apple stock

Apple Cash

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Apple reported solid earnings this past week, printing so much money it may soon catch up to the federal reserve.

The digital giant's cash and investments during the past quarter jumped to 206 billion. That's a staggering 33% increase from the same period a year ago. 63% of its revenue came from selling millions of its popular $650 phones to consumers who continue to upgrade to the latest version.

According to an interesting statistic from USA Today, Apple would have enough cash to give every American $650 apiece, which is remarkably close to the retail price of an iPhone. And Apple keeps increasing its pile of cash, even while trying to get rid of it with stock buybacks and dividends to investors.  read more »

The iWatch

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The iWatch is on its way; and it's coming just in time for Apple.

The latest iWatch rumor is that Apple has filed a trademark for the gadget in Japan. Of course the tech powerhouse isn't commenting but bloggers predict the iWatch could make an appearance on store shelves early next year. And the latest product could be necessary to save the company.

Bloggers say that despite having one of the most valuable stocks on the market investors are not impressed. Last week it closed below 400 which means over the past nine months it has lost almost half its value. A surprising slump considering it just held its annual worldwide developer conference and introduced a new operating system and MacBook Air.  read more »

Apple to the Core

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Has Apple turned into forbidden fruit, or is now the time to take a bite?

Once every investors favorite stock, Apple has fallen out of favor on Wall Street and Main Street. It's stock is down more than 42% from its high of $750 a share. It's recently been trading well below $400 a share. Simply put its upward momentum is broken.

Reasons from pundits include the death of co-founder Steve Jobs, fierce competition in tablets, phones and laptops. Its profit margins are lower and it has a lack of new sexy products it can hype to get consumers excited again. But Apple still has an incredible $137 billion in cash on hand.  read more »