Apple Forecasts based on a Predictive Algorithm
Apple Stock Summary: Citigroup published a new price target of $300 for Apple stock, a 20% increase compared to its previous price target of $250.
Typically, Apple is the go-to company for introducing revolutionary ideas that change the way society operates. From the iPhone, iPod and Apple TV, the world
“The worlds most famous and popular language is music” – Psy As of this week, Apple Music has surpassed Spotify’s paid subscriber count in the
Four months after Apple released “Apple Music”, the silicon valley tech company has already begun to compete with the major music streaming services, Spotify and Pandora.
Apple launched its flagship music sharing service as little as three months ago, and with is offered every user a three-month trial period. Tim Cook’s promotional strategy has seemed to have paid off as the service now boats an impressive 15 million user base, out which 6.5 million are paying customer.
Apple changed plans on Sunday night not to pay artists during a three-month free trial period for its music streaming service that it would offer its loyal customers. This comes after Taylor Swift published a Tumblr post publicly shaming the company, claiming that artists would not ask for free iPhones so Apple shouldn’t ask for free music. The same day, Apple executives led by Eddy Cue announced that the company had changed their stance and would pay artists during the free trial.
At the World Wide Developers Conference on Monday, Apple’s biggest reveal was saved for last. The music streaming service Apple Music was finally revealed, and it will be made available to customers on June 30th. So far, the service has been met with skepticism, as analysts are unsure of whether it will be able to overtake competitors and dominate the market. Apple has some advantages over the others, however, and should be able to succeed because of them.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
I Know First-Daily Market Forecast, does not provide personal investment or financial advice to individuals, or act as personal financial, legal, or institutional investment advisors, or individually advocate the purchase or sale of any security or investment or the use of any particular financial strategy. All investing, stock forecasts and investment strategies include the risk of loss for some or even all of your capital. Before pursuing any financial strategies discussed on this website, you should always consult with a licensed financial advisor.
