Apple stock price

Goldman Sachs Says iPhone 8 Will Cost $1,000 USD

Apple has received another target price hike, this time from Goldman Sachs, who reiterated its buy rating for Apple and raises its price target to $170 from $164 and also expects the tech giant's upcoming flagship iPhone 8, likely to be unveiled in September, to cost $1,000 USD, or $1372 CAD (at today's exchange rate). According...

Apple Could Be Worth $1 Trillion in One Year: Analyst

Apple truly is a phenomenon, the most valuable company in the history of stock markets. This week its shares hit yet further new highs as its second-quarter figures are widely anticipated to show it has returned to growth after a disappointing – by Apple standards – first quarter. Already this year its shares have risen...

RBC Hikes AAPL Price-Target to $157 On iPhone Prospects, ‘Trumponomics’

Apple stock received a price-target increase on Monday from RBC Capital Markets, which cited strong iPhone sales prospects, services business growth and "potential upside from Trumponomics." Benefiting from its expensive "plus" models and rising demands of its products, Apple will be worth at least $824 billion this year, analysts have predicted. Apple’s shares already soared more...

Apple Shares Could Fall as Part of Annual Russell Index Recalibration

According to an analysis from Credit Suisse, Apple’s stock price could continue its decline, thanks to a projected net sell-off of $1.3 billion Apple shares at the market close on Friday when the reconstitution of the Russell indexes take effect, reports Reuters. Since Apple has been buying back and retiring its stock, outstanding shares have...

Berkshire’s Bet on Apple from March Revealed at $99 Per Share

What was of no interest to activist investor Carl Icahn was for Warren Buffet's Berkshire Hathaway, well known for his avoidance of technology stocks, who acquired a nearly $1 billion stake in Apple, a filing revealed earlier in May. What was not known was how much Berkshire was willing to pay for that stock. Bloomberg now...

Apple Stock Dips on Reports of Slowing iPhone Growth

Apple’s stock price suffered a sudden drop amid reports that the company had reduced iPhone production for the next quarter. The exclusive report from the Japanese Nikkei claims that Apple made that decision in the light of slowing iPhone sales (via Business Insider). Ever since the iPhone 6s and 6s Plus were launched, various reports have...