AAPL - Apple Inc.
| Previous Close | 230.09 |
| Open | 232.95 |
| Bid | 237.15 x 800 |
| Ask | 237.25 x 1000 |
| Day's Range | 232.31 - 237.64 |
| 52 Week Range | 142.00 - 237.64 |
| Volume | 41,990,210 |
| Avg. Volume | 28,170,385 |
| Market Cap | 1.067T |
| Beta (3Y Monthly) | 1.10 |
| PE Ratio (TTM) | 20.06 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 3.08 (1.34%) |
| Ex-Dividend Date | 2019-08-09 |
| 1y Target Est | N/A |
- Bloomberg
Trade Deal Will Send Apple's Bears Into Hibernation, Analyst Ives Says
Oct.11 -- Dan Ives, Wedbush Securities analyst, discusses the potential impact of the U.S.-China trade deal on Apple Inc. with Bloomberg's Taylor Riggs on "Bloomberg Technology." Ives, his family and his firm do not own shares of Apple.
- Yahoo Finance
Trade war pause, retail sales, bank earnings – What to know in the week ahead
The coming week’s docket of economic reports and earnings releases comes just following the Trump administration’s announcement of a partial trade deal with China late last week.
- Zacks
3 Stocks to Consider After US Reaches Partial Trade Deal With China
Investor optimism surged today after President Trump announced that a partial trade deal was reached with China today.
- Market Realist
Is Apple Expediting Its 5G iPhone Launch?
Recent reports hint that Apple could release its iPhone 5G modem by 2022. Today, Apple stock hit a high of $233.81, with a market cap of $1.054 trillion.
- Bloomberg
Trade Deal Is ‘Game Changer’ for Tech Stocks, Wedbush Says
(Bloomberg) -- The partial U.S.-China trade agreement is a “game changer” for technology stocks, at least according to one analyst.The deal announced by President Trump in the last hour of trading on Friday points to “brighter days” in relations between the two countries and makes it unlikely the U.S. will follow through with the more than $160 billion in tariffs slated to take effect Dec. 15, Wedbush Securities analyst Daniel Ives said. Concerns around those tariffs have resulted in a 10% to 15% discount on U.S. technology stocks by his estimation and the removal could “unleash a ‘risk on’ scenario” into year-end.Technology stocks had rallied throughout Friday’s session on speculation that some form of trade agreement was near. The shares pared some of those gains as investors realized that several of the thorniest issues, including those related to Huawei Technologies Co., remain unresolved. Huawei, which was blacklisted earlier this year, is a major buyer of U.S. electronic components.The late pullback wasn’t enough to prevent Apple Inc. from closing at a record and overtaking Microsoft Corp. as the world’s most valuable company. Greater China accounted for about 17% of Apple’s revenue in the fiscal third quarter and is home to a key portion of its supply chain. The Philadelphia semiconductor index also notched a 2.3% gain for the session, its best performance in a month.To contact the reporter on this story: Jeran Wittenstein in San Francisco at jwittenstei1@bloomberg.netTo contact the editor responsible for this story: Catherine Larkin at clarkin4@bloomberg.netFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Zacks
Facebook Q3 2019 Earnings Preview: Time to Buy FB Stock?
Let's take a look at what investors need to know about Facebook and some of its Q3 estimates to help us determine if FB stock might be worth buying before the social media company reports its Q3 2019 earnings results...
- Zacks
Netflix (NFLX) Earnings On Deck: Will Q3 Show Promise?
Netflix (NFLX) is set to report its third quarter results on Tuesday October 15th.
- Bloomberg
Apple’s Record High Edges Out Microsoft Amid Trade Deal Hope
(Bloomberg) -- Apple Inc. shares closed at a record on Friday as investors looked past a year marked by turmoil from the U.S.-China trade war and uncertain demand for the iPhone, a product that Apple is moving away from, but which remains central to its business.The stock rose 2.7% to $236.21 in New York, exceeding the prior high set just over a year ago. The move made Apple the most-valuable U.S. company again, topping Microsoft Corp. Both have a market value of more than $1 trillion. Earlier, the U.S. and China agreed on the outlines of a partial trade accord.The record is the culmination of a pronounced rally throughout 2019, a year that started on a highly bearish note, as Apple cut its revenue outlook for the first time in nearly 20 years. That move, taken in response to a weak outlook for iPhones upgrades and China’s economy, took the stock to its lowest level since April 2017.Since then, however, shares have been on a nearly uninterrupted march higher, with the stock higher in seven of the past nine months, not including October’s month-to-date gain of about 4%. Apple has climbed more than 60% off its January low, returning its valuation back above $1 trillion.Just as Apple’s weakness in the fourth quarter of 2018 was largely driven by concern over iPhone demand, the 2019 recovery has come on an easing of those fears. CEO Tim Cook recently told the German newspaper Bild that he “couldn’t be happier” with the launch of Apple’s recently released iPhone 11, and it was reported in early October that Apple had told suppliers to increase production. Analysts, in turn, have been growing more positive on demand, while also anticipating that next year’s model -- expected to be the first 5G version -- will be a blockbuster.In other respects, Apple is a different company from when it was last trading at all-time highs a year ago. The Cupertino, California-based firm is reinventing itself as a services-based company, with such initiatives as streaming video, video games and a credit card. In another change, the historically high-end gadget-maker unveiled these new businesses and products at less-aggressive prices.Despite the new-found focus on services, the iPhone continues to be Apple’s keystone product. Nearly half of its third-quarter revenue came from the product, compared with the 21.3% that was derived from services.Apple is expected to report fourth-quarter results on Oct. 30. Analysts are looking for earnings of $2.84 a share on revenue of $62.9 billion, according to data compiled by Bloomberg. That represents a decline of 2.6% for earnings and flat sales growth.According to a Bloomberg MODL estimate, it will ship 41.9 million iPhones in the quarter, at an average selling price of $770.35. That would represent a year-over-year drop of 14.5% for shipments, and a 3.1% decline in average price.(Updates with closing shares in the second paragraph.)To contact the reporter on this story: Ryan Vlastelica in New York at rvlastelica1@bloomberg.netTo contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Brad OlesenFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Yahoo Finance
Apple's China controversy is the price of doing business
Apple's recent China controversy won't be the last the company faces while doing business in the country.
