Apple shares shoot up after Trump declares national emergency


Apple Oriocenter 2
Finally, some good news for Apple this week.
Photo: Apple

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.

Apple stock may have further to fall before it’s considered a bargain


AAPL may not be the best investment right now.
Photo: Laurenz Heymann/Unsplash

Apple shares, like the broader stock market, are taking a coronavirus-induced plunge. But when is the right time to buy in order to secure yourself a bargain?

Not right now, claim analysts who spoke with CNBC. Although AAPL is currently down around $70 from its February high of $327.20, analysts think there’s further for it to fall.

Today in Apple history: Apple market cap breezes by Walmart


Apple could be a $2 trillion company by end of 2021
At this point, a $200 billion market cap seems almost quaint for Apple.
Photo illustration: Ste Smith/Cult of Mac

March 12: Today in Apple history: Apple overtakes Walmart in value March 12, 2010: Apple passes Walmart and investment firm Berkshire Hathaway in value to take third place in market capitalization among publicly listed U.S. companies.

Apple’s valuation roars past $200 billion as a result of intense excitement over the first-generation iPad. Things look good for the company as it guns for powerhouses ExxonMobil and Microsoft.

Here’s how much a $1,000 investment in Apple in 1980 would be worth today


Talk about a bet that paid off. A $1,000 investment in the Apple IPO would be worth $651,000 today.
Talk about a bet that paid off.
Photo: Amanda Jones/Unsplash

At $1.3 trillion these days, Apple’s a pretty darn valuable company. But how much could you have netted had you been smart enough to invest in the company in December 1980 when the stock first went public?

Obviously that depends on how much you’d have invested in the Cupertino computer company, and how long you had the nerve to keep the stock. A new report by CashNetUSA ran the numbers for a $1,000 investment in 1980. And, well, you’d be pretty happy with the results.

Apple’s shares just rose by more than market cap of Nike and Spotify combined


Apple stock is up a few percentage points just doesn't have the same ring to it.
Photo: Ste Smith/Cult of Mac

It’s easy to forget just what a crazily big and successful company Apple actually is. Even a slight dip or swell in the company’s share price equates to tens of billions of dollars in real terms.

Case in point: As AAPL recovered slightly from the battering of coronavirus over the past two trading days, its market cap increased by $180 billion. As Above Avalon analyst Neil Cybart helpfully points out, that’s the equivalent of the entirety of Netflix. Or Nike and Spotify put together.

Coronavirus fears erase 20% of Apple’s market cap


iMac Apple
Apple heavily relies on China where coronavirus has been most prevalent.
Photo: Ste Smith/Cult of Mac

Coronavirus has hit Apple shares hard. Despite initially shrugging off the disruption of the outbreak, Apple is currently trading down more than 20% from its record record high.

That makes it one of the hardest hit stocks on the Dow Jones Industrial Average thanks to coronavirus.

Analysts aren’t worried about long-term impact of coronavirus on Apple


Analysts think investors will need to weather the storm first, though.
Photo: Ste Smith/Cult of Mac

While it’s a distant second to the human impact of coronavirus, the outbreak of COVID-19 coronavirus in China has caused plenty of disruption for Apple and its manufacturers.

But although Apple has already had to rein in its quarterly projections as a result, analysts watching the Cupertino firm aren’t getting unduly concerned. The majority of firms remain bullish when it comes to Apple’s prospects for near-term growth.

Apple could be a $2 trillion company by end of 2021


Apple could be a $2 trillion company by end of 2021
There was a time when $1 trillion seemed crazy, too.
Photo illustration: Ste Smith/Cult of Mac

Apple could be a $2 trillion business by the end of 2021, bullish Apple analyst Dan Ives of Wedbush claims.

If so, this would be a massive leap from Apple’s current market cap of $1.38 trillion. And it would be all thanks to momentum in Apple’s Services division, alongside the impending launch of a 5G iPhone.

Tim Cook takes home $125 million in Apple’s best year since 2009


Tim Cook takes home $125 million for Apple’s best year since 2009
I imagine Tim Cook makes this face every time he checks his online banking statement.
Photo: Jim Merithew/Cult of Mac

Tim Cook earned $125 million in Apple’s fiscal 2019, according to Apple’s latest SEC regulatory filings. That works out at more than $342,000 a day, or $28,538 per hour for a 12-hour shift.

But while Cook’s pay packet puts him firmly in 0.001 percenter territory as far as earnings go, it’s not a record year for him. In fact, Cook took home $11 million less than he did in 2018.

Apple shares just passed another historic milestone


International governments plan to rethink tax rules for the ‘digital age’
It's crazy to say, but $2 trillion may not be too far out of sight!
Photo: Pixabay/Pexels CC

Apple shares hit an historic $300 milestone Thursday, representing a new overall all-time high. The amazing figure gives Apple a market cap of $1.3 trillion. That takes Apple a whole lot closer to the once crazy dream of being valued at a whopping $2 trillion.

New Year’s Resolutions for Tim Cook, anyone?