Apple at the end of the trading day on Friday was trading at about $390 a share, representing a drastic fall in market cap value over the past few weeks. Addressing Apple’s stock price, which appears to be in free fall, Apple co-founder Steve Wozniak said that folks are worrying over nothing. [Apple’s]stock price is […]
Continue reading...Tuesday, March 12, 2013
Comments Off on Citing iPhone woes, Peter Misek lowers his price target on Apple shares to $420
Apple just can’t catch a break from analysts these days. Earlier today, Jefferies analyst Peter Misek – you know, the same guy who erroneously predicted an Apple event featuring an Apple TV announcement – came out with a new research note wherein he downgraded Apple with a new price target of $420. That of course […]
Continue reading...Thursday, January 24, 2013
Comments Off on Analysts regroup following Apple’s Q1 2013 earnings
In the wake of Apple’s earnings – which were actually pretty impressive if you’re not blinded by the sinking stock price – a number of analysts have issued their thoughts on Apple’s recent quarter and what to expect going forward. Peter Misek, an analyst with Jefferies, said that while the company’s gross margin and EPS […]
Continue reading...Wednesday, January 23, 2013
Comments Off on UBS analyst Steve Milunovich lowers target for Apple stock to $650
One day ahead of Apple’s holiday earnings report, UBS analyst Steve Milunovich lowered his stock target for Apple shares from $700 down to $650. The reason behind Milunovich’s lowered projection is a new survey from Consumer Intelligence Research Partners which found that consumers, by and large, are increasingly flocking towards cheaper iPhone models which yield […]
Continue reading...Monday, January 21, 2013
Comments Off on Was Apple’s $500 close on Friday the result of market manipulation?
On Friday, Apple shares closed at exactly $500 a share, and in the wake of reports regarding a bevy of call option activity some believe that forces of market manipulation may have been rearing their ugly heads. Specifically, it’s been reported that there are approximately 60,000 call options betting that shares of Apple would be […]
Continue reading...Thursday, January 17, 2013
Comments Off on Henry Blodget shouldn’t be so quick to dismiss theory of Apple stock manipulation
Earlier this week, a somewhat suspect story leaked claiming that Apple was reducing its iPhone 5 display orders by a factor of 50%. Since then, some folks are shouting that Apple’s best days are behind it while others are suspecting that there may be a bit of stock manipulation at work ahead of Apple’s earnings […]
Continue reading...Tuesday, January 15, 2013
Comments Off on The motivation to keep Apple shares down until January 19
With all of the controversy and speculation surrounding Apple’s cutback in iPhone 5 display orders, some skeptics are alleging that this is simply nothing more than a classic “lets manipulate Apple’s share price before earnings” type of game. To that end, John Gruber directs us to this interesting piece from Joe Springer back in November. […]
Continue reading...Thursday, December 20, 2012
Comments Off on Bernstein Research analyst Toni Sacconaghi lowers target for Apple shares
Forbes reports on a research note from analyst Toni Sacconaghi from Bernstein Research. While keeping an outperform rating on Apple stock, Sacconaghi scaled back his price target for Apple shares from $800 down to $750 while also lowering his 2013 EPS estimate from $50.57 a share to $49.41. Here are some of his key conclusions […]
Continue reading...Wednesday, October 10, 2012
Comments Off on Anticipating Apple’s share price by following its capital expenditures
What you’re looking at below is a chart overlaying Apple’s yearly share price over its revenue (broken down by product line) and its quarterly expenditures. The chart, expertly put together by Horace Dediu of Asymco, shows that Apple’s share price has effectively gone up in conjunction with Apple’s revenue. Not a huge shocker there. But […]
Continue reading...Monday, September 24, 2012
Comments Off on Apple shares slip downwards in spite of strong iPhone 5 sales weekend
Only Apple. Only Apple can sell 5 million units of a new product in just 3 days and have its share price go down by 10 points. In the wake of Apple’s iPhone 5 weekend sales figures, shares of Apple are down nearly 10 points to $690.56. Never mind the fact that Apple’s iPhone 5 […]
Continue reading...Monday, August 27, 2012
Comments Off on Following victory over Samsung, shares of Apple skyrocket to new highs
Though it’s gone down a tad since, shares of Apple opened up at $680 earlier today in the wake of Apple’s victory over Samsung over an assortment of utility and design patents. The jury awarded Apple about $1.05 billion in damages, and while that’s hardly going to break Samsung’s bank or do much to really […]
Continue reading...Monday, August 20, 2012
Comments Off on I’m sorry Microsoft, but Apple has the highest market cap of all time
Apple’s markt cap now makes it the most valuable company of all time. The stock today has been on a rampage, climbing upwards of 2.21% for a market cap of $620 billion. The intraday high for the shares checked in at $664.75 a share. Network World reports: The previous market cap record was set by […]
Continue reading...
Friday, April 19, 2013
Comments Off on Woz talks Apple’s plummeting share price