September 17, 2012: On the back of record iPhone 5 preorders of 2 million in 24 hours, Apple’s stock price hits a new all-time high. For the first time in history, AAPL breaks the $700 mark in after-hours trading. Passing the milestone cements Cupertino’s place as the world’s most valuable publicly traded company.
Amazingly, the new record is $270 a share higher than at the start of the year. Apple stock rose 65% in just nine months.
August 29, 2001: During a meeting, Apple’s board of directors awards CEO Steve Jobs new stock options that will become part of a stock-backdating scandal several years later.
When the matter eventually ends up in court, Apple’s former general counsel pays $2.2 million to settle charges that she backdated stock options for Jobs, herself and others — and created fake paperwork to hide this fact.
December 28, 2006: As the rest of the country enjoys a much-deserved holiday, Apple gets embroiled in a stock option “backdating” scandal.
The news, centered on the dubious awarding of stock options to CEO Steve Jobs, prompts Apple share prices to fall. Some people even suggest Jobs might need to step down as Apple’s leader. Fortunately, that doesn’t happen.
With a market capitalization above $3.6 trillion, Apple regained the title of world’s most valuable publicly traded company. The Mac-maker is valued well above Microsoft and Nvidia, both of which had been valued higher earlier this year.
A recent sharp rise in AAPL share value seems to indicate that investors are optimistic that a surge in iPhone sales is on the horizon.
This week on Cult of Mac’s podcast: Looks like we have a date for the next big Apple event: Mark your calendars for September 7! We’re expecting iPhone 14 and Apple Watch Series 8 — which both sound awfully familiar — and hoping for something surprising.
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Apple’s share price was up 0.5% at the end of trading on Monday, marking a 10th consecutive increase for the first time in more than a decade.
That’s despite reports that indicate Apple has been forced to slash iPhone SE 3 orders due to weaker-than-expected demand. But one analyst says investors are more interested in the performance of iPhone 14 later this year.
Apple is at it again, trying to retain top employees in a competitive marketplace by giving them big money. This time the Cupertino tech giant has handed out a round of special stock bonuses to a group of hardware and software engineers. The amounts range from $100,000 to $200,000.
Apple just became the first publicly traded U.S. company to be valued at a whopping $3 trillion. AAPL stock topped out at $182.88 a share Monday before dropping slightly, bringing the market cap back below the $3 trillion milestone.
It closed at $182.01, leaving Apple’s market cap at an astonishing $2.99 trillion. But it continued to climb once again in after-hours trading.
Competition for highly skilled engineers and programmers is fierce in Silicon Valley, and Apple’s answer is big bonuses for employees it really wants to hold on to. It reportedly rewarded some workers with up to $180,000 in company stock.
These were apparently unscheduled and not part of usual compensation packages.
A sharp rise in Apple’s share price allowed the Mac-maker to regain the title of publicly traded company with the highest market capitalization n the world. It beat out Microsoft, who’d held the top spot for less than a month.
An unconfirmed report of Apple’s aggressive plans to make self-driving cars helped drive a 6% increase over the past week.
Apple CEO Tim Cook is one of the best paid U.S. executives according to a new report. He pulled in a whopping $265 million in 2020 from his salary, bonus, and stock awards.
But that’s chump change compared to what Elon Musk made.
This week on The CultCast: Next-gen AirPods might bring massive changes — we’ll tell you what we know!Plus: The original HomePod remains absolutely outstanding, but the new Intercom feature needs work. And we’ve got another update on Erfon’s $100,000 AAPL stock investment!
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This week on The CultCast: Don’t miss our one-week reviews of Apple Watch Series 6! We’ll tell you if it’s worth upgrading. Plus: Multiple sources are now confirming a second Apple hardware event coming October 13, where a new “iPhone 12 mini” may be announced — we’ll tell you what we know. And stick around for more Apple stock talk! Erfon reveals what his big investment is worth now, following this month’s depressing AAPL stock plummet, and we’re talking real numbers.
