Apple Stock News
For the latest Apple Stock News, AAPL closed at $143.68 on Wednesday, April 26, 2017. It had a loss of 0.47% from its previous close of $144.54 per share.
It’s been two years since the launch of the Apple Stock Watch introduced by the CEO Tim Cook.
After the launch of the iPad in 2010, Apple explored the concept of the Apple Watch and its potential applications. Although the watch has not shared the same success as the iPhone, Apple continues to look for ways to diversify its product lines. Currently, Apple Watches are listed under a vast part of Apple sales called “other products”. Aware of Apple Watch sales, the company may start exploring new options to not only boost sales, but the watch’s features.
It’s true that sales were bumping in the first place. “Other products” represent only 5% in the last quarter earnings unveiled by Apple in 2015. In this vague category, Apple indicated the presence of “Apple TV, Apple Watch, Beats products, iPod and Apple-branded and third-party accessories” (Quartz). Perhaps overtime, customers may see a new Apple Watch with new features and benefits.
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