By Stephen Nellis
(Reuters) - Apple Inc <AAPL.O> shares have soared this year even as a pandemic has crippled economies around the world, thanks in large part to booming product sales that have beat Wall Street expectations.
On Tuesday, Apple is expected to unveil updates to several key products, including the Apple Watch and iPad, that will help determine whether it keeps up that streak. The devices will be shown in an event broadcast https://ift.tt/1F44dI9 from its Cupertino, California headquarters starting at 1 p.m. ET (1700 GMT).
As markets closed Monday, Apple shares were up nearly 54% for the year, well ahead of the 22% gain for the Nasdaq. Even though Apple stock has fallen from a record high earlier this month, it remains near its $2 trillion stock market valuation.
How ...
Read More on Datafloq
No comments:
Post a Comment