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Apple stock news: All the news about the company

Despite negative headlines, such as being ordered to pay 13 billion euros in back taxes by the EU Commission in summer 2016, Apple's share price continues to rise. Get the most important news on Apple stock performance in this article.

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Share price with small minus, large reserves as a stabilizer

In the following days after the verdict, the Apple share price appeared relatively unimpressed by the threat of additional payment. One possible reason for this: according to official figures, Apple has cash reserves of $230 billion. The additional tax payment would therefore by no means put the tech pioneer in financial difficulties and jeopardize its operating business.Nevertheless, the EU Commission's decision caused some discussion. The main issue is the amount of Apple's tax savings: converted, Apple's tax amounts from 2003 to 2014 mean a tax rate of 0.005 and 1.0 percent, which is difficult to reconcile with the general sense of justice.

Apple stock: how it's performing

The price of Apple stock has continued to rise in recent years. As recently as June 2020, Apple reported record revenue of 59.7 billion for the second quarter. This success is mainly due to the increasing sales of Apple products and services worldwide.
  1. This success also led at the same time to an increase in the price value of Apple shares by 2.58 US dollars per unit.
  2. The price value has continued to rise since then and is currently (as of January 2021) at 118.78.
  3. Great popularity enjoys the Apple share also due to the regularly distributed dividends.
  4. The dividend is currently at 0.82 U.S. dollars per share and is paid quarterly in February, May, August and November.

By Funch Nalley

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