Apple Inc (AAPL-NASDAQ) has introduced the new iPhone 17 series, the M4 MacBook Air and more! The company also recently introduced the new M4 Pro and M4 Max processors, which will be integrated into the latest Apple-branded computers. The company is gearing up for an ambitious 2025, when it plans to release more than 20 new products, including software updates and new hardware. All will continue to focus on growing service revenue. A new MacBook Air with the M4 chip could come to market as early as January, while other key products are expected later in the year.
Services revenue, which has been a cornerstone of Apple’s growth, will continue to play a key role this year. As hardware development undergoes innovation, the company is expected to lean heavily on its subscription-based services ecosystem.
Reports suggest that the 13-inch and 15-inch MacBook Air models with M4 chips could arrive this month, ahead of the launch of the iPad Air, basic iPads and iPhone SE models, which are rumored to launch in March this year.
Apple Inc. continues to demonstrate its strength as a technology leader with innovative products and solid financial performance. For investors looking for long-term growth, Apple Inc (AAPL-NASDAQ) stock remains an attractive option, primarily due to its steady revenue growth, expansion in new product sales, and development of its proprietary AI ecosystem.
Apple Inc (AAPL-NASDAQ) also pays regular attractive quarterly dividends to its shareholders. The dividend yield is currently 0.41% p.a. The actual dividend amount has been approved by the company’s annual general meeting at $0.25 per share. The average target price has been set by tipranks.com analysts for the short to medium term investment horizon at $243.22 per share.
