Apple extends share buybacks by another $90 billion
One year after introducing a $90 billion stock buyback program, Apple has launched another to recover an extra $90 billion of common stock.
One year after introducing a $90 billion stock buyback program, Apple has launched another to recover an extra $90 billion of common stock.
Citing signs of rebounding demand for iPhones in China, expected new products, and an anticipated rise in services, Wedbush has again raised its Apple stock price target.
Warren Buffett's Berkshire Hathaway continues to increase its stake in Apple stock, adding 333,856 shares in Q4 2022.
Amidst a downturn in most hardware categories, Apple set a new record for its Apple Services business, beating Wall Street's expectations for the segment.
Apple has hauled in $117.15 billion in revenue for its first quarter results of 2023, with the earnings impacted by both an economic downturn and Chinese factory issues.
On Tuesday, Apple's market cap fell below the $2 trillion mark over investor fears — but a positive day has returned the stock to over the line.
Apple is edging slightly ahead of Wall Street's expectations for the September quarter that includes the iPhone 14 launch, so analyst focus is already starting to shift to the crucial holiday quarter.
Ahead of Apple's earnings call on October 27, Morgan Stanley believes Apple will beat Wall Street's expectations for the September quarter, although it very slightly lowered its price target for Apple's stock.
Apple is on track to beat Wall Street's fourth fiscal quarter expectations and quarterly revenue records as JP Morgan forecasts a revenue of $90 billion for the company.
"Mad Money" host Jim Cramer advises investors to tenaciously hold on to Apple stock for the long term, regardless of any short-term issues.
Warren Buffett-owned firm Berkshire Hathaway purchased nearly 4 million more Apple shares in the second quarter of 2022, according to regulatory documents.
Apple again beat Wall Street expectations despite a tough macroeconomic environment and supply chain issues. Here's what analysts thought after the call, and how the earnings compare to pre-pandemic Apple.
Rumors had suggested Apple would slow hiring and cut spending for select teams, but CEO Tim Cook wouldn't describe it as a slow down.
Apple has reported that it made a record-breaking $83 billion in the third quarter of 2022, coming slightly ahead of Wall Street expectations for the economically impacted fiscal period.
Apple will see only limited near-term or medium-term risks because of the current macroeconomic conditions, according to investment bank JP Morgan.
Investment bank Morgan Stanley has cut its Apple price target to $180 from $185 and is expecting June quarter results slightly below Wall Street expectations.
A slowdown in App Store growth in the month of May could pose a risk to Apple's Services revenue in the June quarter, according to investment bank Morgan Stanley.
Warren Buffett said he purchased $600 million worth of Apple shares during a dip in the March quarter, and would have bought more if the stock price didn't bounce back.
Apple on Thursday reported March quarter results that beat expectations, but noted the June quarter could be a tougher period. Here's what analysts thought about Apple's Q2 and how they see Apple faring in Q3.
Katy Huberty of Morgan Stanley has lowered her Apple price target to $195 from $210 because of tough economic conditions in the June quarter, but says Apple still remains a top pick for 2022.
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