Text size Al Bello / Getty Images Apple shares climbed to new highs on Monday, crossing the $ 1.7 trillion valuation level for the first time and approaching $ 400 a share, as two more analysts raised the company’s price targets ahead of quarterly earnings. June due July 30. Bullish …
Read More »Apple’s earnings after Wedbush say the company could be worth $ 2 trillion next year
Shares of Apple Inc. AAPL, + 3.13% They rose 1.1% in premarket trading on Monday after Wedbush analyst Daniel Ives raised his price target on the stock to $ 450 from $ 425. His new target is the highest among those tracked by FactSet. Ives wrote that Apple may be …
Read More »Bigger tech stocks get even bigger: Amazon, Apple, and Microsoft stocks set records
Text size The four largest technology companies are now worth almost as much as the next 19 largest companies listed in the United States together. Tomohiro Ohsumi / Getty Images Mega-capitalization technology companies are growing again. On another strong day for the general market on Monday, the shares were led …
Read More »Microsoft store closings bring home the uniqueness of Apple’s retail success
In a way, Microsoft’s (MSFT) plans to close its 83 physical retail stores highlight the uniqueness of what Apple (AAPL) has accomplished with its retail operations. After all, it’s not that Microsoft’s core hardware companies are in dire straits right now. The Surface PC / Tablet lineup now has an …
Read More »Apple Acquires Security Company Fleetsmith
Apple Inc. AAPL, -1.78% It has acquired the security company Fleetsmith, according to a blog post on the Fleetsmith website. Fleetsmith helps with device configuration and security patches for Apple devices, including Mac and iPhones, that are used in business environments. Company tools help companies automatically configure Apple devices for …
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