Tag Archives: aapl

10 big tech stocks that climbed back from the dot-com crash

On March 10, 2000, the song “Bye Bye Bye” by boy band NSYNC was a top 10 single on the pop music charts. It was also the day the Nasdaq Composite index hit an all-time high of 5132.50 and investor sentiment turned from buy buy buy to sell sell sell. The decline from that peak signaled the start of the dot-com bubble burst. The index lost half its value within a year and hit bottom on Oct. 10, 2002, at 1108.40. On Monday, the Nasdaq Composite crossed 5000 for the first time since the dot-com crash nearly 15 years ago. The current uptrend has been helped by companies that weren’t public that last time the Nasdaq was above 5000, including Google (GOOGL) and Facebook (FB). Also boosting the Nasdaq is Apple (AAPL), which was just a struggling maker of Mac computers during the dot-com era….

Tesla At Milestone As Millstones, Rivals Drag Stock

The Geneva International Motor Show underway this week is dishing up more competition in high-end electric and plug-in hybrid cars for Tesla Motors (TSLA). The car debuts come as Tesla stock faces pressure on several fronts and the specter of possible Apple (AAPL) car looms down the road, but as its own business builds out. Geneva Auto Show Electric Cars In Geneva, Daimler (DDAIF) is showing off, for one, the Mercedes-Benz C 350 e car with plug-in

Apple Watch sales to get boost from interchangeable bands

W all Street analysts trying to predict the average selling price of the Apple Watch might be underestimating the impact of consumers buying extra wrist bands for the highly anticipated smartwatch. Piper Jaffray analyst Gene Munster predicts that the average selling price for the newest Apple (AAPL) product will be higher than the current consensus forecast of $500. “We expect ASPs could be closer to $550, or $575-$600 when adding additional bands,” Munster said in a research report Monday. “Ultimately this could also mean higher segment gross margins than previously thought (we previously expected 40% gross margin, slightly ahead of the company’s current gross margin).” Munster says he is conservative in his sales projections for the Apple Watch, which goes on sale in April. He says Apple will sell 8 million units this calendar year, vs. Wall Street’s target of 14 million. Munster rates Apple stock as overweight…