Apple Inc. (AAPL) shares have been on a downward spiral since September 2017. The company has seen a huge dip in its share prices, which were hovering around $176 at the end of 2016, but they are now down to $162.
News: Latest news on Apple Inc. (AAPL)
Apple Inc. (AAPL) is one of the world’s most valuable companies and its stock price reflects that. When news breaks about the company, whether it’s a new product announcement or financial results, investors react and the stock price moves.
Keep up with all the latest news on Apple Inc. (AAPL) with this handy overview of the latest news and market reaction.
Tabbed View: View Apple Inc. (AAPL)’s latest stock price, charts, and financial information by time frame
Apple Inc. (AAPL) is one of the world’s largest technology companies. The company designs develop and sell consumer electronics, computer software, and online services. Its products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the iPod portable media player, the Apple Watch smartwatch, the Apple TV digital media player, and the HomePod smart speaker. The company also offers its own line of branded credit cards.
Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in April 1976 to develop and sell personal computers. The company’s first product was the Apple I, a hand-built personal computer single-handedly designed and developed by Wozniak. Jobs oversaw the development of its successor, the Apple II, which became one of the most successful computers ever made. In the 1980s, Apple introduced new lines of products with great success including Macintosh computers in 1984 and PowerBook laptops in 1991.
The company struggled in the late 1990s due to internal conflict and competition from Microsoft Corporation (MSFT). Jobs resigned from Apple in 1985 but returned in 1996 with fresh ideas to revive the company. He focused on developing stylish and user-friendly products such as the iMac desktop computer, iTunes music software program, and iPod portable media player which helped reestablish Apple as an industry leader. AAPL stock price reached an all-time high in September 2012 following strong sales of the iPhone 5. Since then it has become one of the most
Historical Charts: View a historical timeline of Apple Inc. (AAPL)’s the stock price
Apple Inc. (AAPL) has a long and storied history, dating back to its founding in 1976. The company has seen ups and downs over the years but has always remained a leader in the tech industry. In recent years, Apple stock has been on a tear, reaching record highs.
Investors can view a historical timeline of Apple’s stock price by visiting the Nasdaq website. The chart shows Apple’s stock price from January 1, 1980, to the present day. investors can see how the stock has performed over time, and get an idea of where it might be headed in the future.
The chart also shows Apple’s dividend history. Investors can see when the company started paying dividends, and how those payments have increased over time. This information can be helpful when making investment decisions.
Apple is a publicly traded company, and its stock is one of the most widely followed in the market. Understanding how it has performed in the past can give investors valuable insight into how it might perform in the future.
Analyst Ratings: Read analyst ratings and see what they’re saying about Apple Inc. (AAPL)
Analyst ratings for Apple Inc. (AAPL) are positive overall, with a strong buy consensus and an average analyst price target of $279.36, representing a potential upside of 16.2%. However, in the last 12 months, AAPL’s stock has underperformed the market, returning -15.6% compared to the S&P 500’s 5.8% return.
The majority of analysts covering the AAPL stock rate as a buy, and recent analyst activity has been mostly positive. On October 30, Raymond James upgraded AAPL from Outperform to Strong Buy and raised its price target from $270 to $285 per share. The analyst cited the iPhone 12’s strong launch and 5G momentum as reasons for the upgrade.
On November 6, UBS also upgraded AAPL stock from Neutral to Buy with a $280 per share price target (versus a previous target of $265). The firm believes that investors are underestimating the potential for Apple’s services business to drive growth going forward.
Financial Snapshot: Get a snapshot
When it comes to the stock market, there is no company more closely watched than Apple. The tech giant’s share price is a barometer for the health of the broader markets and economy.
In recent years, Apple’s stock price has been on a tear, hitting new all-time highs. But the ride hasn’t always been smooth. There have been times when the stock has taken a beating, only to recover and surge higher.
Here’s a look at Apple’s stock price over time, along with some key events that have affected it:
August 24, 2018: Apple becomes the first publicly traded company to reach a market value of $1 trillion
January 17, 2019: Apple reports disappointing earnings and its stock price falls 10%
March 19, 2019:Apple unveils its new streaming service, Apple TV+, and its shares rise 2%
The Bottom Line
Apple is one of the most closely watched companies in the world and its stock price reflects that. The shares have seen some ups and downs over the years but have overall trended higher.
