Tag Archives: Shares

Apple spends $16 billion on shares in its own company

Billed as “Apple’s greatest acquisition ever”, it has emerged that in the last quarter, Apple spent $16 billion on 36 million shares in its own company, valued at around $444 each. A report from Fortune, calculated by Philip Elmer-Dewitt, suggests that Apple spent $4 billion from its massive cash reserves, and another $12 billion from its “accelerated…

Apple shares pick up, company ready to “change the narrative”

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 [VID]

Jake Rosati

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…

Apple stock hits its lowest point in 57 weeks

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…

TV set manufacturer Loewe’s share price rockets, as rumors of acquisition by Apple resurface

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 [VID]

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…

Sprint offering $2.1 billion for remaining stakes in Clearwire

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,…

Eddy Cue cashes in on Apple stock, collects $8.76M

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…