Apple Stock

The big news of last week was the 7-to-1 stock split that Apple (NASDAQ: AAPL) shares underwent on Friday after the market closed. All shareholders of record as of market close last Monday, June 2, received an additional six shares. The price per share was $645 at closing on Friday and opened today at the split adjusted price of $92.70.

Shortly after Apple announced an API for Touch ID, Paypal announced that it will incorporate the fingerprint sensor into its mobile apps. This will facilitate fast, secure and convenient mobile payments. According to Business Insider, "Touch ID may also anchor an eventual full-fledged mobile wallet service from Apple itself."

Aside from the WWDC kickoff, the big news on everyone's mind today (at least shareholders' minds) is the 7-to-1 stock split that will affect all shareholders of record at market closing time. Everyone holding one share of Apple (NASDAQ: AAPL) at that point will be holding seven after the market closes this Friday, June 6. Shares will begin trading on a split-adjusted price beginning Monday, June 9. This prompts a question: What happens to shares bought between today and Friday? The split will still take place, it will just take a bit longer for your brokerage account to be credited with the additional shares.

The big news of last week was Apple's agreement to purchase Beats Music. The acquisition of the subscription streaming music service, as well as Beats Electronics, which produces high end audio equipment like the "b" headphones, will finalize in

Several weeks of rumor, anticipation and speculation finally came to a close today when Apple (NASDAQ: AAPL) formally announced in a press release that it will indeed acquire Beats Electronics, along with the Beats Music subscription service, for $3 billion.

As part of the deal, Beats co-founders, Dr. Dre and Jimmy Iovine will join the team in Cupertino in as yet undisclosed roles. According to Iovine, "I've always known in my heart that Beats belonged with Apple... The idea when we started the company was inspired by Apple’s unmatched ability to marry culture and technology. Apple’s deep commitment to music fans, artists, songwriters and the music industry is

The big news of the past week was the Apple (NASDAQ: AAPL) - Google truce. Amidst what seems to be hundreds of patent infringement lawsuits going on around the globe, the two smartphone giants agreed to cease all litigation and "work together in some ares of patent reform."

Billionaire investor Carl Icahn bought another 2.8 million shares of Apple, bringing his total stake in the company to around $4.5 billion. His recent bullishness regarding Apple probably means good things are in store for shareholders.

Billionaire hedge fund trader Carl Icahn has increased his holdings in Apple (NASDAQ: AAPL) by 2.8 million shares - about $1.65 billion, according to a Security and Exchanges Commission filing. The move brings his stake in the company up to a total of 7.5 million shares which, as of this writing, is worth just under $4.5 billion.

Icahn has been quite vocal recently about what Apple should be doing, namely buying back shares. In January he purchased $500 million worth of shares and tweeted, "Just bought $500 mln more AAPL shares. My buying seems to be going neck-and-neck with Apple's buyback program, but I hope they win that race." Whether on account of Icahn's pressure or not, Apple did indeed expand its stock repurchase program last month, announcing that its board had authorized up to