There's one thing that really has me anxious about the iPhone 8

Nettie James
May 8, 2017

Apple Inc. (AAPL) stock price rose 54.51 percent over the past one year, while increased 31.79 percent during the past 6 months. Northwest Invest Counselors Ltd Liability Corporation holds 1.37% or 23,370 shares.

Apple (AAPL) reported second-quarter earnings that beat expectations but fell short of forecasts. Isthmus Partners LLC boosted its stake in shares of Apple by 80.5% in the third quarter. Apple hasn't changed the basic design of the iPhone in three years, making the iPhone 7 look conservative next to its contemporary Android rivals. Apple also has spent $151 billion buying back its own stock since 2012. Wright Investors Service Inc. increased its position in shares of Apple by 6.1% in the first quarter. (NASDAQ:AAPL) traded up 1.66% during trading on Friday, hitting $148.96. The company had a trading volume of 310,715 shares. Apple has a one year low of $89.47 and a one year high of $148.98.

Apple Inc. (AAPL)'s distance from 200 day simple moving average is 21.82 percent, its distance from 50 day simple moving average is 3.56 percent, while its distance from 20 day simple moving average is 2.2 percent.

Levin theorized that Apple's focus of late on "services" such as music, video and original content may have resulted from a conclusion that iPhone growth in important markets such as the U.S.is finite. The iPhone maker reported $2.10 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $2.02 by $0.08.

Apple said this week it is increasing and extending its shareholder-returns program and said it would tap the bond market at home and overseas to fund the program. Investors of record on Monday, May 15th will be issued a $0.63 dividend.

On 4/26/2016 Apple announced a quarterly dividend of $0.57 2.33% with an ex dividend date of 5/5/2016 which will be payable on 5/12/2016. This represents a $2.52 annualized dividend and a yield of 1.69%. Their payout ratio is 27.00%.

TRADEMARK VIOLATION NOTICE: "Moloney Securities Asset Management LLC Acquires New Stake in Apple Inc".

A number of other research firms have also issued reports on AAPL.

Levin said that while iPhone growth may be flattening out in the USA, the size of the user base offers up an opportunity to set up services as its next major area of growth.

Several equities analysts have commented on AAPL shares. Stock has got OUTPERFORM rating from 3 analysts of Thomson Reuters, 14 analysts given HOLD rating to the stock and 1 given UNDERPERFORM rating.

Merrill Lynch reiterated a Buy rating and $155 price target. Finally, Rosenblatt Securities restated a "neutral" rating and issued a $102.00 price objective on shares of Apple in a report on Friday, December 16th. Those sentiments were countered with the argument that many consumers could be holding out on buying new iPhones until they see what Apple has in store to mark the 10th anniversary of the iPhone later this year.

The analysts offering 12 month price targets for Apple Inc. have a median target of $158, with a high estimate of $185 and a low estimate of $120. No trade can occur until someone is willing to sell a stock at a price that another is willing to buy it at. The shares were sold at an average price of $141.83, for a total value of $894,663.64. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Craig Federighi sold 70,627 shares of the firm's stock in a transaction on Thursday, February 16th. The shares were sold at an average price of $129.83, for a total transaction of $2,147,128.54. State Street Corp now owns 219,739,579 shares of the iPhone maker's stock valued at $25,450,260,000 after buying an additional 4,301,005 shares in the last quarter.

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