Apple is riding on the crest of a wave at the moment:- News:- http://www.macworld.com/article/318...ch-a-new-ipad-pro-at-apple-park-in-april.html http://uk.businessinsider.com/apple-announcement-red-iphone-7-ipads-on-tuesday-2017-3 https://www.bullmarketboard.com/blog/2017/03/21/apple-shares-flirt-new-high/
Profile 1 Infinite Loop Cupertino, CA 95014 United States 408-996-1010 http://www.apple.com Sector: Consumer Goods Industry: Electronic Equipment Full Time Employees: 116,000 Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications. It offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers. The company also provides iLife, a consumer-oriented digital lifestyle software application suite; iWork, an integrated productivity suite that helps users create, present, and publish documents, presentations, and spreadsheets; and other application software, such as Final Cut Pro, Logic Pro X, and FileMaker Pro. In addition, it offers Apple TV that connects to consumers TV and enables them to access digital content directly for streaming high definition video, playing music and games, and viewing photos; Apple Watch, a personal electronic device; and iPod, a line of portable digital music and media players. Further, the company sells Apple-branded and third-party Mac-compatible, and iOS-compatible accessories, such as headphones, displays, storage devices, Beats products, and other connectivity and computing products and supplies. Additionally, it offers iCloud, a cloud service; AppleCare that offers support options for its customers; and Apple Pay, a mobile payment service. The company sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, iBooks Store, and Apple Music. It also sells its products through its retail and online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California. More about Apple Inc. Statistics http://finance.yahoo.com/quote/AAPL/key-statistics?p=AAPL Holders http://finance.yahoo.com/quote/AAPL/holders?p=AAPL
At close: March 23>>>> 140.92-0.50 (-0.35%) Day's Range 140.61 - 141.58 52 Week Range 89.47 - 142.80 Volume 18,528,107 Avg. Volume 27,147,866 couple days ago tested the 142.80 resistance (+ did the 52 wk high) bouncing from that but IMO it won't be too long before it will break that .... watch the support could bounce from there .. isn't one stock that I follow close so that is JMO so DD (I hold some options) longtermbull is better then me for forecast it ...... so he might add his long view thoughts
Right, you asked for it lol Take a seat, here goes:- Historically Apple has been the master of manipulating media coverage and managing analyst expectations on the downside so they can surprise on the upside. We have a new iPad on the way and a new iPhone should be ready later this year. As is the norm with Apple everything the company don't want us to know is under wraps which builds speculation and anticipation. In the short to medium term new iPads and iPhones will paper over the cracks but the long term picture is not as clear. The company has a war chest of billions but aside from taking over headphone manufacturer Beats for $3billion in 2014 it has not made a leap into the unknown. There were rumours about a merger with Tesla before the death of Steve Jobs, the company had been interested in the McLaren car group but like so many rumoured takeovers nothing has come to pass as yet. In the short term I would expect a push through resistance just over $142 although personally I think the term "better to have travelled than arrived" sums this up - buy on the rumours and sell before the facts as sometimes the facts can never live up to the hype. In the longer term we will slowly see a reduction in cash flow from traditional iPads and iPhones and the company will need to find a new business to bolt on. What this will be remains to be seen but there is only so much you can do with an iPad and iPhone before you begin to move away from your comfort zone.
How Apple can silence the haters, crush Google and Microsoft, and build a thousand-year empire http://finance.yahoo.com/news/apple-silence-haters-crush-google-120000472.html
Interesting article - Apple is in trouble in the medium to longer term without a new device/service to sell to its massive fan club. However, we all know that technology based fan clubs are "fickle" to say the least - how long before they start getting bored of iPhones, iPads, etc and move onto the new kids on the block. Love it or hate it, Facebook keeps evolving while Apple seems happy to live off its past reputation - or am I being a little harsh?
yesterday close (29/03) 144.12+0.32 (+0.22%) Day's Range 143.19 - 144.49 52 Week Range 89.47 - 144.49 Volume 27,305,554 done the 52 wk new high
