Apple Inc. (NASDAQ:AAPL) stock heads for 4th straight gain to 11-month high Shares of Apple Inc. AAPL, -0.23% rose 0.9% in midday trading, putting them on track for a fourth-straight gain. The stock, which has rallied 5.8% during the win streak, is also headed for the highest close since Oct. 9, 2018. The stock’s gains come in the […]
Apple Inc. (NASDAQ:AAPL) reclaimed its status as a trillion-dollar company Apple Inc. reclaimed its status as a trillion-dollar company Wednesday, hitting that level for the first time since last November on the day after it showed off its next iPhones. Apple AAPL, +3.18% introduced its new lineup of iPhones and revealed pricing details for its forthcoming gaming and video […]
Apple unveiled its iPhone 11 models Tuesday with a price cut for the most basic models while also laying out plans for streaming and gaming services as it bids to weather the slump in the global smartphone market. At an Apple media event, price appeared to be a key consideration as the tech giant reduced […]
Apple Inc. (NASDAQ:AAPL) expected to announce three new iPhones Apple’s next iPhones might not be able to charge other devices like the Apple Watch or AirPods after all, TF International Securities analyst Ming-Chi Kuo said in a note distributed to clients on Monday. The planned two-way wireless charging feature, which Kuo and Bloomberg have both reported is in development, would […]
Apple Inc. (NASDAQ:AAPL) poised to report huge growth in App Store sales Apple’s iPhone sales may be slowing down, but the company’s App Store business could show better-than-expected revenue growth in the company’s September quarter, Morgan Stanley analysts said in a note Friday. Morgan Stanley pointed to new research from app data tracking firm Sensor […]
Apple Inc. (NASDAQ:AAPL) shares have nearly doubled since the end of fiscal 2015 and its forward price-earnings multiple has climbed Stock buybacks have gotten a bad name in many precincts over the past few years, decried as unproductive “financial engineering” that detracts from corporate investment in growth. But Apple’s aggressive use of its copious cash resources to […]
Apple Inc. (NASDAQ:AAPL) will report fiscal third-quarter earnings on Tuesday after the market close Apple (NASDAQ:AAPL) will report fiscal third-quarter earnings on Tuesday after the market close. The maker of iPhones is expected to record $2.09 a share in profit on sales of $53.35 billion, according to analysts’ consensus forecast. The tech giant is struggling […]
Apple Inc. (NASDAQ:AAPL) looks ahead to 5G Apple is paying Intel $1 billion for the chip maker’s smartphone-modem division in a deal driven by the upcoming transition to the next generation of wireless technology. The agreement announced Thursday comes three months after Apple AAPL, -0.79% ended a long-running dispute with one of Intel’s rivals, Qualcomm […]
If you’re sweet on Apple Inc. (NASDAQ:AAPL), now might be the time for a bullish trade Things are starting to look up for the iPhone maker, which reports earnings on July 30. From its reported deal talks with Intel and its suppliers beginning to post strong earnings results, Apple has been on the rise — […]
Apple Inc. (NASDAQ:AAPL) Outpaces Stock Market Gains Apple (AAPL) closed at $208.84 in the latest trading session, marking a +0.78% move from the prior day. This move outpaced the S&P 500’s daily gain of 0.69%. Meanwhile, the Dow gained 0.65%, and the Nasdaq, a tech-heavy index, added 0.58%. Heading into today, shares of the maker […]
There’s ‘low risk’ of Apple Inc. (NASDAQ:AAPL) disappointing with its September forecast Apple Inc. shares are rising in Monday trading after an analyst at Morgan Stanley praised the “attractive” setup heading into the company’s earnings report next Tuesday. Morgan Stanley’s Katy Huberty raised her price target on Apple’s stock AAPL, +2.29% to $247 from $231, […]
Apple Inc. (NASDAQ:AAPL) Checking in with the Bulls The bullish news this week for Apple is the ratings upgrade from Raymond James. Analyst Chris Caso took a forward-looking stance on the stock, basing his upgrade not on this year’s performance but on “the impact of a 5G iPhone product cycle in 2020.” He sees Apple gaining materially […]
