March 22, 2013 |
For those of us not directly invested in Apple, the stock's trajectory over the last six months has been a thrill ride to rival anything you'll find at Magic Mountain. Since hitting an all-time peak of $705 in mid-September, the shares have been on a long slide, reaching $419 before recovering a bit to almost $462 last week. At the peak, learned Wall Street analysts were speculating about how high Apple could go and whether the sky really was the limit; at the current trough, they're all but proclaiming the end of the Apple era. Here are the questions on everyone's lips: Who's right?
October 21, 2013 |
Apple is slated to hold its latest media event in San Francisco on Tuesday, but what exactly will the tech giant announce? Plenty, it turns out. Reports say the Cupertino, Calif.-based tech giant plans to follow its September iPhone event with a showcase of new products, primarily starring new iPads. GUIDE: Where to sell old iPads before new ones are announced Here's what you can expect from Apple, as well as one product you shouldn't hold your breath for. Redesigned iPad Apple is expected to announce the fifth generation of its 9.7-inch-screen iPad.
January 24, 2013 |
As Apple's luster dims on Wall Street, the tech giant's stock is becoming cheaper and cheaper. By at least one measure, Apple's stock is becoming a bargain. Its price-to-earnings ratio, a shorthand measure of value for stocks, has fallen well below the average of the broad Standard & Poor's 500 index. “The P/E is extremely low,” said Howard Silverblatt, senior index analyst for S&P Dow Jones Indices. As Apple's stock falls 10%, to $461.46, in early trading following Wednesday's disappointing earnings report, its P/E ratio -- based on the previous 12 months of earnings -- is down to 10.5.
June 10, 2013 |
Ahead of Apple's keynote at 10 a.m., a who's who of Apple executives are standing around waiting for the show to commence. Among them are CEO Tim Cook, design chief Jony Ive and even former vice president and Apple board member Al Gore. Times reporter Chris O'Brien is on location and has been recording his experience using Vine, Twitter's new six-second video-sharing app. Check out the sights he's seen below. WWDC 2013: Follow our live coverage of Apple's keynote ALSO: What kind of cat will the new version of Apple's Mac OS X be?
June 10, 2013 |
Apple will bring iBooks to laptops and desktops, it announced in the keynote of its Worldwide Developer Conference on Monday in San Francisco. Since the launch of the iBookstore in 2010, iBooks has only been available as an app. The complete iBooks marketplace, 1.8-million titles, will be available to users on Apple laptops and desktops using its OS X operating system. Any books that you have previously purchased will be available on your laptop or desktop, reports the Next Web. With the move, Apple makes a direct appeal to student users.
September 12, 2012 |
Apple's stock barely budged after the technology giant unveiled the iPhone 5, which it bills as the world's thinnest smartphone. Investors seemed to shrug off the announcement -- but that's not entirely shocking. Apple shares have, on average, fallen 1.4% the day the company launched all of the previous incarnations of the iPhone, according to Morgan Stanley. PHOTOS: Apple iPhone 5 The investment bank said the week after Apple announcements haven't been all that hot either.
March 4, 2013 |
Apple's stock price continued its fall Monday, dragging the company's market value below $400 billion for the first time since January 2012. In midday trading, Apple's stock was down $7.52, or 1.75%, to $422.95. That put its market capitalization at $397.54 billion. It also cost Apple the title of "world's most valuable company," losing it to Exxon Mobil Corp., which had a value of $ 399.69 billion in midday trading. QUIZ: Test your Apple knowledge Apple is on the verge of crashing through another low. On Jan. 24, 2012, Apple's stock closed at $420.41 per share, just before the company reported blowout earnings that sent its stock soaring to $ 446.66. That momentum carried the stock through the year, on its way to peaking at $702.10 in September.
September 17, 2013 |
Thanks to an app update for the iPhone and the iPad, Apple TV users can now watch movies and TV shows offered on Amazon Instant Video. The Seattle-based online retailer has updated the Amazon Instant Video app to support AirPlay, a feature that makes it possible for users to beam content on their devices to their TV sets via the Apple TV digital receiver. It's a way to get around the fact that Amazon Instant Video is still not available as an app on Apple TV the way Netflix and HBO Go are. With the apps, users can simply click on Netflix or HBO Go channels on their Apple TV to watch videos.
July 29, 2011 |
Apple Inc. may not have more money than God. But it's got more cash than Uncle Sam. As the government struggled to reach an agreement on raising the debt ceiling, the U.S. Treasury's cash balance fell to $74 billion this week. That's less than the $76 billion that Apple now has in cash. It's not terribly likely that the government will ask Apple Chief Executive Steve Jobs for help. But it wouldn't be the first time the government has asked for a bailout from an industry mogul.
September 29, 2012 |
As worldwide attention focuses on Apple's problem-riddled Maps app, another Apple miscue is about to be quietly put to rest. This month, Apple's iTunes music social network -- Ping -- began displaying a sign notifying users that the network was no longer accepting new users and will shut down Sunday. Ping's closing comes as little surprise. Apple plans to update iTunes next month and will integrate it with Facebook and Twitter, letting users "Like" and share songs, apps and other pieces of content.