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An iPhone 8 dummy model is finally here

13 Agosto 2017
An iPhone 8 dummy model is finally here

They currently have a $150.00 price target on the iPhone maker's stock.

In other Apple news, insider Daniel J. Riccio sold 11,949 shares of the business's stock in a transaction that occurred on Tuesday, May 16th. However, this information was confirmed only now. Goldman Sachs Group, Inc.

In other news, insider Luca Maestri sold 4,757 shares of the stock in a transaction that occurred on Friday, June 2nd. Twelve equities research analysts have rated the stock with a hold rating, forty-two have issued a buy rating and one has assigned a strong buy rating to the stock. The company's stock had a trading volume of 10,630,342 shares. The company has a market capitalization of $813.42 billion, a price-to-earnings ratio of 17.88 and a beta of 1.31.

The latest is nothing that revolutionises the way we use phones, or the technology used to run them, but is simply a colour the phone will come in. Apple has a one year low of $102.53 and a one year high of $161.83.

Apple (NASDAQ:AAPL) last released its quarterly earnings data on Tuesday, August 1st. The iPhone maker reported $1.67 earnings per share for the quarter, topping analysts' consensus estimates of $1.57 by $0.10. Apple had a return on equity of 35.40% and a net margin of 20.87%.

Along with iPhone 8, Apple will be unveiling iPhone 7S and iPhone 7S Plus as well, though the devices will sport a LCD screen. During the same period in the prior year, the company posted $1.42 EPS. On average, equities analysts expect that Apple will post $9.02 earnings per share for the current fiscal year.

TRADEMARK VIOLATION NOTICE: "Apple Inc". The stock was sold at an average price of $154.70, for a total value of $735,907.90. Saratoga analysis & Investment Management increased its position in stocks of Apple by 0.6% in the Q1.

Apple announced that its Board of Directors has approved a share repurchase program on Tuesday, May 2nd that authorizes the company to buyback $50.00 billion in outstanding shares. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued.

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 17th. Stockholders of record on Monday, August 14th will be issued a dividend of $0.63 per share. This represents a $2.52 annualized dividend and a dividend yield of 1.60%. Apple's dividend payout ratio is presently 28.64%. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The stock was sold at an average price of $153.20, for a total transaction of $1,532,000.00. American Beacon Advisors Inc. purchased a new position in shares of Apple during the first quarter valued at about $117,000. Should Apple use black fronts for all the colors, or is it just my personal prejudice showing itself here? Over the last three months, insiders sold 299,911 shares of company stock worth $46,557,634. But the core issue is the limited supplies of OLED displays.

Several other institutional investors have also bought and sold shares of AAPL. Royal Bank Of Canada boosted their target price on shares of Apple from $157.00 to $168.00 and gave the stock an "outperform" rating in a research note on Monday, May 22nd. Prudential PLC raised its position in Apple by 5.0% in the fourth quarter. Azimuth Capital Management LLC now owns 149,560 shares of the iPhone maker's stock valued at $17,322,000 after buying an additional 53,239 shares during the last quarter. The legal version of this report can be accessed at https://stocknewstimes.com/2017/08/12/apples-aapl-buy-rating-reiterated-at-drexel-hamilton.html.