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 […]
Apple Inc. (NASDAQ:AAPL) is again the most valuable U.S. public company Two months after losing its title as the most valuable U.S. public company, and a month after revealing that iPhone sales were disappointing in the holiday season, Apple Inc. AAPL, +0.03% has regained its throne for highest market capitalization. Apple shares added 6 cents Wednesday after announcing the departure of […]
Apple Inc. (NASDAQ:AAPL) pursuing alternative sources of growth Thanks to concerns about weakening iPhone sales, the Apple stock price shed as much as 39% of its value between early October and the first days of January. And while shares of Apple Inc. (NASDAQ: AAPL) have recovered a bit since (up 20% from about $142 to about $171), the concerns […]
Apple Inc. (NASDAQ:AAPL) boosted the Dow Apple (AAPL), Microsoft (MSFT) and Boeing (BA) boosted the Dow. Apple, up 3%, marked its fourth straight advance since regaining its 50-day moving average on Wednesday. The stock is starting to build the right side of a steep base after a 39% correction. Shares are still 26% below their Oct. 3 high. JPMorgan said in a […]
Apple Inc. (NASDAQ:AAPL) could soar this year if it introduces media bundling Apple has made quite a comeback since it reported better-than-feared earnings, but many investors have little faith that the iPhone-maker can return to a $1 trillion market value with slowing smartphone demand. Morgan Stanley, however, disagrees. In fact, the bank said life beyond iPhone could […]
Apple Inc. (NASDAQ:AAPL) remained aggressive in buying back its stock Apple Inc. remained aggressive in buying back its stock when momentum was strong, and prices held above the $200 mark, but when the going got tough for investors, Apple was nowhere to be found. In a filing with the Securities and Exchange Commission, the technology […]
Apple Inc. (NASDAQ:AAPL) Premarket Rally Apple earnings rose 7% to $4.18 a share, up 7% vs. a year earlier and 1 cent above fiscal Q1 views. Revenue fell to $84.3 billion, narrowly topping lowered estimates. Services revenue climbed 19% to $10.9 billion. Apple sees fiscal Q2 revenue at $55 billion to $59 billion, with the $57 […]
Apple Inc. (NASDAQ:AAPL) A Boring Story This Time Apple Inc .’s AAPL fiscal first-quarter earnings report isn’t exciting investors. The iPhone maker will report after market close on Jan 29, and has already cautioned that its revenues will fall short of estimates. CEO Tim Cook has cited weaker-than-expected iPhone sales and economic deceleration in China as the primary […]
Apple Inc. (NASDAQ:AAPL) set to report results for the holiday season after-the-bell on Tuesday Apple (AAPL) is set to report results for the holiday season after-the-bell on Tuesday, and the bar couldn’t be much lower. The Cupertino, California-based said in a statement January 2 that it expects revenue of $84 billion for the fiscal first quarter of […]
Apple Inc. (NASDAQ:AAPL) makes cuts at autonomous vehicle unit U.S. stock futures were higher this morning after stocks managed to rally before the close Wednesday. That gave the Dow, S&P 500, and Nasdaq their fifth gains in six sessions, and made up for at least part of Tuesday’s losses. Apple (AAPL) cut more than 200 employees from its autonomous […]
Apple Inc. (NASDAQ:AAPL) iPhone sales weakness has continued since the December quarter A Wall Street analyst on Wednesday trimmed his price target on Apple stock amid reports that iPhone sales weakness has continued since the December quarter. D.A. Davidson analyst Tom Forte reiterated his buy rating on Apple (AAPL) but lowered his 12-to-18-month price target to 245 […]
Apple Inc. (NASDAQ:AAPL) goal to turn the iPhone into a digital wallet is gaining steam Apple‘s (AAPL) goal to turn the iPhone into a digital wallet is gaining steam as the company announced Tuesday that Apple Pay is now supported by 65% of all retail locations across the U.S. Customers can use Apple Pay now […]
Apple Inc. (NASDAQ:AAPL) Tim Cook says regulatory action is needed to restore ‘full faith’ in tech Apple Inc. Chief Executive Tim Cook has extended his crusade against companies that misuse user data, calling in a Thursday op-ed written for Time for “comprehensive federal privacy legislation”: ‘Consumers shouldn’t have to tolerate another year of companies irresponsibly amassing huge […]
