AAPL34: All About Apple Stock

2023-06-12 18:00:30

What we will see in this article:

There’s no denying that technology is present in most people’s daily lives — and the trend is for it to continue to rise. Thus, the segment attracts the attention of many investors. Anyone interested in investing in technology may be interested in AAPL34, a BDR pegged to Apple shares.

After all, the “bitten apple company” is one of the largest technology companies in the world and its results can affect the entire sector. Therefore, it is worth knowing a little more about Apple and the ways to expose your capital to the results of this market giant.

In this article, you will learn about investing in Apple and how BDR AAPL34 works. Continue reading and find out more!



What is Apple’s story?

Apple emerged in 1976, when Steve Jobs, Steve Wozniak and Ronald Wayne created the project for one of the first personal computers of the time — the Apple I. The machine was composed of a circuit board with 30 chips, in a wooden box.

To use it, the user needed to purchase a power source, keyboard and monitor. Still, it was a pretty advanced computer for its time. Shortly after the creation of Apple Computer Inc., Ronald left the partnership, which took over the Steves duo.

The company began to gain notoriety in 1977, when it launched the Apple II. This was a computer that came in a plastic case and an integrated keyboard. In the late 1980s, Apple went public on the Nasdaq, one of the main stock exchanges in the United States.

During this period, Wozniak suffered a plane crash and Jobs took over the business. In 1984, he introduced the Macintosh—one of the first computers with a monitor, keyboard, and mouse. Despite the success, in 1985 Jobs was fired and the organization went into decline.

In 1996, with Apple on the verge of bankruptcy, Jobs returned to the company’s leadership. After replacing a large part of the team, the company started to focus on innovation and . In the following years, great successes were released, such as the Mac, iPod, iPhone, iPad and MacBook.

From then on, the brand’s reputation and popularity continued to grow — even after the death of Steve Jobs in 2011. In 2002, for example, Apple products were present on all continents and each release had queues. gigantic from his legion of fans.

What is AAPL34?

Despite its grandeur and success in Brazil, Apple is not listed on the B3, which is the Brazilian stock exchange. However, this is not an obstacle if you want to expose yourself to the company’s results.

This is because it is possible to invest in the AAPL34. This is the Brazilian depositary receipt (BDR) that represents Apple shares in Brazil. It is worth knowing that the BDR is a type of certificate linked to an international investment – such as stocks, government bonds and index funds (ETFs).

For it to be available on B3, the issuance of the BDR depends on a depositary institution. In practice, this company makes the investment abroad and issues the BDRs backed by international assets. In other words, the custody of the international papers remains with the depositary.

Thus, the investor does not become the holder of the foreign investment, but of the corresponding BDR.

In this case, AAPL34 is backed by Apple shares, listed under the ticker AAPL on Nasdaq. The parity of this BDR is 1:10, which means that each Apple share backs 10 BDRs. In other words, it is necessary to buy 10 BDRs to have the equivalent of 1 share of the company.

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Earnings with BDR happen in a similar way to what happens with stocks. That is, it can generate profits if the ask price is higher than the buy price. In addition, the investor may receive dividends, as long as they are paid by the company to the shareholders.

In this case, the depositary will receive the proceeds paid and will distribute them among the owners of the BDRs. In the past, BDRs were only accessed by qualified investors (with more than BRL 1 million or with professional certification). However, now they are available to any investor.

How to invest in Apple?

Now that you’ve seen a little of Apple’s history and already know what AAPL34 is, you might want to know how to invest in the company, right? In this context, it is possible to access Apple’s securities directly and indirectly.

See what each of them is!

direct

If you want to hold Apple shares, you will need to invest directly abroad. This involves opening an account at a financial institution that makes investments outside of Brazil and offers the service to Brazilians. You can choose to Avenue Securities to open your international investment account.

After this step, you will need to convert your money into US currency, as Apple shares are traded in dollars. In addition, you will have a platform to access the North American stock exchanges and send your purchase orders.

indirect

Indirect investment in Apple shares, as you have seen, occurs with the purchase of AAPL34 BDRs, on the Brazilian stock exchange itself. To do so, you will need to open an account at an investment bank.

These institutions provide access to the home broker. Through this platform, you can trade the assets available on B3.

To invest in APPL34, it is necessary to open the home broker and search for the trading code. Then, you need to enter the amount of BDRs you want to buy and the price you want to pay.

The next step will be to send and wait for the execution of the purchase order. If there is a counterparty interested in carrying out the sale, the negotiation will be processed automatically by B3. Settlement takes place in a few days and, after the process is completed, the BDR will be part of your portfolio.

Did you see how easy it is to access Apple shares, either directly or indirectly through BDR AAPL34? So, if you are going to invest, be sure to look for a financial institution that offers complete support for investments and that meets your needs.

Need help investing in BDRs or direct alternatives abroad? Get in touch with our team at Renova Invest and see how we can help you!

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