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ayondo Comment: “Apple’s Earnings may be Astounding but are Head Winds on the Horizon?”
Jordan Hiscott, Chief Trader at ayondo markets
“With Apple poised to release its Q2 results, investors face a difficult conundrum. Shares for the tech giant have reached an all-time high of $146.50, alongside a market capitalisation of $769 billion and nearly $250 billion in cash: even in the modern era of capitalism these figures are truly astounding. On the surface things couldn’t look any rosier for the company, however if we look a little closer are there head winds on the horizon?
“Focusing on the astounding success of the iPhone, now its flagship product, in relative to other items such as the iPad and iWatch, sales are falling quarter on quarter. Since the iPad and iWatch release there has been a lack of ground breaking products which Apple is usually well known for. There are rumours of a possible automated car or augmented reality glasses and for Apple to grow to the next level and towards market capitalisation of $1 trillion, it needs to deliver on one of these “hero” products and decrease its reliance on the iPhone.”
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Mastercard, NCR Atleos, and ITCard to Enhance Contactless Experiences at ATMs
Mastercard with NCR Atleos and ITCARD are enabling cash to be securely withdrawn at contactless ATMs
Paytently and Mastercard Partner to Launch Next- Generation Open Banking Payment Solution
Paytently has launched Paytently Open Banking powered by Mastercard Open Finance streamlining payments end-to-end
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Onafriq and Visa Partner to Launch Visa Pay, Unlocking Interoperability Between Card and Mobile Money in the DRC
Onafriq has partnered with Visa to launch Visa Pay to expand digital financial access across the DRC
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Binance and Franklin Templeton to Develop Digital Assets Initiatives and Products
Binance and Franklin Templeton announced a collaboration to build digital asset initiatives and solutions tailored for a broad range of investors
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Why So Many Fintech AI Projects Are Failing (And How to Fix Them)
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Mastercard, NCR Atleos, and ITCard to Enhance Contactless Experiences at ATMs
Mastercard with NCR Atleos and ITCARD are enabling cash to be securely withdrawn at contactless ATMs
Paytently and Mastercard Partner to Launch Next- Generation Open Banking Payment Solution
Paytently has launched Paytently Open Banking powered by Mastercard Open Finance streamlining payments end-to-end
Botim Expands UAE-Ethiopia Financial Corridor With Commercial Bank of Ethiopia Partnership
botim announced a partnership with the Commercial Bank of Ethiopia to deliver secure, convenient remittance solutions for Ethiopians in the UAE
Onafriq and Visa Partner to Launch Visa Pay, Unlocking Interoperability Between Card and Mobile Money in the DRC
Onafriq has partnered with Visa to launch Visa Pay to expand digital financial access across the DRC
Jet2 Selects APEXX Global as Payment Orchestration Partner
Jet2 has selected APEXX Global as its exclusive Payment Orchestration Partner to optimise and future-proof its global payments infrastructure
Binance and Franklin Templeton to Develop Digital Assets Initiatives and Products
Binance and Franklin Templeton announced a collaboration to build digital asset initiatives and solutions tailored for a broad range of investors