News Breaks |
|
|
| February 27, 2013 |
| 10:13 EDT |  | AAPL | Apple needs more cash than most believe, analyst says
Apple's stock is trading down today ahead of its shareholder meeting, during which it is expected to address its huge cash position. Apple's (AAPL) cash needs over the next two years are actually greater than many believe, Jefferies analyst Peter Misek wrote in a note to investors earlier this morning. The company's capital expenditures are likely to double over the next two years, partly due to higher apps processing costs and content costs associated with its upcoming TV product launch. Furthermore, the company may have to provide financing to consumers in some markets, as some carriers may stop subsidizing the iPhones, Misek warned. An acceleration of dividends and buybacks will provide Apple with greater strategic flexibility and value to shareholders than preferred shares over the intermediate to long term, the analyst believes. The tech company currently intends to return $45B to shareholders over the next three years through dividends and share buybacks, Misek reports. Apple could return $90B to shareholders over an extended period of time, added Misek, who maintained a Hold rating on the shares. The issue of whether Apple is returning enough cash to shareholders has garnered a great deal of attention recently, as activist investor David Einhorn has demanded that the company return more of its $137B of cash to shareholders through preferred stock. Einhorn has sued the company to block a proposal that would prevent the company from issuing preferred stock. Apple shares climbed yesterday amid speculation that the company could announce share buybacks or a stock split. In early trading, Apple lost 1%, or $4.67, to $444.30. |
|
|
News For AAPL From The Last 14 Days Check below for free stories on AAPL the last two weeks. |
|
|
| May 24, 2013 |
| 16:00 EDT |  | AAPL | Options Update; May 24, 2013
 Subscribe for More Information |
|
| 11:22 EDT |  | AAPL | Best Buy to cut iPhone prices, AllThingsD says
Subscribe for More Information |
|
| 10:40 EDT | | AAPL | Apple's iOS to become flatter, more black and white, 9to5Mac says
Subscribe for More Information |
|
| 09:43 EDT | | AAPL | Active equity option families trading
Subscribe for More Information |
|
| 07:49 EDT | | AAPL | Rumors of Google interest in Waze unfounded, TechCrunch says
After Bloomberg, citing "people familiar with the matter," said Google (GOOG) is considering a bid for map and traffic app maker Waze, TechCrunch countered that multiple credible sources it contacted "have poured cold water on the Google rumor." Facebook (FB) and Apple (AAPL) have previously been suggested as expressing interest in Waze, but the Bloomberg report said Apple was not among the "large tech companies” that have recently approached Waze, TechCrunch noted. Reference Link |
|
| 07:11 EDT | | AAPL | Apple nearly tax free in Ireland since 1980, Reuters reports
Subscribe for More Information |
|
| 06:10 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
Subscribe for More Information |
|
| 06:05 EDT | | AAPL | FDA targets IPhone urinalysis app, Bloomberg reports
Subscribe for More Information |
|
| May 23, 2013 |
| 19:50 EDT | | AAPL | Apple faces potential setback in e-books case, WSJ reports
Subscribe for More Information |
|
| 16:00 EDT | | AAPL | Options Update; May 23, 2013
Subscribe for More Information |
| |
| 09:59 EDT | | AAPL | Analyst: Apple won't launch computerized watch until late 2014, BGR says
Subscribe for More Information |
|
| 09:37 EDT | | AAPL | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG HPQ |
|
| 09:25 EDT | | AAPL | Samsung's Galaxy S4 reaches 10M channel sales
Samsung Electronics announced that global channel sales of its GALAXY S4 has surpassed 10M units sold in less than one month after its commercial debut. Launched globally on April 27 in 60 countries, the phone is estimated to be selling at a rate of four units per second. |
|
| 07:11 EDT | | AAPL | EU's Barnier wants big companies to disclose national tax bills, Reuters reports
Subscribe for More Information |
|
| 06:08 EDT | | AAPL | On the Fly: Periodicals Wrap-Up
Subscribe for More Information |
|
| 06:04 EDT | | AAPL | Apple hoping to launch music service at June conference, NY Post reports
Subscribe for More Information |
|
| 05:45 EDT | | AAPL | Big companies remove subsidiaries based on SEC disclosure rules, WSJ reports
Subscribe for More Information |
|
| May 22, 2013 |
| 12:07 EDT | | AAPL | Consumer Reports says Galaxy S 4 is top smartphone, iPhone 5 fifth, CNN says
Subscribe for More Information |
|
| 09:42 EDT |  | AAPL | Apple rises in early trading, levels to watch
Subscribe for More Information |
|
| 09:39 EDT | | AAPL | Active equity option families trading
Subscribe for More Information |
| |
|
|
|
|
