Tag Archive | "Apple Stock"
Apple shares largely unaffected by Jobs resignation; Analysts weigh in
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 […]
Continue reading...Apple unrelenting in its legal battle against a slew of Android-based handset manufacturers
Saturday, July 30, 2011
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 […]
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Thursday, August 25, 2011
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