Stock Price

Apple Sold 35.1 Million iPhones and 11.8 Million iPads 2nd Quarter

Apple announced their quarterly profits today with their net profits up a whopping 94% over 2nd quarter 2011.   During 2nd quarter 2012, Apple sold a total of 35.1 million iPhones and 11.8 million iPads resulting in a quarterly net profit of 11.8 Billion USD during the quarter.  They also sold 7.7 million ipods during the same quarter.  The number of iOS devices is now over 365 million devices thanks to to the sales of the devices this previous quarter.

Apple’s cash on hand reached a staggering 110.2 billion USD, which is a 12.6 billion increase over the previous quarter.  Apple is planning to pay a $2.55 per share dividend at the end of 3rd quarter 2012.

AAPL: Apple Shares Push Through $553 Mark After Hours

Apple Inc. (AAPL) shares closed the trading day on wall street at $553.74 USD per share in after hours trading yesterday.  The shares which had been trading mostly flat on the day made a slow steady climb in the 4pm to 8pm trading period.   Many analysts are predicting that Apple will easily reach the 600 USD per share mark soon and have the stock as a strong Buy.  Apple Inc. shares closed the regular trading day at $552 even.

AAPL : Apple Stocks Fall Over 2 Percent in Trading Today

After a meteoric rise over the past week, Apple Inc. (AAPL) shares fell from a record high of $548.21 USD per share to close today at $533.16 USD per share.  Shares had been up in expectation of the latest rendition of the Apple iPad which is due out in a scheduled Apple event on March 7th.   It is also expected that Apple will introduce the 3rd version of it’s Apple TV product at the same event.  The fall of the shares today put the share price down 2.20% or $12.02 USD per share on the day.

AAPL: Apple Shares Drop Like a Rock After Reaching Record Highs

After multiple days of reaching record highs, Apple Inc. (AAPL) shares have plummeted back nearly 35 points from the high of $526.29 USD per share mark it reached mid-day yesterday.  The shares are currently trading at $492.20 USD per share or down $5.47 from yesterdays close.   While no major factors are driving the fall out side of profit taking, this could be a bit of a I told you so moment for the one analyst on wall street who has Apple as a sell, Edward Zabitsky.  However, he is a lone voice at this point with most analysts having the stock as a strong buy.

AAPL: Apple Shares Once Again Defying Gravity

Apple Inc (AAPL) Shares are up over $9 USD per share in this morning’s trading session.  News out of China that the Proview requested iPad ban has been refused by Chinese Customs Authorities on account that such a ban would be difficult to enforce due to the popularity of the iPad among Chinese consumers is the likely driving factor in the stratospheric rise in share price with the shares reaching $519.41 USD Per Share or $9.95 USD per share above yesterdays close (10:00am EST).

AAPL: Apple Shares Push Through $500 USD Mark

Apple Inc (AAPL) shares pushed through the $500 USD per share price mark early in trading today.  While the up tick did not last, it was a major mile stone for the stock which is projected to go to at least $550 to $580 USD per share range by a number of analysts on wall street.  The stock traded most of the morning in the $498 and $499 USD per share range after pulling back from the $500 mark.   After the noon hour, the shares once again pushed back through the $500 a share mark, closing the day at $502.60 USD per share for the day.  After hours trading pushed the shares even higher to the $505.88 USD per share mark.

Several rumors are pushing the stock right now including the iPad 3 which is supposedly being announced March 7 as well as a supposed dividend being paid to share holders.  neither rumor has been confirmed, yet many media outlets are picking up on them and pushing the story.

AAPL: Stock price soars to $499.20 in Pre-Market

Apple Inc (AAPL) has jumped to a sky high price of $499.20 USD per share in pre-market trading this morning.   While many analysts posted expected price per share of $550-$580 USD per share after profits were announced, the price was a bit slow in getting there until last week.  The stock had been trading in the $455-460 range the week before and then suddenly jumped to a high of $497.62 befor closing on Friday at $493.42 USD per share.

 

AAPL: Apple Pushes Through 474$ Mark in Trading and pulls back

Apple Inc (AAPL) shares have been on a record tear over the past three trading days with the price currently trading at $472.65 USD per share or up $3.71 USD per share at Noon EST.  After pushing through the $474.00 USD per share price just after 10am, the price has pulled back.  The high of the day thus far was $474.21 per share.

AAPL: Stock price heading south in pre-market trading

Apple rode a wave of enthusiasm on its Friday close at an all time high  of $459.68 USD at a rise of $4.56 USD or 1.00 percent.  That Friday enthusiasm seems to be replaced with some serious pessimism this morning as the pre-market price is already off by $1.77 at 8:59am. With no major news over the weekend out side of Apple once again selling 3G products in Germany, there is nothing really weighing on the stock outside of a bit of profit taking.  Look for the stock to rise back to the 458.00 per share range during regular trading.  Any real push through the $460 mark is near but with so many uncertainties in Germany after last week, many investors may wait for more news before jumping back on the band wagon.

AAPL: Shares up in Pre-Market Trading

Apple Inc (AAPL) is trading up this morning with a jump of $2.23 per share in pre-Market trading.  With the .5% boost in the stock price, it is nearing the level it was at earlier in the week.  At 9:00 am, the stock stands at $437.35 USD per share and should stay relatively close to if it is a normal Friday, volume wise.

The only news weighing on the stock this morning is the loss in German courts to Motorola.  Apple has in turn taken down all 3G models of the iPhone from the German Apple Store due to the ruling yesterday.  3G is the centerpiece of the Motorola lawsuit and they won an injunction against Apple requiring a 100 Million Euro Bond.   The only course for Apple other than to pull the products temporarily is to appeal and sue for the loss of revenues should they win in higher court.

This temporary loss however could keep Apple investors at a slow pace for the next few days as they await the course of action that Apple will take from here.