07/06/2016, 09:07 pm
Investment firm Longbow Research initiated Apple stock coverage this week, assigning a 12-month target price of $125 and forecasting a rosy outlook for the Cupertino tech giant on expected strong iPhone user growth.
07/06/2016, 08:07 am
With Apple expected to launch its next-generation iPhone in just a matter of months, a new analysis of the secondary iPhone 6s market has found that the flagship handset sells used for 78 percent of its new price, outperforming the iPhone 6 at the same period.
07/05/2016, 12:07 pm
Apple's stock price is down over 1 percent in Tuesday trading in the wake of a Citigroup investor memo, calling for the company's sales to slide below Wall Street predictions when it announces third-quarter results on July 26.
06/28/2016, 11:06 am
As Apple's iPhone install base continues to grow, so too do the number of customers who are likely to upgrade to a new handset, representing what one investment firm has dubbed a "powder keg" that could propel shares of AAPL higher.
06/27/2016, 09:06 pm
Apple on Monday announced plans to release a quarterly earnings report for the third fiscal quarter of 2016 on July 26, which is to be detailed in a following investors conference call.
06/24/2016, 11:06 pm
Yesterday's referendum on the United Kingdom exiting the European Union was widely expected to fail, but instead surprised markets globally by narrowly passing. The Euro and British Pound both subsequently dropped significantly, and markets worldwide recoiled in shock. Here's a look at how will this affect Apple going forward.
06/17/2016, 01:06 pm
iPhone shipments in the coming quarters could be lower than Wall Street expects, as Apple works to reduce excess channel inventory ahead of the anticipated "iPhone 7" launch, in what could be the last painful quarter before over a year of growth, according to Brean Capital.
06/17/2016, 11:06 am
A new patent decision accusing Apple of copying the design of a Chinese-made smartphone will not have a negative effect on Apple's revenue or margins in China, two major investment firms said on Friday.
06/16/2016, 10:06 pm
For all the new software platform features Apple announced this week at WWDC, including a glimpse at future iOS product capabilities and internet services enhancements, JP Morgan remains cool to the company's stock prospects for 2016.
06/16/2016, 02:06 pm
Analysts on Wall Street are increasingly expecting an incremental iPhone hardware update this year, which has led some to turn their sights to a rumored 2017 handset revamp in hopes of pushing Apple stock to new heights.
06/08/2016, 09:06 am
Apple actually did nearly 40 better than anticipated in its first Taiwanese bond sale, raising $1.38 billion, a report indicated on Wednesday.
06/07/2016, 02:06 pm
Barring a complete meltdown of its iPhone business, shares of Apple stock have limited potential downside at their current trading price, investment firm UBS said on Tuesday.
06/07/2016, 12:06 am
As rumored last week, Apple on Monday reportedly completed a U.S. dollar denominated bond issuance in Taiwan estimated to have raised up to $1.2 billion.
06/03/2016, 09:06 am
Apple reportedly sold A$1.425 billion ($1.04 billion U.S.) in Australian bonds on Friday, looking to raise more funding without tapping into its $233 billion U.S. in cash reserves.
06/02/2016, 11:06 am
Apple's stock value fell on Thursday morning in the wake of Goldman Sachs reducing price and earnings targets, along with its predictions for future iPhone shipments.
06/02/2016, 08:06 am
On the heels of news that Apple plans to issue bonds in Taiwan and Australia, a new report alleges that the company could raise as much as $4 billion total from the Asia-Pacific region.
06/01/2016, 09:06 am
Apple is exploring a new bond sale in Australia in light of a successful offering last year, and is also looking at launching its first-ever Taiwanese bonds, a report said on Wednesday.
05/17/2016, 05:05 pm
Following Warren Buffett's surprise investment in Apple, it was recently revealed that billionaire investor George Soros took a position in the iPhone maker, buying up thousands of shares as company stock prices hover at their lowest point in years.
05/16/2016, 08:05 am
Investor Warren Buffett has taken advantage of Apple's lowest share price in years, as new filings with the U.S. Securities and Exchange Commission reveal Berkshire Hathaway now owns 9.81 million shares of the iPhone maker.
05/13/2016, 07:05 pm
Another big investment fund is breaking up with Apple. According to a U.S. Securities and Exchange Commission filing, David Tepper's Appaloosa Management has reduced its position in the iPhone maker to zero, mirroring a recent move by high-profile investor Carl Icahn.