Apple (NASDAQ:AAPL) is up 54% in the last twelve months and is one of the stocks that benefited during the COVID-19 pandemic. A leader of the tech sector – is it time to buy Apple stock?
Should I Buy Apple Stock Now
The technology sector is one that outperformed during the COVID-19 pandemic. As consumer behaviour changed and people spent more time online than before, Apple had the right products at the right time.
It recently announced that it plans to update its AirPods and AirPods Pro later in the year. It also reportedly made a bid for Verzuz, a live streaming music platform. Apple is a dividend-paying company with a four-year average dividend yield of 1.49%, greater than 1.43% sector median.
Where Can I Buy Apple (NASDAQ:AAPL) Stock?
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What is Apple?
Apple Inc. needs no introduction as it is one of the leading technology companies in the world. It is an active player in the technology hardware, storage, and peripherals industry and designs, manufactures, and markets smartphones, personal computers, and accessories, among others, worldwide.
The company is based in Cupertino, California and employs over 147,000 people.