This morning I heard from 958, even iphone 7 launch also can't help to boost Apple share price
Consumers are dissaponited at iphone7 , no much difference with iPhone 6s
Seem like Apple no much innovation anymore?
So Apple share free fall?
It depends on who you are, an investor or someone looking for a phone
Currently the iPhone 7 is probably one of the best phones around & I'm sure those in the market will take a look at it. Those who have already an iPhone 6 may opt to wait the for the iPhone 8 because next year will be the iPhone's 10th anniversary & they expect Apple to do a major redesign.
If you are an investor, Apple does provide a dividend of 57 cents/share per quarter & Tim Cook has promised to increase the dividend each year. They are doing a lot of buybacks & retiring many AAPL shares. So they should be able to increase the dividends for many more years. Companies like Berkshire Hathaway has invested $ in Apple. So has some retirement funds.
AAPL is I think under valued with a PE ratio of 13.09. Apple has plenty of cash $220+ billion or more. Don't forget that Apple is still selling millions of iPhones each quarter. It might not be at record levels to satisfy some analysts who predict that Apple is doomed.
To put into context how large Apple is, the following article may be useful:
http://www.forbes.com/sites/samanth...-samsung-microsoft-and-alphabet/#2b52a9e89ee4
The World's Largest Tech Companies 2016: Apple Bests Samsung, Microsoft And Alphabet
May 26, 2016 @ 01:27 PM
When in April Apple AAPL -2.65% announced the first ever decline in iPhone sales, some observers questioned if the company’s best days are behind it. Despite the angst, Tim Cook’s Apple continues to outshine its peers in every metric that counts. Among global tech companies it has the highest revenue ($233 billion), profit ($53 billion), assets ($239 billion) and market cap ($586 billion) for the past year.
These results make Apple not only the biggest tech company in the world, but also bumps it to the 8th largest company in the world- -marking a return to the global top ten–and 4th largest in the U.S. on the 2016 Forbes Global 2000.
The Global 2000 is FORBES’ annual ranking of the planet’s largest and most powerful public companies and is based on four equally-weighted metrics: revenue, profit, assets and market value. The 2016 list includes companies from 63 countries. In the last year, these companies together produced $35 trillion in revenue and $2.4 trillion in profit. They have total assets worth $162 trillion and a combined market value of $44 trillion. (Here’s how we crunched the numbers.)
While China is sapping large company dominance from the United States — for the second year in a row Chinese banks held the top three spots on the full list — Apple sits atop a heavily American tech list
Fourteen of the 25 largest tech companies in the world hail from the U.S., including seven of the top 10: Apple AAPL -2.65%, Microsoft MSFT -0.40%, Alphabet , Intel INTC -0.05%, IBM IBM -1.63%, Cisco Systems CSCO -0.99% and Oracle ORCL -1.28%. The Asia-Pacific region is well represented the bulk of the rest of the list with eight companies– three from China, two each from Taiwan and South Korea and one from India. Germany, Sweden and Finland round out the top 25 in tech.
South Korea’s Samsung takes the number two tech slot, with $177 billion in revenue, $16.5 billion in profit, $206.5 billion in assets and a $216 billion market value. Next up Microsoft, had $86.5 billion in revenue, $10 billion in profit, assets of $182 billion and a $407 billion market value.
