Apple Inc.'s Best Product Launch of 2017
Fiscal year 2017 hasn't been Apple's (NASDAQ: AAPL) best year. Though it has enjoyed some revenue growth over the last nine months, increases in the company's cost of sales and higher operating expenses have led to roughly flat operating income over the first nine months of the prior fiscal year.
Image source: Apple.
On top of that, Apple's operating income over the last nine months as well as during the first nine months of its fiscal year 2016 are both down approximately $8 billion from the levels seen in the fiscal year 2015, during which Apple experienced explosive growth from the iPhone 6-series sales cycle.
Source: Fool.com
Apple Inc. Stock
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Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 8 Sell predictions.
With a target price of 208 € there is a slightly positive potential of 3.71% for Apple Inc. compared to the current price of 200.55 €.
