Apple Inc (NASDAQ:AAPL) | Apple Worldwide Developers Conference Kicks Off ...

[Business Wire] - Apple® today announced that it will hold its annual Worldwide Developers Conference June 2 through June 6 at San Francisco's Moscone West. At this year's five-day conference, developers from around the world will learn about the future of iOS and OS X®, giving them the latest tools and technologies to continue creating the most innovative apps for the millions of iOS and Mac® customers worldwide.Read more on this.

Apple Inc. (AAPL), with a current market cap of $483.50B, opened at $541.67. Today, shares have traded between $540.63 and $542.50 per share with the price of the stock fluctuating between $385.10 to $575.14 over the last 52 weeks. AAPL shares are currently priced at 12.69x this year's forecasted earnings, which makes them relatively inexpensive compared to the industry's 30.90x forward p/e ratio. And for income investors, the company pays shareholders $12.20 per share annually in dividends, yielding 2.30%. In a review of the consensus earnings estimate this quarter, 46 sell-side analysts are looking at $10.14 per share, which would be $0.05 better than the year-ago quarter and a $0.74 sequential decrease. In looking at the bigger picture, the full-year EPS estimate of $42.75 would be a $3.00 improvement when compared to the previous year's annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $43.57 Billion. If realized, that would be a 0.07% decrease over the year-ago quarter. More recently, Barclays downgraded AAPL from Overweight to Equal Weight (Feb 20, 2014). Previously, Standpoint Research downgraded AAPL from Hold to Sell. The average price target for AAPL shares by the analysts covering the stock is $592.38, which is 9.36% above where the stock opened this morning. Summary (NASDAQ:AAPL) : Apple Inc. and its wholly-owned subsidiaries design, manufacture, and market mobile communication and media devices, personal computers, and portable digital music players worldwide. It also sells software, services, peripherals, networking solutions, and third-party digital content and applications related to its products. The company offers iPhone, a line of smartphones that comprise a phone, music player, and Internet device; iPad, a line of multi-purpose tablets based on Apple's iOS Multi-Touch operating system; Mac, a line of desktop and portable personal computers; and iPod, a line of portable digital music and media players, such as iPod touch, iPod nano, iPod shuffle, and iPod classic. It also provides Apple TV, a portfolio of consumer and professional software applications, the iOS and OS X operating systems, iCloud, and various accessories, service and support offerings; and manufactures the Apple LED Cinema Display and Thunderbolt Display. In addition, the company sells various other application software comprising Final Cut Pro, Logic Pro X, and its FileMaker Pro database software, as well as a range of Apple-branded and third-party Mac-compatible, and iOS-compatible peripheral products, including printers, storage devices, computer memory, digital video and still cameras, pointing devices, and various other computing products and supplies. Apple Inc. sells digital content and applications through the iTunes Store, App Store, iBooks Store, and Mac App Store; and its products through its retail stores, online stores, and direct sales force, as well as through third-party cellular network carriers, wholesalers, retailers, and value-added resellers. The company also sells a range of third-party products through its online and retail stores. It serves various consumers, small and mid-sized businesses, as well as education, enterprise, and government customers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California. Tag Helper ~ Stock Code: AAPL | Common Company name: Apple | Full Company name: Apple Inc (NASDAQ:AAPL) .