Apple stock nears record high
Apple has regained its groove.
The action of the iPhone manufacturer reached $ 133.82 at the start of negotiation on Monday, putting Apple less than $ 1 from its intra -day negotiation summit of $ 134.54, reached in April 2015. Apple shares ended the day at $ 133.29, beating its previous record price of $ 133, set in February 2015.
Stock overvoltage, pushing Apple (Aapl)) A market capitalization of $ 700 billion comes to renew optimism for the iPhone.
Goldman Sachs increased his course objective for action on Monday, citing the probability of “new features” such as “3D detection” added to the next iPhone model, according to an investor note provided to CNNmoney.
Apple’s previous summit was set six months after its publication of the iPhone 6 and 6 more redesigned, launching what CEO Tim Cook described as the “mother of all upgrades”.
Since then, however, Apple has shaken its tradition of revision of the iPhone every two years. The new models on the market today seem almost identical to the iPhones available at the end of 2014.
The long wait, combined with this year, marking the tenth anniversary of the iPhone, only supported that Apple is about to considerably revise its request for smartphone and reign.
Related: Tim Cook: “Apple would not exist without immigration”
Apple annual sales fell during the 2016 financial year for the first time since 2001 while iPhone sales, the majority of its activities decreased in three consecutive quarters.
Apple has even reduced the salary of its CEO by 15% due to the failure of the company to achieve its performance objectives for sales and profits.
But this sequence of defeats has just ended.
Apple sales started to grow during the December quarter, drawn by a stronger demand for the iPhone – especially for the iPhone 7 more, more expensive and more expensive.
The company sold 78.3 million iphones for the quarter, establishing a new record. At least part of this can be due to the recall problems for Samsung smartphones.
Mark Moskowitz, analyst at William Blair, wrote in an investor note this month, “the struggles of Samsung Note 7 probably helped”.
The iPhone is not the only reason Wall Street is enthusiastic about Apple. There is also President Trump.
Although Trump clashes with Apple during the campaign, investors are now optimistic, Apple will benefit from at least a Trump proposal: reducing taxes on species that US companies report from their accounts abroad.
Apple currently has $ 230 billion in cash held in foreign accounts. If Trump and the Congress are cheaper for Apple to bring this money back, it could be used for acquisitions and buyouts.
CNNMONEY (New York) First publication on February 13, 2017: 12:24 pm HE
