Technology
Form over substance - unimpressed with AAPL’s latest launch event, Richard Windsor believes the tech giant is now going to feel the full sting of the weak macro environment. Against this backdrop, the shares are not particularly cheap and there are plenty of other options to look at that offer far higher growth at a lower multiple. In a separate note, Richard also discusses the difficulties AAPL faces to keep both the CCP and the US Congress happy and is likely to be forced to drop its budding relationship with YMTC, meaning the Chinese memory chip maker will disappear once again into industry obscurity.
Edition: 144
- 16 September, 2022