One other 12 months, one other trillion-dollar milestone cruised previous by Apple (NASDAQ: AAPL), in what’s showing ever extra to be the little “fruit firm or one thing” that by no means slowed down.
However absolutely it’s bought to decelerate in some unspecified time in the future, proper?
Is it time to cease investing in Apple?
Okay, so technically, Apple is value simply $2.99 trillion as of yesterday’s market shut, but it surely did move the milestone on the primary day of buying and selling in 2022 and is on an upward trajectory — so like everybody’s favourite Marvel villain/meme topic, it appears inevitable.
However not like Marvel’s Thanos, Apple’s not prone to be diminished to mud any time quickly — and for readers who’re fully misplaced, don’t fear, that’s the final of the popular culture references on this piece. As an alternative, let’s concentrate on the issues that many are little question feeling at present:
Has Apple hit its ceiling?
If I might inform the longer term, you might make certain that this text can be coming from my very own personal South-Pacific island, not my mother and father’ spare room within the soggy Irish midlands! Nonetheless, it simply appears folly to rule out Apple.
Apple simply continues to defy the long-held narrative that development should gradual as soon as they grow to be Apple’s measurement. But the massive ol’ iPhone/Wearables/PC/Providers/TV chief continues to put up ridiculous numbers, with the primary three quarters of 2021 bringing in year-over-year income development of 54%, 36%, and 29%, respectively. That’s over $282 billion. And the figures from the vacation interval are shining some mild on the truth that this development has not slowed, regardless of the ever present and completely irritating “provide chain” excuse that I simply want we’d left in 2021.
Lately, bears have questioned if the iPhone might proceed to hold Apple, so it moved on to wearables and providers, with its sights additionally firmly set on the metaverse. The iPhone continues to be omnipresent in society but Apple’s different segments have additionally skyrocketed.
At $3 trillion, why do I get the sensation that Apple’s nonetheless solely getting began?