Apple (NASDAQ AAPL) remains a top stock. It has done little wrong in the last few quarters. Much of the success of Apple (NASDAQ AAPL) stock is due to the success of Apple iPhone 6. The most recent smartphone from Apple has certainly been the most successful in the iPhone series. It has really taken the Apple stock to great levels.
Here we will take a closer look at the Apple (NASDAQ AAPL) stock. It would be interesting to see how the stock might react to the market stimulus. Apple iPhone 6 had a major impact on the stock since its launch.
It remains the single most important stock in the market today. Therefore we will take a look at how the product has fared and how it might fare in the coming weeks.
Apple Inc (NASDAQ AAPL): iPhone 6
Apple (NASDAQ AAPL) released the iPhone 6 back in September last year. The smartphone did capture the imagination of much of the user base. Most changes had a positive impact on the stock performance and the stock came a long way from the low levels of $90.
iPhone 6 has particularly done well in the US markets. It has made a solid base there. By the end of the last quarter, around 94 Million users were there of iPhones and out of the around 38 were iPhone 6 users. 40% users have upgraded their phones to iPhone 6. A new lightening dock was also introduced.
Apple Inc financial news (NASDAQ AAPL)
Apple (NASDAQ AAPL) has been a top performing stock in the current market conditions. The stock has reached the levels of $130-132 and looks primed for $140. The analysts have been debating about the stock’s potential to reach $150. If that does happen, it would be a major breakthrough for Apple. Stay tuned for further stock updates.
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