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Cramer: Apple (AAPL) Shares Have Already Bottomed

Shares of Apple Inc (AAPL) have continued to rise on strong confidence in the company’s global position. Analyst Jim Cramer, one of the company’s biggest believers, continue to hammer home his belief in the company’s overall market dominance.

Cramer’s analysis that Apple has already bottomed should “ring a bell” for many listeners. If you have [...]

Apple (AAPL) Shares Bounce Back on Market/iPhone Confidence

Shares of Apple Inc (AAPL), surged both late yesterday afternoon and early this morning as the market and Wall Street begin realizing the company’s premium positioning. As the stock market fights its way through these difficult times, Apple is believed to be the company to watch, as its swings dictate the market’s performance.

Although Apple [...]

Apple (AAPL) Has More Cash Than Microsoft

Microsoft recently its first quarter revenue report, and deep within the documents, is a pretty astonishing fact. Based on the most recent information from both companies, Apple (AAPL) has more cash than Microsoft.

VentureBeat points out that while Apple closed the quarter with $24.5 billion in the bank, Microsoft is hovering around $20.7 billion when [...]

Teenager Was Behind False Steve Jobs Heart Attack Rumor [Update]

The SEC has pinpointed an eighteen year old kid as being the person responsible for posting a fake rumor about Apple CEO Steve Jobs suffering a heart attack.

While we new the SEC had begun investigating the incident, the intentions behind the fake rumor have been unclear. Many believed it to be a stock scam, while [...]

Fortune: Analyzing the Apple Analysts After Q4 Earnings Call

Now that Apple has reported their 4th quarter earnings results, Fortune has put together a chart analyzing the numerous Apple analysts, and how close they were to actual numbers reported by Apple.
Philip Elmer-DeWitt explains for Fortune, “What jumps out of the chart for me is how badly the pros blew the iPhone numbers: the [...]

Apple (AAPL) Shares Skyrocket in After Hours Trading, Up Over 14% [U]

Shares of Apple Inc, (Nasdaq: AAPL) have skyrocketed in after hours trading on Tuesday, October 21st following the company’s 4th quarter earnings results conference call.

Currently, shares of the big tech firm are hovering around $104.40 in after hours trading, up $12.91 (14.11%) from the day’s closing price of $91.49. As we previously reported, Apple has [...]

Steve Jobs Makes Rare Appearance During Quarterly Earnings Call

Apple CEO Steve Jobs made a rare appearance during Apple’s 4th quarter earnings results conference call. Feeling the timing was right to address some questions that have been raised, Jobs highlighted two core milestones. First being Apple beating (outselling) RIM, and second, measured by revenue, Apple has become the world’s third largest mobile phone supplier, [...]

BOOM! Apple Officially Smashes Goal of Selling 10 Million iPhones

BOOM! Apple has officially shattered their goal of selling 10 million iPhones by the end of calendar year 2008.

Arguably the biggest piece of information announced in today’s 4th quarter earnings conference call was Apple’s iPhone sales. Apple has explained that in this past quarter 6.9 million iPhone 3G’s were sold. This exceeds all previous iPhone [...]

Reminder: Apple Announcing Q4 Financial Results

Apple’s Q4-2008 Financial Results Conference Call will begin Tuesday, October 21 at 2:00pm PT/5:00pm ET. If you are planning on listening to the webcast, please make sure you have QuickTime installed before the event begins.

Apple (AAPL) Upgraded Due to Cushy Market Position

JPMorgan upgraded Apple (Nasdaq: AAPL) stock to “Overweight” from its previous rating of “Neutral” this morning. The reason behind this leap in confidence? The Wall Street heavyweight argues that Apply is protected “from the cold winds of a consumer downturn.”
In other words, Apple is setup with a nice cushion between its revenue [...]

Apple’s Notebook Family Price-Points Have Analysts in a Tizzy

Apple has released an entirely new family of notebooks today, as well as a revamped LED Cinema Display. Instead of reducing prices to soften the friction towards a hurting economy, Apple has decided to remain steadfast in their approach of adding new features and better performance while keeping price points intact.

In the face of completely [...]

Apple (AAPL) Upgraded to Buy, Back to Back Rallies

While speculation and anticipation for tomorrow’s notebook media event builds up, Apple (Nasdaq: AAPL) shares are chugging through back to back rallies, and the stock is currently hovering above $100 per share.

View the full AAPL chart at Wikinvest

Toni Sacconaghi of Sanford Bernstein, who has been rather bearish when it comes to Apple for nearly two [...]

Extremely Scary Trading Day for Apple (AAPL) Shareholders and Investors

On September 29th, Apple (Nasdaq: AAPL) shares saw the sharpest sell-off the company has seen in years. After losing nearly $20 billion in market cap, the shares continue to get slammed, hovering in the $80’s all day today before closing up $1.07 (1.10%) per share.

For those not interested in following the nuances of Apple’s day [...]

Apple: We’ve Got $20 Billion Saved, Go Analyze Yourselves

Remember the days when Apple was trading in the low $180’s? Or even 160’s? Those days are long gone as Apple shares continue to get slammed. Economic crisis, coupled with lower consumer spending and slumping interest in the computer market, have made Apple’s stock suffer immensely.

Apple (Nasdaq: AAPL) shares were slammed today, down 8%, closing [...]

Apple to Release Fiscal Fourth Quarter Report on October 21

Apple has announced today that they will release their fiscal Q4 report on October 21, which may indicate how the current economic downturn has impacted the company.

This week Apple had seen shares plummet a massive 18% only to be followed by major analyst downgrades, indicating that the struggling economy and weak consumer demand may [...]

Apple Awards Executives $122 Million Worth of Stock Grants

Apple has long used stock grants, as a way to lock crucial executives into their positions at the company for certain amounts of time. Last week the Cupertino big-tech firm awarded more than $122 million in stock compensation to members of its executive team.

The restricted stock grants are being used to reward Apple’s top-line of [...]

Apple’s 18% Sell-Off Unfounded, Wall Street Defends Share Price

Apple shares were slammed yesterday seeing the sharpest sell-off the company has experienced in years. Closing in the low $100’s, Apple lost nearly $20 billion in market cap. Today the stock has risen nearly 5% and many analysts still maintain a “buy” rating while defending the Cupertino big tech firm.

Citi has reiterated their Buy rating [...]

What to Expect From Apple’s Fiscal Fourth Quarter Numbers Report

Tomorrow being the last day in the fourth quarter, its safe to evaluate what we can expect to hear from Apple’s (Nasdaq: AAPL) fiscal fourth quarter numbers. Analysts warn that Apple will primarily focus on how it will overcome current economic downturn, in the face of a struggling economy and weak consumer demand.

Apple will [...]

Apple Shares Downgraded, Not Immune To Slumping Economy

Investment banks Morgan Stanley and RBC Capital have both downgraded their target price on Apple Inc, (Nasdaq: AAPL) shares, proving that not even Apple is immune to economic downturn, slowing demand and “less-than-stellar” financial spending issues.

View the full AAPL chart at Wikinvest

Both downgrades prove that Apple is not immune to the overall economic downturn we [...]

Apple Shares Getting Slammed, Holiday Shopping Season Looks Bright

Technology giant Apple Inc., (NASDAQ: AAPL) has been navigating tough terrain for the last few months. Not immune to outside forces, Apple’s share prices have been getting hammered, hitting their lowest closing price in six months.

Back on Mar 17, 2008 Apple shares closed at $126.73 per share. Since then the stock has risen high on [...]