Analyst Rob Cihra from Evercore Partners raised his price target for shares of Apple to a record $750 after the news of the company’s new quarterly dividend flashed. The strong demand for iPad is also a reason for this act.
As we reported, the conference regarding plan for Apple dividends and repurchasing of shares did take place on the morning of 19 March 2012.
At the time of this news report being written, the conference call announced for 9 AM in the morning of 19 March 2012 is yet to happen.
Every corporate organization that has a standing and reputation in the business world holds a yearly meeting for shareholders to inform them where the company stood last year in the market and where it stands now. Such meetings help shareholders in understanding how valuable the shares that they are holding are and how much profit…