"Apple's Financial Moves: Bond Sale and Stock Performance"
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.
Topics:business#apple#business#corporate-purposes#second-quarter-results#stock-offering#warren-buffett
- What's Going On With Apple Stock? - Apple (NASDAQ:AAPL) Benzinga
- Apple, Sitting on $57B Cash, Plans Bond Sale Yielding More Than Treasurys TheStreet
- Apple Taps US High-Grade Bond Market Bloomberg
- Apple taps US high-grade bond market with $7.7b deal The Australian Financial Review
- View Full Coverage on Google News
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