Apple Inc. Sticks by iPad
Last quarter, Apple's (NASDAQ: AAPL) iPad business -- after suffering a long string of declines -- returned to growth; unit shipments were up 15% year-over-year and revenue was up 2% year-over-year.
That's not awe-inspiring growth, but if you consider that Apple's iPad unit shipments were still -- even after last quarter's performance -- down 8% year-over-year over the company's last three quarters (revenue performance was worse at down 10% in that time) -- it's an encouraging start.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
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Currently there is a rather positive sentiment for Apple Inc. with 74 Buy predictions and 7 Sell predictions.
With a target price of 280 € there is a slightly positive potential of 4.95% for Apple Inc. compared to the current price of 266.8 €.
