Where Is Apple Stock Headed?

The software giant has shown great growth signs in China which can also help it to think about dividend growth as well

Apple stock has been behaving in a surprising manner for quite some time now and the most amusing fact that has been keeping the analysts at an edge about the company is how its share price on the index has not climbed up, despite the improvements it has reported in the last quarter. In the past three month fiscal period, the smart phone giant managed to release a strong report on how it not only attained a strong profit in the quarter but also how it also scored really high sales figures as well, which according to the analysts, was meant to give the share price a major boost in the stock market.

However, no such progress was seen in the stock value even after such strong sales and revenue figures. One more factor that cannot be denied is that Apple share value has been receiving an amazing feedback from China which has helped its stock to climb the ladder up high and it can clearly be seen that without the sales from the Asian country, the growth observed by the Californian company is not much to be taken into consideration.

Analysts are of the opinion that for investors who are looking for reasons to grow in the industry but are not too sure of investing in an emerging market just yet, they should definitely own some shares in the Apple stock as it seems to be gaining strength every day, coming in majorly from the Chinese sector. The growth that was seen in the Asian country in the last quarter only showed a colossal growth of 84 percent on a year over year basis, with the total revenue generated from the country alone coming around at $58.7 billion.

According to a recent report on the Apple business, it was reported that the giant could be experiencing a ‘China syndrome’, which is due to the excessive sales it seems to be making in the country without any signs of slowing down. News has it that the software giant is not only becoming popular even more each day in the country because of its new iPhones, but it has also been selling off iPhone 5 and 5s, which are comparatively much older versions of the phone given how the new ones have been around for some time now, and this shows that the company is enjoying a great time in the markets without a lot of hassles.

This growth in China has also made the analysts in the industry think about dividend growth as well, that the tech giant can observe in the near term future and which can make things better even for the investors.