Apple's 50th Anniversary Was April 1. Is the Tech Giant's Stock Worth Buying and Holding for Another 50 Years?
View original at finance.yahoo.comApple's 50th Anniversary Was April 1. Is the Tech Giant's Stock Worth Buying and Holding for Another 50 Years? What a ride it has been for Apple(NASDAQ: AAPL) and its shareholders over the years…
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The iPhone is the most popular smartphone in the United States, with a 50% to 65% market share
60% confidenceApple evolved from an underdog in the computer market to arguably the world's most prominent consumer-facing business today
60% confidenceiPhone accounts for an estimated 32% of the global smartphone market
60% confidenceThere are now 2.5 billion active iOS devices worldwide
60% confidenceGiven Apple's $3.75 trillion market cap, investors shouldn't anticipate future performance to rival the past
60% confidenceApple stock has returned over 97,000% since 1990, including dividends
60% confidenceApple generates a 68% return on invested capital
60% confidenceApple is still a no-brainer to buy and hold
60% confidenceApple is reportedly developing AI glasses that would represent a brand-new product category
60% confidenceElectronic devices are becoming increasingly central to modern life, so the iOS ecosystem should have long-term staying power
60% confidenceApple generated more than $123 billion in free cash flow over the past four quarters
60% confidence