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The unveiling of the iPhone 5s and 5c precipitated a nearly 51-point drop in shares of Apple, falling from US$505 to $454 in less than a week's time. The recent decline in Apple's share price serves as a prime example of why keeping a close eye on Apple's stock performance is often an exercise in c...

September 16th 2013 at 5:00pm 0 Comments
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With Apple's iPhone event about a day away, we can expect new iPhones to hit store shelves in just a few weeks. While a few rumors have pointed to a September 20 launch date, we'll have to wait until tomorrow to know for certain. Either way, an iPhone launch is steadily approaching. That being th...

September 9th 2013 at 2:30pm 0 Comments
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Propelled by a favorable ITC ruling last Friday, shares of Apple shot up by US$12.91 on Monday, finishing the trading day at $467.36. Indeed, shares of Apple on Monday closed at their second highest level since February of 2013. Though the success of the iPhone is routinely measured against Android...

August 13th 2013 at 8:45am 0 Comments
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Last Friday we reported on a new SEC filing from Apple which relayed that Apple's Board of Directors tweaked Tim Cook's compensation package by adding a performance metric to his stock options. In addition, there were a number of other SEC filings from Apple which disclosed that a number of top exe...

June 27th 2013 at 3:30pm 0 Comments
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Yesterday I reported on the clever economics behind Apple's US$17 billion bond deal, specifically pointing out that the interest Apple will owe on each share it repurchases will be less than the dividend it would have otherwise been responsible for. Going a bit further, Businessweek did some calcul...

May 3rd 2013 at 4:00pm 0 Comments
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Apple on Tuesday raised $17 billion via a bond offering as part of its recently announced capital program which aims to return $100 billion to shareholders by the end of 2015. Apple's capital return program is comprised of two components: an increased quarterly dividend of $3.05 a share and a $55 bi...

May 2nd 2013 at 8:30pm 0 Comments
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Over the past few weeks, shares of Apple have been trading at 52-week lows. Earlier this month, shares of Apple dipped below US$400 a share for the first time since 2011. Shockingly, Apple had a P/E ratio lower than Dell's for a few days last week. Over the past week, however, shares of Apple have...

April 30th 2013 at 2:00pm 0 Comments
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Apple last week announced that it would embark on a massive stock repurchasing plan whereby it will purchase US$60 billion worth of its own shares by the end of 2015. In a press release on the matter, Apple called it the "largest single share repurchase authorization in history." What's more, the c...

April 30th 2013 at 12:00pm 0 Comments
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Apple Inc. (AAPL) stock fell to its lowest price since December 2011 today following a report from Cirrus Logic, a producer of chips used in the iPhone and iPad, that it was dealing with an inventory surplus. Cirrus Logic said one of its customers is moving to a newer component causing the slow...

April 17th 2013 at 6:00pm 0 Comments