Apple stock is hitting its highest value in history — and could be poised to surge a whole lot higher.
After analysts at Raymond James raised their price target to $280, AAPL rose 2% to start the week strongly. It is currently trading at $240.51. However, Piper Jaffray chief market technician Craig Johnson thinks it could well rocket past $300.
Apple’s market cap has taken one heck of a beating over the past six weeks. But it’s far from alone.
A new report notes that tech’s FAANG stocks (that’s Facebook, Apple, Amazon, Netflix, and Google) have lost a combined $728 billion of their combined value in one-and-a-half months. That’s slightly more than the GDP of Saudi Arabia and only a bit less than that of the Netherlands.
The race to become the world’s first $1 trillion company is nearly complete with Apple share prices soaring on the stock market today.
Trading of AAPL stock hit 187.60 per share during the morning trading hours today, putting the company just $55 billion under the coveted $1 trillion market cap mark.
Apple Music’s biggest competition is about to get an influx of Wall Street cash.
Spotify finally filed documents for an initial public offering, after rumors of going public had been floating around for years. According to reports, the company could be worth as much as much as $23 billion, but it’s still not profitable.
Apple’s market value has fallen $46 billion in a week amid reports that iPhone X isn’t selling.
A growing number of analysts and news outlets have claimed that Apple is cutting production due to weaker-than-expected demand for its flagship device. The Wall Street Journal is the latest to corroborate the claims.
With the exception of a few software-related blips, Apple has had an incredible 2017 — but its phenomenal run of success could be coming to an end, claims one analyst.
Nomura Instinet analyst Jeffrey Kvaal has lowered his recommendations concerning AAPL from “buy” to “neutral,” suggesting that the current share price adequately reflects iPhone X sales.
Apple’s foray into autonomous cars could eventually put rental car companies out of business, but for now, Apple Car rumors are doing wonders for Hertz which just saw its stock price skyrocket thanks to some new rumors.
Some of the world’s biggest investors have ditched their Apple shares lately, but where others see doom and gloom Warren Buffett sees an opportunity to make some serious money.
Warren Buffet’s legendary investment firm Berkshire Hathaway has taken a large position in Apple stock, scooping up 9.81 million shares, worth about $1.07 billion.
Apple’s Q2 2016 earnings have been disasterous for the company’s share price, as AAPL stock suffered its worst week in three years.
Wall Street has suddenly soured on Apple, including Carl Icahn, who revealed earlier this week that he dumped all of his shares. With investors offloading shares, the company watched its market capitalization shrink by $65 billion in a mere three days, which is about the equivalent of Cambondia’s net wealth.
Apple’s biggest cheerleader on Wall Street, Carl Icahn, is getting rid of all of his AAPL shares after the iPhone-maker reported its first year-over-year decline in revenues for the first time in 13 years.
The iconic investors has insisted for years that Apple shares are grossly undervalued and has made over $3.4 billion investing in Apple. Now Carl is throwing in the towel even though he still thinks the stock is ridiculously cheap.
Apple’s Chief Operating Office Jeff Williams and Chief Financial Officer Luca Maestri both dumped large amounts of AAPL stock this month — prompting speculation that those inside Apple aren’t confident that the share price is bouncing back to all-time high levels any time soon.
Although, as usual, such fears are almost certainly greatly exaggerated.
Apple’s been known as the world’s most valuable company ever since 2013, but it could soon be overthrown depending on how well its earnings call goes this coming Tuesday.
Apple stock opened morning trading today below $100, marking the first time it has dipped below this level since October 2014 — shortly after Apple introduced the iPhone 6.
You might remember that on Monday, AAPL stock had a bit of a bad day before rebounding. It wasn’t just a bad day for Apple stock, though: Fueled by fears of a total collapse of the Chinese stock market, the whole S&P 500 collapsed that day.
In the first 24 hours, only Apple rebounded. It’s proof positive of Apple’s fabled “reality distortion field.”
Apple’s stock price fell off a cliff this morning, trading below $100 a share for the first time all year. The best time to buy AAPL shares all year was at 9:30 a.m. today, when the stock opened at $94.87 — before Tim Cook intervened.
Cupertino claimed the title of world’s most valuable company earlier this year, but according to some bullish Wall Street analysts, Apple could soon become the world’s first trillion-dollar company.
In a note to investors today, Cantor Fitzgerald analyst Brian White increased his target price for Apple shares to $180, putting his estimations well above other analysts’ expectations. Apple shares’ value will increase 40 percent over the next 12 months, according to White’s report.
While Apple naysayers have pointed to slumping iPad sales and the unclear future of the Apple Watch as signs that Apple is weakening, White gives three key reasons why Apple is poised to break the trillion-dollar barrier.
Apple officially joined the Dow Jones Industrial average today, placing the world’s most valuable company among historic brands like Coca-Cola, Boeing and 3M. But Apple’s first day with the big boys isn’t getting off to a great start.
Shares of GoPro stock plummeted as much as 15% this afternoon after it was announced that Apple was awarded a patent that could put the wearable camera company in serious trouble.
Apple was granted a series of 34 patents by the U.S. Patent and Trademark Office today relating to a camera system that can be mounted to helmets and scuba masks and controlled remotely. That patent specifically mentions weaknesses in GoPro’s system, which has sent investors worrying that Apple is aiming to crush the sports camera giant.
Apple shares took an inexplicable beating from investors on Monday morning, leading to the stock’s single biggest fall since January 28th, 2014. And no one really know why.
An unusual spike in trading volume this morning sent the price of AAPL shares falling as much as 6.4 percent to $111.27 in early trading this morning, leading to a loss of more than $40 billion in market value in just a few minutes.
AAPL shares have finally completed the long climb back to 2012 levels today, closing at an all-time high of $100.53 per share.
The stock’s 1.4 percent rise today was aided by bullish reports from both RBC and Morgan Stanley claiming Apple’s Fall lineup is going to be more extraordinary than ever this year as Apple puts the final preparations on the iPhone 6.
It’s been a long wait for Angela Ahrendts to finally join Apple, but as the new VP of Retail just took office last week, Apple decided to make her move from fashion to tech much sweeter by granting her stock options worth a whopping $68 million.