Analysis: Apple Inc.

US:AAPL

Why is Apple Inc. stock rising?

  • U.S. launch of Apple Upgrade, a Klarna-partnered hardware leasing program that could increase device upgrade frequency.
  • Introduction of advertising in Apple Maps in the U.S. and Canada this summer, creating a new local-services ad inventory.
  • Multi-year Broadcom agreement expected to exceed $30 billion to design and produce custom silicon components and wireless connectivity in the U.S.
  • Upcoming opening of the Apple Advanced Manufacturing Center in Houston, where Mac mini production is planned later in the year.

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