Apple's Beats brand in April unveiled the Powerbeats Pro, a redesigned wire-free version of its popular fitness-oriented Powerbeats earbuds.
Apple's Stock Sets First New All-Time High Closing Price in Nearly Two Years
Apple's stock set a new all-time high closing price of $133.29 today, eclipsing a previous record of $133 set on February 23, 2015. The stock still remains around $1 off its true all-time high of $134.54 set on April 28, 2015.
Apple's stock has been steadily rising over the past four months, particularly since the company reported record-breaking earnings results, including revenue of $78.4 billion and net quarterly profit of $17.9 billion, in late January. The stock rose over $7 in a single day following the January 31 results.
Apple analyst Brian White of investment firm Drexel Hamilton has persistently said AAPL remains "one of the most underappreciated stocks in the world," and his target price for the stock is $185. Steven Milunovich of UBS and some other analysts have also said the stock is undervalued in recent weeks.
Apple's stock has rebounded significantly since dropping to a 52-week low of $89.47 last May. The price was likely impacted by Apple's comparably lackluster 2016, which marked the company's first year-over-year decline in annual revenue since 2001 after 51 consecutive quarters of uninterrupted sales growth.
Apple is the world's most valuable company with a market capitalization approaching $700 billion.
Apple's stock has been steadily rising over the past four months, particularly since the company reported record-breaking earnings results, including revenue of $78.4 billion and net quarterly profit of $17.9 billion, in late January. The stock rose over $7 in a single day following the January 31 results.
Apple analyst Brian White of investment firm Drexel Hamilton has persistently said AAPL remains "one of the most underappreciated stocks in the world," and his target price for the stock is $185. Steven Milunovich of UBS and some other analysts have also said the stock is undervalued in recent weeks.
Apple's stock has rebounded significantly since dropping to a 52-week low of $89.47 last May. The price was likely impacted by Apple's comparably lackluster 2016, which marked the company's first year-over-year decline in annual revenue since 2001 after 51 consecutive quarters of uninterrupted sales growth.
Apple is the world's most valuable company with a market capitalization approaching $700 billion.
Tag: AAPL
[ 114 comments ]
Top Rated Comments
(View all)
33 months ago
You can only run on fumes for so long.
[MEDIA=youtube]_1rXqD6M614[/MEDIA]
[MEDIA=youtube]_1rXqD6M614[/MEDIA]
33 months ago
You can only run on fumes for so long.
If you believe that 2017 Apple is "running on fumes" you have no understanding of the firm, at all.
Apple is in the process of cornering all the core technologies they will need for the next generation products. Silicon? No rivals. Industrial processes? No rivals. Accessibility? No rivals. Health team? No rivals. Stores and support? No rivals. Maps? Getting better and better. AR and AI? Beefing up the teams with dozens af acquisitions.
Apple will be around much longer than all of us.
33 months ago
If you believe that 2017 Apple is "running on fumes" you have no understanding of the firm, at all.
Apple is in the process to cornering all the core technologies they will need for the next generation producds. Silicon? No rivals. Industrial processes? No rivals. Accessibility? No rivals. Health team? No rivals. Stores and support? No rivals. Maps? Getting better and better. AR ans AI? Beefing up the teams with dozens af acquisitions.
Apple will be around much longer than all of us.
33 months ago
You can only run on fumes for so long.
[MEDIA=youtube]_1rXqD6M614[/MEDIA]
Or, you can only claim that Apple is running on fumes for so long.
[ Read All Comments ]
T-Mobile appears to be experiencing a significant outage, with many T-Mobile customers unable to make calls or send text messages, reports TechCrunch.
Based on reports on Twitter and other...
Amid all the online chatter about Apple Card, you may have come across references to the "arbitration clause" in Apple's agreement, and how you should opt out of it if you intend to apply...
Over on our YouTube channel, we have an ongoing video series that's designed to highlight new, interesting, and useful iOS apps that we think are worth downloading and checking out
There are...
Apple today released a new update for Safari Technology Preview, the experimental browser Apple first introduced three years ago in March 2016. Apple designed the Safari Technology Preview to test...
Well-known accessory makers Anker and Aukey have introduced many new discounts this week, offering notable sales on helpful Apple accessories like wireless chargers, portable batteries, Lightning...
Apple today seeded the eighth beta of watchOS 6, the software that runs on the Apple Watch. The new beta comes a week after the seventh beta and over two months after Apple first unveiled the new...
Twelve South today announced the all-new Journal for iPad Pro, a new leather case made specifically for the 11-inch and 12.9-inch iPad Pro models.
Journal for iPad Pro includes a built-in...
There are quite a few discounts on the MacBook Air going on this week, including models from late 2018 and mid 2019. Sales can be found at Best Buy and Amazon, with as much as $350 off...