Apple Inc. (NASDAQ:AAPL) likely to offer a lower-priced 5G model in 2020 The coming iPhone new product cycle may be a non-event, but rising conviction in a strong 2020 lineup has one analyst feeling bullish about Apple Inc.’s prospects. Raymond James analyst Chris Caso upgraded Apple shares AAPL, +1.14% to outperform from market perform on Thursday, writing of […]
Apple Inc. (NASDAQ:AAPL) posted its lowest GDP growth in nearly three decades Amid reports that Apple (NASDAQ: AAPL) is looking to move 15% to 30% of iPhone production out of China due to President Trump’s ongoing trade war, the company is already starting to shift production of other products out of the Middle Kingdom. While Trump’s tariffs are impacting the […]
Apple Inc. (NASDAQ:AAPL) has recently added new Podcasts Mac app, web interface Apple Inc. plans to fund original podcasts that would be exclusive to its audio service, according to people familiar with the matter, increasing its investment in the industry to keep competitors Spotify and Stitcher at bay. Executives at the company have reached out […]
Apple Inc. (NASDAQ:AAPL) sentiment toward the stock is improving this year Apple (NASDAQ: AAPL) received a vote of confidence on Wednesday when Evercore ISI analyst Amit Daryanani reaffirmed his outperform rating for the technology giant’s shares. While investors should never rely solely on an analyst recommendation for their investment decisions, Daryanani does have an interesting point about […]
Apple Inc. (NASDAQ:AAPL) buybacks could be larger than the current Street estimates Evercore raises its Apple (AAPL +0.5%) price target from $215 to $217. The firm updates its June quarter model to reflect iPhone units that will likely remain muted, a strengthening commodity price tailwind, China-driven Services acceleration starting this quarter, and stabilizing China demand. Evercore […]
Apple Inc. (NASDAQ:AAPL) Simplicity Trumps Everything That’s true even though Steve Jobs is gone. Because he didn’t just create a company culture, he built a consumer culture. Apple was and still is – for the most part – all about one thing: simplicity. Advancements in technology have complicated this mission to a certain degree, but […]
Apple Inc. (NASDAQ:AAPL) Rosenblatt Securities downgraded the iPhone maker’s stock to a “sell” Apple has suddenly become one of the most polarizing stocks on Wall Street. Shares of Apple fell more than 2% Monday after an analyst at Rosenblatt Securities downgraded the iPhone maker’s stock to a “sell. “Three analysts now rate Apple’s shares a […]
Apple Inc. (NASDAQ:AAPL) earnings are expected to fall 4% in the current fiscal year Apple stock advanced 0.8% to 204.41. The iPhone maker is working toward a 215.41 cup-with-handle buy point, but a little further away than Facebook or Amazon stock. Like those two FANGs, Apple’s handle is long enough to be its own base. The RS […]
Apple Inc. (NASDAQ:AAPL) sits at crucial crossroads after June rally Apple shares raced into July. The stock surged 2% on Monday, adding to a nearly 30% advance for the year, after a pause on additional tariffs between the U.S. and China reignited hopes of trade progress. Its rally now faces a major test, says Matt […]
Apple Inc. (NASDAQ:AAPL) Up Next: July Earnings The market is trading sharply higher into the opening bell, despite nearly 18 months of fruitless trade negotiations. However, the relief rally could be short lived because it’s also the first day of the third quarter, which Stock Trader’s Almanac notes is the “most bullish first trading day of all […]
Apple Inc. (NASDAQ:AAPL) top tech stock under pressure Another top tech stock that’s been under pressure since the Sino-U.S. trade hostilities escalated is Apple (NASDAQ:AAPL). In a letter to the U.S. government this month, Apple emphasized the significant risks to its business if Trump imposes 25% tariffs on a new slate of products imported from China. The […]
Apple Inc. (NASDAQ:AAPL) valuation took a notable dip Apple’s valuation took a notable dip in after-hours trading on Thursday after its design chief Jony Ive announced he would be leaving the company. Upon news of Ive’s departure, Apple’s stock dropped about .087% in afterhours trading, as of the time of writing- which doesn’t sound like a […]
Apple Inc. (NASDAQ:AAPL) possible breakout Tech giant Apple Inc. (AAPL) is setting up for a major breakout. The stock that’s known for making the iconic iPhone and iPod devices has been coiling up in a classic wedge formation getting ready for a huge move. This wedge formation has been in the making since last October, […]
