Apple Rose Four Times More Than the S&P 500 This Year

The video discusses the impact of Apple's stock on the market, highlighting a 37% return despite advice from money managers to avoid it. It emphasizes Apple's significant role in the S&P rally and its influence on the NASDAQ. The transcript also covers incorrect market predictions about interest rates and questions the rationale behind betting against Apple. Finally, it speculates on Apple's future, including the potential success of the Apple Watch.

What was the significant interest rate change mentioned in the text?

What potential future product of Apple is mentioned as possibly being the next big thing?