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  • Apple Stock Crosses $700 Per Share After Hours On The Strength Of iPhone 5

    Apple Stock Crosses $700 Per Share After Hours On The Strength Of iPhone 5

    Apple joined the illustrious $700 club today in after-hours trading. The list of stocks that have traded at or above that price per share includes only a few select companies, such as Google, which passed that mark earlier in September. The share price was likely driven up first by strong response to its opening of iPhone 5 pre-orders last Friday, and then by the news today that in fact… Read More

  • Facebook Stock Hits A New Low, Now Down More Than 50% Since IPO

    Facebook Stock Hits A New Low, Now Down More Than 50% Since IPO

    Facebook’s stock just hit a new low and has now lost more than 50% of its value since the social network’s IPO in May. This new record low comes after analyst firm BMO Capital Markets cut its price estimate on the company’s shares from $25 to $15 today. Research firm eMarketer also just announced that it expects Facebook’s revenue for this year will remain under the… Read More

  • Google’s Page: 2-for-1 Stock Split An Investment For The Long Term, Not Big Acquisitions

    Google’s Page: 2-for-1 Stock Split An Investment For The Long Term, Not Big Acquisitions

    Larry Page kicked off Google’s earnings call today with a run-down of his statements in the Founders’ Letter and some broad brushstrokes around the company’s new stock structure, which will see Google create a new class of shares, effectively a two-for-one stock split for existing shareholders. As with the company’s original two-class voting structure, Page today… Read More

  • Need Some Cash? Buy Apple Stock Instead Of Apple Gear

    If you had bought Apple stock instead of an iPod back in 2001, you’d be about $10,000 richer. According to an assessment by Kyle Conroy, you’d be a few times richer if you bought Apple stock instead of Apple gear on day of launch. What does this say about us, as consumers? That we’re ravenous fools intent on spending ourselves into oblivion? Pretty much. The highest bit of… Read More

  • Shares of AAPL down after the Stevenote

    During the WWDC keynote today, shares of AAPL retracted lower as investors showed mixed feelings about the announcements. As of this story AAPL is down nearly 3 points, but not as bad as a few years before. Read More

  • Yogurt store employee confirms Jobs "Not dead yet"


    Robert “I like yogurt” Scoble interviewed Steve Jobs’ yogurt purveyor, asking him if the wizened CEO had been in lately. The answer? Yes. So Steve is well enough to eat yogurt. Smack 32 cents onto Apple’s stock price. This frenzied speculation about Jobs is quite sad indeed. As we all know, Jobs is the driving force behind Apple’s innovation but, last time I… Read More

  • Contest: Call the Apple stock drop, win a Microsoft mouse


    It’s not that investors just love seeing Jobs and want to punish him for not gracing them with his presence. No! No Steve at Macworld implies no new hot products at Macworld. Although marketing VP Philip Schiller will be filling in for the shilling, the lack of Steve implies that it’s going to be pretty tame, and earnings expectations will be adjusted accordingly. Apple’s… Read More

  • Wall Street points out Apple's soft spots

    Apple’s shares took a little bit of a hit today, after a Wall Street analyst lowered his rating in the short term on their stock. The analyst said that while Apple is still strong, in the short term they may find it difficult to reach sales targets on the MacBook Pro, and the ever popular iPods. He also said that it’s appearing unlikely that Apple will release a new product at… Read More

  • Apple stock falls thanks to financial panic, down 14%


    If I had bought Apple stock back in 1985… AlleyInsider is reporting that AAPL is down to $110 – 14% – due to stock downgrades by Morgan Stanely and RBC. Why? Because folks aren’t buying stuff – it’s “the weakest [90-day electronics spending] ever seen” – and Kathryn Huberty points out that Apple isn’t in the sub-$1,000 laptop… Read More

  • Apple now third most valuable company: behind Microsoft, Google

    A minor update to Hickey’s “Apple shares hit $200” post from the other day: Apple is now the third most valuable technology company, right behind Microsoft and Google. Its market capitalization (yes, I had to look up what that means) is now around $174 billion, some $100 billion more than last year. And to think I got excited when Grandma sent me $50 for Christmas. Keep in… Read More