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How Apple Inc.’s WWDC Announcements Will Affect AAPL Stock

Apple excited its fans at this years WWDC, but will AAPL 'wow' shareholders?

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Apple’s Still Making More and More Chips

At the same time, Apple has been gradually making more and more of its own chips, which gives it more control over the devices. The company is supposedly working on a processor specifically dedicated to AI-related tasks, for instance.

This also speaks to the power of a giant like Apple. It can afford to poach talent and technology from smaller chip players, and can afford to invest in making its own processors. That’s not the case for everyone.

All in all, I’m pleased with Apple, especially after WWDC 2017. While many of these developments may be already built into the stock price (remember, AAPL stock has gained over 56% over the past 12 months), I think it’s worth it.

Apple is an incumbent tech beast that’s still pushing the ball forward, posting double-digit growth, and also rewards investors with a 1.6% dividend — not bad after the stellar run just mentioned.

WWDC 2017 was another feather in Apple’s cap.

Hilary Kramer is the editor of GameChangers, Breakout Stocks, High Octane Trader, Absolute Capital Return and Value Authority. She is an accomplished investment specialist and market strategist with more than 25 years of experience in portfolio management, equity research, trading, and risk management. She has extensive expertise in global financial management, asset allocation, investment banking and private equity ventures, and is regularly sought after to provide her analysis on Bloomberg, CNBC, Fox Business Network and other media.


Article printed from InvestorPlace Media, https://investorplace.com/2017/06/how-apple-inc-s-wwdc-announcements-will-affect-aapl-stock/.

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