Where Will Apple Stock Be in 1 Year?
(NASDAQ: AAPL) has proven its ability to sell great products that customers return to year after year. The company's iPhone, Mac, and other devices have helped propel earnings into the billions. All of this has helped Apple stock score a win for investors over time, with the shares climbing more than 900% over the past decade, for example. So Apple has been a fantastic long-term investment.
But, in recent times, Apple has generated lower returns for investors than many other technology stocks. This is for a couple of reasons. Apple didn't rush to get in on the high-growth area of artificial intelligence (AI) and instead took a slower approach than its tech peers. So, investors aiming to bet on AI didn't necessarily flock to Apple. And for part of last year, investors worried that Apple -- with much of its iPhone production in China -- would face significant import tariffs.
Today, though, Apple is progressing with its AI rollout, and tariff concerns have eased. (The U.S. said it would offer exemptions to tech players that invested in U.S. production -- something that Apple is doing.)
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 75 Buy predictions and 7 Sell predictions.
As a result the target price of 280 € shows a slightly positive potential of 5.68% compared to the current price of 264.95 € for Apple Inc..
