20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
A new rumor suggests that Apple Inc. (NASDAQ:AAPL) is planning to launch its largest iMac Pro to date, a 32-inch model, in late 2024.
What Happened: In his latest “Power On” newsletter for Bloomberg, Mark Gurman has hinted at the arrival of Apple’s long-awaited large-screen iMac. This news surfaces following the discontinuation of the iMac Pro and the introduction of the 24-inch iMac.
Although Apple had initially intended to release this larger model shortly after the 24-inch version, the plans were abruptly put on hold for reasons that remain undisclosed.
Gurman now anticipates that the larger model is “still poised” for a launch, possibly by late 2024 or 2025. This model, with a 32-inch display, would be the largest in Apple’s lineup. This aligns with previous predictions from analyst Ming-Chi Kuo, who projected a “higher-end 32-inch mini LED display iMac” making its debut in 2025.
The exact features of this model are as yet undetermined, but it’s speculated that it could be outfitted with a variant of the M3 processor and catered towards the “pro” audience rather than the general consumer base.
Why It Matters: Apple’s move to bring forth a larger iMac comes in the wake of the company’s decision to retire the iMac Pro, as reported by Bloomberg. This new offering in the iMac lineup could potentially cater to the needs of professionals who require larger and more powerful computers for their work.
Furthermore, the rumored 32-inch iMac Pro could also help Apple solidify its position in the market against competitors offering large, high-performance desktop computers. Despite the lack of clarity on the specifics, this move by Apple indicates the company’s ongoing commitment to developing and introducing innovative products that cater to a broad range of consumers.
Image Credits – Shutterstock
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20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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