Why even the last tech giant could falter

Apple CEO Tim Cook

According to calculations by the service provider S&P Global Market Intelligence, the average price target of the financial analysts is $174 per share.

(Photo: AP)

San Francisco, Dusseldorf In the midst of an impending recession, the iPhone group issued a warning this week: There could be delivery problems with the top devices iPhone 14 Pro and iPhone 14 Pro Max due to Covid restrictions in China. Never before had Apple reported supply chain developments during a current quarter.

What could have caused a massive slump in the stock market for other companies was largely ignored by Apple investors. This shows Apple’s exceptional position on the market: As the last tech stock, it has the status of a safe haven in difficult times on the stock exchange.

Analysts are almost exclusively positive about the iPhone producers. Star investor Warren Buffett is so convinced of the US group that his stock portfolio recently consisted of almost 40 percent of the shares in the California group. However, there are also risks to Apple stock that investors should be aware of. The Handelsblatt gives an overview.

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