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...
Why the Apple (Nasdaq: AAPL) Stock Price Will Double from Here
I have such an intense enthusiasm for Apple Inc. (Nasdaq: AAPL) that my collection of the company's products sounds a lot like the lyrics of a famous Christmas song: five iPhones, four wireless routers, three MacBooks, two Apple TVs, and one pair of iPads.
And while my love for the company's products is great, and would certainly be a factor, I can assure you that my analysis of the profit potential posed by Apple stock will be like any other recommendation I make - completely objective.To continue reading, please click here...
Why the Apple Stock Price Is Up – And Going Higher
But just when it looked like the Apple bears might be right, the company started to gain back lost ground.To continue reading, please click here...
Giving China What It Wants Will Spice Up Apple Stock
Apple stock has needed a fresh catalyst for quite some time, and it's about to get one.
In the first of two related developments, Apple Inc. (Nasdaq: AAPL) has scheduled an event on Tuesday to unveil its new flagship iPhone 5S as well as a lower-cost version, expected to be called the iPhone 5C.Read More...
- The Icahn Lift: Let Carl Icahn Give You Double-Digit Gains Carl Icahn pioneered the strategies commonly used by what we now call "activist shareholders." While he's unloved by CEOs everywhere, savvy investors who keep a close watch on Icahn can themselves profit from his moves. We tell you how. Read more... Read More...
- Is Apple Stock A Buy? Our Shah Gilani was right on target when he picked Apple on July 23 on Fox Business’ “Varney & Co.” Since then the stock has soared 19%. Now he tells “Varney & Co.” why he thinks it’s a great idea to keep buying more…… Read more... Read More...
Apple (Nasdaq: AAPL) Stock Hits $500 Thanks to Carl Icahn
You see, Tuesday afternoon, in a single tweet, the legendary 77-year-old activist investor added more than $17.26 billion to Apple's market cap. At 2:21 p.m., pre-tweet, AAPL stock was trading at $475. Following the tweet, shares shot up to $494, before settling the day at $489.57.Read More...
Obama Brings the Stick to Apple-Samsung Patent War
President Barack Obama added an unexpected twist to the patent wars when he took the extraordinarily rare step of vetoing the International Trade Commission's own trade sanctions against Apple Inc. (Nasdaq: AAPL) last week.
The trade commission had ruled that Apple violated some of Samsung Electronics Co. Ltd's patents, and the commission was set to ban outright several key Apple products, such as the iPhone 3GS, iPhone 4, and the iPad 2 and 3G models - all sold by AT&T Inc. (NYSE:T), among others.Read More...
Two Stocks to Buy Now – and One to Ignore
Money Morning Capital Wave Strategist Shah Gilani offered two picks for top stocks to buy now - along with one to avoid - on FOX Business' "Varney & Co." Tuesday.
His pick to avoid: Facebook Inc. (Nasdaq: FB). Recent gains haven't been enough to sway Gilani, who remains bearish on the stock.Read More...
These Tech Companies Will Ride the Mobile Wave to Big Profits
Companies that make CPU chips - the "brains" inside every kind of computing device - have a fresh catalyst within the mobile wave to help stimulate sales: "ultramobile" products.
Ultramobile is the term that research firm Gartner is using to describe very small and light notebooks, as well as tablet/laptop hybrids like the Microsoft Corp. (Nasdaq: MSFT) Surface.
In its projection for this year and next, Gartner sees the ultramobile category adding to the growth of mobile wave devices like smartphones and tablets, which together today form a much bigger market than that of traditional PCs.
Ultramobiles will create new opportunities for the CPU-makers as the mobile wave continues to rise.
"The 'mobile wave' is massive, and is where growth is at in the chip sector," said Money Morning Defense and Technology Specialist Michael Robinson.
At stake are billions of dollars in revenue.Read More...
Five Reasons Apple Stock is a Buy
But given all that's happened, AAPL at $400 is a better deal than it may appear.
"It's obviously been hit, but it's bounced. It's held up," said Money Morning Capital Wave Strategist Shah Gilani. Pointing to the recent volatility in the markets, Gilani said, "The markets have been hit really hard and Apple has held up beautifully."Read More...
- Stock Market Today: What History Shows Us About Second Half Performance The stock market today got the third quarter, and second half of the year, off to a strong start with all three benchmarks logging gains right out of the gate. Shortly after the open, the Dow Jones Industrial Average jumped 104.61, or 0.70%, to 15,014.21. The Standard & Poor's 500 Index climbed 13.57, or 0.84%, […] Read More...
Apple Bond Offering is Proof It'll Do Anything to Avoid Taxes
The record $17 billion Apple bond offering this week will do more than just placate shareholders eager to get some benefit from the company's $144.7 billion in cash.
It will help Apple Inc. (Nasdaq: AAPL) avoid paying taxes, a feat that the Cupertino, CA tech giant has elevated to a high art.Read More...
Apple Stock is Up After Earnings – But Are Gains Here to Stay?
Apple stock was up 5% in after-hours trading Tuesday when its earnings report turned out to be better than expected - but, not great.
Everyone was bracing for the worst when Apple Inc. (Nasdaq: AAPL) released second-quarter earnings Tuesday after the close. The big question was just how bad things were going to be.
The answer turned out to be... not so awful. The iPhone maker surprised Wall Street with better than expected numbers, mostly because expectations were so low.
However, as expected, forward guidance was glum.Read More...
Apple: Cash or Trash?
The market's North Star of growth is going to report earnings tomorrow. Good news or bad news isn't the real question.
The question is: With Apple off nearly 50% from its $705.07 a share high set last September, is the famed tech giant a "buy" again?
Here's my unequivocal answer...