On NASDAQ Apple shares rallied 2.53% to 223.85 USD on Tuesday as Apple Inc. is expected to unveil three new iPhone models today in Cupertino, California. This takes Apple shares to rose the most in five weeks on heavier-than-average volume.
According to the analysts, the launch of new models is likely to uplift Apple’s average smartphone price by 5.4% year-over-year to $US793 in fiscal year 2019. But the prices for the Apple products like Apple Watch and Air Pods are like to increase due to the proposed US tariffs on $US200 billion worth of products imported from China. This trade war continues to build risk for a company as parts of its iPhones are produced in Asia.
With an expected boost in the iPhone's average price, UBS Group's Timothy Arcuri raised its 12-month price target to $US250, which presents about a 12 per cent increase from its current level.
Apple’s share price has shown tremendous upside movement, as after opening at US$218.01, AAPL stock has jumped to day-high of US$224.30 before last trading at US$223.85 as at 12 Sep, 4:31 AM GMT-4.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a company’s prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”
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There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.