苹果的iPhone Duo正在成为吉姆·克拉默预言的新增长引擎。在本周五Duo预购开始前的几天里，吉姆多次表示，苹果的首款折叠屏设备将成为畅销产品。他还批评投资者抛售股票。迄今为止，早期迹象显示Duo需求非常强劲。截至周一早上，俱乐部对苹果官网的检查显示，一款512GB存储容量、夜空色Duo的最早预计交付日期为1月25日，即超过三个月后。
Apple's iPhone Duo is shaping up to be the new growth engine that Jim Cramer predicted it would be. In the days leading up to Duo preorders this past Friday, Jim said many times that Apple's first foldable device would be a blockbuster. He also called out investors for selling off shares. So far, early indications suggest very strong demand for the Duo. As of Monday morning, the Club's check of Apple's website showed that the earliest estimated delivery date for a Night Sky-colored Duo with 512GB of storage is Jan. 25, or more than three months away.
该手机本周五开始在店内销售。这种早期需求对吉姆来说是一个鼓舞人心的信号，他自上个月在纽约苹果旗舰店预览Duo以来就一直印象深刻，迫不及待想买一部。“当我玩它的时候，我惊叹不已，脑子里只想着在Duo上看NFL周日票，”吉姆周一表示。“这块屏幕很有革命性——没有接缝。这种外形非常适合观看。”华尔街也注意到了这一点。
The phone becomes available in stores this coming Friday. This early demand is an encouraging signal for Jim, who has been impressed with the Duo since previewing it last month at Apple's flagship store in New York and can't wait to buy one. "When I played with it, I was blown away, and all I could think about was watching the NFL Sunday Ticket on my Duo," Jim said Monday. "This screen is revolutionary — no seam. The form factor is perfect for watching." Wall Street has taken notice, too.
摩根士丹利周五晚间报告称，全球14周平均预购提前量创下纪录。“这是我们过去10年追踪的任何iPhone型号中最长的，”分析师在给客户的报告中写道。据分析师称，这一里程碑既凸显了早期需求，也凸显了供应有限。相比之下，根据摩根士丹利的数据，iPhone 18 Pro机型的提前量同比下降。正如俱乐部投资组合总监杰夫·马克斯周五所指出的，Duo开局强劲是个好迹象，因为正如摩根士丹利分析师所指出的，18系列不够强劲。
Morgan Stanley reported late Friday that the global 14-week average preorder lead time was a record. "[It is] the longest of any iPhone model we've tracked in the last 10 years," analysts wrote in a note to clients. According to the analysts, the milestone highlights both early demand and limited supply. By contrast, lead times for the iPhone 18 Pro models are lower year over year, according to Morgan Stanley. As Club portfolio director Jeff Marks pointed out Friday, it is a good sign that the Duo has gotten off to a rip-roaring start because, as Morgan Stanley analysts noted, the 18 is not as strong.
杰夫说：“请记住，18系列可能不够强劲的原因是，人们一直在等待Duo。”梅利斯研究周一跟进，将Duo列为苹果股价上涨至5万亿美元估值可以继续的几个原因之一。
Jeff said, "Remember, the reason why the 18 may not be as robust is because people have been waiting for the Duo." Melius Research followed up Monday, citing the Duo as one of several reasons that Apple's rally to a $5 trillion valuation can continue.
该股票上周三首次收于该阈值之上，成为第二家做到这一点的美国公司。同属“俱乐部”的英伟达是第一家。吉姆对两家公司都有“持有，不交易”的评级。“我们持有这个东西[Duo]并一直在使用——并且认为这是一个长期的利好，尤其是随着未来机型的摄像头不断改进，”梅利斯分析师本·赖特斯在周一给客户的备忘录中写道。
The stock closed above that threshold for the first time last Wednesday, making it the second U.S. company to do so. Fellow Club name Nvidia was the first. Jim has "own them, don't trade them" designations on both. "We have held this thing [the Duo] and used it — and see a hit here long-term, especially as the camera keeps improving in future models," Melius analyst Ben Reitzes wrote in a Monday note to clients.
赖特斯及其团队预计，苹果公司在2027财年可能至少销售1500万台Duo，平均售价在2000美元至3200美元之间，带来约400亿美元的收入，其中至少一半是增量收入。赖特斯补充道：“哎呀，短期内[Duo]的短缺甚至可能有助于iPhone 18 Pro和Max机型的销售。”除了Duo，梅利斯还认为苹果公司有机会从更广泛的iPhone产品线的更高售价中受益。
Reitzes and his team estimate that Apple could sell at least 15 million Duo units at average selling prices ranging between $2,000 and $3,200 in fiscal year 2027, generating approximately $40 billion in revenue, with at least half of that number being incremental. Reitzes added, "Heck, the near-term [Duo] shortage may help the sales of iPhone 18 Pros and Max models even." Beyond the Duo, Melius also sees an opportunity for Apple to benefit from higher selling prices across its broader iPhone lineup.
“我们看到，随着短缺缓解，iPhone收入增长接近20%的路径，这可能使苹果公司的每股收益增加大约[50美分][2027财年]，并使市盈率保持在当前水平，甚至更高。”赖特斯指出，他的预测大约是华尔街对2027财年iPhone收入增长10%的共识预期的两倍。梅利斯维持买入评级和370美元的目标价，但表示这“在11月2日财报公布后还有上涨空间”。
"We see a path toward closer to 20% iPhone revenue growth as shortages alleviate, which could add roughly [50 cents] to Apple's earnings per share [for fiscal 2027] and keep the multiple right where it is, if not higher." Reitzes noted that his forecast is roughly double Wall Street's consensus of iPhone revenue growth of 10% in fiscal 2027. Melius maintained a buy rating and $370 price target, but said this "has room to go higher coming out of earnings on November 2nd."
苹果公司将于当晚公布2026财年第四季度业绩。像我们一样，投资者将急于听取关于苹果即将到来的假日季度的任何评论，这是该公司2027财年的第一个季度。AAPL年内走势图 苹果年内走势图 苹果股价在1月20日触及每股约243美元的52周低点后，已攀升超过41%至目前每股约342美元的水平，仅略低于周五的历史高点收盘价。按年内计算，苹果股价上涨了近26%。
Apple will be reporting its fiscal 2026 fourth quarter that evening. Investors, like us, will be anxious to hear any commentary about Apple's upcoming holiday quarter, which is the first period of the company's 2027 fiscal year. AAPL YTD mountain Apple YTD After hitting a 52-week low of about $243 per share on Jan. 20, Apple shares have climbed over 41% to current levels around $342 each, which is only slightly below Friday's record-high close. On a year-to-date basis, Apple shares are up nearly 26%.
虽然大部分涨幅出现在前首席执行官蒂姆·库克掌舵期间，但自约翰·特纳斯于9月1日接任以来，股价继续上涨。当前的iPhone推出是在库克任期内启动的，但特纳斯作为苹果硬件主管也一直在场。特纳斯还受益于库克继续担任执行董事长。（吉姆·克莱默的慈善信托持有AAPL多头头寸。）
While most of that gain came with ex-CEO Tim Cook at the helm, shares have continued to move higher since John Ternus took over on Sept. 1. The current iPhone rollout was set in motion under Cook, but Ternus was right there as Apple's hardware chief. Ternus also has the benefit of Cook sticking around as executive chairman. (Jim Cramer's Charitable Trust is long AAPL. )