Apple Inc. (AAPL) is the company whose mobile communication devices are changing the world. Now with apps, the users have much more power to accomplish things and to be much more efficient. As time goes by, more and more apps are being developed which give people the information and ability to focus on their interests to an extent previously unknown. Apple’s Siri is the talking iPhone. You can ask it questions such as where is the nearest ATM? The siri also has the ability to infer what you mean from what you say. You can also ask it to remind you about appointments, etc.
In other words, technology is advancing so rapidly that Apple almost has a monopoly on the most advanced technology. This certainly helps their stock prices.
If you look at Apples stock, for the last two years it has been going up. Interestingly enough, the stock has been declining since November 8, 2011 which is approximately when Steve Jobs passed away. Steve Jobs was the genius behind Apple and perhaps investors are unsure about how well Apple will continue to develop. The stock has dropped about 10% which could be just a normal variation( the selling price was $400) or it could also be something meaningful. I guess that investors will have to wait and see. Many people were also upset when Apple did not come out with the iPhone 5 as promised.
Disclaimer: The information in this article is not sufficient to base investments decisions on. All investments should be based on a thorough analysis of the stock.
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