163.08 +0.14 (0.09%)
After hours: 7:59PM EDT
|Bid||163.08 x 500|
|Ask||163.16 x 200|
|Day's Range||161.22 - 166.33|
|52 Week Range||142.20 - 183.50|
|PE Ratio (TTM)||16.80|
|Earnings Date||May 1, 2018|
|Forward Dividend & Yield||2.52 (1.44%)|
|1y Target Est||192.94|
The S&P only has about 30 points to go until it's in correction. (2,585) But Apple is there already ahead of earnings on May 1st. One analyst out of GBH Insights writing: the Street has gone into 'full panic mode' as supply chain checks out of Asia indicate that June iPhone shipments are trending well below expectations.
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves.
Apple Inc. completed an agreement with Ireland that will allow it to transfer roughly about €13 billion into a Dublin escrow account, in a step toward complying with a European Commission order to pay ...
Shares of Apple Inc (AAPL.O) dropped nearly 2 percent on Tuesday as investors worries intensified about soft demand for iPhones after a warning from a company that supplies components for smartphones. South Korean chipmaker SK Hynix Inc said following its quarterly report that it expected smartphone demand to stagnate, echoing a similar warning last week from Apple supplier Taiwan Semiconductor Manufacturing Co Ltd . Concerns ahead of Apple's quarterly report next Tuesday have shaved 9 percent from its stock price in the past five sessions, erasing $80 billion of its stock market value.
Futures edged up late in the day after the market fell Tuesday as Treasury yields rose and chip stocks fell. Chip giant Texas Instruments rose late on strong earnings and guidance.
What started out as a strong open on the stock market quickly devolved into very red trading session for Wall Street on Tuesday, April 24. You need to be at TheStreet's May 5 boot-camp for investors. Here are the three biggest factors that contributed to widespread stock market losses on Tuesday.
The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat "patent trolls" and others that bring patent infringement lawsuits. The justices ruled 7-2 that a type of in-house patent review at the U.S. Patent and Trademark Office does not violate a defendant's right under the U.S. Constitution to have a case adjudicated by a federal court and jury. The court ruled against Oil States International Inc (OIS.N), a Houston-based oilfield services company that had challenged the legality of the process, called inter partes review (IPR).
Apple's recent moves to lower production orders for its current smartphones will negatively impact several major iPhone chip suppliers, including Qorvo and Skyworks, Wall Street analysts said.
Apple Inc. closed in correction territory for the second time this year on Tuesday. Apple experienced a correction earlier this year, amid a tough February for tech stocks, but then rose to the new record high in March to climb out of the previous correction. Apple is set to report earnings May 1, and has been beset by doubts about iPhone sales.
Apple investors are worried ahead of the company's fiscal second-quarter earnings report, due out May 1. Apple stock has fallen for five straight trading sessions.