AAPL price crushes old record, cruises past $1,000 pre-split per-share price

Apple's stock price on Tuesday hit a new record of $143.80, eclipsing the $1,000 per share pre-split benchmark, and if it keeps pace for the rest of the week will beat the company's old market capitalization record.

Mike Wuerthele 9 years ago 29

JP Morgan raises Apple target to $165, sees sales of 260M iPhones in 2018

Buying in on hype for an anticipated 10th anniversary "iPhone 8" super-cycle, investment firm J.P. Morgan has raised its price target on shares of Apple to $165.

Neil Hughes 9 years ago 7

Citing 'powder keg' with coming 'iPhone 8,' Cowen sees shares of Apple reaching $155

Estimates for Apple on Wall Street remain "way too low," in the eyes of analyst Timothy Arcuri, who believes that the combination of a new iPhone form factor with an aging install base could create a "powder keg" for shares of the company.

Neil Hughes 9 years ago 7

Services growth on track to deliver big long-term payout for Apple, analyst says

An analyst claims that Apple is on track for its services business revenue estimates so far, and any large acquisitions it may make will just accelerate the growth driven by the iPhone 7, and successor "iPhone 7s" and "iPhone 8" devices expected in 2017.

Mike Wuerthele 9 years ago 11

Despite China weakness, Apple's 'aspirational' brand remains strong globally — report

A new analyst report sees Apple outperforming an expanding premiums smartphone market, with the company garnering its highest market share in four years in the US, Japan, and Europe.

Mike Wuerthele 9 years ago 0

Apple an 'antifragile monopoly,' more secure than critics believe, analyst claims

In spite of views by some investors and critics, Apple is an "antifragile monopoly" that can withstand competition from other giants in the high-tech sector like Amazon and Google, an analyst argued on Thursday.

Roger Fingas 9 years ago 59

Apple's Green Bonds funded $441.5 million of environmental safety, conservation, climate change action in 2016

Last February, Apple issued its first Green Bond, a $1.5 billion vehicle for investors seeking to put their capital to work on projects that will reduce the global human impact on climate change, help develop technology products using safer materials and work to conserve scarce resources. The company has now reported on a series of projects financed by those bonds last year.

Daniel Eran Dilger 9 years ago 5

Apple board members receive restricted stock grants worth more than $253K

Each member of Apple's board of directors recently received an automatic grant of restricted stock units currently worth more than $253,000, U.S. Securities and Exchange Commission filings show.

Mikey Campbell 9 years ago 7

AAPL beats $140 per share in mid-day trading, inches closer to record $775B market cap

Apple's stock price on Wednesday afternoon broke $140 per share and is only a few dollars short of both a pre-split $1000 valuation and breaking the company's previous market capitalization record of $774.69 billion set in 2015.

Mike Wuerthele 9 years ago 35

Calling augmented reality 'the next major innovation from Apple,' UBS raises price target to $151

Expectations are growing that augmented reality could play a key role in Apple's "iPhone 8" and beyond, prompting investment firm UBS to increase its price target for shares of the company on Tuesday.

Neil Hughes 9 years ago 12

Warren Buffett grows Berkshire Hathaway AAPL stake to 133 million shares worth $17 billion

Chairman and chief executive of Berkshire Hathaway Warren Buffett proclaims in an interview that his firm purchased around 120 million AAPL shares just in 2017, with a total value of more than $17 billion.

Mike Wuerthele 9 years ago 52

Apple board member Al Gore sells $29.5M of company stock

A U.S. Securities and Exchange Commission filing on Friday reveals Apple board member Al Gore this week sold 215,437 shares of AAPL stock worth about $29.5 million.

AppleInsider Staff 9 years ago 60

Apple Inc. valuation now more than $134 billion greater than Alphabet's Google

Shares of Apple are collectively worth $713.96 billion as of today's market close, while the market cap of Alphabet Inc (which includes Google) closed today at $579.15 billion, a difference of $134.81 billion. However, Google's search results still point to year-old stories touting Google briefly surpassing Apple in market cap twice last spring.

Daniel Eran Dilger 9 years ago 33

Apple stock closes at new high of $136.70 as market cap inches toward $720 billion

Riding a wave of positive financial news and a rosy outlook for fiscal 2017, Apple stock touched $136.74 in intraday trading on Tuesday before closing at an all-time high of $136.70.

AppleInsider Staff 9 years ago 27

Editorial: Uncertainties of a dysfunctional American government likely to hurt Apple's performance

Shares of Apple are currently trading at an all time high, in a bull market rally that recently-elected U.S. President Trump has frequently taken credit for. However, stock market gains—including Apple's—appear to be driven primarily by favorable earnings reports from the December quarter. The economic future of Apple — and the U.S. overall — is less certain, given risks related to infrastructure investment, taxes, currency valuations, immigration restrictions and travel bans under the new administration.

Daniel Eran Dilger 9 years ago 0

Load More