170.50 -0.45 (-0.26%)
After hours: 4:54PM EST
|Bid||170.57 x 800|
|Ask||170.57 x 900|
|Day's Range||169.55 - 172.57|
|52 Week Range||150.24 - 233.47|
|Beta (3Y Monthly)||1.13|
|PE Ratio (TTM)||14.35|
|Forward Dividend & Yield||2.92 (1.67%)|
|1y Target Est||N/A|
Qualcomm finally has a win in its legal battle with Apple and it wants to make sure the iPhone maker obeys an order by a Chinese court.
Apple is looking to expand its reach beyond Cupertino, California. Yahoo Finance’s Alexis Christoforous and Scott Gamm break down the details.
iPhone XR and iPhone XS are a good case in point. In a nutshell, whereas reviews for the iPhone XS and XS Max were subdued -- reviewers generally liked the devices, but also stressed that they were just incremental upgrades relative to the iPhone X -- iPhone XR reviews were often much more enthusiastic, with reviewers frequently arguing iPhone buyers should opt for the XR ($749 U.S. starting price) rather than one of its costlier siblings.
The Dow Jones industrial average rose 0.3%, beating the Nasdaq. XPO Logistics fell more than 26% and hit it lowest levels since November 2016.
Apple’s (AAPL) guidance for the holiday quarter disappointed markets and was one factor that contributed to the 28% plunge in its stock since then. Apple now has a market cap of $801 billion and is third behind Microsoft (MSFT) and Amazon (AMZN). Earlier this year, we explained why Apple’s revenue from the iPhone would stagnate during the holiday quarter.
After two days with strong opens and weak finishes many market players were thinking that a flat open might be a good setup for some upside. Many stocks are oversold, sentiment is increasingly bearish and there wasn't any major news to trigger the algorithms.
The Dow Jones Industrial Average rose Thursday as Wall Street expressed optimism over U.S. and China trade talks. said Thursday it would invest $1 billion to build a new campus in Austin, Texas. Stocks traded mixed on Thursday, Dec. 13, as Wall Street monitored trade developments between the U.S. and China, the world's two largest economies.
The major market indexes were lower after giving up early gains. The Dow was holding up best, thanks to several stocks including Procter & Gamble and Apple.
A big move by China helped boost stocks at Thursday open, Ciena soared and Procter & Gamble led the Dow Jones industrial average.
Austin-area leaders react to the impact of Apple's new $1 billion campus in North Austin, and what it means for fast-growing Williamson County.
133 acres would be turned into an office campus for the iPhone maker, with more than a third preserved as green space.
Apple plans to build a $1 billion campus in Austin, Texas, that will create at least 5,000 jobs ranging from engineers to call-center agents while adding more luster to a Southwestern city that has already become a bustling tech hub. The decision, announced Thursday, comes 11 months after Apple CEO Tim Cook disclosed plans to open a major office outside California on the heels of a massive tax cut on overseas profits, which prompted the company to bring about $250 billion back to the U.S. Apple's scattershot expansion reflects the increasing competition for engineers in Silicon Valley, which has long been the world's high-tech capital.
Even on politically-charged Jones Street, there was one thing officials on both sides of the aisle shared Thursday: Disappointment over Apple's pick of Texas over Research Triangle Park for a 9,000-job operation.
Apple’s (NASDAQ:AAPL) legal battle with Qualcomm (NASDAQ:QCOM) has heated up again this week. It’s clear at this point that if the two companies ever reach a settlement, Qualcomm returning to supplying cellular modems for the iPhone is pretty much a non-starter. At the same time, Intel (INTC) is proving to be a less than ideal substitute.
Apple's subscription services strategy will work because it is not dependent on new unit sales, Macquarie Group analyst Ben Schachter says. "If someone has an older iPhone, they can still access the services," he says. Macquarie cut its 12-month price target from $222 to $188 because growth in the services business could slow in the near term, he says.
Investors have had to digest a lot in the past 12 months. While 2017 saw continued bull-market exuberance, the emotional trend of 2018 seems to be one of trepidation about more challenging times ahead. There are few signs that the tech sector sell-off is easing.
In a complete rebuke of North Carolina, Apple Inc. announced Thursday that it will be building a $1 billion campus in Austin, Texas, that one day will house some 15,000 workers. To make all of us wonder what we did wrong in the past few months, the company also announced it plans to add new sites in Seattle, San Diego and Culver City, California. Just weeks ago, Amazon bypassed the Triangle and chose the Washington, D.C., and New York City metros to split its East Coast headquarters.
As tech giants move far beyond their West Coast roots, Apple announces plans for new Austin campus, generating positive buzz after reports of dreary iPhone sales.