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This week on The CultCast: It’s a battle of the titans! Fortnite developer Epic Games takes Apple to court over its App Store policies, and the dev just might get its way. Plus: Apple and its stock hit another astonishing milestone; Jon Prosser was right — Apple has begun rebranding Beats; and Apple TV+ finally makes the move we’ve been waiting for: bundling premium channels for one low price.
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This week on The CultCast: New Apple hardware is incoming, and thanks to a reliable leaker, we might know the release dates for iPhone 12, Apple Watch Series 6 and more. We’ll tell you what to expect. Plus, it’s Apple stock adventure, part 2! I talk about my massive Apple stock purchase, including how much I spent, why I’m buying in now, and how much my investment is now worth. We talk real numbers!
And if you’ve been thinking about getting a new Mac with the butterfly keyboard, don’t do it until you hear this episode, cause with COVID-19 shutdowns, keyboard repairs are now a total nightmare.
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This week on The CultCast: The brand-new iMac may look the same, but it’s so powerful that video editors are gleefully buying two or three at a time — we’ll tell you everything that’s new.
But look, forget buying the shiny new iMac, and put your money in Apple stock instead! I’m going all in on AAPL. Find out why I’m about to dump a huge cash stockpile into Apple stock, and the cash value of my current investments. We’re talking real numbers here, people.
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Apple’s board of directors has approved a four-to-one stock split, the company said Thursday. AAPL stock, which closed Thursday at $384.76, should go for around $100 a share when the split occurs in late August.
The news, revealed in Apple’s blowout Q3 2020 earnings report, means investors with one share at close of business on Aug. 24 will be given three additional shares trading at one-fourth the price. It’s basically a psychological move that makes Apple stock seem more affordable.
The Gates Foundation, the charitable organization belonging to Bill and Melinda Gates, snapped up more than half a million Apple shares during the first three months of 2020, a new report claims.
According to an SEC filing, reported by Smarter Analyst, the largest private foundation in the world purchased some 501,044 Apple shares in the first quarter of 2020. At present, AAPL is trading at $320.40, having made back the value it lost during the coronavirus pandemic.
President Trump’s declaration of a national emergency provided some much-needed relief to Apple’s stock price just before the market closed this afternoon.
Apple shares jumped up over $20 in value during the last 30 minutes of trading today, just after President Trump announced that the U.S. government will free up $50 billion in federal resources to combat the COVID-19 outbreak.
Despite selling off nearly $1 billion worth of Apple shares earlier this month, Berkshire Hathaway CEO Warren Buffett is still bullish on the iPhone-maker.
Warren told CNBC he wishes he bought Apple shares before he did. Buffett is so hyped on Apple he finally ditched his old flip phone and bought an iPhone.
One of the most bullish Apple analysts is predicting that the iPhone-maker’s stock price still has plenty of room to rise.
Apple shares hit an all-time high of $300 last week and currently trade just under that mark. In his latest note to investors, Wedbush analyst Daniel Ives is predicting huge gains for AAPL in 2020, but not all analysts are nearly as optimistic.
Apple just lost the title of world’s most valuable publicly traded company. But not because it had a terrible day on the stock market. The change happened when Aramco, a huge Saudi Arabian oil company, went from private to public.
Apple’s decade-long run as the company with the world’s largest cash pile has finally come to an end.
Financial paperwork filed by Apple and Google’s parent company Alphabet revealed that the search engine giant now has $15 billion more in the bank than the iPhone-maker does.
Apple unleashed its best-ever Q3 earnings report today, and traders subsequently sent the company’s stock soaring in after-hours trading.
Thanks to record-breaking revenue from its services business and strong growth from wearables, Apple is heading into its most important period of the year ready to cash in. Investors had plenty of questions for CEO Tim Cook and CFO Luca Maestri during today’s call. And the duo revealed some key tidbits we actually weren’t expecting.
Record-breaking revenue put Apple right in line with Wall Street expectations as the company released its Q3 2019 earnings report today.
The iPhone-maker brought in $53.8 billion in revenue, a number within range of its own guidance and most analysts’ predictions. That set a new record for Apple third-quarter revenue — a slight gain from Q3 2018’s $53.3 billion. CEO Tim Cook touted the company’s subscription offerings for fueling the new all-time high.