AAPL Financial News Weekly Roundup: Analyst Sees $1T Apple Valuation Within 12 Months, Apple Pay to Launch in Canada and More

Apple (NASDAQ: AAPL) shares lost just under 3% last week, opening Monday at $128.37 and closing Friday at $124.75. The high of $128.57 was reached on Monday. As of this writing, share prices appear to be rallying a bit and are up about 2.2% at $127.46.

Apple Watch preorders continued last week and KGI analyst Ming-Chi Kuo, in a note to investors, wrote that he expects preorders to top 2.3 million. Production has been slowed, he said, due to manufacturing difficulties involving the haptic motor and the AMOLED display. Nevertheless, he believes that Apple Watch will sell 15 to 20 million units in 2015, which agrees with a Reuters poll last week that found about

AAPL Financial News Weekly Roundup: Apple Watch Pre-Orders Exceed Supply, Mac Gains PC Market Share and More

Apple (NASDAQ: AAPL) stock made its biggest gains last week on Monday, opening at $124.47 and closing at $127.35. Share prices then dropped a bit during the middle of the week before receiving a slight bump on Friday, closing at $127.10. Friday also saw the heaviest trading, perhaps due to the apparent high demand for the Apple Watch.

Apple Watch is now available for demo at Apple Stores.

Apple began taking pre-orders for the Apple Watch at 12:01 AM Pacific time on Friday. The highly anticipated wearable promptly ran out of supply and estimated shipping times were pushed back for all models. All of the Sport and Edition models are now estimated to ship in June, while about half of the

AAPL Financial News Weekly Roundup: 4" iPhone 6c for Second Half 2015, Apple Pay gets Decals and More

Apple stock (NASDAQ: AAPL) fell again, losing about 3% over the course of last week. Share prices opened the week at $127.12, reached a weekly high of $128.04 during trading on Tuesday and closed Friday at $123.25. Perhaps the slip is due to rumors over manufacturing woes facing the Apple Watch, though an industry source has told AppleInsider that the supply issues facing the Apple Watch are normal for any product about to go to market, and were expected and prepared for. The Watch will be available for pre-order and to try on at Apple Stores next Friday, April 10. If you can't wait that long, Belgian company, Underside, has developed an augmented reality app called ARWatch that lets you preview the Apple Watch.

Apple Pay decals were made available to merchants to raise public awareness of the service's availability.

Other news items of the week were mostly positive, nothing you'd think would contribute to a 3% slide:

According to Bloomberg, Apple, in partnership with Foxconn, is planning to bring its iPhone trade-in program to China. The same program in the U.S. has helped

AAPL Financial News Weekly Roundup: Apple Begins Trading on DOW, Streaming TV Could Push Service Revenues Over 20% and More

Apple (NASDAQ: AAPL) stock prices didn't move much last week, gaining about 1.6% after opening Monday at $123.88 and closing Friday at $125.90. Shares reached a high of $129.25 on Thursday which, coincidentally, was the same day the company replaced AT&T on the Dow Jones Industrial Average.

Apple replaces AT&T in Dow Jones Industrial Average.

The big news of last week, though not yet official, is that Apple is working on a subscription TV service that analysts believe will debut in the fall and offer a bundle of about 25 channels for a price in the $30 - $40 per month range. The

AAPL Financial News Weekly Roundup: Apple to Join Dow Jones, iPhone 6 Demand Still Ahead of Supply and More

Apple (NASDAQ: AAPL) stock dropped slightly in value over the course of last week. Shares opened Monday at $129.25, reached a high of $129.56 on Wednesday, and closed Friday at $126.60. You won't be checking Apple's numbers on the NASDAQ for much longer, however, as the Cupertino giant will be replacing AT&T on the Dow Jones Industrial Average after trading on March 18th. The move was made to balance the information technology sector's weight in the index, which will drop a bit due to a Visa stock split.

Apple to join Dow Jones Industrial Average.

Aside from that, there were several other noteworthy items last week:

UBS analyst Steve Milunovich, estimating that iPhone 6 demand will continue to outstrip supply in the March quarter, has raised his sales forecast from 55 million units to 58 million units. This would represent a whopping 33% year-


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