Apple Stock News
For the latest Apple Stock News, AAPL closed at $116.52 on Friday, December 23, 2016 with a 0.20% gain, or $0.23 from its previous close of $116.29 per share.
Projections for Apple’s future may not be so bright. Every year, Apple releases an “S” version of their new phone with certain upgrades, usually in the Springtime. After the new iPhone 8 comes out with a downgraded version, as they did with the previous release of the new MacBook Pro. However, it is rumored that Apple will no longer release the “S” versions, which will be a big hit on iPhone sales for the year. This can mean the difference of millions of iPhone sales that won’t be happening in the Spring. However, Apple may still be growing due to their new venture into more software or service areas of their company. Apple pay is continually growing as well as sales on iTunes, apple care, etc. As discussed in my previous article, this side of Apple may be the new source of revenue as the company invests more into its services and less into its hardware devices. While Apple will continue to produce iPhones, MacBooks, iMacs, etc., their software may prove more lucrative in the future.
Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.