Investor advisory firm calls for Apple to disclose CEO succession plan

Concerns over the health of Apple Chief Executive Steve jobs has prompted Institutional Shareholder Services to support a shareholder proposal to require Apple to disclose a CEO succession plan.

Sam Oliver 15 years ago 129

After pullback, even 'value' investors should eye Apple stock - report

Concerns about the health of Apple Chief Executive Steve Jobs have caused the company's stock to take a hit, even as it reported record earnings last week. The news has left Apple's stock vastly undervalued, according to one Wall Street analyst, who has a price target of $550.

Neil Hughes 15 years ago 76

Ex-SEC chief says Apple has disclosed enough about health of Steve Jobs

The former chairman of the U.S. Securities and Exchange Commission has said he believes that Apple has publicly disclosed enough information about the health of its chief executive, Steve Jobs.

Katie Marsal 15 years ago 58

Notes of interest from Apple's Q1 2011 conference call

Apple on Tuesday reported its best quarter in the history of the company, reaching $26.74 billion in revenue with a net quarterly profit of $6 billion. Following the news, Apple executives participated in a conference call with analysts and the press, and notes of interest follow.

AppleInsider Staff 15 years ago 128

Apple profits surge 77% on record sales of 4.1M Macs, 16.2M iPhones, 7.3M iPads

Apple said Tuesday that first quarter profits rose more than 77% to $6 billion, or $6.43 per diluted share, driven by record sales in three of its four major product categories, helping the electronics giant smash Wall Street's consensus estimates yet again.

AppleInsider Staff 15 years ago 42

Kaufman Bros ups Apple target to $415 in spite of Steve Jobs' absence

A medical leave of absence from Apple Chief Executive Steve Jobs has not deterred the firm Kaufman Bros. from its bullish stance on the company's stock, and even went as far as to up its price target to $415 on Tuesday.

Neil Hughes 15 years ago 17

Earnings Preview: Apple could beat revenue estimates by $2 billion

As investors continue to mull-over the consequences of Steve Jobs' abrupt and immediate health-related leave of absences from the company, Apple will be posting its fiscal first quarter results after the bell this afternoon. AppleInsider contributor Andy Zaky, of Bullish Cross, provides a closer look.

By Andy M. Zaky, Bullish Cross, Special to AppleInsider 15 years ago 29

Apple outlook raised to 7 million iPads, 4.3 million Macs for Q1 2011

Apple is expected to beat even some above-consensus revenue numbers when it announces earnings Tuesday night, having sold new peak numbers of iPhones, iPads and Macs in the winter quarter.

Daniel Eran Dilger 15 years ago 20

Apple seen selling 100 million iPhones, 40 million iPads in 2011

Any drop in Apple's share price tomorrow "presents a buying opportunity ahead of earnings," according to the latest analyst to weigh in on the impact Steve Jobs' leave of absence may have on investors, noting an improved outlook for iOS and more favorable component costs than previously expected.

Daniel Eran Dilger 15 years ago 7

Analysts: 'Stay the course with Apple,' $450 price target set

While traders on the Frankfurt DAX sent Apple shares sliding 6 percent today, similar to the drop that occurred in the US the last time Apple announced that its chief executive Steve Jobs was taking a leave of absence, US analysts expressed more confidence in Apple's market strength.

AppleInsider Staff 15 years ago 41

Apple shares slide 6% in Germany as investors weigh in on Steve Jobs' leave

Though U.S. markets were closed on Monday, overseas trading gave an indication of how investors might react to Steve Jobs' absence from Apple come Tuesday. In addition, analysts on Wall Street offered their take on the news.

Slash Lane 15 years ago 27

'Holiday hat trick' of 16M iPhone, 6M iPad, 4.2M Mac sales expected from Apple

With Apple's quarterly earnings report for the 2010 holidays less than a week away, one Wall Street analyst believes Apple will sell a record 16 million iPhones, 6 million iPads, and 4.2 million Macs.

Neil Hughes 15 years ago 27

Briefly: Apple shareholder proposal, VLC app removed, Intel tablets

Apple is opposing a shareholder proposal advocating a CEO succession plan for the company, while the VLC media player iOS app has reportedly been removed from the App Store over a licensing disagreement. Meanwhile, an Intel executive has revealed that his company tried unsuccessfully for a long time to get Microsoft to build a tablet operating system.

AppleInsider Staff 15 years ago 120

Wedbush initiates coverage of Apple stock with $405 price target

Investment firm Wedbush Securities began coverage of Apple stock on Wednesday, and kicked off its analysis with an "outperform" rating and a 12-month price target of $405.

AppleInsider Staff 15 years ago 33

Apple's holiday iPhone, iPad and Mac sales stronger than expected - report

Apple is poised to report yet another record-breaking quarter this month, with channel checks indicating sales of the company's iPhone, iPad and Mac computers are tracking ahead of already lofty expectations.

Neil Hughes 15 years ago 40

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