Browsing articles tagged with " aapl"
Yeah, so Apple's iPhone 5 comes out on Friday. That's like three days from now. Well, at an Apple store in New York they're already camping out and waiting in line for the newest iPhone.
Hey, if you've got the free time why not just sit in front of an Apple store and surf the internet on your iPad and wait. See that women squatting down to talk to the girl in the chair? Yeah, she's got a notepad and pen and she's asking the girl what in the hell are you doing. What would be even crazier if this
So, this is what everyone has been waiting for. Apple is going to tell everyone what they're going to do with their $100 billion dollars in cash tomorrow morning. Some say they'll announce a one time special dividend, some say they'll announce a dividend of 2.5%, while others say they could buy back shares. Tomorrow we'll all know:
Apple Conference Call
: Tim Cook, Apple’s CEO, and Peter Oppenheimer, Apple’s CFO, will host a conference call to announce the outcome of the Company’s discussions concerning its cash balance
. Apple® will not be providing an update on the current quarter nor will any
Apple's stock have hit $600 share today. Again, this is a new 52 week high and an all time high. Wow. It's been an amazing run for Apple. The stock has gone from $400 a share to $500 in six weeks and now shot up from $500 to $600 in just 30 days. The surge has stemmed from their most recent earnings release, a blow out quarter, which surprised most everyone. The stock hung around $460 a share and then just went on an a tear, largely because of the potential for the new iPad, which is already sold out
. That works out to about $88 in cash per share. That it all you really need to know. Yes it is an incredible pile of money. Scrooge McDuck swimming in a bank vault kind of money.
But the question now becomes what does new CEO Tim Cook and Apple do with all the cash. And, with most of the cash held overseas, will Apple get a tax break
and bring all the cash back to the United States:
With the company’s cash reserves growing as fast as they are, it opens numerous possibilities for acquisitions. For comparison, Google’s
Piper Jaffray's Gene Munster says Apple will have $140 per share in cash, nearly double what they have now, which is $82 per share, in 2013. Wow, that's a lot of money.
With that much cash, you'd have to say the share price is going to rise in a proportional manner. If you add $300 on to the cash per share you get the current price for Apple of near $384 per share. If you add $300 on to Apple with a cash hoard of $140 you'd get a share price of $440, but with that much cash earned, you'd
With the news that Hewlett Packard has conceded to Apple and decided to get out of the PC, tablet, and mobile phone markets, is Steve Jobs cackling as he strokes his cat and peers out at the world from his spaceship?
It would almost seem so. There must be some joy in the hearts of Jobs and Apples' top brass to see all these other companies chasing them and struggling to keep up. Even good old Google, the search engine giant, who are trying to keep up with Apple and the iPhone by buying Motorola. A purchase that one Apple executive
Needham & Co.’s Charlie Wolf recently upgrade Apples stock (AAPL) to $540 a share, not so surprising, as the mean target for analysts is $500 per share and the high is $666. But what was interesting is how he broke down the stock based on products and cash value. This is not perfect but here's the rough breakdown for the stock.
iTunes and App Store
This puts you at a total of around $510 per share. Not sure what's missing to reach the Charlie Wolf's
Seriously, Apple is a stock to own, even at $400 a share, yo. There’s no doubt it's going higher. Why? CAUSE I SAID SO THAT'S WHY, BITCH. No, seriously, Apple’s been blowing things up and have mad business. You’ve got to have it. It’s like the blue stuff.
Apple is taking more share of the enterprise market with the iPhone and the iPad. That’s killing competitors. And once you’ve had a little taste, whether that’s an iPod or an iPhone, there’s no turning back, you’re only going to buy more Apple gear. The Blackberry is getting eaten
Who needs to waste all the money on a college education? School loans? Skip them. Screw'em. You could have just put that borrowed money in the stock market - well, into Apple shares, ticker AAPL, and sat back and watched your money grow. Explode, really in just eight years. That's like a master's degree. The school of AAPL is where it's at. You'll become a millionaire when you graduate. That's just what Dan Kennedy
posted on Twitter more or less:
What's more though, if you would have bought shares in Apple just when the financial world
: Apple's stock (AAPL) has zipped past $370 and is over $374 a share.
While the rest of the market continues to drift lower, what with debit limit worries and the sovereign debt crisis in Europe, it appears iPads, iPods, and iPhones, are still selling. And will still sell no matter if the world falls apart. Also, music and videos are still selling on iTunes and will still sell. Oh yeah, and Apple sells a few computers from time to time, too.
It’s really amazing, this company, this stock, has taken a huge bite out of the rest of the