Apple Inc. (NASDAQ:AAPL) plans to ship 16-inch macbook pro this year
IHS Markit says Apple Inc. (NASDAQ:AAPL) plans to ship 16-inch macbook pro this year. The 16-inch macbook pro is slated for release this fall, according to ihs markit.”We foresee that apple will release a new product [at the] Sep ’19 apple event if there’s no unexpected development issue,” jeff lin, associate director, consumer electronics at ihs markit, said in an email, referring to the 16-inch macbook pro. IHS markit describes the future macbook pro as having a “new display size (16 inch), new mac os (catalina) & cpu,” as cited in its “ihs markit q1’19 mobile pc market tracker.”
Technical Stock Analysis
Apple Inc. (NASDAQ:AAPL), a Consumer Goods sector firm, traded 48.16 Million shares in last trading session and stock slumped -0.34% with closing price of $198.78 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Apple Inc. (NASDAQ:AAPL)’s gross margin stands at 38.10%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Apple Inc. (NASDAQ:AAPL)’s profitability or to compare the efficiency of different investments, hence, AAPL return on investment (ROI) is 26.60%.
52-Week Range are valuable stats for watching Apple Inc. (NASDAQ:AAPL)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Apple Inc. (NASDAQ:AAPL)’s stock value has moved between $141.99 – 233.86 in last one year.
Analysts mean target price for Apple Inc. (NASDAQ:AAPL) is $210.89 while analysts mean recommendation is 2.20.
Its weekly performance is 3.13% while year to date (YTD) performance is 26.02%.
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Apple Inc. (NASDAQ:AAPL)’s EPS growth this year is 32.60%. For best decision making investors should look at Apple Inc. (NASDAQ:AAPL)’s EPS growth for next year stands at 10.38%.