Major indexes fell at the open on Tuesday after Walmart’s profit warning heightened fears in the face of decades-high inflation …
Tag: Apple
Tech antitrust bill seeks to regulate Big Tech, change the Internet
U.S. lawmakers are eyeing votes prior to the midterm elections in November on antitrust legislation (named by supporters…
U.S. dollar falls for third straight session as Fed’s next interest hike looms
The U.S. dollar was lower against a basket of major currencies on Monday, as investors weighed the implications of a rate hike…
Apple, Koss settle wireless-headphone patent legal fight
Apple and headphone maker Koss have agreed to a deal over patents the day before the case was set to go to trial…
Apple, other Big Tech earnings poised to determine the direction of the market
Apple, and other “Big Tech” names Amazon, Alphabet (Google), Meta (Facebook), and Microsoft will all report earnings this week in a crucial…
Giant asset manager buys up Apple, Nvidia, Corning, and Pfizer stock
The investment arm of one of the world’s biggest insurers just made major additions to its U.S.-traded investments. Purchasing Apple stock…
Apple offers rare iPhone promo with 4 days of discounts in China
Apple on Monday announced a rare retail promotion in China on Monday, offering four days of discounts on its premium iPhones and related…
Apple’s next-gen CarPlay could be a trojan horse into the automotive industry
Apple in June revealed the next generation of CarPlay, which has fundamentally changed the way people interact with their vehicles…
Apple and Big Tech earnings or the Fed: What matters more next week?
Rising interest rates have been a main focus for investors since early this year, when the Fed began trying to catch up to U.S. inflation…
Why Warren Buffett loves Apple so much
Warren Buffett loves owning Apple stock, which is, by far, the biggest position in Berkshire Hathaway’s portfolio…
Apple settles lawsuit against Chicago over city’s streaming services tax
Apple and Chicago have come to terms on a settlement deal to drop the company’s lawsuit challenging the city’s controversial tax on…
Apple CEO Tim Cook personally lobbying U.S. Congress to stop antitrust bills
Apple CEO Tim Cook is reportedly personally lobbying U.S. Congressmen and women in an effort to stop antitrust bills targeting Apple…
EU reportedly likely to beef up Apple probe with new ‘evidence,’ but no new charges
EU antitrust regulators are set to bolster their investigation into Apple, triggered by Spotify, with additional “evidence,” but not new…
UBS: Apple’s June iPhone shipments in China up 227% year-over-year
According to UBS analysts’ estimates, Apple’s June iPhone shipments in China are up a whopping 227% year-over-year…
Apple’s iPhone sales in China surged in June
Apple’s iPhone sales surged in June in China, leading a rebound in the smartphone market after the Chinese Communist Party’s quixotic…
How Apple products are helping to advance personal health, research, and care
Today Apple shared a new report that offers a snapshot of the ways Apple products are empowering people to be at the center of their health …
Facing stalemate, backers of U.S. big tech antitrust bill push for vote
Facing a potential stalemate, U.S. lawmakers House Judiciary Committee Chairman Jerrold Nadler (D., N.Y.), Rep. David Cicilline (D., R.I.)…
Acclaimed Apple TV+ comedy ‘Trying’ returns for Season 3 on July 22nd
After a dramatic end to season two, the third season of Apple TV+’s acclaimed comedy “Trying” picks up with Nikki and Jason waking up…
Affinity Credit Union lawsuit accuses Apple of antitrust violations over Apple Pay
Apple on Monday was hit with a lawsuit in a proposed class action by payment card issuers accusing the company of abusing its Apple Pay …
Apple reportedly plans to slow hiring, spending growth next year as recession looms
Apple plans to slow hiring and spending growth next year in some divisions to cope with a looming recession…
Apple urges federal court to throw out App Store injunction in Epic case
Apple on Friday asked a U.S. federal court to toss an injunction that would allow developers to bypass Apple’s App Store payment…
Apple reportedly the ‘most likely’ winner of NFL Sunday Ticket rights at $3 billion per year
