Apple (NASDAQ AAPL) is one stock that has been consolidating steadily for the past six months. Since the release of iPhone 6, Apple stock has been consistently rising. Apple iPhone 6 was a hugely successful product, which took the stock to a higher level. Apple would be looking to continue its run, which many in the market think that the stock might be in for some correction. Apple Watch would have a major say about the stock’s performance in the coming summer.
Here in this article, we take a closer look at some of the reasons which should help Apple stock reach even greater heights in the coming months. Apple would be looking to continue its run of form. Apple Watch is a major product which would be carefully examined as it might decide what lies ahead for the apple stock.
Apple had a great 2014. The year saw Apple coming up with the heavily successful iPhone 6. Apple wallet was also launched. Updates were made for iPads. For this year, Apple would be looking for a launch to iPhone 7. The new iPhone would be launched in September. Before that Apple would come up with the much anticipated Apple Watch.
Apple Inc (NASDAQ AAPL): Apple Watch
Apple watch has been backed by many as the product which changes the wearable technology market. The watch has been previewed by Apple and contains some cool features. The technical preview got a lot of positive responses and therefore Apple would be going through with the launch of this product with heavy optimism.
Apple watch comes with a battery life of 18 hours, after which it has to be charged. The user can also prolong the battery life by converting the watch into a analog device. The watch has the feature of being connected with the other smart devices which the user might have. It also is waterproof.
Apple Inc financial news (NASDAQ AAPL)
Much of how Apple stock performs, depends on how Apple watch is received in the market. These are exciting times, if you are an Apple stock holder.
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