Google surpasses Apple as world's most valuable company

After beating Wall Street expectations for the fourth quarter of 2015, Google umbrella company Alphabet usurped Apple as the most valuable company in the world on Monday in after hours trading.

Mikey Campbell 10 years ago 202

Wall Street adjusts Apple expectations after Tim Cook 'rips the Band-Aid off'

Though Apple had a respectable December quarter, the company's outlook for the following three months calls for iPhone sales to decline for the first time ever. Analysts on Wall Street responded by trimming their price targets, though most still believe investors should buy in.

Neil Hughes 10 years ago 117

Notes of interest from Apple's Q1 2016 conference call

Apple's biggest quarter ever was something of a mixed bag for the company — it sold more iPhones than ever, but the company also expects revenues to fall next quarter. Following the announcement of its first quarter of fiscal 2016 results, executives from the company participated in a conference call with analysts and the media, and notes of interest follow.

Neil Hughes 10 years ago 41

Wall Street expects $76.5B in revenue from Apple in record breaking holiday quarter

Apple this afternoon is expected to reveal that it just concluded its biggest quarter in the company's history, with Wall Street watchers projecting an average of $76.5 billion in revenue from the holiday period.

AppleInsider Staff 10 years ago 63

Apple's $59M Australian tax bill in the spotlight as international tax row continues

Apple Australia recorded a gross tax rate of slightly more than 1 percent in 2015, Australian government records indicate, focusing attention once again on the iPhone maker's international tax strategy.

AppleInsider Staff 10 years ago 50

Apple returns to over $100 per share ahead of Q1 2016 earnings report

Shares of AAPL closed above $100 on Friday, as investors bought in ahead of earnings and once again returned the iPhone maker's stock to three-digit territory.

Neil Hughes 10 years ago 45

UBS sees record 75M holiday iPhone sales driven by Apple's lower priced models

Investment firm UBS believes Apple sold a record number of iPhones during the just-concluded December quarter, but that fewer customers opted for Apple's high-end models when compared to a year prior, based on new market research.

Neil Hughes 10 years ago 31

Shareholder motion asks Apple to aim for net-zero greenhouse gases by 2030

A measure coming up for voting by Apple shareholders asks Apple to explore options for achieving net-zero greenhouse gas emissions — for both its own operations and major suppliers — by 2030.

Roger Fingas 10 years ago 37

Merrill Lynch upgrades AAPL to 'Buy,' says worries factored into current price

Bank of America Merrill Lynch upgraded Apple stock from "Neutral" to "Buy" on Tuesday, with an analyst at the firm suggesting that any worries about channel or supply chain checks are already factored into share prices.

Roger Fingas 10 years ago 6

Piper Jaffray lowers March iPhone estimates to 55M, sees return to growth in fall 2016

Ahead of Apple's upcoming quarterly earnings report, investment firm Piper Jaffray lowered iPhone shipment estimates to 55 million units for the current quarter, but maintains AAPL is the year's top stock pick.

Mikey Campbell 10 years ago 39

Brean Capital maintains $170 target for Apple stock, sees 'material upside' to iPhone in 2016

As shares of Apple remain under $100 after recent losses, Brean Capital is standing by its $170 price target, predicting the iPhone will outperform lowered Wall Street expectations in 2016.

Neil Hughes 10 years ago 14

Apple shares open below $100 for first time since 2014

Wall Street's pessimistic view of the iPhone's future continues to drag Apple stock downward, as shares of the Cupertino company opened trading below $100 for the first time in more than a year on Thursday.

AppleInsider Staff 10 years ago 65

RBC cuts Apple target to $130, expects iPhone sales 'noise' to last through March quarter

RBC Capital Markets on Thursday became the latest investment firm to cut its estimates for Apple, joining the chorus of concerns that Apple could post its first-ever year over year decline in iPhone sales.

Neil Hughes 10 years ago 12

Wells Fargo cuts Apple price target as stock hovers just above $100

The price of of Apple stock has been driven lower by concerns over demand for the iPhone 6s lineup, dropping near $100 per share in early trading on Wednesday as investment firm Wells Fargo Securities cut its own outlook, predicting a short-term "road bump" before a return to growth.

Neil Hughes 10 years ago 61

Analyst: Nikkei iPhone 6s supplier story says nothing of iPhone demand; site wrong before in 2013

While reporting that Apple could cut supplier orders for new iPhone 6s models by "30 percent," Japanese business newspaper Nikkei has characterized the move as "inventory adjustment" while adding that other iPhone models "have continued to sell."

Daniel Eran Dilger 10 years ago 19

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