AAPL is entering a multi-year AI-driven hardware upgrade supercycle anchored by Apple Intelligence, a redesigned Siri, and an aggressive chip roadmap (M5 Ultra through M7), with the stock currently trading ~6.5% below its June 2 all-time high of ~$315 — offering an attractive entry point ahead of fall 2026 iPhone and Mac launches that will commercialize these AI features. The $100 billion buyback program provides EPS support while price increases across the product lineup structurally expand margins, and the stock's recovery above $290 signals the June correction is exhausted. Entering now at $294.38 captures the inflection between post-WWDC consolidation and the upcoming product cycle catalyst window.