Wells Fargo Upgrades AAPL, Says Market Overcorrected

10:22 AM, Aug. 25th, 2015 · · Apple Stock Watch

Wells Fargo upgrades AAPL to Outperform

Wells Fargo analyst Maynard Um upgraded Apple's stock rating to Outperform on Tuesday following Monday's rollercoaster market correction. He thinks Apple's stock dip yesterday was an overcorrection and that investors have a new buying window.

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Some days the stock market is a crazy roller coaster ride—like yesterday. Today, Wells Fargo thinks Apple is the ride to be on.

The New Stock Market Crazy: Tim Cook Emailed Jim Cramer to Stem AAPL Losses

2:41 PM, Aug. 24th, 2015 · · Apple Stock Watch

Apple's message when the stock market went crazy: don't panic

What happens when the stock market goes crazy and starts dumping value because of the market in China? If you're Tim Cook, you send an email to CNBC's Jim Cramer telling people to chill out. That's unheard of for Apple, and is probably a sign that—at least for a while today—the stock market really was that crazy.

Apple’s Stock Drops 3%, Enters Correction Territory

7:17 PM, Aug. 4th, 2015 · · Apple Stock Watch

Five Day Chart for $AAPL Ending August 4th, 2015

Shares in Apple Inc. have taken a bit of a beating in the last two weeks of trading, losing some 12 percent of their value. The stock has been pressured by worries about iPhone growth, concern that Apple Watch won't be a revenue game changer, and ever-present concerns about China's economy, but what sent investors into a tizzy Tuesday was $AAPL falling below its 200 day moving average.

Apple Sells Record Macs and iPhones, but Misses iPhone Estimates

4:54 PM, Jul. 21st, 2015 · · Apple Stock Watch

Apple Logo with Stock Graph

Apple reported revenues for the June quarter of $49.6 billion on Thursday, with earnings of $10.7 billion, or $1.85 earnings per share (EPS). The results exceeded Apple's own guidance and consensus estimates from Wall Street, and it was fueled by record third quarter sales of both Mac (4.8 million) and iPhone (47.5 million), all-time high revenue from services, and what Apple called "the successful launch of Apple Watch."

AAPL Q3 2015 Earnings Report Tuesday Afternoon

9:46 AM, Jul. 21st, 2015 · · Apple Stock Watch

Apple stock chart

Apple's third fiscal quarter earnings report is set to start at 5PM eastern time this afternoon. Analysts will be watching the numbers closely to see how many iPhones and iPads Apple sold, and are hoping to coax Apple Watch sales figures out of the company, too. The Mac Observer will be following Apple's announcements as they happen, so be sure to check in with us this afternoon for the latest earnings report news and analysis.

Analysts: Nobody Knows How Many Apple Watches Apple Sold

10:31 AM, Jul. 20th, 2015 · · Apple Stock Watch

Apple isn't saying how many Apple Watches have been sold

How many Apple Watches were sold during Apple's third fiscal quarter? That depends on which analyst you ask: it could be as low as 2.85 million, or as high as 5.7 million. They're all hoping to have a better idea just how many Apple Watches made it onto consumer's wrists, but unless Apple decides to specifically state how many were sold—which most likely won't happen—those analysts will have to try to extrapolate an answer based on the company's other numbers.

Apple Updates GarageBand for Mac and iPhone: New Drummers, Apple Music Connect, Force Touch

6:42 PM, Jun. 30th, 2015 · · Apple Stock Watch

GarageBand Icons

Apple released GarageBand 10.1 for OS X Yosemite on Tuesday, as well as GarageBand 2.0.7 for iOS 8. Both updates add support for Apple Music Connect, allowing artists to upload content directly to Connect. The Mac version also adds ten new drummers, new patches, 1,000 new Apple Loops, support for Force Touch trackpad (which is currently only available on Apple's new MacBook), and more.

Apple to Announce Q3 Results July 21st

8:00 PM, Jun. 29th, 2015 · · Apple Stock Watch

Apple Logo with Stock Graph

Apple on Monday scheduled its fiscal 3rd quarter earnings announcement for July 21st. The company will release its earnings report after the closing bell, and then hold its conference call with analysts at 5:00 PM EDT/2:00 PM PDT.    Apple will stream that call to the public.

Carl Icahn Steps Up Pressure on Apple and Tim Cook to Buy Back More Shares

8:41 PM, May. 18th, 2015 · · Apple Stock Watch

$AAPL

Activist investor Carl Icahn stepped up his pressure on Apple and company CEO Tim Cook to increase share buybacks. In an open letter designed as much to influence investors as Apple's management, Mr. Icahn made the argument that Apple's stock is worth US$240 share today based on his believe that Apple will dominate the television market in 2016 and the automobile industry by 2020. Bryan Chaffin walks you through the pretinents.