Should I Buy Apple (AAPL)? Finance YouTuber Analysis

The analyst rates Apple as a hold due to its current valuation being rich at over $300 per share, compared to his fair value calculation of $205. He would consider upgrading to a buy if the stock experienced a 20% pullback. The recent partnership with Broadcom is a positive development for Apple's supply chain, but the valuation remains a concern.

“I felt that the valuation for Apple is a little rich for me at over $300 per share. I calculated a fair value for the business at about $205 per share. So, I've got Apple stock rated as a hold. I would like to see a 20% pullback or so before I can upgrade Apple stock.”

The analyst suggests avoiding Apple stock due to its high valuation, trading at a forward P/E of 34, which is near its most expensive in a long time. He calculates Apple's fair value at $204, significantly below its current market price of $294. Concerns about increasing component costs impacting its asset-light business model and potential future iPhone price increases also contribute to the cautious stance.

“Apple's market price of $294 is above its intrinsic value or fair value I calculated at 204.”

Apple is deemed overvalued, with a fair value of $199 compared to its market price of $275. The company's asset-light model is now a disadvantage due to rising component costs forcing price increases, which could hurt sales and profitability, leading to a potential decline in its historically high return on invested capital.

“Apple meanwhile is trading at a market price of $275 and I calculated a fair value at 199. Apple is one of the rare Mac Seven stocks that I feel or is trading at a expensive valuation or a valuation that's above its fair value.”

The analyst advises avoiding Apple stock, stating that recent price increases on its products due to rising component costs will negatively impact sales and service revenue. He believes the stock is overextended at current prices, and the company's asset-light business model is showing its downsides as its negotiating power with suppliers diminishes due to the rise of AI-focused buyers.

“Again, I don't see this as a buying opportunity for Apple. I think Apple shares are, you know, on uh overextended, I would say, on the higher end of where I would feel comfortable paying for Apple stock.”

The analyst believes Apple stock is currently overvalued, with an intrinsic value calculation of $199.99 compared to its market price of $291. He notes Apple's strategy of focusing on incremental improvements and profitability over risky AI investments, which has worked so far but could be challenged by competitors. While a foldable iPhone could be a future catalyst, there's no concrete news yet.

“I don't think Apple stock is a buying opportunity just yet. I would wait for a dip before going into Apple stock right now.”

The YouTuber expresses a liking for Apple, noting its recent price hike and subsequent recovery from volatility. He uses Apple as an example to demonstrate how to select and manage LEAP call options, emphasizing the capital efficiency and defined risk of this strategy compared to owning shares outright.

“Let's open up Apple. I like Apple a lot. Recently, they actually ended up hiking their prices in the market.”

The YouTuber demonstrates setting up a 'poor man's covered call' on Apple, buying a deep in-the-money LEAP call option (270 strike, June 2027 expiration) to act as a synthetic stock position. He then sells a shorter-term call option (320 strike, August expiration) against it to generate income, aiming for a bullish move in Apple.

“What I'm going to do on Apple is I want to first of all solidify that LEAP option, right? I want to solidify strong in the money um deep in the money leap option. What I'm going to do is I'm going to go for June 17, 2027, which is exactly pretty much one year from when I'm making this video.”

The YouTuber mentions holding a significant portion of his portfolio in Apple stock, noting its similarity to SPY and QQQ as a large, diversified company and a major component of both ETFs. He prefers trading single stocks like Apple for their higher volatility, which allows for more option premium generation, though he notes covered calls are less effective in a strong bull market.

“I personally have a lot of money in Apple stock and right now I am uncovered”

Sven Carlin argues that Apple stock is significantly overvalued, with intrinsic value calculations showing it to be 33-60% below the current price even with optimistic growth assumptions. He points to the high P/E ratio, unsustainable growth rates compared to historical business performance, and the fact that even Warren Buffett's Berkshire Hathaway has been selling its position, indicating it's too expensive. He believes the current price is largely supported by buybacks and passive flows, making it very risky.

“So I've been saying this for the last two years. Apple is a sell.”

The YouTuber views Apple as a safe stock with a clear ecosystem moat, but notes limited 'needle-moving' optionality and a stretched valuation. He believes the stock is unlikely to crash but also may not be a significant outperformer due to growth challenges and uncertainty about increasing free cash flow margins.

“I don't think that this is a stock that's going to crash. It just might not be a super significant outperformer moving forward. And the biggest uh risk is just growth.”

The YouTuber has sold 50% of their Apple positions, realizing significant gains, because they anticipate a major market top in the S&P 500, Dow Jones, and Nasdaq. They expect a substantial correction of over 50% in the broader market, which would also impact Apple. They plan to sell remaining positions if the stock reaches new all-time highs.

“Wir haben mit dem Wochenschluss zum gestrigen Freitag 50% all unsere Apple Positionen verkauft.”

The YouTuber advises against Apple, despite it being a profitable and growing company. He argues that the current valuation makes it an unattractive investment, suggesting that for the price, there are better opportunities for capital allocation.

“The same can be said with with an Apple for example.”

The YouTuber, who admits bias as Apple is his favorite stock, sees it as a strong buy due to its significantly cheaper price and strong cash flow. He is optimistic about its future in the AI race and its ability to print money.

“Obviously, it's my favorite stock of all time, so I'm a bit biased here. I'll admit that completely. But Apple's holding strong at number five.”

The YouTuber views Apple as a safe long-term holding, attracting capital during tough times. They acknowledge it might be a slower grower but emphasize its potential for significant upside if it releases another hit product, leveraging its massive installed base and ecosystem.

“Either way, I'm still getting reasonable growth, and of course that flight to safety as well. So, for me, it makes worth owning forever, just simply to keep it more on the safe side of my portfolio there, kind of like an anchor, per se.”

The YouTuber considers Apple their all-time favorite company, praising its business model for consistent performance and ability to generate significant profits regardless of market conditions. They believe the future is great for Apple.

“I think it's a great stock. I believe the future is great regardless of what they choose to do. simply how they run the business and how much money they print to that bottom line.”

The YouTuber suggests Apple has significant potential as an AI winner due to its unparalleled access to personal data on individuals. While acknowledging Apple needs to realize this potential, the sheer volume of data gives it a distinct advantage in the evolving AI landscape, especially as data becomes more critical for specialized AI applications.

“Nobody has more personal data on individuals than Apple does. Um, and so it shows you the potential there. Now, they've got to actually reach said potential.”

The YouTuber sees Apple's recent correction as a buying opportunity, believing it can survive a recession due to its sticky ecosystem and growing services revenue. He views potential short-term declines from tariffs as temporary, creating a chance to buy before a rebound.

“So if it gives us some opportunities, some ugly numbers, I know that the numbers will flip the moment that all that stuff goes away and we finally kind of go back to normal.”

The YouTuber acknowledges Apple's strong institutional buying and its role as a 'safe place' for money, despite personal concerns about its current valuation. While not buying at current levels due to already owning a significant position and believing it's overvalued, they understand why institutions are buying, seeing it as a safe bet with potential for decent returns if the business pulls out of its current trough.

“Although I may not want to necessarily buy at these levels I definitely see why he saying what he's saying because that's exactly what institutional owners are saying right now they're like hey we don't really like the valuation but it's not crazy.”

The YouTuber would go all-in on Apple if investing with a large, established portfolio, prioritizing safety and consistent growth. He notes Apple's strong cash flow, share buybacks, and dividend, which provide stability and market-beating appreciation without needing speculative growth.

“I don't need crazy appreciation what I want most importantly at my portfolio sizes if I combined them all would be number one safety I still want some growth obviously and to say apple is a dead stock I've been hearing that for I don't know probably a good 10 years now and look at the share appreciation over the past 10 years it's been pretty darn good.”

The YouTuber rates Apple as a 'pump it' due to its incredibly strong ecosystem and resilience, despite predictions of its demise. While acknowledging it's a mature business without 10x growth potential, he considers it a great, solid stock held by both retail and institutional investors.

“it is a great stock to own and of course I love owning it as well so for me it's a pumpit but just understand it's not a hyro stock or anything else like that it's definitely a very very mature business”

The YouTuber owns Apple, having bought it around $140 per share. He holds his position and does not indicate any immediate plans to buy or sell, simply mentioning his existing holding.

“I do own Apple. Apple I have it about $140 something dollars per share.”

Despite aggressive selling by Buffett in previous quarters, Greg Abel maintained Berkshire Hathaway's significant position in Apple, leaving it untouched. The speaker views Apple as a 'bridge company' between Buffett's era and Abel's, indicating a continued belief in its value even amidst broader portfolio changes.

“La posizione è rimasta ferma a 227 milioni di azioni. Apple vale ancora più di un quinto dell'intero portafoglio di Berkshire.”

The YouTuber views Apple as an extraordinary business with strong growth in free cash flow and a dominant ecosystem. However, his DCF analysis, even with premium assumptions, projects only a 6.76% annual return over the next 10 years at its current price, which is below his desired return, suggesting it's not a compelling buy despite its quality.

“Now remember guys, this current price return includes dividends that might be paying.”

The speaker highlights Apple's custom silicon as a key advantage, enabling high-performance local AI models on their devices. They suggest that this raw horsepower, previously used for superficial operating system features, can now be leveraged for genuinely useful applications, making Apple's hardware increasingly valuable for productivity and professional tools.

“This idea that kind of like their computers and stuff are are being heavily used to run local agents I do think is an interesting you know they've spent if you think about the option value they have as a business it's not just the consumerf facing hardware constellation that everybody's kind of trapped in to some degree but it's also they've spent they have developed really cutting edge custom silicon.”