Apple Inc. (NASDAQ:AAPL) can save time and increase consumers’ choices by moving production to the U.S. Last week, the Nikkei Asian Review reported that Apple (NASDAQ:AAPL) had asked its contract manufacturers to produce 30% of the iPhone’s components outside of China. The trade war is wreaking havoc on corporate supply chains, which is terrible for AAPL stock. But more importantly, […]
Apple Inc. (NASDAQ:AAPL) looking to display strength as it nears its next earnings release Apple (AAPL) closed at $198.60 in the latest trading session, marking a -0.09% move from the prior day. This change was narrower than the S&P 500’s daily loss of 0.17%. Elsewhere, the Dow gained 0.03%, while the tech-heavy Nasdaq lost 0.32%. […]
Apple Inc. (NASDAQ:AAPL) Playing hardball Apple has reportedly asked each of its largest suppliers to evaluate the costs to shift between 15% and 30% of its production out of China to other countries in Southeast Asia, according to a report by the Nikkei Asian Review. The company made this request to Foxconn, Pegatron, Wistron, and others, as Apple […]
Apple Inc. (NASDAQ:AAPL) Likely to Launch 5G-Supported iPhones Apple AAPL is most likely to bring 5G to iPhones in 2020, per a latest report by analyst Ming-Cho Kuo, cited by TechCrunch and MacRumors. The latest report from this acclaimed analyst further supports rumors of Apple’s iPhone line-up missing out on 5G this year. The analyst believes […]
JPMorgan Cuts Apple Inc. (NASDAQ:AAPL) Shipment Estimates By 4% Chatterjee cut his iPhone shipment estimates by 4% to 139.5 million units for the second to fourth calendar quarters. “The worsening macro environment and its likely impact on consumer spending globally are driving us to trim our iPhone shipment estimates, which in effect modestly lowers the […]
Apple Inc. (NASDAQ:AAPL) could move iPhone production from China Earlier this week, Apple’s biggest manufacturing contractor said that it could move iPhone production from China so that Apple could avoid any additional import tariffs imposed by the Trump Administration. The problem is that actually making the move may be too complicated and expensive for Apple. […]
Apple Inc. (NASDAQ:AAPL) shares have stalled with iPhone sales, but medical breaththroughs using the Watch are coming If you took good advice and have just held Apple (NASDAQ:AAPL) stock, say for five years, your patience has been rewarded. AAPL stock has more than doubled the gain in the S&P average, rising 109%, and delivered a […]
Apple Inc. (NASDAQ:AAPL) accused of price-fixing It was not a surprise when Apple was sued last week by app developers who believe there should be more competition in the App Store. That’s because Apple has been accused of price-fixing or monopolistic abuse before, once regarding their control of e-book prices in the iBookStore developed for iPad, and […]
Evercore ISI initiating Apple Inc. (NASDAQ:AAPL) as ‘outperform’ Evercore said that despite the various issues swirling around the company, it expects the stock to “grind higher.” “We are initiating on AAPL w/ an Outperform rating as we see several catalysts that should enable the stock to grind higher from current levels. While we understand iPhone units (and […]
Apple Inc. (NASDAQ:AAPL) Outpaces Stock Market Gains Apple (AAPL) closed at $182.54 in the latest trading session, marking a +1.61% move from the prior day. The stock outpaced the S&P 500’s daily gain of 0.82%. At the same time, the Dow added 0.82%, and the tech-heavy Nasdaq gained 0.64%. Prior to today’s trading, shares of […]
Apple Inc. (NASDAQ:AAPL) on stage at WWDC 2019 On stage at WWDC 2019 on Monday afternoon, Apple’s vice president of hardware engineering, John Ternus, had just re-appeared in front of the audience. For the past 20 minutes, various Apple executives had taken the stage to show off the new features of the Mac Pro, Apple’s […]
Apple Inc. (NASDAQ:AAPL) U.S. Dept of Justice was given jurisdiction to include the iPhone maker as part of broader antitrust probe Shares of Apple Inc were down nearly 3% in afternoon trading on Mon following a Reuters report that the U.S. Dept of Justice was given jurisdiction to include the iPhone maker as part of […]
