|Bid||3,474.30 x 2550000|
|Ask||3,478.02 x 550000|
|Day's Range||3,468.00 - 3,519.90|
|52 Week Range||2,780.00 - 4,499.68|
|Beta (3Y Monthly)||-0.43|
|PE Ratio (TTM)||292.56|
|Forward Dividend & Yield||58.57 (1.54%)|
|1y Target Est||N/A|
The auto industry is rapidly moving toward a future of driverless cars. One of the main arguments in favor of this new technology is that it will make driving safer.
NYU professor Scott Galloway told Yahoo Finance that Tesla will likely be acquired and suggested that Apple is a likely suitor.
Snap’s latest feature to go viral is a reminder of why its social media rivals copy the ephemeral messaging app time and again.
Apple Inc.’s per-share earnings are at risk of a 29% hit if its products are banned in China in retaliation for measures taken by the U.S. government against Huawei Technologies Co., Goldman Sachs said Wednesday.
5G is a faster wireless network, but it's much more than just that -- it will change the way devices connect and talk to one another. Wireless carriers and major tech companies are going all out to plan for it. It's also a factor in the U.S. trade war with China, and a new ban prevents U.S. companies from working with Huawei, even outside of the U.S. where its tech is already banned.
A U.K. consumer watchdog investigated an iPhone update that slowed down the processor speed on older iPhones to make their batteries last longer. Apple has agreed to inform consumers about battery health and the performance impact of its software updates, which it was already doing. Public pressure stemming from the software update forced Apple to provide discounted $29 battery replacements.
Given the “somewhat schizophrenic” behavior of the government, the analyst sees the possibility of winning on appeal, especially due to the recent Apple settlement. Qualcomm said it “strongly disagrees” with U.S. District Judge Lucy Koh’s ruling and will seek an immediate stay and appeal. “We strongly disagree with the judge’s conclusions, her interpretation of the facts and her application of the law,” said Don Rosenberg, executive vice president and general counsel of Qualcomm.
shares are getting hit hard on Wednesday after the US District Court for the Northern District of California ruled in favor of the Federal Trade Commission's anti-competitive case against Qualcomm. Wall Street analysts were making it clear the risks to the stock warrant caution. Shares also tumbled on Monday following news it would stop selling chips to China's Huawei after the White House banned U.S. companies from doing business with the Chinese telecom giant.
shares extended declines Wednesday as investors continue to worry that the tech giant's exposure to China could put its near-term earnings forecasts at risk should trade tensions between Washington and Beijing carry over into the summer months. Goldman Sachs analysts pegged the downside risk to Apple's earnings, based on its China exposure, at around 29%, a figure it said represents "100% of estimated Apple earnings exposure to Mainland China and Hong Kong combined with some offset assumed for Sales & Marketing cost savings." Goldman trimmed its 12-month price target on Apple to $178 from $184 with a forward price-earnings multiple of 14.7 time.
Bernstein Liebhard LLP announced today that approximately three weeks remain to make a motion for lead plaintiff in a class action pending in the United States District Court for the Northern District of California on behalf of all persons or entities (the “Class”) who purchased the common stock of Apple Inc. (“Apple” or the “Company”) (AAPL) during the period between November 2, 2018 and January 2, 2019 (the “Class Period”). The complaint alleges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. If you wish to serve as lead plaintiff in the Apple class action, you must move the court no later than June 17, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
NEW YORK, NY / ACCESSWIRE / May 22, 2019 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have ...
Apple's step shows how increased public scrutiny is forcing greater transparency in Silicon Valley, particularly as its tech rivals Facebook Inc and Alphabet Inc's Google have struggled with data privacy scandals. At a launch event in March, Apple made privacy the core focus as it introduced Apple News+, a news app that it said would not report what users were reading to advertisers, as well as a credit card with Goldman Sachs that it said would not sell user data to marketers. Earlier this month, Google said it will roll out a dashboard-like function in its Chrome browser to offer users more control in fending off tracking cookies, according to the Wall Street Journal.
Qualcomm stock was dropping sharply Wednesday after a U.S. district court ruled in favor of the Federal Trade Commission in its antitrust lawsuit against the chipmaker.
Apple faces a large risk to its annual profits if China decides to retaliate over the U.S. government’s decision to restrict sales to Huawei, according to Goldman Sachs.
The ruling, made public late Tuesday in California, challenges Qualcomm’s business model and could upend the smartphone industry. U.S. District Judge Lucy Koh sided with the Federal Trade Commission in a case brought in 2017 accusing the company of anti-competitive practices. The ruling comes one month after Qualcomm and Apple Inc. struck a settlement in a similar lawsuit brought by the iPhone maker, which agreed to continue paying the licensing fees.
Instead, corporate news takes over the front pages, with solid earnings from Target Corporation (NYSE: TGT) above the fold. Shares of the retailer jumped more than 8% in pre-market trading after TGT delivered a really clean quarter, surpassing the Street’s estimates on earnings per share and same-store sales growth. In fact, the fresh batch of earnings reports this week raises some concerns.
NEW YORK, NY / ACCESSWIRE / May 22, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against the following publicly-traded companies. You can review a copy of the Complaints by visiting the links below or you may contact Peretz Bronstein, Esq. If you suffered a loss, you can request that the Court appoint you as lead plaintiff.
A landmark European privacy law is making waves worldwide a year after it came into force, fundamentally changing the way data are handled as Facebook, Apple and Google face increasingly frequent complaints. Adopted on May 25 last year, the General Data Protection Regulation (GDPR) aims to protect all EU citizens from privacy and data breaches, regardless of which part of the world the data handler is in. The new regulation has forced global companies to reconsider their own rules, inspiring territories from Brazil to China and India to California to develop their own privacy and security regulations based on a de facto GDPR benchmark.
Qualcomm shares dropped in the pre-market following headlines that a federal judge has ruled that Qualcomm violated antitrust law. CNBC's "Squawk on the Street" crew discusses.