Apple's stock is ready to do anything it hasn't done for 8 years

Stocks of tech giant are up tomorrow trading Tuesday, putting them on pace to post their 10th fast day of winnings. happened since October 2010. The rally comes after Apple's celebrated event on March 25, beginning disappointing investors and Wall Street.

Apple presented three new subscription services two weeks ago, including a TV service, game package, and all-you-read read magazine subscription. It also announced a credit card in collaboration with Goldman Sachs, but the announcement underestimated analysts when the pricing of TV streaming is still in the air and they expect limited range of the Apple card. .

Now that the dust has settled, the focus has returned to Apple's flagship product, iPhone. While tech giant has suffered from lowering demand for the smartphone, it still holds a leading position in the market, analysts say.

"After a turbulent few months, the calm is restored," says Wedbush tech analyst Daniel Ives in a note on Tuesday. "With some recent price reductions, the demand trend slows down in this all-important region [China] for Cupertino." Apple is headquartered in Cupertino, California.

Apple has beaten iPhone prices by 6% in China after the company had lower revenue than expected for the first quarter in the region.

A recent survey of 8,000 teenagers by Piper Jaffray shows Apple's place as the dominant device brand among teenagers "remains well intact," analyst Michael Olson said in a note to investors Monday. The analyst repeated his overweight class on Apple stocks with a $ 201 price target.

Apple shares rose more than 1% to $ 202.4 in morning trading on Tuesday. The stock is above 28% in 2019, with its market value climbing to $ 943.5 billion on Tuesday.