03/11, 6:50pm
Wall Street, government wants more of company's growing cash hoard
Despite moves to buy back shares in itself and the creation of a dividend program, Apple adds money to its enormous cash reserve far faster than it can distribute it -- a problem many companies would like to have, but one that is actually quite thorny for Apple. Wall Street appears to be orchestrating an effort -- or acting on insider information -- to put pressure on the company to make some kind of announcement for a future, additional dispersal of cash to investors. Meanwhile, governments have increased their calls for the "repatriation" of foreign-held profits.
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01/16, 2:00am
Institutional buyers, others may have a fix in against AAPL
In the wake of considerable media backlash over a highly-questionable Wall Street Journal story claiming that Apple had cut back orders on iPhone parts to "half" previous levels -- a claim now clearly shown to be inaccurate -- AAPL has dropped to its lowest price in nine months, closing on Tuesday at $485.92 (though it is up to almost $490 in after-hours trading). Evidence has now emerged that some investors may be deliberately trying to suppress the stock.
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10/17, 10:58pm
Results to be reported in conference call on October 25
Guessing that strong opening-week sales of the iPhone 5 may offset customers who held back from buying in the three months prior, a quarterly roundup of analyst estimates (both Wall Street and independent) for how many iPhones were sold by Apple in the company's fiscal fourth quarter (which ended on September 30) has a mean average of 26.3 million units, slightly higher than the number sold in Q3. Because iPhones make up the bulk of the company's revenues, its sales are a leading indicator of how other products will do.
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10/06, 4:40pm
iStock 1.5
If you own stocks, or just enjoy tracking the market performance of major companies like Microsoft, Apple, and Google, you may glance at a financial website or The Wall Street Journal to see the latest stock prices. Of course rising and falling prices mean little if you don’t also keep track of which stocks you’ve bought, how many shares you own, and what price you paid. To track this type of information, many people type this information in a spreadsheet and then create charts and formulas to track their profits and losses. For a much simpler solution, consider tracking stocks using a product like iStock 1.5.
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05/14, 4:35pm
Apple Wall St. shop plans
Apple is focusing in its hunt for an additional New York City store, according to the New York Post. "Sources" tell the newspaper that after having considered the linked locations of 15 Broad Street and 23 Wall Street, it is now concentrating on the latter, and in the middle of serious leasing negotiations with Robert K. Futterman and Associates. A representative for Apple at RKF, Karen Bellantoni, has declined to comment on the issue.
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