Now is the time to buy Apple stock

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Buying Apple shares now could earn you quite a bit of money this year, according to Morgan Stanley.
Photo illustration: Ste Smith/Cult of Mac

If you’ve been thinking about investing in Apple stock, an analyst from Morgan Stanley says this is to time to do so. The price is already low, and not likely to go any lower.

There’s been bad news for Apple recently but that’s already priced into the stock.

Apple’s Tim Cook has no time for short-term investors

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Tim Cook is going to BoxWorks.
CEO Tim Cook says short-term investors aren't needed at Apple.
Photo: Apple

Apple stock price has dropped steadily throughout June. That likely bothers short-term investors, but not Tim Cook. Apple’s CEO thinks long-term, and says planning no farther than the next quarterly earnings report is a recipe for disaster.

“If you’re making a decision based on the short term investors, you’re going to be guaranteed to be making terrible decisions,” Cook said yesterday.

Apple will give shareholders $100 billion thanks to Trump

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Apple is stilling on huge stacks of cash, some of which will go owners of Apple shares.
Photo Illustration: Ste Smith/Cult of Mac

Apple stockpiled $252.3 billion overseas, but it’s bringing that money back to America. A market analysts predicts the company will spend $100 billion of it on its stock buyback and dividend program. This will directly benefit those with Apple shares.

The company decided to bring the money home from foreign banks after the new GOP tax law gave companies a limited time for cash repatriations at lower rates, possibly just 8 percent.

Tim Cook: Pro users remain incredibly important to Apple

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There's reportedly been a death at Apple HQ.
This is the last shareholders meeting at Apple's old campus.
Photo: Ryan B/Flickr

Apple hosted its annual shareholders meeting today at the company’s headquarters in Cupertino where a number of new proposals were presented by investors before Tim Cook took questions from the audience.

During his Q&A session, Tim Cook discussed how Apple plans to fight for net neutrality. He also assured shareholders that Apple plans to come out with new products that appeal to professionals and creatives, but insisted that the Mac and iPad aren’t destined for a merger.

Apple stock hits all-time high

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apple stock price
AAPL shares are on the rise.
Photo: Buster Hein/Cult of Mac

It’s a great time to be an Apple shareholder.

Aided by a increased confidence rating from Goldman Sachs, Apple shares hit an all-time high today, with the price jumping to $133.76 per share before closing just above the company’s previous record of $132.54, set on May 17, 2015.

Apple shares hit new all-time high for third day in a row

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Photo: Buster Hein
Photo: Buster Hein

Buoyed by expectation-defying earnings, Apple Pay, and an apparently insatiable demand for the iPhone 6, AAPL stock closed Wednesday at a new all-time split-adjusted high of $107.3.

Apple was trading at $92 at the time of the 7-to-1 split, which means that its current value is up by more than 10% since the division earlier this year. According to Google Finance, Apple ended the day with a market cap of $626 billion, and $629.67 billion as per Yahoo Finance.

Apple Stock Will Hit $1000, Says Gene Munster [Report]

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I'd dance, too, if I still owned all those AAPL shares I had in the 90s
I'd dance, too, if I still owned all those AAPL shares I had in the 90s

Not only does Piper Jaffray analyst Gene Munster see Apple’s and its investors’ financial outlook as essentially rosy for the foreseeable future, but he’s taking it one step further. He’s convinced that he has at least ten reasons to stay bullish on Apple stock over the next three years. He also thinks the stock price is going to hit $1000 per share.

Apple Stock Closes at All Time High of $422 Per Share

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After weeks of wild price swings, Apple’s stock closed today at its highest value ever, $420 a share. The previous high was about $413; many were expecting that value to fall tremendously when (my hero) Steve Jobs passed, but to much surprise Apple’s stock remained relatively unaffected by his passing.

The new high comes right before Apple’s Q4 FY11 earnings report and conference call next week (Tuesday, Oct. 18th). This will of course be their first earnings call since Steve Jobs’ passing, and though I think the report will be their usual “we made ALL the money we win” type, whatever success they have had will surely be sobered by the loss of their visionary CEO and friend Steve Jobs.