08/14/2013, 12:08 pm
With Apple apparently set to debut its latest iPhone models at a media event on Sept. 10, and strong support from a high-profile billionaire investor, the company's stock surged beyond the $500 mark on Wednesday, the first time it has crossed that threshold since January 23.
08/14/2013, 05:08 am
A surprise tweet by Carl Icahn on Tuesday voluntarily disclosed a "large position" in Apple, but this week all institutional investment managers face a deadline for reporting their holdings of securities worth at least $100 million.
08/13/2013, 02:08 pm
Shares in Apple, Inc. have crossed above their 200 day moving average for the first time since plunging below the key indicator last fall.
08/13/2013, 02:08 pm
Billionaire investor Carl Icahn spoke with Apple Chief Executive Tim Cook on Tuesday about potentially increasing the company's share buyback program, while also revealing his holding company currently has a "large position" in the iPhone maker.
08/12/2013, 03:08 pm
Investment firm Needham & Company cut its price target for shares of Apple from $710 to $595 on Monday, citing growing competition in both of the company's key markets: phones and tablets.
08/08/2013, 01:08 pm
Next Thursday, Apple will pay "shareholders of record" its quarterly dividend of $3.05 per share, but new investors needed to buy the company's stock by the market's close yesterday to qualify.
08/05/2013, 05:08 pm
As markets opened this morning, the Wall Street Journal noted Samsung lost over $1 billion in market value on news of U.S. veto of its import ban. Apple closed the day up $6.9 billion.
08/01/2013, 01:08 pm
Apple on Thursday once again became the most valuable company in the world by market capitalization, pushing past Exxon Mobil as rumors of next-generation iPhones and iPads continue to heat up.
07/25/2013, 08:07 am
Apple's massive share buyback program was in full swing in the June quarter, when the company spent $16 billion on itself — enough to buy rival BlackBerry three times over.
Wall Street encouraged by Apple's strong iPhone sales & positive guidance, still awaiting new products
07/24/2013, 09:07 am
Market watchers were impressed by the results for Apple's June quarter, as iPhone sales came in higher than expectations and guidance for the September quarter was positive. But investors are still pinning their hopes on Apple's anticipated next-generation iPhones and iPads to be blockbuster hits.
07/23/2013, 05:07 pm
With continued iPhone growth and a particularly strong performance from its iTunes and services businesses, Apple posted a slight increase in revenues in the June quarter, though lower margins led to a 20 percent slide in profit. Following the company's earnings release, Apple executives took part in a conference call to discuss the quarter, and notes of interest follow.
07/23/2013, 04:07 pm
Apple said Tuesday that third-quarter profits fell roughly 20 percent to $6.9 billion, or $7.47 per diluted share, on relatively flat revenues of $35.4 billion for the three-month period ended June 29th, 2013.
07/23/2013, 12:07 pm
As anticipation grows for Apple's next-generation iPhones and iPads, analysts aren't expecting much this afternoon, when the company will announce the results of its recently concluded June quarter.
07/17/2013, 08:07 am
Potential upside in Apple's recently concluded June quarter could be driven by greater-than-expected iPhone shipments, with one analyst predicting that the company beat projections and shipped at least 29 million iPhones.
07/01/2013, 08:07 pm
Apple on Monday announced it will be holding its quarterly conference call for the third fiscal quarter of 2013 on July 23, where CEO Tim Cook and CFO Peter Oppenheimer will likely discuss the company's performance over the past three months.
06/03/2013, 01:06 pm
Whether lucky, smart, or both, Apple's recent bond issuance was done just before the market for bonds began to turn, saving the iPhone maker more than $724 million in interest savings on the debt it incurred.
05/28/2013, 10:05 am
Shares of Apple stock were bludgeoned down to their lowest price in over a year in April, thanks in part to an assault by short sellers who took a record interest in the company late in the month.
05/16/2013, 02:05 pm
Apple is paying its shareholders a slightly larger quarterly dividend on Thursday, distributing over $2.867 billion in $3.05 per share payments across the company's 940 million outstanding shares.
05/10/2013, 02:05 am
In a research note on Thursday, Piper Jaffray analyst Gene Munster said buy-side investors' concerns that Apple's gross margin will see a two-year decline to below 30 percent is unlikely, specifically noting the company's important iPhone margins are stable.
05/08/2013, 02:05 pm
Apple recently announced plans to increase its dividend payment by 15 percent to "shareholders of record" next Monday, but to qualify, new investors have to buy the company's stock by the market's close today.