Tag Archives: AAPL

AAPL climbs $18 following China Mobile announcement

Following the confirmation that Apple’s iPhone would be launched on China Mobile’s 3G and 4G networks in the new year, AAPL has climbed 18 points. Apple made the official announcement yesterday, following last weeks uproar over the iPhone launch that never was. The launch was rumored to be taking place on December 18, but when the event didn’t…

AAPL closes at highest price since January

AAPL achieved its highest close since the earliest days of January yesterday, when the stock closed at $533.10, on Tuesday 26. Apple’s stock is now up 2 percent on its value at the start of the year, and has risen 20 percent since the summer. Obviously, Apple is still a fairly long way off its September 2012 high of $700 a share, which dropped by 30…

Fraudulent AAPL shareholder gets 30 months in jail

A former Rochdale Securities trader, David Miller, has been jailed for 2 and a half years today, having been found guilty of fraudulently buying AAPL shares. Miller cashed in on a client’s order, gaving taken notice of a forecasted rise in the stock. He took a client order for 1,625 AAPL shares, then shifted the decimal point 3 places, actually…

Carl Icahn pushes for $150B buyback in letter to Tim Cook

Billionaire investor Carl Icahn has been urging Apple to implement a $150 Billion buyback plan for some time. Now, he’s pushing harder with a letter to Apple CEO Tim Cook outlining the plan. The full text of the letter has been uploaded to Icahn’s new website and states the reasoning behind the buyback: The S&P 500 trades at roughly 14x…

AAPL stock down following WWDC keynote iOS 7 reveal. Sigh…

If there’s one particular group of people I aim my frustration and disbelief at often it’s analysts and investors. And, there’s yet more evidence that when it comes to expectations from Apple, they got it completely wrong again, and it’s affected Apple’s stock market value. Since January we’ve been reading and dismissing rumors of crazy rumors like…

Apple Q2 2013 earnings call today at 5pm Eastern/2pm Pacific/10pm BST

Today is the day Apple will unveil its Q2 2013 results to the public. Tim Cook will almost certainly hold the call which kicks off at 5pm Eastern time (2pm Pacific/10pm British Summer Time). Up until now, all we’ve heard are estimates and changing figures from some of the industry’s analysts. Some figure Apple is somehow doomed or being killed by other…

Apple Q2 profit predicted to fall for the first time in 10 years

Apple is virtually unrecognizable from the company it was 10 years ago. It was on the steady way up following a shaky patch at the beginning of the century. It had the iPod, new iMacs and iTunes. It was to be 4 years before the iPhone arrived. Since then, every financial quarter has been better than the same three-month period year-on-year. It’s an…

AAPL at lowest price since 2011: $400 per share

Following the opening bell on Wall St this morning, Apple’s stock has reached its lowest price since 2011, briefly dipping to a low of $400 per share. The price marks a spiral of decline ever since Apple’s record highs of over $700 per share at the beginning of 2012. Apple’s stock price has now come full circle since Tim Cook grabbed the top job,…