Apple Stock News: Apple All Time High On Path To Reach $1 Trillion Market Capitalization

Apple Stock News

On November 7th, 2017, Apple shares hit an all-time intraday high and closed with a market capitalization above $900 billion for the first time. This is the first time a publicly traded US company reached this milestone.

Since Steve Jobs died in 2011, Apple’s market value has grown over 60%. As you can see in the chart bellow, Apple’s market capitalization under Tim Cook’s helm almost tripled in 5 years.

Behind this high rise is Apple’s recently released better than expected results on its quarterly earnings. The tech giant showed strong earnings with revenue reaching $52.6 billion, an increase of 12% from the same quarter of  the previous year. Moreover, the company also said during earnings call that it is expecting to have a very profitable holiday season, with a revenue forecast set in between $84 billion to $87 billion for the upcoming quarter.

As Apple’s CEO stated: “We are happy to report a very strong finish to a great fiscal 2017, with record fourth quarter revenue, year-over-year growth for all our product categories, and our best quarter ever for Services”, and furthermore, “we’re looking forward to a great holiday season, and with the launch of iPhone X getting underway right now, we couldn’t be more excited as we begin to deliver our vision for the future with this stunning device.”

Apple is the first publicly traded company on the way to reach $1 trillion market capitalization.

For the latest Apple Stock News, AAPL closed at $176.24 per share on November 8th, 2017. It generated a profit of 0.82% from its previous close on November 7th, 2017, when it closed at $174.81 per share.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state-of-the-art algorithm click here.

Apple Stock News: Services Segment Increases Mightily

Apple Stock News

For the latest Apple Stock News, AAPL closed at $157.48 per share on August 11th, 2017. It generated a return of 1.39% from its previous close on August 10th, 2017, when it closed at $155.32 per share.
apple stock news

It is known that Apple’s main source of revenue is the sale of hardware (iPhones, Macs, etc..). However an analysis in the last earning reports revealed that Apple’s service business has increased for 5 years in a row. The service segment accounts for a sixth of Apple’s total revenue. Services are now second only to iPhone sales in with $7.3 billion for Q3 2017. Mac sales come at third place with $5.6 billion for the quarter.

Apple’s CEO Tim Cook said in 2015 that the company expects to double by 2020. That goal appears to be accomplished by early 2019, which comes as great news.

Apple’s main service programs are: iTunes, App Store, Apple Music, Apple Pay and iCloud. Unfortunately, the report would not reveal how much each program brings in nor which specific service is the most profitable. But as Apple investors wait for the company to dream up the next hit gadget, they can rely on a steady stream of business from the company’s services.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state-of-the-art algorithm click here.

Apple Stock News: iPhone 8’s release could make Apple a $1 trillion company

Apple Stock News

For the latest Apple Stock News, AAPL closed at $156.39 per share on August 4th, 2017. It generated a return of 0.53% from its previous close on August 3rd, 2017, when it closed at $155.57 per share.

This week, Apple released an earnings report that was surprisingly positive. For that reason the shares spiked. In addition, the weekly “leaks” about the upcoming iPhone are so impressive that investors are happily buying shares, expecting a massive stock appreciation.

It has been a while since Apple became the most valuable company in the world. With this week’s jump its market cap is now over $800 billion. Analysts and investors believe that if Apple has a great fourth quarter, its possible that they could increase their market cap to $1 trillion.

The most obvious factor for such a milestone to be reached is for Apple’s iPhone 8 to be a blockbuster. It is no secret that their cellphone segment is their biggest of all.

Another key factor is to make the iPhone a “hub”. With so many new products like the HomePod and the Apple Watch, they should find a way to make the iPhone the controlling force of every apple product. It forces customers to be immersed in iOS, never thinking of buying a Samsung cellphone or any non-apple product for that matter.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state-of-the-art algorithm click here.

Apple Stock News: Consecutive Record Days For AAPL

Apple Stock News

For the latest Apple Stock News, AAPL closed at $144.12 on Wednesday, March 29, 2017. It had a gain of 0.22% from its previous close of $143.80 per share.  The stock closed at a record high for the second straight day and the sixth time in the month of March.

 

earth-1345257_960_720

Despite Samsung revealing its new Galaxy S8, with hopes of a recovery from its Note 7 debacle, investors don’t seem to be worried. Apple shares are up a whopping 55% since it’s low of $90.34 in May, 2016. The stock is now trading at an all time high, with analysts continually increasing their target price. There is strong indication that iPhone 6 owners will be seeking an upgrade. Shipments of the OLED display for the next iPhone are expected to be closer to 90 million units, higher than the general consensus.

