«While we believe that Apple's stock could continue to be choppy through earnings, we maintain that Apple offers an attractive combination of a
powerful consumer franchise, option value from new products and a compelling valuation,» he wrote in April 17 note.
Commenting on the investment in the brand, Gordon Johncox managing director says: «As the second biggest take - home cider brand, we know there is a
considerable consumer franchise with Frosty Jack's.
Indeed, even global investors who had a choice of investing in
global consumer franchise businesses as well as their Indian subsidiaries, would have been better off owning the Indian subs (see: Global parent vs Indian subsidiary).
With annual consumer spending rising to $ 3.5 trillion in another seven years, plus their low penetration rates,
consumer franchise businesses like Nestlé have a long way to go before they saturate the Indian markets.
To be successful,
a consumer franchise has to do a lot of different things really well simultaneously.