Apple Inc. (NASDAQ:AAPL) CEO Tim Cook delivers the keynote address during Apple WWDC on June 8, 2015 in San Francisco Apple is expected to launch the latest version of iOS, its software for the iPhone and iPad, on Monday at its annual Worldwide Developers Conference, or WWDC. The company has launched a new version of […]
Apple Inc. (NASDAQ:AAPL) stock is solid for the long term, its vulnerability to the U.S.-China trade war could harm the overall stock market Morgan Stanley analyst Katy Huberty delivered mixed messages regarding Apple’s stock this week. With Apple’s stock closing at $178 on Thursday, she downgraded the price target from $240 to $231. She did not change her revenue […]
Apple Inc. (NASDAQ:AAPL) is being rattled to the core Apple is being rattled to the core. Shares of the tech giant fell Tuesday and were 1% lower at $176.51 in Wednesday’s premarket after Citi slashed its price target on the stock to $205, based on concerns over what the trade war will mean for iPhone sales […]
Citi cut its Apple Inc. (NASDAQ:AAPL) price target and lowered its iPhone sales estimates due to US-China trade risk Wall Street’s warnings about Apple’s business in China are growing louder. The technology giant’s iPhone sales could get cut in half during the second part of this year as a direct result of the escalated trade tensions […]
Apple Inc. (NASDAQ:AAPL) slowing iPhone sales and rising trade tensions is going to batter Apple in the near-term Apple’s growth prospects will continue to suffer from slowing iPhone sales and rising trade tensions between the US and China, according to a new report from UBS. However, over the long-term, prospects for the company will remain […]
An all-out ban on Apple Inc. (NASDAQ:AAPL) products in China could wipe out almost 30% of Apple’s profits Apple’s profits would plunge by almost 30% if China enacts a total ban on the company’s products, according to Goldman Sachs. The dollar amount would be a reduction in net income by over $US15 billion annually. According […]
Apple Inc. (NASDAQ:AAPL) innovation outlook a concern for investors? Since peaking at a year-high in early May, Appleshares have shed close to 14 percent of those gains – largely because of renewed U.S.-China trade tensions. On Monday, shares of the iPhone-maker closed at $183.09, far from the 2019 high of $211.75, after HSBC released a […]
Trade tensions could prompt Chinese consumers to shift toward local smartphone brands — whether or not Apple Inc. (NASDAQ:AAPL) is forced to raise prices Apple Inc. shares are falling in Monday morning trading after HSBC warned that the smartphone giant’s issues in China aren’t going away “anytime soon.” HSBC analyst Erwan Rambourg cut his target […]
Apple Inc. (NASDAQ:AAPL) could eat the cost and leave iPhone prices untouched For more than a year, Apple Inc. avoided major damage from the U.S. trade war with China, thanks in part to a White House charm offensive by Chief Executive Officer Tim Cook. But the company now faces its first major hit — from […]
The rally in Apple Inc. (NASDAQ:AAPL) stock has faded, and rising risks should add to the pressure The case against Apple (NASDAQ:AAPL) is reasonably simple. Yes, Apple stock looks reasonably cheap. But given that earnings are potentially at a peak, AAPL shares shouldbe cheap. Not only that, it can still get even cheaper. It’s a case I’ve […]
Apple Inc. (NASDAQ:AAPL) Trade War Impact? Apple is currently safe from President Donald Trump and his administration’s decision to increase tariffs on $200 billion worth of Chinese products. Trump last Friday officially increased tariffs to 25% from 10% as the world’s two largest economies try to navigate toward a trade war resolution. Since then, the […]
Apple Inc. (NASDAQ:AAPL) paid investors $363 billion to continue holding the stock Apple shares have outperformed the stock market this year, riding up 27% year-to-date vs. 15% for the S&P 500 index*. That is counterintuitive because, frankly, Apple is struggling. iPhone sales declined -17% year-on-year in the last quarter, despite the introduction of new, higher-priced […]
Apple Inc. (NASDAQ:AAPL) Can shares keep outperforming while trading at the high point of their five-year historical high? Despite concerns earlier in the year about iPhone demand, Apple Inc. shares have rebounded nicely — so nicely, in fact, that the stock is now “as expensive as ever.” That’s according to Bernstein analyst Toni Sacconaghi, who […]