Investors remain optimistic surrounding Apple’s services revenue, despite android app user spending expected to surpass that of Apple in 2017. Apple’s stock buy-back strategy has worked to great effect, decreasing the number of shares by almost 20%, inflating prices even further. Apple is expected to increase its dividend payout next month.  With its stock buy back program and increasing dividend payout, Apple is instilling confidence in its shareholders.

 

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Stock News: New Name? New Display?

Apple Stock News

For the latest Apple Stock News, AAPL closed at $139.14 on Friday, March 10, 2017. It had a gain of 0.33% from its previous close of $138.68 per share.

31423255666_f9c708ba3b_b

On March 7, 2017, I Know First wrote an article discussing the new iPhone’s OLED display. This past week, more news has come out about an all-glass design or a curved screen.

In what has been a quiet week for Apple, there have been countless rumours about its newest iPhone and what it may be called. CEO Tim Cook was seen having dinner this past week with Google CEO Sundar Pichai, ramping up speculation.

It’s a big anniversary for Apple when they release the iPhone. The iPhone will be commemorating Apples 10th Anniversary of iPhones. The latest rumour about this new iPhone is that it could be called the iPhone 8, or the iPhone X, or the iPhone Edition. More rumours are circulating about what types of features the phone will have.

Will it be an all-glass design with an OLED display? Or a curved screen? Wireless charging? All of these questions will be answered when Apple makes a statement or when the phone is released.

A new report this week suggests that it could potentially have a new white ceramic design.

Whatever the design, Apple fans and consumers will enjoy and adapt to the new changes, especially as its a special edition phone.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Stock News: Turning Struggle into Opportunity

Apple Stock News

For the latest Apple Stock News, AAPL closed at $135.67 on Friday, February 17, 2017 with a 0.24% gain, from its previous close of $135.34 per share.

This week Apple surpassed Samsung in market share during the fourth quarter of 2016. Now, new data from Canalys offers up a closer look at the smartphone market and China. Apparently, Apple is struggling to keep up with younger manufacturers such as Xiaomi.

Apple Stock News

Smartphone shipments in China hit 131.6 million during the fourth quarter of 2016. That’s the largest quarter total in history for the Chinese market. According to Canalys, smartphone shipments in China hit 476.5 million during 2016, an increase of 11.4 percent year-over-year.

In 2016, Xiaomi shipped 51.4 million units to take the fourth spot in the market. Apple, on the other hand, shipped 43.8 million smartphones, a decline of 18.2 percent compared to the year before. Due to its drop, Apple fell to be the fifth largest smartphone manufacturer in China, while Xiaomi leapfrogged to become third overall.

Although Apple shipped less smartphones this year, CEO Tim Cook remains optimistic about Apple’s future in China. Tim Cook and CFO Luca Maestri explained during Apple’s most recent earnings call that China represents a huge driver of growth. Specifically, Apple points to China as a driver of its ever-growing Services sector.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Stock News: Apple is the leader of the Smartwatch Market

Apple Stock News

For the latest Apple Stock News, AAPL closed at $128.75 on Wednesday, February 2, 2017 with a 0.23% gain, or $0.30 from its previous close of $128.45 per share.

Smartwatch market

The Internet of Things -IoT, is an impressive market. This term referred to the connected objects. Last figures disclosed following Apple Earnings Q4 are significant. In 2016, the smartwatch market represented a record of 21.1 million sales. And Apple is the leader of this business with more than 60% of market share. CEO Tim Cook revealed last night Apple makes its best quarterly results so far (Barron’s).

As the first version, the second updated encountered a real success. The demand towards the new product has been surprisingly strong. This enabled Apple to lead the field well ahead from Samsung. The Korean company only sold 800 000 units in 2016. Neither figures were disclosed by Apple ; But the Research firm Strategic Analysts estimated them to 5.2 million units.

Apple had to deal with competition in China. Their sales here decreased due to aggressive expansion of Chinese companies around the world regarding smartphone sales. However, Apple is still the dominant supplier of smart-watches worldwide. Their weak product portfolio as well as their limited retail presence are at stake. In the context of the 10th anniversary of the iPhone, Apple is expected to launch the Apple Watch Series 3 this year.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Stock News: AAPL Working Together with President Trump

Apple Stock News

For the latest Apple Stock News, AAPL closed at $120.08 on Monday, January 23, 2017 with a 0.07% gain, or $0.08 from its previous close of $120.00 per share.

