Shares Articles on TUAW - The Unofficial Apple Weblog

Two years after Fred Wilson dumped AAPL...

by Chris Ward (Apr 9th, 2011)

We all make predictions that don't turn out as planned. For example, this morning I said I'd have a few beers, enjoy a barbeque in the sun with friends and perhaps go to the cinema tonight. Turns out I have two daughters under the age of 3, so there went my day. But at least I'm not kicking ...

Labor union opposed to Steve Jobs' reelection to Disney board

by Chris Ward (Mar 23rd, 2011)

Steve Jobs' position as a director of Disney is being questioned as the company's annual shareholder's meeting takes place in Salt Lake City today. The AFL-CIO federation of labor unions has already voted against his reelection, citing his absences for health reasons and full-time ...

Credit Suisse initiates AAPL coverage on up and down day

by Michael Grothaus (Mar 17th, 2011)

AAPL shares got slapped silly before market open this morning after a JMP Securities analyst initiated a rare downgrade on AAPL stock yesterday. The downgrade was due to assumed problems with Apple's ability to manage the supply chain for its iOS devices in the wake of the disaster in Japan. ...

iTunes share of the US music market swells to 26.7%

by Mike Schramm (May 24th, 2010)

Apple's iTunes music service has strengthened its lead in the US music market, growing to a whopping 26.7% of all music sold in the States, up from 21% a few years ago and 12% in 2007. That's pretty phenomenal growth, buoyed almost certainly by the rising share of digital music versus brick and ...

AAPL hits all-time high

by Mike Schramm (Oct 22nd, 2009)

Steve Jobs' Disney stocks aren't the only thing making him rich -- AAPL has hit an all time high, according to MacRumors, thanks to the big announcements earlier this week, both on the online store and during the conference call. Before opening this morning, it was at 204.72, but the high yesterday ...

Jobs to miss Apple shareholder meeting this week

by Mike Schramm (Feb 23rd, 2009)

Bloomberg is reporting that Steve Jobs will not attend this week's Apple shareholder meeting. That's not a big surprise -- Jobs' health has kept him from attending recent usual events, including Macworld earlier this year. But it is the first time in the over 10 years since he rejoined the company ...

Nokia, Microsoft drop while Apple stock soars

by Robert Palmer (Jan 22nd, 2009)

While Apple stock is up over seven percent since its positive earnings report and conference call yesterday afternoon, both Nokia and Microsoft have released dourer reports about their financial outlook. Microsoft said that it will lay off up to 5,000 people, about five percent of its workforce, ...

Apple releases 2009 proxy statement

by Robert Palmer (Jan 8th, 2009)

Yesterday, Apple released a proxy statement detailing the financial compensation that executives enjoy as part of their participation on the board of directors. Steve Jobs retained his $1 salary for 2008, but has over 5.5 million shares of Apple stock, which is worth over $500 million on paper. Jobs ...

AAPL falls $6.27 during rough trading day

by Robert Palmer (Dec 17th, 2008)

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 ...

Analyst Roundup: Morgan Stanley pooh-poohs, iPhone sales looking bright

by Robert Palmer (Dec 11th, 2008)

Morgan Stanley analysts yesterday cut AAPL's price target to $95, mostly citing the weak economy. They said that despite price cuts, extreme interest in the iPhone, Mac users' high satisfaction, and marketshare momentum for Mac sales, the quarter will be slow for Apple. Blog Notable Calls said it ...

Analyst Roundup: Black Friday pretty good for Apple

by Robert Palmer (Dec 1st, 2008)

Apple met or beat analyst expectations for sales over the weekend, selling 13 Macs and 3.4 iPhones every hour, according to one Piper Jaffray estimate. Kaufman Bros. analyst Shaw Wu said that Apple's Black Friday promotions helped drive retail store traffic, according to reports from distributors. ...

AAPL hits 52-week low, cries itself to sleep

by Robert Palmer (Nov 20th, 2008)

Apple shares today dropped to an intra-day 52-week low of a penny over $75, and rebounded to close at $80.49 per share. That was down 5.8 points from yesterday's close. This marks the lowest prices for Apple stock since the introduction of the iPhone in early 2007. Many stocks lost ground today in a ...

AAPL up nearly 14% among broad market gains

by Robert Palmer (Oct 13th, 2008)

Shares of Apple stock closed higher today, among a widespread buying spree that pushed the Dow Industrials up a record-breaking 936 points. AAPL closed at $110.26 per share, an increase of $13.46. Nearly 55 million shares changed hands. Microsoft, Dell, Google, HP, Sun, and AT&T also posted ...

AAPL hits 52-week low again, makes up for it

by Robert Palmer (Oct 6th, 2008)

In a rollercoaster day on Wall Street, Apple shares closed up a scant $1.07 today, landing at $98.14, after a broad market sell-off this morning related to anxiety surrounding global financial markets. AAPL once again hit a 52-week low of $87.54 per share around 10:45 Eastern this morning. However, ...

AAPL touches 52-week low, closes under $100

by Robert Palmer (Oct 3rd, 2008)

Apple shares today reached their lowest price point since April 2007, closing at 97.07, down 3.03 points. AAPL hit its 52-week low today, $94.65 per share, around 3:45 PM Eastern. Early in the day, the stock was jarred with false rumors from CNN's iReport service about Steve Jobs suffering a heart ...