Apple Inc (NASDAQ:AAPL)) may be in for a all time high stock level with the release of iPhone 6 nearing.According to different analysts, Apple Inc. (NASDAQ:AAPL) may reach the 2012 levels of $100.72 of the stock. Apple would benefit from the revenues generated and the profit earned from both iPhone 6 and iWatch, so as to reach those stock prices.
Various analysts have targeted the stock to a level of around $108, revised from an earlier under $100 level. With major revenues being generated from the iPhone segment in the past, stock rise due to the iPhone 6 launch should not come as a surprise.
Apple’s iPhone had always been the company’s most profitable business and accounted for more than half of Apple’s total revenue. The iWatch would be a new Apple product. It would be the newest product since Tim Cook took charge as the CEO. How the product fares and the reception it receives from the customers, would decide if the product is a success.
iPhone 6 and iWatch Release Details
Apple have not said much about the products, but speculations are rife about the specifications of the products and the enthusiasm in the market for the same. Apple has earlier misjudged the attraction of large screen smartphones, but Apple is going to rectify that mistake with the iPhone 6. iPhone 6 would be available in two sizes-4.7 and 5.5 inches. This should lead to a higher sales worldwide, as proved by the Android phones’ in the market. Over 40% of Chinese market consist of phones 5 inches or larger.
iPhone is set to have upgraded features along with the new iOS 8 operating system. The new features like 20-nanometer A8 chip (64-bit), Healthkit app and iBeacon are set to make iPhone 6 a valuable buy among both, existing users and users who are new to the platform.
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Apple stock financial news (NASDAQ:AAPL)
iPhone 6 and iWatch are set be launched shortly. The products have seen much anticipation among the Apple fan base. How they perform under expectations remains to be seen. However, the growth in the market demand for the two mentioned products have led to the strong rise in stock’s value. The stock is expected to break it’s all time high shortly after the products are released into the market.
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