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Prediction: Apple Stock Will Flourish Under New CEO

TheMotleyFool 
0 0 23.04.26
Prediction: Apple Stock Will Flourish Under New CEOPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, Midday, harsh overhead sunlight, directional sunlightt, photo by Art Wolfe: https://img.theapi.app/temp/bee95973-d201-429b-849e-52867059bd1a.png
 

For the first time in 15 years, (NASDAQ: AAPL) is set to get a new voice at the top, with Tim Cook stepping down as CEO in September 2026 and transitioning to executive chairman. While the news came as a surprise, I think it will be good for the company and its stock.

Cook did a nice job stepping in for Steve Jobs after he passed away. He led Apple to become the first trillion-dollar market cap company in 2018 and saw the stock grow in value more than 20-fold after taking over. He oversaw solid new introductions with the Apple Watch and Airpods, while Apple's margins expanded nicely as a higher percentage of revenue has come from its high-gross-margin services business.

Image source: The Motley Fool.

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Source Fool.com

Apple Inc. Stock

€264.55
-0.090%
With only a change of -€0.250 (-0.090%) the Apple Inc. price is nearly unchanged from yesterday.
Our community is currently high on Apple Inc. with 73 Buy predictions and 7 Sell predictions.
As a result the target price of 280 € shows a slightly positive potential of 5.84% compared to the current price of 264.55 € for Apple Inc..
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