Funny Just a year earlier, in early 2019, Tim Cook was in trouble with Apple's investors. He had issued a statement saying that the sales slump would not come as expected, especially due to the slowdown in China's capital markets.
Now, next year, Apple's stock price exceeds $ 300 in the stock market for the first time. If it hadn't & # 39; s broken & # 39; of its value in 2014, currently buying a share of the company will cost $ 2,100. And we were already broke when we talked about the $ 700 price before the breakup. No possible discussion: Apple had a very good year 2019 with Tim Cook who was able to turn the company's directions around.
May all grow, but services and resources grow more and more
We have noticed a gradual change in the financial results of last year: although the iPhone continues to bear the bulk of Apple's earnings, the company is rising to invest in its services (Music, TV +, Arcade, iCloud) and services and wearable (AirPods, Apple Watch). When it comes to skinny cows it is best to be able to rely on several products and not one.
This outbreak, forecast for good sales for this period of 2020 and overall global market positioning have caused Apple's stock market volumes to rise significantly. If last year you invested $ 1,000 in the company now you would have more than $ 2,000, double your money. That's literally. Apple's total market value is already over $ 1.3 billion, so there are some who are starting to think that Tim Cook thinks he is the first company to reach the $ 2 billion market.
Still, and even though this stock market index reflects Apple's good health, we should keep that in mind the number of actions does not change solely from what was done from Carlertino. There are hundreds of external factors that can have an impact, as investors well know, and as such we cannot rule out the fact that the price drops dramatically by the very good figures presented.
Judging by the analyst's predictions (which we can see summarized in CNN Money), Apple's action is expected could reach $ 350 in twelve months in a highly optimistic case or that dropped to $ 150 and in a state of great despair. However, most analysts recommend buying and there are those who already think the stock could go up significantly if Apple finds good sales in the future.
Of course, this performance in the stock market and company usually assures us of one thing: Tim Cook is the CEO that Apple needs and there must be some predictors that are not at the level of his recovery rather than his career. At the moment the signals tell us that revenue from services will continue to grow.