SHARES APPLE INC. INCREASING AFTER THE AMERICAN MULTINATIONAL TECHNOLOGY COMPANY ANNOUNCES THE LATEST MAX AIRPODS PRODUCTS

08.12.2020
Market News
9th Dec. - Apple Inc. shares experienced an increase this week when it jumped to the level of 124.63 compared to opening at the level of 122.91 earlier this week.

The increase in share value came after the world's giant technology company launched their latest product, AirPods Max. AirPods Max is the first headphones accessory to be released under the Apple Inc. brand.

Apple Inc. reported recorded an increase in revenue as in the report dated 29 October 2020. Increased revenue to 64.7B compared to 59.69B on 30 July 2020, followed by an increase in EPS to 0.73 compared to 0.645 in the July 2020 report.





Until the third quarter of 2020, Apple Inc. recorded a gross profit of $ 103.956B, an increase of around 6.67% over 2019.

---------------------------

AHMAD FAIZUDDIN BIN RAZALI

CHIEF ANALYST OF CDG GLOBAL