208.00 +0.84 (0.41%)
After hours: 7:59PM EDT
|Bid||207.91 x 1300|
|Ask||208.00 x 2200|
|Day's Range||207.05 - 208.48|
|52 Week Range||142.00 - 233.47|
|Beta (3Y Monthly)||0.91|
|PE Ratio (TTM)||17.09|
|Earnings Date||Apr 30, 2019|
|Forward Dividend & Yield||2.92 (1.54%)|
|1y Target Est||193.12|
Yahoo Finance's Brian Sozzi sits down with business woman Melinda Gates to discuss her new book "The Moment of Lift: How Empowering Women Changes the World."
The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the United States District Court for the Northern District of California on behalf of purchasers of Apple, Inc. (AAPL) (“Apple” or the “Company”) securities during the period between November 2, 2018 and January 2, 2019 inclusive (the “Class Period”). Investors who wish to become proactively involved in the litigation have until June 17, 2019 to seek appointment as lead plaintiff. If you wish to choose counsel to represent you and the class, you must apply to be appointed lead plaintiff and be selected by the Court. The lead plaintiff will direct the litigation and participate in important decisions including whether to accept a settlement for the class in the action. The lead plaintiff will be selected from among applicants claiming the largest loss from investment in Apple securities during the Class Period. Members of the class will be represented by the lead plaintiff and counsel chosen by the lead plaintiff. No class has yet been certified in the above action.
Operating income fell 69 percent to 1.37 trillion won ($1.2 billion) in the three months ended March, according to results released Thursday from the Icheon, South Korea-based company. Analysts surveyed by Bloomberg had expected a 65 percent slump to an average of 1.5 trillion won. The results underscore challenges facing smartphone makers as they struggle to revive consumer appetite for new devices, while data centers around the world work through their high inventories of memory chips.
In fact, at one point I was addicted to Texas Instruments during the day that it and Motorola used to swing four, five, six points a session. Every day I would commute to Grand Central to get to cram classes for the test. In the middle of Grand Central at the time was a Merrill Lynch quote machine.
"The early bird is the one who knows you need to buy a stock before the underlying business turns around," CNBC's Jim Cramer says. "The executives at Texas Instruments aren't trying to help you time the semiconductor cycle. Don't wait for the "all clear" on semiconductor sales to make a bet on Texas Instruments TXN , CNBC's Jim Cramer said Wednesday.
Netflix Aspires to New Records in 2019(Continued from Prior Part)Apple Plus and Disney Plus coming Apple and Walt Disney (DIS) recently unveiled their new subscription video services, which will compete with Netflix for customers and revenue in the
Just weeks after Apple started selling its second-generation AirPods, reports are circulating the company could release its third-generation wireless earbuds as soon as the fourth quarter.
Macro Updates: Record Highs, US-China Talks, and More(Continued from Prior Part)US-China trade talksThe United States (SPY) and China (FXI) have held six rounds of trade talks after US President Donald Trump and Chinese President Xi Jinping agreed
Macro Updates: Record Highs, US-China Talks, and MoreMarkets reach record highsUS markets have been strong this year, and both the S&P 500 (SPY) and NASDAQ Composite (QQQ) hit new closing highs yesterday. The upward price action is a welcome
Apple Inc. (NASDAQ: AAPL) was dogged for much of last year by the slow adoption of its tenth anniversary iPhone model, the iPhone X released in 2017. The survey is based on responses from 500 U.S. Apple customers who purchased an Apple device in the first quarter.
TSMC's Q1 Earnings Signal Beginning of Semiconductor Growth(Continued from Prior Part)TSMC’s revenue by applicationTSMC (TSM) is the world’s largest foundry and manufactures chips for all major end markets. The foundry divides its revenue into
Apple Inc., Amazon.com Inc. and Microsoft Corp. are within striking distance of that market valuation, thanks to year-to-date rallies that range between Microsoft’s 23 percent and Apple’s 32 percent. A rally of that magnitude would leave it shy of $1 trillion, however, as its current market cap of $959 billion means it would have to gain 4.3 percent to reach that level.
