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November 12, 2024

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Apple’s (AAPL.Q) road ahead

Apple (AAPL.Q) made news yesterday after its third-quarter earnings call beat the expectations of analysts on Wall Street. As a result, the stock rose up to $217 in aftermarket trading yesterday.

With Tim Cook taking the reigns after Steve Job’s departure, the firm has added a few products to its arsenal of offerings. Cook’s operational efficiencies can be attributed to the success that allowed Apple to hit its $1 trillion market capitalization.

Apple’s pivot to offer subscription-based services has seen tremendous growth over the past year. Posting double-digit growth, Apple Music and Apple News have added to the firm’s top of the line revenues.

The company has made some major announcements regarding new product offerings over the past few months. Not only did they refresh the Mac Pro and the iPad Pro, but also added a $5,000 XDR display.

Besides refreshing product lineups, Apple also announced that it would be entering the streaming business and offering Arcade +, a subscription-based gaming service. What’s more, is that the firm has entered the FinTech space, launching the Apple Card in partnership with Goldman Sachs. It looks a little like Apple’s pivoted from being a core technology company to a company that does, well, just about everything.

The question is, can it do this well?

In this episode, we take a look at the road ahead for Apple, and what its loyal customer base in the “ecosystem” can expect in the coming few months. Have a look, subscribe to our YouTube channel, and let us know what more you’d like to see.

Tune in!

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