Apple Cash

A Discover Financial Services (NYSE: DFS) representative gave a statement to Benzinga clarifying its payment card network's role in Apple Inc. (NASDAQ: AAPL) Apple Cash digital payment cards service. What Happened: A Discover spokesperson told Benzinga that while the...

Apple Inc. (NASDAQ: APPL) suddenly started showing off its new and unexpected partnership with payments giant Visa Inc. (NYSE: V). What Happened: Apple Cash virtual debit cards are seemingly switching from Discover Financial Services (NYSE: DFS) Visa, according to a...

Apple Inc. (NASDAQ: AAPL) reported Tuesday its fiscal second-quarter earnings, which reinforced the bullish case for owning the stock, according to Morgan Stanley. The Analyst Morgan Stanley's Katy Huberty maintains an Overweight rating on Apple with an unchanged $200 price target. The...

Apple Inc. (NASDAQ: AAPL)'s earnings report prompted some Wall Street analysts to downgrade the stock, but some among the Street aren't shying away from taking the other side of the trade. The Analyst Hilliard Lyons' Stephen Turner upgraded Apple's stock from Long-Term Buy to...

Despite Apple Inc. (NASDAQ: AAPL) boasting hundreds of billions of dollars on its balance sheet, the company is looking to tap the debt market for the seventh time this year alone. Apple is looking to raise $5 billion through a bond sale with various maturities of up to 30 years, Gadfly's Lisa...

When Apple Inc. (NASDAQ: AAPL) says it's sitting on $261.5 billion in cash, it isn't technically accurate as some of the holdings are in investible securities -- and not just parked in a savings account at a local bank. In fact, Apple owns $52.6 billion worth of U.S. Treasury securities, $...

Apple Inc. (NASDAQ: AAPL) revealed in its fiscal second-quarter report it is sitting on more than one-quarter of a trillion dollars in pure hard cash. To be specific, the company is holding $256.8 billion, up more than $10 billion from just the prior quarter. The problem is $239 billion is held...

Apple Inc. (NASDAQ: AAPL) massive $250-billion plus cash hoard held overseas isn't all cash sitting in a bank account. In fact, Apple owns $148 billion worth of corporate debt — enough to make it the world's largest fixed-income mutual fund. According to a Bloomberg's Claire Boston, it is...

Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal second-quarter results after Tuesday's market close, and with it, possibly a dividend hike. According to a CNBC report, Apple has historically updated its dividend payout in its fiscal second-quarter report, especially after committing...

Here's a thought: Apple Inc. (NASDAQ: AAPL) should use its giant trove of cash to acquire Walt Disney Co (NYSE: DIS). Sounds crazy, right? Not so much when considering this idea has been floated before but is now being given serious thought from Wall Street analysts. CNBC's Carl Quintanilla...

Terence Kawaja, CEO of Luma Partners was a guest on CNBC's Squawk Valley segment and discussed Apple Inc. (NASDAQ: AAPL)'s earnings results, which are scheduled to be released after Tuesday's market close. According to Kawaja, Apple's story continues to play itself over and over again: the company...

Apple Inc. (NASDAQ: AAPL)'s stock is undervalued based on its cash position, Sean Udall, a tech stock expert recently argued. But just how undervalued is Apple's stock? According to Udall, it is "f'ing absurd." Udall noted the only factor that really matters when evaluating a company from a...

Paul La Monica is a weekly guest on #PreMarket Prep, a daily trading idea radio show hosted by Joel Elconin and Dennis Dick. Tune in to the daily broadcast live Monday-Friday at 8 a.m. ET here. Discussing tech stocks during Friday's edition of Benzinga's #PreMarket Prep, Paul La Monica argued that...