Apple Stock News
For the latest Apple Stock News, AAPL closed at $113.54 on Monday, October 31st, with a 0.158% loss, or $0.18 from its previous close of $113.72 per share.
October 27th, 2016, was the day that Apple released its new MacBook Pro on the 25th anniversary of Apple’s first laptop called the PowerBook. The new MacBook Pro is available in a 13-inch and a 15-inch model. The new 13-inch model is much thinner than the previous models, measuring at 14.9 mm which is 17% thinner and only weighs 3 lbs. The 15-inch model measures 15.5 mm thick at 4 lbs.
The most exciting update is the touch bar that will replace the keys on the very top of the MacBook Pro keyboard. It is a touch, retina display that adapts to every application being used and gives you new tools and apps. Touch ID has also been added to the new model as well as the T1 chip that lets users use Apple Pay easily on their laptop.
Apple also announced another 13-inch model with lower specs and doesn’t include the touch bar, it is a cheaper option for those customers that are looking to buy a MacBook Air but will get a better machine. This model starts at $1,499. As for the 13-inch with the touch bar, the price starts at $1,799 and the 15-inch starts at $2,399. The lowest model is available for shipping now and the touch bar models will ship between 2-3 weeks.
APPL Stock Decline
So why has APPL declined in sales? The news of the new laptop hasn’t been as exciting as projected because of the price-point. Many people don’t want to spend $1,499-$2,399 on a laptop when there are Microsoft models selling for more than half the price. However, Apple is not going anywhere and future projections show APPL will continue to be bullish primarily because of the iPhone.
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