1125 N. Charles St, Baltimore, MD 21201. The company's iPhone trade-in program provides it with used devices that can be re-sold, typically in emerging markets for a fraction of the price of new iPhones. That's not necessarily unusual, though. What's the game plan for Apple? In other words, iPhone 12 may end up being a bullish catalyst for AAPL stock, but the positive catalyst may not play out until around a year from now. node.dataset.value : node.getAttribute('data-value'); if (selectedValue) { for (var j = 0; j < node.options.length; j++) { if(node.options[j].value === selectedValue) { node.options[j].selected = 'selected';break;}}}}}, Do Not Sell My Personal Information (CA Residents Only). Despite the record-breaking market cap, Apple could generate enough growth to keep investors looking for high returns. Wayne Duggan has been a U.S. News & World Report Investing contributor since 2016 and is a staff writer at Benzinga, where he has written more than 7,000 articles. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Between the lower-priced iPhone SE and the forthcoming 5G iPhone, existing Apple device owners have growing incentives to upgrade old devices, growing the trade-in program. @themotleyfool #stocks $AAPL, Why Apple's iPhone 12 Could Be a Runaway Hit, iPhone Sales Will Get a Boost From Carriers This Year, Apple's New iPhone 12 Lineup Could Be Less Profitable, The Apple TV App Continues to Expand Outside of Apple Hardware, Copyright, Trademark and Patent Information. The company's fiscal third-quarter results, released last week, are arguably … Apple is at risk of falling victim to unreasonably high expectations and its own strong market performance in the near-term. And previous splits have been a hit with investors. Today's P/E is 33, versus its five-year average of 17. Ives cited the iPhone 12 and its 5G capabilities as a big reason for the continued growth. On the date of publication, Wayne Duggan held a long position in GOOGL. If you bought shares right before this latest big drop, remember: Investors who held through far bigger drops have been rewarded by simply holding on to their shares. Notice how the stock's 50-day moving average, in blue, closely matches its trend line, in black. But take a look at 2000's dot-com bubble implosion. Apple's stock price is up more than 50% year to date (through Sept. 21). Buying opportunities have repeatedly been created every time investors start to doubt the company’s growth and innovation. Now that the excitement over the Apple's earnings and stock split have passed, is it time to pick up some shares for a trade? When a stock exceeds the upper barrier of a bull channel, that's one signal that it's overbought. As Apple stock price shoots past the $500 per share mark, this buying spree has also taken Apple's valuation to levels not seen at any time in recent memory. Let's look at the company's stock-split history to find any clues and examine today's valuation and prospects. Has worked in media for 30 years. But in the near-term, I believe AAPL stock is more likely to fall, while Google’s shares are more likely to rise. Let's conquer your financial goals together...faster. Seems like a good opportunity to consider Apple. 1125 N. Charles St, Baltimore, MD 21201. Conversely, the quarters in 2005 and 2014 weren't as good, but the stock was about to take off. In fact, Apple’s price-earnings ratio, its price-sales ratio, its price-book ratio, its enterprise multiple and its price–cash flow ratio are all currently more than twice their five-year averages, according to Generation Portfolio Management CEO Randall Abramson.
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