12.10.07 - 04:20pm
No cash allowed still but you can now purchase five rather than two iPhones if you wish this holiday season.
Initially it was thought that Apple had set the two iPhone limit in order to try to stop buyers from re-selling the iPhone illegally unlocked and to conserve iPhones for the European release. Whether or not the extra iPhones are being allowed in the U.S. is due to extra stock, consumer demand in buying gifts for others, or because Apple is now using alternative means to crack down on unlocked iPhones is anyone’s guess. Apple is remaining mum as usual.
The increase in the iPhone availability and the possibility of extra product doesn’t appear to be hurting their stock however, which has been on the rise and is currently at $194.45 in after hours trading.
Category: apple, iPhone | Tags: apple, iPhone, stock | Be the First to Comment »
11.27.07 - 04:30pm
Apple has a history of rising high each holiday season, traditionally jumping around 43% through the holidays till MacWorld in January. Thus the news that this may be the last chance to buy the stock for below $175 shouldn’t really be news to anyone.
Georges Yared an analyst at Blogging Stocks says “Apple is fast becoming the business school case study right before our very eyes as this company is executing flawlessly.”
Yared, believes this is the last chance for anyone to purchase Apple below $175. Yared has set his Apple target price at $225.
“Currently Apple is at $171 and this may be your last chance to buy it below $175. Apple finished its fiscal year 2007 with incredible numbers, margins, and more importantly, momentum, entering the new fiscal year,” Mr. Yared wrote. “The Mac [product] sold 2.16 million units in the quarter ending in September, and the December quarter will only see upside to that number.”
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07.06.07 - 10:13am
Everyone loves the iPhone and investors are loving it too as Apple shares reached an all time high yesterday riding the iPhone wave.
The shares climbed to as high as 4.4 percent to $132.75 in after hours trading yesterday as numerous reports sporting good news about the iPhone have continued.
First there was the nice profit that Apple is making on the phone - over a 55 percent margin. Then there was the simple fact that Apple sold almost three quarters of a million iPhones in the first weekend. Talks of deals closing in Europe was also welcome news. Apple restocking their warehouses showed that they could handle the demand, and to top it all off everyone loves the phone. There are minor glitches here and there but simply put it is the hottest item on the market today! Bigger even than the iPod.
Category: apple, iPhone | Tags: after-hours_trading, investors, iPhone, news_apple, price_target, record, stock | Be the First to Comment »
05.18.07 - 02:00am
Apple is back on top today, after a $4B loss based on a false report, with it’s stock rising above $110 on the news that the iPhone has passed the FCC requirements.
“The iPhone has passed its required FCC certification milestones and is on schedule to ship in late June as planned,” Natalie Kerris, Director of Apple Music PR, said in a statement. “We can’t wait until customers get their hands and fingers on it.”
No new news of the features has been released however as the FCC, in compliance with Apple is keeping things under wraps.
“Although Apple has begun to market the device publicly,” Steinfeld, the company’s EMC & Wireless Compliance Manager said, “these documents reveal technical and design information that has not been publicly disclosed in such marketing and that is protected by Apple as confidential and proprietary trade secrets.”
Category: apple, iPhone | Tags: apple, fcc_certification, iPhone, natalie_kerris, stock | Be the First to Comment »
02.21.07 - 03:40pm
News from the Prudential Equity Group that Apple is poised for a solid fisqual second quarter, sent Apple shares up four percent today in afternoon trading to $89.25 rising $3.35.
“Our recent checks with industry contacts suggest a solid March quarter with seasonal iPod unit weakness being more than offset by stronger Mac sales and higher margins due to a favorable component cost environment,” analyst Jesse Tortora wrote in a client note.
Shares of Apple have been down about 12 percent since reaching highs that peaked at $97.80 after Steve Jobs announced the iPhone.
Tortora said that along with Mac sales tracking ahead of company expectations, iPod after holiday sale drop-offs had been partially offset by stronger sales of the iPod Shuffle when the “shuffle colors” were released.
Category: iPod | Tags: apple, shuffle, stock | Be the First to Comment »
12.02.06 - 09:46am
It’s not too late to invest in Apple. “Apple shares have been on a tear the past few months, and with holiday shoppers feverishly snapping up more Macs and iPods, the company’s stock looks like a sure bet to cross the $100 mark,” Katie Dean reports for TheStreet.com.
Apple’s shares have more than been on the tear just this last month. It has doubled in just over a year and “by historical standards are still relatively cheap” said Richard Stice, an equity analyst with Standard & Poor’s. The share’s have reached an all time high of 91.80 this week and appear to still be rising.
Analysts say PC shipments are expected to be up 10% this year with Apple growing at an even faster clip. Even though the iPod shuffle is cheaper than other iPod’s it can be a gateway for more spending later and is one of the hottest items for the holiday season. 2007 is expected to deliver for Apple. Rumors of the iPhone, new iPods, video iPods and iTV. which will allow people to access music and videos stored on their computer wirelessly through their home entertainment systems are all propelling Apple’s stock. Dean says “All are expected to appear sometime next year.”
Category: iPod | Tags: apple, ipods, stock | Be the First to Comment »
