Apple Stock Forecast For 2019: SWOT Analysis + I Know First Forecast For AAPL

Apple Stock Forecast For 2019: SWOT Analysis + I Know First Forecast For AAPL

The infamous Apple logo

Apple (NASDAQ:AAPL) has come a long way over the past few years. As it has doubled its stock price since summer 2016 and become the first trillion dollar company earlier this year, it has also seen some dips and is currently below the price it was at a year ago.

Apple is now down 33% from it’s all time high of 233.47 and has dropped below the trillion dollar mark once again. Apple’s most recent tumble has left the company at a new 2018 low ~$150 on December 21 causing market cap to drop below $700 billion for the first

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Apple Stock Analysis: Here Is Why Apple Will Continue Rallying

namanNaman Shukla is an Analyst at I Know First. He writes and invests in the stock market. Ranked in the top 8 percentile in TipRanks.com. Featured on SeekingAlpha.com, GuruFocus.com, Valuewalk.com among others.

Apple Stock Forecast

Summary:
  •  The iPhone 7 is a great phone and Apple the initial trends point towards massive sales.
  •  The Note 7 debacle will help Apple take a massive lead in the high-end smartphone segment.
  • The iPhone 6S should witness a milder sales slowdown due to several reasons, which is another positive.
  • Apple is a buy heading into the earnings report.
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