Apple to hold $14 billion bond sale to take advantage of cheap borrowing costs

Apple plans to sell $14 billion worth of bonds, taking advantage of cheap borrowing costs to fund corporate operations like share buybacks.

Mike Peterson 5 years ago 24

Examining Apple's staggering $111.4B holiday quarter by the numbers

Apple's Q1 2021 results were the highest ever for the Cupertino giant, with a later iPhone release schedule and many other factors supersizing typically huge results. Here's a breakdown of the key figures Apple disclosed about its holiday quarter fortunes.

Malcolm Owen 5 years ago 5

Notes of interest from Apple's Q1 2021 earnings report and conference call

Apple on Wednesday published its first fiscal quarter of 2021 results, reporting quarterly revenue above $100 billion for the first time. Here are some notes of interest from the report and call, including remarks from Apple CEO Tim Cook and CFO Luca Maestri on the particulars of both.

Mike Peterson 5 years ago 16

What to expect from Apple's Q1 2021 earnings on Jan. 27

On January 27, Apple will disclose the results of its critical first fiscal quarter for 2021, that spans the 2020 holiday season. Here's what factors impact this quarter, which is expected to be a record-breaking one.

Malcolm Owen 5 years ago 6

Apple could hit $3T market cap by 2022, says analyst

Continuing iPhone 12 demand is exceeding Wedbush's most bullish expectations, with the firm predicting that a $3 trillion Apple market capitalization can be hit by mid-2022.

Mike Peterson 5 years ago 18

Apple vertical integration could boost 'Apple Car' margins, threaten Tesla

Investment bank Morgan Stanley believes the "Apple Car" has an opportunity to drive down the normally razor-thin margins of the auto industry and pose a threat to Tesla.

Mike Peterson 5 years ago 17

Apple's holiday quarter earnings announcement scheduled for Jan. 27

Apple on Tuesday announced its quarterly earnings call for the first fiscal quarter of 2021 will be held on Jan. 27, offering a detailed breakdown of the important holiday quarter as the coronavirus pandemic rages.

Malcolm Owen 5 years ago 4

Apple has a clear path to a $3 trillion market cap, says Gene Munster

Loup Ventures' Gene Munster believes that digital acceleration, the iPhone 12, and other factors could drive Apple stock to a $200 price per share and a $3 trillion market capitalization.

Mike Peterson 5 years ago 11

Morgan Stanley raises AAPL to $144 on iPhone 12 strength in China

Morgan Stanley is "increasingly bullish" about the iPhone 12 cycle and has hiked the target Apple stock price, because of better-than-expected sales performance in China, stable build numbers, and other positive data.

Mike Peterson 5 years ago 3

iPhone 12, coronavirus among factors driving Apple Services boom & share price

Morgan Stanley's Katy Huberty believes that Apple's Services, critical to the company's share price, will continue to see sustained double-digit growth driven by the iPhone 12 and new engagement initiatives.

Mike Peterson 5 years ago 0

Warren Buffett sells 36M Apple shares, picks up major drug stocks

Warren Buffett's Berkshire Hathaway sold about 36 million shares of Apple in the third quarter of 2020, trimming its stake in the company by some 3.7%, according to regulatory filings.

Mike Peterson 5 years ago 9

Apple says reduction in App Store commission rate would impact bottom line

Apple warned investors that changes to its App Store commission could hurt its bottom line in a regulatory filing that also highlighted the MacBook Pro as the primary driver of 2020 Mac sales.

Mike Peterson 5 years ago 46

What financial analysts thought about Apple's Q4 2020 earnings report

Apple on Thursday reported September quarter revenue higher than Wall Street expectations, despite iPhone sales being down. Here's what analysts expected, and what they thought about the results.

Mike Peterson 5 years ago 4

Apple Mac, Services hit new all-time highs during September quarter

Apple's Mac and Services segments reached all-time record highs during the company's fourth fiscal quarter of 2020, smashing previous records in both sectors.

Mike Peterson 5 years ago 0

Notes of interest from Apple's Q4 2020 and annual earnings report

Apple has published its fourth fiscal quarter of 2020 results, breaking all of the company's fourth fiscal quarter records. Here are some notes of interest from the report, including remarks from Apple CEO Tim Cook and Chief Financial Officer Luca Maestri surrounding the particulars of the report.

Mike Wuerthele 5 years ago 7

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