Apple Flexes Its Pricing Power šŸ

Table of Contents

Apple Flexes Its Pricing Power

An Apple event wouldn’t be an Apple event without a few gasps from the audience, and that’s exactly what investors have been treated to so far at its Worldwide Developers Conference. Investors have seen the christening of over 10 fresh apple creations, but that’s not all.

WWDC is an annual opportunity for Apple to show-off its latest tech to developers. It garners hype from all around the world. From the word go, execs this year were crossing things off a checklist people had been asking for. Apple’s geekiest fans are calling it the best WWDC in the post-Jobs era, and investors will be hoping so.

When the market judges Apple’s future worth, centre stage is the conveyor belt of products coming through. It’s very important that Apple keeps great products rolling off the assembly line if the maturity of its growth is to stay at bay. Tim Cook is faced with this task, as well as protecting what makes Apple great; it’s brand.

$1000 for a computer stand. That might sum it up, and yes, you read that correctly. Apple sure are flexing their pricing power at this year’s WWDC, but that’s again why investors love them. Being the number one brand in consumer tech affords them just that little bit more pricing power. For investors, that brand advantage is the bedrock of many a buy order!

In sum, new iOS + new $6k Mac Pro + $1k computer stand – a dissolved iTunes = WWDC19, and some happy traders after hours.

Events like WWDC19 (which runs until Friday) tease at what the future might hold for Apple and how Tim Cook is steering the direction of the world’s first trillion-dollar company. Calling this year’s event ā€œremarkableā€, the bar is set for Samsung and the rest of his Android competition.

Avengers Crushes Box-Office Records

Share:
More Posts
Market Recap – September 28th šŸ’°

After the 10-year Treasury yield bond fell off from its 15-year high, investors added some value back into the market, focusing all short-term attention on Friday’s PCE price index reading.

The Crude Oil Bust šŸ›¢

Surging global crude oil prices, driven by factors like OPEC+ production cuts have pushed U.S. West Texas Intermediate futures to over $95 per barrel.

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Invstr app and web services are provided by Invstr Ltd. Invstr+ advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC). Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value. Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying or holding digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Your digital account does not support wallet to wallet transferring of your digital assets (i.e. cryptocurrencies) outside the platform. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC. The Invstr VisaĀ® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community. The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results. Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such. Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.