Apple Inc Stock Analysis :: Essays Papers

apple Inc stock analysis orchard apple tree Computer Inc designs, manufactures, and markets personal computers and related personal computing and communication solutions. The relapse of Steve Jobs, the companies founder, as CEO has pulled the companys stock price up 775-percent through his launch of innovative products such as the iMac computer line. On January 5, 2000, Jobs announced that he was dropping interim from his CEO title and victorious the job full-time. With this news and Apples new products such as the iBook, a portable pc and Quick TV, an cyberspace television price of admission feature, Apple Computer is headed for success and is sure to emergence their share in the computer market.The stock price is currently 103.31, down from a new-fashioned high of 121.50. The P/E ratio is declining at 28 and important at .67, which is expected to grow closer to 1.0. A recent meshwork surprise last December yielded a 15% difference from the start expectations a nd the latest earnings reports late last month also strike investors. Estimates for the 2000 fiscal year are being raised by a large majority of analyst who believe that earnings per share bequeath increase and the stock price will reach close to 150.On January 25, 2000, Apples portable pc the iBook was ranked number 1 in its fourth quarter market and gives Apple a 10% share of all portable computers in the U.S. retail market and is estimated to perplex a 7% in foreign markets. I believe an increase in demand for this product over the next few months and Apples ability to supply the increase will be little by little pushing the price upward. The introduction of Apples new in operation(p) system is underway and is sure to boost stock price after the new product is highly marketed. Apples partnership with Earthlink, an internet service company will provide them with an opportunity for advancement into the industry. A new feature for Mac users is Quick TV, which allows users to watch TV on the internet.