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Apple to ship 10% more iPhones in 2024

Bloomberg is reporting that Apple aims to ship 10% more new iPhones in 2024 after a bumpy 2023.

Apple shares are now trading up $3.68 or 1.61% at $232.39 and reached a new record high level.

Shares of Apple are up 20.37% in 2024 after rising 48.18% in 2023.

Looking at the daily chart, a channel trendline cuts across at $234.50. That is the next target technically on more upside momentum. Shares are also working on its seventh consecutive day higher.

This article was written by Greg Michalowski at www.forexlive.com.

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This article was written by Greg Michalowski at www.forexlive.com.