Shares of Apple are down nearly 5% to start 2024, erasing roughly $370 billion in market value, as concerns about China and iPhone sales…
Tag: AAPL
Is 2024 the year Apple’s crippling dependence on China finally blows up?
Is 2024 the year Apple’s crippling dependence on China, a situation engineered by CEO Tim Cook, finally blows up?
Apple shares swoon after Barclays downgrade
Apple shares fell more than 3% after Barclays downgraded the stock and trimmed its price target on what it sees as weakening iPhone 15 sales…
Barclays downgrades Apple stock
Barclays has downgraded Apple stock to underweight for first time since 2019 on what it sees as cooling iPhone demand…
Apple’s stock underperformed top tech peers in 2023 due to longest revenue slide in 22 years
In 2023, Apple suffered its longest revenue slide in 22 years, reporting four straight quarters of declining sales. Consequently, Apple’s…
Is Apple stock a buy as 2023 winds down?
The consensus of Wall Street analysts sees Apple returning to growth in the December quarter. Interested AAPL investors are…
Apple stock struggles to break through $200 psychological barrier
Apple stock is struggling to break through the $200 psychological barrier as it contends with potential bad news surrounding its…
Apple’s stock splits: When will AAPL shares split again?
Apple’s stock has split five times since the company went public. The stock split on a 4-for-1 basis on August 28, 2020, a 7-for-1 basis…
Apple shares hit new all-time intraday and closing highs
In Nasdaq trading today, shares of Apple Inc. rose to hit new all-time intraday and closing highs. Apple’s all-time intraday high was set on…
How Apple stock can break through the $200 barrier
Apple shares hit a new all-time intraday high on Thursday and are hovering just below $200. There are three reasons to think Apple can break…
Apple shares hit new all-time intraday high
Apple in early trading Thursday rose $1.66 or 0.79% to high a new all time high of $199.62. Apple’s previous all-time intraday high of…
Apple’s market value approaches that of Europe’s largest stock market: France
Near its all-time intra day high on Wednesday, Apple’s market value is approaching that of Europe’s largest stock market: France…
Apple market value to surpass $4 trillion in 2024 – Wedbush
Wedbush Securities analyst Dan Ives is predicting that Apple will become the first company to surpass a $4 trillion market value in 2024…
Morgan Stanley ups Apple target price to $220
Morgan Stanley have raised their target price for Apple from $210 to $220 based on their outlook for Services, iPhone 15 gross margins…
Apple market value again tops $3 trillion
Apple on Tuesday is on pace to close at or above a $3 trillion market value for the first time since August 3rd. The first time Apple closed…
Foxconn resumes iPhone assembly at Indian factory after Cyclone Michaung pause
Major Apple assembler Foxconn resumed operations on Tuesday at its Indian facility that makes Apple iPhones following weather disruptions…
Major Apple assembler Foxconn raises Q4 outlook on strong year-end holiday sales
Taiwan’s Foxconn, the world’s largest contract electronics maker and a major Apple assembler, on Tuesday raised its outlook for the fourth…
2 reasons to back up the truck for Apple stock
Don’t let recent declines fool you. Apple is still outperforming its competitors, and likely has a lucrative future ahead for two reasons…
Apple stock could perform better than usual this December
Since 1981, December ranks as the third worst month for Apple stock, according to Dow Jones Market Data, but there are reasons why…
Apple’s bonds have seen equity-like returns in the past month
Investors who purchased Apple Inc. bonds in October are now looking at equity-like returns, as prices have climbed while spreads have…
Apple CEO Tim Cook posts tribute to Berkshire Hathaway’s Charlie Munger
Berkshire Hathaway vice chairman Charlie Munger, Warren Buffett’s business partner, died peacefully on Tuesday morning at a California…
Investors should pay attention to Apple’s expanding gross margins – analyst
Apple is about more than just revenue, says Bernstein’s Toni Sacconaghi who points out to investor’s that the company’s margins are growing…
49% of Berkshire Hathaway CEO Warren Buffett’s $318 billion portfolio is now invested in Apple
As of September 30th, Warren Buffett’s Berkshire Hathaway had 49% of its $318 billion equity securities portfolio invested in Apple…
Apple stock breaks through resistance, looks to resume longer-term uptrend
Apple stock has now rallied enough over the past couple of weeks to break through the resistance that’s been dragging the stock down the…
Major Apple assembler Foxconn reiterates strong year-end holiday sales outlook
Major Apple assembler Foxconn, the world’s largest contract electronics maker, on Sunday reiterated its previous outlook of strong year-end…
Gene Munster: Apple’s doing better than it looks; China concerns were overblown
Apple’s December guidance is better than it looks when you set aside consensus, and focus on the business, which is growing about 7%…
Apple stock rises ahead of Q423 earnings report later today
Shares of Apple rose in Thursday morning trading ahead of the world’s most valuable company’s fiscal fourth quarter results…
Apple earnings: options market is pricing in 4.2% move in either direction
Apple is due to report earnings on Thursday after the closing bell. The options market is currently pricing in a 4.2% move in either…
Deutsche Bank cuts Apple target price to $200 from $210
Deutsche Bank analyst Sidney Ho on Wednesday reiterated his “Buy” rating on Apple shares, but slightly lowered his target price to $200…
Apple stock is on its longest losing streak since January 2022
Apple has lost roughly $122 billion – more than the entire market value of Qualcomm – over the last six trading sessions. Apple stock is on…
Is Apple stock a buy ahead of its on November 3rd earnings release?
Apple is set to report results for its fiscal fourth quarter on November 3rd. Shares have pulled back in recent months. Is this a buy…
Apple is largely controlled by institutional shareholders who own 55% of the company
The top 25 Apple shareholders own 40% of the company. Institutions own the lion’s share in the company with 55% ownership…
Nearly half of Warren Buffett’s $337 billion portfolio is invested in Apple
Apple makes up a notable 47.5% of Warren Buffett’s Berkshire Hathaway portfolio. Clearly, the Oracle of Omaha thinks highly of the world’s…
KeyBanc downgrades Apple
Apple was downgraded at KeyBanc Capital Markets which said shares of the world’s most valuable company are trading near all-time high…
Apple CEO Tim Cook nets $41 million in AAPL stock sale
Apple CEO Tim Cook sold AAPL stock worth about $41 million after taxes in his biggest sale in more than two years…
Apple stock looks ripe for buying
The market has sold off, and some high-quality names — like the world’s most valuable company, Apple — look ripe for buying…
Demand for Apple’s iPhone 15 models is exceeding expectations – analyst
Wedbush Senior Equity Research Analyst Dan Ives says the demand for Apple’s iPhone 15 has outstripped the previous model by…
Apple poised for growth this holiday season
Apple is poised for growth this holiday season with its new iPhone 15 lineup, Apple Watch Series 9, and Apple Watch Ultra 2…
Apple’s market value is about to surge past $3 trillion and beyond – analyst
Apple’s market value will surge past $3 trillion and beyond by this time next year, Wedbush Securities’ senior tech analyst Daniel Ives says…
Morgan Stanley: Apple selloff ‘overdone’
Morgan Stanley analyst Erik Woodring says the selloff in Apple’s shares are “overdone” after shares dipped throughout much of the week…
Apple stock rises for 6th straight session, on track for longest winning streak since March 2022
Apple stock is rising for the sixth consecutive day on Friday, putting AAPL on pace for its longest winning streak since March 29, 2022, when…
Billionaire investors are buying Apple stock ‘hand over fist’
During the second quarter, a number of highly successful billionaire investors gobbled up Apple stock and shares of Nvidia and Microsoft…