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Apple downgraded as carriers prepare to stunt iPhone growth
Following a huge week that saw Apple’s stock climb above $630 amid a fresh round of analyst upgrades, one analyst isn’t sold on the notion that smooth sailing is assured in the immediate future for the world’s most valuable company. BTIG Research analyst Walter Piecyk thinks Apple is set to report blowout earnings for the second fiscal quarter — he sees Apple earning $10.
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Apple Passes Exxon as Most Valuable Company in the World
It finally happened: Apple Inc. has passed Exxon Mobil Corp. to become the most valuable publicly traded company in the world. Though both companies saw their stocks plummet due to market fears, Exxon Mobil's dive was harder, while ... Read Post
Apple stock jumps after strong second quarter fueled by iPhone sales
Apple Inc. rode to another record quarter, largely on the strength of its workhorse iPhone, the popular smartphone that has helped the company become the most valuable technology firm in the world. The company sold 18.65 million iPh... Read Post
Apple's stock plunges 4.5%, worst drop in nine months as analyst downgrades
Apple Inc. on Wednesday saw its worst share price decline since June, shedding 4.5% of its value as a Wall Street analyst issued a rare downgrade and the broader market slumped alongside. The world's largest technology company by ma... Read Post