Year: 2023

Barrons: Apple Is Worth Nearly $3 Trillion

Tech giant Apple was inching toward a market-cap milestone in trading Wednesday.

Apple (ticker: AAPL) shares hit another record at the close Tuesday of $188.06, the stock’s fifth record for the year. If Apple closes at or above $190.73 on Wednesday, the iPhone maker officially will have a market cap of $3 trillion.

Shares of Apple were rising 0.4% to $188.77 in early trading Wednesday.

Apple’s stock has been on a roll, surging 45% in 2023. Investors have bought up shares of the company along with other tech companies amid excitement around the future of artificial intelligence. Traders also have been buying up the stock following new product announcements, including the highly anticipated Vision Pro headset.
“This product and application build out could be another tailwind to Services revenue in FY25 as more consumers start to make the path down the mixed reality headset with Apple as Vision Pro price points start to come down markedly in FY25,” Wedbush analyst and long-time Apple bull, Dan Ives, wrote in a research note Wednesday. He rates Apple stock at Outperform with a $220 price target.

Ives believes Apple’s annual services revenue, which includes the App Store and Apple Music, can hit $100 billion in fiscal 2024. Services revenue in 2022 was $78.1 billion.
“Herein lies the key to the valuation rerating that we believe will continue to take place around Apple’s stock as the Street further appreciates the sheer massive potential of this services revenue,” Ives said. “… We believe Apple’s fair valuation could be in the $3.5 trillion range with a bull case $4 trillion valuation by FY25.”

Via: Barron's

Pluto TV adding 100’s of Movies starting in July, 2023

Pluto TV has announced it will be adding more movies to its on-demand library.

These movies are:

    • Indiana Jones and the Raiders of the Lost Ark
    • Indiana Jones and the Temple of Doom
    • Indiana Jones and the Last Crusade
    • Indiana Jones and the Kingdom of the Crystal Skull
    • Titanic
    • Gladiator
    • Pain & Gain
    • Crawl
    • Transformers: Dark of the Moon
    • Ferris Bueller’s Day Off
    • Four Brothers
    • The Gambler (2014)
    • Bridget Jones’s Diary
    • Runaway Bride
    • Star Trek Beyond
    • Clear and Present Danger
    • Selma
    • The Fugitive
    • Poltergeist
    • Magnolia
    • The Fifth Element
    • Made of Honor
    • Sleepless
    • Runaway Jury
    • I Love You Phillip Morris
    • Machine Gun Preacher
    • Oculus
    • Almost Famous
    • Basic Instinct
    • Downsizing
    • The Fighter
    • Ghost in the Shell (2017)
    • Hansel & Gretel: Witch Hunters
    • The Island
    • Minority Report
    • Teenage Mutant Ninja Turtles: Out of the Shadows
    • Terminator Genysis
    • Tropic Thunder
    • The Kings of Summer
    • The Aviator
    • The Crow
    • Fresh
    • The Yards
    • Sicario
    • 3:10 to Yuma (2007)
    • Criminal (2016)
    • Mission: Impossible
    • Mission: Impossible II
    • Mission: Impossible III
    • Mission: Impossible – Ghost Protocol
    • Top Gun
    • Forrest Gump
    • Saving Private Ryan
    • Terminator Genysis
    • Old School
    • Anchorman: The Legend of Ron Burgundy
    • The Fighting Temptations
    • Good Burger
    • Boomerang
    • Harlem Nights
    • Clue
    • Demolition Man
    • Tango & Cash
    • Interview With the Vampire
    • Risky Business
    • Air Force One
    • Hancock
    • The Patriot
    • XXX
    • XXX: State of the Union
    • Sleepless
    • Final Destination 1-3
    • City Slickers
    • Two If By Sea
    • I Love You Phillip Morris
    • Machine Gun Preacher
    • Oculus
    • The Raven
    • A.I.: Artificial Intelligence
    • Arrival
    • The Back-Up Plan
    • Beavis & Butt-Head Do America
    • The Curious Case of Benjamin Button
  • Gladiator
  • Shooter
  • World War Z
  • Transformers: Dark of the Moon
  • Teenage Mutant Ninja Turtles: Out of the Shadows
  • G.I. Joe: The Rise of Cobra
  • G.I. Joe: Retaliation
  • Coach Carter
  • How to Lose a Guy in 10 Days
  • School of Rock
  • Adventureland
  • Grease 2
  • The Truman Show
  • Good Burger
  • Boomerang
  • Harlem Nights
  • Risky Business
  • Mars Attacks!
  • Goodfellas
  • The Lost Boys
  • Misery
  • And So It Goes
  • Vehicle 19
  • Action Point
  • The Adventures of Tintin
  • The Brady Bunch Movie
  • A Very Brady Sequel
  • Dinner for Schmucks
  • Gambit (2012)
  • The Honeymooners (2005)
  • Inside Llewyn Davis
  • The Mechanic (2011)
  • Morning Glory
  • mother!
  • Overlord
  • Primal Fear
  • Salmon Fishing in the Yemen
  • Sweeney Todd: The Demon Barber of Fleet Street
  • The Terminal
  • War of the Worlds (2005)
  • Bad Santa 1 & 2
  • Lila and Eve
  • …and more!

Ontario man saved by Apple Watch Fall Detection

An Ontario, Canada man was saved by his Apple Watch when he fell and hit his head on the way down.  The fall rendered him unable to respond to the Apple Watch's fall detection alert. Because he didn't respond to the alert, the watch auto-dialed emergency services as well as his wife from a pre-determined emergency list that him and his family had set up beforehand.

Fall detection is a feature available on Apple Watch that can contact emergency services in the event of a bad fall, something an Ontario man learned firsthand on Friday.

When emergency help arrived, he was rushed to the emergency room in an ambulance and given seven stitches. Alexander Laserson thanks Apple for the technology that provided such a swift response to his fall.

"Without the Apple Watch, it is possible I would be dead by now," Laserson said. "The technology works."

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