Tag Archive | "Apple Stock"
Analyst opens up coverage of Apple with $260 stock target
As Apple’s stock price continues to lurk in the $200 price range, CLSA Asia-Pacific Markets analyst Steven Fox opened up his firms coverage of Apple with a price target of $260. “Apple’s ecosystem is in the process of meaningfully expanding its reach through an increasingly robust set of applications,” Fox wrote in a recent note […]
Continue reading...Apple Stores begin transition from EasyPay to iPod Touch
Wednesday, October 28, 2009
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ifoAppleStore reports that Apple has begun transitioning from the EasyPay portable devices it currently uses to conduct on the spot sales to an iPod Touch with an attached scanner running point of sale software. First, the iPod touch scanner will allow employees to capture data from products that have multiple barcodes using a single pass, […]
Continue reading...Jim Cramer raises Apple stock target to $300, actually raises some good points
Wednesday, October 28, 2009
Before Apple released its record breaking earnings report last Monday, Jim Cramer noted on his “Mad Money” TV show that Apple’s earnings would disappoint, and that investors should prepare themselves to “buy Apple on weakness on Tuesday morning.” Apple’s earnings, of course, blew analyst expectations out of the water, and in the following few days, […]
Continue reading...Jim Cramer is way off base on Apple earnings.. AGAIN
Tuesday, October 20, 2009
This isn’t all that surprising really, but take a look at what CNBC talking head Jim Cramer had to say about Apple prior to their earnings announcement yesterday afternoon. “Your game plan next week is to buy Apple on weakness on Tuesday morning,” Jim Cramer said on Friday’s “Mad Money” TV show. He told viewers […]
Continue reading...iPhone supply issues could affect Apple’s revenue in tomorrow’s earnings report
Sunday, October 18, 2009
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In a note to investors late last week, analyst Yair Reiner of Oppenheimer said that Apple’s reported revenue may come in slightly below expectations due to some trouble Apple had during the quarter keeping up with booming iPhone demand. But in the grand scheme of things, it’s always better to have demand outweigh supply than […]
Continue reading...Analysts starting to catch on as more raise earnings estimates and stock targets for Apple
Thursday, October 1, 2009
As the Apple money making and iPhone manufacturing machine continues to press on forward, analysts are finally starting to come around and acknowledge that there’s still a lot of room for Apple to grow.
Continue reading...Analyst ups target on Apple Stock to $210, anticipates low cost MacBook sometime soon
Wednesday, September 30, 2009
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Analyst Doug Reid of Thomas Weisel recently upped his price target for Apple stock to $210, up $30 from his previous target of $180. And with Apple already trading at $185, you might say that his previous stock target was quite outdated. Moving along, Apple’s fiscal quarter ends this month, and Reid anticipates revenue of […]
Continue reading...Apple stock surges to 52 week high of $188 a share
Wednesday, September 23, 2009
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Earlier today, Apple’s stock price capped off an impressive run by hitting a 52 week high of $188 a share, though it eventually closed out the trading day at $185 a share. The chart below, courtesy of BusinessInsider, highlights Apple’s run to 180 over the past 11 or so months, and how varying Apple related […]
Continue reading...Accounting board approves rule change re: recognition of iPhone revenue
Wednesday, September 23, 2009
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Today, the Financial Accounting Standards Board (FASB) voted to allow companies like Apple to recognize income from sales on products like the iPhone instantaneously, as opposed to spreading out the revenue income over the course of 24 months, as Apple currently does due to accounting regulations. The rule change will not officially go into effect […]
Continue reading...Vote on proposed accounting change for iPhone revenue to take place tomorrow
Tuesday, September 22, 2009
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For some time now, analysts have pointed out that Apple’s share price doesn’t appropriately reflect the true financial health of the company, with the reason being that Apple spreads out the revenue it earns from each iPhone sale over a period of 24 months. Because Apple periodically offers iPhone users significant software updates, current accounting […]
Continue reading...Can Apple shares double again?
Friday, September 18, 2009
With shares of Apple currently trading at a 52 week high of $185, one has to wonder how much higher it can go in light of reports that Apple may soon recognize all revenue from iPhone sales at the time of purchase, instead of spreading it out over a period of 24 months. Stevan Sidahmed […]
Continue reading...Did Jim Cramer help boost Apple’s share price today?
Wednesday, September 16, 2009
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Apple shares closed out trading today at $181.87 a share, up $6.71 for the day, and marking the highest the stock has reached in the past year. Could this impressive climb have anything to do with recent comments by CNBC analyst Jim Cramer where he predicted that Apple’s stock will climb to $264 a share […]
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Wednesday, December 9, 2009
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