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AAPL

Time to Get Ready for an iPhone 7

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Piper Jaffray analyst Gene Muster has outlined his expectations for the iPhone 7 in a research note to clients. Munster gives AAPL a price target of $172 and selects the stock as his top large-cap pick, displacing Amazon. Apple's stock is said to have three big catalysts over the next year. A strong holiday quarter driven by new Apple Watch, iPad Pro, and Apple TV products. A … [Read more...] about Time to Get Ready for an iPhone 7

Carl Ichan gives answer to Apple on Proxy proposal for Share Buyback, Buys 500 million dollars more in stock

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Few weeks ago Apple gave a statement with the SEC advising shareholders to vote against Carl Icahn’s non-binding advisory share buyback proposal from December. This proposal will be voted on at Apple’s shareholder’s meeting. Icahn published a letter suggesting shareholders for a yes vote on its proposal.   He announced that he purchased additional 500 million dollars in … [Read more...] about Carl Ichan gives answer to Apple on Proxy proposal for Share Buyback, Buys 500 million dollars more in stock

Seven Years Ago Today, Steve Jobs Introduced the iPhone

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Seven years ago Steve Jobs introduced the original iPhone, changing the phone and the industry forever.   On January 9, 2007, after years of rumors and speculation, the iPhone was announced finally announced at the keynote address at the Macworld conference. "I have been looking forward to this for two and a half years" Jobs said. Today, "Apple is going to reinvent the … [Read more...] about Seven Years Ago Today, Steve Jobs Introduced the iPhone

Carl Icahn Says He Had a 'Google Conversation' With Tim Cook, Apple is Undervalued

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CNBC is reporting that Carl Icahn had a 'good conversation' with Apple CEO Tim Cook and noted that both believe the company's stock is undervalued. Apple's Cook told Icahn that he's still studying Icahn's proposal to buy back $150 billion worth of the company's stock. Icahn met with Cook in late September to discuss such a buyback. However, at the time Cook did not seem … [Read more...] about Carl Icahn Says He Had a 'Google Conversation' With Tim Cook, Apple is Undervalued

Carl Icahn Posts Open Letter to Apple CEO Tim Cook Urging $150 Billion Buyback Plan

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Investor Carl Icahn has posted an open letter to Apple CEO Tim Cook urging him to increase Apple's stock buyback to $150 billion. Icahn met Cook for a 'cordial' dinner at the end of September to push his buyback proposal; however, it appears Apple will be sticking to its $60 billion plan. … [Read more...] about Carl Icahn Posts Open Letter to Apple CEO Tim Cook Urging $150 Billion Buyback Plan