Computer Hardware

Despite having an iconic CEO resign yesterday, shares of Apple (NASDAQ: AAPL) are near session highs, with the broader equity markets near their lows of the day. At last check, shares of Apple were off $4.59 to $371.59, a loss of 1.22%‎ on almost 19 million shares. Shares fell as low as $350 in...

It has been and will be said hundreds, if not thousands, of times in the coming days that Apple (Nasdaq: AAPL) has lost a legend with the departure of Steve Jobs as CEO. Perhaps no company in the history of corporate America has been so intimately linked to the aura and persona of its CEO as Apple...

In an email to the employees at Apple (NASDAQ: AAPL), new CEO Tim Cook has reassured them that Apple is not going to change. Here's the email in full: “Team: I am looking forward to the amazing opportunity of serving as CEO of the most innovative company in the world. Joining Apple was the best...

It's been a crazy 24 hours for Apple Inc. (AAPL) investors and traders. Those who saw the news last night were watching it go by down 7% percent or so. Some traded it after hours around the recent support of $355-$358. This Morning did a video with Jill Malandrino from theStreet and we mentioned...

Morgan Keegan is out with its report today on Apple (NASDAQ: AAPL), maintaining Outperform. In its report, Morgan Keegan writes, "We expect no impact near term to our estimates from Jobs' departure, and although the longer term impact of losing Jobs is clearly a net negative, its a negative...

Sterne Agee is out with its report today on Apple (NASDAQ: AAPL), reiterating Buy. In its report, Sterne Agee writes, "We continue to believe that AAPL is positioned to outperform in this tough macroeconomic environment with its defendable strategic and structural advantages and its vertical...

According to IDC's Worldwide Quarterly Server Tracker, IBM (NYSE: IBM) led in factory revenue gains to achieve 30.5 percent market share in the second quarter of 2011, compared with HP's 29.8 percent share. IBM grew server revenue by 24.5 percent year over year – better than the overall market...

It's the question the Mac maker never wanted to ask. But we all knew it was coming. Even if Steve Jobs had been able to continue as CEO, he could not hold that position forever. Eventually Apple (NASDAQ: AAPL) was going to need a new chief executive to take over. In accordance with Jobs'...

ISI is out with its report today on Apple (NASDAQ: AAPL), maintaining Buy. In its report, ISI writes, "We remain positive on the stock and recommend buying on any weakness as we believe there could be 25-30% upside to next year's estimates with FY12 EPS ultimately ending up near $40 versus current...

Rodman & Renshaw has published a research report on Apple Inc (NASDAQ: AAPL). In the report, Rodman & Renshaw wrote, "Steve Jobs announced his resignation as the CEO of Apple (AAPL, Market Outperform) while taking on a titular role as the Chairman of the Board. Steve's role in the...

Goldman Sachs has published a research report on Apple (NASDAQ: AAPL) reiterating their views after the resignation of Steve Jobs as CEO. In the report, Goldman Sachs wrote, "Steve Jobs resigned from his role of chief executive officer of Apple; Tim Cook, chief operating officer, will succeed him...

According to Deutsche Bank, Apple (NASDAQ: AAPL) CEO Steve Jobs has stepped down. Deutsche Bank said that the news is not unexpected. “We expect this news to pressure shares of AAPL (8x EV/FCF and 9x CY11 PE ex-cash) and we view this depressed multiple likely reflects a lot of this concern....

Citi is out with its report today on Apple (NASDAQ: AAPL), maintaining Buy. In its report, Citi writes, "We rate AAPL shares Buy/ High Risk (1H) with a 12-month price target of $480. We believe that Apple remains one of the best ways to play the ongoing digitization of all entertainment content (...

According to J.P. Morgan, Apple (NASDAQ: AAPL) is built to last. J.P. Morgan said that iconic CEO Steve Jobs resigned from his post Wednesday. “Effective immediately, COO Tim Cook has taken the reins as Apple's CEO. Mr. Jobs has been elected as Chairman of the Board. We expect the news to create...

Wedbush is out with a research report on Apple (NASDAQ: AAPL) and is reiterating its Overweight rating and $510 price target. In a note to clients, Wedbush writes, "End of an era at Apple. Remain supremely confident in Tim Cook. We are saddened to hear about Steve Jobs stepping down from his...