Apple Inc. (NASDAQ:AAPL) rose 1.74 percent for the five trading days ending Nov. 4, 2014. That was in line with the rest of the market. NASDAQ was a little lower, with a 1.30 percent rise, and the Dow was a little higher, rising 2.20 percent.
Rumor: Apple Watch to Debut in Spring
The much-anticipated Apple Watch will debut sometime in Spring 2015 after the Chinese New Year (which is on Feb. 15), according to the site 9 to 5 Mac, which received a transcript, from an unnamed source, of an internal Apple video meant for retail employees.
Stock Hits All-Time High on Monday
Intra-day on Monday, AAPL hit 110.30, an all-time record that Investor’s Business Daily attributes to the rumor about the Spring release of the Apple Watch.
Apple Sells Bonds in Europe
Apple issued 2.8 billion euros of debt (equivalent to 3.5 billion dollars) this week, the first time it has issued bonds in any currency other than dollars. The interest rates were exceptionally low — 1.082 percent for 8-year notes and 1.671 percent for 12-year notes — which reflects the high demand among investors to purchase the bonds because of Apple’s stability and creditworthiness. Apple will use the funds for dividend payments and share buybacks, among other general purposes.
Apple and Google to Share Rights in Disney Films
Apple and Google (NASDAQ: GOOG) made an unusual deal to let consumers buy copies of Disney (NYSE: DIS) films through the companies’ respective stores (iTunes and Google Play) and then watch the movies on either iOS or Android devices, no matter which platform they were originally purchased from..
Rumor: Apple May Phase Out iPad Mini
The Digital Trends site is reporting that, according to an unnamed source interviewed by Taiwan’s Economic Daily News