All items tagged with "Apple stock"

Greenlight Capital To Hold Conference Call With AAPL Shareholders Over Preferred Stock

The sage between prominent Greenlight Capital investor David Einhorn and Apple continues.

The saga between David Einhorn of Greenlight Capital and Apple continues.

Greenlight Capital’s David Einhorn is a very influential Wall Street investor who is going after Apple for proposing to allegedly eliminate preferred stock options from AAPL shareholders. Apple recently started issuing small dividends to investors, and preferred stock would entitle investors to fixed dividends instead of the fluctuating common-stock dividends.

Einhorn and Greenlight Capital will hold a conference call today with interested Apple investors to discuss their ideas on how Apple should use its massive cash pile.

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Apple Speaks Out: We Might Return Cash To Shareholders

Apple logo

Apple has been treading lightly with Wall Street in recent months. The company’s stock has continued to nosedive despite reporting record earnings for the last quarter. Many investors have been urging Apple to do something with its $137 billion cash hoard. Shareholders want a return on their investments.

Greenlight Capital, a prominent and influential Apple investor, has called Apple out for its proposal to eliminate preferred stock. Apple started paying a quarterly dividend of $2.65 per share last year, but investors want something more substantial. Greenlight Capital’s David Einhorn believes that “preferred shares would be a way to reward investors without putting the company at risk.”

Apple has officially responded with a press release:

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Apple Is No Longer The Most Valuable Public Company On Earth, And That’s Ok [Opinion]

Is Apple to blame for its sliding stock?

Is Apple to blame for its sliding stock?

It’s hard to forget the day that Apple surpassed Exxon Mobil to become the most valuable publicly traded company in the world. But a lot has happened to Apple’s stock since August of 2011. AAPL has ridden a chaotic roller coaster on the stock market. After announcing a record holiday quarter Wednesday with $54.5 billion in revenue and $13.1 billion in profits, AAPL dropped more than 10%. That’s more than $50 billion in market cap gone in a day. Poof.

Apple’s stock isn’t doing so hot, and after over a year in second place, today marks the day that Exxon Mobil dethroned Apple on Wall Street.

And that’s ok. This doesn’t mean that the company is doomed.

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Wall Street’s Predictions For Apple Tomorrow: This Could Be The Best Quarter Ever

Apple Store hype

Apple will announce its quarterly earnings for the 2012 holiday season tomorrow, and investors are nervous. The company’s stock has been on quite the roller coaster ride since its $700 high back in September 2012. AAPL is now trading right around $500, which is the lowest it has been in more than six months.

Recent reports have said that demand for products like the iPhone is faltering. That’s why it may come as a surprise that Wall Street expects Apple to have its best earnings report ever tomorrow. So is it a good time to sell AAPL? Now may actually be the best time to buy.

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Al Gore Buys $29 Million Worth Of Apple Stock Ahead Of Next Week’s Earnings

gore3

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.

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Apple Stock Continues To Slide As Analysts Await The ‘Next Big Thing’

Apple Stock Continues To Slide As Analysts Await The ‘Next Big Thing’

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.

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Apple Stock Hits 10-Month Low As iPhone Parts Orders Are Cut

Apple Stock Hits 10-Month Low As iPhone Parts Orders Are Cut

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.

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Apple Veteran Exec Bob Mansfield Cashes $20 Million In Stock

Apple Veteran Exec Bob Mansfield Cashes $20 Million In Stock

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.

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The Dramatic Rise Of Apple’s Profits, Revenes And Cash [Chart]

The Dramatic Rise Of Apple’s Profits, Revenes And Cash [Chart]

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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.

Analysts Disappointed That Apple Has “Only” Sold 100M iPads So Far

Analysts Disappointed That Apple Has “Only” Sold 100M iPads So Far

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.

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