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Apple Inc (AAPL.O)

AAPL.O on Nasdaq

153.87USD
25 May 2017
Change (% chg)

$0.53 (+0.35%)
Prev Close
$153.34
Open
$153.73
Day's High
$154.35
Day's Low
$153.03
Volume
19,235,598
Avg. Vol
26,575,688
52-wk High
$156.65
52-wk Low
$91.50

Latest Key Developments (Source: Significant Developments)

Apple files for six-part notes offering; size not disclosed - SEC filing
Thursday, 4 May 2017 08:48am EDT 

May 4 (Reuters) - Apple Inc :Files for six-part notes offering; size not disclosed - sec filing.Says notes will be issued only in minimum denominations of $2,000 and integral multiples of $1,000 in excess thereof.Says goldman sachs & co llc, j.p. Morgan and wells fargo securities are underwriters to the notes offering.  Full Article

Qualcomm said to seek U.S. import ban on iPhones- CNBC, citing Bloomberg
Wednesday, 3 May 2017 04:36pm EDT 

May 3 (Reuters) - Apple Inc :Qualcomm said to seek U.S. import ban on iPhones- CNBC, citing Bloomberg.  Full Article

Iberdrola to build wind farm for Apple
Wednesday, 3 May 2017 06:43am EDT 

May 3 (Reuters) - Iberdrola SA ::Says that through its US unit, Avangrid Renewables, it has signed an agreement with Apple Energy, a unit of Apple <<>>, for long-term energy sale from the Montague wind farm in Oregon, the United States.The 200 MW wind farm will be built between 2018 and 2020 .The planned investment in the facility amounts to $300 million.Iberdrola will be the owner and operator of the wind farm and the energy generated during the next 20 years will be supplied to Apple .  Full Article

Apple Inc reports Q2 earnings of $2.10 per share
Tuesday, 2 May 2017 04:30pm EDT 

May 2 (Reuters) - Apple Inc ::Q2 earnings per share $2.10.Q2 net sales $52.90 billion versus $50.56 billion last year.Says international sales accounted for 65 percent of the quarter's revenue.Q2 earnings per share view $2.02, revenue view $53.02 billion -- Thomson Reuters I/B/E/S.Says board authorized increase of $50 billion to program to return capital to shareholders, extending program timeframe by 4 quarters.Says under expanded capital return program, plans to spend cumulative total of $300 billion by the end of march 2019.Says board approved 10.5 percent increase to quarterly dividend, and declared dividend of $0.63 per share of common stock.Sees Q3 revenue between $43.5 billion and $45.5 billion .Sees Q3 gross margin between 37.5 percent and 38.5 percent.Sees Q3 operating expenses between $6.6 billion and $6.7 billion.Q3 revenue view $45.60 billion -- Thomson Reuters I/B/E/S.Says board increased share repurchase authorization to $210 billion from the $175 billion level announced a year ago.Says also expects to continue to net-share-settle vesting restricted stock units.Q2 iPhone sales 50.8 million units versus 51.2 million units last year.Q2 greater china revenue $10.73 billion versus $12.49 billion last year.Q2 iPad sales 8.9 million units versus 10.3 million units last year.Q2 Mac sales 4.2 million units versus 4 million units last year.Q2 Mac revenue $5.84 billion versus $5.11 billion last year.Q2 services revenue $7.04 billion versus $5.99 billion last year.  Full Article

Apple comments on payment dispute with Qualcomm
Friday, 28 Apr 2017 08:30am EDT 

April 28 (Reuters) - Apple Inc ::Says "we’ve been trying to reach a licensing agreement with Qualcomm for more than five years but they have refused to negotiate fair terms".Says "without an agreed-upon rate to determine how much is owed, we have suspended payments until the correct amount can be determined by the court".  Full Article

Apple plans to launch new educational sessions in all Apple stores
Tuesday, 25 Apr 2017 10:00am EDT 

April 25 (Reuters) - Apple Inc :Says plans to launch new educational sessions next month in all 495 Apple stores.  Full Article

Qualcomm says Apple's suppliers withheld about $1 bln from their payments in Q2
Wednesday, 19 Apr 2017 04:34pm EDT 

April 19 (Reuters) - Qualcomm Inc : :Qualcomm Inc - Apple's suppliers reported royalties in fiscal Q2 for sales activity in the Dec quarter, but withheld about $1 billion from their payments.Qualcomm Inc says the amount is equal to amount Apple claims Qualcomm owes it under a separate cooperation agreement between Qualcomm and Apple.  Full Article

Qualcomm Q2 non-gaap EPS $1.34
Wednesday, 19 Apr 2017 04:22pm EDT 

April 19 (Reuters) - Qualcomm Inc ::Qualcomm announces second quarter fiscal 2017 results gaap revenues $5.0 billion, non-gaap revenues $6.0 billion gaap eps $0.50, non-gaap eps $1.34.Qualcomm inc - sees q3 msm chip shipments of 180 million - 200 million.Sees q3 revenues $5.3 billion - $6.1 billion.Sees q3 non-gaap diluted eps $0.90 - $1.15.Sees q3 gaap diluted earnings per share $0.67 - $0.92.Q2 earnings per share view $1.19, revenue view $5.89 billion -- Thomson Reuters I/B/E/S.Q3 earnings per share view $1.09, revenue view $5.94 billion -- Thomson Reuters I/B/E/S.Qualcomm inc says apple’s contract manufacturers reported, but underpaid, royalties in q2; "however, our revenues were not negatively impacted".Qualcomm -guidance range for q3 eps wider than typical practice primarily due to uncertainty related to royalties by apple’s contract manufacturers.Qualcomm-Not clear if apple’s contract manufacturers will underpay royalties owed under contracts in Q3, which could have negative impact on results.  Full Article

California Department of Motor Vehicles issued Apple permit for autonomous vehicle testing - DMW
Friday, 14 Apr 2017 12:16pm EDT 

: California Department of Motors Vehicles issued Apple a permit for autonomous vehicle testing on Friday - DMW ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Gartner forecasts worldwide IT spending to rise 1.4 pct in 2017
Monday, 10 Apr 2017 10:10am EDT 

Gartner Inc : Worldwide IT spending is projected to total $3.5 trillion in 2017, a 1.4 percent increase from 2016 . Worldwide spending on devices is projected to grow 1.7 percent in 2017, to reach $645 billion . Mobile phone growth in 2017 will be driven by increased average selling prices for phones in emerging Asia/Pacific and China ."Business-friendly policies of new U.S. administration are expected to have a slightly positive impact on U.S. implementation service market".  Full Article

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Taiwan stocks flat ahead of holidays; TSMC dips

TAIPEI, May 26 Taiwan stocks stayed flat on Friday in cautious trading ahead of a long weekend holiday, dampened by falls in tech heavyweights such as Taiwan Semiconductor Manufacturing Co (TSMC).