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Apple stock trend

Apple is one of the most valuable and iconic technology brands. If you are considering investing in Apple stock you should probably take a look at the past performance of the stock to make decisions on whether to invest in them or not.

In 2019, Apple stock had an astonishing run, increasing its market value from $450 billion to $1.114 trillion. You may probably ask yourself a question. Do Apple stocks rise each time a new iPhone is released? The truth is, usually, Apple stocks tend to increase before the release because people have very high expectations of what features the phone will deliver. Thus, they want to own the shares before the sky-rocket after the actual release. Let’s see the historical data for a better understanding. For example, in 2019, from August to September, the stock price rose from $200.48 per share to $223.09 in mid-September. At the start of October, the stock price experienced a slight downfall from $223.09 to $218.96 per share. In October 2019 the stock highest fluctuations in Apple stock price. However, shortly after that, at the beginning of November, the price per share significantly increased, moving from $255 to $261. The financial year ended successfully with a closing stock price of $289.93 per share as of December 31st, 2019.

Now, let’s take a look at the 2020 results of the first one month and see whether Apple stock is worth investing in. From January 1st to 30th, the average stock price per share of Apple is $312.0365, which increased by around 13% compared to December 2019. Let’s take a closer look and understand what was the average stock price in January 2019 and January 2018. The average stock price per share of Apple in 2018 was $168.89, with the highest $173.99 price per share on January 18, 2018. When it comes to 2019 January results, it is even lower than in 2018, being $155.88 per share of stock, with the highest price on January 31st, 2019, which is $163.97. So, we can see that the stock price compared to last year’s January results have more than doubled by increasing with 105% from being $155.88 to $312.0365. When comparing 2018 and 2019 results, the stock price has fallen by 10% from being $173.99 in 2018, and $155.88 in 2019. As for now, thanks to innovative and modern technology solutions that Apple provides to its users, it is expected that the stock price per share will steadily increase in the nearest future.

All in all, many investors do not rely on historical data of Apple stock as it is considered one of the most volatile and unpredictable stocks for them. However, we have seen how the trend is going up and how successful Apple performance is over the past year. If we look through the statistics and consider the growth factor for the past year from 2019 January to 2020, the stock price per share increased by 105%, from $155.88 to $312.03. With new products and innovative solutions, Apple guarantees its sustainability and financial viability.

 

February 4, 2020

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