Apple stock under pressure! Can it survive? 📉 #jaeystocks #investing #news

Published: Sep 09, 2024 Duration: 00:00:52 Category: News & Politics

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Apple's latest iPhone 16 launch is under the spotlight as the company pushes AI enabled features to revive growth after years of stagnant Revenue with the stock hovering around $220 182 and a staggering market cap of$ 3357 trillion the pressure is on the PE Ratio stands at 34 double its historical average raising eyebrows among investors customers are upgrading less frequently about every 3 years according to Verizon putting even more weight on iPhone 16 sales while some big names like Warren Buffett are trimming their Stakes the future looks uncertain at these valuations the risk of a Down ear May outweigh the potential for gains never miss a winning stock be the first to know comment follow And subscribe

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