Apple's Record Valuation: Is It Time to Fade the Rally?

The video discusses the excitement surrounding the iPhone 6, which continues to drive Apple's stock higher due to strong demand. It explores potential future products like the Apple Watch and mobile payment systems, highlighting Apple's innovation pipeline. The discussion also covers profit margins, share buybacks, and the impact of the Beats acquisition. Finally, it forecasts record holiday sales for Apple, noting that production capacity may limit supply, potentially benefiting future quarters.

What is one of the main factors driving Apple's stock higher according to the discussion?

• The launch of Apple TV

• The release of a new iPad

• The excitement over iPhone 6

• A new partnership with Google

What upcoming product is expected to contribute to Apple's incremental earnings?

• Apple Watch

• Apple HomePod

• Apple Car

• Apple Glasses

Which product category is primarily responsible for driving Apple's profit margins?

• iPhones

• MacBooks

• Apple Watches

• iPads

What significant acquisition did Apple make, as mentioned in the discussion?

• Spotify

• Netflix

• Beats

• Tesla

What is the expected number of phones Apple aims to sell during the holiday season?

• 55 million

• 50 million

• 62.5 million

• 70 million