On Thursday, Apple Inc. (NASDAQ:AAPL) recalled some MacBook Pro laptops sold between September 2015 and February 2017 due to a battery issue. Company said that the “battery that may overheat and also pose a safety risk”, should be recalled.
The Cupertino, California-based technology company recently said in a statement that it is asking customers to stop using the computers. The problem affects the 15-inch version of the older MacBook Pro. The company said it will replace the batteries in these models at no charge.
“Apple
has determined that, in a limited number of older generation 15-inch MacBook
Pro units, the battery may overheat and pose a fire safety risk,” the
company wrote.
Technical Stock Analysis
Apple Inc. (NASDAQ:AAPL), a Consumer Goods sector firm, traded 22.07
Million shares in last trading session and stock rose 0.80% with closing price
of $199.46 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
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 $142.47
– 234.66 in last one year.
Analyst’s Views
Analysts mean target price for Apple Inc. (NASDAQ:AAPL) is $210.89 while
analysts mean recommendation is 2.20.
Stock Performance
Its weekly performance is 2.74% while year to date (YTD) performance is 26.45%.
EPS Growth
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 10.54%.
