Tag: Apple

January 22, 2018

IPhone demand will disappoint this year, according to another Wall Street analyst. Atlantic Equities lowered its rating for Apple shares to neutral from overweight on Monday, predicting weaker-than-expected sales for the company’s March quarter. This follows a downgrade of the […]

January 17, 2018

Apple shares will thrive this year due to tax reform, according to one Wall Street firm. Bank of America Merrill Lynch reiterated its buy rating and raised its price target to $220 from $180 for Apple shares, which is 25 […]

November 10, 2017

Apple could soon surpass a major milestone, according to TradingAnalysis.com founder Todd Gordon. Looking at a chart of the tech giant, Gordon points out what he describes as a “very strong” uptrend going back to the summer of 2016. Drawing […]

November 3, 2017

Apple reported a solid quarter Thursday. I’ll tell the story with a few numbers. 12%. That’s Apple’s year-over-year quarterly revenue growth, a staggering growth rate for a company Apple’s size. Sales totaled $52.6 billion. 19%. Apple’s earnings growth outpaced its […]

October 30, 2017

Shares of Apple jumped Monday to an all-time high on speculation of strong demand for the iPhone X, which the company began taking preorders for on Friday. A deluge of orders for the company’s new luxury phone has already pushed […]

October 19, 2017

Shares of Apple are down 1.65% to $157.12 in early trading on Thursday on reports that the company has cut orders linked to its new iPhone 8. Apple has cut production orders linked to the iPhone 8 by more than […]

October 17, 2017

The Wall Street bulls swear that sweeping tax reform is the key to putting a newly-resurgent corporate America on the fast track for years to come. What better way to gauge the potential power of the Republican Party business tax […]

September 25, 2017

Consumer disappointment with Apple’s new iPhone offerings have sent shares of the tech giant’s key suppliers in Asia, notably those in Taiwan, further into the red as earlier hopes of a supercycle for the flagship device have faded. In the […]

August 30, 2017

Apple shares hit an all-time high on Tuesday after research firm IDC released bullish estimates for the widely anticipated new iPhone. IDC said it expects iPhone shipments to increase 9.1 percent in 2018 after the new iPhone 8, 7S and […]

August 18, 2017

Wisconsin’s Republican-controlled state Assembly voted 59-30 on Thursday to approve a bill that paves the way for a $3 billion incentives package for a proposed liquid-crystal display plant by Taiwan’s Foxconn (FXCNY, -5.28%) . The plan still needs to be approved by […]

August 17, 2017

When Apple Inc. (AAPL) decided to borrow $1 billion through “green bonds” earlier this year to make its operations more energy efficient, it turned to a trio of Wall Street book runners including JPMorgan Chase & Co. The unsecured 3% notes that […]

August 3, 2017

At 41 years old, Apple is a respected elder of the tech industry. But rather than easing slowly into retirement, the company is going through another growth spurt. On Wednesday, Apple’s stock surged 5 percent to a record high of $157.14 after […]

July 27, 2017

Samsung has shrugged off scandal to announce a record profit. The South Korean electronics giant was propelled to record profit in the second quarter of 2017, and this boom is likely to continue into the third — just as revenue is […]

July 5, 2017

Before the first iPhone went on sale, Apple had gotten good at building computers and making iPods. But in the early 2000s, engineers at Apple had started working on something entirely new — a mobile device that combined a phone, […]

June 27, 2017

On June 29, Apple celebrates the 10th anniversary of the iPhone, a device all but culturally synonymous with the word smartphone. I was lucky enough to preview one the day before Steve Jobs introduced it at MacWorld in January 2007. […]

June 13, 2017

Apple shares fell more than 2 percent Monday, falling for a second-straight day due to mounting concerns about unsustainably high stock prices. The iPhone maker’s stock has lost nearly 6.2 percent of its value in just two days. The decline […]

May 5, 2017

Apple Inc. hit the corporate bond market on Thursday, with a six-part offering aimed at raising cash for dividends, share buybacks and to pay down existing debt. The iPhone maker is offering three-year, five-year, seven-year and 10-year tranches, with fixed- […]

February 22, 2017

Shares of Apple hit a new all-time intraday high of $136.75 on Tuesday, extending recent gains into record territory after nearly two years without a new high. The stock ended the day at $136.70, about 0.7 percent higher. Apple set […]

January 30, 2017

Shares of the tech giant are in focus as it prepares to report its results for the last three months of 2016 on Tuesday after markets close. Wall Street expects Apple (AAPL) to report earnings of $3.23 a share on […]

November 23, 2016

Donald Trump has changed many of his positions from the campaign, but he apparently remains opposed to Apple’s overseas manufacturing strategy. The U.S. President-elect said he received a call from AppleCEO Tim Cook on Monday. In the call, Trump said […]