Apple (AAPL) Marches Higher; Investors Looking for Positive Outcome in Samsung Trial
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $165.02 -1.21%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
Overall Analyst Rating:
NEUTRAL (= Flat)
Dividend Yield: 0.5%
EPS Growth %: -0.7%
Join SI Premium – FREE
Are Apple Inc. (Nasdaq: AAPL) investors already pricing in a strong outcome in litigation with Samsung?
Shares of Apple are up just under 1 percent in early trading Monday, hitting another all-time high of $655 in the process, amid reports CEO Tim Cook and Samsung CEO Kwon Oh Hyun will hold a call today to see if the two can enter a patent settlement before jury deliberations commence on Tuesday. Results of the call will be reported later in the session.
In the case, Samsung is seeking $399 million in damages along with devices being banned, while Apple said it lost $2.5 billion to $2.75 billion in sales.
Apple has closed higher nine of the last 12 sessions.
Shares of Apple are up just under 1 percent in early trading Monday, hitting another all-time high of $655 in the process, amid reports CEO Tim Cook and Samsung CEO Kwon Oh Hyun will hold a call today to see if the two can enter a patent settlement before jury deliberations commence on Tuesday. Results of the call will be reported later in the session.
In the case, Samsung is seeking $399 million in damages along with devices being banned, while Apple said it lost $2.5 billion to $2.75 billion in sales.
Apple has closed higher nine of the last 12 sessions.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple's (AAPL) Offer To Open Up Tap-and-go Tech To Be Approved By EU Next Month, Sources Say - Reuters
- Apple (AAPL) Removes Whatsapp From China App Store On China Govt Order- WSJ
- DOJ reportedly preparing antitrust lawsuit against Live Nation, shares slide 9%
Create E-mail Alert Related Categories
Insiders' Blog, LitigationSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
