Meet Apple: The New Consumer Staples Stock
January 22, 2020 at 15:04 PM EST
In recent years, Apple (AAPL) bulls have argued that the company is morphing from a seller of technology hardware to a software and services business, which should result in a meaningful increase in the earnings multiple of the shares. I was never really able to buy into that framework because sales of the iPhone were … Continue reading "Meet Apple: The New Consumer Staples Stock"