A Stellar March For Apple: Unraveling The 12.3% Stock Surge And The Exciting Launch Of Their Buy Now, Pay Later Service

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  • Apple has introduced a new tool called Apple Pay Later, which allows customers to split their purchases into four smaller payments without extra interest or fees.
  • Apple Pay Later enters the popular buy-now-pay-later market, competing with established companies like Klarna and Afterpay.
  • Apple stock has experienced a significant uptrend in 2023, with a price surge of 23.5% to date, making it an investment opportunity worth considering.

 

Apple Inc AAPL has recently released a new tool for their customers called Apple Pay Later. This exciting new feature will allow its users to divide their purchases into four smaller manageable payments. This is all without incurring any extra interest or fees.

With this potentially game-changing addition to their arsenal of products, customers will be able to enjoy making purchases without having to worry about breaking the bank. It's an innovative and simple solution that makes budgeting easy to manage.

With the immense popularity of other buy-now-pay-later options, Apple has finally dipped its toes into this market hoping to take a big chunk of this market.

They follow in the footsteps of other successful companies such as Klarna and Afterpay. Apple will be looking to provide their customers with a convenient and flexible payment option to compete with them for this service and steer their customers their way.

This service allows users to make purchases of $50 or more, up to a maximum amount of $1,000, and just with the simple click of a button.

With Apple's state-of-the-art security protocols, your transactions are safeguarded and kept confidential. So you can rest easy knowing your sensitive data is in good hands.

Apple Pay Later may help some to better manage their spending, however, like all good things in life, it comes with a warning.

While it may lead to easier financial management, it could also lure you into the debt trap! So users must ensure to use it sensibly!

Rather than just focusing on what is possible to save and manage over time, you may want to consider investing in Apple stock, especially seeing how well it has performed recently.

In a boost for investors, March saw a significant uptrend of 12.3%, bringing in some noteworthy profits for those holding this stock during this period.

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2023 to date has brought in good profit with an incredible surge of 23.5% in price, a stark contrast to last year's drop of 26.8%.

It's been an interesting start to the year, and investors are holding on tight as this stock does not appear to be slowing down just yet.

Price is currently in a minor correction, and we are expecting a bounce off the daily 20 simple moving average.

A bounce will likely lead to a continuation of the recent bullish move, so this stock is definitely one to keep your eye on.

After the closing bell on Tuesday, April 11, the stock closed at $160.80, trading down by 0.76%.

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