You’ve probably heard of Apple stock. The company makes consumer electronics, software, and online services. It is headquartered in Cupertino, California. Apple shares are up more than 300% from their lows just a few months ago. In addition to the products they sell, they also provide various online services such as music streaming and podcasting.
The stock’s recent decline may be indicative of a broader market decline. It’s important to keep in mind that Apple shares are valued for their intangibles, and beating estimates won’t necessarily boost the price. Instead, Apple must beat the whisper number, which is the number of analysts and market participants who expect Apple to report higher than its actual results. If Apple can beat the whisper number, the stock price will rise.
Apple stock’s price is constantly changing, and you need to be prepared for this. The price is still well above $100 a share, but that may not be enough for you. If you’re new to investing, you may not be ready to purchase an entire share of AAPL stock. If this is the case, you can buy fractional shares from some brokerages.
If Apple were to announce new products, the stock price could rise. After all, the company has made a name for itself and created a loyal consumer base with its popular products. However, this growth can be threatened if the company fails to develop new products on a consistent basis. A strong product pipeline is critical to Apple’s success. Without it, the company’s stock could fall to lows even before it can reach new heights.
