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Image Credit: Macdailynews

Apple is the world’s most valuable company and it’s still underestimated

  • Apple's stock tends to decline around iPhone release days but performs well in the long term.
  • Six months after iPhone releases, Apple stock returns 11.7% on average, outperforming the S&P 500.
  • Wall Street underestimates Apple despite its strong performance.
  • Pre-orders for the new iPhone model in Russia have surpassed the predecessor by 15% despite the export ban.

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