Apple Stock

According to the Wall Street Journal, Apple (NASDAQ: AAPL) CEO Tim Cook is "actively seeking" new members for the tech giant's board of directors.

The current board is aging and, as noted by WSJ, known for its loyalty to Steve Jobs, which could make things difficult for Cook moving forward. Presently the board consists of seven outside members, six of whom are above the age of 63, four of whom have served for over a decade. Intuit CEO Bill Campbell and J. Crew

A year ago, Fortune conducted a survey of 45 financial analysts and found that only four of them (about 9%) thought that Apple (NASDAQ: AAPL) shares would rise above $700, the record high set in September 2012. Since then, many have pulled an about face and raised the target price to new highs.

Fortune recently surveyed the same analysts and found that 64% have now set their target prices above $100 (equivalent to setting it above $700 pre stock split). This is likely due to several factors including Apple's aggressive stock buy back initiative, better than expected Q2 numbers, a number of upcoming product launches including the large screen iPhone 6 models, iWatch and new iPads, expansion in

Apple (NASDAQ: AAPL) shares closed today at $92.93, up $0.95 from Friday's closing price of $91.98, but up just 24¢ from the post 7-to-1 stock split opening of $92.69. To be fair, it has only been three weeks since the split, and the hovering behavior hasn't deterred JP Morgan, who last week raised its target price from a rather low $89 to $108. Analyst Rod Hall believes the stock will reach this target by the end of 2015.

Bloomberg reported last week that production of Apple's largest iPhones to date will begin next month. The 4.7" and 5.5" iPhone 6 handsets are slated to begin production in China in July. The 4.7" model will be available sometime in the second half of September, while the launch date of the "phablet" size model is unclear,

After hovering around $92 for most of last week, shares of Apple (NASDAQ: AAPL) dropped below $91 on Monday, two weeks after a 7-to-1 split. Anticipation surrounding two major upcoming products, the iWatch and iPhone 6 has resulted in a flurry of news and leaks.

As the long-rumored iWatch gets closer to reality, reports have surfaced that Apple is working with star athletes to test the new device. While analysts have pointed to October as a likely release date, others claim the device might see delays due to FDA medical device certification.

Due to criticism of its recent lack of innovativeness in marketing, Apple (NASDAQ: AAPL) has decided to start its own marketing division. The company has already hired a lot of talent recently, including Beats co-founders Dr. Dre and Jimmy Iovine, Burberry CEO Angela Ahrendts and branding agency Wolff Olins CEO Karl Heiselman among others, all of whom could prove valuable to a marketing team. For now, the in-house team will compete with long time marketing partner TBWA/Media Arts Lab.

Following the stock split, investment bank RBC Capital Markets last week raised its price target to $100 per share, which puts it near the company's all time high of $100.30. This is up from its previous price target of $96.