AAPL Company Overview Updated May 9, 2017

AAPL Company

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13,874 AAPL Company stories

March 2007 - May 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 May 9

AAPL: 153.99

Stock Chart

When a company has a market cap of around $800B and is sitting on cash reserves of more than $250B, it’s not surprising that we hear continual speculation about some kind of mega acquisition. In Apple’s case, the three usual suspects are Netfix, Tesla and Disney – the latter most recently pitched by RBC last month, the former just last week by Citigroup.

Each has an obvious logic, as UBS acknowledges, but the bank believes that a ‘surprising’ mega-acquisition is a more likely bet …

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AAPL Company Stories May 8

AAPL: 153.01

Stock Chart

AAPL Company Stories May 6

AAPL: 148.96

Stock Chart

AAPL Company Stories May 5

AAPL: 148.96

Stock Chart

Warren Buffett isn’t shaken by Apple’s iPhone numbers from last quarter. Despite a slight dip in sales year-over-year, the billionaire investor says he believes $AAPL is priced appropriately to buy now and there are ‘a lot of people waiting’ to buy the next iPhone. Buffett’s company added 40 million AAPL shares recently and has more than a $7 billion stake in the company.

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Analysts often dream about spending Apple’s growing cash pile by listing which company’s Apple could acquire, and this week Apple’s cash reserves climbed past a quarter trillion dollars at $256.8 billion. In response, Citigroup analyst Jim Suva has listed both Netflix and Tesla as takeover targets for Apple…

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