Investors have a handful of market and economic numbers to watch as a sign of where stocks are headed - but the Apple stock (Nasdaq: AAPL) price will be one of the biggest indicators. And this week, AAPL stock is on the move...
As the launch of the Apple iPhone 6 careens our way, we're seeing more and more speculation that the iDevice king wants to add digital payments to its "ecosystem."
And that's going to further supercharge the business of NXP Semiconductors, the specialized chipmaker whose shares are up 195% since we recommended them back in May 2012.
Let us show you why...
Last month Apple Inc. (Nasdaq: AAPL) stock reached an all-time high. This fall we'll see several more reasons why Apple stock is headed much higher.
That's what Money Morning Defense & Tech Specialist Michael Robinson said in an appearance today (Tuesday) on FOX Business' "Varney & Co.," as he talked about the many new products the tech giant is planning to announce at its Sept. 9 event.
Here's what Robinson expects to see from Apple next Tuesday and why he thinks it will drive AAPL stock much higher...
Apple Inc. (Nasdaq: AAPL) is on track to become America's first $1 trillion company by 2018.
That means the Apple stock price will need to get to about $167 a share, a fair distance from its current $102 a share and market cap of about $610 billion. But given the trajectory of its current businesses, as well as the additive punch of several new areas Apple will soon enter, a market cap of $1 trillion is a very attainable target.
With Apple Inc. (Nasdaq: AAPL) stock having breached its all-time high recently, many investors have been wondering how much juice the tech giant still has left.
Plenty, says Money Morning Defense & Tech Specialist Michael Robinson, who stated in an appearance on Fox Business' "Varney & Co." today (Wednesday) that the Apple stock price will rise 40% from its current level of about $102 to $142.85 in approximately 24 months.
Here's why Robinson is so incredibly bullish on Apple stock...
You may remember the famous "1984" commercial introducing Macintosh personal computers.
In the ad, "Apple" is an iconoclastic young heroine who hurls a hammer at a giant screen broadcasting "Big Brother" (IBM) lecturing to a legion of followers.
But instead of David battling Goliath to the death, the two are now joining forces in a bold new pact, and it's a good deal for both companies.
Thanks to two effusive research reports, the Apple stock price (Nasdaq: AAPL) cracked the $100-a-share milestone yesterday (Tuesday).
The close of $100.53 also marked an all-time closing high for Apple stock. The previous all-time closing high (before the 7-to-1 stock split in June) was $702.10, or $100.30 adjusted.
The analyst reports both noted that strong sales of the upcoming iPhone 6 will boost AAPL stock.
For all the talk about fancy new hardware (like the iPhone 6) that's in Apple Inc.'s (Nasdaq: AAPL) pipeline, another initiative on the horizon has just as good a chance - if not better - to move the needle on Apple stock over the next year.
It's Apple's bid to control the nascent mobile payments industry, which is poised to grow from $133 billion last year to $626 billion in 2018.
The partial peace in the global patent war between Apple Inc. (Nasdaq: AAPL) and rival Samsung Electronics (OTC: SSNLF) won't be a major catalyst for either AAPL stock or that of Samsung, but it will be one less risk factor for investors in both companies to worry about.
Cupertino, Calif.-based Apple and South Korea-based Samsung announced today (Wednesday) that they would drop lawsuits against each other in all countries except the United States.
Investors needed to sleep on a deceptively boring earnings report, but by this morning the positive news the company shared in its conference call had pushed Apple Inc. (Nasdaq: AAPL) stock up nearly 3%.
Much of that had to do with the iPhone, the Cupertino, Calif.-based company's most important product and the primary catalyst of Apple stock.
But investors weren't just reacting to the encouraging iPhone news.
Apple Inc. (Nasdaq: AAPL) stock has climbed more than 56% in the last year and is currently trading just below its 52-week high of $97.10.
But with reports that the new iPhone 6 will have a similar screen size as competitor Samsung's signature smartphone, some are wondering if Apple is starting to become a "follower" instead of a "leader."
Money Morning's Defense and Tech Specialist Michael Robinson joined FOX Business' "Varney & Co." today and discussed apple's strategy behind the bigger iPhone model, plus where AAPL stock is going in the long-term...
Better-than-expected gross profit margins helped Apple Inc. (Nasdaq: AAPL) beat Wall Street forecasts.
But the rest of Apple's earnings report was nothing to get excited about. The mixed bag of news left Apple stock flat in after-hours trading.
As someone who's been in the technology trenches for the past 30 years, I know well that spending a ton of cash on research does not guarantee profits or stock-price appreciation.
What tech companies need are cost-effective research and development budgets - like Apple (Nasdaq: AAPL). But Apple isn't alone.
Stock Market News, July 22, 2014: The DJIA slumped on Monday, as military action continues in the Gaza Strip and geopolitical tensions remain high in Ukraine. The United States and European allies have strengthened economic sanctions against Russian interests and are threatening further action against Vladimir Putin if he doesn't pull support from pro-Russian militants in Eastern Ukraine.
When Apple Inc. (Nasdaq: AAPL) reports its June quarter earnings after the market close Tuesday (tomorrow), the tech giant faces some steep expectations.
After all, one of the big reasons Apple stock is up over 17% on the year - and an impressive 32% since hitting a 2014 low of $71.40 on Jan. 30 - is the surprising Apple earnings beat in the March quarter.
Of course, the AAPL earnings beat last time around was driven primarily by unexpectedly strong iPhone sales. Can Apple do it again?