'Positive' on Apple, RBC Capital's Muller Says

The video discusses Apple's stock price target, which has been raised to $358 due to positive guidance and share buybacks. The upcoming 5G release is expected to drive a long-term upgrade cycle, potentially boosting the iPhone business. Additionally, Apple's cash position, with over $116 billion in net cash, is analyzed. The company is expected to continue its significant share buyback strategy, which supports its EPS and market position. Acquisitions are possible, but buybacks remain a priority.

What is the new price target set for Apple stock?

• $358

• $300

• $500

• $400

What major technological advancement is expected to drive a long-term upgrade cycle for Apple?

• 5G Technology

• Blockchain

• Virtual Reality

• Artificial Intelligence

What is Apple's net cash position as mentioned in the video?

• $200 billion

• $150 billion

• $116 billion

• $100 billion

How much does Apple plan to spend annually on share buybacks?

• $90 billion

• $70-80 billion

• $60 billion

• $50 billion

What is one of the benefits of Apple's share buyback program?

• Increased market competition

• Reduced product costs

• Improved earnings per share

• Higher average selling price