Apple Inc. (NASDAQ:AAPL) Verizon announced that Beyond Unlimited and Above Unlimited subscribers will get free Apple Music subscriptions Apple (NASDAQ:AAPL) continues to trail Spotify (NYSE:SPOT) as the streaming music services race to add paid subscribers. However, AAPL just got a big boost, at least in the American market. Verizon (NYSE:VZ) announced that an Apple Music subscription will be included for […]
Apple Inc. (NASDAQ:AAPL) need for aggressive iPhone price cuts Shares of Apple Inc. AAPL, -1.50% dropped 1.9% in morning trade Monday, enough to pace the Dow Jones Industrial Average’s DJIA, -0.36% decliners. Wedbush Morgan analyst Dan Ives reiterated his outperform rating and $200 stock price target, which is about 34% above current levels, but said Apple has to “aggressively” cut prices […]
Apple Inc. (NASDAQ:AAPL) wearable devices can give consumers “a bigger role” in their health and preventative care Apple CEO Tim Cook’s vision for health-care services has gotten a stamp of approval from a past chief of the tech giant. John Sculley, who helmed the company from 1983 to 1993, told CNBC on Thursday that Cook […]
Apple Inc. (NASDAQ:AAPL) China sales are dragging on revenue due to the trade war For the first time in 16 years, Apple (AAPL) pre-released guidance on earnings – and it’s not good. In a letter to shareholders, CEO Tim Cook issued lower earnings guidance for the quarter. Revenue was anticipated to be ~$92 billion for the […]
Apple Inc. (NASDAQ:AAPL) analysts are throwing in the towel Apple has become more unloved by Wall Street analysts than at any time in the past 14 years. Wall Street analysts have the lowest percentage of buy ratings on Apple stock since 2005 — at 49 percent, according to FactSet. Another 51 percent are holds. As Apple […]
Apple Inc. (NASDAQ:AAPL) investors fear that Apple’s high-growth days are long behind it Apple (NASDAQ:AAPL) has seen a lot of controversy lately, falling from its former leadership position atop the list of stocks with the highest market capitalizations. With concerns that iPhone sales are starting to struggle, many investors fear that Apple’s high-growth days are long behind […]
Apple Inc. (NASDAQ:AAPL) 2019 Overall, the bias in prices is: Upwards. Note: this chart shows extraordinary price action to the upside. By the way, prices are vulnerable to a correction towards 142.20. The projected upper bound is: 203.84. The projected lower bound is: 111.37. The projected closing price is: 147.61. Candlesticks A big black candle […]
Apple Inc. (NASDAQ:AAPL) best single-day performance in five years Apple (AAPL) had its best single-day performance at the stock market today, seeing a 7.04% rise, the highest in one day since April 2014. The Dow Jones rose over 1,000 points, as the entire market — particularly FAANG stocks — rebounded after a tumultuous few bearish days. Tesla […]
Apple Inc. (NASDAQ:AAPL) became the fifth and final “FAANG” stock to produce a death cross Apple Inc.’s stock AAPL, -2.52% slumped 1.5% in midday trade Thursday, with the chart on track to produce the first bearish “death cross” in over three years. The 50-day moving average fell to $194.04, to cross below the 200-day moving average, which slipped […]
Apple Inc. (NASDAQ:AAPL) weakness in the iPhone supply chain Jefferies became the latest Wall Street firm to lower expectations for Apple’s stock on weakness in the iPhone supply chain. “It could get worse before it gets better,” Jefferies analyst Timothy O’Shea said in a note Wednesday. “It appears that [Wall Street] estimates may still be […]
Apple Inc. (NASDAQ:AAPL) should investors take Apple’s downturn as a chance to buy? Shares of Apple AAPL have tumbled 24% in the last three months as part of the larger market pullback. But investors do have legitimate concerns about Apple going forward as iPhone unit sales slow. Still, the question is should investors take Apple’s […]
Apple Inc. (NASDAQ:AAPL) what’s in store for 2019 With 2018 looking like a lost year for Apple (AAPL) stock, investors are wondering what’s in store for 2019. At least one analyst thinks Apple stock won’t return to favor until late in the year. Loup Ventures managing partner Gene Munster thinks Apple stock will be in […]