AAPL
By MacRumors Staff
AAPL Articles

New Apple Product Expectations See AAPL and Supplier Shares Surge to Record Highs
Shares in Apple supplier Taiwan Semiconductor (TSMC) hit an all-time high on Tuesday, coming on the back of record spikes in Apple's share price over the last rontew trading days.
TSMC share price rose to 195 New Taiwan Dollars, up NT$3.5 or 1.83 percent on the Taiwan Stock Exchange, breaking a previous record set in October 2016.
Shares in other Apple parts suppliers in Asia also rallied ...
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Apple Stock Smashes Previous All-Time High For Second Month Running
Apple shares hit a record closing high in Nasdaq trading yesterday, reaching $140.69 to beat its previous all-time closing high of $140.46 set just two days ago.
A new all-time intraday high of $141.02 was also set by AAPL on Thursday, eclipsing its previous record of $140.75, also set on March 15. Stocks re-opened today at $140.72 and remained steady around the $140 mark.
The figures...

Apple's Stock Price Projected to Keep Rising on 'iPhone 8' Optimism
While a 5.8-inch iPhone with an OLED display is likely around six months away from being announced, the stock market is always looking ahead, and several analysts think the smartphone will be a hit among customers.
Accordingly, over the past month, several financial analysts have raised their price targets for Apple's stock to between $150 and $185, per research notes obtained by MacRumors.
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Berkshire Hathaway More Than Doubled its Stake in Apple in January
In an interview with CNBC today, billionaire investor Warren Buffett revealed that his holding company Berkshire Hathaway held around 133 million shares in Apple prior to the company's record-breaking earnings results on January 31.
Berkshire Hathaway disclosed that it held 57.3 million shares in Apple as of December 31, 2016, so it more than doubled its stake in the iPhone maker in January. ...

Berkshire Hathaway Nearly Quadrupled its Stake in Apple Stock Last Quarter
Warren Buffett's holding company Berkshire Hathaway nearly quadrupled its stake in Apple stock to 57,359,652 shares last quarter, according to an SEC filing disclosed today. Its stake in Apple was worth nearly $6.7 billion as of December 31, and over $7.7 billion today if the shares are still held.
Berkshire Hathaway disclosed a nearly $1 billion stake in Apple last May, which led the iPhone ...

Apple's Stock Reaches its Highest Price Ever
Apple is having a good Valentine's Day, as its shares traded above $134.54 today, eclipsing a previous all-time intraday high set in April 2015.
Apple's market value has now surpassed $700 billion, making it the world's most valuable company by a sizeable margin. Google parent company Alphabet is second largest with a market cap of around $575 billion, followed by Microsoft at around $500...

Apple's Stock Sets First New All-Time High Closing Price in Nearly Two Years
Apple's stock set a new all-time high closing price of $133.29 today, eclipsing a previous record of $133 set on February 23, 2015. The stock still remains around $1 off its true all-time high of $134.54 set on April 28, 2015.
Apple's stock has been steadily rising over the past four months, particularly since the company reported record-breaking earnings results, including revenue of $78.4...

Apple Expected to Report Best Financial Results Ever Today Amid Return to Growth
Apple is scheduled to report its earnings results for the first quarter of the 2017 fiscal year at 1:30 p.m. Pacific Time today, revealing how much money it made between September 25 and December 31 of last year. The holiday shopping season typically makes this quarter Apple's most lucrative of the year.
Apple benefitted from an extra week of sales in the quarter—14 versus the usual...

Apple Forecasted to Report Record Earnings Next Week, but Will iPhone 8 Keep Driving Growth?
Barclays estimates that Apple will report a record-breaking $76.6 billion in revenue when it announces its earnings results for the first quarter of fiscal 2017 on January 31. Apple reported revenue of $75.9 billion in the year-ago quarter, and offers guidance of $76 billion to $78 billion for this quarter.
UBS estimates Apple will report revenue of $77.8 billion next week, which falls on...

Tim Cook Cashes in $3.6 Million in Stock as Respected Analyst Gives Him Passing Grades
Apple CEO Tim Cook sold 30,000 shares of Apple stock this week, valued at $3.6 million based on the company's stock price of $120 at the time of the transactions, according to a U.S. Securities and Exchanges Commission disclosure. The shares were sold as scheduled pursuant to Cook's predetermined trading plan.
Cook retains 1,009,809 company shares worth over $121 million based on Apple's...

