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Apple stock continues to march higher, this time on AI hype. But are shares worth it?
Apple (AAPL 0.58%) stock continues to hit new highs, but the business is telling us a very different story. iPhone, Mac, iPad, Apple Watch, and AirPod sales are all in decline, and new products like the Vision Pro are hardly hits. Is this time to get out? Travis Hoium covers the trends and the hype in this video.
*Stock prices used were end-of-day prices of June 30, 2024. The video was published on July 1, 2024.
Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Travis Hoium has positions in Alphabet and Apple. The Motley Fool has positions in and recommends Alphabet, Apple, Microsoft, and Netflix. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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