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Apple might be skyrocketing b/c 1. it's post-covid revenues weren't significantly impacted 2. it's a blue chip stock in an era where safe securities like bonds
by pradn 6y ago
Apple might be skyrocketing b/c
1. it's post-covid revenues weren't significantly impacted
2. it's a blue chip stock in an era where safe securities like bonds yield nothing (there's no where else to put money)
3. fund managers don't want to miss out on the up-swing momentum, however irrational it may be
- Pandabob 6y agoYup. I'm honestly impressed that Apple's services revenue is now 50% of iPhone revenue [1]. [1]: https://www.cnbc.com/2020/07/30/apple-aapl-earnings-q3-2020.html https://www.cnbc.com/2020/07/30/apple-aapl-earnings-q3-2020....