Apple (NASDAQ AAPL) has been a top performer in various segments for the past year. After successfully dominating the smartphone market through iPhone 6, Apple have also taken a keen look at the Cloud Segment of the market. It would be interesting to see more about the ambitions of Apple in this upcoming Cloud segment. Lately, Apple had been facing some issues and the cloud service had temporarily taken a hit. We will look at it in more detail.

Here in this article, we will take a closer look at the Apple (NASDAQ AAPL) stock. Apple has not only had a good start to this year, people have been expecting big things from the stock in the coming days. Apple has been working on a lot of key areas, cloud being one of them. We will take a close look at it here.

Apple Inc (NASDAQ AAPL): iCloud

Last week, Apple users from around the world reported a problem with the Apple iCloud services. Users of both iPhone and iPad, reported that they were not able to use the resource or the resource was too slow. Later on the same day, after acknowledging the problem, Apple also brought in a solution.

Apple did not explain the reasons behind the outage of the iCloud service, however they were quick to respond and came with a solution within a few hours. A lot of iCLoud services were reportedly affected and this whole event puts a big question mark about the potency of Apple iCLoud as a service in itself.

Apple Inc financial news (NASDAQ AAPL)

Apple (NASDAQ AAPL) remains a great stock to have in any portfolio. The long term and short term targets for the stock both convey the same meaning- Apple would be having a good time in the coming weeks and months.

Currently trading at the levels of $125, the stock has been projected to reach $135. Whether it will reach those heights, remains to be seen. Stay tuned for updates.

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