MO Apple Uptrend

  • 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.
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