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Saturday, July 2, 2011

Apple Stock price predictions July 2011

Apple Stock price predictions July 2011 : It’s been fairly quiet on the Apple Inc. (NASDAQ: AAPL) front. After weeks of dominating headlines and trader talk in the first half of the year, Apple has chugged along quietly on Wall Street. The tech giant’s shares, which were among the best performing large-cap stocks in 2010, have disappointed in the first half of 2011.

Year-to-date Apple shares are up 3.5%, underperforming the NASDAQ, which gained 4.07% in the same period. This is a disappointing performance by Apple’s standards, considering that the stock has consistently outperformed the broad market over the last decade.

In the same period in 2010, Apple shares gained 20.32%, compared with a decline of 7.71% for the NASDAQ.

The disappointing performance so far this year can be attributed to a variety of reasons, including CEO Steve Jobs’ medical leave, increasing competition from Google’s Android operating systems and a decline in the broad market.

Apple shares suffered the most from Jobs’ third medical leave since 2004. Jobs’ medical leave was announced on January 14. Since then, the stock fell 3.08%, compared with a 1.32% gain for the NASDAQ. Although Jobs has made a few public appearances in the last months, he is still not in charge of day-to-day operations at the Cupertino, California-based company, and this is a worry for many Apple investors.

The other major factor for the stock’s disappointing performance has been the rise of the Android operating system. Android is expected to maintain its top position globally. According to recent data from IDC, Android will account for 38.9% of the global market in 2011, compared with 18.2% for Apple.

Despite all the concerns, Apple is still in a healthy position, which was confirmed by the company’s most recent quarterly results. In September, the company will launch the new version of the iPhone, which should give shares a boost. The recent decline looks more like a buying opportunity than a permanent trend.

Weekly News Roundup: Apple Inc. (NASDAQ:AAPL)
It has been rumored that Apple Inc. (NASDAQ:AAPL) will launch both the iPhone 4S and iPhone 5 by September. As the Mac Maker is keeping mum regarding the launch of upcoming versions of the smart phone, the tech world is enjoying the opportunity to speculate on their release date intentions.

The latest report that appeared on ZDNET says that sources have revealed that Apple Inc. (NASDAQ:AAPL) will launch both the iPhone 4S and iPhone 5 by next September, with a view to capturing both high and medium end market share.

Thursday 30 June
It has been reported that Apple Inc. (NASDAQ:AAPL) is ready to announce 350 new jobs in Cork City, Ireland. According to the latest media reports, the Mac Maker will be announcing the new jobs once it completes a deal on two floors of a €75 million building.

An IDA spokesman said that, “Apple is one of the many global technology companies with operations in Ireland. Since it established in Cork 30 years ago it has been a significant employer in the south-west region.”

Friday 1 July
It has been rumored that Apple Inc. (NASDAQ:AAPL) is buying up a number of key components for the Amazon tablet, causing delays in its development.
Many have wondered why the rumoured tablet from Amazon has been delayed, and component suppliers from Taiwan may be able to shed some light on it.

They say that it is difficult to supply parts to Amazon, bearing in mind the huge number of requests from Apple Inc. (NASDAQ:AAPL) for its products. For the latest updates PRESS CTR + D or visit Stock Market news Today

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