Hedge funds accumulating positions point to the "aapl stock forecast 2030" as an opportunity tied closely to Apple’s AI and silicon leadership in consumer electronics. Is any concern more important to the global AI race than Nvidia (NASDAQ: NVDA )? The company supplies roughly three-quarters (75%) of all the microchips and processors that enable AI applications and models worldwide. This has led to cataclysmic growth at the chipmaker, sending its stock skyrocketing. So far in 2024, NVDA stock is up 160%. The share price continued to rally after Nvidia completed a 10-for-1 stock split. Apple's strategic shift toward services has dramatically improved its revenue predictability and profit margins. Services generate gross margins exceeding 70% , significantly higher than the company's hardware segment at approximately 35%. This transformation toward higher-margin, recurring revenue streams has been a key factor in Apple's expanding valuation multiples over the past five years, with the company's price-to-earnings ratio rising from the mid-teens to the high twenties. Technical analysts charting long-term trends see the "aapl stock forecast 2030" benefiting from an extended megacap growth cycle, with support levels rising each fiscal year.