Tag: aapl

Apple (AAPL) Adds Nearly 2.50 in Pre-Market Trading

Apple Inc (AAPL) is trading at record levels this morning with the stock reaching the 455.45 USD a share price level at 8:32am.  Regular trading will begin soon and then the real test of the current market will begin.  If yesterday is any sample of what is to come today, then we could see  record highs throughout the day.   News items driving this is the news that Samsung lost another major battle yesterday in German courts with regard to the…

Apple Stock Sheds Downward Trend and Jumps Back to Near Record Highs

Apple stock shed the downward trend it set in early morning trading yesterday and jumped $5.73 in regular trading closing at $453.01.   This close was up $5.73 from Friday’s close.  The stock jumped even further in after hours trading closing the late session up another 0.84 to end the day at $453.85 USD per share.  Rumors running through many news desks on the day were that the stock would push quickly tot he $500 USD per share mark, however, after…

Apple hires new Senior VP for Retail Position

Apple has hired John Browett, former CEO of Dixons Retail to be the new Senior VP in charge of Apple Stores world wide. Press Release From Apple: CUPERTINO, California—January 30, 2012—Apple® today announced that John Browett will join the company as senior vice president of Retail, reporting to Apple CEO Tim Cook. Browett comes to Apple from European technology retailer Dixons Retail, where he has been CEO since 2007. Beginning in April, he will be responsible for Apple’s retail strategy…

Apple Stock Down $1.58 in Pre-Market Trading

Apple is starting this week where it ended last week on a downward spiral.   While the record highs hit last week are still freah in people’s minds, the $445.70 USD per share at 8:17 AM EST is off by 1.58 or 0.35% per share.  News over the weekend included news of the lawsuit against Apple and other tech giants for colluding to prevent employees from jumping from one company to another,  While these claims have not been substantiated, they are…

Apple Shares Rebound Slightly after drop from high to end week

Apple Inc (AAPL) closed up slightly on Friday, regaining $3.01 by the end of After Hours trading on Friday to close at $447.64 USD a share.   The stock had been trading in the $444 USD a share level after reading a high above $454 USD a share post Q1 2012 profit announcement.     Thus far, this year, return on Apple Inc. stock shares are up over 30 percent making it one of the best performers on the market.

Apple Stock Pushes Downward Slightly

Apple Inc (AAPL)  took a small dip after a fairly rambunctious morning trading session.  With no clear definition in the market prior to 10am, trading stayed in the $447 USD a share range.  However, with the start of MacWorld today and no Apple presence, the stock began to take s slow downward spiral until stabilizing in the $444 USD range.   The stock closed the days regular trading at $444.63 USD a share and is now up clightly in the After…

Apple Employees Getting New Discounts

Yesterday, Tim Cook held a town hall meeting with employees of Apple Inc.   While there were several items discussed, perhaps the biggest surprise was the new employee discounts that Apple employees will get.   Each employee will get $500 off Mac Purchases and $250 off iPad purchases, once every three years.  The discounts will begin in June 2012 and it is only available to employees who have been with the company for more than 90 days.  It is also not applicable…

Apple Stock Pulls Back Slightly

Apple, Inc. (AAPL) soared to more than 455 USD yesterday, however today, it is trading down ad 446.50 as of 5:14pm EST.  Apple’s stock price shot up more than 30 dollars a share immediately after first quarter profits for 2012 were announced on the 24th. The stock traded mostly flat on the day as several analysts projected that Apple stock will go through the $650 mark specified by  Rob Cihra of Evercore Partners.  Analyst comment from Wedbush Securities gave the…

Apple Stock Continues Upward Climb in Pre-Market Trading

Apple, Inc. (AAPL) is continuing the trend set yesterday evening, with the stock at 453.00 at 7:17AM EST in pre-market trading or up 32.59 USD (7.75 percent) from yesterdays close.  The record profits announced by Apple yesterday has been driving the climb and in spite of some issues in the supply chain, this upward trend is not likely to change for a while, or at least until the rest of the market digests the numbers.   The tech sector as a…

Apple Conference Call now available Online

Apple’s Conference Call with the media yesterday is now available online.  The Phone Conference to announce the quarterly profits was held at 5pm EST 24 January and announced Apple’s record breaking quarter.  To listen to the entire audio of the event, go to the quicktime page at: http://www.apple.com/quicktime/qtv/earningsq112/

Bytes From The Apple – Will Apple’s great Quarter push expectations too high?

