institutional-superinvestors!! Big Investors Bough
Post# of 96879
This remains the world’s biggest and boldest technology company. Apple Inc. (NASDAQ: AAPL) has continually stayed in the limelight as the Silicon Valley behemoth came out with a tons of new product for the Apple nation to embrace. In what is becoming a new trend, many of the former bullish analysts on the stock somewhat yawned at some the new offerings, saying that it was really “no big deal.”
The company rolled out a wide array of new products this fall that many analysts feel can deliver about 3.1% of the firm’s estimated current year 2016 earnings estimates. The new iPhone payment plan that was rolled out with the introduction of the iPhone 6s and 6s Plus can become a recurring revenue stream for the company.
The iPad Pro with a new 12.9-inch screen could pose a challenge to the Microsoft Surface tablet. This in tandem with the Apple Pencil and the physical smart keyboard rolled out for the iPad Pro is another string of new products that can generate new revenues for the company.
Lastly an updated Apple TV https://ultraflix.com/getuf.php (Coming Soon! Apple TV)
was introduced, along with an accompanying app store. This is Apple making a big bid to be part of the switch by many consumers to streaming media and detaching from huge bundled programming. The new Apple TV hardware with the A8 chip in it is priced at $149 for a 32GB version and $199 for the 64GB version. Many analysts feel that the higher pricing for the hardware and the gaming apps that will be available, will continue to deliver earnings increases.
Apple investors receive a 1.8% dividend. The consensus price target is $148.64. The stock closed Friday at $119.03.
Read more: Big Investors Bought a Lot of Apple, Microsoft in Q4 (NASDAQ: AAPL) (NASDAQ: MSFT) - 24/7 Wall St. http://247wallst.com/investing/2015/12/07/ins...z3uDA03Xky
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