The big changes coming to iPhone 8, this week on The CultCast

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According to new reports, iPhone 8 is getting the big changes you've been waiting for.
According to new reports, iPhone 8 is getting the big changes you've been waiting for.
Photo: Ste Smith/Cult of Mac

This week on The CultCast: According to new reports, the iPhone 8 will get a huge makeover with an edge-to-edge screen, wireless charging, a huge battery and more. We’ll tell you everything we know. Plus: A 4K Apple TV is on the way; our favorite TV shows from days of yore; and the search for the perfect corn dog.

Our thanks to Squarespace for supporting this episode. It’s simple to accept Apple Pay and sell your wares with your very own Squarespace.com website. Enter offer code CultCast at checkout to get 10 percent off any hosting plan.

Apple stock hits all-time high

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apple stock price
AAPL shares on the rise.
Photo: Buster Hein/Cult of Mac

It’s a great time to be an Apple shareholder.

Aided by a increased confidence rating from Goldman Sachs, Apple shares hit an all-time high today, with the price jumping to $133.76 per share before closing just above the company’s previous record of $132.54, set on May 17, 2015.

Apple stock surges on record-breaking Q1 2017 earnings

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AAPL stock chart
Apple's stock surged in after-hours trading after the company announced record-breaking Q1 2017 results.
Photo: Google Finance

Apple’s stock saw a big surge after the company announced record-breaking earnings for Q1 2017.

AAPL was up almost 3 percent in after-hours trading to $124.50. Apple stock has been climbing recently but was depressed in anticipation of today’s results.

Apple expected to announce record revenues today

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money
Apple's earnings call will take place later today!
Photo: Ste Smith/Cult of Mac

Apple has its first quarter earnings call for fiscal 2017 today, and if you’re an investor — or just an Apple fan — signs point to it being a great one.

With revenue having declined year-on-year for the past three quarters, investors expect today’s announcement to reveal that Apple is rebounding.

World’s largest investment firm goes even bigger on AAPL

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moneyapple
BlackRock now owns 6.1 percent of Apple's outstanding shares.
Photo: Ste Smith/Cult of Mac

BlackRock, a.k.a. the world’s largest asset manager, has just made a massive investment in Apple, according to its latest Securities and Exchange Commission filing.

The firm upped its investment in Apple to a whopping 322 million shares, meaning that now owns the equivalent of 6.1 percent of Apple’s outstanding shares — with a current monetary value of $38.4 billion.

Today in Apple history: Apple suffers first quarterly loss since Jobs’ return

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Apple is heading toward a $1 trillion market cap. Photo: Pierre Marcel/Flickr CC
Apple's stock price fell as a result of the news.
Photo: Apfellike

Dec6December 6, 2000: Apple’s stock price falls after Apple Computer posts its first quarterly loss in three years, since Steve Jobs’ return to the company.

Shares tumble $3 to just $14 a share as some doom-predicting pundits worry that the big Apple comeback story is screeching to a halt.

Little did they know…

Apple stock blows up as Samsung kills Galaxy Note 7

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money
Apple owes Samsung a fruit basket.
Photo: Jim Merithew/Cult of Mac

Apple stock has hit its highest share price in almost one year to coincide with the news that Samsung is permanently withdrawing its ill-fated Galaxy Note 7 from the market.

AAPL shares rose 2.3 percent to hit $116.72 last night, representing an increase of $2.66 per share. This rise was the highest for Apple shares since December 2015.