社区

$Apple(AAPL)$

Apple need no introduction. The brand itself can already lure consumers and product can be price at a premium.

As one of the largest companies in the world, Apple is the pioneer of modern technology. It is because of Apple that we have the convenience of having the world at our fingertips. Founded in 1976, Apple is 45 years old this year. 

Apple Inc’s market cap is bigger than the GDP of 25 countries in the world.

The revenue generated by Apple is more than the GDP Ecuador, Libya, Iraq & many other countries.

Some fun fact, it is easier to get into Harvard University than getting a job at the Apple Store.

In 2009, Apple announced that over 10,000 people applied for a job in a new Apple store in Manchester, of which only over 200 people got jobs – an astounding 2%. In comparison, Harvard had an acceptance rate of 7% the previous year.

Apple shares closed down slightly negative Thursday, paring back losses of as much as 3% following a report about weakening iPhone demand heading into the holidays.

The current quarter marks the first full quarter that Apple's new iPhone model, the iPhone 13, will be available. Apple also introduced other new products ahead of the holiday shopping season, including a new version of AirPods and a redesigned MacBook Pro. But the iPhone remains Apple's most profitable product, so any signs of weakening demand going into the holidays are sure to send the company's shares lower.

CEO Tim Cook said that this fall that he expects revenue growth for the quarter but also caution that supply constraints will cost the company at least $6 billion in missed revenue

Regardless, such comment will surely cause knee jerk reaction to the stock price. With Omicron, Fed interest rate always the hot topic in the next few weeks or months, those can potentially give us buying opportunity in shares of this Great Company.

The brand itself is inflation proof to me@Tiger Stars

Thanks for reading