Apple Might Be Tempting Ahead Of Q4, But A Correction Is Coming

Oliver Rodzianko profile picture
Oliver Rodzianko
1.87K Followers
(12min)

Summary

  • Ahead of Apple's Q4 earnings, long-term investors should be cautious about expanding positions at current valuations.
  • Initial sales for iPhone 16/16 Plus are below expectations. However, pending Apple Intelligence deployment indicates potential for future growth.
  • While Apple's market cap may exceed $4T soon, this growth might not last. Long-term investors should hold their positions instead of buying more.
  • Long-term investors should watch for potential growth declines due to innovation challenges and a diversifying hardware market affecting Apple's performance.

Temptation

nelic/iStock via Getty Images

After covering Apple (NASDAQ:AAPL) in August and putting out a Buy rating related to short-term momentum factors from the upgrade supercycle, the stock gained 9% in price. I am returning to a long-term-oriented approach for this analysis, touching

This article was written by

Oliver Rodzianko profile picture
1.87K Followers
Oliver Rodzianko is an investment analyst specializing in the technology sector, with a focus on artificial intelligence, semiconductors, software, and renewable energy. He has earned a strong reputation on Seeking Alpha, where he is frequently featured in the platform’s "Must Reads." His work is also syndicated by GuruFocus to Forbes, expanding his visibility in the financial community. Oliver also occasionally writes for TipRanks, where he delivers deep, high-quality analysis for advanced readers. His research expertise combines traditional fundamental analysis with advanced proprietary data tools, with an investment philosophy rooted in value and growth-at-a-reasonable-price strategies. Increasingly, he focuses on small-cap and micro-cap companies. Oliver manages a private investment portfolio, prioritizing high-quality, undervalued businesses with sustainable growth potential and ethical business practices.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of TSLA, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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