AAPL Oct 2019 225.000 call

OPR - OPR Delayed Price. Currency in USD
0.0000 (0.00%)
As of 4:00PM EDT. Market open.
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Previous Close4.8500
Expire Date2019-10-18
Day's Range4.1500 - 4.9500
Contract RangeN/A
Open InterestN/A
  • CEO Ron Johnson on the future of retail
    Yahoo Finance Video

    CEO Ron Johnson on the future of retail

    Veteran businessman and former J.C. Penney CEO Ron Johnson is now the CEO of Enjoy, a mobile store company that helps bring the traditional shopping experience into the homes of consumers. Johnson joined The Final Round on Wednesday to give his thoughts on the state of retail, and where businesses like J.C. Penney have steered incorrectly.

  • Barrons.com

    How HBO’s ‘Big Bang Theory’ Deal Compares to ‘Seinfeld’ and ‘The Office’

    Reports say HBO Max spent between $600 million up to “billions” for “The Big Bang Theory” in the streaming war of the reruns.

  • Amazon's Plan to Leapfrog Apple, Spotify in Music Streaming Race

    Amazon's Plan to Leapfrog Apple, Spotify in Music Streaming Race

    The retailer is offering a higher quality HD streaming service for 50 million songs, with digital sound quality similar to CDs.

  • Apple’s Brand in China Takes a Hit From Backlash Against Trump

    Apple’s Brand in China Takes a Hit From Backlash Against Trump

    (Bloomberg) -- The trade war is taking its toll on Apple Inc., a new survey of Chinese consumer attitudes shows.The company tumbled to No. 24 in an annual report on China’s top brands, falling from No. 11 a year ago. In 2017, before the trade war started, Apple was fifth in this ranking. Meanwhile, Apple’s biggest local rival, Huawei Technologies Co., climbed two spots and came in second, behind only Chinese payment service Alipay.The shuffle in the rankings is a sign of the growing challenge American brands face in the second year of Donald Trump’s tariff showdown with his Chinese counterpart, Xi Jinping. The survey findings show Chinese consumers growing cooler towards some American brands, especially after smartphone giant Huawei saw its Chief Financial Officer, Meng Wanzhou, arrested in Canada last year at the behest of the U.S. government.Trump followed with a ban on Huawei products, which helped fuel a surge of local support for the Shenzhen-based brand, according to Jay Milliken, senior partner in Hong Kong with Prophet, the San Francisco-based consultancy that conducted the survey of 13,500 Chinese consumers.Prophet’s survey, conducted annually, this year asked Chinese consumers in large cities for their views on more than 250 brands across 27 categories. Respondents evaluated brands they used or were considering using, rating rated their relevance to the lives of consumers based on qualities such as innovation, usefulness and dependability.‘Nationalistic Buying’“There’s a lot of nationalistic buying in that category, because Chinese consumers interpreted what happened to Huawei as an attack,” he said.Patriotism helped fuel the rise of other Chinese brands, too. Sportswear maker Li Ning Co. cracked the top 40 for the first time, ranked No. 34, just two spots behind market leader Nike Inc.Named after its founder, the famous gymnast, Li Ning capitalized on the nationalistic sentiments of many Chinese consumers with the launch last year of a China Li-Ning collection at New York Fashion Week that heavily used red and yellow, China’s national colors.There were only two American names in the top ten this year -- Android at No. 3 and Intel at No. 9 -- compared to five in the 2017 survey.Switching AllegiancesUnlike Apple, Android and Intel don’t have to worry about consumers switching allegiances to local competitors, Milliken said, and that explains why they manage to remain highly ranked.“Some Western brands are so integral in the lives of Chinese consumers, they’re almost predisposed to not losing relevance,” he said. “There are no Chinese alternatives so those remain super relevant.”Geopolitical tensions aren’t the only problem Apple faces in China, its biggest market after the U.S.While Beijing is pushing to make the country a leader in the introduction of high-speed 5G networks, Apple’s phones -- even the newly announced iPhone 11 -- don’t support that latest wireless standard.To contact the reporter on this story: Bruce Einhorn in Hong Kong at beinhorn1@bloomberg.netTo contact the editors responsible for this story: Emma O'Brien at eobrien6@bloomberg.net, Bhuma Shrivastava, Rachel ChangFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • China Phone Maker Prices IPO at Sky-High Multiple, Way Above Apple

