Ben A. Reitzes, an analyst over at Barclays, made waves today when he increased his Apple (APPL) stock price target from $465 to $525. As far as reasons for the jump, Reitzes believes Apple will secure a ton of investors and customers by talking about new products again, starting with the annual WWDC conference in June. Apple is expected to demo iOS…
TiP Daily March 1, 2013: A new report suggests Apple could be announcing two new iPhones this August, a judge rules that Samsung doesn’t owe Apple as much as originally thought, and more! – Two new iPhones this August: http://tinyurl.com/b27fa59 – Samsung owes Apple less: http://tinyurl.com/b3r2dgj – Apple stock…
During the mid-morning today, AAPL stock hit a low point of 431.89 it’s lowest point since the end of January last year. That was the day before Apple hosted its Q1 2012 earnings call, when it hit $420.5. As I’m writing this, the stock is sitting at around 433.70 which – compared to the dizzying heights of September 2012′s high point of 720 – seems very…
Loewe is a television set maker located in Germany which has received a lot of press due to rumors that it may be acquired by Apple, which first surfaced in May 2012. The rumors have recently resurfaced, resulting in the company’s share prices shooting up 43% today. Last year, Loewe stated that there was ”absolutely nothing” to the rumors of Apple…
TiP Daily Jan 14, 2013: Apple’s stock has dropped following news that the company halved its iPhone 5 component orders, a new concept shows a quick and easy way to enable Do Not Disturb, and more! – Do Not Disturb concept: http://tinyurl.com/aeynyao – APPL stock drop: http://tinyurl.com/bzm7wst – Car drives in IL Apple…
Despite the holiday season being in full flow, and a whole host of new products entering the market, Wall Street is still being unkind to Apple. Hot on the heels of lowered expectations for Apple iDevice sales for 2013, news has come in reporting that AAPL stock has hit a 10-month low of just $509.79. That’s a drop of almost $20 just today. Considering…
With 11 million subscribers, Clearwire is one of the USA’s smaller carriers, and it has recently been approached by Sprint – the third-largest network in America – with an offer of $2.1 billion for the remaining stakes in the company. Sprint is already the majority shareholder in Clearwire, so the hefty offer is for the last 48.3% that Sprint doesn’t own,…
The big wigs at Apple must be planning some pretty costly holiday plans this year. Hot on the heels of news that Apple exec Bob Mansfield sold off about $20 million in Apple stock, we’re now learning that Eddy Cue, Apple’s SVP of Internet Software and Services, sold off about 15,000 shares of Apple, making just under $8.76 million. Cue is in charge…
An interesting Securities and Exchange Commission filing hit the web today. Apparently Bob Mansfield, Apple’s Senior Vice PResident of Technologies, sold 35,000 shares of Apple stock at $582.21 a share on Wednesday which, if you can do the math, amounts to a whopping $20.4 million dollars. This is a heft amount of money, but it’s nothing when you…
Dan Riccio, Apple’s new Senior Vice President of Hardware Engineering, sold $10.73 million in company stock this week. A total of 19,726 shares were sold, with another 1,000 given away as a charitable donation. The sales took place yesterday and today, and were detailed in a regulatory filing. This sounds like a lot, and you might think it’s the…
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