Apple Inc. (NASDAQ:AAPL) is the same powerful company but the drop in its stock price which steadily falling since September 19, raises some doubt in minds of investors. This would be signaling the fact that something has changed at Apple under the CEO Tim Cook.
Despite the fact that Apple Inc. (AAPL) stock price, at yesterday’s close plummeted to six months low but it is still the same tech company today as it was three months ago with its same strong financial balance sheet and incomparable products.
Apple Inc. (AAPL) is still the market mover firm and having same growth potentials in holiday season with its latest range of iPad mini and iPhone 5. And Company is also planning to boost up its Q1 2013 revenues by releasing multiple new products in fall of this year which includes iPhone 5, the iPad mini, new iPods, the new iPad, iMac, MacBook Pro, and the Mac mini.
Most of the market analysts are still thinking about Apple stock a bullish one. According to Yahoo Finance, most of analysts list stock of AAPL with a buy recommendation from last three month and in this month as well.
The stock price of Apple is still expensive to buy. Apple stock needs new investors in order to increase its stock price, because there is something that is constantly making the stock price to plummet.
Moreover, if we look at its past stock performance, the stock price rose 18 percent between time period of July 2 and September 19 and all this increase reflect the stock trend in association with the release of iPhone 5.
Apple Inc. (AAPL) stock was trading at four times Apple’s yearly revenue on September 30 and all this show the stability of such a big tech giant.
The stock saw increase in the ratio of market capitalization over revenue, as it has surged for both Q3 and Q4 quarters in 2012 and in coming quarter Q1 2013, Company is also expecting to reach at biggest anticipated revenue. That was not reached by the company in its history, so the price fluctuation may occur.
Apple Inc. (NASDAQ:AAPL) is transforming in slow pace to become a superstar stock, that can pay fair dividend at a modest rate to make all its investors happy and in last week Apple paid a quarterly dividend. It’s good news because Apple did it before in 1995 and this was the second time in the history of tech giant.