Apple stock closes past $600 milestone for first time

Riding on a stock incentives plan and reports of record third-generation sales, Apple stock on Monday finally surged past the once elusive $600 barrier it has been tickling for the past few days.

AppleInsider Staff 14 years ago 57

Quarterly dividend expected to expand Apple's shareholder base

With a higher-than-expected 1.8 percent yield, Apple's new $2.65 quarterly dividend is expected to expand its shareholder base to investors who previously passed on the stock because it did not pay out a dividend.

Neil Hughes 14 years ago 56

Notes of interest from Apple's dividend & stock buyback conference call

Following Apple's announcement on Monday that it will pay a quarterly dividend of $2.65 per share as well as initiate a $10 billion share buyback program, executives from the company participated in a conference call with analysts and investors.

AppleInsider Staff 14 years ago 32

Apple's cash options include ongoing or special dividends, share buyback

Apple's most likely use for its $100 billion cash balance is seen as an ongoing dividend, though other options include a special dividend or share buyback.

Neil Hughes 14 years ago 9

Apple to host conference call Monday to discuss its $100B cash balance

Apple will host a conference call on Monday at 9 a.m. Eastern, 6 a.m. Pacific to discuss what it plans to do with its $100 billion cash balance.

AppleInsider Staff 14 years ago 196

Apple stock seen hitting $718 on sales of 60M iPads, 134M iPhones in 2012

Record sales of 60 million iPads and 134 million iPhones in calendar 2012 will help push Apple's stock price up to $718, a new forecast predicts.

Neil Hughes 14 years ago 7

Apple stock touches $600 in early morning trading ahead of iPad launch

Apple's stock catapulted to new heights on Thursday, briefly breaching the $600 barrier for the first time in the company's history as investors remain upbeat about this Friday's iPad launch.

Neil Hughes 14 years ago 74

Morgan Stanley bumps Apple stock price target to $720

With shares of Apple on a chart-topping climb, investment bank Morgan Stanley has lifted its price target for the stock to $720, with a 12-month bull case estimate of $960.

Josh Ong 14 years ago 51

Apple closes at record high, confounding advice to sell at iPad launch

Apple's stock price has gained 5.83 percent since last week's unveiling of the new iPad, crushing advisors who thought that the release would provide a good opportunity to sell.

Daniel Eran Dilger 14 years ago 40

Record day pushes Apple stock to nearly a half-trillion dollars in value [u]

With Apple's iPad media event now official, the company's stock was sent to new heights on Tuesday, propelling its total market capitalization to nearly $500 billion.

Neil Hughes 14 years ago 89

Dividend seen creating 'scarcity issue' for under-owned Apple stock

Availability of Apple shares could become an issue, boosting the company's price-to-earnings multiple later this year, if the company does decide to pay out a dividend to investors.

Neil Hughes 14 years ago 137

Special Report: Tim Cook fields questions on Apple dividends, a stock split, iTunes content deals

Apple's chief executive Tim Cook addressed two stock related issues that have been topics of interest to company investors: the payment of dividends and a possible stock split, while speaking to shareholders this morning.

Daniel Eran Dilger 14 years ago 53

Special Report: Tim Cook addresses Apple shareholders with wit, passion and analytical focus

Tim Cook met with shareholders for the first time following the passing of Apple's cofounder and former chief executive Steve Jobs, revealing his own very distinct personality but also strong commonality with Jobs' wit, passion and analytical focus.

Daniel Eran Dilger 14 years ago 40

Apple CEO Tim Cook says Facebook is a 'friend,' won't commit to dividend

Investors at Thursday's Apple shareholder meeting had the opportunity to ask the company's executives about a range of topics, including the prospect of an Apple television set, a stock dividend, and its relationship with Facebook.

AppleInsider Staff 14 years ago 36

Apple directors must now win a majority vote before appointment to board

At its annual shareholders meeting on Thursday, Apple announced that it has adopted a measure approved by shareholders last year that requires a majority vote for new board members to be approved.

AppleInsider Staff 14 years ago 30

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