Apple (AAPL) Stock Takes Cues from Bond Market

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Goldman Adjusts Apple (AAPL) EPS Estimates Following Massive Debt Offering

May 1, 2013 9:46 AM EDT

Goldman Sachs today maintained a Buy rating on Apple (NASDAQ: AAPL) with a price target of $500.00, but adjusted earnings estimates to reflect its recent $17 billion debt offering, the largest in corporate history.

"We now forecast EPS of $38.45 in FY2013, $41.30 in FY2014, and $47.86 in FY2015, from $38.60,... More

Apple (AAPL) Successfully Makes Transition from Momo to Value Stock

April 30, 2013 3:26 PM EDT

With shares higher by over 11 percent in just the past 6 trading sessions - including today's 3 percent bond offering induced rally - it is clear investors are once again optimistic about Apple's (NASDAQ: AAPL) prospects, or at the very least they are less pessimistic. The turn in sentiment follows Apple's dramatic 40 percent tumble from its $700/share peak to $385, a price hit mid-month to the chagrin of many investors Apple who were blindsided by intense smart-phone and tablet completion from Samsung.

Some were even calling Apple the next Motorola, maker of the once oh-so popular... More

Apple (AAPL) Offers $17B of Bonds in Record U.S. Sale

April 30, 2013 1:40 PM EDT

(Updated - April 30, 2013 1:46 PM EDT)

Apple, Inc. (Nasdaq: AAPL) said to offer $17 billion of bonds in record U.S. sale.

The following were mentioned:$1 billion of 3-year floating rate notes;
$1.5 billion of 3-year fixed rate notes;
$4... More

Apple (AAPL) order book for six-part debt deal said to be $50B

April 30, 2013 12:06 PM EDT

Apple, Inc. (NASDAQ: AAPL) order book for six-part deal said to be $50 billion, according to Bloomberg headlines.... More

S&P Rates Apple (AAPL) Unsecured Debt Offering at 'AA+'

April 30, 2013 11:10 AM EDT

Standard & Poor's Ratings Services assigned Apple Inc.'s (Nasdaq: AAPL) senior unsecured notes with various maturities an issue-level rating of 'AA+' (at the same level as the corporate credit rating on the company). The company intends to use the proceeds from the proposed notes for... More

Apple (AAPL) Shares Move Up as Fixed Income Investors Clamor for Apple Bonds

April 30, 2013 11:00 AM EDT

Shares of Apple, Inc. (NASDAQ: AAPL) are moving higher Tuesday on reports that fixed income investors are clamoring for Apple bonds. The orderbook for the bonds is already oversubscribed at over $40 billion, according to the latest reports from Reuters.
... More