MUTED REACTION ON APPLE

16 de set.

The first interest rate cut of the cycle is finally here, we will find out what the Fed decides on Wednesday and there is a growing feeling that a 50 basis point is adjacement is possible. Whe. it comes to APPLE ,Apple Inc. (AAPL) is experiencing a mix of factors influencing its stock performance in September 2024. The company’s recent product launches, particularly the iPhone 16 and AI-powered features, were met with muted market reactions, as we await for sales data to gauge consumer demand. Despite this, many investors remain optimistic about Apple’s long-term prospects.

This stock is a moderate buy in a long term. However, challenges like weaker-than-expected consumer electronics demand and global macroeconomic factors could impact its performance in the near term .

We are also keeping an eye on Apple’s expansion into healthcare, as its AirPods received FDA approval to serve as over-the-counter hearing aids, which could open up a new market . Additionally, concerns about Apple’s reliance on Chinese manufacturing and the potential impact of ongoing geopolitical issues may affect investor sentiment moving forward .