Why is Apple stock facing so much volatility?
Get the latest Apple Inc. (AAPL) stock news and headlines to help you in your trading and investing decisions. ... are likely to send GDP growth back down to the pre-pandemic level of …
Why now is a good time to buy Apple stock?
2 days ago · Well, it seems stocks have been in something of a free fall recently amidst mounting concerns over supply chain imbalances, rising inflation and impending interest rate hikes. Indeed, after a 2021...
Why Apple stocks are good stock to buy?
Dec 16, 2021 · Why Apple Stock Was Down Today By John Ballard - Dec 16, 2021 at 1:46PM Key Points Apple is delaying its return to the office after three retail stores experienced a rise in new cases recently....
What would Apple stock be worth if it never split?
Dec 14, 2021 · As of 1:30 p.m. ET, Apple stock was down 1.2%. Image source: Getty Images. So what. ... This Is the Simplest Reason to Buy Apple Stock …
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NASDAQ: AAPL
What happened
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So what
Shares of Apple ( AAPL -0.94% ) were trading down 2.4% as of 12:21 p.m. ET on Thursday after the company pushed back its return to the office for employees, according to a report from the Wall Street Journal . The recent rise in COVID-19 cases can be to blame, which also forced Apple to close three retail stores due to a spike in new cases.
Now what
Investors are high on Apple's near-term prospects. The company is coming off a strong fiscal fourth-quarter earnings report, where iPhone revenue surged 47% year over year to nearly $39 billion. Investors are also enthusiastic about the services business, which grew 25% and should contribute to improving margins over the long term.
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Looking ahead to next year, Apple is expected to launch a cheaper iPhone 5G model at a relatively low price point of $399 that could win over new converts from Android.
What happened
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So what
After enjoying an initial surge Tuesday morning, Apple ( AAPL -2.33% ) shares slipped in early afternoon trading as warring headlines took a toll on the tech stock.
Now what
The good news for Apple Tuesday was that Bank of America upgraded the stock. As StreetInsider.com reported, BofA analyst Wamsi Mohan gave Apple a buy rating and a $210 price target.
What happened
That's the good news. Now here's the bad. No sooner had Bank of America published its bullish outlook than multiple sources reported that Apple has reinstated its mask mandate within all of its U.S. retail stores.
So what
Apple ( AAPL -0.94% ) delivered powerful, estimates-trouncing results with its latest earnings release, published after market hours on Tuesday. But investors weren't satisfied, and showed their displeasure by trading the stock down slightly in post-market action.
Now what
In Apple's Q3, the tech industry giant booked net sales of just over $84.3 billion, a 36% year-over-year improvement driven largely by stronger product sales (particularly of its 5G-compatible iPhone 12 line).
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Apple regularly posts impressive growth and crushing analyst beats, so its investors are a tough and demanding audience by now.
