Published: Sun, October 29, 2017
Culture&Arts | By Darrell Mcdonald

Apple sold out of iPhone X pre-orders

Apple sold out of iPhone X pre-orders

That can prevent them from being able to purchase new phones outright without fees, and Best Buy's price could be reflecting those restrictions. The stock presently has a consensus rating of "Buy" and a consensus target price of $193.05.

Shares of Apple (NASDAQ:AAPL) opened at 113.72 on Friday. One listing on the online trading website promised delivery of a "unlocked" space gray model of the phone for a price of $59,999. The stock's 50 day moving average price is $114.12 and its 200 day moving average price is $104.15.

Apple (NASDAQ:AAPL) last issued its earnings results on Tuesday, August 1st. Private Trust Co. NA lifted its stake in shares of Apple by 0.9% during the 1st quarter. The firm had revenue of $45.41 billion for the quarter, compared to analyst estimates of $44.94 billion. Apple had a return on equity of 35.59% and a net margin of 21.19%. Apple's revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.96 earnings per share.

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Well, if you want new Apple iPhone X without waiting, one of the residents of our vast country is ready to help you with this, however, in this case, Apple iPhone X will cost you some 600 000 rubles. The ex-dividend date of this dividend is Thursday, November 3rd. Equities research analysts predict that Apple will post $9.00 earnings per share for the current fiscal year. The Apple phone comes with face recognition, a first for a flagship product from any smartphone manufacturer.This is the first ever iPhone to come with an OLED display with Dolby vision and HDR10 support. The stock was sold at an average price of $157.58, for a total transaction of $5,515,300.00. Following the transaction, the insider now directly owns 116,369 shares in the company, valued at approximately $12,619,054.36. (NASDAQ:AAPL) by 14,030.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC).

In other news, SVP Johny Srouji sold 10,469 shares of the business's stock in a transaction dated Wednesday, August 16th. The shares were sold at an average price of $154.21, for a total transaction of $9,775,063.48. The disclosure for this sale can be found here.

Several hedge funds and other institutional investors have recently made changes to their positions in AAPL. Saratoga Research & Investment Management now owns 667,132 shares of the iPhone maker's stock worth $95,840,000 after acquiring an additional 4,137 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in shares of Apple by 1.5% during the 2nd quarter. AMI Asset Management Corp's holdings in Apple were worth $33,750,000 at the end of the most recent reporting period. Finally, Clearbridge Investments LLC increased its holdings in Apple by 1.2% in the 1st quarter.

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