Apple Stock

AAPL News Recap 4/13 - 4/20

AAPL shares value had a relatively uneventful week last week, opening at $521.68 on Monday 4/14 and closing at $524.99 on Friday. This week should be more eventful since Apple will be releasing its Q2 FY 2014 earnings report at 5 PM Eastern this coming Wednesday, 4/23. You can access an audio webcast of the announcement at Apple's Investor Relations page.

Apple expected to report decline in iPad sales

Apple's Q2 guidance that was released in late January (and promptly caused the stock price to tumble) called for revenue between $42 and $44 billion. Fortune's poll of analysts returned an average revenue estimate of $43.5 billion. Many of

Analyst Projects at least One of Two Larger iPhone 6 Models Will be Released in August/September

At this point nearly all of the daily iPhone 6 rumors point to the phone's next incarnation having a larger display. The size of the new display is still up for debate, with estimates ranging from 4.7 to 5.5 inches, as compared to the four inch screen of the iPhone 5s and 5c. Many analysts suggest that Apple will release two different sizes. The latest projection, from UBS analyst Steve Milunovich, agrees that two different size models are likely, but may not be released at the same time.

Apple iPhone 6

According to Barron's, Milunovich gives Apple shares a "Buy" rating and a price target of $625 (AAPL closed today at $539.19). His optimism is based on his checks of Apple's supply chain that suggest the iPhone 6 will ship in August or September

Is Apple the New Microsoft?: Barclays Downgrades Apple

Apple (NASDAQ: AAPL) stock took a slight dip Thursday morning following news that the tech giant had been downgraded by investment firm Barclays from "Overweight" to "Equalweight." This basically means stop buying, because there isn't enough room left to expect the kind of spectacular growth that Apple has experienced in recent years.

AAPL downgraded by Barclays

According to AppleInsider, Barclays analyst Ben Reitzes wrote in a note to investors: "Frankly, we just couldn't quite bring ourselves to use smart watches or TVs as reasons to raise numbers — nor were we fully convinced that these products could move the needle

Billionaire Carl Icahn Buys $500M More of Apple

Billionaire investor Carl Icahn saw a golden opportunity on Tuesday morning after Apple shares fell nearly 8% in after hours trading on Monday, and bought another $500 million worth of Apple stock. He announced to the Twitter world, "Just bought $500 mln more $AAPL shares. My buying seems to be going neck-and-neck with Apple's buyback program, but hope they win that race."

Carl Icahn buys $500 million AAPL

This comes just a week after he purchased $1 billion worth of Apple. His total holdings in the tech giant now approach $4 billion. Icahn has voiced his displeasure with Apple in recent weeks, urging the company to use its enormous cash reserves

Apple Stock Drops Nearly 9% Despite Record Breaking Q1 Numbers

Apple (NASDAQ: AAPL) today released results for its fiscal 2014 first quarter (ended December 28th 2013), and while some of the numbers were record breakers for the tech giant, they still fell short of analysts' expectations. This, accompanied by a disappointing Q2 forecast, caused the stock to drop nearly 9% during after hours trading. According to OppTrends, Apple shares were trading for around $502 at 5:43 P.M. EST today.

AAPL stock dips

Apple reported a record quarterly revenue of $57.6 billion and quarterly net profit of $13.1 billion, or $14.50 per diluted share. These are up from revenue of $54.5 billion and net profit of $13.1 billion, or $13.81 per diluted share, for Q1 2012. Gross margin dipped slightly to 37.9, down from 38.6 a year ago. iPhone sales

Pages

Subscribe to RSS - Apple Stock