Apple Inc. (NASDAQ:AAPL) is not finished yet

Apple Inc. (NASDAQ:AAPL)’s ability to innovate is currently unmatched, because it is the company that is always bringing something new and out of the ordinary every now and then, according to the company’s CEO, Tim Cook.

In the view of Cook, the company is doing well in the charged environment of the technology industry, thanks to its ability to innovate. Cook nullified the possibility that his company has passed its peak time and now it is on the track of decline.

Cook carried on by adding that they have the firing power to shock the world, as they did in the past. They will keep on innovating in the future as well. This is the summary of a speech given by the CEO on the occasion of Goldman Sachs Technology and Internet Conference.

http://timesofindia.indiatimes.com/tech/tech-news/hardware/Apple-still-has-magic-innovation-CEO-Tim-Cook/articleshow/18470797.cms

Shifting reader’s focus to the broader market, let us consider the market performance of other stocks that significantly affect the same sector. Concurrent Computer Corporation (NASDAQ:CCUR) rose +3.94% to settle at $7.92, SanDisk Corporation (NASDAQ:SNDK) moved down -0.48% to end at $49.62, while Digi International Inc. (NASDAQ:DGII) jumped +0.60% to finish at $10.09 on Tuesday.

Apple Inc. (NASDAQ:AAPL) last session’s volume of 21.75 million shares was higher than its average volume of 21.64 million shares. The stock, after opening at $479.51, hit the high price of $482.38 and then closed at $467.90 by scoring -2.51%.

The liquidity measure in recent quarter results of the company was recorded 1.54 as current ratio. The Company had total cash of $39.82 billion at hand and a book value per share as $135.62 in the most recent quarter.

The stock’s price volatility was 2.89% for a week and 2.69% for a month as well as price volatility’s Average True Range for 14 days was 14.28 and its beta remained at 1.04.

AAPL generated revenue of $164.69 billion in the previous twelve months and earned $41.75 billion. The Company showed a positive 25.35% in the net profit margin as well as in its operating margin, which remained at 33.46%. The Company’s annual sales growth for the past five years was 44.81%.

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