U.S. stock index futures pointed to a modestly higher open on Monday following strong data and results from Caterpillar, though gains were slight after a rally that took the S&P 500 above 1,500 for the first time in more than five years.
Exxon has once again surpassed Apple as the world's most valuable company after the iPhone and iPad maker saw its stock price falter. Apple's stock has been on the decline since the company's quarterly earnings report Wednesday suggested that its fast growth phase, rare for a company of its size, may be coming to an end.
Apple is testing smart TV designs with major Asian component suppliers, The Wall Street Journal reports. And executives at some suppliers for the world's most valuable tech company are confirming that designs for a large-screen high-def television are in the works.
There's no dying that Apple, the world's most valuable company, is suddenly in a rut. Here's the evidence of the tech giant's recent troubles.
Apple's stock has reached $700 for the first time, setting a record for the company. The shares hit as high as $701.44 in morning trading Tuesday, but later fell.
There has never been a more valuable company than Apple right now. Worrywarts point to the story of MIcrosoft as a cautionary tale, but there are big differences.
The market wasn't exactly blown away by Apple's iPhone 4S announcement yesterday: Shares of Apple bucked the trend on a day when the general market rallied. Where were the special features already beginning to appear on Android smartphones? And where was the salesmanship of former CEO Steve Jobs, sorely lacking in Tim Cook?
There are several stocks out there that seem expensive, but only in the rearview mirror -- especially shares of fast-growing tech firms, or companies that do great business overseas. Read on to find out how to spot a stock worth buying.
As new CEO Tim Cook no doubt knows, Steve Jobs is the ultimate hard act to follow. But Cook might take a lesson from the experience of Sam Palmisano, another COO who took over a massive tech company -- in his case, IBM -- and who really delivered for shareholders. With that in mind, here's a game plan for Cook to keep Apple great.
It looks like Apple stock is one of the places skittish investors are moving money ahead of a potential U.S. debt default -- at least based on its share price. Apple's shares have risen 2% in the last week as the S&P has lost nearly 3% of its value.
On Monday, Apple unveiled iCloud, which will allow users to store digital files on remote servers, and access them through smartphones, PCs or tablets. This should give a boost to iTunes, but that accounts for only about 2% of Apple's value. The real gain will be in how iCloud adds to the appeal of Apple's more lucrative devices.
Twice before, the iconic CEO had to leave the company in others' hands, and if that history is any guide, Apple investors may see the stock price do well once again in his absence -- providing they can handle the pain of the drop long enough to enjoy the recovery.
What factors can push Apple to keep improving its performance? And what could slow down the stock's relentless rise? Here are six things -- four positive, two negative -- that could help determine Apple's price in coming months.