AAPL Company Overview Updated February 15, 2017

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13,779 AAPL Company stories

March 2007 - February 2017


Founded by Steve Jobs and Steve Wozniak in 1976, Apple kicked off the IPO of its stock in December of 1980 on the NASDAQ market, with the stock symbol “AAPL”. Here is a brief summary from NASDAQ:

Apple (ticker symbol: AAPL) is one of the world’s leading consumer electronics and personal computer companies. The Cupertino, California-based company was established in 1977 as Apple Computer Inc. It dropped the “Computer” from its name in early 2007.

Apple has remained focused on developing its own hardware, software, operating systems and services to provide its customers with the best user experience possible. A significant fraction of the company’s efforts also go toward marketing and advertising as it believes such efforts are essential to the development and sale of its products.

Despite Apple’s market-leading position, the company still faces a number of risk factors, which include changing global economic conditions, fluctuating consumer demand, worldwide-competition and potential supply chain disruptions.

Read more about Apple’s financial details and history on NASDAQ’s and CNN’s websites.

AAPL Company Stories February 15

AAPL: 135.51

0.49
Stock Chart

Apple is fighting ‘right to repair’ legislation which would give consumers and third-party repair shops the legal right to purchase spare parts and access service manuals. The state of Nebraska is holding a hearing on the proposed legislation next month, and Motherboard reports that Apple will be formally opposing the bill.

According to the source, an Apple representative, staffer, or lobbyist will testify against the bill at a hearing in Lincoln on March 9. AT&T will also argue against the bill, the source said. The source told me that at least one of the companies plans to say that consumers who repair their own phones could cause lithium batteries to catch fire … 

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AAPL Company Stories February 14

AAPL: 135.02

1.73
Stock Chart

There’s a joke about a time-traveller from the early 20th Century arriving today and asking someone what has changed. The present-day person pulls an iPhone out of their pocket and says: ‘Well, we all carry around this pocket computer that gives us instant access to the sum total of human knowledge.’ The time traveller looks stunned. ‘Wow, what do you do with it?’ they ask. ‘Mostly we watch cat videos.’

The Internet has been, in the main, a hugely positive development. We do have instant access to information on pretty much any subject under the sun, or, indeed, beyond it. We can communicate with people on the other side of the world, for free, as easily as we can those on the next street. We can virtually travel the world, exploring streets in distant locations from our armchair. And very much more.

The Internet also has its dark side, of course. But it’s the subversion of one of its most positive attributes – easy access to information – that poses one of the greatest threats today …

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AAPL Company Stories February 13

AAPL: 133.29

1.17
Stock Chart

Apple today updated its Investor Relations webpage to announced that CFO Luca Maestri will speak at the Goldman Sachs Technology and Internet Conference tomorrow afternoon. Maestri is expected to speak around 1:20PT/4:20ET and there will be a live audio stream of the speech.

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Update: AAPL also saw a record closing price of $133.29. Following the Goldman Sachs price target increase, UBS released a report yesterday expressing the view that Apple’s services business is undervalued.

AAPL has opened at an all-time record high of $133.00 after Goldman Sachs raised its target price for the stock. Pre-market trading saw the price climb as high as $133.09 before it dipped a fraction before the market opened. At the time of writing, the stock is trading at $133.68, up 1.2%.

While the price is a record for market opening, it’s not quite the highest level the stock has ever reached …

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AAPL Company Stories February 12

AAPL: 132.12

-0.30
Stock Chart
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