Tim Cook, the CEO of Apple Inc. speaks about the upcoming iPhone in Steve Jobs theatre in California, USA. He talks about the iPhone 11 that will be replacing the XR. The price for this iPhone would start from $699. The shares of the Apple market how’s been exceeding expectations add the S&P 500 with an average of 13 points within the six months after the iPhone launch event ask for the data reported by Morgan Stanley.
How has the stock market for Apple been doing?
So far, it is being reported that the Apple(AAPL) stock market is really well and has gained up to a decent level of percentage, which is resulting in the profit of the Apple stocks. Despite being struck by the pandemic for two whole months, Apple has now been able to resume its supply chains and mass productions for its products. The recent stock split made by Apple for its stock purchases for the investors had resulted in a splurge in buying or stocks for Apple during the end of August because of how important the opportunity was for the investors.
As per the current reports of the quarterly earnings of Apple as of June, it is reported asAAPL news that the shares for Apple have been increasing and having considered in the record-high territory. The present pullback in Apple stock has left many investors in question whether it is a good time to buy stocks for Apple or not.
History of Apple
Apple has a history of success repeatedly because of being led by professional and talented visionaries as well as business magnate, such as the CEO and co-founder of Apple Steven Paul Jobs. The present CEO of Apple, Tim Cook, has also been playing an essential role in driving the company to success.
When Apple was under the control and leadership of Steve Jobs, the brand new iconic Apple product such as the iMac, iPod, iTunes, App Store and many more had been innovated. And we all know for a fact that these products now play an essential role in making our communication and technological needs met.
The largest driver of the success for Apple Inc. continues to remain the iPhone series which update every year an Apple releases a new model as well. Now because of the new release of the iPhone 12 series which are going to be installed with 5G technology, are going to mark a new achievement and a milestone for Apple Inc. If you want to buy the Apple stock, you can check its balance sheet at https://www.webull.com/balance-sheet/nasdaq-aapl.
