Close menu




Apple

Photo credits: pixabay.com

Commented by Jens Castner on November 2nd, 2026 | 05:41 CET

Apple and Ferrari face their moment of truth – Almonty is already delivering

  • Smartphones
  • Sports cars
  • Critical raw materials
  • Hardware
  • Automotive industry
  • Tungsten
  • Defence
  • Technology
  • Analysts
  • Apple
  • Ferrari
  • Almonty Industries

For two of the world's most valuable brands, the moment of truth comes this week. On Monday evening, Apple will report its results, for the first time under its new CEO John Ternus. Ferrari follows a day later. After the sharp falls in Alphabet and Amazon shares, nervousness on Wall Street is high. P/E ratios above 30 leave no room for disappointment. The situation at Almonty Industries is quite different. The tungsten producer's shares have more than halved since September, even though the news could hardly be better. The first commercial shipment from the Sangdong mine in South Korea has been dispatched, and exports are also underway in Rwanda. With a P/E ratio of 6.5, the shares cost only a fraction of those of Apple and Ferrari.

Read