ADD TO AAPL AND GOOG HEDGES OR TAKE PARTIAL PROFITS — APPLE CONSIDERING AI SEARCH
By Nigam Arora
It is extremely important to protect large unrealized profits. For example, AAPL is long from $4.68. It is trading at $194.20 as of this writing. Thus, there are very large unrealized profits. There are existing hedges. It is time to add to the hedges.
Consider adding to the hedges on bounces by scaling in.
The trigger for the call is Apple is working on adding AI search to its browser. Currently, Apple does not have plans to make a general search engine. Nonetheless, this development is negative for both AAPL and GOOG stocks. Here are the key points:
- Google pays over $20B per year to Apple to make Google the default search engine.
May 8, 2025