Shares of Apple rose 2.54% to $142.60 at 14:36 EST on Monday, after four consecutive sessions in a row of gains. NASDAQ Composite is rising 0.31% to $13,585.50, 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, 1.74% 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, "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. ", "Development of an Apple Car is still in the early stages and is at least half a decade away, Bloomberg News reported earlier this month. "
Apple’s sales growth is 16.4% for the ongoing quarter and 27% for the next. The company’s growth estimates for the ongoing 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 $142.60 at 14:36 EST, under its 52-week high of $145.08 and way higher than its 52-week low of $53.15.
Apple’s Moving Average
Apple’s worth 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, "That deal is already a focus of the federal antitrust case against Google, and while Apple wasn’t named as a defendant, a case could be made that it has illegally agreed to divide Google’s monopoly profits and prevent competitors from gaining ground, says John Newman, a former lawyer with the department’s antitrust division.", "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. "
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 brings us back to Apple TV+, which isn’t the best streaming service by any measurement, except maybe the one that matters most to Apple – whether the value it adds to the bundle exceeds the cost to make it, in terms of encouraging people to subscribe to Apple One.", "JustWatch, another company that tracks streaming activity, reported that while Netflix accounted for 31% of the streaming market in Q4 2020, Apple TV+ only accounted for 3%, even less than NBCUniversal’s Peacock, which launched July 2020 during the pandemic."
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."