Apple shares at their all-time high in two years

Apple's stock price has changed trend in less than 12 months. It was the first half of 2015, when Apple shares were at market highs, being the first company in the world by market capitalization.

The company began to have maturing products. That is, it sells a large number of iPads, Macs and of course iPhones, among the most prominent products. It is only possible to sell more, with something attractive enough for the customer to change their current product for a new one. But at that time Apple's inventiveness was not at its peak.

From that moment, sales began to decline due to lack of new products in its products and the company did not improve the quarterly results obtained in the same period of the previous year, therefore, Apple was already earning less. But Apple acted fast: the company's enormous resource capacity enables it to perform large investments in R&D. Invest to continue growingThis has been Apple's philosophy for the past few months. News in the evolution of iPhones, the development of MacBook, as well as the recent MacBook Pro, are an example of this.

Apple is trading today at € 134, still one euro below its high of April 28, 2015. But stock analysts indicate that the value of the share is undervalued. The shares have not stopped growing in the last four months. In the last publication of results last January, the price increased by $ 7 in a single day.

Today, Apple is one of the most valuable companies, with a market capitalization close to seven hundred billion. Steven milunovich UBS and other prestigious analysts predict growth in the stock. Drexel Hamilton goes further and puts the target value of the share at € 185.