Apple's Record Valuation: Is It Time to Fade the Rally?

The video discusses the excitement surrounding the iPhone 6, which continues to drive Apple's stock higher due to strong demand. It explores potential future products like the Apple Watch and mobile payment systems, highlighting Apple's innovation pipeline. The discussion also covers profit margins, share buybacks, and the impact of the Beats acquisition. Finally, it forecasts record holiday sales for Apple, noting that production capacity may limit supply, potentially benefiting future quarters.

What factors are contributing to the excitement over the iPhone 6?

What are some potential product categories that Apple might explore in the future?

How do higher capacity phones affect Apple's profit margins?

What is the expected impact of holiday sales on Apple's production capabilities?

What challenges might Apple face in meeting the demand for their products?