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Everything You Need To Know From Carl Icahn's Apple Letter
Monday, May 18, 2015 - 12:51pm | 471Read More...Shares of Apple Inc. (NASDAQ: AAPL) were trading higher by more than 1 percent Monday after activist investor and Apple shareholder Carl Icahn wrote an open letter to the company's management. Shares traded recently at $130.37, up $1.60. Shares Worth $240 According to Icahn,...
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The People Have Spoken And Want An Apple Car
Thursday, May 14, 2015 - 9:06am | 363Read More...Apple Inc. (NASDAQ: AAPL) has yet to admit if it is working on building the car of the future. This fact doesn't appear to matter, as a survey of consumers who already own a hybrid or electric vehicle found that more than 75 percent of respondents would likely buy a car manufacturing by Apple...
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Is Apple Teaming Up With Fiat For More Than CarPlay?
Monday, May 11, 2015 - 9:06am | 327Read More...Fiat Chrysler Automobiles (NYSE: FCAU)'s CEO Sergio Marchionne, speaking in Canada during an event to mark the opening of a new Maserati dealership in a Toronto suburb, said that he recently met with Apple Inc. (NASDAQ: AAPL)'s Chief Executive Officer Tim Cook along with Elon Musk, Chief Executive...
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Cantor Fitzgerald Explains Raising Apple's PT To $180
Tuesday, March 24, 2015 - 2:53pm | 366Read More...Cantor Fitzgerald analyst Brian White recently upped his target on Apple Inc. (NASDAQ: AAPL) to $180. White was on CNBC Tuesday to explain the reasons behind this raise. Three Reasons "Think about the concerns a couple of years ago. 'Oh! Tim Cook is no Steve Jobs.' 'Samsung...
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Gene Munster: Apple Can Go Higher Than $700 Billion
Monday, March 9, 2015 - 6:58am | 451Read More...Piper Jaffray Managing Director and Senior Research Analyst Gene Munster said during an interview with Benzinga's #PreMarket Prep that he believes Apple Inc.'s (NASDAQ: AAPL) run can continue. "I think it can and for two big reasons," said Munster. "First, the...
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Morgan Stanley Says Apple's Valuation 'Doesn't Reflect Platform Multiple,' Suggests Valuation Of $160
Monday, March 2, 2015 - 9:43am | 313Read More...In a report published Monday, Morgan Stanley analyst Katy Huberty stated that shares of Apple Inc. (NASDAQ: AAPL) are undervalued and that its current valuation "doesn't reflect platform multiple." "Apple has the world's most valuable technology platform," Huberty...
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4 Reasons The Car Is Crucial To Apple
Tuesday, February 24, 2015 - 11:32am | 400Read More...Apple Inc. (NASDAQ: AAPL) has been mum on its plans to get into the auto business amid accusations that the company is poaching employees from Tesla Motors Inc (NASDAQ: TSLA), A123, Mercedes Benz and other electric car manufacturers. Morgan Stanley released a note on Tuesday that outlines four...
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Morgan Stanley On Apple: 'World's Most Valuable Company Meets Most Disruptable Industry'
Tuesday, February 24, 2015 - 10:27am | 355Read More...In a report published Tuesday, Morgan Stanley analyst Adam Jonas commented that he would not be "dismissive" of Apple Inc.'s (NASDAQ: AAPL) automotive ambitions and that being in the car business "could be very important" for Apple. Based on Jonas' calculations, the...
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Cantor Fitzgerald Looks Past The 'Apple Car,' Suggests Robots On The Way
Monday, February 23, 2015 - 11:41am | 264Read More...In a report published Monday, Cantor Fitzgerald analyst Brian White commented that Apple Inc.'s (NASDAQ: AAPL) future "Apple Car" has the potential to be the "iPhone of the Future" but that is just the first step in Apple's long-term initiatives. White explained that...
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Could The Apple Car Rumors Hurt Investors? This Expert Explains How
Monday, February 23, 2015 - 8:22am | 560Read More...Will the Apple Car rumors hurt investors? It could -- Sean Udall, CIO of Quantum Trading Strategies and author of The TechStrat Report, explains how. "Here's a little lesson," Udall told Benzinga. "If people start getting way too enthused about Apple and products that are...
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This Analyst Just Said Tesla, Apple And Google Could Put Porsche, BMW, GM And Ford Out Of Business
Friday, February 20, 2015 - 4:14pm | 531Read More...Out with the old and in with the new? That'd the word from Global Equities Research analyst Trip Chowdhry. "Right now, [the auto industry] is a trillion-dollar market, more than that," Chowdhry told Benzinga. "Apple is not a player. If Apple can get just 10 percent of the...
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Is There A Realistic Timeline For Apple's Car?
Friday, February 20, 2015 - 2:52pm | 676Read More...Bloomberg sources claim that Apple Inc. (NASDAQ: AAPL) wants to start producing cars as soon as 2020. Is this too late or too soon? Is it a realistic time table for the tech giant, whose largest product is currently the iMac? "Money speeds things up a heck of a lot," Sean Udall, CIO...
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Is Apple Setting A 2020 Target To Begin Car Production?
Friday, February 20, 2015 - 12:50pm | 203Read More...Shares of Apple were trading higher by 0.25 percent on Friday morning after a Bloomberg reported suggested that Apple Inc. (NASDAQ: AAPL) has set 2020 as a target to begin production of an electric vehicle. According to sources familiar with the deal, Bloomberg noted that Apple has built a roster...
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3 Ways Apple Can Enter The Auto Industry
Thursday, February 19, 2015 - 1:04pm | 859Read More...Apple Inc. (NASDAQ: AAPL) could be working behind the scenes to develop its first automobile. This might sound unlikely, but that's probably what people thought about Apple and cell phones before the iPhone was unveiled. "If you look at Tesla in particular, Tesla and Apple trade a lot...
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The Rumored Apple Car Initiative: 6 Things Investors Must Know
Wednesday, February 18, 2015 - 12:44pm | 1298Read More...Apple Inc. (NASDAQ: AAPL)'s rumored automobile initiative is spreading fast. Reuters and The Wall Street Journal have already published stories on Apple's plans. Numerous others have chimed in with theories and opinions. From Google Inc (NASDAQ: GOOG) to Tesla Motors...
