May 18

AAPL: 152.54

2.29
Stock Chart

May 8

AAPL: 153.01

4.05
Stock Chart

Apple’s market cap has reached a new record high of over $800 billion, with shares of AAPL hitting a high of 153.70 during trading today.

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Billionaire investor Warren Buffett has explained why Berkshire Hathaway doubled its AAPL holdings in January, stating that he used his understanding of the furniture market to appreciate the strength of the iPhone …

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9to5toys 

May 6

AAPL: 148.96

2.43
Stock Chart

In this week’s top stories: AAPL earnings, Siri Speaker, iPhone 8 reports, AirPods & Apple Watch sales, and much more.

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May 5

AAPL: 148.96

2.43
Stock Chart

This week Benjamin and Zac discuss the state of watchOS software and disappearing Apple Watch apps, the rumored Siri Speaker possibly expected at WWDC, a wild iPhone 8 launch claim, and Apple’s latest quarterly earnings results. 9to5Mac’s Happy Hour podcast is available for download on iTunes and Apple’s Podcasts app, or through our dedicated RSS feed for Overcast and other podcast players.

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May 3

AAPL: 147.06

-0.45
Stock Chart

Apple yesterday announced its Q2 2017 earnings, reporting profits of $11.03 billion on revenues of $52.9 billion. The company sold 50.7 million iPhones, 8.92 million iPads, and 4.19 million Macs. To delve into greater detail, Tim Cook this evening joined Jim Cramer on CNBC’s “Mad Money” for a full sit down interview talking earnings, the future, President Trump, and more.

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9to5google 

AAPL stock may have taken a hit in pre-trading following missed Q2 expectations and relatively weak guidance for Q3, but early reactions suggests that analysts remain largely optimistic.

Analysts did note that continued declining revenues in China was cause for concern, but this was offset by strong and growing services revenue, increased capital returns, and expectations of an iPhone 8 super-cycle…

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As of the time of writing, AAPL stock was down 1.7% in pre-trading following the company’s announcement that Q2 iPhone sales had missed expectations. Sales were down 1% year-on-year, though a higher average selling price meant that iPhone revenues were up by the same percentage.

The share price of Apple suppliers was also hit when markets opened in Europe …

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May 1

AAPL: 146.58

2.93
Stock Chart

One day ahead of Apple’s announcement of its Q2 earnings, the prevailing analyst view appears to be that there will be no surprises. The company is expected to deliver close to the top end of its revenue guidance, with most expecting revenue of around $53B.

Analysts also expect the company to show year-on-year growth in iPhone sales …

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electrek 

April 18

AAPL: 141.20

-0.63
Stock Chart

April 6

AAPL: 143.66

-0.36
Stock Chart

If Trump enacted his promised corporate tax reforms, Apple would likely repatriate the bulk of its $230B cash reserves held overseas, and see its profits jump by 16%. The prediction was made by Citi in analysis seen by Business Insider.

Trump’s tax reform plans include reducing the corporate tax rate from 35% to 15% in the US, and applying a tax of only 10% to the profits of US companies that want to repatriate cash being held overseas […] The proposals would make it likely that Apple would move its foreign cash back to the US in order to pay the least amount of tax. In the most recent quarter, Apple said it was holding $246 billion in cash, of which $230 billion was held in foreign subsidiaries.

The combination of the two would have a significant impact on earnings per share, says Citi …

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March 29

AAPL: 144.12

0.32
Stock Chart

A UBS analyst says that AAPL stock could reach as high as $200/share over the next 2-3 years, as the stock hit its 11th record high so far this year. It has already hit the equivalent of $1,000/share when you factor in the share split.

MarketWatch notes that the stock yesterday set two records: its highest ever value, at $143.80, and its highest intraday price of $142.80. Many analysts are setting high target prices for the stock, and one of them even predicts a possible $200 level, notes Business Insider – though he does add some crucial riders …

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March 24

AAPL: 140.64

-0.28
Stock Chart

Continuing the trend, another analyst today is out with his bullish expectations for Apple and the upcoming iPhone 8. As noted by CNBC, Nomura Instinet investor Jeffrey Kvaal has raised his target price for AAPL from $150 to $165 based on the expected iPhone 8 super cycle…

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9to5toys 

Apple may be planning to increase its dividend by 15% and increase the funds allocated to its stock buyback program from $30B to $35B. This claim was made in an investment note by RBC analyst Amit Daryanani, seen by Business Insider … 

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March 15

AAPL: 140.46

1.47
Stock Chart

Yesterday, a Morgan Stanley analyst expressed just how big of an impact the upcoming iPhone 8 could have on Apple’s stock price and unit sales. Now, RBC analyst Amit Daryanani has expressed his own bullish attitude towards AAPL, but his expectations are based almost entirely on Apple’s Services sector.

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March 1

AAPL: 139.79

2.80
Stock Chart

Apple’s stock price continues hitting record highs as anticipation builds for the company’s upcoming spring iPad event and next-generation iPhones.

AAPL today closed at a high of 139.79 per share following several record breaking days over the last month. The stock price also hit a high for intraday trading today reaching 140.15 before closing. The record stock prices put Apple’s market cap at 733.74B, not far off from its highest ever $775 billion record achieved back in 2015.

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9to5google 

February 27

AAPL: 136.93

0.27
Stock Chart

Billionaire investor Warren Buffett certainly appears to have revised his view of Apple bigtime. Back in 2011, he famously said that his conglomerate Berkshire Hathaway had held very few AAPL shares in the past ‘and we’re likely to hold very few in the future.’ The reason, he said, was that the company’s future was too difficult to predict.

By May of last year however, the conglomerate held more than $1B worth of AAPL stock – a disclosure that helped the stock climb 9%. By December, that holding had increased to 57M shares worth $7.7B. Now CNBC reports that the company now holds 133M shares worth a staggering $17B …

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February 21

AAPL: 136.70

0.98
Stock Chart

Continuing its week of record-setting performance, AAPL stock hit yet another pair of all-time highs today. The stock closed at a new record high of $136.70, up from the previous all-time close record of $135.27 that was set last week.

Furthermore, AAPL hit a new intraday high of $136.75 today, up from the previous record of $136.27, which was set last week.

AAPL’s continued strong performance comes as Morgan Stanley analyst Katy Huberty raised her target price for the stock and made a handful of predictions for the upcoming iPhone 8…

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February 14

AAPL: 135.02

1.73
Stock Chart
electrek 

After reaching an all-time record high opening price of $133 yesterday, AAPL today beat its intraday trading record, surpassing its previous record high set back in 2015. 

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