[Reuters] – Advocates for the blind are debating whether to use a carrot or a stick to persuade one of their oldest allies, Apple Inc, to close an emerging digital divide in mobile technology. Few disabled want to risk alienating Apple, considered a friend, by fighting it. Captions on videos and special hearing aids bring hearing impaired into the digital fold. LinkedIn has hired an accessibility chief, Jennison Asuncion, who himself is blind, and says it is working to improve the app.
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Apple Inc. (AAPL), with a current market cap of $574.93B, opened this morning at $96.20.
A quick look at the market, the company’s traded between $93.92 to $96.80 with its 52-week range being $58.63 to $96.80.
AAPL shares are currently priced at 15.09x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 28.26x forward p/e ratio.
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. The full-year EPS estimate is $6.32, which would be a $0.64 better than last year.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $37.84 Billion. If reported, that would be a 7.13% 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.
The average price target for AAPL shares by the analysts covering the stock is $96.91, which is 0.74% 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 Apples 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) .