Im a bull twds AAPL.

Here are a few reasons....

Apple has rich free cash flow – Apple has often rewarded investors with share buyback programs and fantastic dividends. Apple is able to do this with its strong free cash flow. Apple has $108 billion of free cash flow over the 12 trailing months. This figure is very good given that Apple has spent $91 billion on a share repurchase program and $15 billion in the form of dividends over 12 trailing months.

Strong Demand for Products – Apple products always witness strong demands across different regions. In the third quarter, the company reported a sales growth of 2% YoY, which is in addition to the 36% growth last year. Tim Cook, CEO of Apple Inc, said that there was not enough supply to test the demand but it can be said that there is a minimal impact of high inflation and macroeconomic headwinds on Apple Inc products’ demand.

Opportunity for services– Investors could probably think that the growth potential of Apple products is minimal and hence, the company’s best days are over, but as per management, they have a dedicated user base, and larger the user base, the company has the opportunity to monetize with native and third-party services. So, going forward subscription revenue can increase multifold and that can take the company and share price to new heights.