Apple Inc. (NASDAQ:AAPL) stock surpasses its 200 day moving average This was the first time Apple shares surpassed the 200-day moving average since Nov. 16 on an intraday trading basis. Apple’s stock is up more than 23 percent this quarter, on pace for its best quarter of trading since the first quarter of 2017. Additionally, […]
Apple Inc. (NASDAQ:AAPL) stock is finally a short after its monster rally in 2019 Apple (NASDAQ:AAPL) stock finally showed some weakness Tuesday after its double-digit move higher off of its January low. Beginning the year with a thud, AAPL stock has now tacked on more than 40 points! While, certainly, Apple’s rally was warranted, considering its […]
Forget streaming full games, Apple Inc. (NASDAQ:AAPL) wants to curate highlights as they’re happening If Apple Inc. gets its way, you might never miss a sports highlight again. According to a report published Tuesday by Sports Illustrated, the tech giant has a team of a dozen workers constantly watching a variety of sports — in […]
Apple Inc. (NASDAQ:AAPL) decline fueled by slowing iPhone sales Apple suffered one of the hardest hits among the FAANG grouping, dropping 38% from its peak last October to a low of $141 just after the new year. The decline was fueled by slowing iPhone sales, the ongoing contraction in Chinese consumer demand, and concerns over […]
Apple Inc. (NASDAQ:AAPL) firm says the iPhone business remains a strong driver for the stock Add Cowen to a list of Apple bulls as analysts there see the steady iPhone business driving the stock another 20 percent higher. Cowen initiated coverage on Apple with an outperform rating and $220 12-month price target. The firm said the iPhone […]
Investors are falling for Apple Inc. (NASDAQ:AAPL) again Shares of the tech giant were slightly higher in Tuesday’s premarket, a day after soaring more than 3 percent on Bank of America’s upgrade of the stock to buy. Analyst Wamsi Mohan said the recent “pullback presents opportunity” to buy the stock, citing factors like “modest re-acceleration […]
Apple Inc. (NASDAQ:AAPL) might be a good time for investors to consider buying Shares of Apple AAPL jumped over 3% Monday after Bank of America BAC upgraded the iPhone giant’s stock. The climb helps continue Apple’s 2019 positivity, which means now might be a good time for investors to consider buying Apple stock on the […]
Promises of innovation won’t necessarily convince consumers or boost Apple Inc. (NASDAQ:AAPL) stock Apple (NASDAQ:AAPL) CEO Tim Cook certainly used all the right buzz words and enthusiasm-stoking terms at the company’s annual meeting in early March, hoping to convince the owners of Apple stock that the future would be brighter than the recent past has felt. […]
Apple Inc. (NASDAQ:AAPL) Target $185 Apple had a roller coaster year in 2018. In late summer, the company broke above $1 trillion in total market cap, making it the first publicly traded company to reach that milestone. The stock climbed above $225 per share in September, and reached an all-time high of $230 in October, […]
Apple Inc. (NASDAQ:AAPL) could ride a wave of optimism heading into that summit After months of negotiation, the U.S. is reportedly close to entering a trade agreement with China, a deal that could be sealed at a summit between President Donald Trump and Chinese President Xi Jinping at the end of the month. Tech stocks […]
Declining Sales and Revenues have woken Apple Inc. (NASDAQ:AAPL) Lagging sales in China, as well as the impact of the tariffs that were caused by U.S.-China trade tensions, have come to haunt the company in more ways than one, as explained in a letter by CEO Tim Cook. Without a doubt, the company could see even fewer […]
Speculators can potentially buy Apple Inc. (NASDAQ:AAPL) to profit from a trade-war resolution, but Apple stock still faces longer-term risks For over a decade, Apple’s iPhone dominated the smartphone space, naturally causing AAPL stock price to spike. At the time, no one cared that the iPhone represented the lion’s share of the company’s global revenue. […]
Apple Inc. (NASDAQ:AAPL) Stock Price and the Credit Card Business Apple had a terrible fiscal first quarter due to weak China demand. That was largely due to the sky-high prices on the latest iPhones, though CEO Tim Cook also signaled trade tensions. Apple stock crashed Jan. 3 after the company’s Q1 warning. Shares have recovered […]
