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Analysts to Apple: Bend Your Knee to Wall Street
NEW YORK – Apple needs to start making nice with Wall Street, analysts said Thursday as investors hammered the company’s stock.The sell-off put Apple a hair’s-breadth away from losing its status as the...
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Apple Losing Grip on Core iPhone Market
As the U.S. smartphone market matures and Apple pushes more deeply into the Chinese market looking for growth, its shareholders have learned that not every iPhone customer is worth the same to the...
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Apple Retains Its Title of Most Valuable Company After Just One Day
CUPERTINO — Apple (AAPL) abdicated its throne of most valuable company in the United States to Exxon Mobil for all of one day, as the tech giant’s stock rebounded Monday to take the title back from the...
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Apple Stock Takes a Tumble
The financial world was shocked when Apple lost the top spot last week to Exxon and had its stock drop dramatically. Everyone seems to have a different opinion of why this happened. Is Apple losing its...
View ArticleInvestors hot on Apple get a hard lesson
Apple’s meteoric stock-price rise defied sound investment rules. But, eventually, reality set in.Investors who jumped into Apple’s shares because they like the company and because it was going up are...
View ArticleGreenlight sues Apple over capital allocation
NEW YORK – Greenlight Capital is suing Apple in federal court in New York over attempts to eliminate preferred stock at the world’s most valuable company.Some investors have been pushing Apple to do...
View ArticleApple’s stock may not be as ‘cheap’ as it appears
A: Bulls love to say how cheap Apple’s stock is. But is it really? Shares of Apple are trading for 10.5 times the company’s earnings over the past 12 months. Apple bulls point out that the stock’s P-E...
View ArticleAmazon stock is Cook-ing Apple’s
Feb. 18–Consider this tale of two companies: One is Apple, which posted record revenue of $54.5 billion last quarter and a record net profit of $13.1 billion. The other is Amazon, which reported its...
View ArticleCook’s $hrinkage (shrinkage) Hedge funds dump Apple in Q4 for Facebook
The hedge fund world has soured on Apple – and in some cases the smart money is turning to Facebook instead.The funds, which helped Apple grow into the world’s most valuable company by piling into its...
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Amazon Share Price Falls Due to Q2 Losses
Amazon reported Friday a second-quarter loss that was double analysts’ expectations, as the company uses capital to fund big expansions plans.The online retailer reported a loss of $126 million, or 27...
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