Apple is seen as the “most likely” winner of the rights to NFL Sunday Ticket, with the price tag costing of some $3 billion per year…
Apple could build a $20 billion advertising business by 2026 – analyst
Bank of America analysts are the latest on Wall Street to suggest the Apple could earn billions from advertising in Maps and Apple TV+ …
Apple TV+ announces August ‘Friday Night Baseball’ doubleheader schedule
Apple and Major League Baseball (MLB) today announced the August 2022 “Friday Night Baseball” schedule. Scheduled games continue to…
Citi gives five reasons to buy Apple stock
“Despite macro woes, we continue to see several positive drivers for Apple’s products/services,” Citi analyst Jim Suva writes in a…
Apple ends design consulting agreement with Jony Ive
In late June 2019, Apple announced that Jony Ive, Apple’s then chief design officer, would officially depart the company as an employee…
Gartner: Apple’s U.S. Mac shipments grew 19.5% year-over-year in Q2
Apple’s worldwide Mac shipments grew 9.3% year over year in Q2 and U.S. Mac shipments grew 19.5% over the same time period…
Russia fines Apple 2 million roubles over alleged data storage violation
A Moscow court fined Apple 2 million roubles (US$33,900) on Tuesday for allegedly refusing to store the data of Russian citizens in Russia …
BofA: Apple’s lowering of trade-in prices implies ‘strong demand’
Apple’s lowering of trade-in prices for Macs, iPhones, iPads, and Apple Watches earlier this month, a move that implies strong demand …
Prepare for the strong U.S. dollar hit on big tech, S&P 500 earnings
The strong U.S. dollar will take a toll on big tech ad S&P 500 earnings is this quarter. Tech companies generate the biggest percentage…
Apple employees to compete in annual ‘Close Your Rings Challenge’
Apple employees this month will compete in Apple’s annual “Close Your Rings Challenge,” meant to inspire employees to get up, move…
NFL will select new Sunday Ticket partner by fall, commish says
National Football League Commissioner Roger Goodell told CNBC that the NFL will select a new Sunday Ticket partner by the fall. Apple…
5-Star analyst reiterates ‘Buy’ rating on Apple with $210 price target
Tigress Financial 5-star analyst Ivan Feinseth has reiterated his “Buy” rating on Apple shares and maintained his $210 price target on AAPL…
Apple’s M2 MacBook Air shipping dates slip immediately after preorders begin
Just minutes after Apple began accepting preorders for the new M2 MacBook Air, shipping dates slipped from the initial July 15th to…
Apple supplier TSMC’s sales surge 44%
Apple supplier Taiwan Semiconductor Manufacturing Co. (TSMC) reported better-than-expected quarterly revenue, posting NT$534.1 billion…
EU antitrust regulators to probe Apple, Google, Amazon, and others over 4K video codec licensing policy
The European Commission said on Thursday that EU antitrust regulators are investigating the video licensing policy of the Alliance…
Warren Buffett’s secret portfolio has 56.6% of its assets invested in Apple
Warren Buffett and his company Berkshire Hathaway have a “secret portfolio” with $6.3 billion in assets under management. Apple is, by far…
Morgan Stanley: Apple’s App Store revenue growth slowed in June
According to a research note from Morgan Stanley analyst Katy Huberty, growth in Apple’s App Store revenue slowed down in June, potentially…
Apple product lead times hint at stronger than forecast June quarter
In a note to investors, J.P. Morgan analyst Samik Chatterjee analyzes Apple lead times and found them to be low, meaning that the impacts if the…
Fund managers rotate back into big tech to better ride out possible U.S. recession
Some fund managers are being prompted to rotate back into the big tech and growth winners of the last decade in the hope that they can…
Apple’s earnings report could trigger an AAPL rebound
The consensus estimate calls for Apple to post June quarter revenue of $82.4 billion. If Apple hits this, it could trigger a rebound in AAPL …
Wealthy customers, strong margins will help Apple weather rampant inflation, recession better than rivals
In May, the annual inflation rate in the U.S. was 8.6%, the highest level since 1981. Some other major markets for Apple sales are also…
