Apple’s [AAPL] Financial Success Pushed Share Value To Reach A New Record

The last earning report announced by Apple officials impressed the analysts who were taken by surprise but also had the expected affect on the AAPL value that reached at a new record high. According to the latest stock market report, Apple shares are now valued at $493.97 per share, which means that AAPL passed a record $460 billion market cap. As a consequence, analysts from Bloomberg Television referred at Apple as an “absolute phenomenon” that surpasses expectations once again.

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Apple Earnings (AAPL): Apple Reports A Monster Quarter, Record Profits Due To Blockbuster iPhone Sales

Analysts had been waiting for Apple to release it’s quarterly report very eagerly. This was because Apple did an incredibly good business in the last quarter of 2011 and analysts have expecting some huge number. The estimates by everyone was very high. As it turns out, when Apple released the report now, it reported profits which were much more than what anyone expected! Apple made a huge $13.87 billion in profits against the expected figure of $10.08 billion. And overall sales peaked at $46.33 billion against the expected $39.04 billion.

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Icahn Asks Apple To Ramp Up Its Stock Buyback Program, Yet Again

Carl Icahn is one of the leading investors in Apple’s stock, thus holding certain power in swaying the company’s stock-related decisions. Icahn has now called upon Apple to increase its buyback program, a suggestion he has repeatedly made in the past too.

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Apple Stock Rises To $500 For First Time Since January

Apple stock has seen some really good days, going as high as $700 in the past. However, since long, the stock’s value has been looming low but in the light of the recent comments by the prominent billionaire, Carl Icahn, it has surged yet again to $500, for the first time since January.

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Analyst Believes Apple Won’t Be Able To Release Phablet Until Next Year

For long time we have been hearing that Apple is working on a phablet (a device that can be used as a smartphone as well as a tablet) of its own. Recently, Peter Misek, a Wall Street analyst with Jefferies has said that Apple won’t be able to release phablet until the middle of next year.

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