Posted at 6:23 PM , on February 2, 2016
Can it maintain its growth momentum, or will it falter?
Apple is no ordinary company. In the last 10 years the company has seen its annual revenues increase from $20 billion to $235 billion. This has largely been spurred by the sales of I-Phones, which alone contributes nearly $150 billion (2/3rd) to its revenues. The Mac and the I-Pad are much smaller in comparison and together would at best account for $50 billion in sales. But that is just one part of the story. Continue reading
Posted at 12:09 PM , on May 19, 2015
Why are major hedge funds exiting Apple?
Apple may be the most valuable company in the world today but that has not stopped US hedge fund managers from reducing their stake in the company. With a market capitalization of $750 billion, it is almost twice as valuable as Microsoft or Google. While some of the biggest ETFs of Vanguard and Blackrock continue to hang on to Apple (for obvious allocation reasons), many smart hedge funds are making a rush for the exits. What is the story? Continue reading