2023-06-07 17:01:19
Allow us to explain how to comprehend and analyze the relationship between stocks and company innovations:
Apple's venture into the realm of augmented reality (AR) is quite intriguing, especially considering that while other companies are focusing on artificial intelligence (AI), Apple is leaping into the metaverse. Facebook attempted a similar move last year but faced failure due to unfavorable timing.
Another aspect to consider is the pricing. Apple aims to offer the public a $3500 device, which amounts to five months' worth of average American salary or savings today.
Interestingly, despite the remarkable innovation, the stock prices experienced a decline. This can be attributed to Apple's recurring phase wherein the public tends to mock them each time they introduce something new. People often make jokes about their high prices and upgrades, yet they still end up purchasing their products, sometimes even opting to buy a new model every year, even at the expense of selling a kidney.
Through this strategic move, Apple effortlessly adds $500 billion to its market capitalization.
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