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AAPL Articles

Carl Icahn AAPL

Carl Icahn Still Believes in Apple HDTV as AAPL's Market Cap Surpasses $750 Billion

Tuesday May 19, 2015 12:07 pm PDT by
Activist investor and billionaire Carl Icahn, during an interview with CNBC today, expressed confusion over The Wall Street Journal's recent report claiming that Apple scrapped its plans for a full television set more than a year ago. Icahn and his investment firm Icahn Enterprises remain confident that Apple will enter the television and automotive spaces, even as analyst Gene Munster admits he...
appleq22015previewchart

Apple Forecasted to Report Double-Digit Growth in Second Quarter as Sales Remain Strong

Monday April 27, 2015 1:10 pm PDT by
Apple will report its financial results later this hour for the second quarter of the 2015 fiscal year, a three-month period spanning January through March that directly followed the holiday shopping season. Apple has offered guidance of between $52 billion and $55 billion in quarterly revenue, while the average of all analysts combined forecasts the company's revenue during the quarter...
Apple Stock February 2015

Apple Shares Continue to Surge as Record-Breaking Market Cap Passes $720 Billion

Wednesday February 11, 2015 9:25 am PST by
Apple shares are currently valued at roughly $124 each in intraday trading, giving the Cupertino-based company a record-breaking market cap exceeding $720 billion. Apple stock continues to rise after the iPhone maker became the first U.S. company to close with a market cap over $700 billion on Tuesday, the same day in which CEO Tim Cook spoke live at the Goldman Sachs Technology and Internet...
Canaccord Mobile Profits

Apple's Share of Mobile Phone Profits Rises to 93% on iPhone 6 Launch

Monday February 9, 2015 8:10 am PST by
The latest numbers from Canaccord Genuity reveal that Apple accounted for 93% of mobile profits during the fourth quarter, leading the financial services company to raise its price target on Apple shares from $135 to $145. The firm also predicted that iPhone adoption could grow to 650 million users through 2018 as more smartphone owners upgrade to the iPhone 6 and iPhone 6 Plus. Barron's...
Screenshot 154

Apple Shares Reach New High Point Following Record-Breaking Quarter

Friday January 30, 2015 8:01 am PST by
After opening Friday morning, shares of Apple stock briefly grazed the $120 per share mark, setting a new record high for the company in the market (via AppleInsider). AAPL is currently trading around the $119 mark as of writing, giving the iPhone maker a nearly $700 billion market cap. Apple announced its earnings for the first fiscal quarter of 2015 on Tuesday, reporting $74.6 billion...

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