221.34 +0.38 (0.17%)
Pre-Market: 7:01AM EDT
|Bid||221.40 x 1000|
|Ask||221.54 x 800|
|Day's Range||220.37 - 223.76|
|52 Week Range||142.00 - 233.47|
|Beta (3Y Monthly)||1.08|
|PE Ratio (TTM)||18.76|
|Earnings Date||Oct 30, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||3.08 (1.38%)|
|1y Target Est||224.48|
Documentary film director Ken Burns discusses his country music documentary and why PBS gives him more freedom than a streaming service would.
The new iPhone hit stores around the world on Friday (September 20), but some fans in China worry Apple may soon lose ground in the country. The iPhone 11 has a bevy of new functions. The three-lens camera has been a highlight since the model was unveiled. However it isn't ready for 5G. That's the next generation of high-speed mobile data networks. This is a problem in China where one of Apple's biggest Chinese competitors - Huawei - rolled out its first 5G phone two months ago. One eager iPhone fan admitted Apple's local prospects may dim. (SOUNDBITE) (Mandarin) 33 YEAR-OLD CIVIL SERVANT AND CUSTOMER, LIU LIU, SAYING: "If they don't research 5G then they're going to lag way behind. They don't have it this year because you can't just make a 5G function in a day or two, and they didn't expect China's 5G technology to grow so fast. " Apple lowered the prices of this round of iPhones- likely in order to lure in Chinese buyers. Analysts say company has already lost marketshare to Huawei over a surge in support from patriotic Chinese after the brand was caught up in the U.S.-China trade war.
Stock futures: Microsoft and Northrop led six breakouts, but only Huya impressed as the stock market rally fizzled Thursday. Apple and Lululemon fell below buy points.
BEIJING/SHANGHAI (Reuters) - Apple's latest iPhone 11 range hit stores in China on Friday, with short queues of die-hard fans contrasting with the hundreds who camped out ahead of some previous launches. The sales performance of the U.S. tech giant's latest line-up is being closely watched in the world's largest smartphone market, where Apple has been losing ground to competitors with cheaper and feature-packed handsets in recent years. The queues at the Shanghai and Beijing stores, which combined added up to few dozen customers, were in sharp contrast to previous years, when hundreds used to wait for hours outside Apple's shops to be the first to grab its latest offerings.
(Bloomberg) -- Google will invest 3 billion euros ($3.3 billion) over the next two years to expand its server farms across Europe.The investments take its total spend on European data centers to 15 billion euros since 2007, Google Chief Executive Officer Sundar Pichai told reporters in Helsinki on Friday following a meeting with Finnish Prime Minister Antti Rinne.It’s also investing 1 billion euros in renewable power in Belgium, Denmark and Sweden. Among the projects are a 600 million-euro expansion of its existing data center in Finland, as well as two wind projects in the Nordic nation.The Alphabet Inc. company on Thursday announced a series of new deals to buy wind and solar power in the largest-ever collective purchase of renewable energy by a single company. The move shows how corporations are increasingly turning to clean energy as costs of wind and solar fall and investors push them to fight climate change.The Mountain View, California-based company said it has matched 100% of its electricity consumption with renewable energy the past two years.Google’s investment in its Hamina server complex on the south coast of Finland will now reach 2 billion euros. It has built other European data centers in Denmark, the Netherlands, Ireland and Belgium to feed demand for faster access to files and media.However, big tech companies don’t always follow through on their internet infrastructure promises. Earlier this year, Apple Inc. shelved plans to build a second data center in Denmark, and canceled a similar project in Ireland.(Updates with background on Google’s data centers)To contact the reporter on this story: Leo Laikola in Helsinki at firstname.lastname@example.orgTo contact the editors responsible for this story: Kati Pohjanpalo at email@example.com, Giles TurnerFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Scientists at the University of Massachusetts have some exciting news to wake up the sleepy world of slumberwear. “We’d like to bring this to market in the next couple of years,” says UMass Professor Trisha Andrew, one of the scientists behind the product. “If Apple wants to contact us, we’re certainly open to that.
