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Episode 102 | Apple’s New Foldable Phone and Future Under John Ternus
In Episode 102 of “Market News with Rodney Lake,” Rodney Lake takes a look at Apple following the release of the iPhone 18 and Apple’s new folding phone, while also examining the company’s transition from Tim Cook to new CEO John Ternus. He explores Apple’s strong $466 billion in trailing 12-month revenue, profitability, $136 billion in free cash flow, ecosystem, pricing power, and approach to AI, including its relatively modest capital expenditures compared with other Magnificent Seven companies. Lake also considers Apple’s nearly 38x forward P/E and net cash position before assessing the…
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