Apple Investors

Big-Money Investors are Taking a Step Back from Apple: RBC

According to a new report from RBC Capital Markets, some big-money investors that used to bet heavy on Apple, are now turning their backs on the iPhone maker as the company is no longer a top overweight holding in Russell 1000 value benchmark funds (via Markets Insider). RBC’s equity strategists, who examined data from 158 funds that benchmark...

Apple Investors Shaved $43 Billion Off the Company in One Day

Apple’s stock (AAPL) opened at $96 today, which is down 8% compared to yesterday’s closing price of $104.35, something that doesn’t usually happen for giant companies like Apple. According to TechCrunch, Apple investors have shaved around $43 billion off the company’s market capitalisation in just one night.  "But because this downswing is about Apple, 8 percent...

Billionaire Investor Believes Apple is Still Undervalued, Despite High Earnings

Following Apple’s announcement of record breaking quarterly results yesterday, billionaire investor Carl Icahn has expressed his views on the Cupertino tech giant's valuation on Twitter, saying that AAPL is still "undervalued and misunderstood”. He added that he expects to put out an "in-depth" report within two weeks (via Reuters). $AAPL is still undervalued and misunderstood. Expect to put out...