December 15th, 2015

Meet Apple: The New Consumer Staples Stock

In recent years, Apple (AAPL) bulls have argued that the company is morphing from a seller of technology hardware to a software and services business, which should result in a meaningful increase in the earnings multiple of the shares. I was never really able to buy into that framework because sales of the iPhone were … Continue reading "Meet Apple: The New Consumer Staples Stock"
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