Apple and Meta poised to be winners once interest rate hikes slow

Gene Munster, Managing Partner of Loup, said on Wednesday that Apple and Meta Platforms are well positioned to become leaders in the technology sector once the interest rate slowly increases and investors’ appetite for the returns of riskier stocks.

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Brian Stewart for Seeking Alpha:

Speaking to CNBC, the founder and managing partner of Loup Ventures predicted that riskier assets, such as those in the tech sector, will eventually “come back in favor” as economic conditions change, with AAPL and META poised for potential upside. when that happens.

“If Apple breaks down, people will see it as the bare minimum,” he said. “I don’t think we’re going to go to that crack.”

Munster indicated delivery times for iPhones, which are higher than normal at this stage of the product cycle. This leads the analyst to conclude that the company’s business “continues to do well” despite macroeconomic pressures.

For META, Munster said the Facebook parent “stands out” as he sifts the “business basket” of “large-cap technology that will be around for decades.”

MacDailyNews takes: You know, like MySpace. Still around (more or less). Next year reaches the milestone of two decades.

MacDailyNews takes: If you believe there is a future operating system beyond mobile devices, then Apple it’s in a great place. Apple has carefully laid the foundation for its long-awaited AR / VR smartgoggles and subsequent AR smartglasses for many years.

Meta Platforms will be the Diamond Multimedia of the “metaverse” (which will not even be called that once Apple enters the market).

See also:
• Why Meta’s Mark Zuckerberg went to Rogan: his metaverse field is failing – September 1, 2022
• Brand Deposits Worldwide Show Apple Targeting “Reality” Names for Mixed Reality Headsets – Aug 29, 2022
• Ming-Chi Kuo: Apple’s first mixed reality headset to cost at least $ 2,000; to be disclosed between January 2023 and August 8, 2022

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