3 Reasons Apple Inc. Stock Could Rise After Its Big iPhone Launch
Apple (NASDAQ: AAPL) shares have enjoyed a tremendous run year-to-date. In that time, the stock is up nearly 40%, which is particularly impressive considering that a 40% increase in the company's stock price means that Apple's market value grew by north of $200 billion.
This rise is almost certainly due in large part to the enthusiasm for Apple's upcoming trio of iPhones, which the company is expected to unveil at a special event on Sept. 12, and the potential impact that they could have on Apple's business.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
€204.20
0.990%
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 9 Sell predictions.
With a target price of 209 € there is a slightly positive potential of 2.35% for Apple Inc. compared to the current price of 204.2 €.