    China Phone Maker Prices IPO at Sky-High Multiple, Way Above Apple

    (Bloomberg) -- Shenzhen Transsion Holdings Co., a Chinese handset maker largely unknown outside of Africa, has priced its initial public offering at double the valuation of Apple Inc.Transsion, whose mobile handsets outsell iPhone and Galaxy smartphones in Africa, is going public on Shanghai’s Nasdaq-style Star Board, setting its IPO at 35.15 yuan a share, implying a trailing earnings multiple of 42.8 times, according to a filing published on Wednesday.That compares with Apple’s 18.98 times and fellow rival Samsung Electronics Co.’s 9.92 times, according to data compiled by Bloomberg. Fellow Chinese smartphone maker Xiaomi Corp. is trading at 17.8 times estimated earnings for the next four quarters.Rich valuations are nothing new on the Star market, where regulators removed an unwritten valuation cap on companies going public that has led to some eye-popping multiples. Shenzhen Chipscreen Biosciences Co. set a record on the tech board with an IPO price that represented an earnings multiple of 467.51 times.Since founding the Tecno Mobile brand in 2006, founder Zhu Zhaojiang has overseen an expansion that now claims a 48.7% market share in Africa, according to a previous filing. Transsion shipped 94.44 million mobile phones to Africa in 2018, out of a total of 124 million global shipments.The sky-high valuations on the Star market have been met by equally elevated gains. Since it launched in the middle of this year, 29 companies have listed with an average surge of around 150% from their IPO prices, according to data compiled by Bloomberg.\--With assistance from Fox Hu and Ken Wang.To contact the reporter on this story: Julia Fioretti in Hong Kong at jfioretti4@bloomberg.netTo contact the editors responsible for this story: Lianting Tu at ltu4@bloomberg.net, Teo Chian WeiFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • TheStreet.com

    Fed Rate Cut, Apple Arcade, Datadog, AT&T and DirecTV - 5 Things You Must Know

    U.S. stock futures pointed to a lower open for Wall Street after the Federal Reserve cuts U.S. rates for the second time this year; Apple Arcade launches Thursday; Datadog raises $648 Million in its initial public offering; AT&T; reportedly is looking to either spin off DirecTV or combine it with Dish.

  • Dow Jones Futures: Stock Market Steady, Apple In Buy Range After Fed Rate Cut; Microsoft Sets Big Buyback
    Investor's Business Daily

    Dow Jones Futures: Stock Market Steady, Apple In Buy Range After Fed Rate Cut; Microsoft Sets Big Buyback

    Dow futures: The stock market rally held up after a Fed rate cut and Fed chief Jerome Powell's comments. Apple is a buy again. Microsoft rose late on a buyback. Will AT&T; sell DirecTV?

  • An Apple-Disney merger? Here’s how Bob Iger says it could have happened

    An Apple-Disney merger? Here’s how Bob Iger says it could have happened

    Apple Inc. and the Walt Disney Co. could have merged had Steve Jobs not died, Disney Chief Executive Bob Iger believes.

  • Buy Micron (MU) Stock Ahead of Q4 Earnings Amid Semiconductor Comeback?

    Buy Micron (MU) Stock Ahead of Q4 Earnings Amid Semiconductor Comeback?

    Should investors consider buying Micron (MU) stock with the chipmaker set to report its quarterly financial results on Thursday, September 26?

  • GuruFocus.com

    Kraft Shares Tumble as Buffett Partner 3G Capital Cuts Stake

    Second-largest shareholder reduces position in struggling company Buffett said he paid 'too much' for Continue reading...

  • Reuters

    Huawei promises smartest 5G phone, but who will be brave enough to buy?

    Huawei launches what could be the world's most powerful and feature-packed 5G smartphone on Thursday, but the fate of the device in Europe will hang on whether it can overcome a U.S. ban to give customers the Google software they expect. The Chinese telecoms giant will showcase its Mate 30 range in Munich, Germany, in its first unveiling of an all-new phone since President Donald Trump hit the Shenzhen-based company with an export ban in May. Holding the launch in Europe underlines the importance of the region's 500 million consumers to Huawei.

  • GuruFocus.com

    Large Caps Close Mostly Higher Wednesday With Fed Rate Cut

    Fed reduces federal funds target rate to 1.75% to 2.00% Continue reading...

  • Apple's longtime communications chief to step down, marking third top executive exit this year
    American City Business Journals

    Apple's longtime communications chief to step down, marking third top executive exit this year

    Steve Dowling will step down after the end of next month after five years as VP and a decade as head of corporate public relations. He told employees that he plans to take time off and is apparently not moving to another job, Recode reported.

