[LENS 光。影] FLY . HOME - 飞。家

 

[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.

[LENS 光。影] MERGED

 

[LENS 光。影] CHRISTMAS

 

[LENS 光。影] TRACK

 

[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