Apple is a great company, but investors should be careful, analyst says

Shares of Apple (AAPL) are rising after the tech company announced that will execute a record $110 billion share buyback program. While once considered a part of the Magnificent Seven tech stocks, some analysts are beginning to sour on the tech giant after a lackluster 2024 performance thus far.
Rosenblatt Securities Managing Director Barton Crockett joins Catalysts to explain his bearish position behind Apple and why the iPhone maker will need to deliver more than a couple of announcements before changing his mind.
"They said that AI will be in all of their products. What matters is the details, and what matters is do they have a device in AI, a device that's compelling? It's one thing to say you have an AI device, it's another thing to deliver some use case that consumers want," Crockett affirms. "Our survey work would tell us that there is an appetite. Consumers are interested in AI capabilities. And you know, in their minds, conceptually, that can be a reason to buy hardware."
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[@R4dr1ar]

It's "weird" because most analysts are stupid and he is as well. It's insane to assume that Apple can't deliver better AI software than Samsung.

[@wolfboyz97]

Umm umm ummm

[@elderdragon5657]

ummm umm ... and ummm ummm and umm

[@KevinRodriguez-xx6fm]

😂😂😂😂

[@tbud3734]

They would be selling their car for 1billion$/piece. Rolls Royce would seem like peanuts. They shouldn't have abandoned it.

[@chuankityap6160]

Anybody who takes investment advice from these bozos will end up being poorer than their parents.

[@KevinRodriguez-xx6fm]

Ummmm ummmm ummmm ummmm ummmmm ummmmm ummmmm ummmm

[@frankcoffey]

Every new product Apple works on (car, VR, AI, etc) is a money pit and dud in the marketplace. There is nothing new that consumers require on phones and the only thing keeping them on Apple is the eco-system. Meanwhile things like the calendar application on the phones is horrible and not ever getting fixed. They have no insight into the basics and what customers really want. They don't ask and they don't care.

[@goldeneastgun]

Neutral is code for SELL!

[@user-yy9hk9od9u]

They need a new CEO.