The year 2014 has been a scintillating year for Apple Inc. (NASDAQ:AAPL) with a very successful launch of its newest large screen iPhone 6 and 6 plus, and stock prices soaring sky high. The company also achieved the credit of being the company with highest ever market cap in the world. FBN’s Liz Claman talked on Fox Business ‘Claman on Call’ show about the very successful Apple Inc. (NASDAQ:AAPL).
“[…] What a year it has been for one stock in particular, Apple. Blockbuster new smartphones flying off the shelves and still in short supply for the holiday season. I was joined by former Apple CEO, John Sculley. He told me that Apple with Tim Cook leading the charge is doing everything right. The stock up 40% over the past year,” Claman said.
Apple Inc. (NASDAQ:AAPL) has shown consistent growth for the last 5 years and many investors like Carl Icahn feels that the company is still trading at a much lower price than its true potential. Icahn suggested in his letter to Apple Inc. (NASDAQ:AAPL) that the company’s share is worth $200 dollar and he suggested to do more share buybacks to realize the true potential of the company.
A lot of good things has happened in 2014 for Apple Inc. (NASDAQ:AAPL), important of which being the very successful and record breaking launch of iPhone 6 and 6 plus. The new handsets recorded more than 10 million units sold in the first weekend after the launch. Surprising fact is that the earlier model, iPhone 5S recorded mush lower sold units including the sales in China. The newest iPhone sales did not include sales in China, which many people expected to be a big hit in China too.
Many are attributing the success of Apple Inc. (NASDAQ:AAPL) to Tim Cook’s leadership including the former CEO, John Sculley. Many feel that his approach is much more growth oriented for the organization and the business. Apple is expected to launch its Apple Watch in 2015, which again might stay as a catalyst for growth in 2015.
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