Archive for the ‘Apple’ Category
Currently, Apple Inc. (NASDAQ/AAPL) is largely considered a commodity stock that needs to excite investors with new innovations and growth in order to propel its long-term growth.The stock has been stuck in a relatively tight range between $500.00 and $560.00 since late October 2013, as Apple looks for stronger growth opportunities and convinces the stock market that it can expand its business and not just depend on “iPhone” and. Read More
The big news on Wednesday was the passing of Steve Jobs, the visionary who led Apple Inc. (NASDAQ/AAPL) to new heights. But with his death, the future of Apple will be the constant subject of debate. The concern obviously will be the ability of Apple to continue to drive innovation without Jobs. Apple is trading down about 1.75% in the pre-market.
Apple Inc. (NASDAQ/AAPL) is to the technology world what Microsoft Corporation (NASDAQ/MSFT) was in the 90s. The stock traded at a record $415.00 on Tuesday and, in my view, could be heading for $500.00 within a year. The market capitalization of $382 billion makes Apple the biggest company in the world. And not only is Apple the biggest, but it also leading the technology pack with innovation and a desire to be the world’s dominant company.
On August 15, Google Inc. (NASDAQ/GOOG) announced that it was acquiring Motorola Mobility Holdings, Inc. (NYSE/MMI) in a $12.5-billion, or $40.00-per-share deal, representing a huge 60% price premium to the previous close. The key to the deal was the enormous resource of patents held by Motorola, which is attractive to Google as the company tries to build up its “Android” mobile operating system. Motorola held over 17,000 granted patents and about 7,500 pending patents.
Markets closed higher for the third time in four sessions to begin March. The major stock indices continue to hold above the technical support levels, but trading remains on the cautious side, as markets are at a crux. The overall market is neutral, with 79.72% of U.S. stocks above the 200-day moving average (MA) as of March 1, versus 79.03% a week earlier and 76.43% a month ago.