Apple Stock News
Unfortunately, 2015 ended on a sour note for Apple. They are currently trading at $108.83, which is 8.7% lower than it was back in December of last year. iPhone sales, which make up over 65% of the company’s revenue also began to decline. This makes it understandable why someone would be hesitant to invest in the stock. However, there are plenty of reasons to still have faith in the top tech company in the world.
One reason to invest in Apple is that it’s been a long time since the stock was this cheap. Analysts still see earnings per share rising 6% in the upcoming year, and accelerating 10% in 2017. This makes the stock a lot less risky than it usually is.
Another reason to consider Apple is that the dividend yield currently stands at 1.9% While that isn’t particularly high, Apple’s dividend yield has gone up every year since 2012. If the stock moves lower in the upcoming year, than the dividend yield should almost definitely go well above 2%.
The last reason to invest in Apple is simply because it’s Apple, and it always finds new innovations. The company has always been extremely secretive with what its developing. Every time the company has faced adversity ( most notably with Steve Jobs passing) they have found a way to bounce back. There is no reason why it won’t continue to do so.
