Apple Stock News
For the latest Apple Stock News, AAPL closed at $113.00 on Tuesday, October 4th, 2016, with a 0.43% gain, or $0.48 from its previous close of $112.52 per share.
Google will be releasing a new phone called the Pixel and the Pixel XL that will rival the iPhone’s camera, battery life, and photo storage. Currently, phone companies are producing phones that have very little differences. Each phone company provides the same standard sizes, similar RAM, megapixels, storage space, etc., but the difference is in the details. The iPhone and the new Pixel have almost identical specs; however, the Pixel is providing better resolution and an extra megapixel for their users. One of the most important features of a phone, the battery life, is also being challenged, with the Pixel and the Pixel XL lasting hours longer than the iPhone.
With the recent release of the iPhone 7 and the iPhone 7 Plus, Google’s marketing strategy is ingenious. Although the new phone release may put a damper on Apple stock, the iPhone 7 is still in high demand and is even higher than expected. This may offset the new competition from Google. Apple is still the leading cell phone manufacturer and has a distribution network that Google may have a hard time competing with.