All items tagged with "Apple stock"

AAPL was 2nd most purchased stock by hedge funds in Q2 2014

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AAPL is back in a big way. After breaking an all-time high of $100.53, the price of Apple shares have continued to climb upward, and according the a WSJ report, hedge funds are piling onto the stock in droves.

Over the second quarter of 2014 henge funds have purchased $855 million in new positions in Apple, giving AAPL the second highest level of new buying activity among S&P 500 stocks.

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Tomorrow’s Apple earnings are just the calm before the storm

Tim Cook leaves the stage at the end of the 2014 WWDC keynote. Photo: Roberto Baldwin/The Next Web

Tim Cook onstage at WWDC 2014. Photo: Roberto Baldwin/The Next Web

Don’t expect anything too exciting from Apple’s third quarter earnings tomorrow.

This is Apple’s slowest part of the year. The summer slump means no new hardware, which means no explosive sales growth. But that’s alright, because the best is yet to come.

Tim Cook and co. have promised that truly epic things are coming in the fall, and Wall Street is actually excited about Apple again.

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CultCast: Details on Apple’s big split, plus how to save on your next Mac

CultCast: Details on Apple’s big split, plus how to save on your next Mac

We never thought they’d do it, but Apple is splitting their stock 7-to-1—and on our newest CultCast, we discuss that and other surprising (and non-boring) notes from their recent financial call. Plus, the best way to get the Apple stuff you want at lower prices; OS X betas now available to all; Apple Maps spots Nessie; Apple celebrates Earth Day with some great new marketing; why we’re crazy about Apple Campus 2; and forget Ashton, how about Leonardo DiCaprio as the next Steve Jobs?

LOL your way through each week’s best Apple stories! Stream or download new and past episodes of The CultCast now on your Mac or iDevice by subscribing on iTunes, or hit play below and let the audio adventure begin!

And thanks to our friends at New Relic for sponsoring this episode. Yes, New Relic, the all-in-one web application performance management tool that lets you see performance from the end user experience, through servers, and down to the line of application code. Put simply, New Relic helps the people who build modern software understand the stories their data is trying to tell them. If you’re ready to make your software run better, head over to http://newrelic.com/cultcast for a free 30 day trial.

CultCast: Details on Apple’s big split, plus how to save on your next Mac

Click on for the show notes.

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Icahn Do It Anymore: Activist Investor Drops Call For Apple Stock Buyback

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Carl Icahn has backed off campaigning Apple to increase its stock buyback — citing the company’s recent repurchases, along with influential proxy adviser ISS’s call against his proposal.

In a letter directed to Apple shareholders, Icahn noted that he was ditching his non-binding proposal to get Apple to add a further $50 billion to its buyback plan — down from the original $150 billion he was initially requesting.

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Icahn Plows Another $500 Million Into Apple, Taking Total Investment To Over $4Bn

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Regardless of whether you think Apple’s falling share prices are justified or the result of bozos who don’t understand how Apple works, one person is seemingly happy with the immediate response to Apple’s recent financial quarter: Carl Icahn.

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Apple Share Prices Fall After Wells Fargo Downgrades Its Rating [Report]

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Apple’s shares closed at 1.4 percent lower for Tuesday’s trading — ending the day at $553.13.

The reason in a nutshell: that Wells Fargo changed its rating for Apple from “outperform” to “market perform”. While this downgrade wasn’t accompanied by a change in valuation (which remains in the $536 to $581 range) the rating essentially shifts recommendation away from “buy” to “neutral” (which actually means “sell”).

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Carl Icahn Is A ‘Johnny Come Lately,’ Says Apple Investor

Credit: Tactus.com

Credit: Tactus.com

Would Carl Icahn’s memoirs be titled How To Lose Friends And Influence People?

Activist investor Icahn has been proving divisive in recent months by spearheading a campaign to get Apple to carry out a $150 billion stock buyback (which he later dropped to “just” $50 billion).

Well, it’s difficult to be as outspoken as Icahn without certain other investors speaking out about you — and that’s exactly what Anne Simpson, head of corporate governance at the California Public Employees’ Retirement System, has done.

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Good News Pushes Apple Stock to Highest Close in Almost a Year

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Apple stock closed at a new 2013 high on Tuesday — rising 2.7 percent (or $15) over the course of the day to finish at $566.32.

For those keeping score, that’s the best close Apple’s stock has had since December 4, 2012, and means that the company is up by 6 percent so far this year — although still down on the $700 all time high which accompanied the iPhone 5.

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Rogue Trader Winds Up In Jail After Fraudulently Purchasing $1 Billion Of Apple Stock

jokermoney

If you’re looking for a way to get rich overnight, here’s an idea: somehow borrow $1 billion without anyone knowing what you’re doing, invest it all in Apple shares the night before an earnings call (when the stock price is all but guaranteed to rise), immediately sell the next morning, return the original capital, and then pocket the profit without anyone the wiser.

Sound too straightforward to be true? That’s because it is — although that didn’t stop 40 year old trader David Miller from trying the stunt back in 2012.

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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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