Apple Inc. (NASDAQ:AAPL) iPhone Production Shifts To Older Models Apple has increased production of the year-old iPhone 8 and two-year-old iPhone 7 in the current quarter by a combined 5 million units. Meanwhile, it is lowering its production of current-generation models by the same amount, Arcuri said. Apple’s 12th-generation iPhones are its most expensive smartphones […]
Apple Inc. (NASDAQ:AAPL) supplier sees stock plunge after profit warning Apple supplier AAC Technologies saw its shares drop 13 per cent after the acoustic component maker said it expected first quarter net profit to fall as much as 75 percent due to reduced orders. AAC Technologies was one of many Apple-dependent suppliers who has been […]
Apple Inc. (NASDAQ:AAPL) stock will be a long-term winner even if iPhone sales don’t increase Late 2018 was a rough time for Apple (NASDAQ:AAPL) and for Apple stock. AAPL struggled to sell iPhones, and, as a result, failed to live up to the expectations of investors and analysts. Many downgrades of Apple stock followed, as analysts’ estimates […]
Cash, valuation, and innovation position Apple Inc. (NASDAQ:AAPL) stock to resume its climb After last year’s slump, Apple (NASDAQ:AAPL) appears ready to move on from the iPhone. The product launched the lucrative smartphone market and took the market cap of AAPL stock briefly above $1 trillion. Now, falling prices have forced the company to grow without the […]
Apple Inc. (NASDAQ:AAPL) needs to make a big push into content Apple needs to make a big push into content – and in doing so, it should make a significant acquisition, noted analyst Dan Ives told CNBC on Thursday. “Right now it’s all about services and the installed base,” he said, referring to the number of […]
Weak Apple Inc. (NASDAQ:AAPL) iPhone demand appears to be the primary driver of the company’s difficulties Weak iPhone demand appears to be the primary driver of the company’s difficulties. Revenue from the product declined 15% year-over-year in Q1, per the company’s 10-Q filing. The reduction of the company’s guidance ahead of its December quarter results sent AAPL […]
Apple Inc. (NASDAQ:AAPL) Is An iPhone Business I have written on this specific issue in the past. No matter how you spin it, Apple’s (NASDAQ:AAPL) business is built off the iPhone. 59% of their total revenue came from the iPhone. Sales of the iPhone dictate the trajectory of the business. We can talk all day […]
Apple Inc. (NASDAQ:AAPL) is Still the Biggest Holding in Buffett’s Portfolio Berkshire spent the last half of the year snapping up more shares of banks and insurers, moves that made the company a major shareholder in four of the five largest U.S. banks. The Omaha, Nebraska-based conglomerate boosted its stake in JPMorgan Chase & Co. and Bank […]
Apple Inc. (NASDAQ:AAPL) stock is pacing for a sixth straight weekly win The shares of Apple Inc. (NASDAQ:AAPL) are modestly higher in early trading, even after a Securities and Exchange Commission (SEC) filing revealed Warren Buffett’s Berkshire Hathaway (BRK.A) trimmed its stake in the tech giant by 1.1% to 249.6 million shares in the fourth quarter, though […]
Warren Buffett’s Berkshire Hathaway Inc shrank its Apple Inc. (NASDAQ:AAPL) stake to 249.6 million shares from 252.5 million shares in the fourth quarter Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley majors such as Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according […]
Apple Inc. (NASDAQ:AAPL) has been ramping up its research and development spending in order to gain a competitive advantage against its rivals In its quarter that ended in December, Apple’s spending on R&D surged 14.5% year-over-year to $3.902 billion. R&D as a percent of revenue reached 5.63%, up from 2.1% in 2012. The continuous growth […]
Apple Inc. (NASDAQ:AAPL) Weak Demand in China for iPhones Apple Inc. was little changed on Monday as investors looked past a report its smartphone shipments plummeted in China in the final quarter of 2018, suggesting that issue, a major headwind over the past several months, is priced into the stock for now. The stock briefly dipped as […]
