When the markets closed this past Friday, Apple’s stock price was up over 8 points and finished the day trading at $218.95 a share, marking the highest share price Apple has ever traded at in its entire history. There are a few things to take away from this.
Continue reading...Friday, February 26, 2010
At today’s Apple shareholder meeting, the issue of dividends was brought to the forefront and promptly shot down. As a quick aside, Apple hasn’t payed a dividend since 1995 and it doesn’t look like they’ll be paying one anytime soon.
Continue reading...Friday, February 12, 2010
Needham & Company analyst Charlie Wolf wrote in a note to investors today that Apple’s stock is poised to hit $280 on the strength of stronger than anticipated Mac and iPhone sales. Wolf also anticipates that the upcoming iPad will be a significant revenue stream. Some other variables factoring into Wolf’s stock projection include Apple’s massive [...]
Continue reading...Friday, January 15, 2010
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In 2010, Apple will begin including the full sale price of each iPhone sold into its earnings, as opposed to now where Apple defers the cost of an iPhone over a 24 month period. This revenue deferment often results in analysts underestimating Apple’s financial health as its earnings reports don’t accurately reflect just how much [...]
Continue reading...Wednesday, December 16, 2009
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Morgan Stanley analyst Kathryn Huberty doesn’t exactly have the best track record when it comes to Apple, but her latest report is worth taking a look at, if only for here unusually optimistic take on Apple’s stock price. In a recent report, Huberty laid down 3 varying scenarios for Apple’s stock price in 2010 (bear, base, [...]
Continue reading...Monday, December 14, 2009
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JP Morgan analyst Mark Moskowitz recently raised his stock target for Apple up to $230, up from a previous targt of $220. For the current quarter, Moskowitz anticipates Mac sales of 3.29 million, iPhone sales of 8.18 million, and iPod sales of 21.97 million.
Continue reading...Wednesday, December 9, 2009
As Apple’s stock price continues to lurk in the $200 price range, CLSA Asia-Pacific Markets analyst Steven Fox opened up his firms coverage of Apple with a price target of $260. “Apple’s ecosystem is in the process of meaningfully expanding its reach through an increasingly robust set of applications,” Fox wrote in a recent note [...]
Continue reading...Wednesday, October 28, 2009
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ifoAppleStore reports that Apple has begun transitioning from the EasyPay portable devices it currently uses to conduct on the spot sales to an iPod Touch with an attached scanner running point of sale software. First, the iPod touch scanner will allow employees to capture data from products that have multiple barcodes using a single pass, including [...]
Continue reading...Wednesday, October 28, 2009
Before Apple released its record breaking earnings report last Monday, Jim Cramer noted on his “Mad Money” TV show that Apple’s earnings would disappoint, and that investors should prepare themselves to “buy Apple on weakness on Tuesday morning.” Apple’s earnings, of course, blew analyst expectations out of the water, and in the following few days, [...]
Continue reading...Tuesday, October 20, 2009
This isn’t all that surprising really, but take a look at what CNBC talking head Jim Cramer had to say about Apple prior to their earnings announcement yesterday afternoon. “Your game plan next week is to buy Apple on weakness on Tuesday morning,” Jim Cramer said on Friday’s “Mad Money” TV show. He told viewers that [...]
Continue reading...Sunday, October 18, 2009
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In a note to investors late last week, analyst Yair Reiner of Oppenheimer said that Apple’s reported revenue may come in slightly below expectations due to some trouble Apple had during the quarter keeping up with booming iPhone demand. But in the grand scheme of things, it’s always better to have demand outweigh supply than the [...]
Continue reading...Thursday, October 1, 2009
As the Apple money making and iPhone manufacturing machine continues to press on forward, analysts are finally starting to come around and acknowledge that there’s still a lot of room for Apple to grow.
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Saturday, March 6, 2010
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