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.
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.
Shares of Apple Inc. closed above US$600 on Monday, the first time $AAPL has done so since October 26th, 2012. The stock ended the day at $600.96, a gain of $8.38 (+1.41 percent), on light volume of 10 million shares trading hands.
Most iPhone 5s users enjoy and benefit from Apple’s biometric authentication called Touch ID. However, since it’s introduction, many users have experienced various problems with the fingerprint recognition. The latest iOS 7.1.1 update appears to fix many, if not all, of the outstanding issues. Sandro Cuccia explains what you need to do to properly reconfigure Touch ID so that you can take advantage of the enhancements.
Apple Inc. completed a US$12 billion bond offering Tuesday, an effort led by Deutches Bank and Goldman Sachs, according to Bloomberg. Reuters reported that Apple issued three, five, seven, and 10-year fixed rate notes along with three-year and five-year floaters.
Apple's stock closed just short of US$592 on Monday, but continued to climb closer to the $600 mark in after hours trading. The iPhone and iPad maker's stock has continued to climb ever since it announced a 7-to-1 stock split during its second fiscal earnings report on April 23.
Apple Inc. is preparing a second US$17 billion bond offering to finance the company's expanded stock buyback program. Apple is considering tapping European bond markets for the offering in order to diversify its investor base.
Apple Inc. announced a 7-for-1 stock split on Wednesday, and the question many shareholders have is, "What does this mean to me?" Bryan Chaffin has a long and a short answer for you. Spoiler: the short answer is "Nothing."
Apple reported selling 43.7 million iPhones during its second fiscal quarter for 2014, beating analyst estimates and showing better margins in the process. Despite that good news, Wells Fargo analyst Maynard Um sees a time coming where Apple will have to choose between maintaining high device margins, or driving unit sales.
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 →
There isn't anything stopping Apple from selling iPhones at a higher price point, and that's possible if the next new model ships with a larger display. That doesn't mean Apple will stop selling iPhones at current prices, and it doesn't necessarily mean iPhone sales will suffer. If Apple wants to keep its high margins on iPhone sales, and can't keep component costs low, it'll have to raise prices across the board, and that's the part that could impact sales.
Apple's shares shot up over US$40 in after hours trading following the company's strong second quarter earnings report on Wednesday, and continued to climb over night. Shares were up 8.53 percent in Thursday morning's pre-market trading, which didn't fit with the price drop Apple's shares often see after an earnings report.
TMO Weekly Sponsor
ACM 268: Apple Copycats, Ad Agencies, and Steve Ballmer: Sports Mogul
Copying isn't the same as innovating, but it seems plenty of people are confusing the two with Xiaomi. Jeff and…
TMO Daily Observations: 2014-08-20
Analysts and pundits are weaving some pretty big tapestries for Apple's product plans based on only a few threads of…