Apple Inc. (NASDAQ:AAPL) iPhone business is experiencing some turbulence Apple‘s (NASDAQ:AAPL) iPhone business is experiencing some turbulence from a number of factors, including lengthening smartphone upgrade cycles, trade tensions between the U.S. and China, and the company’s temporary low-cost iPhone battery-replacement program. Now, according to a new report from Bloomberg, Apple has apparently “asked retail employees to promote new […]
Apple Inc. (NASDAQ:AAPL) is again the most valuable U.S. public company Two months after losing its title as the most valuable U.S. public company, and a month after revealing that iPhone sales were disappointing in the holiday season, Apple Inc. AAPL, +0.03% has regained its throne for highest market capitalization. Apple shares added 6 cents Wednesday after announcing the departure of […]
Apple Inc. (NASDAQ:AAPL) pursuing alternative sources of growth Thanks to concerns about weakening iPhone sales, the Apple stock price shed as much as 39% of its value between early October and the first days of January. And while shares of Apple Inc. (NASDAQ: AAPL) have recovered a bit since (up 20% from about $142 to about $171), the concerns […]
Apple Inc. (NASDAQ:AAPL) boosted the Dow Apple (AAPL), Microsoft (MSFT) and Boeing (BA) boosted the Dow. Apple, up 3%, marked its fourth straight advance since regaining its 50-day moving average on Wednesday. The stock is starting to build the right side of a steep base after a 39% correction. Shares are still 26% below their Oct. 3 high. JPMorgan said in a […]
Apple Inc. (NASDAQ:AAPL) could soar this year if it introduces media bundling Apple has made quite a comeback since it reported better-than-feared earnings, but many investors have little faith that the iPhone-maker can return to a $1 trillion market value with slowing smartphone demand. Morgan Stanley, however, disagrees. In fact, the bank said life beyond iPhone could […]
Apple Inc. (NASDAQ:AAPL) remained aggressive in buying back its stock Apple Inc. remained aggressive in buying back its stock when momentum was strong, and prices held above the $200 mark, but when the going got tough for investors, Apple was nowhere to be found. In a filing with the Securities and Exchange Commission, the technology […]
Apple Inc. (NASDAQ:AAPL) Premarket Rally Apple earnings rose 7% to $4.18 a share, up 7% vs. a year earlier and 1 cent above fiscal Q1 views. Revenue fell to $84.3 billion, narrowly topping lowered estimates. Services revenue climbed 19% to $10.9 billion. Apple sees fiscal Q2 revenue at $55 billion to $59 billion, with the $57 […]
Apple Inc. (NASDAQ:AAPL) A Boring Story This Time Apple Inc .’s AAPL fiscal first-quarter earnings report isn’t exciting investors. The iPhone maker will report after market close on Jan 29, and has already cautioned that its revenues will fall short of estimates. CEO Tim Cook has cited weaker-than-expected iPhone sales and economic deceleration in China as the primary […]
Apple Inc. (NASDAQ:AAPL) set to report results for the holiday season after-the-bell on Tuesday Apple (AAPL) is set to report results for the holiday season after-the-bell on Tuesday, and the bar couldn’t be much lower. The Cupertino, California-based said in a statement January 2 that it expects revenue of $84 billion for the fiscal first quarter of […]
Apple Inc. (NASDAQ:AAPL) makes cuts at autonomous vehicle unit U.S. stock futures were higher this morning after stocks managed to rally before the close Wednesday. That gave the Dow, S&P 500, and Nasdaq their fifth gains in six sessions, and made up for at least part of Tuesday’s losses. Apple (AAPL) cut more than 200 employees from its autonomous […]
Apple Inc. (NASDAQ:AAPL) iPhone sales weakness has continued since the December quarter A Wall Street analyst on Wednesday trimmed his price target on Apple stock amid reports that iPhone sales weakness has continued since the December quarter. D.A. Davidson analyst Tom Forte reiterated his buy rating on Apple (AAPL) but lowered his 12-to-18-month price target to 245 […]
Apple Inc. (NASDAQ:AAPL) goal to turn the iPhone into a digital wallet is gaining steam Apple‘s (AAPL) goal to turn the iPhone into a digital wallet is gaining steam as the company announced Tuesday that Apple Pay is now supported by 65% of all retail locations across the U.S. Customers can use Apple Pay now […]
