Hardware & electrical equipment
Apple continues descent after mixed update
Investors were spooked by supply chain issues, while sales missed market expectations despite setting new records across the board
Company
Apple Inc
NASDAQ:AAPL
Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories and sells a variety of related services. The company's product categories include iPhone, Mac, iPad and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS and tvOS. Apple's services include advertising, AppleCare, cloud services, digital content and payment services.
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Hardware & electrical equipment
Apple Inc ‘very likely’ to face lawsuit – report
The US Department of Justice has made actions that have seemingly sped up the investigation
Hardware & electrical equipment
Apple's iPhone sales to be affected by chip shortages predicts JP Morgan
JPM expects iPhone revenue of $63bn for the first quarter of fiscal 2022
Hardware & electrical equipment
Apple expected to unveil more powerful Mac - report
The new MacBook Pro models are expected to feature a more powerful generation of the company's in-house-designed chip, Reuters reported
Apple Pay "express transit" vulnerability still not fixed, researchers claim
The weakness lies in the ApplePay and Visa systems working together and does not affect other combinations, such as Mastercard in iPhones, or Visa on Samsung Pay.
Apple co-founder launches space company with mission to be confirmed
More details will apparently be shares at a conference later on Thursday
Hardware & electrical equipment
Mobile games sector unlikely winner after lose-lose Apple vs Epic ruling
Mobile game makers, in particular, may benefit from improved margins, if customers make payments on other platforms.
Apple in another climbdown as Japanese regulator puts its foot down over reader apps
Apple said it would apply the change globally to all reader apps in its massively lucrative Apps store.
Hardware & electrical equipment
Apple targets rising interest in classical music with Primephonic buy
The iPhone maker said it would launch an upgraded dedicated classical music streaming app next year
Hardware & electrical equipment
US stocks close sharply higher as Powell talks down tapering
At the session’s end, the Dow gained 0.7% to 35,455, while the S&P 500 rose 0.9% to 4,509 and the tech-heavy Nasdaq climbed 1.2% to 15,130.
Hardware & electrical equipment
Apple boss Tim Cook trousers hundreds of millions after latest share award
The Apple share price has risen from around US$13.30 (adjusted) to around US$147 in the 10 years Cook has been in charge of the company
Demand for Apple’s iPhone 13 looking strong, says broker
The launch of the iPhone 13 is expected to benefit from a post-pandemic reopening environment
Apple, Google and Microsoft all upgraded after bumper earnings
All three underlined their strength and market dominance said brokers
Hardware & electrical equipment
Apple delivers best-ever third quarter as iPhone sales soar
Sales of the tech giant's iconic smartphone surged 49.8% to US$39.6bn during the quarter, while its key services arm also jumped 32.9% to US$17.5bn
Plenty riding on Apple, Microsoft and Alphabet earnings on Tuesday
The trio are worth a combined US$6.5 trillion and, combined with Amazon, represent around 20% of the entire weight of the S&P 500
Hardware & electrical equipment
Apple: Analysts eyeball US$3 trillion as they await Q2 earnings
Apple releases its second-quarter earnings on Tuesday.
Hardware & electrical equipment
Apple gets earnings estimates, price target hike by Canaccord Genuity ahead of tech giant's third-quarter earnings
Based on the increased iPhone estimates and expectations for strong growth trends continuing across all product lines, the Canaccord analysts increased their third-quarter 2021 EPS estimate for Apple to $1.03 from $0.94
Archive
US stocks close higher, recouping last week's losses
Fears over an increasingly hawkish Fed appear to have been eased today, said IG analyst Mahony
Rainbow rewards: LGBT+ inclusive firms outperform global equities overall
A report from Credit Suisse reported that its list of LGBT+ inclusive firms had outperformed that MSCI ACWI global equities benchmark by 432 basis points per year since 2010
Hardware & electrical equipment
Apple said to be developing wireless charging version of the iPad Pro
Apple was very, very late to the wireless charging party but seems now to be getting the hang of it.