Monday, Investment firm Jefferies upgraded the iPhone maker up to buy and reset their expectations with a price target of $600. » Read the rest
Citi has signed a consent order with the Massachusetts Secretary of State agreeing to pay $30 million after its analysts leaked Apple’s iPhone supply chain info to clients. » Read the rest
An analysis proposes that increasing its share buyback program could have a significant effect on the company’s stock. » Read the rest
Thursday, Apple is paying its shareholders another quarterly dividend amounting to $2.77 billion. » Read the rest
Friday, a filing with the U.S. Securities and Exchange Commission revealed that Apple CFO Peter Oppenheimer sold over 37 thousand shares for $16.37 million. » Read the rest
Apple has been reeling throughout most of 2013 after coming off their stock high in September of 2012 when they originally launched the iPhone 5. As it stands today, the company hasn’t been doing nearly as well as they should be doing in the competitive smartphone market.
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The share price of Apple’s stock fell to its lowest point in over a year at the end of April thanks in part to short sellers taking an interest in the company. » Read the rest
Putting his money where his mouth is, a Russian billionaire recently bought about $100 million in Apple stock and declared his faith in the company. » Read the rest
Apple announced that they would be increasing the dividend paid off to shareholders from last year’s original institution of the practice. » Read the rest
Citi, the analyst firm, says that Apple shares have fallen as far as they will and have nowhere to go but up.