Apple Stock: iPhone Likely To Fuel The Next Rally


Apple stock  (AAPL) – Get Apple Inc. Report could be on the verge of another rally. While shares are modestly down for the day as I write this sentence, they have climbed a whopping 9% from the intraday low of only one week ago.

The market landscape remains challenging for stocks, but Apple’s strong business fundamentals make it stand out. The iPhone segment, in particular, may be the key pillar of Apple stock’s next rally — which investors hope will not take very long to shape up.

Figure 1: Apple Stock: iPhone Likely To Fuel The Next Rally

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