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Apple stock

Apple Stock

Apple may soon become the world’s first trillion-dollar company

May 8th, 2017

Buoyed by the forthcoming release of the iPhone 8, shares of Apple have been on an absolute rampage lately. Over the past few months, Apple shares have skyrocketed by nearly 50%. In fact, Apple shares earlier today reached a brand new all-time high, eclipsing the $153.50 threshold for the first time in company history. In …

By the numbers: Apple vs. the world

February 13th, 2012

The news that Apple planned to unveil its third-generation iPad in early March sent Apple’s stock soaring to $500 and beyond, and it brought back a meme that has come and gone quite frequently over the past year: “Apple is worth more than.” Ever since Apple began to go back and forth with Exxon for …

Analysts downgrade Apple stock, cite Foxconn deceleration

March 16th, 2011

Despite ballooning revenues and a record of kick-ass quarterly reports, Apple’s stock has been downgraded from “market outperform” to “market perform” by JMP Securities. The firm said that it made the choice based on the “notable deceleration in [Apple’s] primary manufacturing partner Hon Hai (Foxconn) that was emerging even prior to the amplified uncertainty created …

Apple stock opens down 5% on news of Steve Jobs’ medical leave

January 18th, 2011

With Steve Jobs’ medical leave from Apple, many expected the company’s stock to get hit quite a bit — and they’d be right as shares of AAPL are down around 5% as the market opens this morning. Don’t forget that Apple is reporting its Holiday quarter earnings later today, however, and the consensus is that Apple will …