Can Apple Stock Be Improved By Apple Pay

The stock of the iPhone making company has a huge chance of climbing an upward stairs on the index if the new payment methods hits off successfully

Apple Inc has been carrying out activities on the stock index which has made the analysts believe that the company might be facing some serious issues in making the required sales that it thought it could make. For the past few days, the iPhone makers have been struggling to maintain strength on the index which is something that it normally does not have a problem with. Out of its character, the company is also falling behind in the records that the S&P 500 keeps in its equity profile, which is yet another factor that is dangerously pulling the stock value downwards.

Some analysts in the industry believe that the main problem that is attacking the Apple stock has got to be the sluggish sales that are being currently made in China, which is the biggest asset of the iPhone 6 Plus makers, as the Asian country gives it a massive boost to the total revenue generation it makes in a quarter or on a yearly basis. However, there some equity firms in the market that are of the opinion that the industry needs to stop focusing only on the sales that are being made of the iPhone 6s or the newly launched iPad which are just some flagship products of the software giant. Also, the Apple TV is also discussed on the social media more than enough but what the analysts forget to mention is the new payment method or service which was launched by the giant previously but failed to get as much limelight as its other products.

Apple stock news suggest that Analysts are of the opinion that Apple Pay could be considered as one factor which helps the stock of the tech giant to go upwards, despite the continuous negativity. According to an official press conference that was made following the instability on the stock, a representative from the payment services was seen to speak of how the service is currently being worked upon and tested in a way that makes it perfect for the users. It was also noted that by the year 2016, some considerable changes will be made to the product, which means that it could definitely end up bringing about a change to the share value, either good or bad.

The software giant is all set to offer the service to customers to be used at Starbucks, covering all of its outlets, along with eateries like KFC and Yum! Brands. By that time of the fiscal year, analysts believe a lot of positively can be expected once the payment system is being used by a lot of Apple customers.