Will Apple be able to update historical maximum? 🍎

Only some 5% remained before the historical maximum.
If stock can do this, then Apple will become the world's first $3 trillion company!

The AAPL weight in the SP500 also rose to 7.4% - the highest for any single company in the index since data collection began in 1980!

When you watch the Sp500 index go up, it doesn't mean that all stocks go up.
Now the US index is pulled by 2-3 stocks that buy back their shares for billions of dollars.
In the latest report, apple launched a new buyback to $90 billion and increased its dividend.
Fundamentally and technically, the stock is ready to rise to new highs and higherâ€Ķ but I don’t think that will happen and here’s why 📉

1) The main catalyst for growth in recent years is buybacks.
Now the US government is actively discussing the taxation of buybacks.
Without buying back their own shares, companies will not be able to grow, since EPS will not grow.

2) The company has been declining phone sales for several quarters.
Yes, Apple's revenue from phone sales is not the highest share of revenue.
But it should be remembered that the entire ecosystem of the company is growing due to new devices.

3) Remember that buying an asset on highs almost never leads to a profit.
In the context of economic crisis - it will be very difficult for stocks to grow.
FED continues its money withdrawal policy QT - this is bad for all assets.

You can find even more profitable ideas in the profile header ðŸŽĐ
If you are interested in analysis of any other asset - write in the comments and I will do it.
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