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Tag: oppenheimer

AAPL falls $6.27 during rough trading day

AAPL fell 6.57 percent today after the Macworld announcements yesterday and a general retreat among tech-sector stocks. The company's stock closed at $89.16 per share, and over 42 million shares changed hands. A lot of the selling was done last night in after-hours trading, with the stock opening...

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Oh, to have Apple's cash problems

Not unlike this guy, Apple is going to need avalanche insurance for the mountain of cash that it's sitting on. According to BusinessWeek, Apple has amassed $20.8 billion in cash and short-term investments, adding nearly $1 billion each and every quarter. It's not necessarily odd for a company to...

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