- Zacks
What to Expect from Q3 Earnings Season with Big Banks Set to Report?
What to Expect from Q3 Earnings Season with Big Banks Set to Report?
- Reuters
US STOCKS-Wall St jumps on U.S.-China trade deal optimism
U.S. stocks rose sharply on Friday as hopes grew that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases. Cyclicals were among the day's best-performing groups, with industrials and others up more than 2% ahead of the third-quarter earnings season set to begin next week.
- Yahoo Finance
Apple's upswing shouldn't be a surprise: analyst
The underlying signs that may have signaled Apple's stock would climb.
- Zacks
Netflix Q3 Earnings Preview: Will NFLX Stock Make a Comeback?
Shares of Netflix (NFLX) have fallen over 20% in the past three months. Let's dive into everything we know about Netflix heading into its Q3 earnings release to see what to expect from NFLX stock...
- Investing.com
Stockbeat: Apple Hits All-Time High as Wall Street Talks up Streaming Potential
Investing.com – Apple (NASDAQ:AAPL) may be the new kid on the streaming block with its planned launch of Apple TV next month, but that hasn’t stop analysts on Wall Street endorsing the tech giant’s potential to rake in subscribers, pushing its shares to a record high on Friday.
- Reuters
US STOCKS-Wall St rallies on trade deal hopes, focus shifts to Trump-Liu meeting
Wall Street rose for the third straight session on Friday, with hopes running high that the talks between President Donald Trump and Chinese Vice Premier Liu He would culminate in a partial trade deal and delay planned U.S. tariff increases. Shares of Apple Inc hit a record high and were the biggest boost to the S&P 500 and Nasdaq, while the technology sector was set for its best day in five weeks.
- Investing.com
Stocks -- Trade Deal Sends Wall Street Soaring
Investing.com - Stocks finished at their highest levels in about two weeks as President Donald Trump touted a "substantial phase one deal" that resolves some of the trade disputes between the United States and China.
- Reuters
US STOCKS-Wall Street rallies on trade deal hopes; Apple hits record high
Wall Street rose for the third straight session on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases. Shares of Apple Inc hit a record high and were the biggest boost to the S&P 500 and Nasdaq, while the technology sector was headed for its best day in five weeks.
- Baystreet
TSX Set for 3rd Straight Positive Session
Canada’s main stock index was on course to rise for the third day on Friday on robust domestic jobs ...
- Zacks
The Zacks Analyst Blog Highlights: Apple, Microsoft, Garmin, Cirrus Logic and Synopsys
The Zacks Analyst Blog Highlights: Apple, Microsoft, Garmin, Cirrus Logic and Synopsys
- Zacks
Will Apple (AAPL) Beat Estimates Again in Its Next Earnings Report?
Apple (AAPL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- Zacks
PC Shipment Rises in Q3: LNVGY, HPQ, DELL & AAPL in Focus
Per Gartner and IDC, PC shipment volumes in third-quarter 2019 expand owing to the Windows 10 refresh cycle.
- Reuters
US STOCKS-Wall St rises as trade deal hopes grow; Apple hits record high
Wall Street rose for the third straight session on Friday, as investors expected top-level trade talks between the United States and China to result in a partial trade deal and delay planned U.S. tariff increases. Shares of Apple Inc hit a record high and were the biggest boost to the S&P 500 and Nasdaq, while the technology sector was headed for its best day in five weeks.
- Zacks
Stock Market News For Oct 11, 2019
Benchmarks closed higher on Thursday as President Trump said he would meet China's Vice Premier at the White House to settle trade disputes.
- Market Realist
Apple Stock Reaches an All-Time High
Apple shares opened 1.4% higher today. The stock touched an all-time high of $233.81 in intra-day trading. Wall Street expects a strong holiday quarter.