Apple Inc. (NASDAQ:AAPL) set to be final FAANG stock to flash ‘golden cross’ chart pattern Apple Inc.’s stock AAPL, -2.70% slipped 0.7% in premarket trade Tuesday, but the technology giant’s stock chart is on track to flash a “golden cross” technical pattern, to join the rest of the FAANG stocks and major stock market indexes […]
Apple Inc. (NASDAQ:AAPL) Stock’s Services Revenue Growth Is Slowing As Apple stock jumped amid the increase in the company’s dividend and share buybacks, and Tim Cook’s celebration of record Services revenue, the deceleration in the growth of Apple’s Services business seemed to have been totally overlooked. Nonetheless, Services revenue increased 16% year-over-year last quarter, down […]
Apple Inc. (NASDAQ:AAPL) reported a solid quarter with the company delivering above expectations on revenue Apple (AAPL) reported a surprisingly solid quarter with the company delivering above expectations on both revenue and dil. EPS. Specifically, the tech giant reported revenue of $58.015 billion and dil. EPS of $2.46, beating to consensus estimates of $57.37 billion […]
Apple Inc. (NASDAQ:AAPL) reports earnings Tuesday after the bell When Apple reports second-quarter earnings Tuesday after the bell, sales will be down from the same time last year. That’s according to Apple’s own guidance. Apple has been pummeled in the headlines all year. On January 2, Apple said that its critical holiday quarter revenue would […]
Apple Inc. (NASDAQ:AAPL) analysts have turned modestly more positive ahead of the company’s earnings next week Apple Inc. analysts have turned modestly more positive ahead of the company’s earnings next week, but they don’t seem too happy about it. At least four firms have raised their price targets on the stock over the past two […]
Apple Inc. (NASDAQ:AAPL) seems to be bucking the bears The stock has been trading well above Wall Street’s average price target of $197.7, settling at $207 on Tuesday after gaining more than 1%. Still, Wall Street analysts are the most bearish they have been on the stock in years, with 16 buy ratings, 14 hold […]
The headwinds facing Apple Inc. (NASDAQ:AAPL) stock will come back into focus after AAPL reports its Q2 results Apple (NASDAQ:AAPL) stock has rallied over the past month on irrational exuberance about the company’s upcoming streaming offering. The exuberance is irrational because, as I explained in a previous column, there are many reasons why Apple’s streaming offering is […]
Apple Inc. (NASDAQ:AAPL) still has a hardware problem but investors don’t seem to care For a brief time late last year, it looked like the market was coming around to my long-held skepticism toward Apple (NASDAQ:AAPL). The shares fell sharply in the last three months of 2018. At the lows, AAPL stock had lost over one-third […]
Apple Inc. (NASDAQ:AAPL) and mobile chip maker Qualcomm have settled a bitter financial dispute Apple and mobile chip maker Qualcomm have settled a bitter financial dispute centered on some of the technology that enables iPhones to connect to the internet. News of the surprise truce Tuesday sent Qualcomm stock soaring more than 23 percent, to […]
Apple Inc. (NASDAQ:AAPL) is reportedly willing to spend $US500 million or more on Apple Arcade Apple may be willing to spend more than half a billion dollars to secure a successful launch for Apple Arcade, its upcoming video game subscription service, according to a new report from the Financial Times. Apple Arcade was unveiled last […]
Apple Inc. (NASDAQ:AAPL) Spends US$2.5 Billion in Environmental Initiatives Apple today announced it has nearly doubled the number of suppliers that have committed to run their Apple production on 100 per cent clean energy, bringing the total number to 44. Because of this partnership between Apple and its suppliers, Apple will exceed its goal of […]
Apple Inc. (NASDAQ:AAPL) next premium iPhone will reportedly have three cameras The high-end iPhone Apple is expected to release this fall will be the company’s first smartphone to come with three cameras instead of two, according to reports from Bloomberg and The Wall Street Journal. These reports indicate that only the most expensive, largest new iPhone – presumably […]