  • Bloomberg

    California Backs Big Bond Deal for Virgin Trains' Las Vegas Line

    (Bloomberg) -- A California agency on Wednesday approved the first step in the plans of Virgin Trains USA to sell $4.2 billion in tax-exempt debt to build a high-speed train to Las Vegas from a desert town in southern California.The state’s Debt Limit Allocation Committee staff recommended that the company, backed by Fortress Investment Group’s private equity funds, receive half of its request for now, contingent on it submitting an economic development plan. Combined with an expected allocation from the federal government, a California agency would issue up to $3.2 billion of tax-exempt debt on the train’s behalf.The company in November will also ask Nevada to issue up to $800 million for the railroad, plus part of the federal allocation, so the company’s tax-exempt financing plans total $4.2 billion for the $4.8 billion project. Virgin Trains would be on the hook for debt payments, not the government agencies selling the bonds on its behalf.“Today’s approval is a major milestone in connecting Las Vegas and Southern California with intercity high-speed rail,” Ben Porritt, a spokesman for Virgin Trains, said in a statement after the vote. “This is a significant private investment that will generate thousands of new jobs, spark new mixed use and housing development and remove nearly 4.5 million cars off the road each year.”Virgin Trains, which in Florida launched the nation’s first privately-owned intercity passenger railway in more than a century, plans to lay tracks mainly along the median of Interstate 15 to Las Vegas from Apple Valley, California, 85 miles northeast of downtown Los Angeles. Construction will take three years and trains will run in 2023, the company said.Apple Valley and other officials from the San Bernardino County community known as Victor Valley at the meeting touted the project’s ambitions of sparking development.“It’s a regional kick starter that will usher in a new era of economic development in San Bernardino County by creating jobs, housing, retail, and commercial activity,” California Treasurer Fiona Ma said in a statement.To contact the reporter on this story: Romy Varghese in San Francisco at rvarghese8@bloomberg.netTo contact the editors responsible for this story: Elizabeth Campbell at ecampbell14@bloomberg.net, Michael B. Marois, William SelwayFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Dow Jones Today: Fed Obliges, Stocks Don’t

    Dow Jones Today: Fed Obliges, Stocks Don’t

    As was widely expected, the Federal Reserve lowered interest rates today by 25 basis points, but that wasn't enough to spark upside for equities. Nor was it enough for President Donald Trump who criticized the Fed for lacking "sense" and "vision" because it didn't lower rates by 50 basis points.Source: rafapress / Shutterstock.com Three Fed governors voted against today's rate cut, prompting some investors to express concern about the path forward."In determining the timing and size of future adjustments to the target range for the federal funds rate, the Committee will assess realized and expected economic conditions relative to its maximum employment objective and its symmetric 2 percent inflation objective," the Federal Open Market Committee wrote in a statement.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThis assessment will take into account a wide range of information, including measures of labor market conditions, indicators of inflation pressures and expectations, and readings on financial and international developments.So today the Nasdaq Composite slipped 0.1% while the S&P 500 added just 0.03%. The Dow Jones Industrial Average gained 0.1%. In late trading, half of the Dow stocks were pointed higher. The only sector in the U.S. that closed higher today was, unsurprisingly, utilities. Small Winners CircleThere weren't many Dow winners today and among that small group, the gains were, well, small. One surprise was JPMorgan Chase (NYSE:JPM). Financial services stocks usually benefit from higher interest rates, and JPM and its rival banks have recently been complaining about the effects lower rates have on their net interest margins. In late trading JPM was the only financial services name in the Dow trading higher. * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars Another surprise, though of the disappointing variety, was Merck (NYSE:MRK). This Dow component barely nudged higher despite some encouraging news about its Keytruda cancer treatment. Regulators in Australia, Canada and the U.S. approved Keytruda to treat advanced endometrial carcinoma.This is significant news, but the stock barely moved higher today. Hey, it's not everyday three major developed markets approve a cancer treatment on the same day."Merck said regulators approved the use of Keytruda with a drug called Lenvima, discovered by the Japanese company Eisai (OTCMKTS:ESALY), to treat some instances of advanced endometrial carcinoma, a serious condition for which patients currently have few options," Josh Nathan-Kazis wrote for Barron's.Procter & Gamble (NYSE:PG) was a Dow winner today, and like the others, it was in modest fashion. P&G is one of the Dow's best-performing names this year. And some traders are getting bullish about options on the consumer goods giant's shares. Apple, AgainYes, Apple (NASDAQ:AAPL) has been making a lot of appearances here in recent days -- and the iPhone maker is back today. Wedbush released a note earlier today forecasting 185 million in iPhone 11 shipments for fiscal 2020. Analysts also wrote that pre-orders for the phone in the U.S. have been strong.Up nearly 8% this month, Apple has been one of the best-performing Dow stocks in September. Bottom Line on the Dow Jones TodayIt's clear that market participants are focusing on the Fed's division. However, because the central bank did not cut by 50 basis points today, it has another 25 basis point cut in its back pocket. Chairman Jerome Powell overtly said that the Fed can deploy more rate reductions if the economy sours, which he doesn't see happening right now.Speaking of the economy, the Fed upped its 2019 gross domestic product forecast to growth of 2.2%. That's up slightly from June's estimate of 2.1%. For now, the central bank is standing firm on its forecast of 2% GDP growth in 2020.As of this writing, Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 CBD Stocks to Buy That Are Still Worth Your Investment Dollars * 5 Stocks to Buy With Great Charts * 5 Goldman Sachs Stocks to Buy with Over 20% Upside Potential The post Dow Jones Today: Fed Obliges, Stocks Don't appeared first on InvestorPlace.

