The Apple Story Simply Gets Better And Better The Deeper One Digs -- Remember Three Things: Play The Long Game; Margins; Services -- May 5, 2023

Locator: 44569AAPL.

Spend some time on this graphic.

Playing the long game, margins, and services.

First, a digression with regard to the long game.

I first bought XOM in 1984. Cost basis today, about $5.00 / share. Share price today: about $110.

Dividends now, about $4 / share. 

I made a huge investment in XOM at that time and never, never, never bought more except for DRIP -- and now XOM, not only one of my biggest holdings, but the revenue stream is remarkable. I no longer DRIP and will start to unload XOM in line with ICE bans in California.

Now, back to AAPL.

The long game:

• the iPhone's real value -- services
• Apple now has record number of iPhone users
• every new iPhone user will eventually use Apple financial services, of which there are several

Margins:

• Apple products: around 37%; amazing; compare to any other sector; any other company;
• Apple services: around 71%; simply amazing; over time, all things being equal, the spread in margins between "products" and "services" will significantly widen

The long game:

• see XOM above: the difference? For Apple, it's gonna happen faster.

Disclaimer: this is not an investment site.  Do not make any investment, financial, job, career, travel, or relationship decisions based on what you read here or think you may have read here.

All my posts are done quickly: there will be content and typographical errors. If anything on any of my posts is important to you, go to the source. If/when I find typographical / content errors, I will correct them. 

Again, all my posts are done quickly. There will be typographical and content errors in all my posts. If any of my posts are important to you, go to the source. 

On a percentage basis, which nation will be the biggest user of Apple financial services? India.