Health care could bring in over $15 billion for Apple Inc. (NASDAQ:AAPL) by 2021 and up to $313 billion by 2027 Apple’s opportunity in health care is so large with the Apple Watch that the company should soon generate tens of billions of dollars a year in annual revenue from wearables and health services, according […]
Apple Inc. (NASDAQ:AAPL) Hardware Sales Are Reaching Limits On various occasions, I’ve suggested that Apple has been an anomaly in that it can make serious money on hardware. In general, tech companies that make big profits in hardware tend to lose strength quickly. It’s simply too easy for competitors to make similar products at lower […]
Apple Inc. (NASDAQ:AAPL) will increase its dividend by a double-digit percentage rate later this month There’s a good chance Apple will increase its dividend by a double-digit percentage rate later this month. Since Apple initiated its dividend in fiscal 2012, the payout has seen strong growth. The quarterly dividend has increased from a split-adjusted $0.38 […]
Apple Inc. (NASDAQ:AAPL) news subscription service, Apple News+, had 200,000 sign-ups for a free trial in the first 48 hours it was available Apple’s new subscription service for news and magazines, Apple News+, had more than 200,000 people subscribe to a free one-month trial in the first 48 hours it was available, according to The […]
Apple Inc. (NASDAQ:AAPL) revenue and Apple stock remain tied to the iPhone We are now at the halfway point between last year’s iPhone event and the announcement of the 2019 iPhones, which is expected in mid-September. And we’re already beginning to see details emerge about the 2020 iPhones … Apple (NASDAQ: AAPL ) may be […]
Apple Inc. (NASDAQ:AAPL) Q2 Earnings, iPhone Sales & Services Growth Shares of Apple AAPL have climbed over 20% this year, along with FAANG peers Netflix NFLX and Facebook FB , to outpace the S&P 500’s 13% jump. Apple and CEO Tim Cook hope that new Services like Apple TV+ will propel long-term growth for the tech titan. But despite its new […]
Apple Inc. (NASDAQ:AAPL) new gaming service will run more than 100 games across iOS, macOS, and tvOS devices Apple (NASDAQ:AAPL) recently introduced Apple Arcade, a subscription gaming service that will arrive this fall. The platform will feature a library of over 100 games, including exclusive titles from SimCity creator Will Wright and Final Fantasy creator Hironobu Sakaguchi. It will be available in […]
Warren Buffett skeptical of Apple Inc. (NASDAQ:AAPL) recent push into streaming video content Berkshire Hathaway Chairman Warren Buffett sounded skeptical of Apple’s recent push into the streaming TV business during a talk Thursday at The Gatehouse’s Hands Up for Success luncheon. “I’d love to see them succeed, but that’s a company that can afford a […]
Apple Inc. (NASDAQ:AAPL) Event Missed Near Term Expectations Broadly speaking, Wall Street expected more out of Apple’s big event. Specifically, analysts and investors wanted more details and tangible information with respect to Apple’s Services road-map, and wanted new products to launch soon. Why? Because they wanted to point to reasons why Apple will top estimates […]
Apple Inc. (NASDAQ:AAPL) Judge recommends partial iphone ban Judge McNamara reportedly found that the company infringed on Qualcomm patents, and it remains unclear whether the recommendation of the judge will be materialized in the near-term, as it has to be approved by the commission. The statement issued by Judge McNamara to the United States International Trade Commission […]
Apple Inc. (NASDAQ:AAPL) stock could get a serious lift from its Services business It will be a very interesting next few years for Apple (NASDAQ:AAPL) as the company continues to pivot its business model. We’ve seen a more than 40% haircut in Apple stock from its fourth-quarter highs to its lows. That’s an extreme fluctuation for any […]
Apple Inc. (NASDAQ:AAPL) anticipated to unveil two new offerings This week, Apple (AAPL) is expected to continue its campaign to try and convince investors that its future is in services rather than hardware. The tech giant is widely anticipated to unveil two new offerings at its Monday special event: a video streaming service and news […]
Apple Inc. (NASDAQ:AAPL) stock surpasses its 200 day moving average This was the first time Apple shares surpassed the 200-day moving average since Nov. 16 on an intraday trading basis. Apple’s stock is up more than 23 percent this quarter, on pace for its best quarter of trading since the first quarter of 2017. Additionally, […]
