“Beyond expected improved performance and incremental innovation embedded into Apple’s new products, it is great to see Apple communicate on sustainability as a new competitive advantage — especially with Apple’s first carbon neutral products,” Forrester Principal Analyst Thomas Husson told CNN.As the long-awaited iPhone 15 will hit the market, crowds of eager buyers will happily part with their money to get a hand on the $799 phone, or splurge on its Plus version, which costs $899.
However, one individual has calculated the potential wealth that could have been amassed by investing in Apple stock instead of consistently purchasing new iPhones with each release.a data analyst, shared his calculations regarding the hypothetical value of your Apple stock if you had chosen to invest in it instead of buying an iPhone on the day of each Apple Event.
Sumit’s calculations revealed that purchasing every iPhone model upon launch would cost approximately $17,000. Nevertheless, had you chosen to invest that sum in Apple stock, you would now be enjoying a remarkable stock portfolio valued at an astonishing $367,000,000. To put it in clearer terms, that’s a whopping $367 million.Whilst the price of Apple stock has witnessed a remarkable ascent since the debut of the initial iPhone, Apple’s stock was available for slightly over $3 prior to Steve Jobs’ unveiling of the first iPhone in 2007. But today, it commands a price of over $170 per share.
Nonetheless, certain individuals did highlight the fact that opting for Apple stock purchases instead of buying iPhones on each occasion would leave you without a smartphone, and smartphones have undeniably grown in significance over the years.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UAW Strike: GM in ‘most vulnerable position,’ analyst saysThe United Auto Workers strike deadline against the Big Three automakers, Ford (F), General Motors (GM), and Stellantis (STLA), is just over 24 hours away. CFRA Equity Analyst Garret Nelson joins Yahoo Finance Live discusses how the potential strike will impact the automakers and other companies, such as suppliers. Nelson says, “it’s nearly 100% certainty that there is going to be a strike,” but the big question is will “the UAW strike one company, would they strike all three, or specific plants? And the latest chatter is that they’re likely to strike specific plants.” Nelson notes that “General Motors is in the most vulnerable position... because of their inventory.” Nelson explains how GM has reportedly “made the most generous offer” recently and seems “to be making more concessions” compared to Ford or Stellantis because GM’s inventories are “much lower across their four major brands, Chevy, Cadillac, Buick, and GMC, than the inventories of any of the Ford or Stellantis brands.” Nelson adds that Magna International (MGA) and Lear Corporation (LEA) are “most at risk” from a strike because of their degree of exposure to the Big Three. Whereas, Tesla (TSLA) would be “the big winner” from a UAW strike.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Barclays Hires Former Equity Research Analyst Auty for BankingBarclays Plc has hired Sterling Auty, a former equity research analyst at JPMorgan Chase & Co. and SVB Securities, to be an investment banker in its technology group.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Converting office space into homes is reducing downtown vacancy rate: analystTurning office space into homes is succeeding in reducing downtown Calgary\u0027s vacancy rate, said a real estate analyst.
Source: calgarysun - 🏆 63. / 52 Read more »
Thursday’s analyst upgrades and downgradesInside the Market’s roundup of some of today’s key analyst actions
Source: globebusiness - 🏆 31. / 66 Read more »
Tesla gets $80-billion boost from analyst call, but not everyone buys itSome investors find Tesla Inc.\u0027s $500\u002Dbillion projection from Morgan Stanley \u0027outlandish\u0027 given its already high valuation. Find out more.
Source: fpinvesting - 🏆 43. / 63 Read more »
U.S. autoworker strike would mean profit dent for suppliers: AnalystA possible strike by United Auto Workers union at Detroit’s Big Three automakers could impact auto suppliers and hit profits for companies such as General Motors Company, according to an analyst covering the industry.
Source: BNNBloomberg - 🏆 83. / 50 Read more »