Will$AAPL-4.2% continue to fall or will it go back up? A new IPhone is about to hit the shelves, so that could send the stock back up.
Apple
AAPLMarket Cap
2.9T
P/E
29.87
Div. Yield
0.53%
EV
2.9T
P/S
7.23
Payout
15.88%
Will$AAPL-4.2% continue to fall or will it go back up? A new IPhone is about to hit the shelves, so that could send the stock back up.
Well, the last Iphone announcement didn't really shoot up the stock and what I think and what is expected is that the 15 will be iphone 14 again with just a few extra improvements, so I wouldn't count on the Iphone, it would have to be a really ultra bomb :D
I have shares of $AAPL-4.2%, but I'm terribly sorry I didn't buy more. However, the stock makes me happy and it's quite possible that the new Iphone could send the stock up.
You already know my opinion :-D
If Apple has the need to churn out a new phone every now and then, hopefully sony and tsmc subcontractors will at least make a decent profit on it at much better valuations. Apple is priced for a flawless scenario, anything else will be a disappointment and the backlash will follow.
Not expecting much interest in new IPhones right now, on the one hand I'm not surprised, I love Apple, I have enough of them, but to buy a new phone every year seems pointless to me.