Apple's Stock Reaches Highest Price Since 2015
Apple's stock price is currently hovering around the $120 mark in intraday trading, its highest level since late 2015. The stock has been steadily climbing in value since dropping to a 52-week low of $89.47 in May 2016.
2016 marked Apple's first year-over-year decline in revenue since 2003, and first drop in iPhone sales ever, but its stock price appears to have mostly weathered the storm....

Wall Street Firm Says Apple Remains One of the World's Most Unappreciated Stocks
Wall Street brokerage firm Drexel Hamilton today informed its clients it continues to believe Apple is "one of the most underappreciated stocks in the world," according to a research note seen by MacRumors.
Apple analyst Brian White retained his "buy" rating for AAPL and $185 price target. Apple shares are currently trading at around $114, their highest level since late October, after rising...

Apple Forecasted to Report First Full-Year Revenue Decline Since 2001
Apple will report its fiscal fourth quarter earnings results later today, and both the company and analysts project a year-over-year decline in iPhone sales and overall revenue for a third consecutive quarter. Apple will then have posted its first full-year revenue decline since 2001, with the decline expected to continue through the holiday quarter. Wall Street projects Apple will return to...

Apple Will Not Release First Weekend Sales Numbers for iPhone 7 Due to Demand Outweighing Supply
Apple, in a statement provided to CNBC, has announced that it will not be releasing first weekend sales numbers for the iPhone 7 and iPhone 7 Plus, as it feels the results are "no longer a representative metric" due to demand outweighing supply.“We expect iPhone 7 and iPhone 7 Plus will be incredibly popular with customers and we are thrilled to begin taking pre-orders on September 9. Customers ...

Apple CEO Tim Cook Sells Another $28.7 Million in Stock
Apple CEO Tim Cook this week sold another $28.7 million worth of Apple stock, according to documents filed with the SEC.
Cook sold 269,993 shares at prices ranging from $105.95 to $107.37, netting himself a total of $28,703,590. Combined with the 334,000 shares he sold last week for nearly $36 million, Cook has liquidated approximately $65 million in stock over the course of the last few days.
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Apple Expects Appeal of Irish Tax Ruling to Take 'Several Years' With No Impact on Near-Term Financial Results
Following the European Commission's ruling that Apple received illegal state aid from Ireland, and must pay $14.5 billion in back taxes to the country, the company has published a new FAQ that addresses potential concerns investors may have about the decision and the effect on its bottom line.
Apple started out by confirming the decision is not final and that it plans to appeal. The company...

Tim Cook Reaches Five Years as Apple CEO, Unlocks Over $100 Million in Bonuses
Today marks the fifth anniversary since Tim Cook was named Apple CEO on August 24, 2011, the same day that late co-founder Steve Jobs stepped down as chief executive for the final time and recommended the board of directors appoint Cook as his permanent successor.
Upon reaching the five-year mark, Cook has today unlocked previously awarded stock bonuses currently worth over $100 million. The...

Apple's Chairman and Top Lawyer Cash in Combined $10M in Stock Bonuses
Apple chairman Arthur D. Levinson and general counsel Bruce Sewell recently sold approximately $7.6 million and $2.5 million worth of company shares respectively, according to SEC documents filed electronically this week.
Levinson sold 70,000 shares of common stock on August 9 for an average price of $108.68, while Sewell disposed of 23,305 shares for an average price of $107.49 on August 5....

Apple Forecasts Third Consecutive Revenue Decline Next Quarter
Apple today reported a negative-growth June quarter in iPhone sales and revenue, and its guidance for the fourth quarter of the 2016 fiscal year suggests that the downward trend is likely to continue through summer.
Apple expects fourth quarter revenue of between $45.5 billion and $47.5 billion, which would be up to 12 percent lower than the $51.5 billion in revenue it posted in the year-ago...

What to Expect From Apple's Third Quarter Earnings Results Today
Apple today will release its fiscal third quarter earnings results, reflecting a three-month period that ended in late June, and the consensus among analysts is that the company will report a second consecutive decline in iPhone sales and overall revenue. That same scenario played out last quarter for the first time since 2003.
In fact, some analysts have forecasted that iPhone sales may be...