Apple (NASDAQ AAPL) is one stock which is very bullish in the current markets. After tasting a lot of success through iPhone 6, Apple would be hoping to diversify into other ventures which are equally successful if not more. Apparently, Apple TV would not be one of them. With the release of Apple Watch, Apple would have been hoping for same from the likes of Apple TV, however it may not happen that way for Apple.
Here in this article, we will take a closer look at news related to the Apple (NASDAQ AAPL) stock. The stock has been trading at a rather high level. The analysts still remain bullish on the stock. We will take a closer look at the Apple TV product from Apple. All of this should make for an interesting read.
Apple Inc (NASDAQ AAPL): Apple TV
Apple TV has long been on the radar of the Cupertino Based Giants. People have long been waiting for the product and it had to be on the horizon of the company which has been looking to get into as many areas as possible. Previously expected to come in 2016, the fact that Apple TV would not see the light of the day, seems like a hard pill to swallow.
Apple has reportedly lost interest and site of this Apple TV product of theirs. There was also a delay in production of the TV due to problems with the content available for the device. A lack of killer features is also looked as a reason for the perceived failure.
Apple Inc financial news (NASDAQ AAPL)
Apple (NASDAQ AAPL) has been a great stock in the past few months. The stock is currently trading at $125 and it should reach at least $10 higher than the current levels. It would be interesting to see how the stock reacts to the coming market conditions. Stay tuned for further updates.
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