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Apple stock woos investors | |
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| Time: 22:41 EST/03:41 GMT | News Source: Macworld UK | Posted By: Erick Cordero | ||
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Apple has reinvented itself as a valuable investment and its 50 per cent rise in stock values is testament to the company's insanely great turnaround. While investing in Apple was once seen as a steady though not enormously profitable stock investors are now more "willing to value" the company, Reuters reports. The company's stock is now attracting long-term and momentum investors. Cross Research analyst Shannon Cross told Reuters: "Longer-term investors are looking at it right now and saying Apple's got these great products out there and more coming and we trust them." | ||
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