The analyst places Apple 'on watch' for its lack of significant in-house generative AI development, contrasting it with Google's aggressive integration. They argue that Apple's current strategy of partnering with OpenAI and offering limited 'Apple Intelligence' features is insufficient and could lead to a loss of market relevance if they don't leverage their hardware ecosystem with proprietary AI.

“I'm putting them on watch. They have now in my opinion 6 to 12 months to put something out there that makes sense in the broader vision of where we think and I think the market in in general thinks AI is headed.”

This creator suggests that Apple's dominance is under threat due to recent legal rulings favoring developers like Epic Games, which could significantly impact App Store revenue by allowing external payment links. Additionally, they point to AI blunders with Siri and the slow adoption of the Vision Pro as signs of weakening execution and innovation, making the stock less attractive despite its large user base.

“So, in recent conversations about Apple, we have AI blunders with Siri. We now have a crack in the app ecosystem walled garden. Um, that seems Is there a third is there a third leg to this uh wobbly stool?”

Cathie Wood expresses concern about Apple, suggesting it will be impacted by disruption to the traditional world order. While it may still deliver good returns, it is not considered a 'true disruptor' in the current market environment.

“We worry about Apple as we've told you many times.”

Brett argues that Apple's ability to execute on its vision has degraded, citing delays in AI features, the failure of the Apple Car project, and poor performance of the Vision Pro. He believes the company is losing its edge in innovation and that its current high valuation is unsustainable given its lowest three-year revenue growth since the App Store launch. He suggests Apple could become a 'dumb hardware' company if it doesn't adapt to the transformative nature of AI.

“the market is essentially saying apple is fine we are willing to pay an extraordinarily High multiple for cash flow because we think that they are going to you know they have all this distribution they're going to turn around and turn that into into you know um this distribution is going to lead them to being the continued leading tech company in the AI age uh and the most valuable company in the world on a forward basis and I think that's a dangerous stance to take”

The analyst expresses concern about Apple's long-term prospects, citing its high valuation relative to the durability of the iPhone franchise in a rapidly changing AI landscape. They point to Apple's China exposure and the perceived failures of recent product launches like the Vision Pro and Apple Intelligence, suggesting a loss of their 'magic' in curating products. The analyst believes the shift towards AI-driven operating systems and services could disrupt Apple's current device-centric model, making its substantial enterprise value vulnerable.

“no apple is 3.7 or 3.8 billion trillion sorry 3.8 trillion in market cap at least as of year in 24 uh and and of all the mag 6 it's the most valuable uh in part because it's trading at a higher multiple you know than it has historically as if as if the iPhone franchise is more durable not less durable”

The analysts discuss Apple's strategic positioning with its new AI features, acknowledging its strong balance sheet and distribution. They believe Apple's privacy stance is beneficial for user trust but might impair its ability to push the frontier of technology forward, leading to an uncertain future despite its current dominance.

“I think that they are well positioned and they have a sound corporate strategy for where they're at given both their strengths and weaknesses that doesn't mean they they see where it's headed as in I I agree that context is really important and you know if the way that they've pitched it it can really operate given the context that it has within the Apple ecosystem I think people will find that useful.”

The analyst suggests avoiding Apple due to its restrictive ecosystem and high take rates, which are causing growing frustration among developers. This could lead to a significant disadvantage if a disruptive technological shift occurs, as developers might abandon Apple's platform for more open alternatives, impacting its services revenue and market position.

“all of that pent up frustration and and and anger that's been building in the system it doesn't bode well for apple”

The YouTuber suggests Apple benefits from the tariff ruling, as it reduces costs for its hardware manufacturing in China. While Section 301 tariffs on China remain, the removal of other tariffs provides a meaningful tailwind to Apple's cost structure.

“With those tariffs struck down, Apple's cost structure just got a meaningful tailwind.”

The YouTuber is avoiding Apple for the time being, suggesting it will be a while before he considers buying it again. He refers to a previous video for detailed reasons, implying a challenging year or two ahead for the company.

“Now, you may have noticed that Apple didn't make my list. And in my opinion, it's going to be a while before it does.”

The YouTuber expects Apple to 'barely' edge past the S&P 500, acknowledging current hardware slowdowns but emphasizing the strength of its services segment and the potential for an AI-driven upgrade cycle to boost margins. He also notes the 'Made in India' initiative to reduce tariff risks. A 5-year projection is $294, a 43% upside.

“And if tariffs and antitrust binds stay containable, then I'm betting that Apple will easily edge past the S&P 500, but just barely.”

The YouTuber argues that Apple's new lower-priced products, specifically the MacBook Neo and iPhone 17e, are strategic moves to expand its ecosystem. By making entry-level products more accessible, Apple can attract more users to its high-margin services segment and protect its core iPhone business, even if it means sacrificing some product margin in the short term.

“But these lower-end computers, Mac minis and the MacBook Neo, that's where you're going to expand the number of customers who are going to be buying those iPhones, paying for services over a long period of time. That's exactly what you want to do if you're Apple because the Mac isn't fundamentally the driver of your business. It's those two other segments that are the most important.”

The analyst suggests avoiding Apple stock due to its high valuation (36 times earnings) despite declining sales in most hardware segments outside the iPhone. He argues that the recent product announcements lack significant innovation, indicating Apple is becoming a shrinking hardware company, with its services business potentially facing future threats.

“I think Apple continues to be an extremely expensive stock because we're not seeing the kind of innovation that we saw for decades from Apple.”

The analyst believes Apple is poorly positioned for the AI wave, citing its inability to innovate in AI despite its potential for on-device inference. The company's hardware sales have been in decline since late 2022, and its high valuation (35x earnings) is not justified for a non-growth company that struggles to adapt to new technological shifts.

“Apple is going to run into the same thing. They won in mobile. They're going to continue to be a dominant company there. But right now, the stock is trading for 35 times earnings. And this is a non-growth company.”

The analyst advises staying away from Apple, despite its large market cap, due to its high P/E multiple (30x) for a company with declining hardware revenue. He points out that Apple's only growing segment is services, which is heavily reliant on revenue sharing with Alphabet for its profitability, and that Apple has significantly lagged in AI development, making its strategic position weak for future growth.

“So, I think you look at the future. I would much rather be Android and Alphabet running the Android platform rather than Apple trying to make Siri and iOS a little bit better. Something that they're just not built to be an artificial intelligence company.”

The analyst suggests Apple has lost its 'magic' due to a high P/E multiple (34.8) combined with a very low three-year growth rate (1.5%). He argues the company lacks compelling new products, and the extended durability of existing hardware is slowing refresh cycles, making the business tougher.

“Priced earnings multiple for Apple 34 34.8 three-year growth rate 1.5%. So, growing less than GDP, less than inflation. These are terrible numbers.”

The analyst believes Apple is in a 'slow decline' due to anemic growth in core hardware products (iPhone, Mac, iPad, wearables) and a shift towards 'extraction mode' through services revenue, which he views as a canary in the coal mine. He argues the company is overvalued at 35x trailing earnings given its strategic weakness in AI and lack of innovation, drawing a comparison to Microsoft's stagnant period post-dot-com bubble.

“Apple trading at 35 times earnings what should it really be trading for when you see the core Hardware revenue is in Decline and most of the revenue growth is coming from areas where they're not making users happier or developers happier they're just making more money by making by making a higher percentage of the economics in the entire ecosystem that is that is a recipe for slow decline.”

The YouTuber suggests selling Apple, arguing it's no longer a growth company, with only its services segment showing growth, primarily from fees and search engine payments. He highlights its high valuation (38x trailing P/E, 31x forward P/E) despite analysts expecting only 7% revenue growth. He believes the stock is too expensive for its current growth profile and points to recent product failures like Vision Pro and Apple Intelligence as signs of declining innovation.

“this is a very expensive stock yes it is one of the most powerful companies in the world today but that doesn't mean they want to pay too much for it that's I think where we are with Apple today and I don't see a lot of C is driving the company in the future”

The analyst implies caution on Apple, stating that it has no growth and trades at a higher multiple than Alphabet. He suggests that if larger companies like Apple underperform, it could drag down the overall market, indicating a negative outlook for its stock performance.

“no growth coming out of either of those two companies and yet they trade for higher multiples than alphabet”

The YouTuber explains that Warren Buffett is selling shares of Apple because the stock has become too expensive, trading at 38 times earnings and 8.7 times sales, which is significantly higher than when Buffett initially built his position. This valuation is considered high for a company whose hardware sales growth has peaked and whose services revenue growth is now relying on taking more from developers as ecosystem growth slows.

“shares have just gotten too expensive and he's saying you know what I'm out I'm going to go look for better opportunities”

The YouTuber argues that Apple is failing in the VR/AR market with its Vision Pro due to a lack of developer engagement and app development, creating a 'chicken and egg' problem. He believes Apple's strategy of expecting developers to build for them without significant investment or a lower-priced device is flawed, potentially leading to the Vision Pro becoming a 'dying product' like the HomePod. He suggests Apple needs to invest heavily, potentially lose money on hardware, or acquire developers to compete with Meta.

“Apple may have already lost the VR and AR battle to meta and any upstarts that potentially come along.”

The YouTuber sold all Apple shares due to concerns about its high valuation (35x earnings) despite slowing growth across its hardware segments (iPhone, Mac, iPad, wearables). He argues that Apple has lost its innovation edge, is behind in AI, and its services revenue, while growing, faces risks from potential legal challenges to its search engine deal with Google and a shift towards open web apps to avoid Apple's fees. He believes the current valuation is not justified by its growth prospects.

