[APPLE PROJECT] iPhone 15 and New Investment 2023

September 2023, the month where Apple Inc. launched it new IPHONE 15. The average price of IPHONE 15 costs around USD950.00

MY APPLE PROJECT INVESTMENT

On September 29, 2023, an investment of USD 972 was made in Apple Inc. This investment decision is significant and abiding by my experiment se out back in September 2021, 2 years ago.

APPLE PROJECT FUND PERFORMANCE

The Apple Project fund was established in September 2021, and as of September 30, 2023, it has demonstrated remarkable performance.

Performance Metrics

Portfolio Return: The Apple Project fund has achieved a remarkable portfolio return of 12.09% as of September 30, 2023.

Benchmark Comparison: In contrast, the S&P 500 benchmark has shown a return of -1.58% during the same period.

The Apple Project fund's outstanding performance significantly outpaces the benchmark (S&P 500).

[APPLE PROJECT] DELIVERING EXCEPTIONAL RETURNS ABOVE THE BENCHMARK

Established in September 2021, the Apple Project (fund) has rapidly made a name for itself. 

With a strong focus on capital growth and a strategic approach to portfolio management, the fund has consistently outperformed the market, delivering an impressive total return of 24.86% as of 14.06.2023. 

This remarkable achievement is even more striking when compared to the S&P 500 benchmark return of a mere 0.27% as of 14.06.2023.

The Apple Project has exhibited exceptional performance since its inception, positioning itself as a standout choice for one of my portfolios. 

This Apple Project has quickly made its mark in just two (2) years plus by consistently outperforming the market and generating exceptional returns. As it continues to grow and evolve, I believe this Apple Project remains strong in its missions of delivering superior returns and generating long-term value.

Disclaimer: The information provided in this article is for informational purposes only and does not constitute financial advice. Investing in financial markets carries risks, and individuals should conduct their own research or consult with a financial advisor before making investment decisions.

[APPLE PROJECT] Performance as of 07.05.2023

PERFORMANCE

As of 07.05.2023, we are far outperformed the S&P 500.

PROSPECT

1. Strong Financial Performance: Apple has consistently reported robust financial results, driven by strong iPhone sales, growing services revenue, and a loyal customer base. The company's financial stability and profitability were seen as positive indicators for its future prospects.

2. Diversified Product Portfolio: Apple offers a wide range of products, including iPhones, Macs, iPads, wearables (such as Apple Watch and AirPods), and services (such as the App Store, Apple Music, and iCloud). This diversification helps Apple mitigate risks and tap into different market segments.

3. Innovation and Brand Strength: Apple has a reputation for innovation and design excellence. The company's ability to introduce new products, enhance existing ones, and create a strong brand image has been key to its success. The loyal customer base and strong brand recognition contribute to Apple's continued growth.

4. Services Revenue Growth: Apple's services segment has been growing steadily and becoming an increasingly significant part of its business. Revenue from services such as the App Store, Apple Music, iCloud, and Apple Pay has been expanding, providing a recurring and high-margin revenue stream.

5. Expansion in Emerging Markets: Apple has been focusing on expanding its presence in emerging markets like China and India, where there is significant growth potential. These markets have a large population and increasing purchasing power, presenting opportunities for Apple to increase its customer base.

Photo by Zhiyue on Unsplash

It's pertinent to note that the business landscape and market conditions can change rapidly. Therefore, it's always advisable to stay updated with the latest information, news, and financial reports to assess the current and future prospects of Apple Inc.

[APPLE PROJECT] AGM of APPLE INC. 2023

Apple Inc. will host the 2023 Annual Meeting of Shareholders on March 10, 2023 at 9:00 am Pacific Time in a virtual format.

[APPLE PROJECT] Performance as of 30th December 2022

My APPLE PROJECT started in October 2021. Since then, the performance has been steady, but up until lately that the share price of Apple for the first time it performs poorly.

My APPLE PROJECT Performance

Value of my Apple Project is down 11.72% since inception.

A bit of history of APPLE

Apple Inc is a company that was founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. It has grown over the years to become one of the largest technology companies in the world. It is also credited with making such innovations a part of mainstream culture.

Apple introduces a number of innovations that are still found in modern-day computers and other technology devices today. In many ways, Apple has transformed the way we interact with technology and how we think about it. The iPhone was not only the first smartphone to achieve mass-market acceptance; it also set the standard for mobile devices that followed.

Here are some interesting facts about Apple Inc:

-       It was announced that Apple Inc has been ranked as the most valuable brand in the world. The tech giant was followed by Google and Amazon, The Wall Street Journal reports.

-       Forbes also recently named Apple CEO Tim Cook one of the most powerful people on Earth for a fifth straight year.

-       The company's first product was the Apple I personal computer. It was priced at $666.66, which was slightly less than $1,000 at the time—a number that has been considered unlucky for some time now and which led to Wayne selling his stake in Apple shortly after its launch.

-       The three founders all worked out of a garage (where they had no heat or running water) before moving into their first office space in Cupertino, California in 1977.

-       Apple began operations on April 1, 1976 with three employees: Steve Jobs (deceased), Steve Wozniak (deceased), and Ronald Wayne.

