Spotify and Walt Disney. By offering free music and video streaming to a significant portion of Airtel’s 281 million customers, Apple is looking to expand its services revenue globally, particularly in areas like apps, payments, and media. Munsif Vengattil and Aditya Kalra for Reuters: ‎ The deal is likely to greatly expand the user base for Apple TV+ and Apple Music in a country where Apple has long emphasised the manufacturing side of business to diversify its supply chain beyond China. “The move speaks of Apple’s ambitions for India,”…