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Topic: aapl

Notoriously bearish Apple analyst predicts doom because of 'iPhone 8' production delays

05/26/2017, 11:05 am

An analyst with historically off-target guesses about Apple's hardware intentions and supply chain machinations is claiming that the "iPhone 8" will not only ship later than expected because of Touch ID supply problems, but also claims that full manufacturing won't fully ramp up until the first calendar quarter of 2018.

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Weakening US Dollar poised to boost Apple's sales performance overseas

05/23/2017, 05:05 pm

It no longer appears likely that Apple's overseas earnings can be repatriated back to the United States at more favorable tax rates this year, as plans for tax reform--including deep cuts to health care spending aimed at enabling a huge tax cut--have been delayed. On the other hand, unsettling political news is also having an adverse affect on the US dollar, creating an unanticipated side effect: a more favorable currency exchange environment for Apple's foreign earnings.

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Apple's latest bond sale more modest than earlier offerings, hits $7 billion

05/05/2017, 10:05 am

Following the initial notification of a new bond sale on Thursday, Apple has launched the offering and raised $7 billion in a six-part sale with due dates ranging to 2027.

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Apple cruises past old market capitalization record, may hit $800 billion before earnings

05/02/2017, 11:05 am

As the NASDAQ opened on Tuesday morning, Apple's stock price at the opening bell drove its market capitalization above historical highs, with $800 billion in sight and possibly reachable before the quarterly earnings report.

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AAPL price crushes old record, cruises past $1,000 pre-split per-share price

03/28/2017, 04:03 pm

Apple's stock price on Tuesday hit a new record of $143.80, eclipsing the $1,000 per share pre-split benchmark, and if it keeps pace for the rest of the week will beat the company's old market capitalization record.

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'iPhone 8,' growing services business predicted to increase shares of Apple by 10%

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.

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AAPL beats $140 per share in mid-day trading, inches closer to record $775B market cap

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.

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Warren Buffett grows Berkshire Hathaway AAPL stake to 133 million shares worth $17 billion

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.

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As investors overlook Apple's Services business, stock price declared 10% too low

02/13/2017, 11:02 am

Apple's Services earnings aren't being considered strongly enough by investors, one analyst believes, arguing that if the business was properly weighted, the stock company's stock would be at least 10 percent higher than it currently sits.

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Apple first went public 36 years ago today: now up 18,492 percent

12/12/2016, 05:12 pm

On December 12, 1980, Apple Computer Inc. went public in an Initial Public Offering that sold 4.6 million shares at $22 each, generating more capital than any other IPO since Ford Motor Company in 1956 and instantly creating 300 millionaires.

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Apple Inc. shares reach ex-dividend as it gears up to distribute $2.9 billion to shareholders

05/10/2016, 03:05 pm

On May 12, Apple will pay shareholders of record a quarterly dividend of $0.57 per share, but investors must have had settled ownership of the company's stock by Monday May 9 in order to qualify. Apple will pay out $2.9 billion in dividends on its outstanding shares for the quarter.

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Apple stock rebounds 7.21% after hitting half-year low

11/19/2012, 06:11 pm

AAPL stock closed up 7.21 percent by the end of trading on Monday, breaking a recent slump that saw share values drop down to a six-month low of $527.28 last week.

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