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Apple shares hit all-time closing high of $422 thanks to successful iPhone 4S launch
The iPhone 4S is on track to be the most successful iPhone to date. Yesterday, AT&T said that the iPhone 4S saw more launch-day activations than any other iPhone in history. Sprint meanwhile said that the iPhone, in just 12 hours, had already become its most successful product launch in company history. Taken together, Wall […]
Continue reading...Apple’s share price relative to a new iPhone launch
11. October 2011
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With the iPhone 4S set for release on October 14, we looked back at previous iPhone launches and compiled a chart tracking Apple’s stock performance in the weeks and months after launch day. As the chart below indicates, Apple’s stock price four months after launch day tends to yield the best return on investment. The […]
Continue reading...Barclays analyst Ben Reitzes ups stock target for Apple shares to $555
27. September 2011
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On September 6th, Apple shares were trading $369.90. But over the past few weeks, Apple shares have enjoyed a meteoric rise to +$400 levels, reaching as high of $422.70 last Tuesday. Notably, many analysts believe that Apple’s stock price is poised to rise even further.
Continue reading...Apple set to release Q4 2011 earnings report on Tuesday, October 14
26. September 2011
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Apple earlier today updated its investor relations page, announcing that it’s Q4 2011 earnings will be released on Tuesday, October 18th with an earnings conference call scheduled for 5 PM Eastern Standard Time. As is typically the case, Apple CEO Tim Cook and CFO Peter Oppenheimer will likely be present to answer analyst questions about […]
Continue reading...Goldman Sachs raises 12-month Apple stock target to $520
23. September 2011
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Apple shares have risen with breakneck speed over the past few weeks, reaching an all-time high of $422 this past Thursday. Still, it may not be time to sell your Apple stock just yet as shares may continue to climb upward into the lower $500 level. In a recent research note to investors, Goldman Sachs […]
Continue reading...Apple is too big for the Dow Jones Industrial Average
21. September 2011
Apple shares have been on an absolute tear this week. On Monday, Apple shares climbed nearly 3% to close at $411.63, an all-time high for the company at the time. On Tuesday, investors kept the rally going as Apple shares surged ahead $1.82 to close at $413.45, besting the previous day’s all-time high. Also impressive […]
Continue reading...Apple shares break $410 for first time in company history
20. September 2011
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Shares of Apple yesterday climbed $11.13, closing out the day at $411.63 which marks the highest closing price for Apple shares in company history. In intraday day trading, the stock reached an all time high of $413.23. There were no conspicuous factors behind the sudden climb, but we have to imagine that the impending announcement […]
Continue reading...Why stock splits, stock buybacks and dividends don’t make sense for Apple
19. September 2011
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With Billions of dollars in the bank, Morgan Stanley analyst Katy Huberty recently issued a research note claiming that Apple will either issue a dividend or initiate a stock buy back. Huberty confidently writes, “We believe Apple is more likely than ever to return cash to shareholders.” This of course flies in the face of […]
Continue reading...Apple’s stock price under the reign of Steve Jobs
8. September 2011
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A picture is worth a million words, or perhaps in this case, a million bucks – many times over. With Steve Jobs at the helm of Apple since 1997 (though he wasn’t officially the CEO until a few years later), Apple reemerged as one of the most innovative and emulated technology companies in the world. Its […]
Continue reading...Apple’s market capitalization under the reign of Steve Jobs
6. September 2011
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Say what you will about Apple rolling along and not missing a beat with Tim Cook in the CEO position at Apple, but let’s not forget the meteoric rise Apple shares investors enjoyed with Jobs at the helm. Here, in the chart below, we see that Apple’s market cap (which equals outstanding shares x stock […]
Continue reading...US Apple Stores earn more per square foot than any other retailer
24. August 2011
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Apple’s fleet of retail stores comprise an integral component to Apple’s marketing efforts, and more importantly, to its bottom line. During the June 2011 quarter, sales at Apple retail stores increased 36% from the same quarter a year-ago. When the dust cleared, retail sales came in at $3.5 billion. Meanwhile, foot traffic at Apple’s retail […]
Continue reading...Apple earned $1 Billion more in revenue in China last quarter than Lenovo
24. August 2011
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One year ago, Lenovo CEO Liu Chuanzhi expressed relief that Apple wasn’t taking China seriously. “We are lucky that Steve Jobs has such a bad temper and doesn’t care about China,” Chuanzhi explained. “If Apple were to spend the same effort on the Chinese consumer as we do, we would be in trouble.” I don’t […]
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15. October 2011
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