Wells Fargo Downgrades AAPL Over Gross Margin Concerns

9:30 AM, Jan. 2nd, 2014 · · Apple Stock Watch

Wells Fargo analyst Maynard Um may see a positive future for Apple, but that isn't stopping him from downgrading the company's stock from "Outperform" to "Market Perform" over concerns about its gross margins in 2014. His concern is that Apple's gross margin will see pressure thanks to the iPhone 6 and a power shift from handset makers back to cell service providers.

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Mr. Um noted that Apple's gross margins dip following iPhone redesigns, but climb on the midcycle updates. If that pattern holds, we'll see lower margins at the end of the year, but it won't signal the end for the company.

Apple’s Stock Performance Cost Tim Cook $4 Million, at His Insistence

7:30 PM, Dec. 30th, 2013 · · Apple Stock Watch

Tim Cook

Apple CEO Tim Cook's pay took a US$4 million hit in Apple's fiscal 2013, and it was his idea. Because Mr. Cook asked the board to tie more of his compensation to his company's stock performance, and because Apple's stock did poorly from August of 2012 until August of 2013, he lost some $4 million in potential compensation, or almost half of his compensation for 2013.

Analyst: Get Ready for AAPL Boost from China Mobile Deal

11:12 AM, Dec. 24th, 2013 · · Apple Stock Watch

With China Mobile pre-orders for Apple's iPhone 5S and iPhone 5C starting on December 25, Wells Fargo analyst Maynard Um thinks it's time for investors to get ready for a financial boost to Apple's bottom line in both its December and March quarters. Bringing the iPhone to China Mobile also bodes well for Sprint because the U.S. carrier plans to start using the same radio frequencies next year.

AAPL Climbs more than $18 on News of China Mobile Deal

8:39 AM, Dec. 23rd, 2013 · · Apple Stock Watch

Apple's stock price has been climbing ever since it looked certain that it had struck a deal to offer the iPhone through China Mobile, but once the official announcement came out on Sunday, the company's shares shot up over US$18 from their Friday close at $549.02. The deal means the iPhone 5S and iPhone 5C will be available on the world's largest cell service network with over 760 million subscribers -- more than the population of the United States.

Susquehanna Raises AAPL to $650 on Strong iPhone 5S Sales

11:41 AM, Dec. 19th, 2013 · · Apple Stock Watch

Apple's iPhone 5S is selling so well that Susquehanna Financial Group analyst Christopher Caso is raising his 12 month target price for the company's stock from US$625 up to $650. Those iPhone 5S sales are coming at the expense of the 5C model with Mr. Caso's manufacturing contacts showing a big shift to production of the higher end devices.

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Despite inventory constraint when the iPhone 5S first shipped, it's putting smiles on investor faces. Apple is keeping up with demand now, and that means even more 5S models can make it into customer's hands.

Analyst: Get Ready for a 29% Jump in Mac Sales

9:24 AM, Dec. 17th, 2013 · · Apple Stock Watch

Apple's Mac computer sales are on the rise and on track to show a 29 percent jump year over year for October and November, and 13 percent for the December quarter. Those numbers come from Piper Jaffray analyst Gene Munster who was working with data from the research firm NPD.

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Apple has recent product updates and good inventory levels this year. Mac sales better be up compared to last year.

Carl Icahn Scales Back AAPL Stock Buyback Push

10:14 AM, Dec. 5th, 2013 · · Apple Stock Watch

Big name investor Carl Icahn has scaled back some on how much more he thinks Apple should invest in its stock buyback program. Previously he was pushing for US$150 billion, but now is saying Apple should extend its current $60 billion buyback program by an additional $50 billion.

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Mr. Icahn thinks that pushing Apple to buy back more of its own stock is just what the company needs to push its value higher. Scaling back from his far more aggressive $150 billion plan was a smart move because now he's more likely to get the support of other shareholders.

Analyst: Get Ready for Bigger, More Expensive iPhone 6

10:51 AM, Nov. 20th, 2013 · · Apple Stock Watch

Apple's next iPhone is coming earlier, and will sport a bigger display and price tag. This, according to Susquehanna Financial Group analyst Chris Caso, is what we have to look forward to in 2014.

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The underlying theme with analysts expecting a larger screen iPhone is that Apple can't compete with Samsung's bigger smartphones. So far, Apple seems to be doing pretty well with its iPhone lineup.

AAPL Trader gets 2 1/2 Year Jail Sentence for Securities Fraud

9:32 AM, Nov. 20th, 2013 · · Apple Stock Watch

David Miller, the former securities trader that drove Rochdale Securities out of business with a US$1 billion Apple stock scam, will spend two and a half years in jail for wire fraud and conspiracy. Mr. Miller's ill-fated scheme banked on Apple's stock rising after a quarterly earnings report when instead it dropped, leaving the securities firm he worked for with the bill for the transaction.

Analyst: AAPL Q4 Earnings Report a Mixed Bag

10:36 AM, Oct. 29th, 2013 · · Apple Stock Watch

Apple reported record breaking revenue for its fourth fiscal quarter on Monday, bringing in US$37.5 billion, up from $36 billion a year ago, and climbing iPhone sales. Both are good news for the company and shareholders, but Wells Fargo analyst Maynard Um saw some bad news mixed in, too.

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Quarterly iPhone sales and revenue climbed, and iPad numbers were up, too. Now we're heading into the holiday buying season with new iPhones and iPads, plus updated MacBook Pro models. Even with sales declining in the overall PC market, Apple's Q1 2014 numbers have the potential to break records yet again.