Apple Inc. (AAPL)’s Super Cycle Will Sky Rocket Its Valuation: Brian White

The phenomena that has been driving Apple Inc. (NASDAQ:AAPL)‘s stock price is called what Brian White, analyst at Cantor Fitzgerald, referred to as Super Cycle in an interview on Bloomberg.

If you are wondering whether it is a good time to jump in on the Apple band wagon, or is too late, considering that some of the hedge funds have already rolled down their positions in the tech giant, apparently the ride has just started, according to White.

“[…]The stock is very very cheap and we are entering a super cycle. We only get these every 4 or 5 years, and that is very exciting to me,” remarked White.

He expanded on this super cycle phenomena, which Apple Inc. (NASDAQ:AAPL) is currently experiencing, and since the major component of it, namely the Apple Watch still hasn’t hit the shelves in the market, even greater things could be in store for the company in future.

“New product category opens up. So, this time, you know, Apple Watch is obviously part of that. That is the biggest part, a totally new product category. They did enter the Phablet market, so I would call that a mini new product category, and we have Apple Pay, but it’s really driven by the Apple Watch and a huge refresh around the iPhone 6 and iPhone 6 Plus […],” said White.

There is a flip side to this too. Given that Apple Inc. (NASDAQ:AAPL)’s Watch is indeed the driving force behind the company’s valuation, a lot of it could be just speculation. It is not exactly a revolutionary product and has quite a few pit falls. For example, at a time when bigger screens are in vogue, as exemplified by the iPhone 6’s sales figures, the smaller screen of the watch might not garner a lot of traction.

Moreover, the watch isn’t very cheap either, and hence therein lies the question that will Apple Inc. (NASDAQ:AAPL) be able to convince customers to pay a hefty price for a product that isn’t exactly going to revolutionize their lifestyle like the iPhones did.

Free Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks

Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.