What is the main strategy for Apple?

Steve Jobs is one of the most innovative individuals who changed our social interaction and behaviors around the world. Jobs was a cofounder of Apple. His style of micromanagement wasn’t helpful in his first stint at the company. However, his second chance proved to be special. One of my favorite phrase is “believe in your second chance”. What is the analysis of Apple? Here is the breakdown: 

Apple stock is at $149.84 before the start of the day. Their outstanding shares are 16.86 billion with EPS of 6.06 in June 2022. PE of 25.04 compared to other mini computer industries at 15.52. PEG ratio of 1.98 compared to 2.1 and a market cap of $2.41 trillion. As of the third quarter of 2022, iPhone profits were up 3% year over year and Macs were down 10%. The market is moving towards smaller screens and bigger capacity. Will Apple adjust to this strategy?  

I have a smartphone and cherish it in my life. I can navigate and access every file I have on my computer through my phone. Phones don’t have unlimited capability. Although, they can do the majority of tasks an individual wants to do in 2022. 

This follows with my first argument: smartphones will take over computers due to their convenience. Believe it or not, you will have to get used to it like an IOS update with no notice in earlier days. People want to use their smartphone as their one stop shop for everything gadget with the freedom of mobility and comfort. 

In the world of the smartphone stock market, Apple shows why they are a blue chip stock with continuous growth. Apple’s rebound in the stock market, earlier in the summer, was better than Samsung and Google, two other public smartphone companies. There are a few concerns with Apple at the moment.

Parler app was taken off of the App Store last year. Parler is the site where extremists poured into with their disgust from left wing social media apps. If Apple is trying to prevent extremism or violence, why not monitor and report it to authority. This way, these users will have their voice heard and are in a controlled group setting.

This is again another scenario with WhatsApp and ISIS when the app was becoming popular in 2014. Apple needs to allow all types of information floundering their platform to show they are capable to help the police. Therefore, these users wouldn’t channel to newer platforms for their own schemed plans.

Apple has security issues with law enforcement. It has shown that Apple, with their security encryption, wants to protect every human right to privacy. This issue is controversial as I like to say technology brings us a bag full of efficiency and comfort with disguised early stage problems.

Please note: I am not licensed to recommend stocks or investment advice. If you decide to act on this blog, that is solely your choice. This is just a newsletter to help you become aware of certain tech stocks and their price values around the world.