Apple Inc. (NASDAQ:AAPL) Recalled MacBook Pro laptops sold between September 2015 to February 2017

On Thursday, Apple Inc. (NASDAQ:AAPL) recalled some MacBook Pro laptops sold between September 2015 and February 2017 due to a battery issue. Company said that the “battery that may overheat and also pose a safety risk”, should be recalled.

The Cupertino, California-based technology company recently said in a statement that it is asking customers to stop using the computers. The problem affects the 15-inch version of the older MacBook Pro. The company said it will replace the batteries in these models at no charge.

“Apple has determined that, in a limited number of older generation 15-inch MacBook Pro units, the battery may overheat and pose a fire safety risk,” the company wrote.
Technical Stock Analysis

Apple Inc. (NASDAQ:AAPL), a Consumer Goods sector firm, traded 22.07 Million shares in last trading session and stock rose 0.80% with closing price of $199.46 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and Apple Inc. (NASDAQ:AAPL)’s gross margin stands at 38.10%.

Investment Worthy Stock or not?

For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a Apple Inc. (NASDAQ:AAPL)’s profitability or to compare the efficiency of different investments, hence, AAPL return on investment (ROI) is 26.60%.

52-Week Range

52-Week Range are valuable stats for watching Apple Inc. (NASDAQ:AAPL)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. Apple Inc. (NASDAQ:AAPL)’s stock value has moved between $142.47 – 234.66 in last one year.

Analyst’s Views

Analysts mean target price for Apple Inc. (NASDAQ:AAPL) is $210.89 while analysts mean recommendation is 2.20.

Stock Performance

Its weekly performance is 2.74% while year to date (YTD) performance is 26.45%.

EPS Growth

Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. Apple Inc. (NASDAQ:AAPL)’s EPS growth this year is 32.60%. For best decision making investors should look at Apple Inc. (NASDAQ:AAPL)’s EPS growth for next year stands at 10.54%.

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