AAPL

By MacRumors Staff

AAPL Articles

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Apple Stock Forecasted to Rise as Lifetime iPhone Sales Reach 1 Billion

Monday July 25, 2016 7:09 am PDT by
Apple will report its fiscal third quarter earnings results tomorrow, and both the company and analysts project a year-over-year decline in iPhone sales and overall revenue for a second consecutive quarter. Apple expects third quarter revenue of between $41 billion and $43 billion, which would be up to 18 percent lower than the $49.6 billion in revenue it posted in the year-ago quarter. The...
AAPL Q3

Apple Stock Rises Above $100 Per Share For First Time in Six Weeks

Monday July 18, 2016 8:49 am PDT by
Apple shares rose above $100 in intraday trading today for the first time since June 6, just weeks after the stock hit its latest bottom around the $92 mark. AAPL is up over 1 percent on the day at the time of publishing, contributing to a slight rise in the Dow Jones stock index on the day. ALERT: Apple shares just rose above $100 per share for the first time since June 6 https://t.co/C9RCFmaq9 ...
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Apple's 'Doom and Gloom' Sentiment Reaches 'Extreme Levels,' but iPhone Sales Should Hit Bottom This Quarter

Wednesday June 8, 2016 11:16 am PDT by
Apple analyst Brian White of Wall Street brokerage firm Drexel Hamilton has issued a research note to investors in which he estimates that Apple will reach a bottom in iPhone sales, and overall revenue and profit, in the third quarter of the 2016 fiscal year, a three-month period that ends in late June. White claimed that all of Apple's supply chain partners that his firm tracks reported May...
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Google Again Surpasses Apple as Most Valuable Company in the World

Thursday May 12, 2016 8:55 am PDT by
With Apple shares dipping below $90 this morning, Google's parent company Alphabet briefly overtook Apple as the world's most valuable company hitting a market cap of $498 billion compared to Apple's market cap of $494 billion. Apple and Google shares continue to fluctuate and the two companies are neck-and-neck for the top valuation, but Google remains in the lead. Apple's stock has seen...
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Apple Forecasts Another Revenue Decline Next Quarter

Tuesday April 26, 2016 2:13 pm PDT by
Apple today reported its first year-over-year decline in quarterly revenue since 2003, and its guidance for the third quarter of the 2016 fiscal year suggests that the downward trend is likely to continue. Apple expects third quarter revenue of between $41 billion and $43 billion, which would be up to 18 percent lower than the $49.6 billion in revenue it posted in the year-ago quarter. The...
Apple down

Apple Forecasted to Report First Quarterly Revenue Decline Since 2003

Tuesday April 26, 2016 5:42 am PDT by
Apple is set to announce its financial earnings results for the second quarter of the 2016 fiscal year at 1:30 p.m. Pacific, and the consensus among analysts is that the iPhone maker will report its first quarterly revenue decline in over a decade. Wall Street analysts project that Apple will report revenue of around $52 billion, or nearly a 10-percent decline compared to the year-ago quarter. ...
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Apple's New Hardware Chief Johny Srouji Awarded Nearly $10 Million in Stock

Tuesday December 29, 2015 5:07 am PST by
Apple's newly promoted Senior Vice President of Hardware Technologies Johny Srouji was awarded 90,270 restricted stock units on October 5, 2015, according to a recent filing with the U.S. Securities and Exchange Commission. The RSUs awarded vest 12.5% in semi-annual installments over a four year period ending October 2019. Srouji now has a total of 217,305 RSUs and 101,881 common stock units,...
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Tim Cook and Eddy Cue Receive Combined $94 Million in Apple Stock

Wednesday August 26, 2015 8:23 am PDT by
Apple CEO Tim Cook and Senior Vice President Eddy Cue received 560,000 and 350,000 restricted stock units respectively this week, worth a combined $93.8 million based on AAPL's closing price of $103.12 on Monday, according to a pair of filings with the U.S. Securities and Exchange Commission. Tim Cook and Eddy Cue at an Apple Store in 2014 (Image: Bloomberg) Cook was awarded with 280,000...
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Apple Shares Drop Below $100 Amid Wider Stock Market Downturn [Updated]

Monday August 24, 2015 5:54 am PDT by
Apple shares dipped below $100 in pre-market trading today amid a wider Dow Jones and stock market downturn, with AAPL fluctuating around the $98-$100 mark prior to the Nasdaq and New York Stock Exchange opening bell at 9:30 AM Eastern. Apple shares last dropped below $100 in October 2014, four months after opening at $92.69 following a 7-for-1 split that took effect in June 2014. AAPL dips ...
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Apple Predicted to Beat Expectations in Third Quarter on Strong iPhone Sales and Growth in China

Thursday July 16, 2015 10:56 am PDT by
Less than one week before Apple's third quarter fiscal results are released on July 21 at 2:00 PM Pacific, multiple research firms and analysts have released earnings previews for the three-month period ending June 30. The consensus is that Apple will report another quarterly earnings beat based on stronger than expected iPhone sales and continued year-over-year growth in China. Apple...
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Carl Icahn Still Believes in Apple HDTV as AAPL's Market Cap Surpasses $750 Billion

Tuesday May 19, 2015 12:07 pm PDT by
Activist investor and billionaire Carl Icahn, during an interview with CNBC today, expressed confusion over The Wall Street Journal's recent report claiming that Apple scrapped its plans for a full television set more than a year ago. Icahn and his investment firm Icahn Enterprises remain confident that Apple will enter the television and automotive spaces, even as analyst Gene Munster admits he...
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Apple Forecasted to Report Double-Digit Growth in Second Quarter as Sales Remain Strong

Monday April 27, 2015 1:10 pm PDT by
Apple will report its financial results later this hour for the second quarter of the 2015 fiscal year, a three-month period spanning January through March that directly followed the holiday shopping season. Apple has offered guidance of between $52 billion and $55 billion in quarterly revenue, while the average of all analysts combined forecasts the company's revenue during the quarter...
Apple Stock February 2015

Apple Shares Continue to Surge as Record-Breaking Market Cap Passes $720 Billion

Wednesday February 11, 2015 8:25 am PST by
Apple shares are currently valued at roughly $124 each in intraday trading, giving the Cupertino-based company a record-breaking market cap exceeding $720 billion. Apple stock continues to rise after the iPhone maker became the first U.S. company to close with a market cap over $700 billion on Tuesday, the same day in which CEO Tim Cook spoke live at the Goldman Sachs Technology and Internet...
Canaccord Mobile Profits

Apple's Share of Mobile Phone Profits Rises to 93% on iPhone 6 Launch

Monday February 9, 2015 7:10 am PST by
The latest numbers from Canaccord Genuity reveal that Apple accounted for 93% of mobile profits during the fourth quarter, leading the financial services company to raise its price target on Apple shares from $135 to $145. The firm also predicted that iPhone adoption could grow to 650 million users through 2018 as more smartphone owners upgrade to the iPhone 6 and iPhone 6 Plus. Barron's...
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Apple Shares Reach New High Point Following Record-Breaking Quarter

Friday January 30, 2015 7:01 am PST by
After opening Friday morning, shares of Apple stock briefly grazed the $120 per share mark, setting a new record high for the company in the market (via AppleInsider). AAPL is currently trading around the $119 mark as of writing, giving the iPhone maker a nearly $700 billion market cap. Apple announced its earnings for the first fiscal quarter of 2015 on Tuesday, reporting $74.6 billion...