Technology Sector Ideas

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Apple (AAPL) - >>> Apple investors have enjoyed immense returns during the past two decades as the company has risen to become one of the biggest and most profitable in the world. Apple's powerful brand makes it the most lucrative consumer electronics provider and one of the most reliable companies to own for the long term.

The foundation of Apple's success is the iPhone, which has enormous user loyalty and generates more than half of Apple's sales. Much of the company's growth in services is derived from its massive iPhone user base since customers use their smartphones to stream music and movies, play video games, store data, and access media content from thousands of third-party publishers in the App Store.

Apple is also in an enviable position going forward. The deployment of 5G mobile networks in many markets is likely to boost sales of the iPhone, which made its debut with a 5G chip in late 2020 with the iPhone 12.

Apple's gradual growth, paired with its increasing dividend payout, is an attractive combination. The stock's dividend yield may be somewhat low, but the company's dividend payout comprises less than 20% of Apple's cash flows, meaning that continued dividend growth is likely. Apple has been raising its dividend every year since it was instituted in 2013. When looking for blue chip stocks that dole out regular and rising income, Apple is a top choice.

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