Apple Inc. (NASDAQ:AAPL) stock is finally a short after its monster rally in 2019 Apple (NASDAQ:AAPL) stock finally showed some weakness Tuesday after its double-digit move higher off of its January low. Beginning the year with a thud, AAPL stock has now tacked on more than 40 points! While, certainly, Apple’s rally was warranted, considering its […]
Forget streaming full games, Apple Inc. (NASDAQ:AAPL) wants to curate highlights as they’re happening If Apple Inc. gets its way, you might never miss a sports highlight again. According to a report published Tuesday by Sports Illustrated, the tech giant has a team of a dozen workers constantly watching a variety of sports — in […]
Apple Inc. (NASDAQ:AAPL) decline fueled by slowing iPhone sales Apple suffered one of the hardest hits among the FAANG grouping, dropping 38% from its peak last October to a low of $141 just after the new year. The decline was fueled by slowing iPhone sales, the ongoing contraction in Chinese consumer demand, and concerns over […]
Apple Inc. (NASDAQ:AAPL) firm says the iPhone business remains a strong driver for the stock Add Cowen to a list of Apple bulls as analysts there see the steady iPhone business driving the stock another 20 percent higher. Cowen initiated coverage on Apple with an outperform rating and $220 12-month price target. The firm said the iPhone […]
Investors are falling for Apple Inc. (NASDAQ:AAPL) again Shares of the tech giant were slightly higher in Tuesday’s premarket, a day after soaring more than 3 percent on Bank of America’s upgrade of the stock to buy. Analyst Wamsi Mohan said the recent “pullback presents opportunity” to buy the stock, citing factors like “modest re-acceleration […]
Apple Inc. (NASDAQ:AAPL) might be a good time for investors to consider buying Shares of Apple AAPL jumped over 3% Monday after Bank of America BAC upgraded the iPhone giant’s stock. The climb helps continue Apple’s 2019 positivity, which means now might be a good time for investors to consider buying Apple stock on the […]
Promises of innovation won’t necessarily convince consumers or boost Apple Inc. (NASDAQ:AAPL) stock Apple (NASDAQ:AAPL) CEO Tim Cook certainly used all the right buzz words and enthusiasm-stoking terms at the company’s annual meeting in early March, hoping to convince the owners of Apple stock that the future would be brighter than the recent past has felt. […]
Apple Inc. (NASDAQ:AAPL) Target $185 Apple had a roller coaster year in 2018. In late summer, the company broke above $1 trillion in total market cap, making it the first publicly traded company to reach that milestone. The stock climbed above $225 per share in September, and reached an all-time high of $230 in October, […]
Apple Inc. (NASDAQ:AAPL) could ride a wave of optimism heading into that summit After months of negotiation, the U.S. is reportedly close to entering a trade agreement with China, a deal that could be sealed at a summit between President Donald Trump and Chinese President Xi Jinping at the end of the month. Tech stocks […]
Declining Sales and Revenues have woken Apple Inc. (NASDAQ:AAPL) Lagging sales in China, as well as the impact of the tariffs that were caused by U.S.-China trade tensions, have come to haunt the company in more ways than one, as explained in a letter by CEO Tim Cook. Without a doubt, the company could see even fewer […]
Speculators can potentially buy Apple Inc. (NASDAQ:AAPL) to profit from a trade-war resolution, but Apple stock still faces longer-term risks For over a decade, Apple’s iPhone dominated the smartphone space, naturally causing AAPL stock price to spike. At the time, no one cared that the iPhone represented the lion’s share of the company’s global revenue. […]
Apple Inc. (NASDAQ:AAPL) Stock Price and the Credit Card Business Apple had a terrible fiscal first quarter due to weak China demand. That was largely due to the sky-high prices on the latest iPhones, though CEO Tim Cook also signaled trade tensions. Apple stock crashed Jan. 3 after the company’s Q1 warning. Shares have recovered […]
Apple Inc. (NASDAQ:AAPL) iPhone Production Shifts To Older Models Apple has increased production of the year-old iPhone 8 and two-year-old iPhone 7 in the current quarter by a combined 5 million units. Meanwhile, it is lowering its production of current-generation models by the same amount, Arcuri said. Apple’s 12th-generation iPhones are its most expensive smartphones […]
