Tag Archive | "Apple Stock"
Apple unrelenting in its legal battle against a slew of Android-based handset manufacturers
Upon introducing the iPhone in 2007, Steve Jobs famously stated: We’ve been pushing the state-of-the-art in every facet of design… We’ve been innovating like crazy for the last few years on this and we’ve filed for over 200 patents for all of the inventions in iPhone. And we intend to protect them. Over 4 years [...]
Continue reading...Apple shares top $400 for first time in company history; Yet P/E still lags behind
Tuesday, July 26, 2011
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Following Apple’s stellar earnings announcement last week, shares of the company have continued to trend upwards, reaching all-time intraday and closing highs on consecutive days. At the close of the bell on Tuesday, shares of Apple were up $4.91 to $403.41. Earlier in the day, shares reached as high as $404.50 a share. Apple is [...]
Continue reading...Shares of Apple stock get no respect
Monday, May 23, 2011
Without aberration, Apple posts record breaking earnings results quarter after quarter. And while Apple’s stock has skyrocketed considerably over the past couple years, it still seems that Wall St. isn’t giving the stock a fair shake. In an in-depth piece on the matter for Seeking Alpha, Andy Zaky delves into Apple’s financials and explores why [...]
Continue reading...Apple Engineering VP Bob Mansfield sells 99% of his Apple shares
Thursday, April 28, 2011
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By Josh Rosenthall With Apple shares trading at about $14 below its all-time high, Apple executive Bob Mansfield thought it’d be a good idea to trade in a boat load of his AAPL shares and turn some of that paper money into money in his bank account. Mansfield is currently Apple’s Senior VP of Hardware [...]
Continue reading...Nasdaq to cut Apple’s weighting in the Nasdaq 100 index from 20% down to 12%
Monday, April 4, 2011
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Nasdaq tomorrow will announce plans to re-weight the Nasdaq 100 index to reduce the impact of Apple which currently comprises 20% of the index. The Wall Street Journal reports that the move is the result of Apple stock’s meteoric rise over the past few years and that the recalibration of the index will leave Apple [...]
Continue reading...JMP Securities analyst Alex Guana explains why he downgraded Apple shares
Monday, March 21, 2011
Apple shares took a significant hit last week after JMP Securities Analyst Alex Guana downgraded the stock amid concerns of a manufacturing slowdown at Hon Hai. Seeing as Hon Hai, which owns Foxconn, is an important manufacturing parter of Apple, Gauana deduced that the slowdown must signify a slowdown in Apple manufacturing orders. In short, [...]
Continue reading...Apple shares fall 4.46% to $330 on questionable analyst downgrade
Wednesday, March 16, 2011
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For the second straight day, Apple share took a tumble, dropping 15 points and closing out at $330 a share by the end of trading on Wednesday. The 4.46% drop was precipitated by a rare stock downgrade from JMP Securities analyst Alex Gauana who expressed reservations about Apple’s continued ability to grow. Compounding matters for [...]
Continue reading...Analysts raise targets for Apple shares following blockbuster quarter
Thursday, January 20, 2011
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Apple’s recently announced earnings completely trounced Wall Street expectations. With profits rising by 77% and Apple setting quarterly sales records across much of its product line (Macs, iPhones, and iPads), analysts are adjusting their targets for Apple shares accordingly.
Continue reading...Why Gene Munster thinks Apple shares will hit $1,000 within 5 years
Wednesday, December 22, 2010
Over the past few weeks, shares of Apple have been on a tear. We seemingly can’t go a week without Apple’s stock price hitting new intraday and closing highs. Just this past Tuesday, shares of Apple closed at 324.20, a new closing high. Yet even with such a high stock price, Apple remains a relatively [...]
Continue reading...JP Morgan analyst Mark Moskowitz ups Apple stock target to $420
Friday, December 17, 2010
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Lo and behold, the $400 club for Apple shares continues to grow with the newest addition being JP Morgan analyst Mark Moskowitz. With so much room for growth ahead, Mowkowitz writes that Apple shares will hit $420 in 2011. “While the iPhone and iPad are expected to be the biggest contributors to revenue growth in [...]
Continue reading...Goldman Sachs resumes coverage of Apple with $430 stock target
Tuesday, December 14, 2010
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Shortly before shares of Apple jumped to an all-time intraday high yesterday of $325.06, and before shares closed at an all-time closing high of $321.67, Goldman Sachs resumed its coverage of Apple with a respectable $430 price target. To support the price target, Goldman Sachs analyst Bill Shope argues that other analysts are needlessly worried about [...]
Continue reading...Investment firm CLSA pegs Apple stock target at $400
Monday, December 13, 2010
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In the latest addition to a growing list of analysts and investment firms, the investment firm CLSA recently upgraded their stock target for Apple shares to $400, up from a previous target of $365. Our recent survey of 1,039 US consumers and supply chain checks suggests our iPhone unit estimates are too low, especially when [...]
Continue reading...Yet another analyst bumps up Apple stock target to $400 on tremendous iPad growth
Wednesday, December 8, 2010
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Caris & Company analyst Robert Cihra last week issued a note to investors wherein he raised his stock target on Apple shares to $400 from a previous target of $375. Citing stunning iPad growth, Cihra writes that Apple essentially created its own growth through innovation while its competitors continue to wander around, lost “in a [...]
Continue reading...Microsoft is a better stock buy than Apple? Puhleeze
Tuesday, December 7, 2010
I thought Motley Fool was supposed to be a source of good investment advice, but if this article from Chris Baines is any indication, MF readers might as well divest immediately and either put their money under their mattresses or invest in magic beans. Baines attempts, quite unsuccessfully, to articulate why Microsoft is a better [...]
Continue reading...Dan Loeb’s Third Point invests in Apple
Tuesday, November 23, 2010
The Wall Street Journal profiles three billionaire investors to see what stocks they’re tracking and investing in these days. Dan Loeb’s Third Point is one of the most successful hedge funds of the past decade. Loeb probably makes about a billion a year off the fees his fund generates. By his picks we can see [...]
Continue reading...Piper Jaffray raises Apple stock target to $429
Tuesday, October 19, 2010
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In the wake of Apple’s record breaking quarter, Piper Jaffray analyst Gene Munster upped his stock targer for Apple shares from $390 to $429. In a note issued to clients, Jaffray writes: While shares of Apple may pull back today (10/19), we would be buyers based on our belief that investors will gain optimism over [...]
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Saturday, July 30, 2011
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