14 Hot Apple Stories Help Stock Above $425 This Week
Expectations are boiling for Apple (NASDAQ:AAPL) in the second half of the calendar year, but investors are still weary of bidding the iPhone maker’s stock too high. While shares managed to edge up 5.27 percent in the first week of the month, the stock fell $2.37, or -0.57 percent, to $415.05 on Monday. Here’s a cheat sheet to today’s top Apple stories:
How is Apple Growing Faster than Google in the U.S.?
With the help of T-Mobile (NYSE:TMUS), Apple has managed to sweep up a little extra market share for itself in the early part of the year. According to recently released data from Kantar Worldpanel, Apple managed to take 41.9 percent of sales in the U.S. smartphone market, and that share could grow. Apple has had a lot to contend with over the past several years, considering the speedy growth of Google’s (NASDAQ:GOOG) Android platform as a serious worldwide competitor. However, Apple has managed to stay strong in the U.S. market thanks in part to its early presence and U.S. heritage that gives it an edge on devices from foreign original equipment manufacturers like Samsung (SSNLF.PK)… (Read more.)