Tag Archive | "Finance"
iPhone sales top 37 million as Apple records record-breaking quarter
Apple last quarter had a slight misstep when its earnings fell short of analyst expectations for the first time in years. Of course, the delayed release of the iPhone 4S had something to do with revenue coming in below expectations. But during last quarter’s earnings conference call, Apple CEO Tim Cook boldly predicted that December [...]
Continue reading...Apple CEO Tim Cook to cash in on stock options in early 2012
Tuesday, January 10, 2012
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2012 is looking to be a good year for Apple CEO Tim Cook. The Wall Street Journal reports that the first quarter of a new year is the most common time for stock options to vest and that Tim Cook, more than any other Silicon Valley executive, stands to gain the most over the next [...]
Continue reading...Samsung reports record quarterly profit on strong mobile handset sales
Saturday, January 7, 2012
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Who says there’s no money in ripping off the IP of other companies? Bloomberg reported yesterday that Samsung reported record quarterly profits, thanks in no small part to its immensely popular line of Galaxy smartphones. And for the first time in company history, Samsung’s total number of mobile phone sales surpassed 300 million units. “The [...]
Continue reading...Why Apple shares remain grossly undervalued and have nowhere to go but up
Tuesday, January 3, 2012
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Though Apple’s earnings continue to grow at an astronomical pace, the company’s share price hasn’t been able to keep up. Sure, shares of Apple have recently been trading in the upper $300/lower $400 range, but its P/E ratio is absurdly low measured against some of the other industry players who haven’t enjoyed, nor are poised [...]
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...Apple’s top executives get impressive stock options
Saturday, November 5, 2011
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First it was Tim Cook and now it’s the rest of Apple’s upper management that are on the receiving end of generous bonuses. A recent Apple filing with the SEC indicates that the company handed out 150,000 shares to each of its top executives, save for Eddy Cue who received 100,000 shares. Those receiving 150,000 [...]
Continue reading...Tim Cook says Apple isn’t religious about “holding or not holding cash”
Thursday, October 20, 2011
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By Luis Estrada: Apple’s cash on hand now checks in at $81 billion dollars. That’s insanely high and will only further encourage shareholders to clamor for either a dividend of a stock buyback. Apple of course is pretty conservative with its cash holdings. It doesn’t go out and buy companies half-heartedly and hasn’t issued a [...]
Continue reading...Apple’s releases Q4 2011 earnings – $28.27 billion in revenue on record iPad and Mac sales
Tuesday, October 18, 2011
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By Luis Estrada: Wall St. analysts would be well-advised to take their Apple earnings estimates and just tack on a little bit extra. Without fail, Apple over the past few years has demolished Wall St. expectations and this quarter was just as impressive though Apple did fail for the first time in a long time [...]
Continue reading...Rovio, makers of Angry Birds, eyeing IPO in 2012
Monday, October 17, 2011
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By Josh Rosenthall: Angry Birds may very well be the most addicting iOS game ever made. Hell, it got me hooked and I can proudly, or perhaps shamefully, boast that I’ve beaten every Angry Birds level ever created. Yep, I’m pretty adept at finding time to waste. Building on the success of Angry Birds as [...]
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...Apple set to release Q4 2011 earnings report on Tuesday, October 14
Monday, September 26, 2011
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Apple earlier today updated its investor relations page, announcing that it’s Q4 2011 earnings will be released on Tuesday, October 18th with an earnings conference call scheduled for 5 PM Eastern Standard Time. As is typically the case, Apple CEO Tim Cook and CFO Peter Oppenheimer will likely be present to answer analyst questions about [...]
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 [...]
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Tuesday, January 24, 2012
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