U.S. stock index futures declined on Monday after weak economic data from China renewed fears of an economic slowdown in the world’s…
Tag: Apple
AT&T back-to-school deal: Buy an Apple Watch, get an Apple Watch SE for free
AT&T is offering a buy one, get one free deal on an Apple Watch when you sign up for their phone service, in a new back-to-school deal…
Apple rules the S&P 500 with highest weighting for any company in over 40 years
Apple, the world’s largest company by stock market value, at $2.7 trillion, this week accounted for 7.3% of the S&P 500. That’s the highest…
Apple MacBook assembler’s profits halved due to China’s COVID shutdowns
Apple MacBook assembler Quanta Computer said its Shanghai campus recovered from the Chinese Communist Party’s quixotic “zero-COVID”…
Apple orders least 90 million ‘iPhone 14’ units from assemblers
Apple has ordered assemblers to build at least as many of its iPhone 14 models this year as last, banking on an affluent clientele and…
3 reasons to buy Apple stock now
Apple now has an humungous installed base of over 1.8 billion active devices around the globe. Plus, users are increasingly spending more…
Apple marks 40 years in Australia with new environmental commitments
To mark Apple’s 40 years in Australia, the company today announced new initiatives that will help protect the environment and create…
Apple inks deal with Futuro Studios to boost in-house podcasts
Apple has signed a deal with Pulitzer Prize-winning Futuro Studios as it steps up spending on original podcasts …
Apple assembler Foxconn’s Q2 profit up 11.7%
Major Apple assembler Foxconn reported on Wednesday an 11.7% rise in second-quarter net profit, beating market estimates…
Marketers cut back on ad spending after Apple gave users their privacy back
Marketers are cutting back on ad spending due to Apple’s App Tracking Transparency privacy framework that gave users their privacy back…
Apple in talks to acquire streaming rights for Big Ten athletics events, including football and basketball
Both Apple and Amazon are in negotiations for the streaming rights to Big Ten athletic events including football and basketball…
Clock running out on U.S. Congress’ antitrust bill targeting Big Tech
In a setback for supporters in the U.S. House and Senate who had been pushing for a vote before the midterm elections, Congress is set…
Warren Buffett’s Berkshire Hathaway bought 4 million shares of Apple in Q2, bringing its stake to 915 million shares
Warren Buffett’s Berkshire added to its stake in Apple in the second quarter. Berkshire bought about four million shares of Apple…
Gene Munster: Apple’s health and wellness investments will have a big payoff
U.S. health and wellness accounts for 20% of the GDP. Loup Funds’ Gene Munster expects that over the next two decades, Apple, Amazon…
Major Apple supplier TSMC is China’s trump card against U.S. and Taiwan
If strains between China and Taiwan continue to worsen, the Chinese Communist Party has a trump card: threatening to cut off the island’s…
Apple accused of allegedly mishandling sexual misconduct complaints
Apple is under fire for allegedly mishandling sexual misconduct complaints over the span of many years. Financial Times reports on the…
Apple TV+ announces September ‘Friday Night Baseball’ doubleheader schedule
Apple and Major League Baseball (MLB) today announced the September 2022 “Friday Night Baseball” schedule. Scheduled games…
Apple looks to significantly expand its advertising business
Apple looks to be building a demand-side advertising platform based on recent job listings as it builds its focused play for media dollars…
Gene Munster: ‘Apple is, once again, defying gravity’
Loup Funds’ Gene Munster says that Apple is “defying gravity” and “powering through the early stages” of a macroeconomic downturn…
3 bullish comments from Apple CEO Cook and CFO Maestri
Apple CEO Tim Cook and CFO Luca Maestri both offered bullish comments in the earnings call that solidified the Street’s approval…
Apple drops face mask requirements for most of its corporate workers
Apple is dropping its mask mandates for corporate employees at “most locations,” according to an internal email from the COVID-19 response…
