AAPL

New York-based law firm Bronstein, Gewirtz & Grossman has announced it is investigating whether Apple and certain executives violated U.S. federal securities laws after the company lowered its revenue guidance by up to $9 billion for the first quarter of its 2019 fiscal year earlier this week. The law firm is conducting the investigation on behalf of AAPL shareholders, with potential for a...

AAPL has opened at $144 today on the stock market, with share prices sliding roughly nine percent after Apple lowered its revenue guidance by up to $9 billion for the first quarter of its 2019 fiscal year. AAPL is down just over 35 percent since closing at $222.22 on November 1, just prior to its last earnings report. In a letter to shareholders on Wednesday, Apple disclosed that its...

Microsoft today surpassed Apple to become the world's most valuable publicly traded company as a result of Apple's continually declining share price, reports Business Insider. Microsoft has reached a market capitalization of approximately $814 billion, while Apple's is now slightly less. Apple earlier this year became the world's only trillion dollar publicly traded company, but it lost...

AAPL has dipped below the $200 mark at times today, and is down around 10 percent since Apple's earnings report last week, resulting in the company losing its trillion dollar valuation in terms of market capitalization. As of writing, Apple has a market cap of around $950 billion based on its latest share count. Apple on Thursday reported revenue of $62.9 billion during the fourth quarter of ...

Following the conclusion of its 2018 fiscal year, which ended September 29, Apple today filed its annual Form 10-K [PDF] with the SEC. We've combed through the exhaustive, legalese-rich 72-page report so you don't have to. Highlights:9,000 more employees: Apple has 132,000 full-time employees as of the end of its 2018 fiscal year, up from 123,000 a year prior. R&D expenses rose nearly $3...

Apple today updated its investor relations page to announce that it will share its earnings results for the fourth fiscal quarter (third calendar quarter) of 2018 on Thursday, November 1. The earnings release will provide a look at sales of the new iPhone XS and XS Max during their first week of availability, and we may hear some details on how well the Apple Watch Series 4 sold. Apple...

Apple CEO Tim Cook is poised to receive 560,000 shares of Apple stock on Friday, worth approximately $120.4 million based on Tuesday's closing price of $215.04. The two-part award is tied to Cook's continued service as CEO, and Apple's relative performance on the stock market under his leadership. The total includes the vesting of 280,000 restricted stock units for Cook remaining CEO over...

Today marks the seventh anniversary of Apple passing U.S. oil giant ExxonMobil to become the world's most valuable company for the first time, with a market capitalization of around $341.5 billion at the time. Apple achieved the milestone on August 9, 2011, just over two weeks before the late Steve Jobs resigned as CEO on August 24, 2011, the same day that he nominated then-COO Tim Cook to...

Apple today reached a major milestone and became the first publicly listed U.S. company to reach a $1 trillion market capitalization. Following the news, Apple CEO Tim Cook, who did not comment publicly on the occasion, sent out a memo to employees, which was shared by Buzzfeed. In the memo, Cook said that while the valuation is a "significant milestone" that the company should be proud of,...

Apple has officially become the world's only trillion dollar publicly traded company, in terms of market capitalization, which is simply the company's number of outstanding shares multiplied by its stock price. Apple achieved this milestone by hitting a stock price of $207.05 and above in intraday trading today, giving it a market cap slightly over $1,000,000,000,000, based on its 4,829,926,0...

Apple has filed its quarterly 10-Q form with the U.S. Securities and Exchange Commission today, confirming that the company has a total of 4,829,926,000 outstanding shares on the stock market as of July 20, 2018. That's down from 4,915,138,000 shares three months earlier as Apple has continued to buy back its own stock. Based on multiplying the latest total by Apple's closing stock price...

Apple shares crossed the $200 mark in intraday trading today, setting a new all-time high for the company's stock. Apple's stock is up over five percent since the market closed on Tuesday, after the company reported a record-breaking $53.3 billion in revenue, meeting the high end of its guidance and topping Wall Street expectations. All eyes are on the AAPL ticker as Apple hovers ever so...

Apple is set to report its earnings results for the third quarter of its 2018 fiscal year at 1:30 p.m. Pacific Time today. The quarter began April 1, 2018 and ran through June 30, 2018, according to Apple's fiscal year accounting calendar. Apple provided the following guidance for the quarter back on May 1:revenue of $51.5 billion to $53.5 billion gross margin between 38 and 38.5 percent o...

Apple today updated its investor relations page to announce that it will share its earnings results for the third fiscal quarter (second calendar quarter) of 2018 on Tuesday, July 31. The earnings release will provide a look at continued sales of the iPhone X, iPhone 8, and iPhone 8 Plus, along with data on how well the new low-cost 9.7-inch iPad is doing. Apple's guidance for the third...

Apple's stock price has established a new all-time high, as shares exchanged hands for slightly above $187 in intraday trading today. Apple's stock price has been steadily increasing for over a week, driven by the company's successful earnings report on May 1 and Berkshire Hathaway buying 75 million additional Apple shares in the first three months of 2018. North American stock markets have...

Berkshire Hathaway bought 75 million additional Apple shares in the first three months of 2018, CEO Warren Buffett told CNBC on Thursday, signaling the billionaire investor's continuing confidence in Apple. In February last year, Buffett revealed that his holding company held around 133 million shares in Apple prior to the company's record-breaking earnings results on January 31, 2017, worth...

Apple is set to report its earnings results for the second quarter of its 2018 fiscal year at 1:30 p.m. Pacific Time today. The quarter began December 31, 2017 and ended March 31, 2018, according to Apple's fiscal year accounting calendar. Apple provided the following guidance for the quarter back on February 1:revenue between $60 billion and $62 billion gross margin between 38 and 38.5...

Apple today updated its investor relations page to announce that it will share its earnings results for the second fiscal quarter (first calendar quarter) of 2018 on Tuesday, May 1. The earnings release will provide a look at sales of the iPhone 8, iPhone 8 Plus, and iPhone X following its record January quarter that saw the company sell 77.3 million iPhones. Apple's guidance for the...

Apple's services revenue is growing at a rapid pace and is on track to be the company's primary revenue driver in the future, according to a note Morgan Stanley analyst Katy Huberty shared with investors this morning (via Business Insider). Huberty believes that over the course of the next five years, services revenue growth will contribute more than 50 percent of Apple's total revenue growth. ...

Apple's stock price has established a new all-time high in the company's history, as shares exchanged hands for slightly above the previous record of $180.10 in intraday trading today following several weeks of gains. AAPL has been on the rise since bottoming out at $150.24 on February 9, one day after the Dow Jones plunged over 1,000 points. The broader selloff in the stock market proved to ...