Apple Stock

AAPL stockApple Inc. May Target $1.0-Trillion Mark in 2017

Apple Inc. (NASDAQ:AAPL) is the most valuable consumer technology company in the world, sitting on a market capitalization of about $700.0 billion. With products like the “iPhone,” “Mac,” “iPod,” “Apple Watch,” and “Apple TV,” and service offerings like “iTunes,” “iCloud,” and “Apple Pay,” Apple Inc. has built a formidable ecosystem that keeps its customers engaged. The smartphone maker has more than a billion active devices around the world and has a lot to prove in the year 2017. AAPL stock is expected to touch new highs in the coming year.

The year 2016 was the time when it became clear that the Apple juggernaut may not be sustained on the shoulders of its iconic smartphone alone. Sales of the iPhone declined for the first time and investors started getting jittery, sending Apple stock into a downward spiral. However, as the new year 2017 begins, AAPL stock appears to be resurgent on bullish sentiments surrounding the growth in the company’s “Services” business.

Moreover, expectations are high on the release of the next generation iPhone to be launched in the fall of 2017. As Tim Cook has hinted at on multiple occasions in the past, Apple seems to be betting big on the technology of the future—Augmented Reality (AR). There is excitement surrounding the new Apple iPhones, which are likely to be AR-capable, and this is expected to provide a big boost to both iPhone sales and Apple Services in the new year.

Apple stock investors would also keep an eye on what’s happening with the Apple Watch and Apple TV. With the renewed focus on services, Apple Inc. has started the year 2017 on a high note.

We are about a quarter through the second-quarter earnings season, and so far, the S&P 500 companies have not delivered to traders. We are seeing soft revenue growth or declines across the board despite the fact that about 65% of the reporting S&P 500 companies have beaten earnings…

With the recent corporate earnings release from Apple Inc. (NASDAQ/AAPL), many investors are unsure how best to trade the stock. Before we get to that, let’s take a closer look at the corporate earnings the firm posted. The common thread in the disappointing corporate earnings release from Apple…

China loves brand names. The top brand in the country is Apple Inc. (NASDAQ/AAPL), as is the case in Japan and Taiwan, according to Nikkei BP Consulting. Apple is the second top brand in South Korea. Apple is the most desirable PC brand in China and one of…

Apple Inc. (NASDAQ/AAPL) will report its fiscal third quarter on July 24, but the real excitement for the company will be the second half, when Apple releases the highly anticipated “iPhone 5,” an “iPad” mini (to challenge smaller tablets), and the next version of “Apple TV.” I recently…

Technology stocks are in a constant battle for the wallets of consumers in the retail sector. The ecosystem built by Apple Inc. (NASDAQ/AAPL) through its “iOS” (operating system) has been a huge favorite with consumers in the retail sector. This uniform operating system is important for technology stocks,…

Apple Inc. (NASDAQ/AAPL) is the king of smartphones, but Microsoft Corporation (NASDAQ/MSFT) wants a big piece of the sector. In fact, Microsoft announced last Monday it would pay $300 million for a 17% stake in a new division of troubled Barnes & Noble, Inc. (NYSE/BKS) that includes the…

Steve Jobs would be quite pleased if he were still alive. Apple Inc. (NASDAQ/AAPL), which has been on a steady downward move, down 13.28% since trading at $644.00 on April 10, surged over seven percent on Tuesday following a blow out fiscal second quarter. The report showed why…

The trajectory of Apple Inc. (NASDAQ/AAPL) helps determine the movement of the NASDAQ. When Apple lost seven percent in five sessions from April 10 to below $600.00 on April 16, the NASDAQ lost some ground and breached support at 3,000. Contrary to what some nervous traders believe, Apple…

The shares of Apple Inc. (NASDAQ/AAPL) cracked $600.00 last Thursday and the company had a market-cap of $561 billion, making it the largest in the world based on market cap. Analysts and investors are scrambling to see how high the stock can go having already surpassed its one-year…

I recall back in 1999 when I came across a small Canadian technology company that had developed a unique smartphone with real-time e-mailing. At that time, e-mailing was still largely confined to computers, so I thought this was a novel concept that had growth written all over it.…

The recent report on corporate profits from Apple Inc. (NASDAQ/AAPL) blew away analysts and investors with how strongly the company’s products are selling to the retail sector. For a company with a market capitalization of over $424 billion, it’s amazing at the rate it’s still growing. The question…

The big news on Wednesday was the passing of Steve Jobs, the visionary who led Apple Inc. (NASDAQ/AAPL) to new heights. But with his death, the future of Apple will be the constant subject of debate. The concern obviously will be the ability of Apple to continue to…

Apple Inc. (NASDAQ/AAPL) is to the technology world what Microsoft Corporation (NASDAQ/MSFT) was in the 90s. The stock traded at a record $415.00 on Tuesday and, in my view, could be heading for $500.00 within a year. The market capitalization of $382 billion makes Apple the biggest company…

On August 15, Google Inc. (NASDAQ/GOOG) announced that it was acquiring Motorola Mobility Holdings, Inc. (NYSE/MMI) in a $12.5-billion, or $40.00-per-share deal, representing a huge 60% price premium to the previous close. The key to the deal was the enormous resource of patents held by Motorola, which is…

By George Leong, CFP, MBA — The Leong Side of the Market column Markets closed higher for the third time in four sessions to begin March. The major stock indices continue to hold above the technical support levels, but trading remains on the cautious side, as markets are…

As hard as it may seem to believe, every once in a while in this dry business you hear or see something that just makes you laugh. And I was definitely laughing last week when I read this on a newswire: U.S. Vice President Dick Cheney told a…