Morgan Stanley fined $4M for allowing rogue Apple stock trades

Investment bank Morgan Stanley on Wednesday agreed to pay the U.S. Securities and Exchange Commission $4 million in fines for violating the market access rule when it allowed a rogue trader to fraudulently purchase some $1 billion of Apple stock in 2012.

Mikey Campbell 11 years ago 38

JMP raises Apple price target to Street-high $150 on 'exceptionally strong' demand for iPhone, iPad

Analyst Alex Gauna of JMP Securities has raised his price target for Apple from $135 to $150, predicting an "explosive" quarter for the company based on "exceptionally strong" demand seen in both China and the United States.

Daniel Eran Dilger 11 years ago 32

New products, 'innovative services' lead Barclays to hike Apple price target by 17% to $140

British banking giant Barclays this week raised its price target for Apple shares to $140 from $120, saying that increased customer demand for larger-screened iPhones and iPads, the introduction of the Apple Watch, and the unveiling of new services like Apple Pay could significantly expand the company's margins.

AppleInsider Staff 11 years ago 51

Apple stock hit by brief mini crash of over 6 percent before rebounding

Apple shares on Monday saw its most precipitous decline in three months after opening to unusually high trade volume, shedding as much as $40 billion in market value before rebounding to end the day down more than three percent.

AppleInsider Staff 11 years ago 35

UBS survey finds 10% of consumers want a smartwatch, expects 24M Apple Watch sales in fiscal 2015

A new survey from UBS suggests that the Apple Watch could get off to a strong start, leading the investment firm to predict sales of 24 million units and gross profit of $3.4 billion from the wearable device in its first few months alone.

Neil Hughes 11 years ago 70

Apple reaches record breaking $700 billion market cap as stock surge continues

Shares of Apple reached another major financial milestone on Tuesday, crossing the $700 billion market capitalization threshold just after trading began on Wall Street.

Neil Hughes 11 years ago 85

Apple shares hit all-time high above $118 as market cap flirts with $700B

Shares of Apple stock reached a new all-time high on Monday, rising to $118.63 at the closing bell with a record market capitalization of nearly $700 billion.

AppleInsider Staff 11 years ago 32

Morgan Stanley raises Apple price target to $126, says investors underestimate Apple Watch

Morgan Stanley joins a number of other investment firms that have raised their price targets on shares of Apple stock this week, reflecting significant gains posted by the company heading into the holiday shopping season and in anticipation of next year's debut of the Apple Watch.

Neil Hughes 11 years ago 67

Strong demand for iPhone 6 & 6 Plus persists, prompts Piper Jaffray to raise Apple price target to $135

Piper Jaffray has been tracking availability of the iPhone 6 and iPhone 6 Plus at Apple Stores and continues to see demand outstripping supply, leading the investment firm to raise its price target on AAPL stock on Thursday.

Neil Hughes 11 years ago 71

Evercore ups Apple target to $135, expects revenue growth to accelerate to 15% in 2015

With a huge number of iPhone owners yet to upgrade to screen sizes larger than 4 inches, Evercore Partners expects major revenue growth for Apple in fiscal 2015 and beyond, and has increased its price target on the company's shares to $135.

Neil Hughes 11 years ago 8

Top hedge funds predict Apple could achieve trillion-dollar market cap

As shares of Apple repeatedly reach new all-time highs, major investors believe the trend could continue, propelling the iPhone maker to a massive market capitalization level of $1 trillion as soon as next year.

Neil Hughes 11 years ago 100

RBC raises Apple price target to $120, predicts Apple Watch will earn $10B in first-year revenue

RBC Capital Markets on Monday increased its price target for Apple stock to $120 per share, a number that incorporates the investment firm's expectations for the upcoming Apple Watch, predicted to sell 20 million units in its first 12 months.

Neil Hughes 11 years ago 46

Apple, Inc. shares reach new peak above $114 after paying investors $2.9 billion in dividends

Apple shares reached a new all time closing high of $114.18 today, following yesterday's quarterly dividend distribution of $2.9 billion to shareholders. That compares to a pre-split adjusted price just cents below $800, and is 53.5 percent higher than the company's stock price just one year ago.

Daniel Eran Dilger 11 years ago 48

Shares of Apple reach new all-time high, break record market cap at $659B valuation [u]

Apple stock is currently trading at its all-time highest levels, putting the company at its highest-ever market capitalization level of more than $659 billion Thursday morning [updated].

Neil Hughes 11 years ago 87

UBS ups Apple price target to $125 after survey indicates strong share for iPhone 6 Plus

The results of a recent global survey of prospective smartphone buyers conducted by UBS forecast a favorable share of iPhone 6 Plus sales and strong demand in China, prompting the investment firm to raise its price target.

Neil Hughes 11 years ago 52

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