Reddit discussions have been buzzing with mixed sentiments about Apple Inc.'s recent performance and strategic initiatives. Despite Apple's record-high Q4 2024 financial results, which showcased a 6% y/y revenue increase driven by the iPhone 16 and new AI features, some investors remain skeptical about the company's growth potential. Concerns about Apple's high valuation and global political challenges have been highlighted, with some users suggesting a shift in investment focus. Additionally, Apple's strategic partnership with Sony to enhance gaming support for the Vision Pro through PlayStation VR2 controllers has been a focal point, reflecting the company's efforts to expand its ecosystem and attract a broader user base.
The Direxion Daily AAPL Bear 1X Shares (AAPD) ETF saw a slight decline, trading at $15.88, down 0.06% from its previous close of $15.89 as of 7:20 AM on Monday, December 9.