July 16, 2024

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.