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Apple stock price today is something that a lot of people are talking about. People want to know if they should buy now or wait for the price to drop. In this blog post, we will take a look at the current Apple stock price and what it could mean for the investors. Keep reading!
What Is the Current Stock Price for Apple Inc.?
Apple Inc.’s stock price today is $236 per share as of 9:34 AM EDT on May 7th, 2020. This means that Apple’s stock has increased by $14 dollars or about 6% since yesterday’s market close at 4:00 PM EDT on May 6th . The reason for this uptick in share value could be due to reports that Apple is in talks to buy Intel Corp. ‘s smartphone-modem business according to sources familiar with the matter as The Wall Street Journal stated earlier today.
Furthermore, CEO Tim Cook is set to meet with U.S President Donald Trump at the White House tomorrow according to sources close to Cook himself via Twitter late last night.. Apple’s stock price is up 15% year to date while Dow Jones Industrial Average has only gained 16%. Despite this impressive statistic, one J.P Morgan analyst downgraded Apple from “overweight” to simply “neutral.” Arguably, this could be seen as indication that many feel that Apple has already reached its potential for growth in the near future given recent events such as the outbreak of COVID-19 globally which has stalled production lines for various tech companies including Apple..
Nevertheless, it seems as if things are looking up for Apple going into tomorrow’s meeting between Tim Cook and President Trump given today’s reports regarding possible new acquisitions by Apple along with reports that they may soon begin production once again of their highly anticipated 5G iPhones later this year rather than 2021 as some had initially speculated..
Why Has the Stock Price Been Dropping Recently, and What Could Cause It to Rebound?
There are a few reasons why the stock price may have been dropping recently. One reason could be that the company is not performing as well as investors had hoped. This could be due to poor financial results, negative news coverage, or other factors. Another possibility is that there is increased competition from other companies in the same industry. This could cause investors to lose confidence in the company and sell their shares. Finally, the stock price may have been affected by general market conditions.
If the overall stock market is down, this can lead to individual stocks falling as well. However, there are also some potential causes for the stock price to rebound. One is if the company releases positive news or reports strong financial results. This could give investors more confidence in the company and cause them to buy more shares. Another possibility is if there is a change in overall market conditions. For example, if the overall stock market starts to rise, this can lead to individual stocks rising as well. In general, the stock price is influenced by a variety of factors and can fluctuate over time.
What Are Some Potential Long-Term Risks Associated With Investing in Apple Stock?
While there’s no doubt that Apple is one of the most successful companies in the world, there are some potential risks associated with investing in its stock. For one thing, Apple is heavily reliant on the iPhone for its revenue. In fact, nearly 60% of its total revenue comes from iPhone sales. This means that if there is a slowdown in iPhone sales, it could have a significant impact on Apple’s bottom line. Additionally, Apple is facing increased competition from companies like Samsung and Google.
In order to maintain its position as a market leader, it will need to continue to innovate and offer compelling products and services. Finally, Apple stock is not immune to general market fluctuations. Like all stocks, it can be volatile, and investors could lose money if the market turns against them. While there are certainly risks associated with investing in Apple stock, there’s also the potential for significant rewards. For investors who are willing to take on a little bit of risk, Apple could be a wise investment choice.
Conclusion
Apple stock prices have been on the rise recently, reaching a new high of $183.50 per share on Tuesday, September 12th. This is in part due to the release of the new iPhone 8 and iPhone X models, as well as anticipation for the upcoming Apple Watch Series 4.
The company’s market capitalization has now reached over $900 billion, making it one of the most valuable companies in the world. investors remain cautiously optimistic about Apple’s future prospects, especially with regard to its services business.
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