$Apple(AAPL)$ $AAPL ❖ APPLE IN

$AAPL

❖ APPLE INC: CITIGROUP CUTS TARGET PRICE TO $220 FROM $225

"We expect the stock to remain under pressure through WWDC in June which we view as the AI catalyst to drive upside to 2025 AI smartphone demand. Every 1% increase in AI phone adoption each year will drive ~20M smartphone shipments or ~$20B in sales. We move FY25 EPS down $9c and lower TP to $220 on consistent 30x P/E. Maintain buy on structural gross margin expansion due to premiumization supported by AI smartphones and services growth."

NVDA Will Surpass 🍎's Market Cap in Just __ Days?

Nvidia hits $927 in Thursday trading and market cap stands at $2.3 trillion, slightly trailing behind Apple's $2.6 trillion. Apple's stock has been declining in recent days due to the company missed AI trend. ---------------------- When will NVDA surpass Apple in market cap? Will NVDA hit $1000 in March?

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