“I sold all of my shares because this is just not the company that it once was and it's not the stock that it once was if you look at when Warren Buffett was buying shares in 2015 and 2016 shares were trading for 10 11 12 15 maybe times earnings and the company was still growing at a rapid rate now you have the exact opposite very very high multiple and no growth that's not a combination that I like as an investor that's looking for asymmetric opportunities”

The YouTuber argues that Warren Buffett is selling Apple stock due to its high valuation (34x earnings) and slowing growth. Revenue and free cash flow growth have stagnated, with only services showing consistent growth, which is seen as squeezing existing users rather than expanding the core business. The stock's previous tailwinds of revenue growth, margin expansion, and multiple expansion are now considered headwinds, making future multiple compression more likely.

“I think the big reason for that is Apple stock is very expensive but the growth of the business is slowing that free cash flow machine may be slowing down a little bit so there may not be a lot of catalysts behind the business going forward.”

The analyst suggests avoiding Apple stock due to its high valuation (33x earnings, 9x sales) despite declining iPhone revenue and unimpressive new product announcements. He argues that the anticipated Apple Intelligence features, which could drive a refresh cycle, are delayed and may not offset the increasing costs of hardware and data centers, potentially impacting the profitable services segment.

“I don't think there's going to be a lot of catalyst for people actually buying new iPhones and they're definitely not going to be doing it at a higher price so those are my thoughts from an investment perspective on what's going on at Apple today I think the company has kind of lost its Mojo.”

Travis Hoium argues that Apple stock is incredibly expensive, with its price-to-earnings multiple over 30 and revenue growth slowing significantly across most segments. He believes the company's only consistent growth driver, Services, could be negatively impacted by the shift to on-device AI, which may reduce reliance on Google search revenue. Given the high valuation for a company no longer exhibiting strong growth, he is selling shares.

“I have been selling shares slowly over the past year but I may do that a little bit more aggressively because I think the stock has just gotten so expensive that there's no real way that Apple's going to be able to live up to this.”

The analyst suggests avoiding Apple stock despite the market's excitement over Apple Intelligence. He argues that the new AI features may not significantly boost hardware sales or services revenue, particularly due to the potential cannibalization of Google search revenue, which currently contributes $20 billion to Apple's services. The current P/E multiple of 33 is considered expensive given stagnating revenue growth in key product categories and potential margin pressure from AI integration.

“I think this ultimately makes the 33 price to earnings multiple look even a little bit more expensive for Apple.”

The analyst suggests Apple is a 'winner' in the recent AI developments, particularly with its integration of OpenAI's ChatGPT. Apple appears to be getting access to leading AI tools essentially for free, as Microsoft is indirectly covering the costs through its compute credit arrangement with OpenAI. This allows Apple to enhance its product offerings without incurring significant direct expenses for cloud-based AI.

“from an economic perspective from actually making money it appears that Apple took a huge step forward today”

The YouTuber discusses Apple's new 'Apple Intelligence' features, highlighting the strategic shift to on-device AI processing as a differentiator. While this could make the ecosystem stickier and potentially increase hardware sales, there's concern about the financial implications, as Apple might incur significant costs for integrating cloud-based LLMs without clear monetization, potentially impacting margins despite revenue growth.

“It'll be interesting to see if this makes their products even stickier because at the end of the day if you use an iPhone and you have a ton of your information on an iPhone and you're used to using artificial intelligence to answer questions to do proofreading to do very simple tasks why not extend that to your computer by buying a Mac same thing with an iPad it's very possible that it makes it harder to leave the ecosystem and maybe grows the ecosystem just a little bit with those additional functional tools”

The YouTuber is selling Apple shares, mirroring Warren Buffett's recent actions, due to significant valuation concerns. Apple's P/E ratio is now around 30, compared to under 10 when Buffett was buying, and its growth has slowed dramatically, with product revenue declining. The core business is not growing, and growth is primarily driven by services, which the YouTuber views as 'squeezing pennies' rather than fundamental innovation.

“I have actually been selling shares of Apple over the past year as well largely on these valuation concerns it's a very very highly valued company and the actual Financial metrics that they're reporting don't justify that valuation.”

The YouTuber is selling Apple stock, aligning with Warren Buffett's recent significant sales. The rationale is based on a declining growth trajectory for key products like iPhone, Mac, and wearables, coupled with a significantly higher valuation (P/S and P/E multiples) compared to 2016-2017, despite a much lower growth rate. The company's buyback program at current valuations is also questioned as an inefficient use of capital.

“I have also been selling Apple over the last year or so just based on these valuation numbers based on the fact that the business just fundamentally is not doing as well as it was before the pandemic.”

The YouTuber reports that David Tepper is avoiding Apple due to its high valuation (30x earnings) despite declining revenue in fiscal 2023. The company's core products are aging, new products like Vision Pro are not gaining significant traction, and growth in services is slowing due to developer pressure. Tepper, who values both growth and value, finds the current valuation unattractive given these factors.

“Apple was trading for about 30 times earnings a little over 30 times earnings the stock has pulled back a little bit since then but that's a pretty expensive multiple for a company that's not really growing in fiscal 2023 and calendar 2023 Revenue was down slightly at Apple and it's hard to see how that's going to turn around significantly in 2024.”

The YouTuber argues that while Apple was a great buy for Warren Buffett in 2016 due to its reasonable valuation (10-11x P/E) and growth potential, its current valuation (30x P/E) and slower growth make it a less attractive investment today. He emphasizes the importance of buying great companies at a great price, which he believes Apple no longer offers.

“these are very different numbers than what we're seeing from Apple today right now shares of Apple trade near 30 times earnings so about double from a multiple perspective from what Buffett was paying back in 2016 and 2017 at the same time Apple's growth rate has slowed.”

The YouTuber argues that Apple's stock is currently overvalued, trading at nearly 30 times earnings despite slowing growth in its core product segments like iPhone, Mac, and iPad. While services revenue is growing, a significant portion of its profitability comes from a deal with Google, which faces its own uncertainties. The company also faces increasing competition and scrutiny over its App Store practices, making the stock a less attractive investment.

“this is a company that I've been trimming a little bit over the last year or so but I think I'm probably going to do more of that in 2024 just because I don't like the valuation I don't like these business Trends and I don't like the reputation hit that Apple has been taking from some of the decisions that they've been making related to the App Store and devices and the way that they're trying to monetize their product”

The YouTuber discusses Apple's decision to abandon its autonomous vehicle project, noting that the car business never made sense for Apple due to its vertical integration model and lack of scale for vehicle manufacturing. He suggests that exiting this market allows Apple to redeploy capital into areas with better ROI, such as CarPlay, which aligns better with their core competencies.

“I think it's frankly surprising that it took Apple this long to get out of this market and stop spending money on it but I do think it allows them to now focus on things like carplay and this is where Apple could create an advantage in the market.”

Travis Hoium argues that Apple's core product segments (iPhone, Mac, iPad, wearables) are showing flat or declining revenue, indicating it's no longer a growth stock. Despite strong services growth, he believes the current valuation of over 30 times earnings is too high for a company with limited growth prospects in its main business lines, making it an unattractive investment at current prices.

“I still question why investors are paying 30 times earnings for a company that is effectively no growth in its core business.”

Travis Hoium is selling Apple stock due to concerns about its long-term future. He argues that the company's growth has slowed significantly, with revenue and net income growth rates no longer justifying its high valuation multiples (P/E of 31.4, P/FCF of 29.9). Hoium believes Apple is becoming less innovative, relying on extracting more revenue from its ecosystem (e.g., App Store fees) rather than developing new growth products, which he sees as an unsustainable strategy.

