The stock price of Apple Inc. (AAPL) is one of the most followed indices in the world. This article provides you with the latest news, quotes and charts relating to the stock price of Apple Inc.
Apple Inc. (AAPL) Stock Price
Apple Inc. is an American multinational technology company with headquarters in Cupertino, California. It operates the iPhone, iPad and MacOS operating systems. The company has been a public company since 1976 and was listed on the New York Stock Exchange under the symbol AAPL. As of August 3rd, 2019, Apple’s market capitalization was $851.1 trillion.
On September 5th, 2018, Apple announced that they had filed a lawsuit against Qualcomm Incorporated for alleged patent infringement. This followed an earlier complaint made by Apple against Samsung Electronics Co Ltd over similar claims. In December 2018, it was announced that a US$1 billion settlement had been reached between both companies. However, this settlement has yet to be approved by the US District Court for the Northern District of California and is currently under appeal.
Despite these legal challenges, Apple continued to post strong results in fiscal year 2019 (ending March 31st). With revenue reaching $232 billion and net income of $47 billion . This led to an increase in share prices across many markets including the United States . On August 7th, 2019 , Apple announced their quarterly results which showed that sales growth had slowed down in comparison to previous quarters but still remained strong overall due to increased demand for their various products such as iPhones , iPads and Macs .
Quotes about Apple Inc
“Apple Inc. ( AAPL) stock price is up over 5% in premarket trading on news that the company will announce new iPhone models on September 12th. Here are some quotes about Apple from notable business people.”
“It’s not just a phone, it’s an experience.” – Steve Jobs, CEO of Apple
“The power of the PC is that it can be used by anyone, anywhere.” – Bill Gates, Microsoft CEO
Chart of AAPL
1. Apple Inc.’s stock price is up 0.5% in premarket trading on Monday after the company issued guidance that beat expectations and announced plans to buy back $100 billion worth of its own shares over the next five years. The stock is now up 11% for the year so far. Apple also reported strong quarterly results, with revenue increasing 37% to $58.4 billion and net income soaring 69% to $13.06 billion.
2. In a conference call with analysts, CEO Tim Cook reiterated his belief that the company’s iPhone business will continue to grow despite competition from devices such as Samsung’s Galaxy S8 and Note 8 and Huawei Technologies Co Ltd’s Mate 10 Pro . Cook said there are “many more great products in store” for iPhone users this year, including an upgraded model of the iPad Pro and new models of the Mac mini and AirPods wireless earbuds from Apple.
3. The company also announced it will repurchase $100 billion worth of its own shares, a move that could help drive down its share price because it makes available additional shares for sale to the public. Some analysts have expressed skepticism about how Apple will be able to execute on this plan given its current debt load, but others believe it could provide significant value for shareholders over time.
Apple Inc. Chart
Apple Inc. stock price chart illustrates how the company’s stock has performed over time. The prices shown are for Apple’s regular shares, which are traded on the NASDAQ Stock Market.
Apple was founded in 1976 by Steve Jobs, Ronald Wayne and Mike Markkula. It is one of the world’s most valuable technology companies with annual revenue of $215 billion as of 2017. The company produces mobile devices, personal computers, software, services, and digital media. Apple has a history of innovation and leadership in computer technology. In January 2019, Apple became the first U.S.-based company to be valued at $1 trillion market cap.
Latest News on Apple Inc
Apple Inc. is a technology company founded on April 1, 1976, in Cupertino, California, USA by Steve Jobs and Ronald Wayne. It manufactures consumer electronics, computer systems,…