Spotify (NYSE:SPOT) stock started off 2019 red-hot, as the music-streaming giant gained momentum amid improving economic and financial market conditions. Spotify stock rose more than 30% through the first two and a half months of 2019. Then, the rally hit a wall in late February amid rising competition concerns.Source: Spotify The concerns were sparked by a number of factors. The Wall Street Journal reported that Apple's (NASDAQ:AAPL) Apple Music had more U.S. paid streaming subs than Spotify and was growing faster. Amazon (NASDAQ:AMZN) did a soft launch of a free streaming tier of Amazon Music. Moreover, Barron's came out with a scathing article on Spotify, basically saying that the company needs to become the Netflix (NASDAQ:NFLX) of music in order to justify its valuation, and Sirius XM (NASDAQ:SIRI) rolled out a music-streaming-only subscription plan at below-market prices. * 10 Stocks to Sell Before They Give Back 2019 Gains All in all, the news flow related to Spotify stock has turned sharply negative over the past two months. Consequently, Spotify stock has dropped roughly 10% during that stretch.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Spotify's Earnings Will Have a Major Impact on Spotify StockSPOT's earnings are due to be released on Monday, April 29. This report is important. It will either confirm recent competition concerns or put them to rest, consequently causing Spotify stock to either drop or pop.I think the numbers will put the competition concerns to rest and cause Spotify stock to pop. Although competition in this space is building, SPOT has a big lead, is making the right moves to preserve its lead, and has benefited from some international growth catalysts over the past few months which should positively impact its results. As a result, I think the earnings report should be good, sparking a rally by SPOT stock. The Competition Won't Affect the NumbersSpotify stock has been hurt by competition concerns over the past few months, but those competition concerns likely won't impact the company's first -quarter numbers.That's because these concerns aren't new. Apple Music has reportedly been bigger than Spotify in the U.S. since mid-2018, so that isn't exactly revolutionary news.Meanwhile, Amazon Music has been around for a while, and it's hardly made a dent on Spotify's growth trajectory. Sure, the new free tier may do some damage, although it probably won't. But the new tier didn't launch until April, and the service was only made available to U.S. customers with an Alexa-enabled device. Thus, the impact on SPOT's first-quarter numbers and second-quarter guidance will be muted. The same is true of the new Sirius XM streaming offering, which launched in April.Overall, then, all these competition concerns that have weighed on Spotify stock won't show up in the company's first quarter numbers or its second-quarter guidance. But two other things will impact its results.One, Spotify launched in India during the quarter, and had a big debut there, attracting 1 million users in its first week. Two, Spotify has doubled down on original podcasts, and Google Trends indicate that global interest related to these podcasts is building.So SPOT's numbers should be pretty good. They will reflect international strength and investments in original content, not heightened competition. The Long-Term Outlook of Spotify Stock Is BrightSpotify is doing everything possible to ensure that it does become the Netflix of music.Most importantly, the company is investing in original content. Today, it's original podcasts and playlists. Tomorrow, it might be original songs and albums. Regardless, the company is leveraging its size, resources, and unprecedented listener data to produce quality original content which will get customers to stick to the service, regardless of how the competition looks.Also,SPOT continues to leverage social networks to enhance its stickiness. For instance, it has made a partnership deal with Instagram which allows Spotify's songs to be put into Instagram Stories. SPOT is also innovating its ad technology to build a moat against ad competition, and testing out new subscription bundles to appeal to different crowds.Given SPOT's effective strategies, I think SPOT remains on track to get nearly 300 million paying subs by 2025.As a result, I think that Spotify stock should trade close to $170 by the end of the year. The Bottom Line on SPOT StockSpotify stock was a big winner in early 2019, and it should get back to its winning ways following what will likely be a strong first-quarter earnings report that will put concerns about its competition to rest.As of this writing, Luke Lango was long SPOT, AAPL, AMZN, NFLX, and SIRI. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post Competition Concerns Won't Derail Spotify Stock appeared first on InvestorPlace.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news about AirPods 3. Today, we'll look at that and other Apple Rumors for Wednesday.Source: Apple AirPods 3: A new rumor claims that Apple is already planning the release of the AirPods 3, reports MacRumors. According to this rumor, the tech company is planning to release two new versions of the AirPods. The rumor claims that these new AirPods will launch sometime between the fourth quarter of 2019 and first quarter of 2020. The rumor also says that one of these new AirPods will feature an all new design. The source of this rumor is analyst Ming-Chi Kuo.Power Button Lawsuit: A class action lawsuit over failing power buttons on certain AAPL smartphones is heading to trial, AppleInsider notes. This will have a court in California hearing the case on Oct. 25. That's still a ways off, but isn't that long when it comes to a lawsuit. Then again, the lawsuit was originally filed back in 2013. This lawsuit has to do with the power buttons on the iPhone 4, 4s and 5.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSelf-Driving Cars: Apple's number of self-driving cars in California is dropping, reports 9to5Mac. Then number of self-driving cars being tested in the state is down to 69. This is a drop from the company's 72 self-driving cars in the state during March. There are also 110 test drivers working for AAPL. This is is down from its 144 test drivers in the prior month.Check out more recent Apple Rumors or Subscribe to Apple Rumors : RSS As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Wednesday Apple Rumors: AirPods 3 May Come Out in Late 2019 appeared first on InvestorPlace.
TSMC's Q1 Earnings Signal Beginning of Semiconductor Growth(Continued from Prior Part)TSMC’s first-quarter revenue TSMC (TSM) is the world’s largest foundry and earns revenue by manufacturing chips for semiconductor designers at its fabrication
Berkshire’s Cash Pile Sparks Acquisition Rumors—Buffett Denies(Continued from Prior Part)Berkshire’s acquisitions Warren Buffett, Berkshire Hathaway’s (BRK-B) chair, has denied that the company is looking at buying PG&E Corporation (PGE).
Morgan Stanley analyst Katy Huberty reaffirmed her Overweight rating for Apple stock, saying iPhone consumers spend more for services versus Android users.
Holberton is a coding and engineering school in San Francisco looking to break down financial barriers, and give everyone access to pursue the careers they dream of. Julien Barbier, co-founder of Holberton School, joins us, along with R&B singer Ne-Yo, who is an investor and trustee of the school.
The global esports industry is projected to reach $1.79 billion in revenue by 2022. Fortnite alone brought in $300 million in its first 200 days on the Apple App Store last year. Madison Square Garden is betting big on esports: The noted arena is hosting the Newegg CLG Fornite Challenge. Yahoo Finance’s Dan Roberts, Heidi Chung, and Myles Udland sit down with CLG team Fortnite player Chris Philavahn to discuss the growth in the industry.