Will Apple Stock Reign Supreme Yet Again in 2024?
It seems like everyone loves (NASDAQ: AAPL). Well, at least 29% of those reading this do. That is the global market share for the smartphone maker, putting it in the lead over competitors such as Samsung and Alphabet's Google. With strong marketing, quality products, and locked-in users, Apple has established itself as the premium smartphone maker around the world, which has been quite a lucrative business.
So lucrative that even the Oracle of Omaha himself, Warren Buffett, bought more than 5% of the company for Berkshire Hathaway. With the stock up 368% in the last five years, Buffett's stake is now worth over $150 billion, with shares crushing the market over the same time frame.
But the question is: What does the future of Apple stock look like? Will the smartphone leader still reign supreme in 2024?
Source Fool.com
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