Now that Apple Inc. (Nasdaq: AAPL) stock has split 7-to-1, knocking the Apple stock price down to a psychologically more appealing number below $100, many investors are trying to figure out if it's a buy.
Money Morning Defense & Tech Specialist Michael A. Robinson has no doubts. In fact, he says he's buying more.
In this video, Michael explains what the tech giant is up to now that has him so enthusiastic about Apple stock.
Sure, Apple Inc. (Nasdaq: AAPL) didn't introduce a new product at the World Wide Developers Conference last week.
But the tech giant did something much more important than just roll out some new "gadget." Apple unveiled a strategy that puts the company into two new businesses and positions it for years of potential new growth.
Here’s why Apple stock – which has zoomed back up near its 52-week highs – is headed even higher...
The Apple stock split, given the company’s outsized influence, could well inspire a fresh wave of stock splits after years of drought.
Once common, stock splits have become increasing rare over the past decade or so, as companies began to view a lofty stock price as a mark of prestige.
But the Apple stock split, along with other high-profile stock splits this year from MasterCard and Google, seems to be signaling a shift in corporate attitudes.
And at this point, there’s no shortage of high-priced stocks ripe for a split...
Many investors were disappointed that Apple Inc. (Nasdaq: AAPL) did not unveil any new hardware at its Worldwide Developers Conference (WWDC) on Monday.
But speaking on FOX Business' "Varney & Co.," Money Morning Defense & Tech Specialist Michael Robinson said the tech giant just gave us chapter-and-verse on how the stock will reach $1,000.
Apple Inc. (Nasdaq: AAPL) did not unveil any sexy new hardware at its annual developer's conference today (Monday), but what was discussed tells us a lot about the company's long-term strategy.
It appears that as Apple CEO Tim Cook has watched rival hardware makers using Google's Android copy the iPhone and iPad, he has realized that trying to stay ahead of the competition by dreaming up more new features that will be quickly copied is not the answer.
Apple (Nasdaq: AAPL) is among the top stocks to watch now, with its developer conference action this week.
Here's what is important for investors to keep an eye on...
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 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...
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...
