Apple, Inc. Is Becoming The New Microsoft Corporation (MSFT) [REPORT]

Apple, Inc. Is Becoming The New Microsoft Corporation (MSFT) [REPORT]
ElisaRiva / Pixabay

Apple Inc. (NASDAQ:AAPL) is one of the world’s most successful tech companies and it’s easy to see why. The immense success of gadgets such as the iPhone and iPad attribute to the company’s big portion of success. There is little doubt Apple Inc. (NASDAQ:AAPL) is enjoying its successful run, however, all good things must come to an end. The Cupertino-based tech company may be hitting a tough spot, which is why the Wall Street Journal believes it could become the new Microsoft Corporation (NASDAQ:MSFT)

Analysts take a closer look at Apple’s future

In a recent note from Barclays, analysts wrote, “Frankly, we just couldn’t quite bring ourselves to use smart watches or TVs as reasons to raise numbers–nor were we fully convinced that these products could move the needle like new categories did in the old days. As a result, we believe it is time to step aside, given a maturing smart phone market.”

Bonhoeffer Fund July 2022 Performance Update

Screenshot 27Bonhoeffer Fund's performance update for the month ended July 31, 2022. Q2 2022 hedge fund letters, conferences and more The Bonho