11/20/2014, 07:11 am
With a huge number of iPhone owners yet to upgrade to screen sizes larger than 4 inches, Evercore Partners expects major revenue growth for Apple in fiscal 2015 and beyond, and has increased its price target on the company's shares to $135.
11/17/2014, 08:11 am
RBC Capital Markets on Monday increased its price target for Apple stock to $120 per share, a number that incorporates the investment firm's expectations for the upcoming Apple Watch, predicted to sell 20 million units in its first 12 months.
11/14/2014, 07:11 pm
Apple shares reached a new all time closing high of $114.18 today, following yesterday's quarterly dividend distribution of $2.9 billion to shareholders. That compares to a pre-split adjusted price just cents below $800, and is 53.5 percent higher than the company's stock price just one year ago.
11/13/2014, 09:11 am
Apple stock is currently trading at its all-time highest levels, putting the company at its highest-ever market capitalization level of more than $659 billion Thursday morning [updated].
11/11/2014, 12:11 pm
The results of a recent global survey of prospective smartphone buyers conducted by UBS forecast a favorable share of iPhone 6 Plus sales and strong demand in China, prompting the investment firm to raise its price target.
11/10/2014, 06:11 pm
The U.S. Securities and Exchange Commission on Monday published Apple's official european debt filing, which looks to take advantage of low European interest rates to raise $3.5 billion, or 2.8 billion euros.
Samsung Electronics' heir apparent Lee Jae-yong profiled as silver spoon-fed product of corrupt nepotism with little real experience
11/06/2014, 06:11 am
When Apple's chief executive Tim Cook came out as gay, jokes flew that Samsung might rush to announce it "was even more gay." In reality however, Samsung Electronics is a step further behind Apple, having yet to officially name a successor to its ailing leader Lee Kun-hee, who at 72 remains hospitalized following a heart attack in May.
11/04/2014, 08:11 am
Apple is set to borrow cash in euros for the first time in the company's history, taking advantage of record-low interest rates in Europe with what will be some of the lowest-ever interest rates for a corporation.
11/03/2014, 10:11 pm
In the days following Tim Cook's statement that he was "proud to be gay," Apple's chief executive has been commended for his openness in a variety of online opinions, but also needled by a pestilent swarm of haters, ranging from Twitter trolls to Russian politicians and businessmen. Apple investors don't seem to care.
11/03/2014, 07:11 am
Deutsche Bank, Goldman Sachs and Apple are expected to host a call with investors today, arranging for a new blockbuster bond deal that will come at least partly in euros, according to a new report.
10/31/2014, 06:10 pm
Apple shares reached a new all time high of $108 for the end of October, less than two weeks prior prior to the company's quarterly dividend distribution date.
10/29/2014, 10:10 pm
Samsung Electronics reported overall Q3 operating profits of 4.06 trillion won ($3.8 billion)--a 60 percent year-over-year drop--while its Mobile division suffered a 73.9 percent drop in profits.
10/29/2014, 02:10 am
Apple shares closed Tuesday at an all time high of $106.74, following the market's digesting of recent earnings reports, the well received launches of a series of new products and new details outlined in the company's 10-K report yesterday.
10/21/2014, 05:10 pm
During its fiscal Q4 ending in September, Apple spent an incredible $17 billion to buy up its own stock, increasingly doing so on its own without outside bankers' assistance. Since the beginning of fiscal 2014, Apple has spent an astounding $45 billion to repurchase its stock from fleeing investors at incredible discounts.
10/21/2014, 11:10 am
Apple exceeded market expectations this week with the results of its record breaking September quarter, leading analysts to heap praise on the company and raise their price targets as it heads into what is expected to be a blockbuster holiday season.
10/20/2014, 05:10 pm
During its quarterly conference call for the fourth quarter of 2014, Apple announced it will introduce new financial reporting methods that lump Apple Watch and iPod with Apple TV and other accessories, with CEO Tim Cook suggesting the move is a good way to shield details on the upcoming smartwatch from competitors.
10/20/2014, 05:10 pm
Apple blew away market expectations in reporting the results of its fourth fiscal quarter of 2014 on Monday, propelled by a new quarterly record for the iPhone and new all-time record for the Mac. Following the announcement, executives from the company participated in a conference call with analysts and the media, and notes of interest follow.
10/20/2014, 04:10 pm
In its quarterly fiscal report for the fourth quarter of 2014 released on Monday, Apple sold more than 5.5 million Macs without colorably adding to the lineup aside from yearly product refreshes and the introduction of price cuts on key devices.
10/20/2014, 04:10 pm
Apple officially closed out fiscal 2014 on Monday with the results from another record setting quarter, with the just-concluded September frame resulting in $8.5 billion in net profit on revenue of $42.12 billion, driven largely by the hugely profitable iPhone and including the newly launched iPhone 6 series.
10/20/2014, 09:10 am
Apple is set to report the results of its September quarter later this afternoon, including the first few weeks of iPhone 6 and iPhone 6 Plus sales, and market watchers generally expect the company will report revenue of around $40 billion for the three-month period.