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Against that backdrop, let's dig into the company's fiscal fourth-quarter results to see if the stock is a buy. Record revenue For its fiscal Q4, Apple's revenue rose 6% to $94.93 billion.
'AAPL' is the stock symbol under which Apple Inc. trades on the NASDAQ stock market. Apple originally went public on December 12, 1980, with an initial public offering at US$22.00 [244] per share. The stock has split 2 for 1 three times on June 15, 1987, June 21, 2000, and February 28, 2005.
On December 12, 1980, Apple (ticker symbol "AAPL") went public selling 4.6 million shares at $22 per share ($.10 per share when adjusting for stock splits as of September 3, 2022), [20] generating over $100 million, which was more capital than any IPO since Ford Motor Company in 1956. [29]
Apple stock, which closed at a record $251.04 on Monday, has gained more than 50% since bottoming out around $165 in April when the company launched Apple Intelligence—the name for its phone ...
Apple also likes to buy back stock — to the tune of almost $450 billion in recent years, CNBC reported. Stock buybacks are beneficial to existing stockholders since they reduce the number of ...
Apple’s initial public offering was a once in a generation event. When the computer company from Cupertino, California, began trading on the Nasdaq on Dec. 12, 1980, it was the biggest IPO since ...
Apple stock received a rare downgrade to "sell" from an analyst on Tuesday. The downgrade highlights premium-valuation concerns and some negative headlines in recent months.
The company stock split 4-1 in August 2020, and shares are near their highest price since the split. From a 52-week low of $107.32, Apple’s share price reached a high of $157.26 on Sept. 7.