Although Apple Inc. stock is up about 8% on the strength of an earnings beat and several shareholder-friendly announcements, the real question is whether the tech giant can keep the stock moving higher.
But Apple today could easily turn into the next Microsoft Corp. in the last decade - a company making mountains of money with a stock that stayed flat.These similarities between Apple now and Microsoft then should be keeping Apple CEO Tim Cook up at night...
Apple (Nasdaq: AAPL) Earnings Beat Takes Everyone By Surprise
Apple Inc. (Nasdaq: AAPL) pleasantly surprised Wall Street by comfortably beating expectations when it reported earnings for its March quarter after the market close today (Wednesday).
The tech giant also threw existing holders of Apple stock several goodies, including an expansion of the stock buyback program and an 8% increase in the dividend.
But while the stellar earnings report will push Apple stock higher in the short term,it will take more than that to sustain a push back to $600 and beyond...
Why It's Not Too Late to Buy Apple Inc. (Nasdaq: AAPL) Stock
While many investors were bailing on Apple Inc. last summer, Money Morning Capital Wave Strategist Shah Gilani was recommending it.
Gilani, a retired hedge-fund manager who runs the Capital Wave Forecast and Short Side Fortunes advisory services here at Money Map Press, often makes counter-intuitive picks; the same day he made his call on Apple, he recommended Microsoft Corp.In this Q&A with Money Morning Executive Editor William Patalon III, Gilani explains what he likes so much about Apple...
- Apple TV (Nasdaq: AAPL) Will Be Huge in 2014 – But Not Because of Comcast Apple TV will indeed make a splash this year, but all this business with Comcast is a red herring. In fact, there are two big changes Apple can make to its $99 set-top box that will go a long way toward turning it from a "hobby" to a major source of revenue...
- How Apple Inc. (Nasdaq: AAPL) Will Dominate the Wearable Tech Wars Apple has quietly been putting together a strategy that will allow it to gain the upper hand in a wearable tech market expected to explode over the next few years. That strategy revolves around the one thing that will drive the most people to buy and use wearable tech devices...
Why Apple (Nasdaq: AAPL) Stock Will Hit $1,000 in Two Years
Apple Inc. (Nasdaq: AAPL) stock is currently trading just over $559 - and Money Morning's Defense & Tech Specialist Michael A. Robinson thinks it will climb 79% in the next two years.
Robinson sees AAPL hitting $1,000. A major reason for this bullish forecast: China.
To continue reading, please click here...
What the China Mobile Deal Means for Apple Stock (Nasdaq: AAPL)
After months of tantalizing rumors that Apple and China Mobile Ltd. (NYSE ADR: CHL) were on the brink of an agreement to allow China's largest carrier to sell the iPhone, the companies finally confirmed the deal yesterday (Sunday).
It's a big new market for Apple's primary profit machine, so it should give Apple (Nasdaq: AAPL) stock a huge boost - right?
Well...sort of. But don't put in that order for a new yacht just yet...To continue reading, please click here...
The 10 Biggest Companies in the U.S. Today
The numbers are in, and the amount of money fueling 2013's biggest companies is staggering...
The 10 biggest companies in the U.S. today earned a combined annual revenue of more than $2.2 trillion in fiscal 2012. That's $1.35 trillion more than the country's credit card debt, and $1.17 trillion more than total student debt.
These moneymakers have been ranked based on total revenue by Fortune. All of them are incorporated in, operated in, and filing taxes in the U.S.To continue reading, please click here...
Why Apple (Nasdaq: AAPL) Stock Will Surprise You in 2014
Many people on Wall Street wrote off Apple (Nasdaq: AAPL) stock after it plunged from its high of over $700 in September 2012 to below $400 by April 2013.
But not Money Morning Capital Wave Strategist Shah Gilani.
To continue reading, please click here...
- Apple Stock Price Headed Higher Despite Muddled Earnings The markets weren’t quite sure what to make of Apple’s murky earnings report, as its shares lost, then gained, and then lost again after the release. But Shah Gilani couldn’t be happier with its overall performance. Even the “Reluctant Bull” had trouble hiding his enthusiasm for the stock. Here's why he thinks Apple is going gangbusters...
Today's Apple (Nasdaq: AAPL) Earnings Preview
In the middle of earnings season, Apple (Nasdaq: AAPL) is claiming center stage as it readies to release its fourth-quarter results after the closing bell today (Monday).
Apple stock is up 0.5% at $528.34 today, having risen nearly 25% since its last earnings report, and today's results will include the initial impact of the company's latest iPhone and iPad release. AAPL is trading in a 52-week range of $3.85 to $614.00 and at about 13 times forward earnings.To continue reading, please click here...
Stock Market News Today: Big Day for Apple (Nasdaq: AAPL), Merck (NYSE: MRK)
Stock Market News Today, Oct. 28: Stocks are weighed in morning trade, reversing out of earlier gains as investors are hit with a disappointing report on pending home sales despite a more positive report on industrial production.
Pending home sales slid 5.6% in September to the lowest level in nine months, likely weighed by higher housing prices and higher interest rates.To continue reading, please click here...
The Carl Icahn Letter to Apple CEO Tim Cook
p>Legendary hedge fund manager Carl Icahn is ramping up the pressure on Apple Inc. (Nasdaq: AAPL) to greatly accelerate its share buyback efforts.
Icahn has been pushing Apple CEO Tim Cook to buy back more shares with its giant $147 billion pile of cash since mid-summer. Last month, Icahn had dinner with Cook to make his case personally.To continue reading, please click here...