{"id":400845,"date":"2022-01-28T21:48:44","date_gmt":"2022-01-28T18:48:44","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/apple-stock-soars-over-6-after-iphone-maker-teases-metaverse\/"},"modified":"2022-01-28T21:48:44","modified_gmt":"2022-01-28T18:48:44","slug":"apple-stock-soars-over-6-after-iphone-maker-teases-metaverse","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/apple-stock-soars-over-6-after-iphone-maker-teases-metaverse\/","title":{"rendered":"#Apple stock soars over 6% after iPhone maker teases metaverse"},"content":{"rendered":"<p>&#8220;<strong>#<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a>le stock soars over 6% after iPhone maker teases metaverse<\/strong>&#8221;<\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Apple\u00a0shares rose over 6% Friday after the iPhone maker reported blockbuster results and teased its metaverse ambitions, holding out against a rout in <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> and growth stocks from the start of this year.<\/p>\n<p>If gains hold, the iPhone maker\u2019s stock is set to snap an eight-day losing streak in its attempt to recover from what is shaping up to be its worst monthly performance in a year.<\/p>\n<p>The world\u2019s largest company by market value raked in sales of nearly $124 billion and profit of $34 billion, showcasing its ability to navigate a global supply crunch during the crucial holiday quarter.<\/p>\n<p>The stock was trading up 6.2% at $169.09 after the noon hour Thursday.<\/p>\n<p>\u201cApple\u00a0is known for its supply-chain prowess and many wonder about the actions\u00a0Apple\u00a0has taken and will take to better position itself for this calendar year,\u201d Third Bridge analyst Scott Kessler said.<\/p>\n<p>Apple\u00a0also teased its metaverse ambitions as Chief Executive Tim Cook talked of the company investing in the expansion of its library of 14,000 augmented reality apps, prompting strong investor response.<\/p>\n<p>At least 11 brokerages raised their price targets for the stock, bringing the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>n price target to $188.5, according to Refinitiv data.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apples-shares-rise-on-strong-earnings2.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"iPhone 13 Pro phones displayed at a store\" class=\"wp-image-21005424\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apples-shares-rise-on-strong-earnings2.jpg?quality=90&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apples-shares-rise-on-strong-earnings2.jpg?quality=90&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apples-shares-rise-on-strong-earnings2.jpg?quality=90&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>Apple raked in sales of nearly $124 billion in the holiday quarter, bucking supply-chain issues impacting the tech sector.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<\/div>\n<p>Apple\u2019s stock has been under pressure this year from a rate hike-driven tech sector selloff, which also hit giants like Alphabet Inc and Microsoft.<\/p>\n<p>But following the quarterly results,\u00a0Apple\u00a0bucked the trend, leading gains among the tech-heavy Nasdaq 100 index\u2019s constituents and the benchmark S&amp;P 500 index.<\/p>\n<p>\u201cStill a lot of uncertainty about the tech sector, which remains very expensive and with the Fed overhang of possible further hawkish surprises,\u201d said Andrea Cicione, head of strategy at TS Lombard.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/01\/28\/apple-stock-soars-over-6-after-iphone-maker-teases-metaverse\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Apple stock soars over 6% after iPhone maker teases metaverse&#8221; Apple\u00a0shares rose over 6% Friday after the iPhone maker reported blockbuster results and teased its metaverse ambitions, holding out against a rout in technology and growth stocks from the start of this year. If gains hold, the iPhone maker\u2019s stock is set to snap an&#8230;<\/p>\n","protected":false},"author":1,"featured_media":400846,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/01\/apples-shares-rise-on-strong-earnings.jpg?quality=90&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[125035,5029,70237,5030,70359],"class_list":["post-400845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-1-28-22","tag-apple","tag-corporate-earnings","tag-iphone","tag-stocks"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/400845","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=400845"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/400845\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/400846"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=400845"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=400845"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=400845"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}