Stock Articles on TUAW - The Unofficial Apple Weblog

AAPL flirts with $600 today

by Kelly Hodgkins (Mar 15th, 2012)

Apple's stock soared on Wednesday and now it is poised to cross the US$600 mark. As noted by CNN Money, the stock hit $600 once and has fallen back down to $598 at the writing of this post. As The Wall Street Journal points out it took Apple 34 trading days to jump from $400 to $500 and a mere 23 ...

Apple stock soars, market value close to entire retail sector

by Kelly Hodgkins (Mar 14th, 2012)

If you haven't noticed, Apple's stock was soaring today. It closed at US$589.58, another all-time high, and is up +21.48 for the day. As financial analysts pour over these numbers, they are discovering some amazing trivia about this off-the-charts growth. Morgan Stanley's Katy Huberty may have ...

How long does it take to buy a new iPad with 50 shares of Apple stock?

by Kelly Hodgkins (Mar 9th, 2012)

The Telegraph's Conrad Quilty-Harper has an intriguing spin on Apple's soaring stock price. Instead of measuring Apple's atmospheric rise in direct dollar figures, Quilty-Harper measured it in terms of raising money to buy an Apple device. Quilty-Harper started by looking at the price of Apple's ...

JP Morgan: Apple is a sector unto itself

by Mike Schramm (Feb 25th, 2012)

JP Morgan's hardware analyst Mark Moskowitz has laid bare exactly how huge Apple has become lately, calling the company an actual "sector," not just a company any more. Of course, on paper, Apple is competing with other computer and device manufacturers like Dell and Samsung, but the numbers just ...

Investors eyeing Tim Cook's management of Apple's cash horde

by Chris Rawson (Jan 26th, 2012)

Every three months Apple announces its quarterly earnings, and we see the company's huge pile of cash grow to increasingly awe-inspiring heights. Like clockwork, a day or two after the earnings announcement comes calls for Apple to give some of that money back to its shareholders in the form of ...

Bob Iger picks up $55,000 in stock for joining Apple's Board

by Mike Schramm (Nov 19th, 2011)

We mentioned earlier this week that Disney CEO Bob Iger was invited to join up to Apple's Board of Directors, and Fortune reports that as part of his deal, Iger got 142 restricted shares of AAPL, totalling a nice bonus of over $55,000 at current market value. Nice work, if you can get it! We ...

AAPL: Analysts forecasting stratospheric stock price

by Michael Grothaus (Sep 21st, 2011)

Yesterday Apple (AAPL) hit an all-time intraday price of $422.86 and currently it is trading around $413. However, those prices seem cheap compared to what almost every analyst thinks AAPL will do in the next twelve months. DailyFinance has a roundup of analyst expectations for Apple's (AAPL) ...

Daily Update for Sept. 19, 2011

by Megan Lavey-Heaton (Sep 19th, 2011)

It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes, which is perfect for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the ...

Apple up 7.2% since Jobs resigned

by Dave Caolo (Sep 19th, 2011)

As last week ended, Apple stock closed above US$400 (as we publish this AAPL is at an all-time high of $410). What's more interesting is that AAPL has climbed 7.2 percent between last Friday, September 16 and August 25, when Steve Jobs announced his resignation. A 7.2% gain in about three ...

Apple stock helping the Alaska Permanent Fund more than oil

by Kelly Hodgkins (Aug 3rd, 2011)

The Alaska Permanent Fund sets aside a portion of oil revenue and gives some of that money back to Alaska citizens each year. This pool of money is also used to invest in the stock market, a practice that has proved to be quite lucrative. A recent quarterly report from the company that ...

Apple hardware VP sells 99% of AAPL holdings

by Michael Grothaus (Apr 27th, 2011)

Apple's senior vice president of Mac and iPhone hardware engineering, Bob Mansfield, has sold 99 percent of his Apple holdings, leaving him with only 501 shares. The news comes from a recent SEC Form 4 filing, which lists Mansfield as selling 38,863 shares of AAPL at $351.89 each; total proceeds ...

Apple will be the first $1 trillion company

by Michael Grothaus (Apr 14th, 2011)

"A million dollars isn't cool. You know what's cool? A billion trillion dollars." If there's one company that will hit a trillion dollar market cap, it will be Apple, according to USA Today. Apple could do it in the next three years. USA Today came up with Apple's trillion dollar market cap ...

Forbes: China growth will propel AAPL shares to $547 in the next nine months

by Michael Grothaus (Apr 1st, 2011)

Eric Jackson at Forbes has written a piece with some astounding numbers about Apple's business in China. Most impressively, Jackson thinks that because of Apple's China business, Apple shares will hit $547 per share by January 2012, which is only nine months away. That's an impressive upswing ...

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. ...

What if you had bought AAPL stock instead of Apple products?

by Michael Grothaus (Mar 11th, 2011)

Since 2003, the rise of Apple's stock has been stratospheric. Currently AAPL sits at US$346, but many analysts expect it to be at $450 or higher in the next 12 months. The growth of the stock over the years is attributed to Apple's bottom line, its creative and business teams, the fact that it ...