Reddit discussions about Apple Inc. (AAPL) are currently buzzing with a mix of optimism and skepticism. On r/applestocks, one user expressed unwavering confidence in Apple's long-term performance, despite past misjudgments about potential catalysts like the "Vision AR/VR" product and "Project Titan." They now see AI and satellite communications as the next big drivers for Apple. Meanwhile, a post on r/wallstreetbets sparked debate by claiming Apple has "hit its peak," with some users arguing that Apple's growth potential is exhausted, while others pointed to the company's strong services revenue and upcoming product launches, such as OLED iPads and iPhone Air, as reasons for continued optimism.
In another thread, users discussed Apple's strategic moves in India, speculating on which local companies might benefit from Apple's expansion. The conversation highlighted Tata as a key player, given its manufacturing rights in India, and suggested looking into packaging manufacturers as potential beneficiaries. Additionally, a legal discussion on r/law centered around Apple's decision to scrap a controversial CSAM-detecting tool, with users largely supporting Apple's move to protect user privacy and security.
As of 12:00 PM on December 10, 2024, Apple Inc. (AAPL) is trading at $246.47, reflecting a slight decrease of 0.11% from the previous close.