Apple Inc. (AAPL) is up 1.1% Tuesday morning after analysts at Wedbush Securities boosted their price target on the stock to $225 from $215. The firm cited stability returning to the stock after its major correction at the end of 2019 and a strong China customer base.
Apple Inc. (AAPL) is a diversified technology company.
PhaseBio Pharmaceuticals, Inc. (PHAS) and Cerner Corporation (CERN) top the list of other companies with positive news today, while Pentair plc (PNR) and Lindsay Corporation (LNN) top the list of companies with negative news.
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About Apple Inc.
Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Watch), and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple’s total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, AppleCare and Apple Pay, among others. Apple’s products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple’s products are distributed online as well as through company-owned stores and third-party retailers. The company generates about 40% of its revenue from the Americas, with the remainder earned internationally.