Apple cutting R&D expenses after Meta Platforms, but strong return on capital
From Nasdaq: 2024-04-06 07:07:00
Apple’s highly anticipated Vision Pro headset release has not boosted investors’ confidence as regulatory issues and slowing revenue growth plague the company. Apple is cutting back on R&D expenses, following Meta Platforms’ transparency in the same move. Despite this, Apple’s return on invested capital remains strong, indicating future innovation potential. The Motley Fool advises investors to consider other stocks over Apple.
Read more at Nasdaq: Apple Winds Down Spending in 1 Key Area Where Meta Has Been Surprisingly Transparent