Shares of Apple jumped 2.77% to $142.92 at 16:36 EST on Monday, after four consecutive sessions in a row of gains. NASDAQ Composite is jumping 0.69% to $13,635.99, after four successive sessions in a row of gains. This seems, up to now, a somewhat positive trend exchanging session today.
Apple’s last close was $139.07, 1.51% below its 52-week high of $145.08.
News about Apple today
Apple and Alphabet lead megacap tech to records ahead of results. According to today’s article on Bloomberg Quint, "Megacap technology and internet stocks rose on Monday, with names like Apple Inc. and Google owner Alphabet Inc. extending advances into record territory as optimism rose about their upcoming earnings results.", "Among Monday’s notable gainers, Apple rose 4.3% and was on track for its fifth straight advance. "
Apple price target gets a boost at raymond james. According to today’s article on MarketWatch, "Raymond James analyst Chris Caso boosted his price target on shares of Apple Inc. to $150 from $140 Monday, writing of an upbeat dynamic that could play out in the company’s upcoming earnings report. ", "He’s also optimistic about sales of AirPods, Apple Watches, and Macs, noting that he’s seen "consistent positive supply-chain revisions." Looking beyond the latest quarter, Caso expects the 5G iPhone to be a "two-year cycle" with positive trends carrying into Apple’s next fiscal year. "
Evercore raises Apple target to $160 on prospects for Apple car. According to today’s article on Bloomberg Quint, "The company also is investigating building its self-driving-car system for a third-party partner rather than an Apple vehicle, according to people with knowledge of the efforts.", "Daryanani sees "increased probability" that Apple could introduce an autonomous electric vehicle in the next five years and make money from providing passengers with an array of services. "
Apple’s sales growth is 16.4% for the ongoing quarter and 27% for the next. The company’s growth estimates for the current quarter and the next is 12.8% and 40.6%, 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 1.61%, 1.54%, and 0.39%, respectively.
Apple’s last day, last week, and last month’s high and low average amplitude percentage was 3.58%, 2.67%, and 2.60%, respectively.
Apple’s Stock Yearly Top and Bottom Value
Apple’s stock is valued at $142.92 at 16:36 EST, below its 52-week high of $145.08 and way above its 52-week low of $53.15.
Apple’s Moving Average
Apple’s value is way above its 50-day moving average of $129.37 and way above its 200-day moving average of $117.14.
Previous days news about Apple
Apple plans thinner MacBook air with magnetic charger in mac lineup reboot. According to Bloomberg Quint on Friday, 22 January, "The company consideredbuilding a larger version of the MacBook Air with a 15-inch screen, but Apple isn’t moving forward with thisfor the next generation, said the people, who asked not to be identified discussing private matters.", "In addition to the new MacBook Air, Apple isplanning its biggest update to the MacBook Pro since 2016, the first redesign of the iMac in nearly a decade, a new Intel-based Mac Pro, and a half-sized Mac Pro desktop with in-house chips."
With democrats running antitrust, Amazon and Apple aren’t safe. According to Bloomberg Quint on Friday, 22 January, "Another potential area of trouble for Apple could be its multibillion-dollar agreement to make Google the default search engine on iPhones, iPads, and the Safari internet browser. ", "The fact that cases were filed against Google and Facebook doesn’t mean Apple and Amazon are off the hook," says Sally Hubbard, the director of enforcement strategy at Open Markets Institute, an anti-monopoly group based in Washington that’s played a key role in reviving enthusiasm for antitrust enforcement."
Apple tv+ May lag far behind its competition, but Apple is still winning at its own game. According to Business Insider on Friday, 22 January, "That isn’t to say that Apple TV+ hasn’t had some hits in the last year, with crowd-favorite "Ted Lasso" and "The Morning Show" giving the tech company its first Emmy. ", "Analysts estimate that Apple TV+ had around 10 million paying customers within three months of its launch a little over a year ago (the company has yet to share total subscriber numbers). "
Tech giants Apple, Microsoft and Tesla headline busy earnings week. According to The Wall Street Journal on Saturday, 23 January, "Tech giants Microsoft Corp. , Apple Inc. and Tesla Inc. will be among the companies headlining a busy earnings week, shedding more light on how businesses performed at the end of 2020 as Covid-19 cases rose."
Hedge funds beef up tech holdings before Apple, Amazon earnings. According to Bloomberg Quint on Saturday, 23 January, "Just days before earnings land from the likes of Apple Inc. and Amazon.com Inc., professional investors turned more upbeat the industry. "
Wall street analysts expect Apple to set a new milestone by topping $100 billion in holiday quarter sales. According to Business Insider on Sunday, 24 January, "Last summer, Apple made history as the first US-listed company to top $2 trillion in market value. "
Wimkin's founder says his company is being treated unfairly after its app was removed by google and Apple app stores. According to Business Insider on Sunday, 24 January, "Now, after Google and Apple both removed the app, new users will have to download Wimkin directly from the company’s homepage. ", "Wimkin said Google and Apple sent it nine screenshots (four from Google and five from Apple) as part of a back-and-forth exchange over Wimkin’s moderation."