Unleashing Apple’s Potentially Lucrative Future in AI Unleashing Apple’s Potentially Lucrative Future in AI

Written By Michael Gary Scott

Apple (NASDAQ: AAPL) endured a sluggish start in the early part of the year, with its shares tapering off by 12% in May. Amidst diminishing product sales, adverse market conditions, and an uncertain foothold in the burgeoning artificial intelligence (AI) sector, investor confidence waned.

However, the tech behemoth has orchestrated a remarkable turnaround since then, with its stock surging by 34% since May 1. Apple reclaimed Wall Street’s favor by surpassing expectations in its third quarter of 2024 and teasing a promising AI future. In Q3 of 2024 (ending on June 29), the company witnessed a 5% year-over-year revenue surge, surpassing analysts’ projections by $1.4 billion. The quarter reaped the benefits of a 24% uptick in iPad sales and a 14% rise in services revenue.

Apple’s Foray into AI:

Apple is primed to make a substantial foray into the AI domain with the imminent release of its iPhone 16 in September and the introduction of Apple Intelligence — a transformative overhaul of its operating systems.

The stock of Apple has ascended over a staggering 177,000% since its IPO in 1980, riding on the success of groundbreaking products like the inaugural iPhone. The company’s astronomical ascent might leave some analysts pondering the extent of its potential stock growth. Yet, Apple stands at the threshold of a new epoch with AI and could reap significant rewards as its technology matures.

Here’s why Apple could be the ticket to a millionaire’s retirement with astute investment.

Potential Shift in Apple’s Product Lineup:

Apple recently announced the date for its much-awaited iPhone keynote, slated for September 9, publicized with the tagline “It’s Glowtime,” likely a nod to its AI-centric theme.

The company has escalated its AI venture this year, unveiling Apple Intelligence in June and now gearing up for the iPhone 16 launch. The upcoming smartphone will mark Apple’s maiden venture tailored with AI at its core, with the company pouring billions into the initiative. Apple’s research and development (R&D) spend hit $8 billion in 2024, reflecting a 10% surge from the previous year.

While the hefty investment in AI might raise eyebrows among investors, it also beckons the question: What innovative marvel does Apple hold in reserve? Apple is not typically the pioneer in an industry but is renowned for its gradual market entry strategy, followed by a swift ascent to dominance.

Apple’s free cash flow soared to $104 billion in 2024, indicating its capacity to sustain AI investments and bridge the gap to its competitors. Hence, the present moment could offer an opportune time for investment before Apple’s stock takes flight over the ensuing decades.

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Diversified Monetization Avenues for its AI Initiatives:

While companies like Microsoft, Amazon, and Alphabet predominantly focus on the business realm of AI, channeling massive investments into their respective cloud platforms, Apple stands poised to seize the consumer sector. Driven by the popularity of its range of products and the potential to incorporate paid AI services into its portfolio of digital subscription platforms, Apple could carve out a profitable niche in the domain.

Over the past five years, services revenue growth at Apple has markedly outstripped all other segments, as evidenced in the chart above. Services are set to outpace iPhone sales in total revenue, becoming the company’s top-earning sector; an AI makeover of its offerings could fuel a surge in product upgrades, while innovative services could drive sustained revenue generation for Apple.

Apple’s earnings are forecasted to breach $8 per share by fiscal 2026. Multiplying this figure by its forward price-to-earnings (P/E) ratio of 34 yields a share price of $285, projecting a 25% stock growth in the subsequent two fiscal years. Consequently, retaining shares over a decade or two could propel a substantial investment portfolio past the million-dollar milestone by retirement.

Apple harbors immense potential and stands as an enticing prospect for investors with a long-term outlook.

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An Exciting Journey Ahead: Genprex’s Participation at Inspiring Investor and Industry Gatherings

Pioneering the Future of Gene Therapies in Cancer and Diabetes

Genprex, the clinical-stage gene therapy company, is gearing up for an insightful showcase at the upcoming September investor and industry conferences. As the curtains rise on this exciting stage, Genprex plans to dazzle attendees with a glimpse into its cutting-edge gene therapies designed to revolutionize the treatment landscape for cancer and diabetes.

A Preview of the Events

Mark your calendars for Genprex’s participation in two key events this month. The stage is set, the spotlight is waiting – will you be there to witness the magic unfold?

The H.C. Wainwright 26th Annual Global Investment Conference

From , Genprex’s President and Chief Executive Officer, Ryan Confer, will be taking center stage in the virtual realm. A presentation brimming with insights on the company’s gene therapies for cancer and diabetes will be available on-demand from . Confer’s virtual presence promises to captivate audiences, offering a unique opportunity for investors to delve deep into Genprex’s world of innovative treatments.

Chardan’s 8th Annual Genetic Medicines Conference

For the in-person aficionados, the Westin Grand Central in New York, NY, will play host to Genprex’s Senior Vice President of Intellectual Property and Licensing, Thomas Gallagher, on and . Gallagher’s presence promises engaging interactions with attendees, providing a firsthand glimpse into Genprex’s remarkable strides in the field of genetic medicines.

Unveiling the Future of Treatment

With a focus on developing life-altering therapies for cancer and diabetes, Genprex’s innovative technologies are primed to usher in a new era of hope for patients with limited treatment options. Collaborating with esteemed institutions, the company is at the forefront of harnessing the power of gene therapy to cater to a broad patient base eagerly awaiting novel treatment approaches.

Genprex’s cutting-edge oncology program utilizes the Oncoprex® Delivery System, a non-viral platform that encapsulates gene-expressing plasmids within lipid-based nanoparticles. This ingenious system, administered intravenously, propels tumor cells to express vital tumor suppressor proteins, effectively targeting deficiencies within the tumor.

The Company’s lead product candidate, Reqorsa® Gene Therapy, is currently undergoing evaluation in clinical trials targeting Non-Small Cell Lung Cancer (NSCLC) and Small Cell Lung Cancer (SCLC). With FDA Fast Track Designations under its belt, Genprex’s lung cancer programs are making waves in the treatment landscape, redefining standards and ushering in a new dawn of hope for patients.

But the story doesn’t end there. Genprex’s foray into diabetes gene therapy unfolds a novel infusion process. By employing an AAV vector to deliver Pdx1 and MafA genes directly to the pancreas, the company’s GPX-002 treatment promises transformative results. The treatment aims to rejuvenate and replenish beta cells, offering potential respite to patients grappling with Type 1 and Type 2 diabetes.

Embracing the Future Together

As Genprex paves the way for groundbreaking advancements in gene therapy, investors and stakeholders are invited to join this transformative journey. By engaging with the Company through press releases, industry updates, and social media channels, individuals can stay abreast of Genprex’s trailblazing initiatives.

Excitement is in the air as Genprex prepares to enlighten, engage, and inspire at the upcoming conferences. Are you ready to be part of this extraordinary voyage into the future of gene therapies? The stage is set, the lights are dimming – it’s time to witness history in the making.