Investors aren’t noticing Apple’s long, slow decline

  • They notice:

    -The share buybacks

    -The dividend yield

    -How it’s Warren Buffett’s largest position

    -The exposure to China (for better or for worse)

    -The compelling new iPhones

    -Apple Credit Card

    -AirPods

    Etc.

    But #1 and #2 are the most important in my opinion as an investor in Apple. They effectively form a 9% net payout yield.