Apple

Apple become first $3 Trillion company:

010322f.gif
 
Not even the mighty AAPL with their cult following and pricing power is immune to a bear market. With shares down more than 20% yesterday and slight bounce today, a market turn won't be happening with this one down.
 
Do you really think people are going to wear those more than a few times to try it out? I just don't see it having anywhere near the impact the iPod or iPhone did. Gamers are addicted to screens and all they could muster was a few hours. Even when more options become available, I still don't see this widely adopted.

The typical virtual reality (VR) headset owner spends only about 6 hours a month using their device, according to a new IDC Report. One of the top use cases for VR continues to be gaming.

https://variety.com/2019/digital/news/vr-headsets-6-hours-a-month-1203211063/
 
Apple was down sharply after reporting earnings last night, now it's up almost 4% this morning. What happened?

This is likely why stocks reversed higher. Amazon is still down over 4%, and and GOOG is also down, so Apple continues to be the market leader.
 
Apple is getting its full foot in the financial sector. The tech company now considers itself a competitive bank. Today, April 17th, Apple now offers a savings account with a competitive 4.15% Annual Percentage Yield. That is not the best but it is definitely not the worst.

It is a yield close to what the G-fund is on track to yield for 2023. The G-fund has yielded 3.54% since this time last year.

This might sound appetizing to investors, although Apple was flat on the day the day of the launch, as its another space for this American powerhouse to expand. It is a trusted name and may provide a sense of safety for those uneasy about where to keep their money lately.

But my initial reaction as a consumer was a little uneasy. I own and use an iPhone and MacBook. Apple already has more information about me than I am aware and I'm uneasy about giving them more. Should we be wary of these tech giants or should we feel they are the safest choice with the sufficient recourses to keep our information and now money safe? For now I am not in any hurry to sign up.

Any thoughts from other Apple users?


[h=1]Apple Makes the iPhone a Home for Savings Accounts[/h]

 
Hmmmm....I feel kind of like you in the sense of Big Tech having so much of my information. But I suppose they already do regardless of where I put my money. Just wondering, is this FDIC insured like any bank? I'm assuming it is but I haven't looked into it.
 
Hmmmm....I feel kind of like you in the sense of Big Tech having so much of my information. But I suppose they already do regardless of where I put my money. Just wondering, is this FDIC insured like any bank? I'm assuming it is but I haven't looked into it.

Very true, what don't they already know? Yes, deposits will be FDIC insured.

My hesitation also comes from my question of the philosophical responsibility of consumers. Does a responsible consumer consciously diversify their dollar, or do you simply put your money towards the best product to promote innovation at the potential consequence of enriching a monopoly?
 
Great looking breakout from the huge bull flag, but when is enough, enough? The largest company in the world has gone from $35 to $194 3.5 years - which includes two bear markets. How fast can a $3 trillion company grow?

tsp-063023b.gif
 
Great looking breakout from the huge bull flag, but when is enough, enough? The largest company in the world has gone from $35 to $194 3.5 years - which includes two bear markets. How fast can a $3 trillion company grow?

tsp-063023b.gif

I've got stock. Keep going.
 
Wow! Talk about an important pivot point for Apple, and maybe the stock market in general...

The last big gap that was filled turned out to be the peak of the relief rally.

tsp-101223d.gif
 
Back
Top