Apple's business primarily runs around its flagship iPhone. However, the Services portfolio that includes cloud services, App store, Apple Music, AppleCare, Apple Pay & licensing and other services which become the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helps Apple to strengthen its presence in the personal health monitoring space. Apple also designs, manufactures and sells iPad, MacBookand HomePod. These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service....
+See MoreSharpe-Lintner-Black CAPM alpha (2.25%) Fama-French (1993) 3-factor alpha (3.13%) Fama-French-Carhart 4-factor alpha (3.92%) Fama-French (2015) 5-factor alpha (4.79%) Fama-French-Carhart 6-factor alpha (5.51%) Dynamic conditional 6-factor alpha (11.42%) Last update: Saturday 25 March 2023
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