Latest in Apple Stock

Media stocks and broader markets swooned Tuesday with all three major indexes posting their worst session since June of 2020 on news that consumer prices last month rose more than expected. The brutal selloff hit tech and media stocks hard with Apple, Roku and Google down about 6%, Amazon and Snap off 7%, Spotify…

Apple topped Wall Street forecasts on just about all metrics for its latest fiscal first quarter earnings, with revenue of $123 billion (up 11%, an all time record), EPS of $2.10 (up from $1.68 the year earlier) and iPhone sales of $71.6 billion (vs $65.5 billion). The services sector, which includes AppleTV+, saw…

UPDATED with Tim Cook Emmy, and user privacy, comments: Apple CEO Tim Cook took an unaccustomed detour during Apple's quarterly conference call, lingering on Apple TV+, a pocket of the company that's so small relatively speaking it doesn't usually get a shout out. That's what nearly a dozen Emmys will do. "In just its…

The billionaire investor‘s back on the Twitter and CNBC trail today. He said in a tweet this morning that, over the last two weeks, he bought $500M in Apple’s shares, bringing his total to more than $3B. “Since tweeting about our large position in [Apple] on August 13, when the stock was $468 per share, we've kept…

The activist investor isn’t limited to Twitter and CNBC to broadcast his views. Hot off his $800M windfall this week from the sale of half his Netflix shares, today he introduced a site, Shareholders’ Square Table, where he says he’ll “discuss what can be done to change our current, dysfunctional system of corporate…

Billionaire Julian Robertson, who created Tiger Management Corp, told CNBC’s Maria Bartiromo that Walter Isaacson’s 2011 biography of the Apple founder changed his view about investing in the company. “How can you create a great organization of people and be that mean a person?…He was really a pretty terrible guy.&#8221…

Investors continued to hammer Apple after it made clear yesterday that it will continue to try to keep profit margins high on its iPhones, and not release a budget-priced model that might help it expand into developing markets. Shares dropped 5.4% to $467.83 today following downgrades from firms including Bank of…

Shares are up about 5.2% in after-market trading. But there’s something for bulls and bears alike in the quarterly announcement — which Wall Street is closely watching following the 42% decline in Apple’s stock price since September. The company generated net income of $9.5B in the quarter, -17.9% from the period last…

That’s the question of the day for Apple followers as the company’s fans on Wall Street lick their wounds from last night’s disappointing earnings report. The stock fell 12.4% today to $450.50. That’s the company’s worst one-day performance in about four years, and puts Apple shares right where they were about year…

Apple-mania will fade at some point. But not yet. The company’s stock was up 2.7% today to close at $601.10 — its highest closing price ever, and up 81.8% over the last 12 months. Much of today’s bump can be attributed to the announcement this morning that the company will spend $45B over the next three years paying di…

Investors will be listening intently today when Apple CEO Tim Cook addresses the Goldman Sachs Technology and Internet Conference. The tech giant’s stock is on a tear — it closed Monday at $502.60, a record high and up 24.1% so far in 2012. And Wall Street is trying to figure out: Is this run up just beginning, or is…

Bob Iger joined the Apple board of directors on November 15 and already is showing the love for his new teammates. According to an SEC filing, the Disney chairman and CEO this week acquired 2670 shares of the tech giant at an average price of $375, putting the total cost at just above $1 million. The move is seen as a…