MO Apple Uptrend

Oct 9, 2020

• Apple has announced that its iPhone (on line) event will take place on October 13.
  The iPhone 12 lineup, in four different models/sizes, is expected to have a new design with squared-off
  edges, four cameras and support for 5G networks. It is supposed to include a new 5.4-inch size and a 6.7-
  inch size, the biggest screen ever on iPhones.
  Historically speaking, the share price multiples, such as P/E and P/S are at historic highs. However, the
  Cupertino-based company succeeded to squeeze out precious profit margins from its products following the
  fancy public events.