Stocks

The Stocks app kinda makes its way to the iPad in iOS 6

A few stock applications that were on the iPhone never made their way to the iPad. Indeed, the Weather, Stocks, and Clock apps for example have been nowhere to be found on the iPad since its launch in 2010.

With the introduction of iOS 6 beta though, Apple has officially brought the Clock app to its popular tablet – see our video walkthrough. Even though you won't find its icon anywhere, the Stocks app also makes an appearance...

iOS boss cashes in shares, pockets $38.7 million

Scott Forstall, who heads the team behind the software that powers iOS devices, by far Apple’s most profitable division, has recently sold 64,151 shares worth roughly $38.7 million, a new filing with the U.S. Securities and Exchange (SEC) commission has revealed.

Cook, identified as Apple's CEO-in-waiting in Adam Lashinsky's Inside Apple book, still holds nearly $2 million worth of shares plus retention bonuses worth over a quarter billion dollars provided he stays with Apple and the company does emerge as the world’s first trillion dollar corporation...

Apple to webcast second-quarter earnings call on April 24

Apple will webcast its calendar 2012 second-quarter earnings next Tuesday, April 24 at 2pm Pacific / 5pm Eastern. The call will include Apple's performance metrics and sales figures from a three-month period which ended March 31.

According to analysts, Apple is expected to report iPhone sales anywhere between 26 and 44 million units, with the best analysts’ consensus of 35 million units. Some folks are worried about a 24 percent drop in iPhone activations by Verizon and rumors that carriers might drop iPhone subsidy that hurt their bottom line.

I opined these concerns are overblown and should be taken with a grain of salt as crazypants analysts and Apple doomsayers regularly come out of the woodwork ahead of the company's quarterly reports.

Wall Street thinks Apple sold between 26-44 million iPhones last quarter

With Apple's earning release for the past quarter that ended two weeks ago now just eight days away, analysts are running their spreadsheets like crazy, falling over themselves to guesstimate just how many iPhones the company sold.

And as the iPhone lineup accounts for more than half of Apple's revenue, no wonder it's become Apple's most important business metric. AAPL passing the $600 milestone also owes much to the success of the iPhone, as does the company's projected $1 trillion valuation.

It's almost as if Apple's future and fortunes depend solely on the iPhone. With that in mind, seasoned watchers should ask themselves whether Apple can retain its crown of the world's top smartphone maker in the March quarter.

And, is the six-month old iPhone 4S still attractive enough to keep people interested until the fabled iPhone 5 (or whatever it ends up being called) arrives later this year? As always, only time will tell. But one thing is certain: Wall Street has high hopes in Apple's ability to keep the iPhone freight train chugging along...

Wall Street expects Apple to become the world’s first $1 trillion company

Those who sold their shares of Apple last October did not make the wisest move, but all is not lost. AAPL closed yesterday at $618.63 a share (more than a 32GB WiFi iPad, mind you) for a market cap of $577 billion. As the company's quarterly earnings report looms, analysts are running their spreadsheets and upping targets. So, how long until Apple zooms past the $1 trillion market cap milestone?

According to one analyst, it could be sooner than you think - in less than two years - as Apple drains market cap from rivals and profits from more money being poured into tech stocks. By a growing number of credible estimates, Apple is on track to become the first public company in the world with a $1 trillion market cap.

Phew, what a difference a few years make...

Apple to announce latest quarterly earnings on Tuesday, April 24

As noted by TheNextWeb, Apple has updated its Investor Relations page to notify shareholders that it will hold its Q2 2012 earnings call on Tuesday, April 24th. The call will start at 2pm PST, and include stats and sales figures from the last three months.

Apple has a lot of momentum right now and is expected to announce another successful quarter. Its stock price is sitting at the highest it's ever been, and its new iPad has broken a number of sales records since it launched early last month...

Apple stock closes at over $600 for first time

Today has been a pretty big day for those who currently own Apple stock. The Cupertino-based company announced this morning on a conference call with CEO Tim Cook and CFO Peter Oppenheimer that it will be issuing divdends and stock buybacks.

The stock market is liking Apple's announcement. While it hit $600 per share four days ago, Apple's stock has just closed at over $600 for the first time..

Apple stock touched above $600 per share this morning

It would seem as if Apple could do no wrong these days. It recently introduced a new tablet that, even though it has yet to officially go on sale, has created quite the buzz among consumers. And its stock has just hit an all time high.

At the end of February, AAPL was flirting with the $550 per share mark. But it fell back down below $520 just before the new iPad was unveiled. Ever since then, however, the stock has been on an unstoppable upward climb...

Apple is now worth $500,000,000,000

Apple's marketcap has just hit $500 billion dollars, with the help of the flurry of iPad 3 news today. Along with such an accomplishment, Apple has also just set a new 52-week high of $536.39 in after-hours trading.

Today's stock surge is due in part to Apple sending out invites to the media for its iPad 3 event, taking place on March 7th in California. This morning there were also rumors of what the iPad 3 might be packing...

Apple stock hits the $500 mark for the first time ever

A few days ago, we were praising Apple's stock new records, which valued he company at more than Google and Microsoft combined. At the time, the stock was trading at about $495, which its highest price ever.

Today, and after a few days of playing around the $500 mark, the stock finally broke it, trading as high as $503.83 for a few instants...

Apple stock reaching new heights, now worth more than Google and Microsoft combined

It sure is a good time to be an Apple investor. After reaching new records a couple weeks ago, the stock hasn't stopped going up ever since. AAPL is currently trading at about $495, which is an absolute record.

As 9to5Mac notes, at its current $460 billion market capitalization, Apple is worth more than 10% of all NASDAQ combined. More impressive maybe is that Apple is worth 52 times RIM's value, more than 5 times Amazon's, more than twice the value of Google, and almost double the size of Microsoft. Heck, Apple is worth more than Google and Microsoft combined!