Today’s chart shows the benefits of investing in a popular brand…
DailyWealth readers know that strong brands inspire loyalty in their customers. They’ll come back to their favorite names… and are even willing to pay a premium for brands they trust. Today, we’re looking at a brand that’s known and loved around the world. In fact, Forbes labels it as the world’s “most valuable” brand…
Apple (AAPL) is a $2 trillion consumer-electronics giant. It has created some of the most popular devices in the world, like the iPhone, iPad, and Apple Watch. Every time a new product or edition is released, consumers race to buy it. And this brand recognition has paid off… In the most recent quarter, Apple saw double-digit growth in each of its product categories. It also brought in record revenue of $89.6 billion – up 54% year over year.
As you can see, AAPL shares are up around 190% over the past two years. And they recently hit a new all-time high. As long as the Apple brand remains a leader in the electronics world, this uptrend should continue…
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Source: Daily Wealth’s Market Notes
