Recent News About The Famous Apple Stock
Apple is a famous company that is manufacturing various products like electronics, services, and other related accessories. This company is famous among the customers as the quality of the products will be high. Investors can able to trade this stock under the stock symbol of AAPL on the stock exchange. The AAPL stock news that has recently arrived is that they have faced a decrease in the market value after the hype in September month. This reduction in the value is normal, and this does not give an impact on the company and also the investors. The CEO of the company also has announced that their team will work hard to increase the revenue the price of the stock.
Increase even in a pandemic situation
The global pandemic situation is the main reason for the drop in the share markets for various companies. Many of the investors also have faced financial problems after this. Even during this kind of situation, this company has gained a good profit as this is providing the online selling opportunity and also the good quality service. The company is keen on providing the new advanced versions in the electronic and other items. Thus, the company will give good revenue in the upcoming years.
Massive reach in September
The company has announced the earnings report for the last quarter, and in it, the stock has gained a good profit. Hope in the upcoming years also the company will increase the revenue by thirteen percent each year as they have done till now. The September reach is the unbelievable one, and even though after the release of the iPhone 12 it has faced the fall, the stock will definitely take up gradually and give a good reach in the upcoming years. Thus the earnings per share of the current year will be 74 cents, which is less than the last year. Thus in the recent AAPL stock news, it has indicated that the fourth-quarter results of the company have faced a slight fall. But this does not mean that the investors should not buy.
The stock has performed well for the past many years in the stock market. So hope it will come back strongly in the upcoming months. The shares of the company are 114 million, with a market capitalization of approximately two trillion dollars. This indicates how big the company is, and also, the investors will receive the dividend, which will be the encouraging one. Thus if you are the person who has failed to add this apple stock to your portfolio, then this is the right time for you to gain the knowledge.You can check more information like balance sheet at https://www.webull.com/balance-sheet/nasdaq-aapl.
Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.