“I think the long-term future is just not as attractive as it is in other parts of the market my name is Travis hyam thanks for watching This creator Please Subscribe here on YouTube for all my content and thanks to this video sponsor the monly fool if you go to fool.com ym they're going to give you their top 10 stocks to buy right now I want to start this discussion with the a couple of charts because I think this shows where apple is today in its development cycle this first chart shows Apple's Revenue in black and net income in Orange and these are annual numbers and on the bottom there you can see the compound annual growth rate over that period of time so since 2014 through the end of fiscal 2023 the company grew at a compound annual growth rate of 8.6% that's fine but that is not high growth stock that you would want to pay a huge premium for I'm also going to get into where that growth came from in just a second but that's another thing that we want to keep in my net income up 10.5% again really good numbers but not necessarily a kind of stock you want to pay too much for especially if we look at the last 3 years since the end of 2021 the December 2021 quarter Apple's Revenue has grown at a compound annual growth rate of just 7% and depending on which quarter you're comparing against revenue is actually down over that period of Time same thing goes for net income compound annual growth rate is -2% and all of these numbers are on a trailing 12-month basis so they should be pretty comparable to each other it takes out some of that variability that happens around the holiday quarter but I think this is really the context we need for investors what do you pay for a company that's not growing on the top line and is actually shrinking on the bottom line now there are a number of reasons for this but the fundamental problem for apple is that iPhone sales which has driven the company for more than 15 years are simply not growing the way that they used to people are using iPhones for longer they're not able to increase prices as much as they have been in the past they're moving into more Discount Markets so that iPhone Revenue just isn't growing so you got to grow your Revenue somewhere else that gets us to where I want to focus because this is what's ultimately really concerning is where apple is actually growing and where it's not because I think this growth may not be as sustainable as a lot of investors would like to think thanks to our friends at the monly fool for sponsoring this video visit fool.com ym for the top 10 stocks to buy right now this is a chart that shows Apple's major product segments three major products the iPhone Mac and iPad you can see that iPhone Revenue was growing nicely through 2015 and since then things have really slowed down so if we just look at this whole 10-year period you get a 9% compound annual growth rate for the iPhone the mac and iPad on the other hand are essentially flat Mac revenue is up 2% on compound annual growth base basis and iPad revenue is down slightly at 8% again depending on where you use your comparison the growth rates may change just a little bit but I think the general story here is that iPhone sales are rising slightly as they're increasing prices but we definitely don't have this as a double-digit growth rate product anymore and the other products Mac and the iPad are absolutely not growing so where is Apple actually getting growth from and that's pretty clear Apple's growth is coming from accessories and services accessories which is shown in this black column the growth is actually driven by airpods this includes all kinds of other accessories that they're selling in stores it also includes the Apple watch but airpods is really where you start to see the growth pick up in that 2016 2017 range and that has become the major growth product but you can see we're pulling back a little bit over the past Year services on the other hand doing extremely well services Revenue has a 19% comound annual growth rate over the past decade and continues to grow but this is fundamentally the problem for Apple Apple's best source of growth is Services is products that they're in most cases just taking a skim on someone else doing something with their devices so this is revenue that's coming from the App Store it's Revenue coming from Google for their search is it's Revenue that's coming from payments so why is Apple trying to protect the App Store so much with some of these lawsuits both in the US and in the European Union it wants to make that 30% on every transaction that happens in the App Store and why is it so focused on generating that 30% Revenue because that's where all of its growth is coming from this is fundamentally the problem with apple the only way that they can grow is continue to take a larger and larger piece of the ecosystem because the ecosystem itself is not growing that is not fundamentally a place you want to be for a stock that is not cheap today let's go to some of those valuation metrics as I'm recording this is after the close on Monday January 29th price to earnings multiple on a trailing 12-month basis is 31.4 on a next 12-month basis 29.2 so there's where you're seeing not a lot of growth in earnings expected from investors so we have a single digit so we have at best a single digigit percentage Growth Company that you're paying 30 times earnings for that's really expensive price to Enterprise Value to sales 7.7 on a trailing 12-month basis 7.4 on a forward basis again not a high growth company that's why that Enterprise Value to sales multiple is not coming down price to free cash flow 29.9 on a trailing braak basis and 27.3 on a forward-looking basis those are the kinds of multiples that you pay for companies that are growing double digits and apple is not that company anymore what investors need to keep in mind is that what you pay for a stock matters and in Apple's case the last decade there's been a ton of gains gain from Simply multiple expansion you can see this in this chart here 10 years ago the stock was trading for 15 times earnings now that was when the company was growing even faster the services business is not what it was not what it is today the iPhone was still growing airpods were still not being made so you had a lot of growth ahead of you where is the growth coming from for Apple in the future I think I could make a better argument that the company's revenue is probably going to decline as people use their iPhones longer as more developers try to find ways out of paying Apple money in the App Store and as the competition simply gets better I think the difference between an iPhone today and any number of other smartphones is simply smaller than it has been at any time over the last 15 years that Gap is not what it used to be the ecosystem is not significantly better so these are all major challenges for apple and I think one of the disturbing things that I see as an investor is that the company's not coming out with new and Innovative products in order to grow its business it's trying to just take more money from its developers and suppliers in the market these these lawsuits that are related to the App Store to that 30% fee the fact that they want to go back and say hey you know what you can charge you can use whatever payment structure you want but we want a 27% fee for providing you the technology to build your apps that is just a terrible way to run a business and make money on your business it makes developers angry this is why some of the biggest apps in the world are not going to be available on the Vision Pro at launch and I think we see more and more subscription companies just say you're not going to be able to get your subscription on Apple you're going to have to go somewhere else go directly to the website and then Apple's devices just become reader apps for and that makes it easier for customers to move to other devices if you have a Spotify subscription a Netflix subscription it doesn't really matter what ecosystem you're in if you're on a Samsung phone and you have a Mac it just doesn't matter the device doesn't matter there's no lockin in the ecosystem the way there has been for a for most of the last 10 or 15 years so I think there's a lot of warning signs here for Apple just from a valuation standpoint this company isn't going anywhere that is not in any way what I'm saying in this video but as an investor we have to look at what we're getting for the price that we're paying and I think that is less attractive today than it has been for at any time over the last 25 years for Apple but what do you think leave your comments in the comment section below don't forget to subscribe to This creator thanks for watching everybody see you here next time”

The YouTuber suggests avoiding Apple due to its slowing growth, with a 5-year compound annual growth rate of 7.6%. He notes that iPhone sales volume is declining, requiring price increases to maintain revenue, and that most growth now comes from services and other products rather than core hardware.

“Apple I think is a great example 7.6% ker over the last 5 years that growth is slowing because iPhone sales volume is slowing.”

The analyst suggests avoiding Apple in the short term due to the ban on Apple Watch sales in the US. This product is a significant growth driver for Apple, contributing an estimated $20 billion in revenue. The ban, stemming from a patent dispute, could lead to a short-term hit in revenue and potentially higher costs or lower margins if a licensing agreement is reached with Masimo.

“in the meantime this may be a turning point in the future of the Apple watch something to keep an eye on”

Travis Hoium suggests avoiding Apple stock due to its high valuation (P/E of 28, forward P/E of 26.5) despite slowing growth in its core products like iPhone, Mac, and iPad. He argues that while accessories and services show strong growth, there are limits to how much these can be squeezed, and the company's overall 10-year CAGR is only 8.4%. The current multiple expansion is not justified by underlying growth, and potential risks like the Google search deal add to the concern.

“I think the question at the end of the day is have the Tailwinds for Apple started to subside and I tend to think that's the case and the fact that the core products that we know Apple for the iPhone the Mac the iPad are not growing not even at a double digit rate they're growing at a very very low single digit rate that is a huge red flag for me”

The analyst argues that Apple is uniquely positioned to dominate the consumer-facing AI market due to its control over both hardware (chips) and software (operating system) in devices like iPhones and AirPods. This integrated ecosystem allows for a superior, frictionless user experience compared to app-based AI solutions, making Apple a strong long-term play in AI despite not being a first mover.

“I think that's going to be the case and that is going to give Apple a leg up on the competition that will ultimately bring a lot of value to the company and make its products even stickier.”

The analyst recommends selling Apple due to its high valuation (30x earnings) despite slowing growth in its core iPhone business. A significant risk is the potential loss of a $20 billion annual payment from Google for being the default search engine on iOS, which could impact 20% of Apple's net income if a DOJ lawsuit is successful.

“This brings me to the one reason to sell Apple stock and that is these two growth segments the accessories and services are really tied to the core products particularly the iPhone.”

The analyst suggests buying Apple due to the strength of its iPhone ecosystem, which drives demand for high-growth accessories like AirPods (19% CAGR) and services (20% CAGR). These segments continue to expand, leveraging the sticky nature of Apple's core products.

“One of the biggest reasons to buy Apple stock is because of the iPhone, the stalwart product that really started the company's meteoric rise. This is really the center of the ecosystem.”

The analyst is holding Apple shares but notes that the company's current P/E multiple of nearly 30 prices it as a growth stock, which he believes it is not. He points to stagnating iPhone sales, which have a low compound annual growth rate, and the challenge of increasing revenue without raising prices further. While services and accessories show growth, these rely on the existing user base, which is not expanding significantly.

“I'm not selling shares right now but this is definitely on my radar because apple as a company looks very expensive compared to its growth opportunities.”

The YouTuber recommends Apple, despite its low dividend yield, due to its tremendous cash flow from operations, exceeding $100 billion annually. This strong financial position and healthy balance sheet provide the company with significant optionality for stock buybacks and dividends, making it a reliable choice for steady income.

“And the final one is Apple like I said not a high dividend yield point five four percent and one of the reasons the dividend yield has dropped is because the stock price has actually gone up but cash flow is just tremendous for Apple.”

The analyst suggests avoiding Apple stock due to several headwinds. Concerns include potential sales declines in China, which is a major market, and the belief that the new iPhone 15 will not be a significant sales driver due to uninspiring upgrades. Additionally, the Vision Pro is not expected to materially impact the company's financials in the near future, and the stock's current valuation at 30 times earnings is considered expensive given these challenges.

“Apple's in a unique position with its current stock valuation at about 30 times earnings it's revenue from Flagship products like the iPhone is starting to stagnate it needs to squeeze more and more out of each customer and if the number of customers that are buying iPhones declines that's a real problem for the company.”

The analyst recommends Apple as a defensive stock, citing its strong performance during past downturns like the Great Financial Crisis. He highlights its substantial cash reserves, consistent cash flow, and leadership in the smartphone market, which he believes will continue to be ingrained in daily life. Despite a P/E of around 30, he sees it as a safe haven for investors during market volatility.

“when investors are looking for safety this is going to be the kind of company that provides that safety”

Travis Hoium argues that Apple stock is currently overvalued, trading at 30 times trailing earnings and 28 times next 12-month earnings, which is triple its valuation from 2016. He notes that iPhone sales have been flat since 2015, with growth driven by price increases and services rather than unit volume. He suggests that future growth will be slower than in the past, making the current valuation unsustainable for significant returns.

“investors who have a lot of gains in apple may want to take some time to look for other opportunities that are trading at a little bit better valuation maybe have another solid business but aren't trading for upwards of 30 times earnings”

The YouTuber predicts Apple will benefit significantly from the trend of AI models moving to on-device inference. This shift will leverage Apple's proprietary silicon and integrated ecosystem within iPhones and Macs, providing a competitive advantage whether they develop their own AI products or enable developers through APIs.

