AAPL -- $Three-Trillion Is A Hard Nut To Crack -- June 3, 2024

Locator: 48046AAPL.

Apple is playing the "long game." I'm thinking about the news that came out of Spotify today. Raising its prices again, twice in one year. Apple is now significantly less expensive than Spotify.

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For The Archives

We talked about this (the following) over the weekend. 

Posting it for the archives, leading up to WWDC next week.

AAPL needs to hit $195.33 to hit $3-trillion market cap again.

• (195.33-194.08) / 194.08 = 0.00644 = 0.644% to get to $3-trillion market cap.
• (200 - 194.08) / 194.08 = 0.0305 = 3.05% to get to $200 / share.

Meanwhile, NVDA:

$Three-trillion is a hard nut to crack.