Even if Apple's stock continues to trade at its relatively low valuation of just 14 times earnings, the company's rapidly ballooning earnings will force the stock up to $2,000 per share by the end of 2015, calculates independent analyst Andy M. Zaky.
Rounding out Wednesday's collection of software updates, Apple rolled out new Apple Remote Desktop 3.5.3 (Client), Client and Server Security Update 2012-002 for Snow Leopard and Server Admin Tools 10.7.4.
Apple on Wednesday released an update to its Safari web browser that automatically disables old versions of Adobe's Flash Player as they don't have the most up-do-date security features.
Apple on Wednesday released OS X 10.7.4, the latest update to the company's Lion operating system which brings various improvements including a fix for a recently-exposed FileVault bug.
Though Apple faces scrutiny from the federal government in the form of an antitrust lawsuit, the company has only spent $500,000 on lobbying the U.S. government in the first three months of 2012.
When asked about similarities between the design of HP's new Ultrabook and Apple's MacBook Air, an HP executive dismissed concerns that Apple could sue.
As the price of cellular radios comes down, AT&T believes that eventually all tablets will include them, giving users the choice of data on the go without paying extra for hardware.
Pegatron has reportedly landed orders for Apple's next-generation iPhone, rumored to launch in September, while Foxconn will allegedly manufacture a new 7-inch iPad arriving in August.
Some customers who purchase an iPod between 2006 and 2009 began receiving notice this week that they are members of a pending class-action lawsuit accusing Apple of creating a monopoly with the iTunes Music Store.
SIM card maker Giesecke & Devrient is showing off Apple's new nano-SIM design, which has been modified to resolve Nokia's objections to it, at the CTIA tradeshow in New Orleans, La.
The "Pirq" daily deal app is partnering exclusively with Apple to provide mobile restaurant deals to the iPhone maker's employees as it makes its first pass at entering the Silicon Valley market.
Microsoft on Tuesday rolled out updates for both the 2008 and 2011 versions of its Office for Mac software suite, most importantly bringing a fix for vulnerabilities that allowed an attacker to overwrite a computer's memory with malicious code.
A report calls Apple's reputation "Teflon," referring to recent revelations of the company's tax practices and finds that public opinion went mostly unchanged when the story broke a week ago.
A California judge has tossed out a trademark complaint brought against Apple by Proview Electronics Co. over the iPad name, however an identical case remains unsettled in China.
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Daniel Eran Dilger
AppleInsider Staff
Mikey Campbell
Katie Marsal
Sam Oliver
Neil Hughes
Josh Ong
