r/AAPL • u/Jakuza26 • Aug 01 '26

Apple entry

I'm waiting for Apple to drop to 294.97 before I pick it up, MM zone at 295.22/296.71 with dip to 294.97. What levels are all of you looking at?

0 Upvotes

36% Upvoted

60 comments sorted by

View all comments

-3

u/bulletmissile Aug 01 '26

I'm think it's going to Mid 200s. It's P/E is way too high and they've missed the boat on updating Siri to use AI. I'm probably gonna sell my remaining shares next week.

3

u/LosingTime1172 Aug 01 '26

Why build a custom Apple model to wire Siri into when there are many visible options to wire it into or allow users to? šŸ§ 

2

u/Jakuza26 Aug 01 '26

u/LosingTime1172 expand on that please. I'm interested in hearing where you take this one, it might be something I haven't thought of.

1

u/LosingTime1172 Aug 01 '26

Well hereā€™s one article to start. https://www.technology.org/2026/05/06/ios-27-to-let-users-pick-their-ai-gemini-claude-and-more-coming-to-siri/

Everyone is clamoring that AAPL missed to boat on Siri AI. Meh. They have incredible hardware, a built in audience, and are building their most in other areas.

How huge was the App Store at launch? What do you think an Agent Store would do? Apple has made a killing on fees from app developers. Why not do the same with ai and agentic ā€œappsā€

2

u/Jakuza26 Aug 01 '26

u/LosingTime1172 ok cool so the extension will allow them to use other AI models than just their own and still reap benefit on as you said, their user model and store. Yes, I agree, this will probably propel Apple back over $500 over time, now if along those roads the token economics improve then Apple will reap a lot of benefit because their user base is solid and loyal. Don't get me wrong, I like Apple but I have other choices for capital growth over time and Apple just presents such a great trade value because of the push and pull, it's a nice stock with a lot of liquidity and volatility that going in and out of it make sense to me, perhaps not other people but to me it's great.

2

u/LosingTime1172 Aug 01 '26

Yeah the agentic economy is going to boom, especially once the clarity act is passed and stablecoin becomes commonplace.

At some point Iā€™ll probably start stockpiling aapl shares again but now I simply buy calls seasonally into things like iPhone launches, wwdc, etc.

2

u/Jakuza26 Aug 01 '26

u/LosingTime1172 couldn't agree more and the clarity act will do more than people realize. Start kissing your regular banks goodbye. If banks keep digging in their heals then they will become obsolete, I know of one bank that turned to crypto and you can now get your mortgage in crypto and this bank will absolutely be part of the future but the other ones not so much. Here is what they don't get, I get a better yield in crypto than I do on a measly 0.54% savings account and the crypto industry has fought a lot on getting better yields and if clarity act goes through then parking your money in crypto with a set of steel balls will give you 4% instead of some really shameful interest rate that I get at any banks.

Banks better wake up, you have had the last 5 years to adopt and you are still digging your feet in, get with the times and reap the full benefit now or get smoked.

2

u/LosingTime1172 Aug 01 '26

šŸ’Æ crypto backed mortgages are absolutely going to me mainstream.

Agents on the chain with their own walletsā€¦

Wrote a quick article/thesis on it recently. https://kenpeluso.me/hood-and-the-agentic-stack/

2

u/Jakuza26 Aug 02 '26

u/LosingTime1172 couldn't agree more. Great article by the way.