Does It Make Sense To Invest in Apple Stocks Right Now?

  Does It Make Sense To Invest in Apple Stocks Right Now? Investors are currently debating whether it makes sense to Invest in Apple Shares. Apple AAPL (NasdaqGS) $126.92 +1.49(+1.19%)  upset Wall Street's predictions for sales of iPhone 12, iPad and Mac computers. Analysts said demand for iPhones declined prior to the earnings report, but Apple reported that sales rose 66 % this quarter. Although these increases cause a great wind, rumors that demand will slow down and will decrease have started to circulate. Although these increases cause a great wind, rumors that demand will slow down and will decrease have started to circulate. As always, Apple continues to disprove these rumors. Making a statement on the subject, Luca Maestri, CFO of the company, commented, "Consumers have raised our installed active device base to an all-time high."

Investors are currently debating whether it makes sense to Invest in Apple Shares.

It seems Apple has perfected its new product launches to match the needs. Developing the proprietary M1 chip to reduce its reliance on Intel, Apple has also managed to gain an advantage over its competitors struggling with the chip shortage in the industry. The company, which increased its iPad sales by 79 % in the last quarter, seems to be able to meet sales of approximately $ 8 billion thanks to the new versions of the M1. Also, Apple pays investors a very modest dividend that currently yields a 0.7 % return. While this may not be of interest to many investors looking for income, a drop in stock price can be partially improved.  

Source : The Motley Fool

 

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