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Apple's price-to-earnings ratio is now 36
But the actual dividend yield is only 0.4%
If I want to rely on Apple's annual dividend payouts to buy an iPhone, achieve iPhone financial freedom, and live an Apple lifestyle
I need to hold about 1,000 shares of Apple stock, which is roughly $300k
If I buy AppleCare and replace the device every year, I only need to hold 400-700 shares
#AppleLife