rakuten left binance left net_left adver left

Apple: Awaiting Tim Cook’s ‘One More Thing’ Moment

For Apple (NASDAQ:AAPL) lately, it's been all about the iPhone 13. The fully-spec'd out new device is likely to be in high demand, and could fuel a continued rally in shares. While...
Apple: Awaiting Tim Cook’s ‘One More Thing’ Moment © Reuters. Apple: Awaiting Tim Cook’s ‘One More Thing’ Moment

For Apple (NASDAQ:AAPL) lately, it's been all about the iPhone 13. The fully-spec'd out new device is likely to be in high demand, and could fuel a continued rally in shares.

While the iPhone remains the biggest needle-mover for Apple stock, many analysts have touted Apple for its big services push. Every year, services are contributing to a bigger slice of the Apple pie.

Undoubtedly, Apple is a company with many decades of creating innovative new products to take the spot of its most popular devices of yesteryear. (See AAPL stock charts on TipRanks)

I remain extremely bullish on the stock, because of the company's track record of delighting its fans and shareholders with incredible new products that they never saw coming.

In essence, Apple isn't just a play on the next iPhone, the 5G supercycle, the continued rise of wearables, or the robust services business, which continues to deliver value for Apple users.

While Apple's hardware may be expensive, its services — especially the Apple One bundle — offer a hefty value proposition. Indeed, Apple appears to be achieving Tim Cook's goal of enriching its users' lives through jaw-dropping new hardware and software, as well as competitively priced services.

This can be tough for the competition in services, which includes Spotify (NYSE:SPOT) and Netflix (NASDAQ:NFLX), to match.

One More Thing for Tim Cook?

Undoubtedly, Apple has come up short on the "one more thing" front with its latest keynotes. While they have been full of incredible software innovations and intriguing hardware refreshes, the company is overdue for a revolutionary product.

Now, it doesn't have to be to the scale of the initial reveal of the iPhone. It could be a new innovation to the scale of the first Apple Watch, which had a muted initial uptake, but eventually picked up meaningful traction with later releases.

Apple CEO Tim Cook has really delivered as the top boss at Apple. While he did acknowledge to interviewers that he's unlikely to be at Apple in a decade, he noted that he's keen on debuting one more "big product" under his leadership.

The type of product remains anyone's guess. Many rumors are pointed to an Apple Car, a VR/AR headset, or even a pair of Apple Glasses.

All three products may land over the next decade. But which one will be under Cook?

Rumours are leaning towards a headset, as an Apple Car could be many years away, according to top Apple analyst Ming-Chi Kuo.

In any case, investors would be wise to stay the course, as Cook continues to deliver for shareholders.

Apple stock is on the pricier side of the valuation range. Yet, with a growing services mix, continued adoption of the iPhone, and the wildcard of a new product category that could launch within the next decade, it's clear that investors are getting a lot for every invested dollar.

Wall Street's Take

According to TipRanks’ analyst rating consensus, AAPL stock comes in as a Strong Buy. Out of 24 analyst ratings, there are 18 Buy recommendations, and six Hold recommendations.

The average AAPL price target is $168.29. Analyst price targets range from a low of $140 per share, to a high of $185 per share.

Disclosure: Joey Frenette owned shares of Apple at the time of publication.

Disclaimer: The information contained in this article represents the views and opinion of the writer only, and not the views or opinion of TipRanks or its affiliates, and should be considered for informational purposes only. TipRanks makes no warranties about the completeness, accuracy or reliability of such information. Nothing in this article should be taken as a recommendation or solicitation to purchase or sell securities. Nothing in the article constitutes legal, professional, investment and/or financial advice and/or takes into account the specific needs and/or requirements of an individual, nor does any information in the article constitute a comprehensive or complete statement of the matters or subject discussed therein. TipRanks and its affiliates disclaim all liability or responsibility with respect to the content of the article, and any action taken upon the information in the article is at your own and sole risk. The link to this article does not constitute an endorsement or recommendation by TipRanks or its affiliates. Past performance is not indicative of future results, prices or performance.

ig right nyse right Neteller adver right
APPROVED BROKERS
Row 1 Left net_home_top Row 1 Right Row 2 Left Row 2 Center Row 2 Right Main Right TOP 07 Main Right TOP 06 Main Right TOP 05 Main Right TOP 04 Main Right TOP 03 Main Right TOP 01
28-09-2021 05:49:09 (UTC+7)

