Why Shares of Apple Are Rising Today
Shares of the consumer tech giant (NASDAQ: AAPL) traded over 3% higher, as of 2:37 p.m. ET today. Reports of the iPhone's market share gains in India, along with high hopes heading into earnings later this week, are driving the move.
A TechCrunch report late Friday revealed that Apple's iPhone has grown market share in India to about 9%, up from 7% in 2024. The news follows somewhat recent reports of strong iPhone sales in China, and suggests the latest model of Apple's flagship product is being well received.
Image source: Getty Images.
Source Fool.com
Apple Inc. Stock
€215.15
0.190%
Currently there is a rather positive sentiment for Apple Inc. with 98 Buy predictions and 9 Sell predictions.
With a target price of 225 € there is a slightly positive potential of 4.58% for Apple Inc. compared to the current price of 215.15 €.
