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...
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...
Shah Gilani: Why Apple Stock Is Still a Winner
Despite Apple stock recently taking a hit, Money Morning's Capital Wave Strategist Shah Gilani appeared on FOX Business' "Varney & Co." to explain why Apple Inc. (Nasdaq: AAPL
) is still a winner.
He emphasizes the positive impact of Apple's cash flow on Apple stock.
Also, hear Shah's simple explanation of how Apple's bond offering is actually going to be a positive for Apple stock, as he breaks down complicated financial metrics and accounting rules for viewers.
- Apple: Don't Hate the Player, Hate the Game Hauling Apple's CEO Tim Cook to Washington last week to get berated in front of a Congressional committee was sadly nothing more than typical DC kabuki theater. Corporations have been using similar tax dodges for decades and Congress has always harrumphed and looked the other way. Perhaps because real tax reform would have real consequences? If Congress actually has the nerve to grab some sketchy offshore corporate revenue, you need to know what it means for your stocks. Read on and I'll tell you... Read More...
Is Apple's "Next Big Thing" Vaporware?
Mind-control technology, vision-enabled devices, robotic cars and motion-controlled gadgets. These are where some of the tech titans have set their sights.
So where is Apple in all of this buzz?...
Its big promises beyond Apple TV and a new iPhone are beginning to sound a lot like vaporware.
Here's who is starting to eat Apple's lunch and maybe its future...
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 May Not Climb, But Will Still Reward Investors
There was really only one good thing for Apple stock investors in yesterday's (Tuesday's) earnings report.
Apple Inc. (Nasdaq: AAPL) announced an unprecedented share buyback program and boosted its dividend in attempts to pacify edgy investors who have watched the company's stock tumble about 34% over the past six months.
The iPhone maker will return $100 billion of cash to shareholders by 2015, through an increased dividend and $60 billion share buyback program. Apple's quarterly dividend was sweetened 15% to $3.05 a share. The stock now carries a juicy 3% yield. The new dividend is payable on May 16 to shareholders of record May 13.
With an annual payment of some $11 billion, Apple becomes the biggest dividend payer in corporate America, taking the crown from Exxon Mobil Corp (NYSE: XOM).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 Stock Rises Before Earnings, but No One's Expecting Good Numbers
Apple stock was up nearly 2% by noon today (Tuesday) - but this could be the end of gains for a while depending on what happens this afternoon.
Undeniably the most anticipated earnings report of the season is the Apple earnings report, due out after the close Tuesday. Expectations are for a downright dismal quarter.
Among the issues Apple Inc. (Nasdaq: AAPL) is expected to address include:
- iPhones: Apple generated some $22.7 billion from the sale of 35 million iPhones in the same quarter a year ago. Investors will want to hear how much competition from other smartphone markers, like Samsung, has chipped away at those numbers.
- iPads: Apple sold 11.8 million iPads that generated $6.6 billion in sales over the same period a year earlier. With the bevy of new and cheaper tablets now on the market, it is unlikely Apple has been able to maintain those robust sales.
- Gross Margins: Gross margins peaked at an astounding 47.4% during this quarter last year. Apple's warning last October that margins could drop as low as 38% was the catalyst behind the stock's steep plunge. In January, Apple said profits should come in around 37.5% to 38.5%. These numbers are crucial.
- Revenue and Profit: Last year, Apple earned $12.30 a share on revenue of $39.2 billion. Estimates are for $10.12 a share on revenue of $42.6 billion. Even the slightest miss could wallop shares.
- Guidance: Most importantly will be what the company says about future quarters. Analysts expect Apple to guide lower, at least for the next couple of quarters.
Of particular interest will be what Apple plans to do with its hefty $157 billion cash stash. A special or increased dividend and a bigger share buyback could provide a temporary boost to the stock. But any gains are likely to be short lived.
"People have to be patient. The next quarter will be disastrous and the quarter after that stock will only go in one direction and that is down," Trip Chowdhry, co-founder of Global Equities Research told CNBC.Read More...
Is Apple Stock a "Buy"?
While some analysts are screaming "Buy," there's some discouraging news to consider. For example, Apple supplier Cirrus Logic Inc. (Nasdaq: CRUS) reported an inventory glut of audio chips that signals Apple iPhone sales could fall drastically short of expectations.
Money Morning Chief Investment Strategist Keith Fitz-Gerald explains what's going on with Apple stock, whether or not investors should scoop up shares, and what to expect next from this iconic company.Read More...