Apple Shoots Up In Stock Market; And Approaches Historic Highs Of 2015
Despite all the 'buts' and numerously sown doubts about the future of Apple, investors are still betting big on value. After the quarterly results presented at the close of market on Tuesday, the technology has started its first session in February triggered. Thus, Apple climbed more than 6% on Wednesday Wall Street. It is, by far, the value that has risen from Dow Jones, selective large American companies. With this advance, shares of the Cupertino-based firm (California) go above 128 dollars.
This advance puts it near its maximum levels obtained in July 2015. Since then, its presentation of results has been plagued with doubts. Until 2015, Apple had been beating its records uninterrupted. However, and although still making a lot of money, some experts and analysts began to question his future after starting to see that some indicators detracted.
In the results of Tuesday, Apple has cleared some doubts. Its iPhone sales are still strong. Thus, its latest model, the iPhone 7 continued upward with 78.29 million units sold. Product revenue grew by 5%, which Apple billed 54,378,000 for this item. The same can not be said of the iPad or Mac computers, whose contribution to the group as a whole is much more discreet. Apple compensates for its results with the contribution it is already making for its services, Apple Store and Apple Pay.
Globally, Apple has managed a profit in the last quarter of 17,891 million dollars, representing a fall in the concept of 2.5%. Still, this figure is higher than the market expected. Total revenues have improved by 3.2%, to 78,351 million.
The numbers are still dizzy. The company has a PER (ratio of share price on profit) of 15.4, which is a much tighter than other large technology that offers higher levels figure, indicating that they are more a promise of future a reality, for example, Tesla. Its ROE, return on equity, stood at 30%.
Some experts doubt that apple company's supremacy will continue. Today, Google has surpassed Apple as a brand more valuable in the world. But so far, no one can with its action and its market capitalization, with more than 670,000 million euros, remains the king of the floors. In fact, by capitalization, has managed to take off from Google, which in 2015 came to overcome.
