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The median forecast by analysts polled by FactSet is for iPhone sales to rise by a measly 2% this quarter and 3% overall next year. Wall Street doesn't expect iPhone sales to fall until 2017.
The investment bank raised its price target for Apple to $720 on Friday, well above its prior prediction of $635. UBS, among others, also upgraded the stock this week. Anything above $700 is ...
CNNMoney readers like their tech stocks. Apple is by far the most looked up ticker on the site. Google, BlackBerry and Nokia also make the list. But so do Ford and GE. Here's a snapshot of the top 10.
The average forecast is for the stock to hit $142 in the coming months, according to data compiled by TipRanks, a site that tracks and ranks analysts on their predictions.
Apple's (AAPL, Fortune 500) stock has been soaring lately, boosted by record sales of the iPhone and iPad. Even the 28-year old Macintosh line continues to set new sales records.
Apple stock is now down more than 10% from its most recent highs, pushing into correction territory, amid lingering concerns about iPhone demand.
Apple, despite its gaudy sounding stock price of over $320 a share, is actually, dare I say it, a bargain. Shares are only trading at about 17 times earnings estimates for this fiscal year, which ...
Shares of Apple Computer Inc. tumbled nearly 6 percent a day after the maker of iPods and Macintosh computers reported better-than-expected quarterly earnings but a weak revenue forecast raised ...
NEW YORK (CNNMoney.com) -- Apple's stock price crossed the $300 benchmark for the first time on Wednesday, driven by the success of the iPad and other products.
Apple's stock price has risen in nine of the 12 months since Jobs passed away, lifted primarily by Apple's machine-like execution on products that he set in motion.