AAPL 7-to-1 Stock Split Trading Starts Today, Over $92

8:54 AM, Jun. 9th, 2014 · · Apple Stock Watch

After closing on Friday at US$645.57, Apple's stock is trading in the pre-market Monday morning around $92. That drop doesn't, however, indicate a decrease in Apple's stock value but instead comes from the promised 7-to-1 stock split scheduled to take effect today.

AAPL Stock Split: What You Need to Know

11:15 AM, Jun. 5th, 2014 · · Apple Stock Watch

Apple's 7-to-1 stock split is only a couple days away, and the company said that the change applies to share holders on record as of June 2. With one date behind us now, and the other fast approaching, what does that mean for your Apple stock, especially since it's still trading? Read on to find out.

Analyst: WWDC Announcements Should’ve Included Hardware

8:03 PM, Jun. 2nd, 2014 · · Apple Stock Watch

Apple's two hour keynote event to kick off its annual Worldwide Developer Conference Monday morning was filled with details about OS X Yosemite, iOS 8, and developer tools, but it didn't include any new hardware announcements, and Wells Fargo analyst Maynard Um says that was a disappointment.

The Mac Observer Spin The Mac Observer Spin is how we show you what our authors think about a news story at quick glance. Read More →

No new hardware at WWDC isn't a cause for disappointment. Had Apple failed to show any level of innovation during the keynote would've been more of a concern, and there was plenty to be pleased with from HealthKit to app extensibility in iOS 8, to improved file sharing and syncing, and more. The hardware will come, and it'll get its own media event.

Apple’s Stock Steady Considering Lack of Product Announcements

5:29 PM, Jun. 2nd, 2014 · · Apple Stock Watch

$AAPL Chart

Shares of Apple's stock held remarkably steady on Monday considering the lack of new hardware announcements or other new products during the company's annual World Wide Developer Conference (WWDC) keynote. The stock lost some 0.69 percent in strong volume to close at US$628.65, down $4.35, on strong volume of 13.2 million shares trading hands.    

iPhone Carrier Deals Pushes up Wells Fargo AAPL Target Price

11:26 AM, May. 30th, 2014 · · Apple Stock Watch

Wells Fargo analyst Maynard Um raised his 12 month target value range for Apple's stock on Friday because the number of iPhone carrier deals the company has in place is on the rise. Currently, 323 cell service carriers offer the iPhone, up from 316 only a month ago. His target range is now between US$595 and $640, up from $515 and $585.

The Mac Observer Spin The Mac Observer Spin is how we show you what our authors think about a news story at quick glance. Read More →

It may not seem like there are many places for Apple to continue expanding iPhone availability, but clearly there are. More carriers means more potential iPhone sales.

Analyst: Apple’s Beats Purchase may be Defensive

10:26 AM, May. 29th, 2014 · · Apple Stock Watch

With Apple's confirmation that it is buying Beats Music, the question shifts from "if" to "why," and Wells Fargo analyst Maynard Um thinks that's still something of a mystery. Based on what we do know, Mr. Um thinks Apple's US$3 billion deal could be a defensive move, which would mark a change in company strategy.

Analysts Raise AAPL Tagets on iPhone Hopes

11:48 AM, May. 28th, 2014 · · Apple Stock Watch

Apple's stock is on the rise, and so are the target prices for the iPhone and iPad maker's shares. Both Toni Sacconaghi of Bernstein Research and Ben Reitzes of Barclays raised their target price for Apple's stock on Wednesday, citing expected high demand for the next version of the iPhone.

$AAPL Hits 19-Month High on Home Automation Report

5:59 PM, May. 27th, 2014 · · Apple Stock Watch

AAPL Chart

Shares of Apple Inc. rallied to a 19-month high on Tuesday. Investors were cheered by a report that said the company would launch a home automation platform at next month's World Wide Developer Conference. $AAPL closed at US$625.63 per share, a gain of $11.50 (+1.87 percent), on heavy volume of 12.4 million shares trading hands.

AAPL Hits Another 52 Week High Ahead of Stock Split

8:55 AM, May. 20th, 2014 · · Apple Stock Watch

Apple's stock closed on Monday at US$604.59, up $7.08 for the day, marking a new 52 week high for the iPhone and iPad maker. The company's shares have been on the rise leading up to its 7-to-1 stock split scheduled for June 2. AAPL has traded as high as $607.33 in recent days, but has dipped back down before Wall Street's closing bell.

3 Free Funny Apps for iOS

7:54 PM, May. 9th, 2014 · · Apple Stock Watch

Free on iTunes

Need a laugh? Vern Seward points out 3 iOS apps that'll have you knee slapping in no time in this week's Free on iTunes. Comedy Central, Comedy Central Standup, and WitStream.