Apple: Losing Visibility

Summary:

  • Apple continues to delay and push out the launch of AR/VR devices.
  • The tech giant might never launch the AR Glasses after the product release is pushed out another 1 to 2 years.
  • AAPL stock doesn’t have the growth to warrant the current valuation of 28x FY23 EPS estimates without the catalyst of a hot new product.

Feeling healthy on the inside!

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The big case for Apple (NASDAQ:AAPL) struggling over the next couple of years is the constant delay of new product releases. The iPhone has been around for well over a decade now and the

Finviz Chart

Source: Finviz

Earnings estimates table

Source: Seeking Alpha


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