“ultimately the fact that the model themselves are moving to on-device inference is going to be a Tailwind for Apple that means that they're silicon their chips everything they control within iPhones within Max is going to work that much better than their competitors”

The YouTuber believes Apple is in a strong long-term position regarding AI, despite not being a first-mover. They highlight Apple's vertical integration, designing both chips and software, which allows them to put AI models directly on devices and differentiate themselves. This strategy enables them to push AI capabilities to hundreds of millions of users simultaneously, giving them a powerful advantage as AI models become commoditized.

“Apple may not be the company that is leading in artificial intelligence today but I really like where they're sitting long term the fact that they own the device they're designing the chips and they're going to be able to push those models and inferences onto the device is I think a very powerful position for them to be in.”

Travis Hoium suggests holding Apple due to its robust free cash flow generation and powerful, difficult-to-disrupt ecosystem. He notes that while rapid growth may slow, the company effectively uses its nearly $100 billion in free cash flow for stock buybacks and dividends, reinforcing its strong market position through integrated hardware, software, and services.

“I don't see it being disrupted anytime soon as a result there's just no reason to sell a really strong company like apple”

The analyst argues that Apple is well-positioned for the future of AI due to its ability to integrate AI models directly onto devices (on-device AI) rather than relying solely on cloud infrastructure. This approach leverages Apple's unique integration of hardware and software, potentially making AI interactions faster and more private. He also suggests that improvements to Siri through large language models could significantly enhance its utility and drive product sales or advertising revenue.

“I think a company that we need to think more about is Apple.”

The analyst recommends Apple as a long-term buy-and-hold due to its unassailable position in the tech market, particularly with the iPhone's duopoly status and high-margin hardware and software sales. Despite a P/E ratio of 31, he believes it's a reasonable long-term investment, expecting continued profitability, stock buybacks, and dividends.

“even at a price to earnings ratio of 31 I think it's a reasonable stock to just buy and hold long term from what we know right now there's no new technology or Hardware that's coming that's really going to displace the computer that is in most people's pockets every day”

Hoium suggests buying Apple, anticipating that AI will create tailwinds for the company as its devices will be central to AI computing, whether on-device or in the cloud. He expects continued growth in its ecosystem and ancillary products, making it a 'stickier' product despite a P/E of 27, which he considers a fair price for quality.

“I think Apple may actually have more Tailwinds behind it from an artificial intelligence standpoint because these are going to be the devices that a lot of this Computing is going on whether the AI compute is happening on device or in the cloud apple is going to be involved.”

The analyst recommends buying Apple stock due to its strong ecosystem, sticky customer base, and high-margin services revenue growth. He highlights its phenomenal balance sheet with significant cash reserves and its strategic advantage in designing its own chips, enabling on-device AI and optimized performance. Despite a recent dip in product sales, Apple remains a cash flow machine and a stable core for any portfolio.

“I think this is just the kind of rock solid core of a portfolio that investors can have pays a small dividend buys back a lot of stock and apple is just a cash flow machine that I don't see stopping anytime soon that's why I think it belongs in almost every portfolio and why investors can still feel comfortable buying it today”

Travis Hoium suggests investing in Apple because he believes the future of AI will involve models running directly on devices like iPhones, rather than solely in the cloud. This shift would allow companies like Apple, which control the device ecosystem, to extract significant value from on-device AI capabilities.

“If that's the case then who do we want to be invested in as investors it's going to be companies like Apple”

The YouTuber highlights Apple's unique advantage in integrating AI directly onto its devices due to its control over the entire hardware and software stack. This on-device AI capability offers speed and cost benefits over cloud-based solutions, differentiating Apple in the AI space.

“if it can do small artificial intelligence tasks on device on an iPhone or on a Mac that is going to be a huge help and have it be much faster and much cheaper for users than using the cloud.”

The YouTuber identifies Apple as an AI play due to its custom chip design and integration of AI models like Stable Diffusion into its hardware and software. He argues that this will make Apple's devices more powerful and represents a significant tailwind for the company.

“I think this is going to be a tailwind and just make Apple's devices more and more powerful”

The YouTuber suggests that Apple's rigid 30% App Store fee policy, particularly its attempt to apply it to NFT gas fees, could lead to significant disruption. This stance might push the crypto industry to develop alternative mobile ecosystems, potentially eroding Apple's dominance in the long term if they continue to resist blockchain technology. They draw a parallel to Nokia and Blackberry's failure to adapt to touchscreens.

“Apple is very stuck in their 30 App Store ways... if you make enough people mad they're gonna find another solution.”

The YouTuber, who owns Apple shares, is considering reducing his position due to the company's significant reliance on China for manufacturing and sales. He highlights the risks associated with China's zero-COVID policy and political tensions, which could disrupt Apple's supply chain and growth, noting that diversification of manufacturing is proceeding slowly.

“I own shares of Apple stock I'm not selling all of them today but this is something that I'm considering as a major risk factor and trying to think about is this priced into the stock appropriately over the next few weeks if the stock holds up fairly well but we see tensions rise I may actually take some of that risk off the table because Apple has become an outsized position in my portfolio”

The YouTuber highlights Apple as a dividend growth stock, despite its current modest 0.6% yield. Its payout ratio is only about 15%, indicating significant room to increase its dividend by up to 4x while remaining within a healthy range, making it attractive for dividend growth investors.

“Apple could increase its dividend by 4X and still be in that 50 to 70 percent range that would put its dividend yield over two percent.”

The analyst recommends Apple for its strong business model, generating $111 billion in free cash flow, and its uncrackable ecosystem that ensures customer loyalty and pricing power. While the current dividend yield is low, the company's significant stock buybacks and potential for future dividend increases make it an attractive long-term dividend growth stock.

“I mean what a business 111 billion dollars in free cash flow over the last year they're just printing money and I don't see any reason that that's going to stop”

The analyst believes Apple will eventually succeed in consumer AI due to its strong brand, but has fallen behind competitors. He suggests buying only after a potential sell-off, as investors may worry about its slower AI adoption compared to others.

“It is only then that I would start buying Apple because I do think they get there on that AI eventually, but it's going to take longer than investors realize.”

The analyst suggests gradually adding Apple shares, noting that the stock has lagged due to a stale refresh cycle but is entering an attractive buying zone. With a potential major upgrade cycle approaching for its products and significant cash reserves for acquisitions, the stock's current valuation at 8.6 times price-to-sales is considered attractive compared to historical levels.

“But here we're likely coming up to another major upgrade cycle. Not just in the iPhone, but also driven by acquisitions paid for by the company's massive 65 billion in cash and hundred billion a year in cash generation.”

The YouTuber recommends buying Apple, noting its strong consumer electronics brand and ecosystem (Vision Pro, AirPods, Apple Watch) position it well for the shift to a voice-driven, AI-centric internet. Despite recent slower revenue growth and a lag in AI development, Apple's substantial cash reserves make an AI acquisition likely, which could surprise investors and drive growth. The stock is currently trading at a discount to its historical price-to-sales valuation.

“And the biggest winner here could be shares of Apple ticker APL which have dropped into value territory down 7% this year.”

The YouTuber suggests avoiding Apple due to its lagging position in the AI arms race, evidenced by delayed Siri updates and minimal AI innovation. Growth forecasts are low at 4% sales growth this year, and despite a discount to its longer-term valuation, its 7.6x price-to-sales ratio is considered expensive given the lack of growth compared to peers like AMD. The stock is on the edge of 'sell' territory according to his momentum index.

“But right now, there just isn't much supporting this stock or to drive a rebound.”

The analyst suggests buying Apple if it drops closer to $200, citing its current high valuation at 34 times P/E and 9 times sales. He notes that the success of the upcoming AI rollout in September is critical, and consumer refresh cycles for AI-enabled devices, as indicated by Microsoft's PC sales, will be a key indicator.

“I would want to see it closer to maybe $200 before buying unless we see some very good numbers from Microsoft on those people refreshing their PCs for co-pilot otherwise I'm not sure the September rollout could be enough”

The YouTuber suggests covering some positions in Apple due to high valuations and the likelihood of disappointing earnings from the remaining Magnificent Seven stocks this week, following recent drops in Alphabet, Nvidia, and Tesla.

“That said Returns on the mag 7 stocks have been very good this year with the exception of Tesla Nvidia is still up 127% followed by meta up 31% alphabet 19 and Amazon 19% Apple up 133% and Microsoft lagging at 12% here but and so valuations are still pretty high on this group while investors should have some exposure to these Tech Giants long term the likelihood that we see those disappointing earnings from the remaining four stocks this week you might want to cover some of your positions just a little showing you that bigger picture here with with the sector spider.com sector tracker seven of the 11 stock sectors did close higher last week despite the loss on the overall market index.”

The analyst recommends avoiding Apple for now, citing lowered investor expectations, anticipated flat revenue growth, and declining market share in smartphones. He is concerned about a potentially lighter Q2 revenue outlook and a possible sell-off after earnings, despite the upcoming WWDC with new AI features.

“I would hedge going into earnings or just avoid it for now.”

The YouTuber suggests Apple is looking attractive after its 2024 tumble, implying it has entered value territory. He believes it has less room to fall if the broader market experiences a downturn.

“and even apple and Tesla are looking attractive after their 2024 tumble already down and in value territory these stocks are going to have less room to fall if the market plunges”

The analyst recommends accumulating Apple shares starting in January 2024, anticipating a significant product refresh cycle for the iPhone and iPad Pro next year. This is expected to boost sales and earnings, making it a good long-term pick despite short-term weakness.

