02/13, 7:00pm
Milestone puts further value in market cap
Having broken the $500 barrier earlier in the day, shares of AAPL closed today at a new all-time record high of $502.60, though the stock is fluctuating around the closing figure in after-hours trading. The milestone puts Apple even further ahead of ExxonMobile as the world's most valued publicly-traded company with a new market capitalization of $468.61 billion while still maintaining a low price-to-earnings ratio (P/E) of 14.30.
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01/30, 8:30pm
Surpasses Exxon Mobile with $422B market cap
Apple's stocked closed at $453.01 on Monday, a new all-time high for the company still seeing the effects of its record-setting last quarter reverberate on Wall Street. The stock rose $5.73 to beat the previous all-time closing high of $447.28 set last Friday. At its current market value of $422 billion, Apple surpasses Exxon Mobil by nearly $13 billion as the most valuable publicly-traded company in the world, at least temporarily.
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09/16, 9:25pm
Up 24 percent in 2011, 44.81 percent Y/Y
Apple stock (AAPL) broke through the $400 barrier for the first time on Friday, closing the market session at $400.50 on Friday and maintaining an over-$400 balance in after-hours trading. The stock had temporarily reached above $400 before -- up to a high of $404.50 -- but Friday was the first time it had closed above $400. The volume on the stock was just under 25 million shares, starting the day at $395 and rising 7.5 points or 1.92 percent.
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07/19, 5:10pm
Company reports yet another best quarter
Apple stock has surged past $400 per share in after-hours trading, gaining over six percent in additional value after the company announced yet another "best quarter ever" shortly after the markets closed for the day. Shares had already gained $3 to reach $376 earlier in the day, following a number of positive analyst forecasts ahead of the company's quarterly financial disclosures.
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11/15, 7:10pm
Also divests of HP, SanDisk and chipmakers
Famous investment fund manager Ken Heebner, who scored big in the early part of this decade by betting against technology stocks ahead of their fall, has divested himself of nearly all his holdings of Apple and HP stock, along with SanDisk and lesser-known semiconductor makers Avago and Micron Technology, SEC filings show. No reason for the sell-off has been publicly announced, but Heebner's move -- which actually happened near the end of last quarter -- was revealed on Friday, sparking a sudden three-percent drop in AAPL. Hewlett-Packard's stock also suffered a similar dip.
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09/30, 7:50pm
Contends Apple will move 5.4M iPads in Q4 alone
When it comes to iPads, analyst Doug Reid of Stifel Financial is very bullish: in addition to raising his fourth-quarter sales estimates for most iOS devices, Reid points out that among all the talked-about iPad competitors, only one is actually available for sale at present, and all are "disadvantaged by unsuccessful attempts to integrate first generation tablet hardware with mobile OSes (Android 2.2/3.0, Chrome) that remain either nascent or entirely unproven relative to Apple's nearly 4-year old iOS."
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12/24, 3:30pm
Analysts consider stock undervalued
Apple stock (AAPL) on Thursday surged to a new record high amid rampant rumors surrounding the unconfirmed tablet device. Shares reached past $209 in late day trading, up approximately 10 percent in a single week. The stock has more than doubled in value since it bottomed out around $78 in January of this year.
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12/16, 11:50am
Apple financials examined
Shaw Wu of the Kaufman Brothers has updated estimates of Apple's December quarter, Rating Apple stock a buy with a favorable risk-reward balance. Wu's estimates have seen little movement, with a more conservative approach on iPods, but assuming a higher average sales price (ASP). Expectation are of reductions in the strong European iPhone sales, primarily due to iPhone gift cards; many won't be activated between Christmas and New Year's, moving the profits to the March quarter.
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01/22, 5:50pm
Apple shares plummet
Apple's shares plummeted in after-hours trading today, nearly $19 per share or just over 12 percent to stand at $136.82 as of 5:35PM ET. Shares had already lost about 3.5 percent during normal trading hours on volume of about 85 million. That means Apple's shares are off more than 30 percent from their 52-week high of $202 reached in late December, 2007. Propelling the earnings decline was Apple's earning forecast. For its second quarter, Apple expects earnings of about 94 cents per share on about $6.8 billion in revenue. Analysts expected earnings of $1.09 per share on revenue of $6.98 billion. This despite the fact that Apple is predicting a 29 percent increase in revenue year-over-year, while last march revenue grew only 21 percent.
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