Analysts expect Apple to spend most of the money in three ways, with shareholders reaping the rewards …
Significant Apple investors have published a new open letter, ‘Think Differently About Kids’, asking Apple to dramatically improve the parental control features in iPhone and iPads, citing research into the negative psychological effects of kids over-using technology.
The letter asks Apple to add new iOS features which allow parents to limit screen-on time, hours of use, monitoring and other features. It also wants Apple to assign a high-profile executive to the case and release annual progress reports.
A GBH research note seen by us predicts that Apple is likely to take advantage of the tax break on repatriated overseas cash to bring back around $200B of its $252B foreign cash hoard.
The firm says the company is likely to spend the cash in three ways …
Just a week ago, a report came in that Apple would be reducing its iPhone X forecasts from 50M to 30M for Q1, causing a temporary drop in the price of AAPL shares. Now, one analyst believes that not only will Apple indeed post results closer to the rumored 30M mark, but is also concerned about iPhone sales across 2018. Conversely, another analyst puts AAPL’s target price at $200 with Apple trading for around $171/share currently.
December 28, 2017
December 27, 2017
Apple today published its most recent shareholder proxy statement, outlining some interesting details about its performance in 2017. As noted by Bloomberg, Tim Cook ended the year as a big winner, netting a 74 percent bonus thanks to the company’s strong performance in fiscal 2017…
December 26, 2017
Apple’s stock price has seen a sharp drop this morning on the first day of trading since Christmas Day, and a new report on tepid iPhone X demand going into next year is to blame. Analysts are adjusting their forecasts on iPhone X shipments at the start of 2018 based on demand largely being fulfilled during the holiday quarter, and the $999-$1149 price may be the cause.
December 19, 2017
Nomura analyst says historical patterns show AAPL stock is about to fall
Mosts analysts believe the launch of the iPhone X has pushed Apple into a super-cycle, where more customers than usual decide to upgrade. That should drive AAPL stock up for some time, but Japan’s Nomura thinks otherwise …
November 4, 2017
In this week’s top stories: The iPhone X is officially available with early reviews pouring in, Apple releases iOS 11.1 to the public and begins beta testing iOS 11.2, and more. Read on for all of this week’s top stories expand full story
November 3, 2017
After-hours trading in AAPL stock already values the company at $900B, but target prices from almost half the analyst reports seen following yesterday’s bumper earnings report and record-breaking guidance would value the company at more than a trillion dollars …
Following strong fiscal Q4 earnings and guidance for a record-breaking holiday quarter, AAPL shares have hit an all-time record high of $173.25 in pre-market trading (at the time of writing), up 3% on yesterday’s close of $168.11.
The current share price values the company at around $900B, taking it a significant step closer to becoming the first ever trillion-dollar company …
October 30, 2017
On the heels of iPhone X pre-orders kicking off, Apple’s stock touched a new record high today. Despite pre-order numbers being unknown at this point, several analysts are bullish on early performance of the device and see the device being in high demand rather than purely plagued by low supply…
Japanese iPhone suppliers enjoy some of AAPL’s share gains following ‘off the charts’ iPhone X announcement
October 19, 2017
August 28, 2017
Tim Cook offloads more than $43 million in AAPL stock
Apple CEO Tim Cook has sold some $43 million worth of Apple stock according to filings made with the United States Securities and Exchange Commission. Cook sold 268,623 restricted stock units, some of which were performance based and others time.
August 8, 2017
August 5, 2017
In this week’s top stories: Firmware from Apple’s HomePod speaker offers a slew of iPhone 8 details, AAPL reports its earnings for a strong Q3 2017, and reports offer insight on the next-generation Apple Watch. Read on for all of this week’s news… expand full story
August 2, 2017
AAPL performance to decide if Tim Cook will receive $44M bonus later this month
Earlier this year it was reported that Tim Cook’s 2016 pay was cut by $1.5M as Apple missed its revenue and profit goals. Today, Bloomberg reports that Cook’s yearly performance award window is about to close later this month and 280,000 AAPL shares are on the line…
Apple surprised most investors yesterday with strong sales in the last quarter (fiscal Q3) and better-than-expected guidance for the next three months, signalling the company’s confidence in the upcoming iPhone cycle.
AAPL stock opened up more than 6% at $159, a new all-time high, with a market cap above 830 billion dollars …