Tag Archive | "Apple Stock"
Jim Cramer anticipates Apple stock price to hit as high $264
Under current accounting rules, Apple must recognize income for every iPhone sold over a 24-month period rather than recognize the full purchase price at the moment of sale. This obviously dilutes the ability of Apple’s share price to accurately reflect its current financial well-being. But there is word that Apple may soon be granted special […]
Continue reading...Analyst predicts Apple stock to soar to $235 on strength of iPhone sales
Tuesday, September 15, 2009
In a recent note to investors, analyst Charlie Wolf of Needham & Co. anticipates that Apple’s stock price could very well hit $235 in the next 12 months, in large part due to accelerated iPhone growth. By exploiting a commanding lead in the all-important smartphone applications market, the iPhone is in a position to chalk […]
Continue reading...Analyst: iPhone in China could boost Apple EPS by 4 cents a share
Wednesday, September 9, 2009
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With the iPhone set to arrive in China sometime during the 4th quarter, analysts are already trying to figure out the extent of Apple’s deal with China Unicom on Apple’s bottom line. While there’s no way to predict how the iPhone will perform in the Chinese market, USB analyst Maynard Um speculated in a note […]
Continue reading...Apple exec puts rumors of cable-like Apple TV to rest, ups target for Apple Stock to $200
Tuesday, September 8, 2009
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The New York based Investment bank Caris & Company recently met with Apple CFO Peter Oppenheimer and came away with some interesting nuggets of info. In a note to investors, Caris & Company analyst Robert Cihra discussed the potential for Apple to add some cable-like features to the Apple TV: While some have wondered whether Apple […]
Continue reading...SEC investigating insider trading of Apple shares
Tuesday, September 1, 2009
The Huffington reports that the SEC is investigating what may be turn out to be insider trading of Apple stock. I have obtained copies of those internal SEC documents from a regulatory contact. Interestingly, the nature of its interest shows that the commission is not investigating, as is usually the case, the trading that occurred […]
Continue reading...Analyst ups Apple estimates – anticipates a low-end MacBook, the iPhone on Verizon, and a stock buyback, but is skeptical of a tablet
Monday, August 24, 2009
Doug Reid, of the research firm Thomas Weisel, recently upped his 2009 EPS estimate for Apple to $5.38 and his 2010 EPS estimate to $6.51. His previous estimates for 2009 and 2010 came in at $5.38 and $6.51 respectively. In light of his new earnings predictions, Weisel also set a price target for Apple stock […]
Continue reading...RBC analyst puts $250 price target on Apple Stock
Tuesday, August 18, 2009
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Shares of Apple Stock edged a bit higher yesterday after RBC analyst Mike Abramsky raised his price target for Apple to $250, up from a previous target of $190. “Our outlook reflects continued iPhone share gains in domestic and international markets, driven by distribution expansion, more innovations in devices and user experience,” Abramsky wrote in […]
Continue reading...USB ups Apple target to $170
Monday, August 10, 2009
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Citing impressive MacBook sales and the expansion of the iPhone 3GS beyond 8 countries, USB analyst Maynard Um upped his target price for Apple stock to $170, up from a previous target of $160. Calling Apple a “short term buy”, Maynard also factors in the rumored Apple tablet, but cautions investors that Apple’s margins might […]
Continue reading...Analyst sees Apple Stock hitting $335 by 2012
Thursday, August 6, 2009
Jon Markman of MSN Money lays out the case for Apple’s stock price hitting $335 by 2012. To project a $335-a-share price in three years, I am just looking for 15% earnings growth and a return to the premium price-earnings multiple that is accorded to industry leaders. General Mills is growing at 8% and gets […]
Continue reading...12 years ago today, Apple and Microsoft made amends, sort of [Video]
Thursday, August 6, 2009
12 years ago today, Steve Jobs delivered a keynote in Boston where he announced a number of new initiatives with its ole’ rival Microsoft and an end to the legal battle over Apple’s allegations that Microsoft illegally copied the “look and feel” of the Mac OS. In the video below, a non-turtleneck clad Jobs announced […]
Continue reading...Analyst ups Apple target to $185
Tuesday, August 4, 2009
Citing the iPhone’s high margins and its first mover advantage in the smartphone market, Sanford Bernstein analyst Toni Sacconaghi raised his target for Apple stock up to $185, up from a previous target of $165. Sacconaghi, though, notes that if Apple wants to continue increase the iPhone’s worldwide market share, it still needs to make […]
Continue reading...JP Morgan raises earnings estimates and stock target for Apple
Friday, July 17, 2009
Analyst Mark Moskowitz of JP Morgan recently raised his target price for Apple Stock to $167.50, up from a previous target of $155. As an aside, since when do analysts give out price targets for stocks that include 50 cents? In any event, Moskowitz anticipates Mac sales of 2.5 million for the quarter, an increase […]
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Tuesday, September 15, 2009
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