Apple Inc. (NASDAQ:AAPL) Tim Cook says regulatory action is needed to restore ‘full faith’ in tech Apple Inc. Chief Executive Tim Cook has extended his crusade against companies that misuse user data, calling in a Thursday op-ed written for Time for “comprehensive federal privacy legislation”: ‘Consumers shouldn’t have to tolerate another year of companies irresponsibly amassing huge […]
Apple Inc. (NASDAQ:AAPL) Verizon announced that Beyond Unlimited and Above Unlimited subscribers will get free Apple Music subscriptions Apple (NASDAQ:AAPL) continues to trail Spotify (NYSE:SPOT) as the streaming music services race to add paid subscribers. However, AAPL just got a big boost, at least in the American market. Verizon (NYSE:VZ) announced that an Apple Music subscription will be included for […]
Apple Inc. (NASDAQ:AAPL) need for aggressive iPhone price cuts Shares of Apple Inc. AAPL, -1.50% dropped 1.9% in morning trade Monday, enough to pace the Dow Jones Industrial Average’s DJIA, -0.36% decliners. Wedbush Morgan analyst Dan Ives reiterated his outperform rating and $200 stock price target, which is about 34% above current levels, but said Apple has to “aggressively” cut prices […]
Apple Inc. (NASDAQ:AAPL) wearable devices can give consumers “a bigger role” in their health and preventative care Apple CEO Tim Cook’s vision for health-care services has gotten a stamp of approval from a past chief of the tech giant. John Sculley, who helmed the company from 1983 to 1993, told CNBC on Thursday that Cook […]
Apple Inc. (NASDAQ:AAPL) China sales are dragging on revenue due to the trade war For the first time in 16 years, Apple (AAPL) pre-released guidance on earnings – and it’s not good. In a letter to shareholders, CEO Tim Cook issued lower earnings guidance for the quarter. Revenue was anticipated to be ~$92 billion for the […]
Apple Inc. (NASDAQ:AAPL) analysts are throwing in the towel Apple has become more unloved by Wall Street analysts than at any time in the past 14 years. Wall Street analysts have the lowest percentage of buy ratings on Apple stock since 2005 — at 49 percent, according to FactSet. Another 51 percent are holds. As Apple […]
Apple Inc. (NASDAQ:AAPL) investors fear that Apple’s high-growth days are long behind it Apple (NASDAQ:AAPL) has seen a lot of controversy lately, falling from its former leadership position atop the list of stocks with the highest market capitalizations. With concerns that iPhone sales are starting to struggle, many investors fear that Apple’s high-growth days are long behind […]
Apple Inc. (NASDAQ:AAPL) 2019 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 142.20. The projected upper bound is: 203.84. The projected lower bound is: 111.37. The projected closing price is: 147.61. Candlesticks A big black candle […]
Apple Inc. (NASDAQ:AAPL) best single-day performance in five years Apple (AAPL) had its best single-day performance at the stock market today, seeing a 7.04% rise, the highest in one day since April 2014. The Dow Jones rose over 1,000 points, as the entire market — particularly FAANG stocks — rebounded after a tumultuous few bearish days. Tesla […]
Apple Inc. (NASDAQ:AAPL) became the fifth and final “FAANG” stock to produce a death cross Apple Inc.’s stock AAPL, -2.52% slumped 1.5% in midday trade Thursday, with the chart on track to produce the first bearish “death cross” in over three years. The 50-day moving average fell to $194.04, to cross below the 200-day moving average, which slipped […]
Apple Inc. (NASDAQ:AAPL) weakness in the iPhone supply chain Jefferies became the latest Wall Street firm to lower expectations for Apple’s stock on weakness in the iPhone supply chain. “It could get worse before it gets better,” Jefferies analyst Timothy O’Shea said in a note Wednesday. “It appears that [Wall Street] estimates may still be […]
Apple Inc. (NASDAQ:AAPL) should investors take Apple’s downturn as a chance to buy? Shares of Apple AAPL have tumbled 24% in the last three months as part of the larger market pullback. But investors do have legitimate concerns about Apple going forward as iPhone unit sales slow. Still, the question is should investors take Apple’s […]
Apple Inc. (NASDAQ:AAPL) what’s in store for 2019 With 2018 looking like a lost year for Apple (AAPL) stock, investors are wondering what’s in store for 2019. At least one analyst thinks Apple stock won’t return to favor until late in the year. Loup Ventures managing partner Gene Munster thinks Apple stock will be in […]
