AAPL hits $400 price-per-share milestone on Q3 earnings beat

Apple's stock price has hit a new milestone of $400 per share in after hours trading on Thursday after the company reported better-than-expected quarterly earnings of $59.7 billion for its third fiscal quarter of 2020.

Mike Peterson 5 years ago 2

Apple's new subscription services may be off to a slower than expected start

Some analysts are raising concerns that Apple's 2019 slate of services are off to a slower start than originally anticipated, but how much that may impact Thursday's earnings isn't clear.

Mike Peterson 5 years ago 19

The worst of COVID-19 impacts may be behind many tech companies

Ahead of Apple's July 30 earnings report, a number of technology companies have reported better-than-expected earnings amid broader economic uncertainty due to COVID-19.

Mike Peterson 5 years ago 0

Morgan Stanley sees 'iPhone pot of gold' driving AAPL to $419 per share

Morgan Stanley has raised its AAPL price target to $419, suggesting that Apple upgrade and trade-in programs could help the company unlock an "iPhone pot of gold."

Mike Peterson 5 years ago 3

Apple announcing Q3 2020 earnings results on July 30

Apple has announced that it will reveal its quarterly earnings for the third fiscal quarter of 2020 on July 30, detailing how the company is faring during post-WWDC and during a surge in new COVID-19 cases in the U.S.

Mike Peterson 5 years ago 3

Warren Buffett's Berkshire Hathaway owns $91.3 billion worth of Apple stock

Apple shares now comprise 43% of Warren Buffett's portfolio with Berkshire Hathaway owning $91.3 billion worth of AAPL, according to the holding company's latest shareholder letter.

Mike Peterson 5 years ago 27

AAPL hits all-time record high stock closing price of $331.50

Following four months of coronavirus impact, Apple's stock closed at an all-time high on Friday, clocking in at $331.50 at the end of trading.

Mike Peterson 6 years ago 25

Apple has a clear path to be the first to hit a $2 trillion valuation

With a current valuation of $1.4 trillion and climbing, analyst Amit Daryanani thinks the world's most valuable company could be the first to hit $2 trillion.

Mike Peterson 6 years ago 16

JP Morgan hikes AAPL price target to $365 on India iPhone SE, 'iPhone 12' launch

Investment bank JP Morgan has raised its Apple stock price target on the potential for an on-time 'iPhone 12' launch and the iPhone SE's opportunity to drive growth in India.

Mike Peterson 6 years ago 5

Apple's stock has fully recovered after the coronavirus earnings warning

At Tuesday's NASDAQ opening, Apple's stock price has recovered all of the losses it suffered since the company announced it would miss its guidance over coronavirus issues in February.

Malcolm Owen 6 years ago 15

Apple fourth on 2020 Fortune 500 list, passed by Amazon

The 66th Fortune 500 list was released on Monday morning detailing the largest corporations in the United States, with Apple slipping a bit to the number four spot.

Wesley Hilliard 6 years ago 10

Apple's road back to a $300 share price after the coronavirus changed everything

Amid one of the worst economic downturns in years, Apple has outperformed most expectations that analysts have placed on it. Just shy of two months into the COVID-19 pandemic, its share price has returned to levels not seen since before the crisis.

Mike Peterson 6 years ago 22

Analysts readjust expectations on Apple's better-than-expected Q2 results

On Thursday, Apple reported quarterly earnings and growth that exceeded Wall Street expectations, leading many analysts to update their predictions for the June quarter and beyond.

Mike Peterson 6 years ago 8

Notes of interest from Apple's second quarter 2020 earnings report

Following the publication of its second fiscal quarter of 2020 results, Apple provided additional detail surrounding the particulars of the report during an hour-long conference call.

Mike Wuerthele 6 years ago 10

Don't count on reports of a delayed 'iPhone 12'

Parallel reports have all recently claimed that Apple has decided to "delay the mass production" of its upcoming "iPhone 12", but these reports don't offer any meaningful evidence that this could result in a materially late launch. Here's a look at why.

Daniel Eran Dilger 6 years ago 16

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