Good morning! U.S. stock futures for Thursday, April 30, forecasted a 25-point decline from Wednesday's close. The markets are reacting to shifts in the U.S. dollar and to the Federal Reserve's statements that it will raise interest rates on a meeting-by-meeting basis.
In one sense, answering the question "How much money does Apple have?" is easy.
During its Q2 earnings conference call Monday, Apple Inc. (Nasdaq: AAPL) reported that it now has $193.5 billion in cash and cash equivalents on its balance sheet.
That's a big number. But what could you do with it?
Apple stock slipped 1% in early morning trading Tuesday and later went flat as Wall Street yawned at another great quarter for the Cupertino, Calif.-based tech giant.
AAPL stock had gained 5% in the week leading up to its Q2 earnings announcement, and even was up about 1% in after-hours trading. Apple stock closed at $132.65 yesterday.
The mild reaction is oddly dismissive of a striking earnings beat for Apple Inc. (Nasdaq: AAPL).
Of all the Apple stock price predictions out there, this may be the boldest: AAPL shares will reach $200 within 24 months.
And that bold call belongs to a seasoned market analyst with 33 years of experience -- Money Morning Chief Investment Strategist Keith Fitz-Gerald.
He wasn't shy about it, either. He made the call on the FOX Business program "Varney & Co." earlier this month, startling host Stuart Varney. Most AAPL stock price predictions are much lower.
Despite rising expectations, the consensus for the Q2 Apple earnings estimates will likely turn out to be too low.
Apple Inc. (Nasdaq: AAPL) reports its fiscal Q2 earnings after the market close today (Monday).
As usual, the iPhone will determine the size of the success of Apple's earnings. Apple's flagship product usually generates about 55% of the Cupertino, Calif.-based company's revenue.
The iPhone 6 may be the lone outperformer in the Q2 AAPL earnings, but that's all Apple Inc. (Nasdaq: AAPL) needs to beat expectations.
The Cupertino, Calif.-based company reports its fiscal Q2 results Monday after the market close.
The iPhone makes up the majority of Apple's revenue, making it the key to success for AAPL earnings. And the figures will show the iPhone 6 had a stellar quarter.
The Apple share price will reach $200 24 months from now.
That's what Money Morning Chief Investment Strategist Keith Fitz-Gerald told FOX Business anchor Stuart Varney Monday when asked about Apple Inc. (Nasdaq: AAPL).
But here's what I couldn't say: The Apple share price could get there even faster. The reason is the new Apple Watch. Or rather, what the Apple Watch will become.
Tech M&A deals are so commonplace now they often come and go with little fanfare. Apple Inc. (Nasdaq: AAPL) alone has acquired 44 companies since 2000. Google Inc. (Nasdaq: GOOG, GOOGL) has gobbled up more than three times that, with 144 buys in the last 15 years.
These deals are actually changing our lives - perhaps more than we realize. For instance, Google bought mobile software Android in 2005. Now, Android smartphones account for 78.4% of global market share. There are 76 million Android users in the U.S. alone.
Here are five charts that show the recent M&A deals from American tech sweethearts Apple, Facebook, Amazon, Yahoo!, and Google.
The Apple suppliers list can help investors see which partners are in favor or out of favor with the Cupertino, Calif.-based tech giant.
The first Apple suppliers list was published in 2012, partly in response to controversies over working conditions in plants overseas that build Apple Inc. (Nasdaq: AAPL) products.
But investors are typically less concerned with Apple's corporate responsibility efforts than they are with finding alternative ways to play the phenomenal success of Apple stock.
Apple Inc. (Nasdaq: AAPL) stock is down 2.6% today (Wednesday) on the same day that the Nasdaq fell 118 points.
That's providing a good opportunity to buy Apple stock on the dip.
One of the key parts of a successful wealth-building strategy is finding the best long-term stocks and holding them for years.
Solid long-term stocks let you collect gains steadily for five, 10, or 20 years while you focus on finding other investments and opportunities. You can check in with them every quarter and see if anything has changed or adjust your holdings if your investment priorities are different. But for the most part, they are low maintenance, low risk, and high reward.
Now, we've picked three of the best long-term stocks on the market today. Each of these three stocks are leaders in their respective industries. They also have solid balance sheets and growth projections.
One just saw its revenue jump 40% in the most recent quarter. Another has annual revenue of $226 billion with gross profit margins near 40%. The third expects its industry to fill $5.2 trillion worth of orders in the next two decades.
Chesapeake Energy Corp.'s (NYSE: CHK) stock has fallen 39.5% in the last year amid quarter-over-quarter earnings losses.
For billionaire investor Carl Icahn, it's the perfect opportunity to increase his stake at a discount.
AAPL stock kicks off its first day of trading as part of the Dow Jones today (Thursday).
There's one question on investors' minds - how will the Dow affect the most valuable tech company in the world?
Good morning! U.S. stock futures for Thursday, March 19, forecasted a 43-point decrease from yesterday's close. The DJIA surged 227 points Wednesday after the Federal Reserve indicated a slower pace for an expected interest rate hike this year. Commodities rallied on the news, with gold prices jumping nearly 2% and silver prices up almost 2.5%.
Apple stock (Nasdaq: AAPL) makes its official debut on the Dow Jones Industrial Average today. It replaces AT&T Inc. (NYSE: T). [Here's why Apple - the most valuable company in the world with a market cap of $732.5 billion - just became worthy of joining the DJIA...]
The Apple profit margin on its new Watch will outshine even that of the iPhone.
Just how big the gap will be depends on how far Apple Inc. (Nasdaq: AAPL) can penetrate the Swiss luxury watch market with its 18-karat gold "Edition" Watch.
Fat Apple profit margins are no stranger to Apple, but margins for luxury watches start at about 40% and range up to 80% or more.