One of the Single Most Important Metrics for Apple Investors Just Got Better
It goes without saying that the iPhone is 's (NASDAQ: AAPL) most important product. Since its debut in mid-2007, the iconic device has become the gold standard for smartphones. As a result of that simple truth, the iPhone continues to command a premium price, which is arguably the reason for the company's unbridled success.
Now, it appears, Apple has set a new benchmark that lays the foundation for the company's future success. The iPhone just proved, in the most unlikely of times, users are willing to pay up for the tech giant's flagship device.
Image source: Apple.
Source Fool.com
Apple Inc. Stock
€200.35
0.550%
Currently there is a rather positive sentiment for Apple Inc. with 149 Buy predictions and 17 Sell predictions.
With a target price of 224 € there is a slightly positive potential of 11.8% for Apple Inc. compared to the current price of 200.35 €.
