APPLE: stereo on

APPLE: stereo on

Previously, Apple’s stores have been offering a line of audio accessories from other brands, such as Bose, Sonos, and Logitech. Now, you will see none of those – only Apple. Why? Apple is expanding into the niche of audio equipment and will sell products of its own. So far, there is only AirPods and AirPods Pro but looks like we are about to see some new items soon. That means – keeps some Apple shares in your portfolio as they may show some bullish moves.

Speaking of bulls – Apple has been a bit above the normal in August, so September saw it go back down into the channel. Now, the trajectory Apple follow seems to fall well into that channel, so $118-125 seems to be a fair estimation of where the stock will be aiming at in the midterm.


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Apple event surprised traders
Apple event surprised traders

Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.

Latest news

Can the UK CPI surprise?
Can the UK CPI surprise?

The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.

The US Retail Sales Update
The US Retail Sales Update

The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.

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