Apple Stock News

(Source: https://goo.gl/F16dQF)

Apple is looking into an investment in the United States after President Trump’s message, “Buy American, Sell American,” is continuously emphasized. Apple Inc. CEO, Tim Cook, continued to show interest after meeting with the President, in which they discussed jobs and incentives. Included in their offer is lower corporate taxes and a discount for repatriation from overseas.

If Apple were to follow through on the plans, they would invest roughly $7 billion with their supplier Foxconn Technology Group to build a liquid crystal display (LCD) manufacturing plant in the United States. The Taiwanese manufacturer, Foxconn, is the biggest contract maker of electronics whose most popular customer is Apple, contributing to 50% of their sales. According to Nikkei Asian Review, Foxconn CEO, Terry Gou, has considered moving production to the U.S. due to improvements in information technology and productivity, and lower energy costs in the states. The panel display facility is expected to create up to 50,000 jobs for Americans which is likely to please President Trump. And to Apple’s benefit, the plant would allow them to update their apple products, including their Macs, iPads, and iMac desktops. The plant could also be forward thinking from Apple to build the next generation of smartphone screens. The United States is the second largest T.V. market, yet has no display factories, posing a huge opportunity for the technology duo.

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Stock News: Apple Shower?

Apple Stock News

For the latest Apple Stock News, AAPL closed at $117.63 on Friday, October 14th, with a 0.56% gain, or $0.65 from its previous close of $116.98 per share.

What is Apple’s interest in water conservation?  Recently, Tim Cook invested in a startup company, Nebia.  Nebia offers a unique showering system using atomizing technology.  Unlike traditional shower heads, the new shower head will release millions of fine mist droplets. As a result, this will cover a larger surface area and reduce water usage by up to 70%.  Is Tim Cook diversifying his focus on the future?

Apple Stock News

Water is among the most precious resource on earth.  Without water, life could not sustain itself.  As the population increases, so does its demand. Despite water covering about 71% of the world’s surface area, society is constantly being challenged how to conserve and distribute.  Unfortunately during the past five years in the state of California, where Apple is headquartered, it has been facing a serious drought.  Consequently, California had to declare a drought state of emergency in the year 2014.  Farmers and the public are forced to cut back, thus leading many to questions its water usage habit.  Perhaps, given the current circumstances, this is influencing Tim Cook to see a future demand and value in his investment in the company.  A leader’s action could be an indication for a company’s future.  Could this be the beginning of Apple venturing into water application?

Keep checking back for more news regarding AAPL. For Full AAPL forecasts and investment advice by our state of the art algorithm click here.

Apple Stock News: Recap of Apple and Outlook for Future

Apple Stock News

For the latest Apple Stock News, AAPL closed at $108.51 on Monday, August 22, with a fall of 0.40%, or $0.44 from Apple’s previous closing.

Here are the latest updates for Apple Stock News:

Apple is said to be releasing three new iPhone models this upcoming year, with one being a premium brand iPhone. Although many are excited about what the new iPhones will have to offer, many investors are becoming a bit skeptic, with analysts expecting sales for the iPhone to be down this upcoming quarter, as they have been decreasing for the past two quarters. Apple has had trouble to generate demand abroad specifically in China, where sales are down 33% year on year.

Apple Stock News

In addition to rumors about what Apple will be releasing, a huge milestone is occurring this week, being Tim Cooks’ Five-Year Anniversary. Although many people are debating whether Tim Cook is a better and more innovative CEO than Steve Jobs; no one can deny the facts. During the past Five-Years, under his leadership, APPL has increased 105%, while the SP500 has only increased 88% during the same period, a premium of 17% for Apple investors. Although Apple is currently in a bit of a rut, with sales declining over harsher regulation in China and not enough generated demand for the iPhones globally, Tim Cook; has surpassed expectations of taking the reign from a “founder-led company.” He has not only maintained Apple’s image but has even boosted it to being the world’s most valuable company.

Additional news revolve around Buffet, who is becoming increasingly optimistic of APPL, with his current $1.5 Billion stake in the company. He believes that although it may not grow as fast as it has in the past, it still will grow almost at 9% on a yearly basis. Buffet, like many giants in the activist investment world, grabs opportunities while the market is volatile and people are nervous. This is a huge reason for his investment into Apple, whereas it is a value firm, that has room to grow.

Keep checking back for more news regarding APPL.

Pages:12»