And the reason should be obvious: Apple is one of the singularly most successful companies in the history of modern commerce, and shareholders don’t want anyone monkeying that up.
AAPL is Apple’s stock ticker on the NASDAQ exchange. AAPL went public on December 12, 1980 and has used AAPL ever since. Their IPO generated over $100 million, which was more than any IPO since 1967 when Ford Motor Company went public. Three hundred AAPL millionaires were created on that day.
Since then, there have been many more.
Great analysis as usual by Ben Thompson. He writes how the Apple News subscription might be good for certain publishers, and bad for others.
To that end, I am sure that a significant number of publications will sign up for Apple’s offering; clearly the company is confident enough to leak a date. And, frankly, many publications should: most publishers are already locked into the volume game when it comes to their editorial direction, and Apple News subscription payouts will be additive to the bottom line.
The main thing that concerns me is how revenue will be driven by clicks. I hope that Apple News doesn’t become a flood of yellow journalism.
Bryan Chaffin is joined by Dave Hamilton to take a very high-level look at Apple, comparing the company from its early days to the company of today, and looking ahead to what kind of company Apple might be tomorrow.
It’s time to break down Apple’s earnings, and Bryan Chaffin is joined by guest-host Jeff Gamet to do just that. They also discuss the ins and outs, ups and downs, and even some sideways aspects of Apple’s iPhone strategy. They cap the show with a look at Apple’s one weird trick of goosing Mac sales, which is to release new Macs.
Apple turned in a rare year-over-year decline for the company, but Wall Street was prepared because Apple warned earlier in January that it would miss its own guidance.
Bryan Chaffin and John Kheit chew on Apple’s rare guidance warning like the mangy junk yard dogs that they are. They also discuss innovation, scale, how a giant Apple should be structured, and what a Macintosh, Inc. spinoff might look like. It’s a rollicking episode, and you’re cordially invited to listen in!
Designers would win by being able to make more focused and less compromised designs; consumers would win with more choices; Apple would win with greater focused products, more revenue, better margins, and better market share.
Wall Street was unimpresed by Apple’s December Quarter revenue shortfall, and analysts raised concerns about China and pricing.
Bryan Chaffin is joined by Chuck Joiner from MacVoices to discuss Facebook’s ongoing crisis of blunders and mistakes, and whether or not CEO Mark Zuckerberg should go. They also look at what seems to be Tumblr’s real-time death spiral, and debate whether or not Wall Street is punishing Apple for not reporting iPhone sales and whether or not that’s OK.
Apple co-founder Steve Wozniak has revealed that he does not follow how Apple shares are performing in the stock market. Speaking to CNBC’s Scott Wapner on Tuesday, he said, “I do not watch it at all. Period. I’ve never used Apple’s stock app once…I don’t care. You know what? I never did anything for the value of stock and the value of a company and the value of money. I did it create great computers for the world.” Mr Wozniak famously gave away $10 million of his own stock to early Apple employees. Watch the exchange below.
Bank of America Merrill Lynch has issued a downgrade its rating of Apple Inc shares following Thursday’s earning call.
Though the company turned in a record September quarter, the average of Apple’s guidance for revenues between $89 billion and $93 billion was below Wall Street expectations of $92.94 billion.
Apple reported $62.9 billion in revenue for its fourth fiscal quarter of 2018 with 46.89 million iPhones sold.
Apple is set to host its 2018 fourth fiscal quarter earnings report after the market closes today, November 1st.
Apple CEO Tim Cook has donated some 23,215 shares of Apple stock to an unnamed charity, according to an SEC filing uncovered by BusinessInsider. Shares of $AAPL closed at 215.04 on Tuesday, making the value of this donation worth some $4.99 million dollars today. Of course, that value will change over time, and the dividend for those shares will earn the charity $16,947 every quarter. That’s a gift of $67,788 per year that keeps on giving, and it could grow if Apple continues to increase that dividend. In other words, it’s a princely gift from a man who has already promised to give away all his wealth (after providing for the education of his young nephew).
Bryan Chaffin and John Martellaro join Jeff Gamet to look at TechCrunch’s list of reasons why Apple is a greedy company and share their thoughts on whether or not they got it right.
John Martellaro and Dave Hamilton join Jeff Gamet to talk about the emotional aspect of Apple’s trillion dollar market cap, and the Lisa Brennan-Jobs memoir about growing up as Steve Jobs’ daughter.
Apple became the first company to close about a trillion dollar valuation on Thursday, which means Apple is now just $9 trillion away from being the first company valued at $10 trillion!
Bryan Chaffin and John Martellaro join Jeff Gamet to look at Apple’s market cap and explain what it means for the company to reach the US$1 trillion mark.