Apple Inc share price target, Apple Inc share price, Apple Inc share, Apple Inc technical analysis
Apple Inc company details
Apple Inc is US based multinational technology company dealing in consumer electronics, online services as well as software. The company is headquartered in Cupertino, California, United States. In terms of revenue, Apple is the largest technology company. Considering its market capitalization, Apple is the world’s biggest company. It is rated as the top 5 American information technology companies along with Microsoft, Alphabet, Meta, and Amazon. Apple watch was started in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne. Some of the popular products by Apple are iPhone, iPad, Apple Watch, Mac, AppleTV, AirPods, HomePod Mini, etc. The popular services are AppStore, iTunes Store, Apple TV+, Apple Music, Apple Fitness, etc.
Apple Inc share price technical analysis
The current Apple Inc share price is $155.74. The stock touched a maximum value of $181 in January 2022.
Apple Inc share is constantly making up and down patterns on the rectangular zone area. It has touched the zone nine times since August 2020.
The stock is likely to retrace and touch $145 and move upwards. Since the market is recovering, the price is expected to cross $190.
Considering the 200 moving average, the price is exactly touching the moving average trend line. This indicates buying of shares because from this point the prices are expected to show a gradual up trend.
Apple Inc share investment has also given a regular return on investment in the form of dividends. The company declared a dividend of $0.23 in November 2022, $0.23 on August 2022, $0.23 on May 2022, $0.22 on February 2022, $0.22 on November 2021, $0.22 on August 2021, $0.22 on May 2021, $0.205 on February 2021, $0.205 on November 2020, $0.82 on August 2020, $0.82 on May 2020, and so on.
Apple Inc share has the potential to grow in future and the investors can expect high returns in the next one or two decades.
Also read HDFC share price target link
The target price by the end of 2022 is $162, 2023 is $208, 2024 is $230, 2025 is $272, 2026 is $303, 2027 is $326, 2028 is $383, 2029 is $401, and 2030 is $419.
Apple Inc share represents stable growth rates in the recent few years. To know the best entry point, it is advised to follow the technical analysis signals based on the chart pattern. The signal represents a strong buy.
Apple Inc’s share has a strong fundamental base due to an increase in the revenue in the past few years. It is expected that the trend will continue due to the promising market for cloud computing, electric vehicle production, and online advertising.
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Frequently asked questions
1. What price will Apple be in 5 years?
Apple Inc is expected to touch $326 within next 5 years
2. What will Apple be worth in 10 years?
The expected price after 10 years will be $450
3. What is 12-month price target for Apple stock?
The 12-month price target for Apple stock is $211
4. Can Apple stock reach $1,000?
Yes, the Apple stock is expected to touch $1000 by the year 2042
5. Is Apple a buy and hold situation?
Yes, currently Apple is at buy and hold situation.
6. Will Apple stock grow in future?
The long term prize prediction for this stock is positive but there is no guarantee of profits on investment. The price will represent both ups and downs.
Disclaimer: If you want to invest in the stock market, you should consult your financial advisor before making a buying decision. You should assess the risk and study the company details.
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