Update

4 hours ago

A quick note about Apple and profits and tax

Source: Tim Worstall | May 19 2013, 1:53am CDT

There’s a certain number of people over in the US who think that Apple has shifted a large part of its profits out of the US. This simply isn’t true. What is true is that Apple is making a significant amount (some 70% or so) of its profits outside t ...

Continue reading on: Tim Worstall More like this

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8 hours ago

Big Apple is hard on small startups

Source: New York Post | May 18 2013, 10:24pm CDT

“If you can make it here . . .” That’s the refrain of small businesses trying to make a go of it in the Big Apple. But according to recent polls looking at entrepreneurship, there are many huge hurdles facing small startups, starting with a state and loc ...

Continue reading on: New York Post More like this

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FRANCE-SOCIETY-GAY-MARRIAGE-PRINTEMPS-FRANCAIS-APPLE-PROTEST

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3 hours ago

Quote:
"New York’s state and local tax burden, government fees, cost of living, the prevalence of unions and high insurance costs make it unattractive for knowledge-based businesses"

Source: New York Post

Who is this Celebrity?

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Update

9 hours ago

Apple Inc.’s (AAPL) Stock Has Just Bottomed

Source: ETF daily news | May 18 2013, 9:01pm CDT

Top 10 Holdings (62.38% of Total Assets) as of 4/22/13 Yet I never mentioned the fundamentals of Apple, which everyone already knows how they have the best balance sheet in the world, a great dividend that’s higher t ...

Continue reading on: ETF daily news More like this

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Apple Youtube Videos

Apple Byte - Google aims directly at Apple
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Apple still dominates
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10 hours ago

Will Apple’s MacBook Air Be a WWDC Star?

Source: Wall Street Cheat Sheet | May 18 2013, 8:16pm CDT

Does a shrinking MacBook Air reseller inventory indicate that Apple’s (NASDAQ:AAPL) popular laptop is about to get a major refresh? According to Apple Insider, the 13-inch MacBook Air with 1.8-gigahertz processor and 256-gigabyte solid-state drive is com ...

Continue reading on: Wall Street Cheat Sheet More like this

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10 hours ago

UC Berkeley commencement: Apple co-founder Steve Wozniak gives graduates a happiness equation

Source: Inside Bay Area | May 18 2013, 7:47pm CDT

their ideals. there. "It is so simple. It is so nice for the buyer." graduates said they felt it was too meandering and lacked sophistication, while others said they appreciated its lighthearted, personal ...

Continue reading on: Inside Bay Area More like this

Oh Where, Oh Where Are Apple's Macbook Airs Going?

Source: PC Magazine | May 18 2013, 6:28pm CDT

So begins the Apple rumormongering this time, it's chit-chat about a possible refresh to the Macbook Air that's making the rounds. A new report from AppleInsider indicates that MacBook Air laptops are starting to dry up at autho ...

Continue reading on: PC Magazine More like this

Update

12 hours ago

How Apple Is Scrambling to Catch Up With Google

Source: Motley Fool | May 18 2013, 6:10pm CDT

The single, easiest way to keep track of all the stocks that matter... Your own personalized stock watchlist! It's a 100% FREE Motley Fool service... Among many other things, Google (NASDAQ: GOOG ) just unveiled a new music streaming servic ...

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Update

17 hours ago

Apple's WWDC honey-do list, as dictated by the internet

Source: The iPhone Blog | May 18 2013, 1:20pm CDT

With WWDC just a few weeks away, I thought it’d be beneficial to the Internet at large to compile a working list of everything that is expected of Apple during their Keynote and subsequent “State of the Union” addresses in order to appease the Internet. ...

Continue reading on: The iPhone Blog More like this

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18 hours ago

This Time, Apple Should Follow BlackBerry's Lead

Source: Daily Finance | May 18 2013, 12:25pm CDT

Following the launch of the iPhone in 2007, Apple quickly grew to be the dominant player in the high-end smartphone industry. In doing so, it decimated the market share of BlackBerry (then called Research In Motion), sending the company into a tailspi ...

Continue reading on: Daily Finance More like this

Update

18 hours ago

Pentagon approves iPhone, Apple products for military use

Source: Global Post | May 18 2013, 12:05pm CDT

Personnel can now add iPads and other Apple gadgets to a short list of cleared devices that include Samsung and BlackBerry products. This picture taken 26 December 2011 shows the Pentagon building in Washington, DC. It is the w ...

Continue reading on: Global Post More like this

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18 hours ago

Apple to Users: No Hooking Up Through iPhones

Source: Wall Street Cheat Sheet | May 18 2013, 12:01pm CDT

If you’re an iPhone user that was hoping to hook up with a Facebook (NASDAQ:FB) friend through the Bang With Friends iPhone application this weekend — sorry, you’re out of luck. Apple (NASDAQ:AAPL) pulled the racy a ...

Continue reading on: Wall Street Cheat Sheet More like this

Update

18 hours ago

Apple seen losing its innovation magic

Source: Deccan Herald | May 18 2013, 11:56am CDT

Apple, the world's most valuable technology company, has lost its edge among investors, according to the latest Bloomberg Global Poll. Hedge funds sold large stakes of the iPhone maker's stock in the first quarter, Apple shares are down ...

Continue reading on: Deccan Herald More like this

22 weeks ago

Apple Stock Price Nears $500

Dec 15 2012, 1:00am CST | by Mark Raby

What goes up...

For most companies, the idea of a $500 stock price would make the CEO giddier than the giddiest schoolgirl. For Apple, though, it's a sign that there has been a huge decline in its value. After making history and setting new records on Wall Street, Apple's stock prices have been falling quickly. On Friday alone, they dropped by nearly $20, to $509.79.

Back in September, there was a very different storyline being painted about Apple's market value. It caused everyone's eyes to pop when it actually managed to eclipse $700. The highest end-of-day price that Apple stocks hit was $702, to be exact.

Unfortunately, it has kind of been downhill since then. Last week alone, Apple stock prices declined by about 10%. And all of this is coming at a time when you would expect most of the population to be more excited about Apple products than ever.

This is not exactly a direction that people had anticipated. Financial services group UBS had predicted Apple might see a stock price of as high as $780 in 2013. Analyst Steven Milunovich has now revised that to $700, which is of course lower than its top price of 2012.

A number of reasons have been suggested as to why Apple is seeing this reversal of fortune. The most common appears to be related to all the talk of the "fiscal cliff," which is just causing problems for companies in every industry. It wouldn't necessarily be something that Apple is doing wrong.

Also, though, it's suggested that Apple's profit margins are down, and that the company might be currently in a position of trying to acquire new customers instead of just sucking profit from its existing base. Or it could actually be that customers are starting to see the value in other devices like the Nexus 7, Kindle Fire, and Galaxy S III.

Piper Jaffray analyst Gene Munster seemed to be a bit more optimistic, though. "We are more optimistic about 2013 as we believe Apple will not only launch a television, but also a lower priced iPhone for prepaid markets in 2014 or potentially sooner," he wrote.

Via Cnet

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Mark Raby
With more than 10 years as a professional writer, Mark Raby has an undeniable pulse on the latest trends. From the quiet rumors to the breaking news of the day, his eagle eye is always focused on the newest scoop and figuring out how and why the big newsmakers are noteworthy and relevant. He is based in New York City.

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