Tag Archive | "Apple Stock"
Citigroup raises Apple stock target to $600
Barron’s reports: Citigroup’s Richard Gardner this morning reiterates a Buy rating on shares of Apple and a $600 price target after hosting a meeting on Thursday with chief executive Tim Cook andCFO Peter Oppenheimer on Apple’s campus. Among the “key points” Gardner gleaned was that Cook reiterated a view that expansion in theiOS operating system platform will lead to tablet sales eventually [...]
Continue reading...Apple may issue dividend in early 2012 – Rumor
Tuesday, December 20, 2011
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As Apple’s hoard of cash continues its epic rise to the $100 billion level, the company’s stock price seems to be languishing in the upper $300 range. And while most companies would kill for Apple’s market cap – second only to Exxon – there’s no getting around the fact that Apple’s share price is abnormally [...]
Continue reading...Newly elected Apple board member Bob Iger purchases $1 million in Apple shares
Friday, December 9, 2011
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Apple three weeks ago made some adjustments to its Board of Directors when it announced that longtime board member Arthur Levinson would become Chairman of the Board and that it had also tapped Disney CEO Robert A. Iger to become a new member of the board. Tim Cook had this to say about Iger in [...]
Continue reading...Slew of analysts increase iPhone sales estimates for holiday quarter
Thursday, December 8, 2011
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During Apple’s most recent earnings conference call, CEO Tim Cook predicted that the current holiday quarter would prove to be the company’s most successful yet with respect to iPhone sales. And so far, there’s no reason to think otherwise. The iPhone 4S stormed out of the gate with a record 4 million units sold in [...]
Continue reading...Apple shares hit all-time closing high of $422 thanks to successful iPhone 4S launch
Saturday, October 15, 2011
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By Sarah Petit: The iPhone 4S is on track to be the most successful iPhone to date. Yesterday, AT&T said that the iPhone 4S saw more launch-day activations than any other iPhone in history. Sprint meanwhile said that the iPhone, in just 12 hours, had already become its most successful product launch in company history. [...]
Continue reading...Apple’s share price relative to a new iPhone launch
Tuesday, October 11, 2011
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By David Goldman: With the iPhone 4S set for release on October 14, we looked back at previous iPhone launches and compiled a chart tracking Apple’s stock performance in the weeks and months after launch day. As the chart below indicates, Apple’s stock price four months after launch day tends to yield the best return [...]
Continue reading...Barclays analyst Ben Reitzes ups stock target for Apple shares to $555
Tuesday, September 27, 2011
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On September 6th, Apple shares were trading $369.90. But over the past few weeks, Apple shares have enjoyed a meteoric rise to +$400 levels, reaching as high of $422.70 last Tuesday. Notably, many analysts believe that Apple’s stock price is poised to rise even further.
Continue reading...Goldman Sachs raises 12-month Apple stock target to $520
Friday, September 23, 2011
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Apple shares have risen with breakneck speed over the past few weeks, reaching an all-time high of $422 this past Thursday. Still, it may not be time to sell your Apple stock just yet as shares may continue to climb upward into the lower $500 level. In a recent research note to investors, Goldman Sachs [...]
Continue reading...Apple is too big for the Dow Jones Industrial Average
Wednesday, September 21, 2011
Apple shares have been on an absolute tear this week. On Monday, Apple shares climbed nearly 3% to close at $411.63, an all-time high for the company at the time. On Tuesday, investors kept the rally going as Apple shares surged ahead $1.82 to close at $413.45, besting the previous day’s all-time high. Also impressive [...]
Continue reading...Apple shares break $410 for first time in company history
Tuesday, September 20, 2011
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Shares of Apple yesterday climbed $11.13, closing out the day at $411.63 which marks the highest closing price for Apple shares in company history. In intraday day trading, the stock reached an all time high of $413.23. There were no conspicuous factors behind the sudden climb, but we have to imagine that the impending announcement [...]
Continue reading...Why stock splits, stock buybacks and dividends don’t make sense for Apple
Monday, September 19, 2011
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With Billions of dollars in the bank, Morgan Stanley analyst Katy Huberty recently issued a research note claiming that Apple will either issue a dividend or initiate a stock buy back. Huberty confidently writes, “We believe Apple is more likely than ever to return cash to shareholders.” This of course flies in the face of [...]
Continue reading...Apple’s stock price under the reign of Steve Jobs
Thursday, September 8, 2011
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A picture is worth a million words, or perhaps in this case, a million bucks – many times over. With Steve Jobs at the helm of Apple since 1997 (though he wasn’t officially the CEO until a few years later), Apple reemerged as one of the most innovative and emulated technology companies in the world. Its [...]
Continue reading...Apple board awards Tim Cook 1 million restricted shares of stock if he stays until 2021
Saturday, August 27, 2011
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With Tim Cook now firmly at the helm at Apple, Apple’s board of directors have made him an offer he can’t refuse. Specifically, MacRumors reports that Apple recently filed a form 8-K with the SEC as a result of the change in their executive leadership. 8-K’s must be filed anytime there is a material change [...]
Continue reading...Apple shares largely unaffected by Jobs resignation; Analysts weigh in
Thursday, August 25, 2011
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Well folks, Steve Jobs isn’t the CEO of Apple anymore and as luck would have it, the world didn’t collapse in on itself, Apple’s chain retail stores continue to sell millions of dollars worth of merchandise, and thousands of trusty Apple employees trotted into work today at 1 Infinite Loop.
Continue reading...Apple bull Charlie Wolf sets $540 target for Apple shares
Friday, August 5, 2011
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Dependable Apple analyst Charlie Wolf from Needham & Company upped its target for Apple shares to $540. AppleInsider reports: In Wolf’s latest projection, the iPhone only contributed modestly to his increased price target. Instead, he has increased his models for Mac and iTunes revenue. Wolf breaks down Apple’s projected value per share with a dollar [...]
Continue reading...Apple still has an insanely low P/E ratio [Chart]
Thursday, August 4, 2011
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A few weeks ago, Apple delivered blowout earnings that completely demolished Wall Street’s expectations. For the June quarter, Apple posted revenue of $28.57 billion, setting a new all-time quarterly record. Following Apple’s stellar earnings report, Apple shares began to aggressively climb upward where they would eventually top the $400/share barrier and reach an all-time intraday [...]
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Friday, February 3, 2012
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