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Apple Inc (AAPL.OQ)

AAPL.OQ on NASDAQ Stock Exchange Global Select Market

153.61USD
26 May 2017
Change (% chg)

$-0.26 (-0.17%)
Prev Close
$153.87
Open
$153.80
Day's High
$154.24
Day's Low
$153.31
Volume
5,562,725
Avg. Vol
6,544,928
52-wk High
$156.64
52-wk Low
$91.50

Latest Key Developments (Source: Significant Developments)

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

Bankhaus Lampe says Apple may develop own PMIC to replace Dialog Semiconductor's
Tuesday, 11 Apr 2017 03:54am EDT 

Dialog Semiconductor Plc: Bankhaus Lampe says "there is strong evidence that Apple is developing its own PMIC and intends to replace chip made by Dialog at least in part" . Bankhaus Lampe says "believe that Apple is setting up power management design centres in Munich and California" . Bankhaus Lampe says hearing about 80 engineers at apple already working on PMIC with plans to employ it in iPhone by as early as 2019 . Bankhaus Lampe says "in the long term, we believe that Dialog’s business model, its analogue chip designers continue to be highly valuable" . Bankhaus Lampe says Dialog is facing significant uncertainty and apple developing its own PMIC could impact co's numbers from 2019 onwards Further company coverage: [AAPL.O] [DLGS.DE] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tiger Global Management dissolves in Apple, takes in Symantec
Tuesday, 14 Feb 2017 03:03pm EST 

Tiger Global Management : Tiger Global Management dissolves share stake in Apple - sec filing . Tiger Global Management takes 2.6 million share stake in Symantec Corp -sec filing . Tiger Global Management takes share stake of 2.1 million in Microsoft . Tiger Global Management takes share stake of 186,100 class A shares in Alphabet Inc . Tiger Global Management ups share stake in Visa Inc to 1.1 million class A shares . Tiger Global Management cuts share stake in Alphabet Inc by 32.9 percent to 190,500 shares of class C stock .Tiger Global Management - change in holdings are as of Dec 31, 2016 and compared with the previous quarter ended as of Sept 30, 2016.  Full Article

Vanguard Group hikes passive stake in Apple to 6.3 pct from 5.8 pct
Thursday, 9 Feb 2017 01:01pm EST 

Vanguard Group Inc:Raises passive stake in Apple to 6.33 percent as of 2016-end versus 5.79 percent stake as of 2015-end.  Full Article

Nokia prepared for long legal battle with Apple - CFO
Thursday, 2 Feb 2017 08:00am EST 

Nokia Corp : Nokia CFO Kristian Pullola tells a conference call that if necessary, the Finnish company is prepared for a long legal process with Apple, a process where additional litigation cost could be around 100 million euros per year . In December, Nokia filed a string of lawsuits against Apple for violating its patents [nL5N1EH4IH] Further company coverage: [NOKIA.HE] (Helsinki Newsroom) ((news@reuters.fi; +358 9 6805 0244)).  Full Article

Apple is discussing manufacturing in India - WSJ citing government officials
Tuesday, 20 Dec 2016 02:00am EST 

:Apple is discussing manufacturing in India - WSJ citing government officials.  Full Article

Fitch says reputation risk bigger than cost impact of Samsung recall
Wednesday, 12 Oct 2016 11:22pm EDT 

Fitch: Fitch - reputation risk bigger than cost impact of Samsung recall . Fitch - Impact of note 7 incident unlikely to be significant enough in itself to affect Samsung stable credit rating, which is supported by strong financial metrics . Fitch - problems with the note 7 have raised long-term uncertainty about Samsung Electronics' handset operations . Fitch - expect co's profit for next few quarters to be affected by loss of smartphone sales and additional expenses related to the note 7, such as legal claims . Fitch - Note 7, other potential Samsung Electronics' handset customers may now chose Apple or mid-tier cos, if damage to Samsung and Galaxy brands is sustained .Fitch - believes that the benefits of Samsung Electronics' diversified product portfolio have reduced its vulnerability to shock.  Full Article

Google will not make a Twitter bid and Apple also an unlikely suitor - Recode, citing sources
Wednesday, 5 Oct 2016 06:44pm EDT 

:Google will not make a Twitter bid and Apple also an unlikely suitor - Recode, citing sources.  Full Article

Apple Pay heads to Japan with help from Sony's contactless tech - Nikkei
Tuesday, 6 Sep 2016 01:18pm EDT 

: Apple Pay heads to Japan with help from Sony's contactless tech - Nikkei . Apple will team with Felica Networks to make iPhone compatible with technology, likely by adding a feature letting it communicate with Felica Readers - Nikkei .Apple Pay likely will not launch in Japan until next year - Nikkei.  Full Article

Fitch says Apple ruling may help Ireland fiscals, but presents risks
Monday, 5 Sep 2016 10:08am EDT 

Fitch Ratings : Apple ruling may help Ireland fiscals, but presents risks .European commission's ruling that apple should pay Ireland up to EUR 13 billion has mixed implications for country's sovereign credit profile.  Full Article

More From Around the Web

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).