Apple Stock News
For the latest Apple Stock News, AAPL closed at $108.84 on Friday, November 4th, with a 0.90% loss, or $0.99 from its previous close of $111.59 per share.
AAPL continues to decline following the less than exciting release of the company’s new MacBook Pro. SVP Eddy Cue of Apple sold $37.5 Mill in AAPL stock recently, which indicates that the company may be seeing a future loss. However, analysts are finding that this is a buying opportunity for bargain hunters. As the stock cheapens, more investors will flock to buy up shares at a heavily discounted price.
It’s important to take into account the time of year that it currently is. With the holidays around the corner, there is potential for the tech giant to increase revenue exponentially. Apple has consistently shown that between November to December their sales and share price have gone up because of the holiday season. There is no reason why Apple won’t see the same trend this year and with the new MacBook Pro, there may end up being a belated excitement. Apple isn’t out of the game yet, so as the price in shares decline, investors should take advantage and bolster their portfolio.
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