[at TechCrunch] - Apple looks to be readying a live stream of its event taking place at 10 AM PT today at the Yerba Buena center in California, according to updates that are being pushed to users’ Apple TV devices, as reported by 9to5Mac, MacRumors and Engadget. Now, Apple has also pushed out an update to its site, allowing users to navigate there to stream to Safari, too.
For visitors on the web, the event will go live at the Apple Events section of its homepage when it starts in just a few hours. So to recap, you’ll need the following to tune in:
- Safari on the Mac or iOS
- An Apple TV gen 2 or 3, with the Apple Events channel that arrives special and automatically when things like this go down.
Apple Inc. (AAPL), valued at $476.20B, opened this morning at $526.11.
Looking at today’s market, AAPL one day range is $522.66 to $528.45 with a trailing 52-week range being $385.10 to $633.90.
Apple (AAPL) shares are currently priced at 13.24x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 19.55x earnings multiple for the same period.
And for passive income investors, the company pays shareholders $12.20 per share annually in dividends, yielding 2.40%.
According to a consensus of 47 analysts, the earnings estimate of $7.89 per share would be $0.78 worse than the year-ago quarter and a $0.06 sequential increase. In looking at the bigger picture, the full-year EPS estimate of $39.37 would be a $4.78 worse when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $36.80 Billion. If reported, that would be a 2.31% increase over the year-ago quarter.
More recently, Standpoint Research downgraded AAPL from Buy to Hold (Aug 2, 2013).
Previously, Robert W. Baird downgraded AAPL from Outperform to Neutral.
The average price target for AAPL shares is $550.81, which is 4.69% above where the stock opened this morning.
Apple Inc. (NASDAQ:AAPL), together with subsidiaries, designs, manufactures and markets mobile communication and media devices, personal computing products and portable digital music players worldwide. Its products and services include iPhone, iPod, iPad and much more.
Tag Helper ~ Stock Code: AAPL | Common Company name: Apple | Full Company name: Apple Inc. (NASDAQ:AAPL) .