No one tell former Vice President Al Gore that it’s a bad time to buy AAPL. He just exercised a big chunk of his Apple stock options, walking off with $29 million worth of shares at a steep discount.
All items tagged with "Apple stock"
After months of steady growth, Apple stock hit an all-time high of $705.07 in late September, and it seemed there was no sign of stopping it from breaking through the $1,000 barrier and making Apple the world’s first trillion dollar company. Take a look at the market today, however, and it paints a very different picture.
Apple stock fell a whopping 25% in November, and on Friday, it hit a ten-month low. Today, shares dipped below the $400 mark. This is despite the recent launch of the iPhone 5 and the iPad mini, both of which appear to be selling incredible well. Can the Cupertino company put an end to this nasty slide? Analysts don’t think so.
Apple just unleashed the iPhone 5 on China today so things should be going really well for the company on Wall Street as well, but they’re not. According to initial reports, the debut of the iPhone 5 has been somewhat muted thanks to a snowstorm hitting Beijing and a pre-order requirement to prevent rioting.
Adding to Apple’s pain, the company’s stock hit a 10-month low today and is trading at $511.58 – the lowest its been since February.
Longtime Apple executive Bob Mansfield just had a big pay day, according to a new filing with the U.S. Securities and Exchange Commission. Mansfield just cashed in 35,000 shares of Apple stock valued at $582.21 per share, earning him $20.37 million.
After announcing his retirement but then staying on at Apple to lead the company’s mysterious new “Technologies” group, Mansfield now reports directly to CEO Tim Cook. He’s just as instrumental to the company’s success as ever.
Apple’s revenues, profit, and cash hoard continues to grow. Even though the amount of profits Apple earned in Q4 2012 is down from Q3, their stash of cash has grown. Looking at Apple’s growth over the last 15 years, it’s incredible to see how Apple continues to grow like crazy.
When Tim Cook jumped on stage yesterday and ran through all the little statistics about how extremely successful Apple’s been over the last few months, he put some added emphasis on the fact that Apple just sold their 100 millionth iPad.
100 million iPads in just over two years is absolutely nuts. 100 million of any product sold in two years is insane. But it turns out that analysts weren’t thrilled that Apple just sold their 100 millionth iPad two weeks ago, because it means iPad sales are starting to decline when analysts were expecting them to sell more.
Apple stock has been climbing rapidly towards $700 per share since the iPhone 5 was announced Wednesday, September 12th. Now, less than a week after the announcement from Apple, AAPL has hit $700 in after hours trading, marking an all-time high.
Despite iPhone 5 naysayers, Apple remains the most valuable company in the world by a large margin.
Apple announced a $45 billion stock dividend and repurchase plan back in March, and the company starts paying its investors today, August 16th. $2.65 per share will be payed out for all owned shares of record as of Monday, August 13th.
Today marks the first dividend Apple has payed out since 1995. If you own Apple stock, you should see the payment deposited in your brokerage account before the day is over.
Next week, the iPhone will launch on three additional U.S. regional carriers. This move follows last month’s roll out to five regional carriers plus last year’s addition of C Spire and Puerto Rico-based Claro Puerto (Apple’s first deasl with regional carriers).
Apple’s regional expansion prompted Morgan Stanley analyst Katy Huberty to issue a note to investors saying that the new partnerships will help ensure sustained iPhone growth. She also noted that she doesn’t expect to see carriers dropping subsidized pricing for the iPhone – a concern that has also made investors hesitant when it comes to Apple.
If you want to know what we really think the next iPad is going to be like, you need to give episode 2 of The CultCast a listen. The Cultcast is the new Cult of Mac podcast and also happens to be the best 30 minute conversation you’ll hear about Apple all week long.
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