Waiting on that next catalyst and a reason to push higher! Volume is zilch while stock consolidates waiting for something to happen! If we don't get it soon, it may retreat again!
Only if they release Iphone 6 in June. A Fall release will be taken as another setback for Apple. Samsung is release products right and left in comparison to Apple.
Go to Google Finance and option chain. Yahoo has gone to the dogs in the finance and email areas.
If I see one more article I'll scream!!!!!
Also Samsung is announcing new products and Apple is slow at the punch. Doesn't help matters even if Samsung products are crapola!
Very manipulated by events and news. Negative litigious news today re Samsung is raining on the morning trade. Yet every time it breaks above 532.36 (yesterday's close) it takes a run back above 533. Volume has been lethargic however so its trading on very low float!
...In the last quarter, AAPL's cash hoard rose $12 billion quarter-over-quarter in spite of the company allocating $2.7 billion to dividends (side bar: this equates to $3.05/share) and repurchasing $5 billion in shares.
At these levels, Apple's (AAPL) 2.5% yield is still lower than that of Cisco (CSCO), Microsoft (MSFT), and Intel (INTC); each of the aforementioned companies has yields above 3%.
Back of the envelope, a 3% yield would equate to approximately $4.00/share for Apple (AAPL) (vs. current $3.05/share).
Notably, the technology company last adjusted its capital return strategy in April 2013, which is almost a year ago.
There are some heavy weights manipulating Apple stock! And on low volume!