Apple Stock's Future Uncertain

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Technology

Why Apple Stock Could Get Hammered This Year

Summary

Nutrition label

80% Informative

Apple has been a big winner since the start of the pandemic, soaring in value as the company's market capitalization surpassed $3 trillion .

As much as Apple tries to convince consumers that each year 's iPhone models are worth the upgrade, that's increasingly not the case.

Apple currently receives in excess to $20 billion annually from Alphabet in a deal that makes Google the default search engine on the Safari web browser.

Despite stagnating iPhone sales and uncertainty around the Google payments, Apple stock trades for 38 times trailing- twelve-month earnings.

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semi-formal

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English

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not offensive

Hate speech