If Apple Inc. Does This, Shares Could Skyrocket Apple Inc. (NASDAQ:AAPL) stock has managed to hold at the $92.00 level, but the near-term upside of this $500-billion company is limited unless CEO Tim Cook can steer the maker of the hugely popular “iPhone” franchise in the right direction.
The problem is that Apple essentially derives about three-quarters of its revenue from the iPhone. This lack of revenue diversification can kill a company if not rectified.
A perfect example of focusing too much on one product was Microsoft Corporation(NASDAQ:MSFT), which, for decades, relied heavily on its “Windows” operating system and business software.
A dying PC market and move to mobile droveMSFT stock to reinvent itself as an innovator of sorts with its focus shifting to cloud applications, mobile, and gaming. The strategy shift saved Microsoft and the stock market is rewarding the stock.
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