Apple says board approves stock split.
As of February 18, all shareholders of record will receive one additional share for every outstanding share held. Trading will begin on a split-adjusted basis February 28.
Apple shares were up $1.15, or 1.5 percent, at $79.51 in recent premarket trading.
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Apple is holding its annual shareholder meeting on February 25 at 11 a.m. Eastern Time, which is when participants will be able to vote and ask questions.
During an interview with Joe Rogan about Meta's abandonment of fact-checking and changing rules to allow hate speech, Meta's CEO targeted Apple for lacking innovation since the iPhone.
Apple's latest Shot on iPhone film marks the Chinese New Year, with "I Made a Mixtape for You" showing an idyllic form of love from the 1990s.
Synchrony Pay Later can soon be used to complete purchases in installments via Apple Pay.
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Apple has launched a website and downloadable wallpaper for Apple Miami Worldcenter, a new store due to open on January 24.
Analyst Ming-Chi Kuo claims that previous reports of an iPhone 17 Slim being 6mm are underestimating its thinness, at least for part of the device.
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43 Comments
WOOHOO![/homer]Now I have 18 shares... or will have anyway.
WOOHOO![/homer]Now I have 18 shares... or will have anyway.
18 shares, worth half the price. i've always been under the impression that a split is never good for the price of a stock. companies like Berkshire Hathaway have never split and are now worth over $90,000 a share (you read that right).
while this may lure more casual investors, i don't know if it gives apple the image they want or need. (hey, but then again, what do i know about running a $5billion company?)
Now I'll be able to afford Apple stock again
FWIW, during the boom, our company announced a stock split and before it happened, the stock plummeted. I am no financial analyst, but I think Apple's stock is due for a correction which may negate this split too.
this pisses me off to no end. if i hadn't sold my stock a few months ago I could buy another pimped out G5, or buy a car or something. oh well, hindsight is always 20/20...
I sold my Apple stock a couple of years ago for around $25 and I made money... don't worry about the "what ifs"