Apple Inc. (NASDAQ:AAPL) Facing the reality of market saturation Apple shares fell Tuesday after HSBC downgraded the stock, citing too much dependence on a single product and slowing emerging markets economies. HSBC downgraded Apple to hold from buy and cut its 12-month price target to $200 from $205. Apple shares fell 1.7 percent to $181.66 […]
Apple Inc. (NASDAQ:AAPL) should rise modestly in coming years f you’re a shorter-term trader, it’s not that important to think about long-term valuation and earnings growth. In that case, quarterly earnings and technical analysis tend to be more relevant. But Apple stock is, at least among tech companies, viewed as a long-term sleep well at […]
Apple Inc. (NASDAQ:AAPL) weakness won’t unwind until investors get more clarity on what the future holds for the iPhone maker The stock of Apple is “front and center” in this bear market, and the weakness won’t unwind until investors get more clarity on what the future holds for the iPhone maker, CNBC’s Jim Cramer said […]
Apple Inc. (NASDAQ:AAPL) facing multiple negative catalysts Apple (NASDAQ:AAPL) stock bulls are overlooking multiple, large negative catalysts that the company is facing in the short-to-medium term. Given these strong headwinds, many of which are interrelated and feed on each other, the Apple stock price will probably be significantly lower in six months from where it […]
Apple Inc. (NASDAQ:AAPL) estimates remain at the lower end of Apple’s guidance range Weaker demand for Apple products as well as a lackluster reception for the iPhone XR outside the United States will prevent shares from advancing over the next year, according to Goldman Sachs. “In addition to weakness in demand for Apple’s products in […]
Apple Inc. (NASDAQ:AAPL) Keeps Falling Apple fell 4.8% to 176.98, now down 20% since its Nov. 1 earnings report and the cautious holiday guidance. The relative strength line, which tracks a stock’s performance vs. the S&P 500 index, has erased its late summer gains and is back below its August 2012 peak. That means you […]
Apple Inc. (NASDAQ:AAPL) sluggish demand for higher-end smartphones Stocks fell sharply Monday, dragged down by reports of trouble at Apple and Facebook. The Dow closed down 396 points and the Nasdaq tumbled 3%. Alphabet was also down 4%. It is now down 20% from its peak in July, placing it in bear market territory. Early […]
Apple Inc. (NASDAQ:AAPL) Target $253.00 Apple (NASDAQ:AAPL) had its price objective lifted by Morgan Stanley from $226.00 to $253.00 in a research note released on Thursday, November 8th, Marketbeat reports. The firm currently has an overweight rating on the iPhone maker’s stock. A number of other research analysts also recently issued reports on the stock. BTIG Research upgraded […]
Apple Inc. (NASDAQ:AAPL) set to snap 5-day losing streak as market cap climbs back above $900 billion Shares of Apple Inc. rebounded Thursday, as they attempted to snap a five-day skid lower, after Morgan Stanley analyst Katy Huberty said she believes the recent weakness has been an overreaction to sales warnings from smartphone suppliers, which […]
Apple Inc. (NASDAQ:AAPL) on the brink of a 5th straight loss as market capitalization breaks below $900 billion Shares of Apple Inc. tumbled toward a four-month low on Wednesday, after Guggenheim Securities analyst Robert Cihra cut his rating and earnings estimate, saying rising selling prices is “no longer enough” to offset weakening iPhone units. The […]
Apple Inc. (NASDAQ:AAPL) stock swings lower Shares of Apple Inc. swung back to losses Tuesday, after a downbeat report from Goldman Sachs and another revenue warning from a supplier of smartphone components fueled concerns over deteriorating iPhone demand. The technology giant’s stock AAPL, -1.00% fell as much as 1.4% to a 3 1/2-month low earlier […]
Apple Inc. (NASDAQ:AAPL) technology sector faced another round of sharp selling The stock market started off the week where it left off Friday, with sellers dictating the action. In stock news today, the technology sector faced another round of sharp selling, with shares of Apple (AAPL) down 4%. It was a big decliner in the […]