“I think 2024 is going to be significantly better I think you want to get in front of that before the rumors start happening for that refresh cycle and start accumulating shares before that happens.”

The analyst suggests avoiding Apple stock in the short term due to a lack of significant product refreshes expected at the September event, combined with weakening consumer spending. He notes the stock is currently expensive based on historical valuation multiples, and anticipates weak Q3/Q4 sales guidance.

“I would hold off buying through the September event maybe even the next earnings which are scheduled for October 25th.”

The YouTuber recommends holding Apple shares as part of a covered call strategy for retirement income. By selling call options at a strike price of $215, investors can generate income while still participating in some upside, as the shares would be called away only if they exceed this price. This strategy aims to provide consistent income without selling the underlying stock.

“if shares of Apple go beyond that 215 share price by option expiration that investor is going to buy them away from us and give us the 215 times 1700 shares that's just over 365 000 so not only did we pay all our living expenses for that year we also made thirty seven thousand dollars in profit”

The analyst expresses concern about Apple's valuation, trading at 32 times P/E, especially with expected sales decline of 2.4% this year. He believes the stock looks stretched and needs a new product or growth driver to justify its current price, otherwise it could see weakness.

“I'm particularly worried about here Apple trading at 32 times p e ratio and expecting sales to actually decline 2.4 percent this year”

The analyst advises avoiding Apple at its current valuation of 30 times expected earnings, citing a cyclical nature around product launches and recent sales weakness. While acknowledging its strong brand power, he suggests waiting for a better entry point, potentially as low as $150 per share, before considering a purchase.

“I'd wait for a better price maybe even as low as 150 a share before I start looking at this stock”

The YouTuber suggests Apple is a long-term buy due to its strong brand loyalty and efficient management, as evidenced by Warren Buffett's significant investment. Despite its large size, Apple's ability to leverage its brand for new product launches ensures continued earnings growth.

“Still Apple has the kind of brand loyalty that any product it launches it's gonna have that instant following it and it's constantly leveraging that to grow its earnings.”

The analyst suggests that periods of expected revenue decline due to a lull in iPhone refreshes are the best times to accumulate Apple shares. Despite being a 'category killer' with strong brand loyalty, its revenue is heavily tied to iPhone sales, creating cyclical buying opportunities.

“these years are actually the best time to pick up shares though during that Lull in the iPhone refresh in the following years the hype train builds on those new phones total revenue jumps and the stock price goes with it once again”

The YouTuber expresses concern about Apple's valuation, noting its price-to-sales ratio is higher than its 5-year average and more than double its 2018 valuation. He also highlights potential risks from supply chain issues due to its significant production in China and geopolitical tensions.

“I also wonder if shares aren't just a little bit too expensive right now. The shares of Apple trade for 6.4 times on a price to sales basis. That is above the 5.6 to six times average over the last 5 years.”

The YouTuber mentions Apple as a popular choice for kids' portfolios, noting that many of these mirror popular stocks in general portfolios. He includes it as a recognizable company to engage children.

“shares of electronics giant Apple ticker AAPL now a lot of these are going to mirror those most popular stocks in anyone's portfolio”

The YouTuber recommends selling down Apple shares to rebalance the portfolio, as it currently represents an overly concentrated position (21.6%) which poses a significant risk. He emphasizes the importance of not having more than 10% of a portfolio in any single stock.

“I would definitely sell down some of that Apple or Costco shares really just to balance out the portfolio a little bit since there's no income here you shouldn't owe capital gains taxes on those but if you do then you can sell some of the stocks that have fallen to kind of zero out your taxes like we talked about”

The YouTuber notes Apple's strong revenue growth (28%) driven by the iPhone cycle, but questions its sustainability as analysts expect only 4-5% sales growth in the coming years. While analysts have a 'buy' rating, the price target is very close to the current price, suggesting limited upside and a neutral stance.

“Analysts do have a buy rating with 1.6 on shares of Apple but a target price of 174 dollars a share very close to the current price of a hundred and seventy two dollars.”

The YouTuber recommends Apple as a good quality company that is currently lagging behind other stocks. He suggests it could be a 'fluke play' that pops up, noting its recent move from $198 to $227 as an example of its potential.

“Also if you don't have Apple already, I'm throwing them in there just because they're they're still a good well-ran company and that's still quality that's lagging everything else.”

The YouTuber recommends buying Apple, arguing that despite its recent underperformance compared to other tech giants like Nvidia and Palantir, it is a fundamentally strong company with a great balance sheet and leadership. He believes it has significant room to catch up to its peers, especially given its current valuation after being 'beaten down' by the market.

“Apple got all of this room to catch up to to their peers in their rightful place among their peers.”

The YouTuber recommends buying Apple, arguing that it has been unfairly beaten down and is lagging behind its peers like Nvidia and Palantir, despite being a phenomenal company with a strong balance sheet and leadership. He believes it has significant room to catch up to its rightful place among top-tier stocks, especially as it was previously trading at $192 and is now at $230, indicating upward momentum.

“Apple got all of this room to catch up to to their peers in their rightful place among their peers.”

The YouTuber suggests buying Apple, noting its recent breakout from the low $190s. He highlights that even small price movements in Apple can lead to significant gains, especially when considering options, and advises buying when the stock is down.

“This stock, all you got to do to double your money is get a $5 move on Apple. It'll change your life.”

The YouTuber suggests buying Apple if its price drops to the low $200s, specifically around $195 or $190. He argues that Apple is a 'beaten down' stock with significant upside potential, similar to AMD's past performance, especially if there's a rate cut or resolution to global conflicts in July or August.

“If we can get this down here at this level or at this level, it's at the low 200s, 195, 190. We got so much move to the upside to have.”

The YouTuber recommends buying Apple if it holds above the $194-$195 support level, which he identifies as a double bottom. He sees significant upside potential to $212-$215 if this support holds, despite concerns about its AI initiatives.

“if we keep bouncing here, look at all this room to the upside. 212 215ish. You can go from 195 to 215, guys.”

The YouTuber suggests buying Apple after its drop to 193, forming a double bottom, which he interprets as a bullish signal. He expects it to recover to 201.58, citing the 'thin structure' on the chart as an indicator it will recoup the recent move.

“It came down here to 193 made a double bottom. 193. Boom. Look at this move. Double bottom equals it's telling us it's going up a lot of time. So look, you see this long boom boom right here? This 720 all the way down to 730. That that's called thin structure. Whenever it's thin like that, it's going to it's going to recoup that whole move. So that's already telling us we're going back to 201158 from here.”

The YouTuber suggests looking at Apple as an opportunity if its price drops to the $170s. He emphasizes its status as the number one company by valuation and market cap, believing it will resolve current issues and remain a quality, well-run company.

“If this come back to the 170s, you guys need to be really, really looking at this as an opportunity. Okay, Apple.”

The YouTuber indicates that if Apple's price is pushed down to the $218-$220 level, it represents a buying opportunity, as it has previously bounced off this support level. He implies that certain price points are known triggers for upward movement.

“if you press Apple down to 120 220 I know what we do from there”

The YouTuber bought Apple at $229 after it fell on the 4-hour time frame, viewing this as an opportunity to get in position for a larger move. He expects it to go to $237, $244, and then $260, believing that temporary downturns are buying opportunities before the stock resumes its upward trend.

“apple is another one I want you guys and I just spent money on this one because it fell on a 4our time frame go look this up guys okay I want you to know why does coach plays hit you need to know where in the chart where I'm looking at okay go to the 4our time frame for this play all right this went to 120 this went to 229 today okay I bought this at 229 this should go to 237 244 and then 260”

The YouTuber recommends buying Apple calls if the stock drops to the $220-$215 range, anticipating a bounce back to $230. He identifies $220 as a strong support level based on technical analysis, noting that a bounce from this level could double an investment. He also mentions a secondary support at $209-$207 if $220 fails.

“Apple came down today but it's coming down to that 220 level right there okay right now it's only at 224 so if it comes down we're looking for Contin move down to 220 and guess what we are going to buy a car here at 220.”

The YouTuber advises buying Apple on a pullback to the support level of $226.50. He notes that the stock is 'ready to run' and expects it to test $228.50 or $228.80, emphasizing that buying on pullbacks maximizes profit, especially for options trading.

“if I just wait for here let come back and test this line and this support level 22650 and then it go to 22820 Boom whole different ball game another $10,000 day”

The YouTuber highlights Apple's recent breakout and a double bottom pattern observed in pre-market trading, which he interprets as a signal for takeoff. He suggests looking for continued strength and a test of $217, with a potential move to $219 if it clears $217.48.

“Apple the ticker symbol on this one is AAP it's back at 21670 I love look at this breakout look at this double bottom guys boom this was in prear look at the time 500 a.m. 500 a.m. they made that double bottom around here if you rock with the same gang if you a sniper what happens when we see a double bottom we prepare for takeoff.”

The YouTuber suggests that if Apple does not hold at $210, it presents a buying opportunity. He notes that the stock has been as high as $216 and believes that pullbacks to $207 or $204 can lead to significant gains back to $216.

“so if this doesn't hold at 210 you guys got some decisions to make but nevertheless those decisions equals buying opportunities that I want you guys to be looking out for”

The YouTuber suggests that Apple's recent double top formation could signal a pullback. While they note that if $210 holds, it could lead to a triple top, they explicitly state that if $210 fails, the stock is likely to come down to $207 and then $204, implying an avoid or bearish stance on a break of support.

