Shares of Apple rose 3.13% to $130.57 at 14:36 EST on Thursday, following last session’s downward trend. NASDAQ Composite is rising 2.33% to $13,037.96, following last session’s downward trend, This seems, as yet, an all-around positive trend trading session today.
Apple’s last close was $126.60, 6.30% below its 52-week high of $138.79.
Apple’s sales growth is 15.5% for the ongoing quarter and 25.4% for the next. The company’s growth estimates for the current quarter and the next is 11.2% and 37.5%, respectively.
Year-on-year quarterly revenue growth grew by 1%, now sitting on 274.52B for the twelve trailing months.
Apple’s last day, last week, and last month’s average volatility was a negative 3.48%, a negative 1.28%, and a positive 0.17%, respectively.
Apple’s last day, last week, and last month’s high and low average amplitude percentage was 3.70%, 3.18%, and 2.60%, respectively.
Apple’s Stock Yearly Top and Bottom Value
Apple’s stock is valued at $130.57 at 14:36 EST, under its 52-week high of $138.79 and way higher than its 52-week low of $53.15.
Apple’s Moving Average
Apple’s worth is higher than its 50-day moving average of $124.91 and way higher than its 200-day moving average of $113.78.
Previous days news about Apple
Apple veterans’ lidar startup adds $200 million to SPAC deal. According to Bloomberg Quint on Monday, 4 January, "Salehian, who helped develop the Apple Watch during his almost five years as a product manager at the tech giant, says Aeva has an edge in consumer devices because its tech can be fit onto a chip small enough for tablets and smartphones, as well as the bulkier boxes used for automotive lidar."
Apple leads big-tech slump with worst drop since October. According to Bloomberg Quint on Monday, 4 January, "Technology megacaps including Apple and Amazon, which were among the top performers last year, were particularly hard hit in the sell-off, which was driven by concern that a surge in coronavirus cases could crimp the nascent economic recovery."
A $21 billion wager on who’ll build the Apple car. According to Bloomberg Quint on Tuesday, 5 January, "Even if Apple doesn’t come knocking, the manufacturer is already advising tech groups and start-ups looking to enter the automotive business, and investors have taken notice.", "If Apple were to become a Magna customer it would drive the same hard bargain as it does with Foxconn, whose operating margins have shrunk to about 2%."
Apple supplier murata expects half billion 5g phones in new year. According to Bloomberg Quint on Tuesday, 5 January, "Murata Manufacturing Co., the world’s biggest maker of ceramic capacitors for Apple Inc. and other smartphone brands, expects demand for fifth-generation wireless devices to surpass 500 million handsets in the coming fiscal year, building on a rush to replace Huawei Technologies Co. in the global consumer arena.", "Ace Research Institute’s Hideki Yasuda doesn’t expect demand from Apple and its ilk to drop at any point in this calendar year, fueled by stronger-than-anticipated consumer appetite for 5G phones. "
Apple CEO Tim Cook's 2020 total compensation up 28% to $14.77 mln. According to Business Insider on Wednesday, 6 January, "However, the Compensation Committee will use the modifier to determine whether to increase or decrease the bonus payouts by up to 10% based on the Compensation Committee’s evaluation of named executive officers’ performance with respect to Apple Values and other key community initiatives during 2021.", "Those regularly reports cover the alignment of the program with the company’s potential antitrust risks, and the effectiveness of the program’s design in detecting and preventing antitrust issues and promoting compliance with laws and Apple policies."
Apple CEO Tim Cook's pay jumped in 2020 as remote work lifted profit. According to The Wall Street Journal on Wednesday, 6 January, "For Chief Executive Tim Cook, that meant his cash bonus rose 40% last year to $10.7 million, Apple said Tuesday in its annual proxy filing with the Securities and Exchange Commission. "
Green dot, fintech partner to Apple and Amazon, is still undervalued after stock doubled, CEO says. According to CNBC on Wednesday, 6 January, "After acquiring a small FDIC-backed bank, Green Dot became the de facto partner for tech giants including Apple, Uber and Amazon, providing the regulated banking rails and deposit accounts for products including Apple Cash."
Apple users spent $1.8 billion on apps in last week of 2020. According to Bloomberg Quint on Wednesday, 6 January, "Last month, Apple began a new program that slices the fee for developers to 15% of sales, down from 30%, for those that make $1 million or less in annual App Store revenue.", "In a statement Wednesday, the iPhone maker also highlighted the performance of a few of its other services, but didn’t share subscriber numbers for some of the most important offerings, including Apple Music and Apple TV+. "
Apple fitness+ vs. Peloton: how do they stack up?. According to Business Insider on Wednesday, 6 January, "Peloton’s moat is its content, with the company releasing 130 workouts over the last week relative to 24 by Apple Fitness+, adding to its considerable library lead, the analyst said.", "Peloton TopsApple In Awareness: Awareness of Apple Fitness+ stood at 52% of the respondents compared to a relatively stable 68% for Peloton, McTernan said."