Apple Watch will be available to buy from some boutique fashion retail locations on Friday

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Update: Confusing the situation further, HDBlog has received news from Italian Apple PR that Milan will not have Apple Watch stock to buy.

Amidst all the craziness, it now transpires that Apple Watch will in fact be available to be buy at some retail locations on Friday. The New York Times reports that select boutique locations will have stock in the brick-and-mortar locations of Apple Watch Sport and Apple Watch.

This includes Dover Street Market in Tokyo and London, Maxfield in Los Angeles, Collette in Paris, the Corner in Berlin and Corso Como in Milan.

Apple had previously announced these locations in a press release but it was unclear whether the plans had changed as Apple had since said that there would be no in-store stock until June at the earliest. although now it appears this only applies to Apple’s own retail stores.

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Ex-iOS chief Scott Forstall became Snapchat advisor in Jan. 2014, Sony leak reveals

Jobs and Forstall (Image via Getty)

Jobs and Forstall (Image via Getty)

According to a leaked email from the Sony Pictures hack, Snapchat has given former Apple executive Scott Forstall a 0.11 percent stake of its company for being an advisor. According to the email, Forstall was given his stake in early 2014 with his advisory occurring in January of that year.

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AAPL joining famed Dow Jones Industrial Average, replacing AT&T

AAPL March 6th

Apple will be joining the Dow Jones Industrial Average taking wireless carrier AT&T’s spot on the famed stock market index, CNBC reports. The change will take place in just under two weeks at the end of trading on March 18th. The Dow is heavily viewed as being indicative of the overall stock market performance in the United States, and Apple’s rising stock price will soon be a significant factor to that number.

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AAPL shares reach new record high of $120 following Apple’s record Q1 earnings report

AAPL 120

Apple’s stock soared the day after the company reported its record breaking quarter with over $74 billion in revenue and more than 74 million iPhones sold, and now Apple’s stock has reached a new all-time high during trading. The company briefly touched on $120/share during trading this morning and is on track to break its previous record closing high soon. Read more

AAPL up 8% to near record highs, bringing the rest of the market with it

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Apple broke many records with its latest quarter reporting $74.6 billion in revenue and $18 billion in profit with 74.4 million iPhones sold, numbers which greatly surpassed both Apple’s guidance and the even higher consensus analysts predicted, and Wall Street is taking notice.

Following a dismal day for the market yesterday which saw Apple down a few points ahead of its earnings report—it was soon back on the rise in after hours trading—both Apple and the Dow are climbing this morning largely due to those record numbers yesterday. Hovering around 7.5% higher since opening this morning and occasionally crossing 8%, Apple is positioned to cross its previous record high shortly. Read more

Apple’s highest-ever market cap is now 2/3rds of the way to $1 trillion

Apple Market Cap

As we reported last month, Apple’s stock price has continued to climb repeatedly reaching all-time highs since its 7-1 stock split earlier this year. The company’s stock has been on the rise today as well putting Apple’s market capitalization on track to close at its highest point ever. Previously, Apple’s highest market cap at close was $658.15 billion at the end of September 19th, 2012, and today Apple’s market cap has climbed to nearly two-thirds of a trillion dollars at $663.20 billion during trading. Read more

Apple gearing up for new bond sale this week with spotlight on euros, investor call possibly today

Tim Cook

Apple is gearing up to issue another bond offering this week, with a conference call with investors reportedly scheduled today, according to reports this morning from Bloomberg and The Wall Street Journal. Apple hasn’t announced that it is holding an investor call today as of yet, but the announcement will likely be posted to Apple’s Investor Relations website if it is indeed happening. According to the WSJ, this bond offering will be the first from Apple to involve the euro currency:

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Better-than-predicted results, and shifts from other tech stocks, lifts AAPL toward $600

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Investors seem to have taken heed of analyst ratings in response to the higher-than-predicted earnings Apple reported last week, the share price climbing from $524.75 before the company released its financials to approaching $600 at the time of writing.

Fortune suggests Apple’s results isn’t the only factor at play, with investors perhaps also following Greenlight Capital’s lead in moving out of other tech stock with particularly high price to earnings ratios – the measure of how a share price relates to its earnings. The higher the P/E ratio, the more over-valued it looks according to traditional measures …  Read more

Tim Cook’s revised stock deal cost him $4M this year

Photo: mashable.com

Photo: mashable.com

ComputerWorld noted that Apple’s SEC filing on Friday revealed that Tim Cook lost out on $4M worth of stock as a result of his request to the board in August to revise his compensation arrangements to a deal he felt was fairer to shareholders.

Earlier this year Apple’s board revised Cook’s vesting schedule at his urging. Rather than the two monster stock handouts — which only relied on his continued employment — Cook asked that they be spread out over a 10-year period and tied to the company’s stock performance …  Read more

Institutional money and Icahn shenanigans have AAPL headed back to 52-week highs

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Less than a week after AAPL stock reached a new high for 2013, and two analysts raised their target price in response to Black Friday sales, the stock has also hit a 52-week high, running at $570 at the point of writing.

Billionaire investor Carl Icahn doubtless played a role, yesterday tweeting that he would be calling for a (non-binding) shareholder vote on an increased buyback program – though for a smaller amount than he had originally urged.

But Fortune yesterday posted a rather interesting chart that may suggest the upward trend will continue …  Read more