09/19/2011, 10:09 pm
Shares of Apple rose nearly 3 percent Monday to close at a new all-time high of $411.63, padding the electronic giant’s lead over Exxon Mobile as the world’s most valuable company.
09/12/2011, 10:09 pm
Investment bank Morgan Stanley took the position on Monday that Apple is "more likely than ever" to return some of its $76 billion in cash to shareholders and recommended either share buybacks or dividends as the most favorable options.
09/07/2011, 08:09 am
Investment firm Piper Jaffray on Wednesday released their calendar year 2013 estimates for Apple, forecasting $164 billion in revenue with earnings per share of $40.50 on sales of well over 200 million iOS devices.
08/25/2011, 08:08 am
The resignation of Steve Jobs as Apple CEO is a significant event for the company, but similar to the departures of visionaries in years past like Henry Ford and Walt Disney, Apple is expected to go on without Jobs.
08/15/2011, 07:08 pm
Microsoft revamped this year's 10K filing with the Securities Exchange Commission to remove mention of Linux, Mozilla and Opera as significant competitors and amplify the role of Apple as a competitor in both software and online services.
08/10/2011, 06:08 pm
After temporarily passing oil giant Exxon Mobil in market capitalization yesterday, Apple has jumped into the lead again and remained there as the market closed today.
08/10/2011, 10:08 am
Apple's growth has been called the "ultimate platform adoption story" in a new analysis, which sees the potential for Mac and iPhone market shares to double or even triple in the next few years.
08/09/2011, 03:08 pm
During a volatile day of trading on Tuesday, Apple briefly passed oil giant Exxon Mobil to become the most valuable company in the world, in terms of market capitalization.
08/08/2011, 09:08 am
Both Apple's Mac and iPad lineup are poised to make significant gains in the second half of 2011, as the Windows-based PC market remains "relatively stagnant" and is predicted to see 4 percent growth, according to a new analysis.
08/05/2011, 09:08 am
Investment firm Needham & Company on Friday upped its price target for Apple stock to $540, with projected sales of 54 million iPads and 108 million iPhones in 2012.
07/28/2011, 09:07 pm
New figures from the U.S. Treasury Department indicate that the government has a total operating cash balance of $73.768 billion, less than Apple's own war chest of $75.876 billion.
07/28/2011, 02:07 pm
Responding to a new rumor that Apple is considering a purchase of bookseller Barnes & Noble, one Wall Street analyst has said he doesn't think such a deal would make much sense for the iPhone maker.
07/27/2011, 07:07 pm
A report by debt rating service Moody's noted Apple held the most cash among non-financial companies in the US last year, even as businesses across the board have increased their cash holdings by about 11 percent.
07/21/2011, 03:07 pm
Apple's meteoric rise could see it overtake oil giant Exxon-Mobil and become the world's largest company by market value, one new analysis has projected.
07/19/2011, 09:07 pm
Wall Street analysts were stunned by Apple's record quarterly earnings on Tuesday, noting that there seems to be no end in sight for the company's "upside parade."
07/19/2011, 04:07 pm
Apple on Tuesday reported a record-breaking quarter with $28.57 billion in revenue, propelled by a massive 20.34 million iPhones and 9.25 million iPads sold in the quarter. Following the news, Apple executives participated in a conference call with analysts and the press, and notes of interest follow.
07/19/2011, 04:07 pm
Apple said Tuesday that third-quarter profits rose nearly 125% percent to $7.31 billion, or $7.79 per diluted share, on record quarterly sales of $28.57 billion for the three-month period ended June 25, 2011.
07/19/2011, 10:07 am
Trading at record levels ahead of its quarterly earnings report this afternoon, Apple is expected by Wall Street watchers to post its best June quarterly earnings ever, with nearly $25 billion in revenue on sales of 16.5 million iPhones.
07/15/2011, 01:07 pm
Even though Apple faces some lofty expectations from Wall Street heading into next week's quarterly earnings report, one analyst is "confident" in the company's ability to surprise on the upside.
07/13/2011, 08:07 am
Both Nokia and Apple have remained mum on the financial terms of their patent lawsuit settlement, but a glimpse at the deal Apple was able to broker is expected to be seen in next week's quarterly earnings report.