Can Continued Services Momentum Push AAPL Shares Higher in 2025?
Apple(AAPL) ZACKS·2024-12-11 23:50
Apple (AAPL) shares hit a 52-week high of $248.21 and eventually closed at an all-time high of $247.77 on Tuesday. AAPL shares’ outperformance can be attributed to its improving prospects courtesy the launch of Apple Intelligence, which is an advanced personal intelligence system seamlessly integrated into iOS 18.1, iPadOS 18.1 and macOS Sequoia 15.1.Continued momentum in the Services business has been a key catalyst. It now has more than 1 billion paid subscribers across its Services portfolio, more than d ...