New Apple launches & the Year of Naspers
Quite a few companies reporting this week - AVI today, Aspen and Impala Platinum on Thursday, Richemont on Wednesday. It's the launch of the Apple iPhone 8 tomorrow, plus several new products including a new version of the Apple Watch and Apple TV. The iPhone is about two-thirds of Apple’s revenue with the share up 37% this year, making them the world’s most valuable company. The JSE All Share is up 12% for the year. Naspers is up 42% this year and makes up close to 20% of the index.