Tech mogul and one of the largest corporations in the world, Apple Inc., has so far had a great start to 2019. The company’s shares are up 27 percent since January 1st but are still measurably lower than Bitcoin’s price increase throughout the same period.
APPL Stock Rises in 2019
It’s safe to say that Apple is seeing a good year so far in 2019. Since January 1st, the company’s shares price has increased by around 27 percent, currently trading at $200.67 per share.
Most recently, Apple’s CEO has shared his take on the company’s results for Q2 of 2019. According to the executive, one of Apple’s core strengths throughout the quarter were its services as the revenue reached $11.5 billion, representing the “best quarter ever.”
Additionally, the popular iPad product has also seen a growth in its revenue which is up 22 percent from a year ago. Wearable devices have also surged with almost 50%.
It’s not all good news, however. Apple’s iPhone, which is perhaps the company’s flagship and most popular product,…