Apple had a slam dunk, in your face type of quarter in quarter 1, 2012.  It’s profits were beyond that of any belief.   The stock price jumped to over 455 USD a share at one point after profits were announced.  The number of iPhone 4S’s sold were more than 4 million units beyond that of even the most optimistic analyst.  It was a huge success, but there are cracks in the mirror. Supply is an issue for the iPhones, hard…

Apple (AAPL) Stock Jumps of 30 USD a Share On Q1 Profits

After Apple announced their quarter one profits this morning and the stock price went through the roof.  At press time, the price was at $451.51 USD in after hours trading, up more than $31.10 USD or 7.40 percent. With groups like RBC Capital posting a buy level at $525 USD a share, this is not much of a stretch at this point. The increase in share price makes Apple Inc. the number one company in the US as far as…

Apple posts record sales profits of $13.06 Billion USD

Apple Inc. (AAPL) announced their first quarter results in a conference call today posting sales of $46.33 Billion USD.  They sold 37.04 billion iPhones or more than 4 billion more than anyone expected this number to be.   iPads sales were strong but not quite at expectations at 15.4 $billion Units and 5.2 million Macs. This quarters sales puts the total number of iPhone units sold globally by Apple Inc over the  of the products at 315 million units. Cash on…

Apple to Report 2012 1st Quarter Profits Today

Apple will be holding Conference Call at 5pm EST today to report the fiscal year 2012 first quarter profits.   While many in the industry are expecting lower overall numbers, it seems that they are at the expecting high numbers at Apple.   According to ColinW. Gillis at BGC Partners, “analyst expectations are around 33 million iPhones and 12 13 million iPads”.  Others including Mark Moskowitz at JP Morgan is expecting that number on the iPhones to be about 28 Million.

Is AAPL (Apple, Inc.) worth $525 a share?

This week showed a bit of how fickle the market can be when it comes to stock trading.  In spite of a good announcement from Apple, Inc. on the 19th of January, the stock fell off the pace more than 11 points.   However, RBC Capital recently said that the stock is still a buy and could go as high as $525 a share.  While this might be true, the upcoming Conference Call tomorrow evening (5pm EST) will definitely tell a…

Apple Stock Closes Down Over 11 Points from the High

Apple Inc. (AAPL) Stock price finished the week at $420.30 USD, off over 11 points from the high of $431.37 USD reached just before Apple’s January 19th event.  The next time a number will be presented which will allow investors to judge how the company is doing will be the first quarter results conference call which is scheduled for 24 January at 5:00pm EST.   In after hours trading the stock price did rebound slightly but is still well off of…

Apple Stock Falls Slightly Post Event Announcements

Apple Stock (AAPL) closed down slightly today after pre-event trading had the stock pushing over $431.00 in the morning.  The close today was at $427.75 USD down 1.36 from yesterdays close.  The price per share has pushed even lower in after hours trading with the current price sitting at $426.22 USD per share. Whether the lack of hardware at today’s announcement has anything to do with the fall, one will only have to imagine, however, with the stock having pushed…

Apple Stock Trading At Record Highs in Pre-Announcment Trading

Apple Inc (AAPL) has a stock price that seemingly is going through the roof.  With it closing at a record high close of $429.11 USD yesterday at the final bell, the stock is breaking records again this morning reaching $430.41 USD at 8:25am this morning ET.  With an impending announcement of this morning at 10:00am ET and reporting of the quarterly profits coming up next week, the only thing that might slow down the upward onslaught would be a poor…

Apple Stock Continues Upward Climb

Since reaching a low of $354.23 USD on the day that Steve Jobs died, Apple, Inc’s Stock (AAPL) price has been on a steady climb.   The stock closed at $422.40 at the market close and was trading just down from that at $422.28 USD in the after hours market.  With Apple expected to announce their 4th Qtr results on the 24th of this month, it is expected that the stock will continue this upward trend baring some unforeseen change in…

4.2 Million iPhones Sold by Verizon

During the fourth Quarter 2011, Verizon sold a total of 4.2 million units of the latest rendition of iPhone.   This number was more than double the number of units sold by Verizon during the third quarter.   While this is good news for both Apple and Verizon, the news has not particularly been good for the stock where their price is currently at $39.21o USD or down 1.309% for the day. The stock had over 2 million share trade today but…