[Table_StockNameRptType] 苹果（AAPL.O） 公司覆盖 敬请参阅末页重要声明及评级说明 证券研究报告 美元/766 亿美元/950 亿美元），股利支付率近四年基本维持在 15%左 右，首次覆盖，我们给予"增持"评级。 ⚫ 风险提示 行业竞争加剧；全球宏观经济扰动风险； AI 进展不及预期等。 敬请参阅末页重要声明及评级说明 2 / 36 证券研究报告 ２ＡI 加持下，有望为 IPHONE 为首的硬件产品带来新一轮成长周期… 2.3 端云模型结合，私有云部署有效保障用户数据隐私安全 . 2.6 活跃用户规模不断扩大，SERVICES 业务持续增长 苹果（AAPL.O） 3 / 36 苹果（AAPL.O） 4 / 36 故请参阅末页重要声明及评级说明 [Table_CompanyRptType1] 苹果（AAPL.O） 苹果公司（Apple Inc.）自 1976 年成立以来，经历了从初创公司到全球科技巨头 的辉煌历程。1977 年，Apple II 的推出奠定了其在个人电脑市场的地位。1984 年， Macintosh 引领了图形用户界面的普及。1997 年，史蒂夫·乔布斯回归，通过推 ...

Apple's AI Software and Market Performance - Apple unveiled its AI software, Apple Intelligence, in June, with a slow rollout and potential impact on 2025 sales [1] - Apple shares have gained around 31% since the start of the year, outperforming the S&P 500's 24% increase [21] Technical Analysis and Key Price Levels - Apple shares moved lower Monday morning, tracking a broader decline for U S stocks, but the company remains close to reaching a $4 trillion market capitalization [17] - A bearish evening star pattern has formed over the past three trading sessions, indicating a potential reversal in the stock [7] - Key support levels to watch are around $237 and $218, with a bullish price target near $278 [7][13] - The first level to eye sits around $237, near the 50-day moving average and the ascending triangle's top trendline [6] - A decisive close below $237 could see Apple shares retrace to the $218 level [14] - The bullish price target of $278 is calculated using the measuring principle, adding $41 to the initial breakout area of $237 [15] Market Activity and Investor Interest - Volume spikes in the stock on June 21, Sept 20, and Dec 20 coincided with triple witching days, suggesting portfolio rebalancing by larger market participants [2] - Last Thursday, Apple set a fresh record high just above $260, with analysts predicting a "golden era of growth" in 2025 due to AI demand [20] - Investors are watching if Apple shares can hit $264 62, the price needed to reach a $4 trillion market cap [20] Chart Patterns and Momentum - Apple shares have trended higher since breaking out above a broad ascending triangle formation earlier this month [18] - The relative strength index (RSI) made a comparatively shallower high as the stock climbed to a record high last week, creating a bearish divergence and indicating weakening price momentum [8]

Analyst Ratings and Insights - Benzinga's Analyst Ratings API provides high-quality stock ratings curated through partnerships with major sell-side banks, displayed daily three hours before the U.S. equity market opens [1] - Analyst insights from Benzinga Pro subscribers and readers can be used as trading indicators to outperform the stock market [1] - Wall Street analysts make daily stock picks, but their track records vary widely, leading to confusion among investors [3] - Benzinga's Analyst Stock Ratings page allows readers to access the latest analyst ratings and sort them by analyst accuracy [6] Recent Analyst Ratings - RBC Capital reiterated an Outperform rating on Huntington Bancshares Incorporated (HBAN) with a price target of $20, seeing around 22% upside [2] - B of A Securities maintained a Buy rating on Alphabet Inc. (GOOGL, GOOG) with a price target of $210, predicting over 9% upside [4] - Piper Sandler maintained a Neutral rating on Enfusion, Inc. (ENFN) and raised the price target from $10 to $11.5, forecasting around 14% upside [7] - Wedbush maintained an Outperform rating on Apple Inc. (AAPL) and increased the price target from $300 to $325, expecting around 28% surge [8] - Loop Capital maintained a Buy rating on Datadog, Inc. (DDOG) and raised the price target from $160 to $200, projecting around 37% upside [10] Recent Market Performance - U.S. stocks settled lower on Friday, with the Dow Jones index dipping more than 300 points during the session [5] - The Dow Jones index gained around 0.4% last week, ending a three-week losing streak [5] - The S&P 500 added 0.7% last week [5] - The Nasdaq rose about 0.8% during the week [5] Recent Company News - Huntington Bancshares recently decreased its prime rate to 7.5% [2] - Google-parent Alphabet has laid out its remedies proposal in the high-stakes search distribution case with the Department of Justice (DOJ) [4] - Enfusion reported worse-than-expected third-quarter financial results on Nov. 4 [7] - Apple has stopped selling its iPhone 14, iPhone 14 Plus, and third-generation iPhone SE models across most European Union countries [8] - Datadog announced the pricing of an upsized offering of $870 million in convertible senior notes on Dec. 20 [10]

