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.
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.
March 26, 2014 |
Apple said it is working to bring more racial diversity to its popular set of cartoon icons known as emoji. The Cupertino, Calif., tech company hopes to update its emoji icons so they are inclusive of more people, Apple said in a response to an email sent from MTV that was sent to Chief Executive Tim Cook. "There needs to be more diversity in the emoji character set, and we have been working closely with the Unicode Consortium in an effort to update the standard," said Katie Cotton, Apple's vice president of worldwide corporate communications, according to MTV . VIDEO: Unboxing the HTC One (M8)
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?
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.
February 5, 2013 |
We would be remiss in our coverage of the Dell deal today if we did not point out some of the delicious ironies and coincidences contained therein. Let us flash back first to 1997. It's Aug. 6, at the Macworld conference in Boston. Apple's interim chief executive, Steve Jobs, takes the stage to make a stunning announcement . Rival Microsoft has thrown Apple a lifeline by agreeing to invest $150 million to keep the company afloat. As the announcement is made, a gigantic image of Microsoft CEO Bill Gates appears on a video screen behind Jobs, as the audience gasps. QUIZ: Test your Apple knowledge "We have to let go of a few notions here," Jobs said that day. "We have to let go of the notion that for Apple to win, Microsoft needs to lose.
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.
January 19, 2011 |
Apple found a way to divert attention from Chief Executive Steve Jobs' health Tuesday ? a blowout $6 billion in profit. A day after Jobs stunned investors and employees alike by announcing he was taking medical leave for the third time in seven years, Apple Inc. crushed analysts' estimates with record first-quarter revenue and earnings. The company's stock rallied on the report, buoyed by impressive sales of iPhones, iPads and a pipeline of consumer gadgets. Shares fell a less-than-anticipated 2.2% to $340.