apple stock

Apple shares sputter after profit decline

Apple's shares were hovering around the $400 mark again today, and not in a good way.

By the end of trading on Wednesday, the shares had largely pulled themselves out of their funk, closing at $405.46, just a hair below the previous day's close.

But things were a bit gloomier in the first few hours of trading Wednesday, when shares in the high-profile technology company were generally down 1 percent or more to just around $401, with a handful of dips into the $399 range or below. Shares had closed Tuesday, just ahead of Apple's earnings … Read more

Apple shareholders to Samsung: Thank you

Samsung's newest smartphone, the Galaxy S4 -- evolutionary or revolutionary? Given the hype leading up to yesterday evening's product debut, that debate likely will rage for days, if not weeks.

But the news is a boon for shares of Apple as jittery investors finally saw reason to hit the "buy" button. At the close of today's trading, Apple's stock was up 2.58 percent to $443.66 -- and this on a day when the overall stock market has been trading in the red.

In the lead-up to the Galaxy S4 announcement, there had … Read more

Apple no longer the world's 'most valuable company'

Apple has lost its top spot as the world's most valuable company.

Apple shares today are down more than $11 to around $439, pushing its market capitalization below $412 billion. That decline, coupled with a 16-cent gain in Exxon Mobil's stock price that pushed that company's market cap to $417.2 billion, has robbed Apple of its market-cap leadership position.

Market capitalization measures the value of a company, and is calculated by multiplying a company's total shares outstanding by the share price.

Apple and Exxon Mobil had been battling for the top spot in 2011, when … Read more

Twitter is loopy for Vine videos

Thursday's CNET Update is longer than six seconds:

Today's tech news roundup explains why Apple's latest earnings report of record revenue and sales has disappointed investors. Tim Cook also had little to say about an Apple television and fixes to the Maps app.

Netflix surprised analysts with reported profit and growth. Netflix will push out it's own TV series, "House of Cards," on Feb. 1, and new episodes of Arrested Development are arriving in May.

Hundreds of AT&T U-verse customers have had to live without TV, Internet or phone service for several days. … Read more

Apple slips below $600 in first trading day after exec shake-up

Last updated at 2 p.m. PT

Apple's stock has entered territory it hasn't been in for quite some time.

The stock finished at $595.32, down $8.68, or 1.44 percent today. At one point earlier in the day Apple's shares fell as low as $587.70.

Apple's stock hasn't closed a day below the $600 mark since July. For a brief period on Friday, Apple's shares dropped to $591 before closing the day at $604.

Might today's decline be attributable to Apple's announcement Monday of the departure of two senior executives … Read more

iPad Mini fails to boost Apple stock

Not even Apple could escape unscathed on a day when the stock market got gob-smacked by fresh worries out of Europe and disappointing earnings news at home.

See CNET's full coverage of Apple's iPad Mini event After staging an early afternoon rally that brought its shares close to breakeven, Apple's stock fell back -- with the rest of the market -- down more than 3 percent for the day to finish at $613.39. What do you want? It was a lousy day in the stock market, with the market finishing down nearly 243 points, and not … Read more

Wall Street cheers iPhone 5, Apple closes at record high

Never mind the naysayers who are complaining that the iPhone 5 lacks this or that feature. Wall Street couldn't care less.

Investors bid up shares of Apple almost another 2 percent today, pushing the stock to close at a record high of $682.98. That's a 3.3 percent climb in two trading sessions.

After yesterday's iPhone 5 event, a number of already giddy analysts rushed to up their sales estimates and raise their target prices for the stock as it inches its ways towards the $700 mark. One analyst even predicted Apple could top $1,600 a share … Read more

Analyst downgrades Apple stock over market concerns, high expectations

Well, this is different: Apple's stock, which has been soaring over the last several years, has been downgraded from Buy to Neutral by BTIG Research analyst Walter Piecyk.

Piecyk has now pitted himself against countless analysts who believe Apple's shares will continue to soar. And although he thinks Apple will post a strong fiscal second quarter, he thinks the company is facing three major issues that could stunt its growth: changes afoot in the post-paid wireless industry, the possibility of an iPhone price cut, and the prospect of Apple not launching a "revolutionary product into the market&… Read more

Bragging rights go to Apple as per-share price now tops Google

If you're keeping score -- and who doesn't these days? -- it now costs more to buy a share of Apple than to purchase a share of Google.

To be sure, this is more about bragging rights than anything else as the market capitalization is the truer indicator of value, and on that score Apple long ago surpassed Google's market cap. In fact, Apple is actually worth three times as much as Google.

Apple, however, still has a long way to go before its per-share price can compare with Warren Buffett's Berkshire Hathaway, which is currently … Read more

Apple stock finishes above $600 for first time

For a third straight day, shares of Apple rallied toward $600--and this time they finished the day above the iconic mark for the first time in the company's history.

At the close of trading on Monday, shares of Apple stood at $601.10, up 2.65 percent in the aftermath of the company's surprise announcement earlier in the day that it would use some of its $100 billion in cash to pay out a quarterly dividend of $2.65 per share sometime in the fourth quarter of its fiscal 2012, which begins on July 1.

Last week Apple … Read more