Apple Inc. (NASDAQ:AAPL) supplier sees stock plunge after profit warning Apple supplier AAC Technologies saw its shares drop 13 per cent after the acoustic component maker said it expected first quarter net profit to fall as much as 75 percent due to reduced orders. AAC Technologies was one of many Apple-dependent suppliers who has been […]
Apple Inc. (NASDAQ:AAPL) stock will be a long-term winner even if iPhone sales don’t increase Late 2018 was a rough time for Apple (NASDAQ:AAPL) and for Apple stock. AAPL struggled to sell iPhones, and, as a result, failed to live up to the expectations of investors and analysts. Many downgrades of Apple stock followed, as analysts’ estimates […]
Cash, valuation, and innovation position Apple Inc. (NASDAQ:AAPL) stock to resume its climb After last year’s slump, Apple (NASDAQ:AAPL) appears ready to move on from the iPhone. The product launched the lucrative smartphone market and took the market cap of AAPL stock briefly above $1 trillion. Now, falling prices have forced the company to grow without the […]
Apple Inc. (NASDAQ:AAPL) needs to make a big push into content Apple needs to make a big push into content – and in doing so, it should make a significant acquisition, noted analyst Dan Ives told CNBC on Thursday. “Right now it’s all about services and the installed base,” he said, referring to the number of […]
Weak Apple Inc. (NASDAQ:AAPL) iPhone demand appears to be the primary driver of the company’s difficulties Weak iPhone demand appears to be the primary driver of the company’s difficulties. Revenue from the product declined 15% year-over-year in Q1, per the company’s 10-Q filing. The reduction of the company’s guidance ahead of its December quarter results sent AAPL […]
Apple Inc. (NASDAQ:AAPL) Is An iPhone Business I have written on this specific issue in the past. No matter how you spin it, Apple’s (NASDAQ:AAPL) business is built off the iPhone. 59% of their total revenue came from the iPhone. Sales of the iPhone dictate the trajectory of the business. We can talk all day […]
Apple Inc. (NASDAQ:AAPL) is Still the Biggest Holding in Buffett’s Portfolio Berkshire spent the last half of the year snapping up more shares of banks and insurers, moves that made the company a major shareholder in four of the five largest U.S. banks. The Omaha, Nebraska-based conglomerate boosted its stake in JPMorgan Chase & Co. and Bank […]
Apple Inc. (NASDAQ:AAPL) stock is pacing for a sixth straight weekly win The shares of Apple Inc. (NASDAQ:AAPL) are modestly higher in early trading, even after a Securities and Exchange Commission (SEC) filing revealed Warren Buffett’s Berkshire Hathaway (BRK.A) trimmed its stake in the tech giant by 1.1% to 249.6 million shares in the fourth quarter, though […]
Warren Buffett’s Berkshire Hathaway Inc shrank its Apple Inc. (NASDAQ:AAPL) stake to 249.6 million shares from 252.5 million shares in the fourth quarter Prominent hedge fund managers sold out of Chinese technology stocks and dumped Silicon Valley majors such as Apple Inc and Facebook Inc while global stock markets cratered during the fourth quarter, according […]
Apple Inc. (NASDAQ:AAPL) has been ramping up its research and development spending in order to gain a competitive advantage against its rivals In its quarter that ended in December, Apple’s spending on R&D surged 14.5% year-over-year to $3.902 billion. R&D as a percent of revenue reached 5.63%, up from 2.1% in 2012. The continuous growth […]
Apple Inc. (NASDAQ:AAPL) Weak Demand in China for iPhones Apple Inc. was little changed on Monday as investors looked past a report its smartphone shipments plummeted in China in the final quarter of 2018, suggesting that issue, a major headwind over the past several months, is priced into the stock for now. The stock briefly dipped as […]
Apple Inc. (NASDAQ:AAPL) iPhone business is experiencing some turbulence Apple‘s (NASDAQ:AAPL) iPhone business is experiencing some turbulence from a number of factors, including lengthening smartphone upgrade cycles, trade tensions between the U.S. and China, and the company’s temporary low-cost iPhone battery-replacement program. Now, according to a new report from Bloomberg, Apple has apparently “asked retail employees to promote new […]
