News broke Wednesday night as America slept that certain Apple Inc. (NasdaqGS:AAPL) suppliers in Taiwan may be experiencing as much as a 50% drop in parts orders related to Apple’s latest phones.
Shares promptly went off a cliff – or at least that’s the perception being created in the mainstream media.
In reality, shares are down a mere 2.5% as I type.
That’s a drop in the bucket considering that the company has generated more profits for investors than any other American company, according to Professor Hendrik Bessembinder of the W.P. Carey School of Business at Arizona State University.
• Short-term, knee jerk pullbacks can often be buying opportunities – especially for companies like Apple, where the business case remains solid and the pullback is only driven by media hype, as opposed to the longer-term Unstoppable Trends and “must-have” nature of the companies we prefer.
• Apple is no longer a device-driven company. Instead, it’s the ecosphere that’ll fuel another trillion dollars in growth as it pivots into a new business model most investors don’t yet understand, let alone recognize.
• Owning Apple stock is just one way to secure your profits from the Cupertino giant’s upcoming move. Another way – and one that can be completely tax-free – is to “enroll” yourself in 26(f) programs. My team and I compiled a list of 10 programs that we think will serve our readers best, but one in particular lets you tap into Apple, Alphabet, Amazon, and other tech giants – all in one fell swoop. If you’re an American taxpayer, you’re able to participate.