Apple touches the highest value ever on the stock exchange thanks to the new viewer – Corriere.it
[ad_1]
Apple is about to launch a mixed reality headset with headphones, its most important product in the last 13 years and on June 5th it touches the highest value ever on the stock market. The device represents the idea that Big Tech ka of the future after the smartphone. The cost will be 3 thousand dollars. In fact, about 10 times the price of Meta’s flagship headset. Currently, the stock trades at 7.15 times its expected sales for next year and 26.79 times its expected earnings for the next 12 months – comments Gabriel Debach, market analyst at eToro -. It is important to note that, at the moment, the current multiples do not reach the historic highs, fueling greater optimism towards the Cupertino stock.
Technology continues, therefore, to dominate the scene on the markets. After the extraordinary results of Nvidia, attention shifts again to the first company by capitalization, Apple. In a period of economic uncertainty, with inflationary pressures and fears of an economic slowdown, Big Tech therefore continue to represent “defensive” investments thanks to the solidity of their balance sheets and growth prospects – continues Debach -. Since January 3, Apple stock has recorded an impressive growth of nearly 50%, resulting in its market capitalization increasing by nearly $1 trillion – a significant achievement for the company that reflects the enthusiasm and confidence of the investors towards the future of Apple.
The overall capitalization of the Cupertino company now stands at around $2.8 trillion, approximately 3.5 times higher than the entire capitalization of the FTSE MIB. The question Debach asks: Can Apple become the first company to cross the $3 trillion mark. Does this goal seem ever closer and interest in the company is very high? Despite the declines in the Macbook and iPhone sectors, as well as the absence of guidance for the current year, the company has pushed itself to the point of self-sufficiency thanks to its chips and now Apple continues to be driven by innovation and growth of its services and products. Innovation that takes shape in the Apple Worldwide Developers Conference taking place today, one of the most important events for the company.
[ad_2]
Source link
