Kanye West gifted his wife Apple stock for Christmas


The self-proclaimed 'Next Steve Jobs' is in trouble for loving Apple.
Kanye West was among the first people to get an Apple Watch Edition.
Photo: Justjared

Kanye West is an Apple fan. So what better Christmas gift for him to buy his wife, Kim Kardashian, than AAPL stock?

Kardashian shared her surprising story online, saying that West gifted her the shares, alongside some Apple headphones, and some stock from other select companies including Amazon, Disney, and Netflix. While she didn’t share the exact amount, considering that AAPL is up 47 percent in 2017, that’s a pretty great gift!

One analyst thinks Apple stock won’t be climbing much more for now


iphone x
Nomura Instinet analyst thinks iPhone X growth is fairly reflected in current share price.
Photo: Ste Smith/Cult of Mac

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.

Today in Apple history: Apple IPO mints instant millionaires


December 12, 1980, was an incredibly important day for Apple.
Photo: Ste Smith/Cult of Mac/401Calculator

December 12: Today in Apple history: Apple goes public December 12, 1980: Apple goes public, floating 4.6 million shares on the stock market for at $22 per share.

In the biggest tech IPO of its day, more than 40 out of 1,000 Apple employees become instant millionaires. As Apple’s biggest shareholder, 25-year-old Steve Jobs ends the day with a net worth of $217 million.

Today in Apple history: Lousy quarter proves Steve Jobs isn’t invincible


Apple is heading toward a $1 trillion market cap. Photo: Pierre Marcel/Flickr CC
A perfect storm of bad news leads to a massive $195 million quarterly loss for Apple.
Photo: Apfellike

December 6: Today in Apple history: Apple suffers first quarterly loss since Steve Jobs' return December 6, 2000: Apple’s stock price falls after the company posts its first quarterly loss since Steve Jobs’ return to the company in 1997.

Shares tumble $3 to just $14 a share as doom-predicting pundits worry that the big Apple comeback story might come screeching to a halt.

Little did they know….

Another analyst says Apple will be a $1 trillion company in next year


Now may be a good time to invest!
Photo: Ste Smith/Cult of Mac

Another analyst has thrown his name into the hat by predicting that Apple will be the world’s first $1 trillion company within the next year.

Analyst Daniel Ives of GBH Insights suggests that AAPL could trade at between $210 and $230 at some point during the next 12 months. The top end of that range would put the share price at close to 35 percent more than it is currently trading at. And push it over the fabled $1 mark in the process!

AAPL passes another milestone on its way to $1 trillion market cap


Apple is a $900 billion company and counting.
Photo: Ste Smith/Cult of Mac

Apple’s spectacular quarterly earnings, which had previously seemed like they’d be the calm before the iPhone X storm, have pushed Apple over the $900 billion valuation in pre-market trading, making it the first company in history to do so.

AAPL shares were marked 3.2 percent higher in after-hours trading, indicating a record high opening price of $173.49 for Friday.

Trump tax policy could make Apple a $1 trillion company


Apple could soon be the world's first $1 trillion company.
Photo: Ste Smith/Cult of Mac

Tim Cook may not always have seen eye to eye with President Donald Trump, but if a Trump policy could help push Apple toward a trillion dollar market cap that would surely help undo some of the bad blood.

This is exactly the scenario presented by analysts at RBC Capital Markets, who claim that Apple would stand to gain in a big way from the Trump administration’s planned U.S. tax changes — particularly tax deduction caps for interest expenses, tax rates on foreign profits, and a lowered repatriation tax.

Today in Apple history: Apple stock smashes through $700


bull Wall Street
Like a bull in an... Apple store?
Photo: Sam Valadi/Flickr CC

September 17 Today in Apple history September 17, 2012: On the back of record iPhone 5 pre-orders 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, cementing Cupertino’s place as the world’s most valuable publicly traded company.

Amazingly, the new record is $270 a share higher than Apple at the start of the year — the stock rose 65 percent in just nine months.

Today in Apple history: Apple becomes the most valuable public company ever


By 2012, Apple was a giant.
Photo: Ste Smith/Cult of Mac

August 20 Today in Apple historyAugust 20, 2012: Apple breaks records as it becomes the most valuable public company in human history.

When markets close, Apple’s market cap — the stock price multiplied by the number of outstanding shares — sits at an astonishing $623.5 billion. This beats the previous record of $618.9 billion set by Microsoft on December 30, 1999, at the height of the dot-com bubble.