"Apple's Financial Moves: Bond Sale and Stock Performance"

1 min read
Source: Benzinga
"Apple's Financial Moves: Bond Sale and Stock Performance"
Photo: Benzinga
TL;DR Summary

Apple has filed for a five-part notes offering, split into five different categories by due date, and intends to use the net proceeds for general corporate purposes. Last week, Apple reported better-than-expected second-quarter results, leading to several analysts raising price targets on the stock. Over the weekend, Warren Buffett praised Apple as a better business than anything else in Berkshire's portfolio. Apple shares are currently hovering near their 52-week highs.

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