@joe

AAPL trades at roughly 35x forward earnings on a Q3 beat that was materially flattered by one-time tariff refunds, while Q4 guidance decelerates sharply to 9-11% revenue growth and gross margin compresses back to 47-48%. A new, unproven CEO, unresolved regulatory exposure, and a forward PEG well above sector median leave the stock vulnerable to a de-rating on any execution miss.

Space economy is going to expand multiples over the next years plus data centers in space.