AAPL

After reaching a market value of two-trillion dollars earlier this week, Apple may yet surge by another 27 percent, according to Wedbush analyst Daniel Ives (via BusinessInsider). Ives believes that Apple has the potential to make further significant gains over the next year, even though the company has already hit the milestone two-trillion dollar valuation. He has classified Apple stocks ...

Warren Buffett's $113 billion stake in Apple is approaching a quarter of his investment firm Berkshire Hathaway's entire market value, according to Business Insider. Adding in Berkshire Hathaway's $147 billion in cash assets, Apple and cash represent over half of the firm's market value. Berkshire Hathaway held approximately $260 billion in cash and Apple stock at the last count,...

Apple's stock price is continuing to surge, and has risen over one percent today to push the company past $2 trillion in market capitalization by surpassing the $467.77 mark and briefly topping $468. Apple is the first U.S. company to achieve that milestone. Just over two months ago, Apple became the first U.S. company to reach a market capitalization of $1.5 trillion, and Amazon and...

Investor Warren Buffett's stake in Apple has tripled in value to be worth over $100 billion, reports BusinessInsider. The Berkshire Hathaway CEO spent $35 billion to acquire 250 million Apple shares between 2016 and 2018, according to his 2019 shareholder letter. Buffett has since sold some of his Apple holdings, and at last count owned 245 million shares, worth more than $104 billion....

Following yesterday's strong earnings report, Apple's stock price has officially broken through the $400 mark in regular trading today, rising over 5% to sit at roughly $406. Apple's share price rose above $400 during after-hours trading yesterday following the earnings release, but now that the mark has been breached during regular trading, it's considered official as an intraday all-time...

Apple has announced that it will report its earnings results for the third quarter of fiscal 2020 on Thursday, July 30. The quarter began on March 29, just over two weeks after the World Health Organization declared COVID-19 a global pandemic. Apple did not provide guidance for the quarter due to these uncertain times, but analysts expect the company to report revenue of $51.4B on average,...

After a strong performance yesterday that pushed Apple's stock price to another record high, shares are up over two percent again today. With today's boost, Apple's market capitalization has surpassed $1.5 trillion, making it the first U.S. company to reach that mark. Market capitalization is simply the share price multiplied by the number of outstanding shares of the company's stock,...

Apple shares climbed to an all-time high at the close of Nasdaq trading on Tuesday, rising $10.53, or 3.16 percent, and hitting $343.99 per share. Apple now has a market value of almost $1.491 trillion. Despite a bumpy start to the year, tech stocks have fared well during the global health crisis. Apple saw its stocks fall in February and March due to supplier constraints, store closures,...

Roughly four months after hitting an all-time high just before financial markets and economies faltered in the face of the current public health crisis, Apple's stock price has returned to those levels and has set a new all-time high today. Apple's previous intraday high of $327.85 was set on January 29, and that high-water mark was surpassed just a few minutes ago as it hit $328.00 before...

U.S. federal judge Yvonne Gonzalez Rogers this week ruled that a class action lawsuit accusing Apple of fraudulently concealing weakening demand for iPhones between August 2017 and January 2019 can proceed in part, as reported by Reuters. In January 2019, Apple lowered its revenue guidance to $84 billion for the first quarter of its 2019 fiscal year, down from its original forecast of $89...

Apple will report its financial results for the second quarter of its 2020 fiscal year at 1:30 p.m. Pacific Time today, providing a first look at how the company's sales have been affected by the global health crisis. On February 17, Apple announced that it no longer expected to meet its March quarter revenue guidance due to COVID-19's impact on the iPhone supply chain and demand for its...

Apple's stock opened at $241.31 today, down over 25 percent from a closing price of $327.20 on February 12. After the opening bell, stock market trading was automatically suspended for 15 minutes due to an over seven percent decline in the S&P 500. Apple's stock price has seen wild fluctuations due to the COVID-19 coronavirus pandemic, with shares now rebounding above $250 on the intraday...

Apple's stock opened at $255.94 this morning, down nearly $20 from a closing price of $275.43 on Wednesday, as the COVID-19 coronavirus pandemic continues to result in wild fluctuations on the stock market this week. The broader S&P 500 index dropped over seven percent shortly after the opening bell this morning, triggering an automatic suspension of trading for 15 minutes. Apple like...

AAPL shares surged 9.3 percent on Monday as the U.S. stock market rebounded and Apple's rating was upgraded by an analyst who said the company was more prepared than its competitors to absorb the impact of the coronavirus outbreak (via Reuters). Oppenheimer raised its rating on Apple stock from "perform" to "outperform", arguing that the stock had become too cheap since its 16.5 percent...

Apple's stock has been on a rollercoaster ride today since opening at $257.26, with shares rising as high as $278.41 within a span of a few hours before quickly plummeting as low as the $260s. At times, the price has swung by as much as $10 in both directions in a matter of minutes in what has been a volatile trading session. Apple's stock is still down significantly from its all-time high...

Apple's annual shareholders meeting took place this morning at the Steve Jobs Theater on the Apple Park campus, and while most of the focus was on shareholder proposals, Apple executives in attendance did have a few interesting tidbits worth sharing. Shareholders meetings have limited space and shareholders need to register in advance to attend, but multiple people who were there shared...

Berkshire Hathaway sold $800 million in Apple stock over the last quarter, according to SEC filings published on Friday. Depending on when Warren Buffett's real estate company sold the 3.7 million Apple stock, it will have earned between $806 million and nearly $1.1 billion. According to Business Insider, what might look like a massive sale is actually only a small portion of Buffett's...

Apple's shares jumped 2 percent today in after-market trading, following the company's best reported quarter ever in terms of revenue and profit. The tech giant's market capitalization has now grown to over $1.4 trillion, further cementing its place as the world's most valuable tech company. Only the Saudi Aramco oil company is worth more. AAPL is currently hovering around $312 in...

As a reminder for anyone who may have missed the announcement during the holidays, Apple revealed that it will share its earnings results for the first quarter of its 2020 fiscal year on Tuesday, January 28. The financial report should be released at 1:30 p.m. Pacific Time on that day as usual, followed by a conference call with Apple CEO Tim Cook and Apple CFO Luca Maestri at 2:00 p.m....

Apple shares today hit a new all-time high and reached a closing price of $300 following yesterday's New Year's holiday, marking significant growth over the course of the last year. In early January 2019, Apple shares were at $144 after Apple lowered its revenue guidance for Q1 2019 by up to $9 billion, spooking investors. iPhone sales in late 2018 and 2019 saw a major drop in China due...