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As the company continues to make significant investments across all its business segments and launch powerful new generation products, it should witness solid growth in users and maintain a robust financial performance in the coming quarters. In addition, major updates to its iOS 15 to further protect user information and enhance their experience and its strategic launches should help it maintain strong sales momentum.
Closing yesterday’s session at $149.71, AAPL is trading just 1.3% below its 52-week high of $151.68.