Career Background - The individual has a career spanning from 1975 to 2001, including roles as a trader, analyst, and portfolio manager [1] - Former head of equity trading at Northern Trust Co in Chicago [1] - Currently a private investor, founder of a nonprofit investor advocacy firm, and private investing coach [1] Investment Philosophy - Focuses on teaching retail investors the same skills and strategies used with high net worth clients as a private wealth manager [1] - Emphasizes the satisfaction derived from giving back to the community rather than helping the wealthy become richer [1] Current Holdings - Holds a beneficial long position in shares of AAPL and NVDA through stock ownership, options, or other derivatives [3] - No business relationship with any company whose stock is mentioned in the article [3]

Market Performance - Every stock in the Fateful Eight except Microsoft outperformed the S&P 500 in 2024, with the other seven at least doubling the gains of the broader market [1] - 168 stocks in the S&P 500 are down for the year, and more than 70% of the names in the index have underperformed it [1] - The S&P 500 has gained roughly 26% in 2024, with a 55% increase over the last two years [13] Concentration in the S&P 500 - More than one-third of the S&P 500's value comes from just eight companies [2] - The Fateful Eight now make up roughly 34.4% of the market, with their weights in the S&P 500 as follows: Apple (7.66%), Microsoft (6.37%), Nvidia (6.71%), Amazon (4.16%), Meta Platforms (2.57%), Tesla (2.48%), Alphabet (2.24%), and Broadcom (2.24%) [7][9][13] Equal-Weight Funds - Equal-weight S&P 500 funds have vastly underperformed standard S&P 500 funds this year but would be more resilient if the Fateful Eight experience a pullback [10] - Equal-weight funds rebalance their holdings quarterly to ensure each company accounts for the same share of the total, not based on market cap [10] Market Dynamics - High-flying tech and artificial intelligence stocks have surged in price, offsetting hundreds of underperformers in the S&P 500 [13] - The market's gains may eventually broaden, with the rest of the S&P 500 stocks potentially appreciating if the lofty valuations on the Fateful Eight normalize [6] - Big tech names are viewed as defensive plays in an economic environment featuring more inflation and fewer interest rate cuts [6] Company Performance - The Fateful Eight, including Apple, Microsoft, Nvidia, Amazon, Meta Platforms, Tesla, Alphabet, and Broadcom, have shown extraordinary performances this year [13] - Broadcom's market cap recently surged past the $1 trillion mark, leading to its inclusion in the Fateful Eight [13]

Apple plans to expand in generative AI and reportedly launch more hardware products in 2025.Apple Intelligence software is still expected to drive a super cycle in iPhone sales.It faces competition in mixed reality and potential tariffs affecting Chinese sales and production.Timing is everything for Apple going into 2025.Advertisement Apple's stage is set for the new year, with big plans for expansion in generative AI, reports of a home device lineup launching soon, and talks of a more affordable iPhone in ...

Warren Buffett reportedly manages about 90% of Berkshire Hathaway's (BRK.A -0.39%) (BRK.B -0.56%) equity securities portfolio, while understudies Todd Combs and Ted Weschler handle the rest. The company does not disclose which investment manager makes each individual trade, but Buffett is almost certainly in charge of large positions like Apple (AAPL -1.32%).Despite once calling Apple the "best business" in the world, Buffett sold 100 million shares in the third quarter, cutting Berkshire's stake by 25%. An ...

As we await a judge's ruling on the penalties that will be applied to Google following on from the landmark court ruling that the company had maintained an illegal monopoly in online search, we're learning more about Apple's role in what might come next.Google has long provided the default search engine in Safari, Apple's web browser, paying Apple a percentage of the revenue generated by Google searches originating on Apple iPhones, iPads, Macs and other devices -- an arrangement that in 2022 amounted to $2 ...

Apple (NASDAQ: AAPL) has been an industry-defining force for decades. However, it was only the 2007 launch of the iPhone, inaugurating the smartphone era, which brought the company the widespread mainstream recognition it enjoys today.The strength of Apple’s brand isn’t just for show — it’s a fundamental reflection of the strength of the company’s business. In 2018, the business became the first publicly traded venture to reach a market capitalization of $1 trillion. Two years later, in 2020 it became the f ...

After a number of issues last month while streaming boxing, Netflix successfully streamed two NFL ... [+] football games on Christmas. (Photo by Brett Carlsen/Getty Images for Netflix © 2024)Getty Images for Netflix © 2024Key Takeaways Russell 2000 Gains 1% While Major Indices Remain Mostly Flat Apple Nears $4 Trillion Market Cap With Upgraded Price Target Rising Bond Yields Could Dampen Stock Appeal And Signal RisksStocks were relatively flat on Thursday. With the exception of the Russell 2000, which gaine ...