Apple Stock (AAPL) Outlook: China iPhone Demand Surprise, App Store Regulatory Pressure, and Wall Street Forecasts Ahead of Monday’s Open
Apple Inc. (AAPL) closed at about $273.40 in after-hours trading Friday as U.S. markets ended a quiet post-Christmas session nearly flat. Investors are watching strong foreign phone shipment data from China, which showed a 128.4% year-over-year jump in November, including iPhones. Apple faces continued regulatory and legal pressures around its App Store and Apple Watch heading into Monday’s session.