Investing in Apple: A Business Model Perspective

Published On Wed Sep 04 2024
Investing in Apple: A Business Model Perspective

Adam Coons of Winthrop Capital Management shares his perspective on Apple, emphasizing that the company's sustained business model is what attracts investors, rather than its AI narrative.

Apple Inc (AAPL) Stock 5 Years History [Returns & Performance]

Sticking with Apple Stock

According to Coons, the upcoming iPhone from Apple does not bring anything groundbreaking to the table. Despite this, he remains optimistic about the stock and continues to hold onto it.

The Rise of AI

With the launch of Open AI's ChatGPT, the advancement of artificial intelligence has been propelled forward. However, concerns have been raised about the potential impacts of AI on society.

Chart: Apple Stock Crashes to 15-Months Low | Statista