Stock Update (NASDAQ:AAPL): Pick four: Two-factor authentication appears in Apple’s iCloud apps

Apple Inc (NASDAQ:AAPL) [] – Don’t be surprised if logging in to iCloud online doesn’t grant you full access to the web apps: Apple appears to be rolling out two-factor authentication so you’ll need an additional four-digit code from …
Read more on this.

Apple Inc. (AAPL), currently valued at $565.76B, opened at $93.56.
Today, shares have traded between $93.13 and $93.96 per share with a one year range of $57.32 to $95.05.
AAPL shares are currently priced at 14.73x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 28.35x earnings multiple.
And for those looking to make a return holding the stock, the company pays shareholders $1.88 per share annually in dividends, yielding 2.10%.
In a review of the consensus earnings estimate this quarter, 44 sell-side analysts are looking at $1.22 per share, which would be $0.15 better than the year-ago quarter and a $0.01 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $6.31, which would be a $0.63 better when compared to the last year’s annual results.
The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $37.80 Billion. If realized, that would be a 7.02% increase over the year-ago quarter.
Recently, ISI Group downgraded AAPL from Strong Buy to Buy (May 9, 2014). Previously, Deutsche Bank Initiated AAPL at to Buy.
When considering if perhaps the stock is under or overvalued, the average price target is $95.26, which is 1.82% above where the stock opened this morning.
Summary (NASDAQ:AAPL) :  Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market mobile communication and media devices, personal computers, and portable digital music players worldwide. It also sells software, services, peripherals, networking solutions, and third-party digital content and applications related to its products. The company offers iPhone, a line of smartphones that comprise a phone, music player, and Internet device; iPad, a line of multi-purpose tablets based on Apple’s iOS Multi-Touch operating system; Mac, a line of desktop and portable personal computers; and iPod, a line of portable digital music and media players, such as iPod touch, iPod nano, iPod shuffle, and iPod classic. It also provides Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and various accessories, service and support offerings; and manufactures the Apple LED Cinema Display and Thunderbolt Display. In addition, the company sells various other application software comprising Final Cut Pro, Logic Pro X, and its FileMaker Pro database software, as well as a range of Apple-branded and third-party Mac-compatible, and iOS-compatible peripheral products, including printers, storage devices, computer memory, digital video and still cameras, pointing devices, and various other computing products and supplies. Apple Inc. sells digital content and applications through the iTunes Store, App Store, iBooks Store, and Mac App Store; and its products through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. The company also sells a range of third-party products through its online and retail stores. It serves various consumers, small and mid-sized businesses, as well as education, enterprise, and government customers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.
Tag Helper ~ Stock Code: AAPL | Common Company name: Apple | Full Company name: Apple Inc (NASDAQ:AAPL) .

NYSE, NASDAQ, Market Data, Earnings Estimates, Analyst Ratings and Key Statistics provided via Yahoo Finance, unless otherwise specified. All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Jutia Group will not be liable for any errors, incompleteness or delays, or for any actions taken in reliance on the data displayed herein.

Related Articles

Click for a Random Article: [This Month] | [This Year] | [All Time]

Comments are closed.