Apple Inc. (NASDAQ:AAPL) Targt $226 Apple’s (AAPL) services business is “taking the growth baton from iPhone,” Morgan Stanley said Thursday. The investment bank raised its price target on Apple stock after studying the growth potential for the company’s broad services business. Morgan Stanley analyst Katy Huberty reiterated her overweight rating on Apple stock and upped […]
Apple Inc. (NASDAQ:AAPL) growth story appears to be ending Apple (AAPL) has been an incredible growth story over the past decade. In fact, the stock has been one of the top performing equities in general, appreciating by over 1,700% since 2008. In that time, Apple’s primary sales and earnings driver has been the iPhone. Incredibly […]
Apple Inc. (NASDAQ:AAPL) predicts record holiday sales Apple Inc. revealed a blockbuster September quarter Thursday and predicted record revenue for the holiday season. That wasn’t good enough for investors, though. The smartphone manufacturer on Thursday reported that it had grown revenue by 20% in its fiscal fourth quarter, thanks in part to strong momentum for […]
Apple Inc. (NASDAQ:AAPL) earnings report could be critical Dow Jones futures rose modestly early Thursday morning, along with S&P 500 futures and Nasdaq futures, after the stock market rally extended to two sessions. Apple (AAPL) earnings are on tap late Thursday, with the stock market correction near a possible end. As investors look for confirmation that the […]
Apple Inc. (NASDAQ:AAPL) stock still has plenty of catalysts to entice buyers Apple (NASDAQ:AAPL) will report earnings after the bell on Nov. 1. Analysts expect the Cupertino, California-based consumer electronics giant to report improved earnings and revenue. This will also serve as the first earnings report since the latest iPhone release. Still, regardless of the […]
Apple Inc. (NASDAQ:AAPL) Target $265 Apple (AAPL) stock is trending sideways along its 50-day moving average ahead of two potential catalysts this week. The consumer electronics giant is holding a product launch event Tuesday. Apple earnings for its September quarter are due Thursday. Amid a broad market sell-off, Apple shares dropped 1.9% to close at […]
Apple Inc. (NASDAQ:AAPL) expected to report strong results Apple, the world’s most valuable public company, is expected to report strong results thanks to a boost in the “average selling price” metric from pricier phones, not necessarily more iPhones sold. Sales of the $750 iPhone XR won’t be included in these results, and only 10 days […]
Apple Inc. (NASDAQ:AAPL) likely to post a huge jump in iPhone selling price Apple is likely to post a huge jump in average selling price, or ASP, for the iPhone when it reports fourth-quarter earnings next week, according to top analyst Toni Sacconaghi. The Bernstein analyst is forecasting an ASP of $800 — a record […]
Apple Inc. (NASDAQ:AAPL) to release its quarterly report on Nov. 1 In an interview with CNBC’s “Closing Bell” on Monday, Loup Ventures managing partner Gene Munster argued that Cupertino, Calif.-based smartphone maker, Apple is set to bounce on higher average selling prices (ASP) for its devices. “Clarity on that should be a positive,” said Munster, […]
Apple Inc. (NASDAQ:AAPL) long-term driver of big revenues and profits There could be an Amazon.com -style advertising business sitting inside Apple (ticker: AAPL). While that possibility doesn’t seem to be driving the stock price right now, according to new research—that’s still down to iPhone sales and prices, writes Bernstein’s Toni Sacconaghi—it could be a long-term […]
Apple Inc. (NASDAQ:AAPL) cause for serious concern is building If you’ve read my iPhone XR Vs iPhone XS and Vs iPhone XS Max guides, you’ll know that it is actually Apple AAPL +1.47%’s new budget-friendly XR which is by far the most exciting model this year. But now the iPhone XR is finally available to […]
Apple Inc. (NASDAQ:AAPL) finding traction again The buzz surrounding the new Apple (NASDAQ:AAPL) iPhone XR is palpable. The company will begin taking orders for them this week, and begin shipping them next week. Apple stock, which had been weighed down by marketwide selling earlier this month, is finding traction again. At least one analyst believes […]