  • 3 Large-Cap Dividend Stocks to Buy After Fed Cuts Interest Rates for Second Time

    3 Large-Cap Dividend Stocks to Buy After Fed Cuts Interest Rates for Second Time

    We searched, using our Zacks Stock Screener, for large-cap dividend stocks investors might want to buy after the U.S. Federal Reserve cut interest rates for the second time...

  • Streaming roundup: Apple, NBCUniversal ignite value wars ... Tinder films first series
    American City Business Journals

    Streaming roundup: Apple, NBCUniversal ignite value wars ... Tinder films first series

    With new details pouring in about forthcoming digital video services from Apple Inc. and NBCUniversal, and blockbuster licensing deals at Netflix Inc. and HBO Max, the streaming wars are heating up. Apple (NASDAQ: AAPL) has thrown down the gauntlet with plans to launch on Nov. 1 at a price point of $5 per month — or free for a year for subscribers who buy an Apple device.

  • Bloomberg

    Apple’s Top Communications Chief Steve Dowling Leaves Company

    (Bloomberg) -- Apple Inc.’s top communications executive Steve Dowling is leaving the company.Dowling, vice president of communications and head of public relations, has worked at Apple for 16 years and been in his role since 2014. He has been responsible for Apple’s messaging to the press, iPhone launch events and internal communications for much of Apple Chief Executive Officer Tim Cook’s tenure. Recode earlier reported Dowling’s departure.“Following another successful product launch, he has decided to leave Apple to spend some much deserved time with his family,” Apple said Wednesday in a statement. He leaves behind a tremendous legacy that will serve the company well into the future. We’re grateful to him for all that he’s given to Apple and wish him the best.”Apple marketing chief Phil Schiller, known for leading the company’s secretive culture and directing product features, will take over, Apple said. Dowling’s departure marks at least the third well-known executive to leave this year, following former senior vice president of retail Angela Ahrendts and design chief Jony Ive.To contact the reporter on this story: Mark Gurman in San Francisco at mgurman1@bloomberg.netTo contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Andrew Pollack, Robin AjelloFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Cord Cutting COSTS!

    Cord Cutting COSTS!

    Are you REALLY "cutting" the cord.

  • Wednesday Apple Rumors: All iPhone 11 Models Include 4GB of RAM

    Wednesday Apple Rumors: All iPhone 11 Models Include 4GB of RAM

    Leading the Apple (NASDAQ:AAPL) rumor mill today is news of RAM in the iPhone 11 line. Today, we'll look at that and other Apple Rumors for Wednesday.Source: thanat sasipatanapa / Shutterstock.com iPhone 11 RAM: A new leak reveals the amount of RAM in all the iPhone 11 smartphones, reports MacRumors. Information inside of Xcode confirms that each of the smartphones will be sporting 4GB of RAM. This is different from some rumors that said the iPhone 11 Pro and Pro Max may include 6GB of RAM. More code also reveals that the Apple Watch Series 5 will use the same processor as the Watch Series 4.Slofie Trademark: Apple is filing a trademark on the word "Slofie", AppleInsider notes. The word was revealed by the company during its September event. It is a term for slow motion videos taken with a front-facing camera. A feature on the iPhone 11 allows for the creation of these types of videos for dramatic effect. The new word is combination of the words "slow" and "selfie."InvestorPlace - Stock Market News, Stock Advice & Trading TipsiOS 13.1 Betas: Apple is sending out the fourth beta for iOS 13.1 today, reports 9to5Mac. It will have both developers and public testers gaining access to the beta at the same time. This has been a weird beta for AAPL, with it testing it before iOS 13 even came out. The company will be releasing iOS 13.1 to the public at the end of the month. For comparison, iOS 13 will be coming out tomorrow alongside the iPhone 11 launch.Subscribe to Apple Rumors As of this writing, William White did not hold a position in any of the aforementioned securities.The post Wednesday Apple Rumors: All iPhone 11 Models Include 4GB of RAM appeared first on InvestorPlace.

