In its biggest product launch of the year, Apple unveiled the iPhone 14, the new AirPods Pro earphones, and the new Apple Watch models. iPhone retains the general appearance of the previous version with improvements to the camera and messaging function satellite long overdue. Most of the improvements to the “iPhone” were in the categories of its flagship “Pro” phones. These devices will include a 48-megapixel camera and a screen that can always stay on in low-power mode, like recent versions of the Apple Watch.
Apple stock is the best among tech companies with huge market capitalization for the current year, because investors believe in its ability to To exploit Over 1 billion customers to earn more through its services including app subscriptions, video services, fitness andgames. The earnings report for the three months ending in September will serve as the next catalyst for the stock, which is expected to be released in late October.
Shares in the company are down about 8% this year fromNasdaq 100which fell by about 22%. Nearly 96% of the 50 analysts recommend buying or holding Apple stock, while only two recommend selling, according to data compiled by Bloomberg.
–
