04/30/2014, 08:04 am
Apple fueled excitement among investors on the U.S. bond market this week, when the company brought forward a highly sought after seven-part bond offering valued at $12 billion to help fund its share repurchase plans.
04/29/2014, 11:04 am
After announcing its 7-1 stock split, Apple also outlined why it did so, answering in advance the oft-raised question with a simple answer: "We want Apple stock to be more accessible to a larger number of investors."
04/28/2014, 03:04 pm
Apple's stock has skyrocketed since last week's March quarter earnings report, in which the company excited investors with strong iPhone sales, a higher quarterly dividend, a larger share buyback program, and an upcoming 7-for-1 stock split [updated].
04/28/2014, 08:04 am
A year after it turned to the bond markets to fund its capital repurchase program, Apple is planning to do the same yet again, with a sale price that would reportedly be the second highest in corporate history.
04/25/2014, 05:04 pm
Apple's capital return program, focused on buying back stock, does appear to have had a favorable impact on Apple's share price. After spending $44 billion on stock buybacks over the past four quarters, Apple's stock has risen 29.2 percent or $129.28, a contribution that moved the company's market cap from $392 billion a year ago to $492 billion today, even as the company removed 80 million shares from circulation.
04/25/2014, 12:04 pm
During its fiscal Q2 ending in March, Apple spent $18 billion to buy up its own stock off the market. More than three quarters of that total was used to snatch up discounted stock after investors panicked following Apple's Q1 earnings announcement in January.
04/24/2014, 09:04 am
Apple's second-quarter earnings report was packed with surprises that delighted investors on Wall Street, prompting some analysts to respond by raising their price targets for the iPhone maker's stock.
04/23/2014, 07:04 pm
During Apple's quarterly earnings conference call, chief executive Tim Cook said he looked forward to welcoming Angela Ahrendts as the company's new retail and online leader next week, while offering public thanks to outgoing chief financial officer Peter Oppenheimer.
04/23/2014, 05:04 pm
During its quarterly conference call for the second quarter of 2014 on Wednesday, Apple announced huge growth for its iPhone lineup, while iPad sales were
04/23/2014, 05:04 pm
Apple surprised the market on Wednesday by not only beating expectations for its second fiscal quarter of 2014, but also announcing a 7-for-1 stock split, increased share buybacks, and a a higher quarterly dividend. Following the announcements, executives from the company participated in a conference call with analysts and the media, and notes of interest follow.
04/23/2014, 04:04 pm
Apple on Wednesday released its quarterly earnings for the second quarter of 2014, announcing a seven-for-one stock split coming in June, as well as a boost to share buybacks now capped at $90 billion.
04/23/2014, 04:04 pm
Apple on Wednesday exceeded market expectations for its second quarter of fiscal 2014, posting $45.6 billion in revenue and quarterly net profit of $10.2 billion, or $11.62 per diluted share.
As Apple's growth slows, media questions if 'patience' & 'resolve' of Wall Street investors will last
04/23/2014, 01:04 pm
Ahead of Apple's earnings call this afternoon, two major publications have openly questioned whether investors will continue to stand by one of the most profitable companies in the world, with the perception that Wall Street may be losing its patience with the iPhone maker in the face of slowing growth.
04/21/2014, 08:04 am
With no major new products launched in the just-concluded March quarter, analysts on Wall Street don't expect big things from Apple when the company reports its earnings on Wednesday, generally projecting for revenue to be about flat with the same period from a year ago.
04/17/2014, 12:04 pm
Apple is likely to see modest gains in iPhone sales in the medium term thanks to early smartphone upgrade programs from major U.S. wireless carriers, one analyst has projected.
04/17/2014, 08:04 am
A strong recommendation for Apple stock was pushed by investment firm Morgan Stanley on Thursday, which said now is the right time to invest due to low institutional ownership, resilient iPhone sales, and anticipated upcoming product launches.
04/13/2014, 03:04 pm
A listing of Silicon Valley's top companies points out that Apple now brings in more revenue ($174 billion) than second place Hewlett Packard and third place Google combined, and earns more money ($37 billion) than the rest of the top five together.
04/11/2014, 09:04 am
Having downgraded its rating on Apple stock in January, Wells Fargo on Friday defended their neutral outlook for the company's near future, characterizing it as a long-term opportunity for investors that faces near-term hurdles while the industry transitions.
04/08/2014, 02:04 pm
Apple is excluding itself from a $63 billion market opportunity, investment firm J.P. Morgan believes, by only partially competing in the sub-$1,000 portable computing market, which is why one analyst argues Apple should introduce a new notebook powered by a more full-featured version of iOS.
04/07/2014, 01:04 pm
Sales data from some of Apple's biggest suppliers shows stronger than expected returns for the just-concluded month of March, potentially hinting that Apple itself could also surprise to the upside when it reports earnings later this month.