  • Google Roundup: Regulatory Matters, Waymo, GM Deal, Employees

    Google Roundup: Regulatory Matters, Waymo, GM Deal, Employees

    Google is up against a lot of scrutiny from U.S. regulators, which overshadows its legal win in Germany, self-driving prowess and strategic wins at traditional automakers.

  • Bloomberg

    Apple Fights ‘Phantom’ Units Claim in $14 Billion EU Court Clash

    (Bloomberg) -- Apple Inc. and Ireland’s court room clash with the European Commission finally lived up to its billing as the world’s biggest tax case.A two-day hearing into their appeal of the EU’s record 13 billion-euro ($14.4 billion) tax bill heated up on Wednesday as Apple rebutted claims that Irish units at the center of its fight are just “phantoms” and Ireland hit back at regulators for saying the country would willingly forgo one-fifth of its corporate tax takings.Ireland is the victim of "wholly unjustified criticism of its tax system and its approach" from the EU in "the biggest state aid case ever," said Paul Gallagher, the government’s lawyer, in closing arguments of an EU General Court hearing in Luxembourg.EU officials "have not produced to this court a single example of Apple being preferred to anyone else" and Irish tax law didn’t require Apple to pay any more.Apple and Ireland are battling the European Commission’s 2016 order that ruled illegal a tax deal that saw the company channel sales through two Irish units. The iPhone maker is the biggest target of EU Competition Commissioner Margrethe Vestager’s crusade against corporate tax deals that allow big firms to reduce their fiscal burden.Irish BranchesThe five-judge panel homed in on the exact functioning of the Irish branches that allowed Apple revenues to be covered by a national tax deal labeled as illegal by regulators.The EU asserts the units received selective tax treatment that allowed Apple to allocate all sales profits to two companies that “existed only on paper.” Apple attempted to show that each business wasn’t a ghost while saying strategic decisions over products and sales were made elsewhere and profits should also be taxed elsewhere.“This wasn’t some kind of shell company, this was a company doing things in the U.S.,” Apple’s lawyer Daniel Beard responded, citing one of the firms. He said that no critical decisions on intellectual property were made in Ireland.Marc van der Woude, a Dutch judge and the court’s vice-president, had quizzed the EU’s lawyer late Tuesday on what evidence the European Commission had to show whether the Apple units determined strategy or drew up business plans.The business "looks like a phantom company,” he said at one point. Other judges dug into details of how the branches were run and how the Irish government determined that the revenue should be taxed there.The EU’s lawyer Richard Lyal sought to dismiss Apple’s arguments that the revenue at stake should have been taxed in the U.S. where its products are developed."Apple should not now pretend" that its Irish units "make all that money but that only a tiny proportion of it should be attributed to Ireland," he told the court. "All arguments as to tax being paid in the U.S. are completely irrelevant."Amazon, AlphabetA court ruling, likely to take months, could empower or halt Vestager’s tax probes into complicated corporate structures used by many American technology firms. The EU has also scrutinized fiscal deals done by Amazon.com Inc. and Alphabet Inc. and may draft new rules to net digital companies’ revenue.The first hints of how the Apple case may turn out will come from a pair of rulings scheduled for Sept. 24.The General Court will rule on whether the EU was right to demand unpaid taxes from Starbucks Corp. and a Fiat Chrysler Automobiles NV unit. Those judgments could set an important precedent on how far the EU can question tax decisions national governments make on how companies should be treated.To contact the reporters on this story: Aoife White in Luxembourg at awhite62@bloomberg.net;Stephanie Bodoni in Luxembourg at sbodoni@bloomberg.netTo contact the editors responsible for this story: Anthony Aarons at aaarons@bloomberg.net, Peter Chapman, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Strategic Value Investing: Distressed Investing

    Strategic Value Investing: Distressed Investing

    It’s an extreme type of value investing, requiring much contrarian courage, but it can be rewarding Continue reading...