Apple. That bright and shiny tech darling continues to taste a little sour.
Shares of Apple (AAPL) fell below $400 for the first time since mid-April early Monday. The stock has struggled to stay above that mark all year and with some good reason.
It's lost some patent battles against Samsung, and just ended a three-week e-book trial that bordered on the absurd. (Five juicy details from the trial)
But let's walk it MORECatherine Tymkiw - Jun 24, 2013 1:12 PM ET
There is clearly a lot of anger about the growing U.S. government snooping scandal. But investors aren't expressing any of it.
Despite a report that showed the NSA got a court order to receive phone records from telecom Verizon (VZ), shares rose nearly 3.5% Thursday. That made it the Dow's best performer. The stock was up again Friday.
Overnight, the story mushroomed into something much bigger, as reports of a government program MOREPaul R. La Monica - Jun 7, 2013 11:45 AM ET
Pandora (P) has been caught on the losing end of the forces of creative destruction in the music industry yet again.
As rumors continue to swirl that Apple (AAPL) may be building out its own music station, Pandora's investors got spooked.
Shares of the Internet music company plunged more than 10% Monday.
And somewhere, Jack Johnson is crying. Pandora getting hit hard by the latest $AAPL iRadio rumors. $P down nearly 13%.
Apple is inching MOREMaureen Farrell - Jun 3, 2013 2:20 PM ET
As markets around the globe remain steeped in red, one stock is bucking the trend: Hewlett-Packard (HPQ).
HP is riding the wave of Meg Whitman's turnaround plan. The CEO said she's "encouraged" by the results so far, but cautioned it will take some time.
The company reported earnings late Wednesday that topped notoriously low forecasts and issued an improved profit outlook. So, even though sales are still not quite up to par, MORECatherine Tymkiw - May 23, 2013 11:26 AM ET
While lawmakers took turns bashing Apple (AAPL) for its creative tax policies, investors were cheering on CEO Tim Cook as he defended the company and pushed Congress to overhaul the tax code.
The general consensus among traders on StockTwits was that Cook looked like a capable leader compared with the elected officials doing the questioning.
Long Tim Cook. Short John McCain. $AAPL
$AAPL Tim Cook did great MORE
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
Is Google Glass rose-colored? That's clearly the right hue for investors.
Shares of Google (GOOG) are up more than 25% so far this year and the stock hit a new all-time high above $888 Tuesday morning.
So MOREPaul R. La Monica - May 14, 2013 1:34 PM ET
Apple sold $17 billion worth of bonds late Tuesday in the largest sale of corporate bonds ever.
The company offered both fixed and floating rate bonds, with maturities of of 3, 7, 10 and 30 years.
At $17 billion, the offering trumps Roche Holdings' $16.5 billion bond sale in 2009, according to data from Dealogic.
Apple saw strong demand for its bonds, which were rated Aa1 by Moody's and AA+ by Standard & MOREBen Rooney - Apr 30, 2013 11:24 AM ET
Instead of using its own cash hoard to reward shareholders, Apple plans to go into debt for the first time ever.
Apple CEO Tim Cook said late Tuesday that the company will double the amount it returns to shareholders through share buybacks and dividends by 2015, but will "access the debt market" to pay for it.
Borrowing money seems odd for a company like Apple (AAPL), which has $144 billion in cash. But more than MOREHibah Yousuf - Apr 24, 2013 2:47 PM ET
This article was published in the May issue of Money magazine.
You don't need Siri to tell you that mobile technology is just getting started.
Shipments of smartphones are forecast to surge 65% and tablets are expected to nearly double by 2017, led by strong growth in China, India, and Brazil, according to research firm IDC. Meanwhile, rumors abound of bendable screens and eye-scrolling technology just around the corner.
So what's the best MOREPaul R. La Monica - Apr 23, 2013 9:45 AM ET
When 21-year old Tom Pszeniczny decided to make his foray into investing, he figured Apple was a pretty safe bet.
In the days leading up to the iPhone 5 launch event last September, the Drexel University student bought six shares of the iPad and iPhone maker for $665 a piece.
While Pszeniczny wasn't looking to make a quick buck, the following week seemed promising. On the day the iPhone 5 went on sale, MOREHibah Yousuf - Apr 22, 2013 8:03 AM ET
Not a member yet?Sign up now for a free account
|Don't fight it. Bitcoin has a bright future|
|"The Hobbit" dispute sparks lawsuit|
|China's bad debt breaks Hong Kong IPO logjam|
|Five things you didn't know about Bernie Madoff's epic scam|
|I work 4 jobs and I'm still struggling|