Apple (AAPL) stock fell slightly yesterday but is up now, as the company has announced its plans to reopen around 100 stores across the U.S. already this week.
Apple (AAPL) stock is up 1.50 % in the pre-market to trade at $324. The company is expected to release a larger iPhone 12 Pro later this year if the production line is not affected by coronavirus disruption.
In March, when the coronavirus pandemic was most widely unwrapping, some experts said it was time to buy FAANG stocks. And as we see now, they were right.
In February, Apple TV+ topped 10 million subscribers. Expanding content with Hollywood older shows and films, Apple TV+ will gain more traction. AAPL stock is rising in the pre-market.
Apple plans to reopen more stores in the U.S and Canada. Customers and employees would be put under strict health checks. Today in the pre-market, AAPL stock is rising.
Neither Apple not NextVR disclosed any details of the acquisition but it is known that the sum of the deal made up around $100 million. AAPL stock is in the green.
Apple reported revenue of $58.3 billion for its fiscal second quarter, falling below its initial Q2 guidance but surpassing Wall Street’s muted expectations. AAPL stock is down in the pre-market.
Apple plans to release its Mac with its in-house Apple chips which will replace the current Intel processors. Apple is likely to feature its flagship products with 12-core SOCs. AAPL stock is up in the pre-market.
Apple’s latest affordable handset offering comes just at a time when the global markets and consumer spending has gone lower. The new iPhone SE comes with powerful hardware similar to the iPhone 11 along with several other features. AAPL stock is up now.
iPhone shipments are going to drop by 20-25% this year despite the launch of a new budget iPhone SE. Such a situation could change the way Apple is doing business. AAPL stock price lost 3% yesterday.