Apple stock is attractive to a wide variety of investors. These investors include those who put their money in hedge funds.
Apple’s board of directors has decided to award dividend equivalent payments to employees holding Restricted Stock Units (RSU)s.
Morgan Stanley’s Katy Huberty has displayed a new note to clients with three new price targets for Apple’s stock. According to her analysis of the market and Apple, the bull case price is now $960, the base case is now $720. She mentioned the bear case is $405.
Without any obstacle, Apple’s stock is rising upward trend with the current price increasing by 5.83% since last week’s unveiling of the new iPad. The current price has shocked many stock advisors who thought that the release od the New iPad would provide a good opportunity to sell.
Apple recently filed the information of its stocks and its value in market with US Securities and Exchange Commission on 12 March 2012.
We recently reported about Apple’s worth being $500, 000, 000, 000. Now price of Apple’s stock has soared to astronomical heights over the last 18 months. On 29 February 2012, Apple stock closed at another record high and the company become more valuable than the GDP of Poland.
The value of Apple’s stocks and shares has increased in the market, thanks to the success of iPhone 4S and all anticipation about now officially coming next week, iPad 3. The marketcap of Apple has hit $500 billion dollars. That is a lot of money.