FAANG

Smaller Enterprises Can Now Affordably Manage And Secure Devices Like Large Enterprises On March 31st, 2022, Apple officially announced general availability of its Business Essentials offering for organizations with up to 500 employees. Business Essentials provides device management features such as setup, on boarding, backup, security, support and updates for devices such as the iPhone, iPad, Mac, and Apple TV. Varying plan levels are based on number of devices and amount of storage.

Goodbye FAANG, Hello MATANA. The FAANG stocks (i.e. Facebook, Apple, Amazon, Netflix, and Google) have had a great run as the large cap digital giant leaders. However, with Facebook and Netflix facing massive declines in year over year subscriber growth, their valuations have taken a hit along with the macro conditions of rising interest rates and global instability.