Apple Stock News
For the latest Apple Stock News, AAPL closed at $142.27 on Friday, June 16th, 2017. It had a loss of 1.40% from its previous close of $144.29 per share.
Apple is making its best efforts to maintain high margins, as it continually adds features to their products. Sales of the current model are flat. Although it’s not all bleak, with expected demand for the next iPhone higher than ever before. A new survey released shows big things are expected from the new iPhone as Apple approach the 10th anniversary of the iPhone.
In an attempt to up its game, Apple has gone and “pouched” current Sony (SNE) employees Jamie Erlicht and Zack Van Amburg. Jamie and Zack will fill newly created positions, overseeing all facets of video programming. Their contracts with Sony expire in August and that’s when they’ll start their tenures.
Revenues are not expected to increase from Apple’s line of Mac’s, as the Apple OS X operating system has fallen. The decline looks to be due to strategy rather than competitiveness in the software.
With the next earnings report due in July, it’s expected the stock will fluctuate heavily between now and then.
Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.