Apple Stock News
For the latest Apple Stock News, AAPL closed at $116.76 on Wednesday, December 28, 2016 with a 0.43% loss, or $0.50 from its previous close of $117.26 per share.
As the year comes to a close, AAPL has steadily gone back up in the charts, apart from the most recent dip. Next month, which is also next year, AAPL will be reporting its quarterly earnings on the 24th. This quarterly report can either paint a promising picture for Apple in the new year, or it can cause a drop in shares of AAPL. Lately, many consumers are questioning how long Apple will continue dominating in the tech industry because of the less than lustrous iPhone 7 release. However, most analysts still see Apple as a leader and continue to assigning Apple with a “buy” rating. In fact, 39 of brokerage firms have rated Apple with a buy or better rating, with 1 sell rating and 0 underperforms.
Apple is a company that will be around for a very long time, even if the iPhone isn’t the item everyone is buzzing about. They are resilient and will find another platform to build upon while still upgrading their most sought after phones.
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