Apple Inc. (NASDAQ:AAPL) iPhone sales and earnings per share are important Apple (NASDAQ:AAPL) earnings are coming up — and lots of investors will be watching. Scheduled for Nov. 1, the earnings release will give investors a better idea of how sustainable the company’s reinvigorated growth rates are. Both Apple’s revenue and earnings-per-share growth rates have […]
Apple Inc. (NASDAQ:AAPL) The Best Way to Play Apple Stock I hear experts say that one should own Apple stock and not trade it. Ideally, I would rather enter long closer to $196 per share. And we might get that in the next couple of months. But I want to nibble long at this level. […]
Apple Inc. (NASDAQ:AAPL) new iPhone XS has had mixed reviews Apple’s new iPhone XS has had mixed reviews from its early adopters. Image source: Apple. 1. Charging issues A number of people complained in Apple’s support communities about charging issues with their iPhone XS or iPhone XS Max. According to the posts, some customers were […]
Apple Inc. (NASDAQ:AAPL) agreed to bring in house more than 300 engineers Apple Inc. AAPL -0.88% —Down 1.1% premarket: Apple has agreed to bring in house more than 300 engineers from one of its key suppliers, Europe-based Dialog Semiconductor DLG +4.71% PLC—part of a $600 million deal that boosts the smartphone giant’s chip-design operations. Overall, […]
Apple Inc. (NASDAQ:AAPL) Is there more to come? It wasn’t long ago that Amazon and Apple share prices seemed to defy gravity, and were pulling the rest of the stock market up with them. But what goes up tends also to come down, and the biggest technology companies plunged as jittery investors cashed out today […]
Apple Inc. (NASDAQ:AAPL) finding support Apple shares fell as low as 220.20 intraday, but closed down just 0.2% to 223.77. Apple stock has been finding support at its 10-week line off and on for a few weeks, but it has yet to test its 50-day moving average. Apple is the top-performing Dow stock in 2018, […]
Apple Inc. (NASDAQ:AAPL) a Lot More to Run To be honest, I’m still not 100% sold on Apple (NASDAQ:AAPL) despite the huge rally in Apple stock of late. The AAPL stock price has risen 49% over the past year, adding over $360 billion in market value. The catalysts for the rally are twofold. First, the […]
Apple Inc. (NASDAQ:AAPL) Target $255 Apple’s stock broke out of a bullish technical pattern – known as a wedge – at the end of September. The stock has also risen recently above another level of technical resistance at around $230. Given the breakout, the stock is in a strong position to rise about 10% to […]
Apple Inc. (NASDAQ:AAPL) almost hit new highs Just when it looked like the run may be over, shares of Apple (NASDAQ:AAPL) found their groove. Apple stock ended July at $190 and a month later was at $230. The 40 point gain gave AAPL a one-month return of more than 21%, causing many investors, me included, […]
Apple Inc. (NASDAQ:AAPL) iPhone Buyers Seeking Higher-End Models A larger-than-expected percentage of likely Apple (AAPL) iPhone buyers is looking to get higher-end models this product cycle, a Wall Street firm said Monday. The iPhone’s average selling price could reach $780 in fiscal 2019. That’s if the midrange iPhone XR sells better than expected, he said. […]
JP Morgan gives Apple Inc. (NASDAQ:AAPL) a new buy rating Apple shares will keep rising even after its big gains this year, according to J.P. Morgan. The firm initiated coverage of Apple shares with an overweight rating, predicting strong growth for the smartphone maker’s services business. Apple is “transforming from a hardware company to a services […]
Apple Inc. (NASDAQ:AAPL) A new partnership with Salesforce should grow Apple’s iOS enterprise market share Apple (NASDAQ:AAPL) and Salesforce (NASDAQ:CRM) are joining forces in a partnership that makes Apple stock even more attractive as a long-term holding. On Sept. 24, the two technology giants announced that Salesforce would be working with Apple to redesign its […]
Apple Inc. (NASDAQ:AAPL) Though Apple stock isn’t cheap, it is attractively valued compared with other tech bellwethers The threat of a trade war really only makes Apple (NASDAQ:AAPL) more appealing and dips from current worries only improve the reasons for buying Apple stock. Anytime you see a headline like “Apple is especially vulnerable to trade tensions” in the Wall […]