(Bloomberg) -- With 5G, the latest, greatest wireless networks promise to revolutionize industries from transportation to medicine. But for mobile-phone users, 5G is a way to show off, said analysts at Sanford C. Bernstein.Handsets compatible with the superfast service are more expensive, but don’t offer practical benefits over the latest 4G models that already download at speeds well above that required to stream high-definition video, wrote analysts Chris Lane and Samuel Chen in a Friday note to clients.“We see no rational case for a consumer to upgrade to 5G,” wrote the analysts. “And yet they are.”South Korean carrier SK Telecom Co. reached one million 5G subscribers last month, 140 days after introducing the world’s first commercial service, representing about 3.5% of its user base. China will have about 170 million 5G smartphones available by next year, according to estimates by China Telecom Corp., which targets 60 million 5G users for its network.Carriers in the U.S., Australia and other markets have also introduced 5G services to limited areas, with plans for expanding coverage nationwide over the next few years.The latest 5G handsets do not “future proof” users because the technology isn’t fully matured and will continue to evolve, while a new 4G handset will still be a leading-edge device in two years, Lane and Chen wrote. Specifically, first-edition 5G phones can’t access millimeter wave bands that will be added in coming years to fulfill the technology’s high-speed, low-latency promise.At the same time, carmakers are looking to 5G’s speed for eventual use in guiding autonomous-driving vehicles, while surgeons are already performing remote procedures using the technology, which transmits data with virtually no lag time. Manufacturers intend to use 5G networks for automation, robotics and machine-learning systems.“Having the latest 5G smartphone, and equally importantly, showing it off might be its single most important benefit,” the analysts wrote. “Especially if you are one of the first. For a single millennial in search of a partner, it might even provide validation of them as a potential good catch.”\--With assistance from Ryan Lovdahl and Gao Yuan.To contact the reporter on this story: Dave McCombs in Tokyo at firstname.lastname@example.orgTo contact the editors responsible for this story: Sam Nagarajan at email@example.com, Ryan LovdahlFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
U.S. stock futures are higher as investors debate the Federal Reserve's next policy move and look for progress from the current round of U.S.-China trade talks; Facebook CEO Mark Zuckerberg meets with Donald Trump at the White House; Apple's iPhone 11 goes on sale across the world; global climate change demonstrations kick off in Australia.
Apple offered it latest smartphone for general sale around the world Friday, with analysts better the new iPhone 11 will be a key sales driver for the tech giant heading into the key holiday season.
SYDNEY/BANGKOK, Sept 20 (Reuters) - Tens of thousands of students were taking to the streets across Asia and Europe on Friday for a global strike demanding world leaders gathering at a U.N. climate summit adopt urgent measures to avert an environmental catastrophe. The protests kicked off in the Pacific islands - some of the nations most threatened by rising sea levels - and Australia, where social media posts showed huge demonstrations around the country, from the big coastal cities of Melbourne and Sydney to outback towns such as Alice Springs.
Thirty years ago in London, the then prime minister Margaret Thatcher ventured south of the river to a converted banana-ripening warehouse in the city’s docklands where, as if to emphasise its Britishness, fish and chips were being served in the pink sheets of this newspaper. Thatcher was at Shad Thames to open the Design Museum, an ambitious new project spearheaded by Habitat founder Terence Conran and journalist and author Stephen Bayley, which aimed to promote contemporary design in Britain. In her speech, she applauded the museum’s private sponsors, but chided Conran for not having “quite enough British things” on show.
Microsoft (MSFT) stock appears to be one of safest mega-cap tech buys out there at the moment, even at its new all-time highs. And it just raised its dividend and announced a new share buyback program.
The Dow Jones Industrial Average fell 53.44 points (or 0.2%) today, possibly because the market gave a thumbs up to yesterday's 0.25% rate cut by the Fed.
"I believe that if Steve were still alive, we would have combined our companies, or at least discussed the possibility very seriously," the Disney chief writes in his memoir.
Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing. Microsoft rose 1.8% after unveiling a $40 billion stock buyback plan, while Apple declined 0.8% and the S&P 500 ended virtually unchanged. The S&P 500 was than less than 1% below its closing record high hit in July as investors became more optimistic about the resumption of talks between the United States and China aimed at laying the groundwork for high-level trade negotiations in early October.
There is a time and place where stock buybacks are appropriate such as when the stock price is undervalued and there are no more productive uses for the money, but this can still be speculative.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of iOS 13 coming out. Today, we'll look at that and other Apple Rumors for Thursday.Source: Mykola Churpita / Shutterstock.com iOS 13 Launch: Owners of a device compatible with iOS 13 can now upgrade to the new mobile operating system, reports MaRumors. The update is free to download and brings with it several news features. One of the biggest changes that Apple fans are sure to love is in the inclusion of Dark Mode. This allows them to switch away from those white backgrounds for a darker color scheme that works better at night. Several other apps, such as Find My, Photos and Maps also get new features in iOS 13.iOS 13.1 Release Date: Apple is planning to bring iOS 13.1 to users sooner than expected, 9to5Mac. The tech company says that it will now be dropping this update on Sept. 24. It was previously aiming to release it on Sept. 30. This will also have iPadOS 13.1 coming out on the same day. AAPL is able to put this update out so quickly after the launch of iOS 13 because it started beta testing it before iOS 13 even came out.InvestorPlace - Stock Market News, Stock Advice & Trading TipsArcade Launch: Anyone owning a device with iOS 13 can now sign up for Apple Arcade, reports AppleInsider. This new subscription service allows customers to play a variety of games for a monthly fee. There's currently a one-month free trial available and it costs $4.99 each month after this. The Arcade will also be coming to iPadOS 13 and tvOS devices later this month.Subscribe to Apple Rumors As of this writing, William White did not hold a position in any of the aforementioned securities.The post Thursday Apple Rumors: iOS 13 Launches Today appeared first on InvestorPlace.
The Fed cuts interest rates again, but what's next? Why Microsoft (MSFT) stock surged. The latest from AT&T (T) and FedEx (FDX). And why Skechers (SKX) stock is a Zacks Rank 1 (Strong Buy) right now - Free Lunch