Apple’s stock price took an un-precedented tumble this afternoon after a number of investment firms downgraded the stock due to gloomy economic conditions. The stock, which hit an intraday low of $100, was downgraded by Morgan Stanely and RBC Capital. Morgan Stanley analyst Kathryn Huberty lowered her price target of Apple to $115, citing weakening […]
Continue reading...Tuesday, September 23, 2008
Apple is currently trading at $128, leaving many who watch the stock scratching their heads in disbelief. Despite the economic downturn, Apple sales have remained surprisingly robust, and with the price of Apple so low, analysts are chiming in that this is a great opportunity to invest. David Zeiler of the Baltimore Sun has an […]
Continue reading...Monday, September 22, 2008
AppleInsider has the scoop in Piper Jaffray raising esitmates for Apple’s Septemeber quarter.
Continue reading...Wednesday, September 17, 2008
A little more than a month ago , the New York Post ran an article about the health of Steve Jobs just as Apple was set to announce its Q3 earnings. As a direct result, the issue came up during Apple's conference call and Apple's stock subsequently fell over 10% (compounded in part by low Q4 guidance from Apple). Over the past few weeks, there has been a lot of
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Monday, September 29, 2008
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