09-27-2024, 09:55 AM
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It a curious thing that Apple NASDAQ: AAPL , which was recently ranked by Forbes magazine as the number one consumer brand in the world, trades at a discount to the broad market, but it does. That because many analysts and investors continue to view Apple as nothing but a hardware company that sells a commodity product smartphones.While it true that iPhone uni stanley thermosflasche ts sales have been declining in the past year, to focus only on the iPhone ignores the great strides stanley mugs the company has made with the iWatch, other accessories, and Apple growing services seg stanley water bottle ment, which boasts over 420 million subscriptions and grew 18% in constant currency last quarter.Unfortunately, one Goldman Sachs NYSE: GS č˝analyst continues to take a limited view of Apple, ascribing a below-market multiple to this tech blue chip. When analysts have a certain view on a stock, they may tend to look for stories or new angles that reinforce that view. Unfortunately for Apple shareholders, t
iPhone juggernaut Apple NASDAQ:AAPL has been making headlines of late stanley cup following news that the behemoth acquired a Waterloo-based a stanley cups rtificial intelligence AI company named Darwin AI. The intriguing startup is in the business of making AI software to automate the visual inspection of products during the manufacturing process. Indeed, Apple could certainly benefit from such a technology as it aims to improve the quality of every product it creates.Undoubtedly, the move shined a bright light on Canada tech scene, which seems to be full of incredible innovations that are under the radar of most investors out there. Indeed, when it comes to tech, more specifically generative AI tech, it the U.S. market that gets most of the love. There are plenty of hot startups and mega-cap heavyweights that are innovating in AI. That said, Canada AI and tech scene doesn ;t get as much respect. Undoubtedly, D stanley cups uk arwin isn ;t the only AI acquisition that Apple has made in rec Oboo Inflate Your Portfolio With Canadian Tire Corporation Limited
It a curious thing that Apple NASDAQ: AAPL , which was recently ranked by Forbes magazine as the number one consumer brand in the world, trades at a discount to the broad market, but it does. That because many analysts and investors continue to view Apple as nothing but a hardware company that sells a commodity product smartphones.While it true that iPhone uni stanley thermosflasche ts sales have been declining in the past year, to focus only on the iPhone ignores the great strides stanley mugs the company has made with the iWatch, other accessories, and Apple growing services seg stanley water bottle ment, which boasts over 420 million subscriptions and grew 18% in constant currency last quarter.Unfortunately, one Goldman Sachs NYSE: GS č˝analyst continues to take a limited view of Apple, ascribing a below-market multiple to this tech blue chip. When analysts have a certain view on a stock, they may tend to look for stories or new angles that reinforce that view. Unfortunately for Apple shareholders, t
