Apple (APPL) shares have seen some highs and low last year. But, the financial report shows that it is still one stock to bank on. With Cook leading the crowd Apple seems to be getting back on track and ready for the year ahead with technology that promises to amaze everyone.
New Apple or Old Microsoft?
New Apple (APPL) without Steve Jobs is suffering a bit on its end with the shares dropping hugely. Analysts and investors who have hoped for a better Apple, resorted to packing their bags with what they saw- not the new Apple, but rather an old Microsoft. This however, is a minor setback for the company which still has records showing their mountain sale of iPads and exceeding expectations profits. That is why Apple thrives and still remains unbeaten. Despite the falls it has had over the years, especially with Samsung close at heel, Apple has kept its pace so long and will continue to do so!
President Obama on Apple?
The whole nation listened to President Obama’s State of the Union’s address wherein he mentioned Apple and appreciated its efforts in playing a big part in the country’s education system. Apple has been a pioneer in providing high-speed broadband to students for educational purposes. The 21st century has seen Apple’s active participation in promoting literacy and giving students the opportunity to use high tech gadgets to aid them with their studies. Apple has always been one to encourage education.
Carl Ichan & Cook:
Carl Ichan has been pushing Cook for months now to use the war chest sum of a whooping $158 billion to gain control over the company shares and subsequently hike the price of the stock. But, this doesn’t seem to agree with several other share holders. Even Cook, has shrugged away from the option. Despite this, the financial results for the first quarter has shown some pretty good figures with the sale of iPhone devices reaching the $51 million number which is higher than last year’s $47.8 million. Who said Apple is getting old? In fact, on contrary, it seems to be adjusting well to the current trend and always one step ahead of its competitors.
Apple seems to be performing just fine unlike the analysts’ prediction and the figures are there to prove the case. With quality being the priority among consumers, there is no doubt that Apple will continue to remain the most wanted device on earth.