AAPL: THE GOOD, BAD, AND UGLY OF THE POTENTIAL TRUMP PRESIDENCY — RAISING THE TARGET
By Nigam Arora & Dr. Natasha Arora
Key Points
Here is how prudent investors should think about the potential Trump presidency on AAPL stock:
- If Trump gets elected, it will be at the start of a massive new upgrade cycle for iPhones. Older iPhones do not work with AI. If Trump is elected, it may create an environment that may accelerate the speed of upgrades.
- Trump is not likely to regulate AI. This is good for Apple.
- Apple is facing antitrust issues because it has allegedly been stifling competition. The expectation is that a Trump administration may not pursue an antitrust case against Apple.
July 16, 2024