-       The company's first product was the Apple I personal computer kit manufactured by Wozniak's friend Steve Jobs' garage business called Apple Computer Co., which was also incorporated on April 1st of that year.

Forward

We can say that Apple Inc. is an amazing company. With its innovative products and services, it has helped shape the world we live in today. And I still strongly believe the company can continue to be at the forefront of technological advances and has been able to expand globally by providing high-quality goods for all people across the globe.

[APPLE PROJECT] SECOND TRANCE OF USD600 INVESTED

 As I have posted on 22.09.2022, the second trance of USD600 has been invested in APPLE through my eToro platform. The record is as follows:-

 Thus, as of 28.09.2022 my Apple Project for 2022 has been fully executed.

[APPLE PROJECT] SECOND TRANCE OF INVESTMENT

On 22.09.2022 the US Federal Reserve announced another raised in interest rates by three-quarters of a percentage point for the third consecutive time. This may represent another pressure on Ringgit against the US Dollar. It also means that I have to pay more (of Ringgit) for the second trance of USD600.00.

Apart from that, the probability of a recession is high, especially in the Europe which is facing high price of energy. 

I strongly believe the currencies (US Dollar and Ringgit) would normalize in the long term because rates would cool off from its peak, but the thing is that this normalization might take few months or even longer than that. My point here is that if I wait for the "normalization" to take effect, I may miss out the price rally of a great company like APPLE.

Notwithstanding of the above, I am of the view that APPLE has a strong economic moat from its strong royal fans which are willing to spend on its subscription services. This can be seen from its increased in subscription numbers which drove double digit growth in service revenue. 

So, this is what I am going to do. I intend to slow down the progress of my injection of the second trance of USD600.00 (investment in APPLE). My estimation of the timing would be in the next 4 to 6 weeks. 

Rest assure that I will update again.

#AppleProject

[APPLE PROJECT] iPhone 14 and New Investment 2022

MY APPLE PROJECT

 

As I made a post last year 4th October 2021 regarding my little of My Apple Project, i.e. to buy Apple’s share if a new iPhone series is launched.

 

On 7th October 2022, Apple announced its new iPhone 14 series. Once again, this iPhone 14 does not come cheap. The iPhone 14 Pro Max (256GB) costs about USD1,199.00. Therefore, I will acquire USD1,199.00 worth of share of APPLE.

Here is my plan, I will acquire the share of APPLE in two (2) tranches with each trance worth of USD600.00.

 

PROJECT EXECUTION

 

As of today, first trance of USD600.00 has been invested in APPLE in eToro.

 

The second trance of USD600.00 will be executed in due course.

 

Let’s see how it would turn out to be in the next 10 years, which is YEAR 2031.

 

#AppleProject 

[APPLE PROJECT] Performance as of 26.08.2022

PERFORMANCE

Since the inception of this fund in September 2021, this fund is up 19.12%. 

Overall, this fund is way above the S&P 500 which stands at -362% and also the Dow Jones Index which stands at -3.01%.

S&P 500

DOW JONES

[APPLE PROJECT] Performance as of 17.12.2021

PERFORMANCE

Since the inception of this fund in September 2021, this fund is up 20.7%. Overall, this fund is above the S&P 500 which stands at 5.08% and also the Dow Jones Index which stands at 2.95%.

[APPLE PROJECT] Performance as of 20.10.2021

PERFORMANCE

Since the inception of this fund in September 2021, this fund is up 4.2%. Overall, this fund is above the the US’s S&P 500 which stands at -1.72% and also the Dow Jones Index which stands at 1.69%.

HOLDINGS

Currently we are holding 8.2721 shares of APPLE in eToro CFD.

[APPLE PROJECT] My Apple Project

On 14th day of September 2021, Apple Inc. held its Apple event and introduced its latest products, amongst others, latest iPad, Apple Watch and iPhone 13 series. What attracted me the most in this event was its iPhone 13 Pro Max. That maybe purely because of my current iPhone 6S Plus is already too old and its battery has started to fade out anytime in the future.

New iPhone does not come cheap. The iPhone 13 Pro Max (256GB) that I was looking at costs about USD1,199.00.

This event gave me an idea of buying Apple’s shares instead of its products. But of course, if I have enough budget, I will buy iPhone 13 Pro Max as well. And because of this, I have decided to conduct an experiment which I now called it MY APPLE PROJECT.

MY APPLE PROJECT

I set this project for 10 years. The rules of this My Apple Project is simple, I will buy Apple’s share if a new iPhone series is launched. The amount of shares I acquire would depend on the price of the iPhone launched by Apple.  A simple example will be as follows: - 

- Price of iPhone 13 Pro Max =USD1,199.00

- Then I will use this USD1,199.00 to acquire the share of Apple in eToro for same month when the new iPhone series is launched for the next 10 years.

PROJECT EXECUTION

As of today, I have put up the relevant fund to work on this Project, which is USD1,000.00 to purchase the share of Apple in eToro.

Let’s see how it would turn out to be in the next 10 years, which is YEAR 2031.

#AppleProject