“if 210 fails then guess what we're coming back down to 207 then 204”

The YouTuber suggests avoiding Apple if it breaks below its critical support level of $192. He notes that the stock typically sells off after major events like WWDC, and a break below $192 could lead to further downside towards $189-$190. He advises caution until after the FOMC meeting.

“192 is critical support if we lose 192 on tomorrow whether they gap down or we break that level you guys need to start looking for 189 190 189 is to the downside okay I'm just giving you that particular guidance.”

The YouTuber suggests buying Apple on any pullback, especially if it reaches the $177 support level, expecting it to rebound to $186.10. This is based on post-earnings momentum and the expectation that non-farm payrolls will dictate the extent of any dip.

“it's coming down 177 is support okay I don't know if it's going to come that low if it do you know we buy cars at support so what it's going to go 177 to it's going to go up $10 okay between tomorrow and Monday this is how you play this okay”

The YouTuber suggests buying Apple if it drops to the low $160s, viewing it as a buying opportunity. They also note that a positive earnings surprise could help the stock break out of its downtrend.

“if they go back down to the low 160s we'll gladly take that ride with them there”

The YouTuber suggests buying Apple if it drops below $172, anticipating a bounce back to $177-$178, and potentially $180 if momentum continues. This is based on the idea that current market dips are 'gate tests' by Wall Street to find buyer support levels.

“if Apple comes back to below 172 okay then Apple will flush down if they can't push Apple down past 172 guess what guys apple is going to rock it back up to guess what 177 17 78 and if some momentum kick in or if the war stops or if they pause for just a second Apple going to go to 180 as the third target”

The analyst sees Apple at a critical juncture around $168 and $167. If it holds these support levels, he expects it to rebound to $170, $180, and $190. However, if it breaks below $167, he anticipates a further decline to $157 and $153, emphasizing the need to react to price action.

“if it holds 168 and don't come to pass 167 if it holds those levels guys we can easily go back to 170 180 and 190 in this play.”

The YouTuber identifies Apple as a 'sleeper' stock, noting its recent underperformance and significant year-to-date decline. He sees a high risk-to-reward opportunity if the stock can hold the $167-$168 support level, indicating it's building a base for a potential rebound to the $170s, $180s, and $190s.

“if they build this base here and we're able to hold this 168 level guys we can see this shoot back to the upside and recapture the 170s 180s and 190s”

The YouTuber recommends buying Apple if it pulls back to around $176, especially after profit-taking, with the expectation that it will rebound to $178, $179, or $180. He notes that clearing $178 opens the door for further upside.

“around 176 tomorrow if it opens up at this level you can Rebuy Apple or get into it for the first time if you haven't been in it and ride it back to 178 179 and 180”

The YouTuber notes Apple's recent price movement, observing it went from $173 to $177, then pulled back to $173, potentially establishing a new trading range of $173 to $178. He previously predicted it would reach $175 and $177. While not explicitly a 'buy' call, he highlights its current activity and range.

“Apple wanted to go go up this morning for example boom I roll what from 173 to 177 you guys lucky I don't have my computer my house is under construction right now but when I get a chance to show you the charts remember that illustration we went through when I told you these stocks will fly and I told you that Apple was going to go to 175 and 177 check out what it did today it got all the way up to 177 178 and then got knocked back down I think it around 173 but again that's a good sign that may have established a new range from 173 to 178”

The YouTuber is looking for Apple to find support at $180. If it reaches this level, he anticipates a bounce back to $183 and then $185, suggesting a buy opportunity at the $180 support.

“I'll be looking for this to find some support at 180 because if they don't they will have a nice little trip down to the 170s okay and so again I'm looking for this to come to 180 and bounce so I'm looking for this to get to 180 and then go back to 183 and then 185”

The YouTuber recommends buying Apple, advocating for a dollar-cost averaging strategy. He includes Apple in a list of 'quality Blue Chip companies' that he has been consistently buying, suggesting a belief in its long-term value and stability.

“buying Meta, buying Google, buying Apple, buying Microsoft, buying Tesla, buying Nvidia, buying AMD.”

The YouTuber highlights Apple's strong rebound despite recent downgrades, noting its bounce off the 200-day moving average. He frames this as a successful recovery and a testament to the power of investing.

“Apple ticker symbol AAPL despite all the downgrades last week they fought themselves back they set a lot of traps for people that was again banking on their demise but they rebounded they bounced off the 200 day moving average and ricocheted from way down here 183 earlier in the week to 191”

The YouTuber advises keeping an eye on Apple as it is slowly creeping up towards $195-$196. He suggests looking for $195 to be hit soon, implying continued upward momentum.

“it's making its way back to 195 196 but I'm putting it on your radar at 194 so that you can take part in in the move”

The YouTuber recommends continuing to watch Apple, noting its strong recovery since earnings and its ability to break through the $180 resistance level. He sets a target of $190 for the week.

“Apple ever since earnings when they got pushed down temporarily they came climbing all the way back and look at this guys up 2.2% on the day sitting way up here at 186 190 our Target is set on this one for the week.”

The YouTuber suggests that if Apple reaches $175, it will likely face heavy resistance and could be a short-term play to the downside. They advise patience and to react to price action at that level.

“listen I expect us to try to test 175 that is heavy resistance so expect rejection there okay it just is a been a huge run it just makes sense to see that but again don't guess don't gamble React to what happens when you get up that high okay but major salute to those that's doing their thing in apple might be a possible play to the downside if we hit 175 but be patient don't jump in too early this is a game of patience don't jump in ahead of time let's see it try to test 175 it might get to 17496 it might get to 17530 watch it at those levels and if it don't continue higher be preparing for the pullback okay”

The YouTuber bought a put option on Apple at $172.98, indicating a bearish short-term view. He notes that Apple was unable to bounce significantly at the end of the day, unlike other stocks, suggesting continued weakness.

“Apple wasn't quite able to do the same they were up here 172. I bought a put today right at this was resistance it was 172.98 to be exact I bought a put right here and rolled this down look at this it just never stopped going to 169.”

The YouTuber predicts Apple could crash if it fails to clear resistance levels around $175-$178. He identifies $168 as a potential downside target and a 'buy zone' for a rebound, suggesting a short-term trade for a $5 move.

“if we don't go up this stock will crash I want you guys to look for 173 I think we lose 173 I want you to take that five dollar ride down to 168 that is a low-key home run as well.”

The YouTuber advises caution with Apple stock around its product release event, noting a historical 'buy the rumor, sell the news' pattern where the stock often runs up before the event and then crashes. He suggests being flexible and nimble for potential downside.

“typically this is a buy the rumor sell the news type of thing so oftentimes at least the past three years every time Apple released a new phone they'll run the stock up and then crash the stock”

The YouTuber suggests selling Apple shares once they reach the $190 price target, as this level represents a gap fill and the completion of their trading plan. He indicates that after hitting this target, the stock could potentially retrace significantly.

“190 is our price Target and then this play is done I don't care how much higher It Go the play we had was from way below up to 190 okay 190 will also be a gap field level 190 slash 191 and then after that guys they can crash this stock all the way back down to 170 160.”

The YouTuber suggests that Apple might be a 'buy the rumor, sell the news' situation around its September 12th product release. Historically, Apple's stock tends to run up into such events and then crash afterward. He advises looking for a crash around that time if it doesn't happen beforehand.

“Apple might be a buy the room or sell the new so they have the iPhone situation thing coming out a new product release September 12th so typically every time that happens Apple crashes in route to that so they might run up into the September 11th or the day of and then once the new products come out Boom the stock crashes so if Apple don't crash ahead of time look forward to crash around that time.”

The YouTuber describes a short-term trading strategy for Apple, buying at $188.50 and selling at $189, repeatedly. He notes that the stock is currently facing resistance around $189 and has not yet broken through to higher levels like $190.

“you have to respect that until it's ready to break through and that's all I've been doing by and low and then riding it up to the arbitrary resistance level and just making two or three thousand dollars at a time in and out in and out”

The YouTuber suggests buying Apple if it successfully tests the $188 resistance level. This move is based on a technical gap fill opportunity that could take the stock to $190-$191, following a recent rally from its post-earnings low.

“you're looking to first test 188 everybody write this down okay you're looking to first test 188 in a successful test of that level May then allow you to open the door to go complete that Gap at 190 and ultimately 191”

The YouTuber cites Warren Buffett's investment in Apple in 2016 when the market undervalued it at 10 times earnings due to concerns about larger smartphone screens. Buffett recognized that Apple could easily adapt by releasing new products, similar to Coca-Cola's formula change, demonstrating a long-term vision to buy when temporary issues depress the stock.

“Warren Buffett has earned more than 80 billion dollars investing in Apple. In 2016, the market valued Apple shares very cheaply, barely 10 times its annual earnings. Why? Because there was a narrative that they were not going to release smartphone models with larger screens and Samsung was doing it due to a vision that Steve Jobs had, a company policy. And what did the company do? Easy to solve. It saw that it was losing market share, it released the product that the market really wanted.”

The YouTuber highlights Apple as one of his best investments, noting its transition from a hardware to a software ecosystem, which was underappreciated by the market in 2018. He emphasizes that a company being large doesn't preclude it from significant future growth. He is currently holding the stock.

“One of the major lessons here is just because a company's already really big doesn't mean it can't get a lot bigger.”

The YouTuber is trimming Apple due to concerns about slow growth, high risk, and lofty valuations, despite the stock being down 13% this year. He notes its high P/E ratio of 28-29 and believes the future remains uncertain, citing issues with Apple Intelligence and a perceived shift in the company's culture regarding product announcements.