Apple backs affirmative action in U.S. Supreme Court case
Apple is among a group of nearly 80 companies filing a brief with the U.S. Supreme Court in support of affirmative action programs…
French app developers sue Apple over App Store fees
Apple was sued on Monday by French app developers that accused the company of violating U.S. antitrust law by overcharging for its App Store …
Apple’s latest debt deal could reach $6.5 billion
Apple, following up record quarterly results tied to robust iPhone sales, rolled out a four-part bond deal on Monday to raise new debt in a…
Apple plans four-part bond sale to fund stock buybacks
Apple is preparing a four-part bond sale to fund stock buybacks and the payment of dividends to investors…
Apple preps iPhone 14, Apple Watch Series 8, and more for September special event
Within just a few weeks, Apple will likely hold its annual September special media event where its expected to release the new iPhone 14…
Apple TV+ lands first News & Documentary Emmy Award nominations
Apple this week was recognized by the News & Documentary Emmy Awards with nominations for celebrated documentaries including…
Apple’s AirPods Pro are superior to Google’s Pixel Buds Pro
Google new AirPods Pro wannabes, the “Pixel Buds Pro,” go on sale Thursday for $199. They are inferior to Apple’s iconic AirPods Pro…
Apple and Amazon’s strength gets bulls buying despite U.S. recession
Apple and Amazon.com reported strong results after the latest Federal Reserve interest rate hike and the U.S. Commerce Department…
Apple June quarter earnings expected to show iPhone sales decline due to CCP shutdowns
Analysts project that Apple’s iPhone sales declined in the company’s June quarter, driven in part by supply shortages and quixotic COVID…
All eyes on Apple as company reports June quarter earnings on Thursday
Apple’s supply chain in China was constrained in the June quarter as the Chinese Communist Party enacted draconian lockdowns in a futile…
Counterpoint sees Apple’s M2 MacBooks as potential bright spot in declining PC market
Global PC shipments fell 11.1% YoY in Q2 2022 to reach 71.2 million units and record the largest YoY decline since Q2 2013, according…
Apple stock surges in July, poised for biggest monthly gain in almost two years
Even as Apple deals with rampant U.S. inflation, waning consumer confidence, a strengthening dollar, and quixotic COVID lockdowns in China…
Apple hires key Lamborghini exec to work on ‘Apple Car’
Apple has hired one of Lamborghini’s top car-development managers in a sign that it’s continuing to work on its “Apple Car” electric vehicle…
What the analysts expect for Apple’s Q322 earning report on Thursday
The Wall Street analysts’ consensus (FactSet) expect Apple to earn $1.16 per share on revenue of $82.8 billion in the company’s fiscal…
Judge likens Apple, Ericsson to unfaithful fiancées in patent case
A Texas federal judge scolded both Apple and Ericsson over their actions ahead of a trial in a 5G patent licensing dispute set for December…
Apple TV+ debuts trailer for Sharon Horgan’s new dark comedy ‘Bad Sisters’
Apple TV+ today unveiled the trailer for its new witty and darkly comedic murder mystery series “Bad Sisters,” the latest comedy from…
U.S. Big Tech antitrust legislation flounders as Schumer expresses doubts
Antitrust legislation aimed at “Big Tech” companies appears stymied after U.S. Senate Majority Leader Chuck Schumer told a group…
Apple buys 67-acre San Diego campus for $445 million
Apple confirmed Tuesday that it has acquired the seven-building Rancho Vista Corporate Center in Rancho Bernardo for $445 million…
First round of Big Tech earnings lift stock futures ahead of Fed rate hike
U.S. stock index futures rose on Wednesday as better-than-feared quarterly reports from Big Tech companies Alphabet and Microsoft lifted…
Bank of America trims Apple price target to $185 over foreign exchange headwinds
Bank of America has trimmed its price target on Apple shares from $200 to $185, citing foreign exchange headwinds…
Apple’s anti-tracking privacy tech has significant impact on digital advertising
Apple’s privacy policy aims to make users of Apple devices more secure and puts users in control of their personal data. This is, naturally…
