Apple (AAPL) Is A Victim Of Its Own Success: 2024 Outlook

Apple (AAPL) reached an about 50% gain in 2023. Alex Coffey joins Oliver Renick to recap the year for Apple. He talks about how the stock hit a new all-time high and reached a $3T market cap. He looks at how Apple is a victim of its own success, meaning that it’s iPhones are getting better and better and people need to upgrade less often, and as a result the growth in that product has stagnated. He then goes over the outlook for Apple. Tune in to find out more about the stock market today.

Morning Trade Live

02 Jan 2024

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