Now that the Apple stock split (Nasdaq: AAPL) has arrived - today is the record date - investors need to know exactly what's happening and how it will affect them.
Since the Cupertino, Calif.-based tech giant announced the 7-for-1 stock split on April 23, AAPL stock has gone up 18.5% to $630 a share.
Here’s why the company did it and how the split will affect investors...
Apple Inc. (Nasdaq: AAPL) finally announced today (Wednesday) after the markets closed that it was buying Beats Electronics for $3 billion, a deal that has been simmering in the rumor mill for three weeks.
The deal itself was no surprise, but tech pundits have driven themselves mad over the past few weeks trying to figure out why Apple CEO Tim Cook made the deal.
Sure enough, Cook did talk about the deal. Here’s what he had to say…
Money Morning Defense & Tech SpecialistMichael A. Robinson offered his thoughts on Apple Inc. (Nasdaq: AAPL) stock, Sony Corp. (NYSE ADR: SNE), and when he thinks the Dow Jones Industrial Average will hit 17,000 in a Tuesday afternoon appearance on FOX Business' "Varney & Co."
Host Stuart Varney asks Robinson if he still thinks AAPL stock will hit $1,000 a share and whether Sony is a "buy" now that it has begun selling its PlayStation game consoles in China.
Money Morning Capital Wave Strategist Shah Gilani made some unconventional calls on General Motors (NYSE: GM) stock and Apple Inc. (Nasdaq: AAPL) stock in a Wednesday afternoon appearance on FOX Business' "Varney & Co."
Shah told Varney that GM stock is now a "great buy," but the real surprise is what he had to say about Apple stock.
<a href="Watch Shah make his case to Varney in the video clip below.
Apple Inc. (Nasdaq: AAPL) is not a rash and foolish company, and neither is its CEO, Tim Cook.
So the general condemnation in the media of the possible purchase of Santa Monica, Calif.-based Beats Electronics for $3.2 billion by the Cupertino, Calif.-based tech giant seems a bit premature, although AAPL stock barely reacted.
Still, the question on everyone's mind is why.
On the surface, the deal apparently makes no sense.
But there yet may be a method in the madness…
Apple Inc. (Nasdaq: AAPL) just announced a 7-for-1 stock split that will drop the price of Apple shares from about $600 all the way down to about $86.
Academics often dismiss stock splits as "book-keeping" maneuvers with little impact, but retail investors usually get pretty stoked about them.
This time around it's the investor who has the right take on this.
Here’s how this AAPL stock split can give your investment portfolio a nice jolt.
Powered by an earnings beat and a string of shareholder-friendly moves, Apple Inc. (Nasdaq: AAPL) stock breached $600 on Monday for the first time since November of 2012, and now looks like it will challenge its all-time high by year's end.
The stock got to this point with the help of a strong dividend, a stock buyback program, and a big earnings beat. But there is so much more to come.
Here are the catalysts that will keep pushing AAPL stock higher for the rest of the year…
Apple Inc. sold about $12 billion worth of bonds Tuesday, almost exactly one year after it conducted a monster $17 billion bond sale.
But that's a lot of debt to take on when you have $150 billion of cash and marketable securities on your balance sheet and free cash flow of about $40 billion per year.
So why do it?
As odd as it may seem, it's actually all the government's fault...
News about dividend stocks poured in last week, with some 85 companies increasing payouts.
But Apple Inc. (Nasdaq: AAPL) stole the spotlight, sweetening its quarterly dividend 8%, or $0.24 per share, to $3.29, making it the S&P 500's biggest dividend payer.
It also added $30 billion to its stock buyback program and declared a 7-for-1 stock split.
Here are 30 other dividend stocks that also increased payouts in the week ending April 25.
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.
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...
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.
Apple, not known for big acquisitions, is looking at buying a 55% stake in Japanese chip maker Renesas for $482 million. The company happens to be the world's largest producer - and top expert - in one area of technology of crucial importance to Apple.
Hint: It has to do with the iPhone...
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
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...
