Apple Stock News: Reflecting on Q3 2017

Apple Stock News

For the latest Apple Stock News, AAPL closed at $159.34 per share on, August 2nd, 2017. It generated a return of 6.23% from its previous close on August 1st, 2017, when it closed at $150.00 per share.

apple stock news

Apple opened the current trading day at a record high to push its market capitalization to over $830 billion, on the back of an explosive fiscal third quarter quarterly report. APPL was able to beat expectations and estimates concerning both top-line revenue (expected to be $44.89 billion while the company returned $45.4 billion) and bottom-line earnings (expected to be $1.57 per share while the company returned $1.67 per share, or $8.7 billion). Additionally, what is arguably the most mind-boggling data point in this quarter’s report is Apple’s cash balance of $261.5 billion. Suffice it to say Apple continues to solidify its spot as the largest and most valuable company on the planet (by market cap).

Low expectations were set out for Apple from the beginning, as rumours of a “lame-duck” quarter – whereby – were floated in anticipation of the much-awaited iPhone 8 release date in September. The major concerns facing the company are its related ability to create new products and the point (if any exists) at which existing product lines will decline in value or demand; for example, the iPhone 8 represents a new instalment of the now 10-year-old smartphone. This latter issue is the major question filling the heads of financial market participants and existing and potential Apple customers regarding the iPhone 8. Will the new modifications to the product really be worth the approximate $1,100 price tag? Will the phone be radically different to justify this cash outlay?

In addition to the recent narrow focus on the iPhone product line, iPad sales were also very impressive with 15% growth fo 11.4 million, whereas expectations sat more closely to 9 million. Products aside, Apple’s services business segment also generated strong growth of 22% to $7.3 billion in sales; an all-time quarterly high for the company. These landmark, easily-recognisable, and unmatched Apple stores now represent a $27.8 billion business for the company.

All things considered, it is absolutely a positive sign to see that the tech giant that is Apple is still able to beat expectations and deliver strong and reaffirming performance. As a 41-year-old company with a relatively fixed number of products to date, there have been concerns surrounding the future of Apple and the possibility of its ultimate decline or demise. Numbers like these, however, tell a different story.

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Apple Stock News: MobileFun Reveals New iPhone8 Features

Apple Stock News

For the latest Apple Stock News, AAPL closed at $145.82 on Monday, June 26th, 2017. It had a loss of 0.33% from its previous close on June 23, 2017, at $146.31 per share.

Apple stock news

Source: https://cdn.macrumors.com/article-new/2017/05/iphone-8-benjamin-geskin-800×666.jpg?retina

This past week, information on Apple’s latest prototype leaked from MobileFun. The website posted the first protective cases for the iPhone8.  As it had done already with its precursor, the iPhone7 and with the Galaxy S8, this revealed Apple’s main new features.

Apparently the new iPhone will include a larger than before display of 5.8 inches, a vertically aligned dual camera and no home button, which will be likely integrated as a touch element. A “cut-out” at the top of the display will include the front camera and sensors. These latest changes have the potential to radically transform the iOS 11 with a new “Function Area”. That could renovate the way users receive and interact with notifications.

Despite positive sales predictions whether these changes will turn into a success or not will depend on consumers’ willingness to pay the high listing price of at least $1,000. However, given Apple’s brand recognition and higher customer loyalty, Apple expects to repeat its success. Competitors may be offering more affordable options but consumer’s still seem willing to pay a premium for Apple products.

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Apple Stock News: iPhone 8 expected to be sold more than 1000 euros

Apple Stock News

For the latest Apple Stock News, AAPL closed at $132.04 on Wednesday, February 8, 2017 with a 0.8% gain, from its previous close of $131,96 per share.

Apple Stock News

Only Apple could sell a phone above the critical thousand euros bar. And this price would be for the basic version. The new technologies employed by Apple could be very expensive. This is the case of some components, such as OLED screens or TouchID captor. And that’s not all. Users would also be able to reload their phone on a perimeter of 5 km. This would explain the price of the iPhone 8. That is just the price for the United States market. In Europe, it will be more.

However, Apple must do a great job with its flagship product. So, it must make an impression on customers. Perhaps, this is why Apple put such expensive components in its new iPhone. To balance with expensive components, the design might be similar to the iPhone 5. Despite the similarity, the phone’s design will be updated and improved. The only thing that remains is to wait until the release of this exciting new iPhone.

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