All items tagged with "AAPL"

Carl Icahn Says AAPL Is ‘Extremely Undervalued’ After Phone Call With Tim Cook

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AAPL shares rose 5.6% in value today after word came out that billionaire investor Carl Icahn thinks the company is ‘extremely undervalued.’ The stock was trading above $493 a share after 3PM ET today — a nice $26 jump up from the stock’s closing price on Monday.

Icahn revealed on Twitter that he spoke briefly with Tim Cook today about the company’s future and that he’s decided to make a large position with Apple:

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Apple Shares Drop Below 400, As DOW Dives 220 Points

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AAPL shares have dropped below $400 in early morning trading on Monday. The DOW and NASDAQ both opened to big losses as they dropped 220 points and 53 points.

The share price drop may also be due in part to a report this morning that Apple has significantly reduced iPhone orders for the remainder of 2013. AAPL shares dropped below $400 in April for the first time in over 16 months.

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What The Price Of A 17-Inch PowerBook G4 In 2003 Would Be Worth Today In Apple Stock

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Many of us have old MacBooks and PowerBooks collecting cobwebs and dust bunnies in the back of our closets. It seems an ignominous end to a computer that we not only loved, but probably spent a lot of money on. Did we waste our cash on something little better than a dust collector?

That’s what TNW co-founder Patrick de Laive wanted to know, so he ended up asking himself what would have happened if he’d bought Aple stock back in 2003 instead of spending $3,299 for the 17-inch PowerBook G4 back in April of 2003. The answer is that today, he could buy a starter home with the money he’d have earned on AAPL, while a PowerBook G4 on eBay can be had for under $50. Woof.

Here’s What Apple’s iOS 7 Beta Testers Are Reading On The Web

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This is the cover of the favorite album of iOS 7 beta testers.

It’s not uncommon to see early versions of upcoming iOS and Mac releases pop up in server logs — we’ve seen occasional blips from iOS 7 and OS X 10.9 for a while now in our own server logs — but what is less common is actually looking over an iOS 7 beta tester’s shoulder and checking out what they’re interested in.

Yet that’s just what mobile site conversion company OnSwipe was able to do, analysing iOS 7 beta tester’s reading habits to get a better grip on what people at Apple are interested in.

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Apple Sells Record $17 Billion Worth Of Bonds To Finance Its Stock Buyback

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Despite having a mountain of cash overseas, Apple has decided it’d be cheaper for the company to go into debt for its stock buyback program, rather than bring the money back to the U.S. to be taxed.

After taking the initial steps yesterday toward offering bonds to investors, Apple opened up its order book today and plans to sell $17 billion worth of bonds. The six-part all dollar offering has already attracted more than $50 billion of orders within the first few hours, in what has become the largest non-bank bond deal in history.

According to a report from Reuters, Apple is offering $17 billion worth of bonds in the following six bond types to investors:

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Apple Is Going Into Debt To Finance Its $100 Billion Stock Buyback

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Last week, Apple announced its plans to return $100 billion in stock to investors over the next few years. The increase more than doubled Apple’s original capital return program of $45 billion. Quarterly dividend payments also increased 15%, or $3.05 per common share.

Apple may have a huge cash pile, but even the world’s most valuable company will have to go into debt to finance a return program of this size. It’s the first time Apple has borrowed since 1996.

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Infinite Loop, Finite Hooplah: What Apple’s Latest Earnings Really Mean [Feature]

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(Editor’s Note: This post originally appeared on Medium, Twitter co-founder Biz Stone and Evan Williams’ new publishing platform.)

Usually during Apple’s quarterly earnings calls, you have to read between the lines to guess what Apple’s really thinking. On Tuesday, all you had to do was read the actual lines, because Cupertino was remarkably candid for a change: there was no way that the Apple of 2013 could match the numbers of the Apple of 2012, but “new product categories” — like the iWatch — were going to blow the roof off the house in 2014. In the meantime, Apple needs investors to be patient… and they’re not above paying them off to make it happen.

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Apple’s Q2 2013 Earnings At A Glance [Charts]

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Apple has just announced the numbers for a quarter that most on Wall Street have declared to be doom. Apple has comfortably beat Street estimates, but still posted their first decline in year-over-year profit margins since 2008. What does it mean?

To help you make sense of Cupertino’s business this quarter, here’s a breakdown in easy-to-read chart form of everything from the growth of Apple’s revenues, profit and profit margins, to the rise and fall of Cupertino’s various product empires.

We even have a comparison of how Apple did this quarter compared to how Wall Street prediced Apple would do.

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Tim Cook: Declining AAPL Price Over Past Few Quarters Has Been Very Frustrating

Apple CEO Tim Cook showed his imprint on Apple during the company's financial call

Apple just released its Q2 2013 Financial results, and even though Apple beat its own estimates, Tim Cook started the Quarterly Financial Call on the defensive.

Cook started the call by explaining how exceptional Apple’s 2012 financial results were for Apple, so it’s hard for the company to improve sales this quarter. Then Cook commented on Apple’s struggling stock price by saying he’s “very frustrated” with the stock’s declining value the last few quarters, but they’re staying focused on the future.

Hoping to appease investors, Apple announced today that it will payback $100 billion to investors by 2015. Apple has yet to release a major product in 2013, but Cook reassured investors that Apple can’t wait to release new hardware and software this Fall and throughout 2014.

Summing Up The Crazy: What Today’s Apple Quarterly Earnings Actually Means

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Today at 2PM Pacific/5PM Eastern, Apple will announces its 2013 first quarter earnings. Cult of Mac will, of course, be covering it live, but here’s a very brief primer of what to expect.

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