08/10/2015, 09:08 am
Investment managers on Wall Street believe that Apple stock is currently undervalued, but they're also reportedly concerned that shares of the company could drop even further before their eventual rebound.
08/07/2015, 11:08 am
Apple revealed this week that its iOS App Store had a record July with $1.7 billion in transactions. But investment firm Macquarie Securities believes Wall Street isn't paying enough attention to Apple's growing and highly profitable services business.
08/06/2015, 02:08 pm
Investment firm UBS remains bullish on the future of the iPhone, with its latest research suggesting Apple is on track to ship a record 49 million iPhones in the current September quarter.
08/06/2015, 09:08 am
Investors would be wise to take advantage of recent losses in Apple's share price, FBR Capital Markets said on Thursday, predicting that another major growth cycle is on the horizon for the iPhone maker.
08/05/2015, 03:08 pm
The Swiss National Bank increased its stake in Apple during the June quarter by 500,000 shares, giving it a total of 9.4 million, a filing with the U.S. Securities and Exchange Commission revealed on Wednesday.
08/05/2015, 11:08 am
On Wednesday, analysts with Bank of America Merrill Lynch downgraded Apple stock to neutral and lowered a price target from $142 to $130, citing several short-term pressures on shares.
08/04/2015, 02:08 pm
Amid continued losses for Apple stock, investment firm RBC Capital Markets has remained steadfast with its $150 price target, once again on Tuesday advising investors to buy in ahead of the anticipated "iPhone 6s" product launch.
08/04/2015, 08:08 am
Since it was added to the Dow Jones Industrial Average in March, Apple has been a weight on the index, accounting for 14 percent of its losses in the last four and a half months.
07/24/2015, 07:07 pm
In a filing with the U.S. Securities and Exchange Commission on Friday, Apple announced its first-ever sterling-denominated bond issuance set at 1.25 billion pounds, or nearly $2 billion.
07/22/2015, 10:07 pm
Apple revealed in a U.S. Securities and Exchange Commission filing Wednesday that it plans to spend $12 billion on capital expenditures for the 2015 fiscal year, $1 billion less than was initially projected last year.
07/22/2015, 03:07 pm
Apple, Google, and other major U.S.-based multinationals may soon be able to bring more of their foreign-earned income back to American shores without facing a huge tax burden, as lawmakers are moving forward on a tax reform framework that could eliminate taxes on international earnings and authorize a one-time repatriation holiday.
07/22/2015, 09:07 am
Lofty expectations were beyond the reach of Apple last quarter, sending shares tumbling more than 7 percent. But a number of bullish analysts see the stock pullback as a buying opportunity for investors, who can get in at a cheaper price before the launch of new iPhones.
07/21/2015, 08:07 pm
Apple's operational expenditures on research and development activities surpassed $2 billion for the first time ever during the company's third fiscal quarter of 2015, a number equal to 4.1 percent of total net sales.
07/21/2015, 05:07 pm
Apple's Chinese revenues shot ahead 112 percent year-over-year during the June quarter to over $13.2 billion, reflecting the growing importance of the country to Apple's bottom line even as other regions also showed significant growth.
07/21/2015, 05:07 pm
Record setting sales of the iPhone pushed Apple to its best June quarter ever, with profit of $10.7 billion. Following the announcement, executives from the company participated in a conference call with analysts and the media, and notes of inventory follow.
07/21/2015, 04:07 pm
Apple continued its record breaking streak on Tuesday, posting its highest ever June quarter earnings with revenue of $49.6 billion, led by sales of 47.5 million iPhones and 4.7 million Macs.
07/20/2015, 12:07 pm
Analyst sentiment is generally high ahead of Apple's third-quarter earnings announcement -- due on Tuesday -- calling for numbers that could beat both official guidance as well as Wall Street consensus, mostly on the strength of iPhone sales that could near or top 50 million.
07/16/2015, 10:07 am
Investment firm UBS revealed on Thursday that it has high expectations for Apple's gross margins in the just-concluded June quarter, predicting they will reach nearly 41 percent on outstanding sales of the jumbo-sized iPhone 6 Plus.
07/14/2015, 10:07 am
Recent struggles for Apple stock are based on unfounded fears out of China, FBR Capital Markets said on Tuesday, telling investors it believes the "speed bump" will be over soon as strong iPhone sales continue.
07/09/2015, 09:07 am
Apple is poised to announce yet another record breaking quarter, the latest research from investment firm UBS suggests, with iPhone sales once again driven to new heights thanks largely to growth in China.