Apple (NASDAQ:AAPL) opened the week at $101.90 and continued its climb, peaking midday Thursday at $106.34. After slipping on Friday, Apple stock closed the week at $105.92 for a gain of $4.02 (+3.95%) over the five-day period. There is much anticipation for new product releases at today's media event, especially for the iPhone SE. This update to Apple's 4-inch iPhone is expected to boost iPhone sales around the globe. More headlines in the world of AAPL follow below.
The buzz surrounding tomorrow's Apple media event has reached a fever pitch. The company is expected to launch a highly anticipated update to the 4-inch iPhone, dubbed the iPhone SE. Besides the deluge of rumors surrounding the event, more leaks seem to have confirmed major changes in the iPhone 7 camera design, speakers and ports. Read on for more on this news and other highlights from the week in Apple.
It has been called the iPhone 6c, iPhone 5se, and now the iPhone SE. Whatever the name, the consensus is Apple will unveil a new 4-inch iPhone at its March 21 media event being held at the Infinite Loop campus in Cupertino, California. Here's what the rumor mill has been saying about the new handset leading up to the event. Remember, nothing has been officially confirmed but this is what we think we know about the iPhone SE. You can see a 9.7-inch iPad Pro rumor roundup here.
Apple stock (NASDAQ:AAPL) was almost completely level during the last week of trading, holding steady over $100. Closing on Friday at $102.26, share prices were down just cents from the open on Monday morning. Compared to the previous week's surge, AAPL is down slightly from its recent high of $103.68. The bulls are still dominating prognostications when it comes to Apple stock, although share prices reflect a wait-and-see attitude. Keep reading for a look at major news that could affect near-term AAPL prices.
New week, new jailbreak tool. Pangu has actually released a fresh jailbreak, however it's only for iOS 9.1 devices. This fact may have tempered the initial excitement but to make up for it, Apple has confirmed its March 21 special media event. The company has many special announcements up its sleeve for that week, including updated hardware and several firmware releases for existing devices. Here are some news highlights from the past week.