Tag Archive | "Apple Stock"
Merril Lynch analyst ups Apple stock target to $325
Bank of America Merril Lynch analyst Scott Craig must have anticipated the strong iPad launch that hit 9 countries this past weekend. Late last week, Craig issued a bullish report on Apple to investors where he upped his stock target for Apple shares to $325, up from a previous target of $300. We believe multiple […]
Continue reading...Katy Huberty of Morgan Stanley ups Apple stock target to $310, with potential for $400/share down the line
Monday, May 24, 2010
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In a recent investor note, analyst Katy Huberty of Morgan Stanley upped her 2011 iPhone sales estimate to 61.5 million units, a whopping 25% higher than the current consensus on Wall Street. Factoring into Huberty’s newfound bullishness on Apple are a few factors which Fortune summarizes thusly: The percentage of current iPhone customers planning to […]
Continue reading...Analyst: Weekly iPad sales double that of Mac sales
Thursday, May 20, 2010
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In a research note issued to clients today, RBC analyst Mike Abramsky wrote that iPad demand is on track to accelerate in light of upcoming international launches and continued strong sales in the US. For the June quarter, Abramsky anticipates iPad sales of 2.5 million, up from his previous estimate of 1.8 million. To put […]
Continue reading...Riding wave of strong iPhone and Mac sales, Apple shares are on track to hit $300
Thursday, April 15, 2010
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With Apple’s iPad launch still attracting a lot of press, Apple’s upcoming earnings announcement on Thursday, April 20 is flying a little bit below the radar.
Continue reading...Credit Suisse ups Apple stock target to $300
Saturday, March 27, 2010
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As Apple’s share price continues to reach new all-time highs on what seems like a daily basis, Credit Suisse analyst Bill Shope on Friday upped his target for Apple’s share price to $300 citing the potential of the iPad to further solidify Apple’s bottom line. In turn, Shope increased his EPS estimate for the current […]
Continue reading...Apple executives cash in on stock options as Apple share price hits all-time high
Friday, March 26, 2010
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With Apple’s stock price currently trading at all-time highs, two of Apple’s senior executives thought it’d be a good time to cash in their stock options while the gettins’ good. Writing for BrainstormTech, Philip Elmer-DeWitt reports that Apple COO Tim Cook recently sold 300,000 shares of Apple stock at prices ranging from $226.9 to $230.7. […]
Continue reading...Apple Stock closes at all-time high; Apple now has 4th largest Market Cap in the US
Saturday, March 6, 2010
When the markets closed this past Friday, Apple’s stock price was up over 8 points and finished the day trading at $218.95 a share, marking the highest share price Apple has ever traded at in its entire history. There are a few things to take away from this.
Continue reading...No dividends for Apple shareholders – Jobs prefers to keep cash on hand for “big, bold” acquisitions
Friday, February 26, 2010
At today’s Apple shareholder meeting, the issue of dividends was brought to the forefront and promptly shot down. As a quick aside, Apple hasn’t payed a dividend since 1995 and it doesn’t look like they’ll be paying one anytime soon. Speaking on the matter earlier today, Apple CEO Steve Jobs said that Apple prefers keeping […]
Continue reading...Analyst: Apple stock on way to $280 on strength of iPhone and Mac sales
Friday, February 12, 2010
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Needham & Company analyst Charlie Wolf wrote in a note to investors today that Apple’s stock is poised to hit $280 on the strength of stronger than anticipated Mac and iPhone sales. Wolf also anticipates that the upcoming iPad will be a significant revenue stream. Some other variables factoring into Wolf’s stock projection include Apple’s […]
Continue reading...Will change in iPhone accounting skyrocket Apple Stock to $376 and beyond?
Friday, January 15, 2010
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In 2010, Apple will begin including the full sale price of each iPhone sold into its earnings, as opposed to now where Apple defers the cost of an iPhone over a 24 month period. This revenue deferment often results in analysts underestimating Apple’s financial health as its earnings reports don’t accurately reflect just how much […]
Continue reading...Morgan Stanley analyst sees Apple’s share price hitting $325 in 2010
Wednesday, December 16, 2009
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Morgan Stanley analyst Kathryn Huberty doesn’t exactly have the best track record when it comes to Apple, but her latest report is worth taking a look at, if only for here unusually optimistic take on Apple’s stock price. In a recent report, Huberty laid down 3 varying scenarios for Apple’s stock price in 2010 (bear, […]
Continue reading...JP Morgan ups target for Apple stock to $230
Monday, December 14, 2009
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JP Morgan analyst Mark Moskowitz recently raised his stock target for Apple up to $230, up from a previous targt of $220. For the current quarter, Moskowitz anticipates Mac sales of 3.29 million, iPhone sales of 8.18 million, and iPod sales of 21.97 million.
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Tuesday, June 1, 2010
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