Why Apple's Stock Is Rising Constantly?


BANGALORE: Apple's stock hasn't gone ahead anywhere for nearly three years even though when the company was constantly pumping out cash. It is one of the most iconic American companies and currently the Apple stock continues to be a smash hit with consumers. Despite of all odd challenges, there are a few reasons why Apple’s stock is going up constantly, especially for investors looking for value.

1. Emerging markets

Apple’s biggest money maker is the iPhone, which accounts for about half of the company’s revenue. And the iPhone’s biggest opportunity lies in China, where Apple products are popular. ig1If you recall, a big reason for Apple’s surge a few months ago was the strength in iPhone sales, thanks to double-digit growth in China.

It’s also worth noting that Mac sales have been red hot in emerging markets, growing at a double-digit pace as PC sales decline. This kind of broad brand appeal will serve Apple well in regions like China and Latin America in the years ahead.