Apple stock hits $500 milestone

Apple stock broke the $500 barrier for the first time during Monday trading, and ended the day at $502.60 which gives the world's most valuable company a substantial leg up when compared to next-closest Exxon Mobil Corp.

Mikey Campbell 14 years ago 63

2%-3% dividend suggested as best use of Apple's $100B in cash

The best use of Apple's nearly $100 billion in cash and investments would be to issue shareholders a dividend yield of between 2 percent and 3 percent, a new analysis argues.

Neil Hughes 14 years ago 226

Apple now worth more than Google and Microsoft combined [u]

First on AI: Apple's stock soared to new heights on Thursday, pushing the company's market capitalization to $456 billion, a number that is greater than the values of rivals Google and Microsoft combined.

Neil Hughes 14 years ago 190

Apple's 44.7% gross margins are highest in at least 15 years

Apple's record setting quarter included another major achievement for the company with gross margins of 44.7 percent, a number that was its highest in at least 15 years, and maybe its highest ever.

Neil Hughes 14 years ago 61

Wowed Wall Street watchers raise forecasts after Apple's 'perfect' $46B quarter

Analysts on Wall Street were blown away by Apple's blistering holiday 2011 quarter, and promptly revised their estimates even higher following the news.

Neil Hughes 14 years ago 48

Apple Stores rake in $6.1 billion in record quarter

Apple's retail outlets set new records in Q1 2012 and brought in an unprecedented $6.1 billion in revenue, which translates to a prodigious 59% increase over results from the same time a year ago.

Mikey Campbell 14 years ago 6

iPhone vs. Android a tight race but iPad puts iOS 'way ahead' in mobile OS war

Apple CEO Tim Cook outlined his thoughts on the company's iOS device performance during Q1 2012 and sees iPhone sales momentum closing the gap with rival handsets running Google's Android platform, while iPad and iPod touch are in a league of their own.

Mikey Campbell 14 years ago 54

Apple execs are 'actively discussing' what to do with nearly $100B cash hoard

Apple's stockpile of cash and reserves grew another $16 billion in the holiday quarter, reaching $97.6 billion, as executives hinted they are considering big plans with their money, even though they aren't in a hurry to spend it.

Neil Hughes 14 years ago 120

Notes of interest from Apple's Q1 2012 conference call

Apple on Tuesday posted a massive holiday quarter with record sales of more than 37 million iPhones, 15.43 million iPads and 5.2 million Macs. Following the news, Apple executives participated in a conference call with analysts and the press, and notes of interest follow.

AppleInsider Staff 14 years ago 30

Apple earns record $13B on sales of 37M iPhones, 15M iPads and 5.2M Macs

Apple announced Tuesday the best quarter in its corporate history where earnings rose more than 117% to $13.06 billion, or $13.87 per diluted share, on record quarterly revenue of $46.33 billion.

Katie Marsal 14 years ago 90

RBC ups Apple stock price target to $525 due to 'iPhone frenzy'

Investment bank RBC upped its price target for shares of Apple from $500 to $525 on Wednesday on expectations that the company will solidly beat Wall Street estimates for the first quarter of fiscal 2012 and offer healthy guidance going into the second quarter.

Josh Ong 14 years ago 30

Street consensus for Apple's iPad sales in Dec. quarter stands at 13.5 million units

A survey of Wall Street and independent analysts has found that all of them expect Apple to report record iPad sales when it releases its December quarter financial results on Jan. 24, though independent analysts have a 10 percent higher average than the Street's consensus of 13.5 million units.

Josh Ong 14 years ago 49

Supplier profits viewed as early indicator of strong Apple earnings

As fourth-quarter 2011 earnings reports for various companies within Apple's supply chain have begun to trickle in, analysts have taken suppliers' growing profitability as an early sign that the iPhone maker will report breakout profits for the holiday quarter.

Josh Ong 14 years ago 3

Apple's 2012 shareholder meeting set for February 23

Apple on Monday filed notice with the Securities Exchange Commission that its annual shareholder meeting will be held at 10 a.m. Pacific on Feb. 23 and will include four shareholder proposals.

Josh Ong 14 years ago 20

Android litigation seen adding 'significant value' for Apple shareholders

Patent infringement litigation between Apple and Android-based handset makers is viewed as a positive for AAPL shareholders, who could benefit from the company's iPhone patent portfolio with licensing deals or a potential ban on Android devices.

Neil Hughes 14 years ago 44

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