So, Apple (AAPL) is having a bad year, you say? Not long ago, the talk on Wall Street was all about the tech giant’s uncharacteristically underperforming stock, especially when compared to some of the other mega-caps’ displays in 2021. With shares hitting an all-time high this week and the gap in performance narrowing over the past month, that conversation can now be put to rest. The uptick has coincided with reports Apple has boosted the production rate of its iPhones, instructing manufacturers to build 90 million iPhones this year, a 20% increase on the 75 million units it produced last year.
https://www.tipranks.com/news/article/apple-stock-next-stop-175
Apple (NASDAQ:AAPL)
Historical Stock Chart
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Apple (NASDAQ:AAPL)
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From Sep 2020 to Sep 2021 Click Here for more Apple Charts.