Background: Apple designs and markets mobile electronic devices, personal computers, and portable digital music players; and sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. Apple was founded in 1976 and is headquartered in Cupertino, Calif. Apple trades an average of 16.7 million shares per day with a market cap of $567 billion.
52-Week Range: $363.32 to $705.07Book Value: $125.86 Price-to-Book Ratio: 4.8 It's not a big secret I am an Apple bull in my
The last reported short interest is only 1.7% of the average trading float. The smart money doesn't believe Apple will continue falling, should you?
If you ask me "what dip are you talking about" I understand. Shares have really appreciated, gaining 49% in the last year, and the average analyst target price for Apple is $767.83. The current drop from $700 is our opening. AAPL Payout Ratio TTM data by YCharts