EUR/USD

1.1696

+0.0002 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (4)

EUR/USD

1.1696

+0.0002 (+0.02%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (4)

GBP/USD

1.3701

+0.0006 (+0.05%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (8)

USD/JPY

111.00

-0.01 (-0.00%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (3)

AUD/USD

0.7286

0.0001 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

USD/CAD

1.2627

0.0000 (0.00%)

Summary

Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (3)

Sell (3)

EUR/JPY

129.82

+0.04 (+0.03%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (6)

EUR/CHF

1.0828

+0.0006 (+0.05%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (6)

Sell (1)

Gold Futures

1,751.05

+1.20 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (0)

Silver Futures

22.640

+0.003 (+0.01%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

Copper Futures

4.2775

-0.0022 (-0.05%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

Crude Oil WTI Futures

75.39

-0.02 (-0.03%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

Brent Oil Futures

78.62

+0.01 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (4)

Sell (1)

Natural Gas Futures

5.925

+0.065 (+1.11%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

US Coffee C Futures

194.98

+0.63 (+0.32%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (5)

Sell (0)

Euro Stoxx 50

4,165.48

+6.97 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

S&P 500

4,443.11

-12.37 (-0.28%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (9)

DAX

15,573.88

+42.13 (+0.27%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

FTSE 100

7,063.40

+11.92 (+0.17%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

Hang Seng

24,208.78

+16.62 (+0.07%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,281.79

+33.71 (+1.50%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

IBEX 35

9,002.90

+129.80 (+1.46%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (2)

BASF SE NA O.N.

64.740

+1.040 (+1.63%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (5)

Bayer AG NA

47.47

+0.99 (+2.13%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Allianz SE VNA O.N.

196.19

+3.85 (+2.00%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (6)

Sell (2)

Adidas AG

278.80

-2.77 (-0.98%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

Deutsche Lufthansa AG

6.561

+0.328 (+5.26%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (2)

Siemens AG Class N

147.27

-0.84 (-0.57%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (10)

Deutsche Bank AG

11.120

+0.285 (+2.63%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (3)

 EUR/USD1.1696↑ Sell
 GBP/USD1.3701↑ Sell
 USD/JPY111.00↑ Sell
 AUD/USD0.7286↑ Sell
 USD/CAD1.2627Buy
 EUR/JPY129.82↑ Sell
 EUR/CHF1.0828↑ Buy
 Gold1,751.05↑ Buy
 Silver22.640↑ Sell
 Copper4.2775↑ Sell
 Crude Oil WTI75.39↑ Sell
 Brent Oil78.62↑ Buy
 Natural Gas5.925↑ Buy
 US Coffee C194.98↑ Buy
 Euro Stoxx 504,165.48↑ Sell
 S&P 5004,443.11↑ Sell
 DAX15,573.88↑ Sell
 FTSE 1007,063.40↑ Sell
 Hang Seng24,208.78↑ Buy
 Small Cap 20002,281.79↑ Sell
 IBEX 359,002.90Buy
 BASF64.740↑ Sell
 Bayer47.47↑ Buy
 Allianz196.19↑ Buy
 Adidas278.80↑ Sell
 Lufthansa6.561↑ Buy
 Siemens AG147.27↑ Sell
 Deutsche Bank AG11.120↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,665/ 5,715
(0/ 0) # 900
SJC HCM5,635/ 5,700
(0/ 0) # 885
SJC Hanoi5,635/ 5,702
(0/ 0) # 887
SJC Danang5,635/ 5,702
(0/ 0) # 887
SJC Nhatrang5,635/ 5,702
(0/ 0) # 887
SJC Cantho5,635/ 5,702
(0/ 0) # 887
Cập nhật 28-09-2021 05:49:11
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,750.99+1.490.09%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2204022480
RON 95-II,III2194022370
E5 RON 92-II2071021120
DO 0.05S1658016910
DO 0,001S-V1693017260
Dầu hỏa1564015950
ↂ Giá dầu thô thế giới
WTI$75.26-0.57-0.76%
Brent$79.40+0.460.57%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.630,0022.860,00
EUR25.993,7727.346,60
GBP30.324,2231.591,18
JPY200,45212,05
KRW16,7520,39
Cập nhật lúc 18:54:42 27/09/2021
Xem bảng tỷ giá hối đoái
binance main right Fxpro aetos main right adver main right