“Apple has been the combination of very slow growth high amounts of risk and trading with LOF evaluations that's a combination that it's difficult to get behind and even with it trading down this year being down 13% I still believe there's likely more to go”

The YouTuber views Apple's rumored move to develop in-house Bluetooth and Wi-Fi chips as a positive development, aiming to increase operating margins by reducing licensing fees paid to suppliers like Broadcom. While not a 'huge game changer,' it aligns with Apple's strategy of vertical integration and margin improvement, reinforcing its long-term strength.

“Although I don't see this as a huge game changer for Apple I do see it as a positive thing for the company.”

Apple appears more expensive compared to other Magnificent 7 stocks due to its projected low growth rate of only 5% over five years. While its investor price to future earnings ratio is aligned with peers, its lower growth makes it a less attractive option in the YouTuber's valuation framework.

“However, Apple with little grow seems more expensive.”

The YouTuber believes Apple is significantly overvalued compared to its peers (Google, Amazon, Microsoft) based on its price-to-operating cash flow multiple of 29. He notes it's the slowest-growing company in the group, making its high valuation unjustified.

“in my opinion I think that apple is the most expensive company out of this group by far and I don't think that it is looking cheap by any means”

The YouTuber highlights that Buffett did not touch his Apple position this quarter, after significant reductions in the past year to rebalance the portfolio. The current holding of 300 million shares, making up 28% of the portfolio, suggests a long-term 'Coca-Cola style' hold, implying no further selling for now.

“because if you look to the top of the portfolio he did not touch his Apple position in the quarter of course this comes after significant reductions to the position over the past year”

Warren Buffett continued to sell Apple stock, reducing Berkshire Hathaway's stake by another 25% in Q3. This move is attributed to portfolio management and cash allocation rather than a loss of faith in Apple, as the stock's significant rise has increased its valuation. Buffett is accumulating cash, potentially positioning Berkshire defensively for future economic uncertainties.

“Warren Buffett was not done selling Apple stock... this move appears to be more about portfolio management and cash allocation than a loss of faith in the tech giant.”

The YouTuber discusses Warren Buffett's Berkshire Hathaway reducing its Apple stake by 49% in Q2. Buffett stated he is happy to lock in profits at a low tax rate and hold more cash/treasury bonds. While he doesn't believe Apple's business is fundamentally deteriorating, the stock's valuation has significantly expanded (P/E of 34 compared to his purchase P/E of 12), leading him to take advantage of the strong run while maintaining a substantial long-term holding.

“Buffett said he is quite happy locking in some of the profits at a low tax rate now to hold more cash and treasury bonds with all that's going on in the world with the moment.”

The analyst believes Apple is currently overvalued, with a KGV of around 40, which is significantly higher than its 10-year average. Despite some past stagnation in earnings, the stock's valuation has tripled since 2017. Even with projected low single-digit growth, the expected annual return until late 2027 is only 6%, which is deemed unattractive.

“Das heißt die Apple Aktie W jetzt für mich zu teuer und wenn wir jetzt halt eine Korrektur hätten könnte man hier mal überlegen ob wie hoch das abschlagspotenzial ist das wäre dann aber auch relativ beschränkt zumindest auf Ende des Geschäftsjahres hier kann ich leider jetzt nicht gucken wie hoch es ist basierend auf diesen Zahlen weil wir gehen dann hier quasi in die Zukunft zurück dann ist Rendite aufholungspotential wenn ich jetzt mal hier im Kopf rechn 250 und 190 tja wie viel Prozent werden Design 25 20% ungefähr ja 250 25 sind ja 10% 50 etwas über 5 sag 20% kursabschlags bzw Korrekturpotenzial wäre das dann hier ungefähr das heißt Apple wäre jetzt aus meiner Sicht nicht attraktiv weil die Aktie einfach schon zu teuer wä und hier wäre tatsächlich so viel Korrekturpotenzial da dass man sagen könnte dass man sagen könnte okay das hätte sogar schon crashptenzial weil wir ja hier immer noch mehr als 20% renditeabschlag haben hab ich gerade im Kopf ausgerechnet”

The analyst recommends avoiding Apple due to its current overvaluation, showing a potential downside of 20-21%. The stock's less dynamic earnings growth compared to Microsoft means its high valuation is not being reduced as quickly. The projected annual return over the next two years is near zero, making it an unattractive investment at present.

“das heißt bei Apple würde es sich nicht lohnen laut dieser Fundamentalanalyse heute einzusteigen”

The YouTuber believes Apple is currently overvalued, trading at a P/E ratio of 32 with only high single-digit growth projections, compared to historical periods of much higher growth at lower P/E ratios. He would consider buying if the stock corrects to around $160, which aligns with a more reasonable fair value based on historical averages.

“Apple ist meiner Meinung nach kein Kauf momentan weil die Aktie einfach heiß gelaufen ist.”

Apple's stock is expected to consolidate in the short to medium term (1.5-2 years) despite its fundamentally sound business, strong cash flow, and debt-free status. The analyst notes a relatively high P/E ratio of 21 compared to its historical average of 16.5, and moderate projected earnings growth. Production issues in China and a slowdown in earnings growth contribute to a cautious outlook for significant near-term price appreciation.

“kurzfristig mittelfristig aus nächster eineinhalb Jahre zwei Jahre wenn jetzt aber nicht davon ausgehen dass die Aktie durch die Decke geht ist aber nur meine Meinung”

The YouTuber explains that Warren Buffett has been selling Apple stock due to its increasing size within Berkshire Hathaway's portfolio, making the company's returns too dependent on a single stock. Additionally, Apple's valuation has become expensive, with a forward P/E ratio over 30, and the potential for higher capital gains taxes in the future makes realizing profits now more attractive.

“in the latest quarter almost all of the $34 billion of net stocks that were sold was the sale of Apple stock”

The YouTuber highlights Apple as an example of a company that effectively returns capital to shareholders primarily through share buybacks rather than dividends. This strategy is presented as more tax-efficient for investors and leads to a higher stock price due to fewer outstanding shares, making it a better long-term investment approach than focusing solely on dividends.

“Apple 89 Milliarden Dollar im Jahr 22 in aktienrückhäufe gesteckt hat und nur knapp 15 Milliarden Dollar in Dividenden.”

Michael Burry is short Apple, betting on falling prices. This contrasts sharply with Warren Buffett's large long position in the company, highlighting a divergence in expert opinion.

“Es gibt allerdings auch eine bekannte aktion position bei der michael perry short ist also auf fallende kurse setzt und das ist apple tatsächlich”

Apple is highlighted as a highly profitable company with a strong ecosystem and business model. Despite its large size, the YouTuber sees continued growth potential through ventures like Apple Car, payment services (Apple Pay), and potential acquisitions, making it a suitable long-term investment.

“drittens Apple das wertvollste Aktienunternehmen der Welt hoch profitabel starkes Ökosystem enorm starkes Geschäftsmodell die Frage wie man sich hier am ersten stellen könnte auf langfristige Sicht ist hat Apple eigentlich überhaupt noch Wachstumspotential genau dieser Frage bin ich auch schon mal in einem Video auf den Grund gegangen und und da habe ich gezeigt apple kann ein eigenes Auto bauen oder forciert das wahrscheinlich sogar mittlerweile haben wir gesehen apple stellt auch stärker noch Software her für Autos integriert also Apple carplay stärker in die Automobilhersteller Apple steigt stark in das paymentgeschäft ein also über Apple pay und könnte auch Akquisition tätigen beispielsweise Netflix kaufen also es gibt definitiv noch einiges am Potential in der Apple Aktie natürlich ist die Aktie schon auf einem sehr großen Niveau das heißt es muss natürlich schon einiges an zusatzumsatz dazu kommen um prozentual überhaupt noch wachsen zu können trotzdem glaube ich Apple wird uns auch langfristig begleiten”

The analyst suggests that Apple still has significant growth potential despite its large size, driven by five key areas: payment solutions (Apple Pay), the automotive market (Apple Car), virtual reality/metaverse, health services (Apple Watch, AirPods), and potential large acquisitions like Netflix. These new markets are crucial for Apple to maintain above-average returns given its current valuation and scale.

“Das zumindest ist meine These, dass mindestens einer dieser Märkte erfolgreich erobert werden muss, damit die Apple Aktie noch überdurchschnittlich gute Renditen liefern kann auf dem hohen Niveau und dem hohen Volumen auf denen sie schon ist.”

The analyst believes Apple is currently not well-priced, trading at a higher market multiple than he would prefer. While acknowledging its strong fundamentals like revenue growth, EBITDA growth, robust free cash flow, and zero net debt, he suggests waiting for the stock price to come down to a more attractive valuation, similar to when Warren Buffett initially bought it at a much lower multiple.

“is this stock well priced? No, I don't think so. I think the market multiple is a little higher than I would love to…”

The analyst believes Apple is currently overvalued, trading at a forward price multiple of 19x EBITDA, which is higher than its historical average of 15x. He forecasts an 8% IRR over the next decade, which is below the market average of 10%. He also notes that Apple's revenue is heavily reliant on iPhone sales, making it susceptible to economic downturns and market multiple contraction.

“I think for right now I'm going to give Apple a bad investment because I think that there's more downside pressure to come.”

The analyst would consider buying Apple if its price dropped to $95 per share, which would correspond to a 12x EBITDA multiple. This price point would offer a more attractive entry, allowing for potential market multiple expansion and an estimated IRR north of 15%, significantly beating the market.

“If Apple came back down to that 12 times ebitda rank... I got a price target of 95 dollars per share for me that is a point where you'd be very interested in apple.”