Tag Archive | "Apple Stock"
Apple expected to report stellar earnings next week
Apple’s next earnings conference call is scheduled to take place on Tuesday July 21, 2009 and initial rumblings suggest that Apple is going to announce a blowout quarter. In a televised segment for CNBC last Friday, Jim Cramer predicted that Apple will report numbers that will “blow your socks off.” Take that one for what […]
Continue reading...Why Apple shareholders shouldn’t give a !@#% about Steve Jobs and disclosure
Monday, June 29, 2009
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While every weenie is up on their soapbox talking about how Apple misled investors, despite the fact that Jobs was on a voluntary 6-month medical leave of absence, people haven’t taken the time to notice that Apple’s share price is the highest its been in over 21 months. When it comes to Apple, people will […]
Continue reading...Pundits accuse Apple of using Jobs’ liver transplant story to manipulate AAPL stock price
Sunday, June 21, 2009
Fresh off reports that Steve Jobs received a liver transplant a few months ago, Joe Wilcox wrote a piece trying to articulate why “Steve Jobs’ return is still vaporware.” In other words, Wilcox believes that the source for the Wall Street Journal’s scoop came from inside Apple (fair enough) as a means to manipulate Apple’s […]
Continue reading...Analysts raise Apple estimates in wake of WWDC
Wednesday, June 10, 2009
Financial analysts responded with enthusiasm to Apple’s announcements at the WWDC keynote on Monday. Kaufman Brothers analyst Shaw Wu upped his 12 month price target for Apple Stock to $176, up from $160 Ben Reitzes of Barclay’s upped his price target of Apple Stock to $173, up from a previous target of $155 Staying strong […]
Continue reading...If you would have bought Apple Stock instead…
Tuesday, May 26, 2009
If you’re reading this blog, the odds are fairly high that you’ve bought a number of Apple products over the years. A desktop here, a laptop there, maybe a few iPods.. well you get the idea. But what if instead of making a particular Apple purchase, you used that money to buy shares of Apple? […]
Continue reading...Morgan Stanley upgrades Apple Stock with $180 price target
Tuesday, May 26, 2009
Flip-flopping Morgan Stanley analyst Kathryn Huberty recently raised her price target for Apple Stock to $180, up from a previous target of $100. Huberty noted that the “iPhone is leading earnings growth that the market is missing”, while also “emerging as the clear leader in the battle over the mobile internet.” The core of our […]
Continue reading...Pair of analysts upgrade price targets on Apple Stock
Monday, May 11, 2009
As Apple’s stock price continues its slow and steady ascension to the $130 range, it received a small bump today in the form of 2 analyst upgrades. Following a trip to Cupertino and a visit with Apple CFO Peter Oppenheimer, Kaufman Brothers analyst Shaw Wu increased his target price on Apple to $160, up from a previous […]
Continue reading...The abusrdity of Wall Street
Friday, April 24, 2009
Apple, which just announced stellar earnings and astronomical iPhone growth is down in today’s trading. Microsoft, which just reported a drop in revenue for the first time in 23 years, is currently up $1.57.
Continue reading...Apple surpasses earnings expectations, stock up nearly 4 pts in after-hours trading
Wednesday, April 22, 2009
Did somebody say ‘recession’? If so, Apple apparently didn’t get the memo. As a number of tech companies continue to struggle to stay afloat in this tough economic environment, Apple has once again exceeded expectations with its latest earnings report. Apple handily beat Wall Street earnings estimates by a whopping 24 cents!, reporting EPS of […]
Continue reading...Apple Earnings Conference Call Preview – Analyst Predictions
Tuesday, April 21, 2009
Tomorrow afternoon at 5 PM Eastern Standard Time, Apple will release its 2Q results. Apple’s EPS guidance ranges from 90¢ to $1 on revenue of $7.8 Billion. For the year, the Wall Street consensus is EPS of $5.78 on revenue of $36.59 Billion. For the quarter at hand, the general expectation on Wall St. is […]
Continue reading...More analysts up estimates on Apple
Thursday, April 16, 2009
With Apple’s earnings conference call fast approaching, a slew of analysts have been releasing revised earnings estimates and price targets for Apple. Most recently, Goldman Sachs analyst David Bailey upped his price target for Apple Stock from $105 to $125. For the quarter Baily anticipates EPS of $1.07 on revenue of $8 Billion. The general […]
Continue reading...Analyst ups target for Apple Stock to $152
Monday, April 13, 2009
Kaufman Bros. analyst Shaw Wu recently did an about face and upped his target price for Apple stock up to $152. His previous target was $120. Some of the factors playing into Wu’s new and more Bullish outlook on Apple include the upcoming WWDC conference in June, a new iPhone model, and the impending launch […]
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Tuesday, July 14, 2009
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