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'Sell Apple' (ft.com)
5 points by mfiguiere on Feb 28, 2024 | hide | past | favorite | 4 comments


> To justify its current valuation, everyone everywhere needs to spend $800 a year on Apple products, says UBS


A bit like LVMH, the only difference being that LVMH customers usually don't upgrade their handbags once a year.


The ownership of the stock itself is a luxury experience. Maybe in the future you must own the assets for the opportunity, like an aspiring exotic factory Ferrari customer. I am sure some bored apes could get into something like that.





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