185.00 -2.16 (-1.15%)
Pre-Market: 5:23AM EDT
|Bid||184.80 x 1100|
|Ask||185.55 x 800|
|Day's Range||186.78 - 188.88|
|52 Week Range||142.20 - 190.37|
|PE Ratio (TTM)||18.10|
|Earnings Date||Jul 30, 2018 - Aug 3, 2018|
|Forward Dividend & Yield||2.92 (1.56%)|
|1y Target Est||194.49|
Apple recently dropped the price of one of its iPhone cords from $25 to $19, eagle-eyed Apple blog 9to5Mac spotted on Monday.
to discuss possibly putting a major new customer-service facility in the Raleigh-Durham area, according to a person familiar with the meeting. The undisclosed meeting was tucked into a very public agenda that included delivering Duke University’s commencement address, tweeting from Duke’s basketball stadium and taking selfies with shoppers at an Apple Store. While Amazon’s effort to find a second headquarters city has proceeded with the fanfare of an Olympics host-city search, Apple is hunting for its newest U.S. location with the stealthy deliberateness it employs in developing a new iPhone.
Among high-volume sectors, the technology market, overall, has been unusually choppy. The benchmark Technology Select Sector SPRD Fund (NYSEARCA:XLK) was down more than 3% at one point. As we entered the spring season, it wasn’t clear which direction tech stocks would take.
While Teva Pharmaceutical Industries Ltd (ADR) ADR (NYSE:TEVA) faded from last Wednesday highs, shares ultimately climbed about 3% that day. No, it wasn’t earnings or a new drug that gave TEVA stock a bump. Instead, it was Warren Buffett.
Apple Inc. manufacturing partner Taiwan Semiconductor Manufacturing Co. has started mass production of next-generation processors for new iPhones launching later this year, according to people familiar with the matter. The processor, likely to be called the A12 chip, will use a 7-nanometer design that can be smaller, faster and more efficient than the 10-nanometer chips in current Apple devices like the iPhone 8 and iPhone X, the people said. Apple and TSMC spokeswomen declined to comment.
Today brings an excellent example of how any two parties on Wall Street can scrutinize Apple (AAPL) and come away with very different conclusions about its outlook. The question is what to make of Apple’s increase of 31% in revenue from services in the fiscal Q2 that ended in March—an increase that some are describing as “explosive” because it was so much higher than it had been historically.
Starbucks (SBUX) is winning the in-store mobile-payments war, beating tech heavyweights Apple, Google, and Samsung Electronics at their own game. The cafe chain's mobile-payment service will be used by 23.4 million Americans this year, edging Apple (AAPL), with 22 million. Alphabet's (GOOGL) Google unit, with 11.1 million users, and Samsung (South Korea: 005930), with 9.9 million, lag far behind, according to an eMarketer report released today.
The stock buyback boom continued apace in the first-quarter earnings season that is now drawing to a close, with U.S. companies announcing $6.1 billion of buybacks a day, according to Trim Tabs Investment Research. “The buyback boom early this year confirms our view that the main use of corporate America’s tax savings will be takeovers and stock buybacks rather than capital investment or hiring,” the company said in a note.
Apple’s (AAPL) foray into smart speakers through the $349 HomePad had, reportedly, seen a weak response since its launch earlier this year. According to estimates in the latest report by Strategy Analytics, Apple shipped 600,000 HomePods in the quarter. Meanwhile, Amazon (AMZN) sold 4 million smart speakers globally while Alphabet’s (GOOG) Google shipped 2.4 million.
Leading the Apple Inc. (NASDAQ:AAPL) rumor mill today is news of WWDC 2018 invites. WWDC 2018: Members of the press are starting to receive their invites for WWDC 2018, reports MacRumors. While it is unknown what AAPL will show off at the event, rumors include a new iPad remodel more akin to the iPhone X. We’ll also likely learn more about iOS 12 at WWDC 2018.
A group calling itself Google You Owe Us told the search giant it’s representing around 4.4 million people who and will ask for damages of around $1,000 per person.