Apple has bled more than $500B in market value in September

Amid a broad tech industry selloff, Apple stock has lost more than $500 billion in market value since an intraday high of $137.98 on Sept. 2.

Mike Peterson 5 years ago 34

New Apple Watch, Services cater to 'new normal,' Piper Sandler raises AAPL target to $130

Investment bank Piper Sandler raised its AAPL price target to $130 on the strength of a new slate of Apple products and services that address different aspects of the "new normal" during the COVID-19 pandemic.

Mike Peterson 5 years ago 3

Apple Watch will drive Sept. 15 event with possible 'iPhone 12' announcement, says JP Morgan

JP Morgan expects Apple's Sept. 15 event to drive upside for AAPL due to an Apple Watch launch, and a possible iPhone announcement.

Mike Peterson 5 years ago 2

Apple closes above $2T the day after tech industry sell-off

Apple on Friday regained a market valuation above $2 trillion after briefly losing it Thursday in a large-scale tech industry stock sell-off.

Mike Peterson 5 years ago 8

Apple stock could hit $200 on unmatchable digital transformation to Services

Loup Ventures' Gene Munster has made a case for Apple stock shares hitting $200 in the next two to four years because the company is a "cornerstone of a new digital transformation."

Mike Peterson 5 years ago 9

Cowen revises AAPL price target to $133 after four-for-one split

Investment bank Cowen has revised its AAPL price target to reflect continued Apple business strengths, and to incorporate the recent Apple four-for-one stock split.

Mike Peterson 5 years ago 7

JP Morgan raises AAPL price target to $150, with room to grow

JP Morgan has raised its 12-month price AAPL target to $150 after Apple's four-for-one split, noting that there are still significant upsides to the stock despite its already rich valuation.

Mike Peterson 5 years ago 2

Wedbush adjusts AAPL price target to $150 after four-for-one split

Investment bank Wedbush has adjusted its AAPL price target to $150, taking into account Apple's recent four-for-one stock split.

Mike Peterson 5 years ago 4

Wedbush raises AAPL price target to $600, with bull case set at $700

Investment bank Wedbush has raised its AAPL price target to an industry-high $600 on the upcoming "iPhone 12" cycle and signs of strength in the critical region of China.

Mike Peterson 5 years ago 4

Cowen raises AAPL price target to industry-high $530

Investment bank Cowen has raised its 12-month Apple price target to $530 on an uptick in its iPhone build estimate for the third quarter.

Mike Peterson 5 years ago 0

Apple closes above $2 trillion for first time

Apple's market capitalization reached an all-time high of $2.02 trillion at end of trading on Thursday.

Mike Peterson 5 years ago 11

Apple has clear path to $3 trillion valuation with 5G, health

Apple recently hit a $2 trillion market capitalization milestone, and Loup Ventures' Gene Munster said the company has a "clear path" to $3 trillion.

Mike Peterson 5 years ago 13

Apple first U.S. company to hit $2 trillion market cap

Apple has become the first publicly traded U.S. company to hit a $2 trillion market capitalization, with shares of AAPL hitting $467.77 during intra-day trading.

Amber Neely 5 years ago 56

Apple CEO Tim Cook is now a billionaire

Apple CEO Tim Cook's personal net worth has recently crossed the $1 billion mark, per a new report citing regulatory filings and market estimates.

Mike Peterson 5 years ago 41

Wedbush raises AAPL price target to industry-high $515

Wedbush has raised its AAPL price target to $515 ahead of an expected "iPhone 12" super cycle and Apple hitting a $2 trillion market valuation — and it sees a potential path to $600 per share.

Mike Peterson 5 years ago 2

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