Following recent AAPL upgrades by:
** I KNOW FIRST algorithmic system
***TELSEY ADVISORY-- all upping their price targets to anywhere from $525 to $600 per share .
Do we enter Green AAPL's season?
The question is how long it will last?
Taking into account China Mobile-related activity, along with its impact on other channels, Zhang estimates total Chinese iPhone sales are now on a 2.7M-2.8M/month run rate, and will be on a 2.8M-2.9M/month run rate in Q1. That's in-line with a prior forecast for 34M-35M 2014 Chinese iPhone sales, up just slightly from 2013's 33M.
Tim Cook's compensation for 2013 has increased 1.9% to $4.25M, with the package including a base salary of $1.4M and a performance bonus of $2.8M.
However, the Apple CEO gave up 7,100 restricted stock units, due to a fall in the company's shares price.
At the same time, Apple says its board and management are "thoughtfully considering options for returning additional cash to shareholders and are currently seeking input from shareholders as part of the Company’s regular review." Tim Cook stated in October Apple would hold off on making new capital allocation decisions until early 2014.
In its proxy filing for its Feb. 28 annual meeting, Apple (AAPL) urges shareholders vote against Carl Icahn's Prop. 10, a "non-binding advisory resolution" calling for Apple to spend at least $50B on buybacks in FY14 (ends Sep. '14).
Because Apple's stock is heavily influenced by irrational investors, it has become an especially risky and volatile asset; however, many hedge funds believe that their formulas and algorithms can factor in investor behavior and have consequently elevated Apple to their most traded stock.
Tim Cook in a holiday memo to employees: "We have a lot to look forward to in 2014, including some big plans that we think customers are going to love." The remarks come as fresh rumors (I, II) about the 2014 arrival of an iWatch and larger iPhones and iPads continue to arrive.
Ahead of the start of China Mobile's iPhone sales ,
Wedge Partners reports the iPhone 5C has fallen out of a list of the 20 bestselling Chinese smartphones. The 5S has dropped one spot to #3.
The report follows one from research firm Counterpoint estimating that Apple's Chinese smartphone share rose to 12% in October from a mere 3% in September, following the 5S/5C launches.
A Turkish site reports:
Tim Cook and other Apple execs will meet with the Turkish government in February regarding a 4-year education initiative that could involve 13M+ tablet purchases, and have a price tag of $3B-$4B.
Tim Cook’s Apple memo cites ‘big plans’ for 2014:
"We have a lot to look forward to in 2014, including some big plans that we think customers are going to love. I am extremely proud to stand alongside you as we put innovation to work serving humankind’s deepest values and highest aspirations. I consider myself the luckiest person in the world for the opportunity to work at this amazing company with all of you."
A source close to Apple's M&A process tells 9to5 Mac Apple has acquired BroadMap, a startup that provides a variety of tools for creating maps, as well as aggregating, analyzing, and managing mapping/location data.