Apple Inc. (NASDAQ:AAPL) iPhone preorders appear stable or down from last year A few days after the iPhone XS and iPhone XS Max became available for preorder, financial analysts reported Monday that sales looked stable to slightly weaker against the iPhone X preorder numbers from a year ago. In general, he expects that Apple Inc. […]
Apple Inc. (NASDAQ:AAPL) Target $240 This week saw Apple (AAPL – $223.84 Trade ) climb the leaderboards to become the most-popular stock among millennial traders. Facebook (FB – $162.32 Trade ) was knocked off of its top spot for the first time in eight weeks. The increase in popularity of Apple stock comes straight after […]
Apple Inc. (NASDAQ:AAPL) Apple leads Wall St higher Apple’s gains make it top boost on three major indexes open to fresh trade talks with the United States Kroger biggest S&P decliner on same-store sales miss Indexes up: Dow 0.54 pct, S&P 0.53 pct, Nasdaq 0.92 pct A rise in Apple led a rebound intechnology shares […]
Apple Inc. (NASDAQ:AAPL) dropped over 1 per cent after it launched bigger phones but stuck to smaller changes Share prices of Apple, the first $1 trillion publicly listed US company, dropped over 1 per cent to $221.20 today after it launched new bigger phones, but stuck to smaller changes. Apple unveiled the XS, with a […]
Apple Inc. (NASDAQ:AAPL) iPhone models expected to be unveiled during product launch Apple Inc. rose the most in five weeks on heavier-than-average volume as investors piled in on the eve of the company’s annual iPhone introduction. The shares rallied 2.5 percent Tuesday, increasing the gain since the start of the year to 32 percent. More […]
Apple Inc. (NASDAQ:AAPL) dropped 2.2% in morning trade Thursday Shares of Apple Inc. AAPL, -1.66% dropped 2.2% in morning trade Thursday to pace the Dow Jones Industrial Average’s DJIA, +0.08% decliners, as they extended their pullback from a record high amid broad weakness in the technology sector. The stock’s price decline shaved about 33 points […]
Apple Inc. (NASDAQ:AAPL) Advanced 19.6% in August Shares of Apple (NASDAQ: AAPL) surged in August after the company delivered a strong third-quarter earnings report at the end of July. The iPhone maker reported revenue growth of 17% year over year, which is the strongest growth rate in 11 quarters. On top of that, earnings per […]
Apple Inc. (NASDAQ:AAPL) stock gains after Canaccord boosts target to $250 Shares of Apple Inc. AAPL, +0.32% are up 0.2% in premarket trading Tuesday after Canaccord Genuity analyst Michael Walkley upped his price target to $250 from $220. He wrote that his survey work indicates “resilient iPhone sales” even though the most recent iPhone models […]
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook Collects Over $650 Million since he became CEO Apple CEO Tim Cook has taken advantage of the company’s soaring share price and cashed in $US121 million worth of stock awards. Just weeks after Apple became the first US company to break the $US1 trillion valuation milestone, Cook was awarded […]
Apple Inc. (NASDAQ:AAPL) Cook will be awarded all 560,000 shares, worth about $125 million After another period of strong growth and performance for Apple, Tim Cook looks set to receive awards of up to 560,000 AAPL shares this Friday. The stock compensation awards are split evenly between AAPL’s performance compared to other companies in the […]
Apple Inc. (NASDAQ:AAPL) soaring nearly 5% last week The Nasdaq composite retreated last week, even with Apple (AAPL) soaring nearly 5%, with chip stocks breaking support and FANG stocks Facebook (FB), Google parent Alphabet (GOOGL) and Netflix (NFLX) skidding lower. Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to […]
Apple Inc. (NASDAQ:AAPL) Target $400 Over the Next Few Years Apple (NASDAQ: AAPL ) took five and a half years to go from a $500 billion to a $1 trillion company. Now, investors will expect AAPL stock to double in less time, ratcheting up the expectations in the months and years ahead. Accelerating Growth: Stocks […]
Apple Inc. (NASDAQ:AAPL) concerns about the company’s legal fight with Qualcomm A Wall Street research firm on Monday lowered its rating on Apple stock to negative from neutral on concerns about the company’s legal fight with Qualcomm (QCOM) and potential antitrust issues with its services business. Apple and Qualcomm are engaged in what will likely […]