03/20/2017, 09:03 am
Estimates for Apple on Wall Street remain "way too low," in the eyes of analyst Timothy Arcuri, who believes that the combination of a new iPhone form factor with an aging install base could create a "powder keg" for shares of the company.
03/20/2017, 08:03 am
Wall Street forecasts for Apple stock are climbing, with another report claiming that the stock will hit $155 over the summer of 2017 on pre-release hype of the "iPhone 8" and continued expansion of the Services division that includes the App Store, Apple Music, and AppleCare.
03/15/2017, 04:03 pm
An analyst claims that Apple is on track for its services business revenue estimates so far, and any large acquisitions it may make will just accelerate the growth driven by the iPhone 7, and successor "iPhone 7s" and "iPhone 8" devices expected in 2017.
03/13/2017, 12:03 pm
A new analyst report sees Apple outperforming an expanding premiums smartphone market, with the company garnering its highest market share in four years in the US, Japan, and Europe.
03/09/2017, 05:03 pm
In spite of views by some investors and critics, Apple is an "antifragile monopoly" that can withstand competition from other giants in the high-tech sector like Amazon and Google, an analyst argued on Thursday.
Apple's Green Bonds funded $441.5 million of environmental safety, conservation, climate change action in 2016
03/08/2017, 07:03 pm
Last February, Apple issued its first Green Bond, a $1.5 billion vehicle for investors seeking to put their capital to work on projects that will reduce the global human impact on climate change, help develop technology products using safer materials and work to conserve scarce resources. The company has now reported on a series of projects financed by those bonds last year.
03/02/2017, 07:03 pm
Each member of Apple's board of directors recently received an automatic grant of restricted stock units currently worth more than $253,000, U.S. Securities and Exchange Commission filings show.
03/01/2017, 03:03 pm
Apple's stock price on Wednesday afternoon broke $140 per share and is only a few dollars short of both a pre-split $1000 valuation and breaking the company's previous market capitalization record of $774.69 billion set in 2015.
02/28/2017, 10:02 am
Expectations are growing that augmented reality could play a key role in Apple's "iPhone 8" and beyond, prompting investment firm UBS to increase its price target for shares of the company on Tuesday.
02/27/2017, 08:02 am
Chairman and chief executive of Berkshire Hathaway Warren Buffett proclaims in an interview that his firm purchased around 120 million AAPL shares just in 2017, with a total value of more than $17 billion.
02/24/2017, 08:02 pm
A U.S. Securities and Exchange Commission filing on Friday reveals Apple board member Al Gore this week sold 215,437 shares of AAPL stock worth about $29.5 million.
02/24/2017, 07:02 pm
Shares of Apple are collectively worth $713.96 billion as of today's market close, while the market cap of Alphabet Inc (which includes Google) closed today at $579.15 billion, a difference of $134.81 billion. However, Google's search results still point to year-old stories touting Google briefly surpassing Apple in market cap twice last spring.
02/22/2017, 12:02 am
Riding a wave of positive financial news and a rosy outlook for fiscal 2017, Apple stock touched $136.74 in intraday trading on Tuesday before closing at an all-time high of $136.70.
02/21/2017, 12:02 am
Shares of Apple are currently trading at an all time high, in a bull market rally that recently-elected U.S. President Trump has frequently taken credit for. However, stock market gains--including Apple's--appear to be driven primarily by favorable earnings reports from the December quarter. The economic future of Apple -- and the U.S. overall -- is less certain, given risks related to infrastructure investment, taxes, currency valuations, immigration restrictions and travel bans under the new administration.
02/20/2017, 05:02 pm
Apple has filed its appeal with the European court of appeals, all declaring that the European Commission's decision to levy $14 billion in taxes on Apple on behalf of the EU is erroneous, against the rule of law, and should be stricken.
02/14/2017, 05:02 pm
Investor Warren Buffet bet big on Apple during the fourth quarter of 2016, as a filing with the U.S. Securities and Exchange Commission on Tuesday reveals Berkshire Hathaway now owns more than 57 million shares of the tech giant.
02/14/2017, 10:02 am
Apple is holding its second Taiwanese bond sale, with the latest debt offering aiming to bring in an additional $1 billion in cash, a filing with the U.S. Securities and Exchange Commission reveals.
02/13/2017, 10:02 pm
Apple's chief financial officer, Luca Maestri, is scheduled to speak at the 2017 Goldman Sachs Technology and Internet Conference on Tuesday, which the tech giant plans to stream live through its website.
02/13/2017, 04:02 pm
At the close of the market on Monday, Apple hit an all-time high of $133.29, breaking the previous record set on May 22, 2015, with market capitalization again flirting with $700 billion.
02/13/2017, 12:02 pm
Goldman Sachs is "increasingly confident" in Apple's upcoming fall refresh of the iPhone, as the firm on Monday cited potential use of OLED and augmented reality in raising its price target for the company to $150.