266.88 -0.22 (-0.08%)
After hours: 7:59PM EST
|Bid||267.12 x 800|
|Ask||267.04 x 1400|
|Day's Range||264.23 - 267.43|
|52 Week Range||142.00 - 267.43|
|Beta (3Y Monthly)||1.25|
|PE Ratio (TTM)||22.46|
|Earnings Date||Jan 27, 2020 - Jan 31, 2020|
|Forward Dividend & Yield||3.08 (1.16%)|
|1y Target Est||257.21|
The streaming wars are going to end in a two-horse race between Netflix and Disney+.
Nov.18 -- Apple Inc. shipped 10 million iPhones in China during September and October, based on Bloomberg’s calculations from government data on overall and Android device shipments. That's up 6% from a year earlier. Bloomberg's Mark Gurman explains the rise in demand on "Bloomberg Technology."
Samsung, the world’s largest smartphone maker, wants to emulate Apple’s success in building a $50bn-a-year services business as the rapid growth of smartphone sales begins to tail off. Samsung’s search for growth away from its hardware divisions comes as analysts pencil in annual increases in the smartphone shipments of only 1 to 2 per cent for the foreseeable future.
Stock futures: Can software rejoin the market rally as Paylocity breaks out? ServiceNow added to gains late. Apple, Karuna Therapeutics, Roku and ZTO Express moved on news too.
Today we searched for highly-ranked, large-cap stocks using our Zacks Stock Screener that dividend investors might want to consider buying. All three of the stocks also happened to be Dow components from completely different industries...
Apple Inc. , which already hosted multiple events to show off new hardware and services this year, plans to host another event in December "honoring our favorite apps and games of 2019." Apple sent invites to select media for an event Dec. 2 in New York, headlining the invitation "Loved by millions. Created by the best." The iPhone maker typically announces the best-performing apps in its App Store in a December release, so the event could be a live version of that announcement. Apple this year has already held a March event to show off new services, used the annual WWDC keynote to exhibit new Macs and operating systems, and hosted the annual September event focused on new iPhones. Apple stock closed with a 0.5% gain at $267.10, establishing a record closing price for the fourth time in six trading sessions. Shares ticked up about 0.2% in after-hours trading, when the invite was released.
On CNBC's "Fast Money Halftime Report," Joe Terranova said he prefers Microsoft Corporation (NASDAQ: MSFT ) over Apple Inc. (NASDAQ: AAPL ) as a long-term trade. Jim Lebenthal said nobody is ...
Investors are increasingly turning to equities with cash payouts for their nest eggs. But the strategies carry risk if not done right.
(Bloomberg Opinion) -- How do you wrestle an unwieldy, $700 billion behemoth into submission? That was the challenge facing Ash Carter, former secretary of the Department of Defense and this week's guest on Masters in Business.Carter, who has worked with every president from Ronald Reagan to Barack Obama, says his background in theoretical physics and medieval history helped him understand how to maneuver through the labyrinthine systems of the Pentagon bureaucracy. He created processes to improve purchasing efficiency, including incentives and penalties for major weapons manufacturers. He also brought talent from Silicon Valley to the Pentagon to beef up its technological capabilities.Carter describes his role after 9/11 in coordinating U.S. intelligence and why he opposed creating a separate bureaucracy in the Department of Homeland Security. He preferred instead a coordinated intelligence, defense and law-enforcement standing joint operation.He is author of 11 books on military strategy, including most recently, "Inside the Five-Sided Box: Lessons from a Lifetime of Leadership in the Pentagon."His favorite books can be seen here; a transcript of our conversation is here.You can stream/download the full conversation, including the podcast extras on Apple iTunes, Overcast, Spotify, Google, Bloomberg and Stitcher. All of our earlier podcasts on your favorite pod hosts can be found here.Next week, we speak with Ilana Weinstein, founder and chief executive officer of IDW Group, a leading consulting and hiring boutique for hedge funds, private equity and family offices.To contact the author of this story: Barry Ritholtz at email@example.comTo contact the editor responsible for this story: James Greiff at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Barry Ritholtz is a Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Evercore’s Amit Daryanani sees Apple Airpods and Watches as the company’s next revenue stream as more iPhone users buy the wearables.
Dimon spoke with Barron’s Jack Hough about a recent Streetwise column about big tech and banking, and objected to a 2018 study that found consumer banking costs haven’t fallen.
The recent record run in Apple Inc. (NASDAQ: AAPL) shares is not without reason. The technology giant is getting its mojo back following the launch of the latest iteration of its flagship product, the iPhone. Investors were particularly anxious about the uptake, especially as the company's tenth anniversary iPhone, launched in 2018, was widely seen as a failure.
Companies around the world set a third-quarter record in dividends paid but the annual growth rate decelerated sharply, a sign that “a marked slowdown is under way” in dividend growth, Janus Henderson said in its quarterly survey.
(Bloomberg Opinion) -- For much of the past decade, the digital media landscape has largely been defined by disruptive companies such as Facebook, YouTube and Netflix. In the case of Facebook and YouTube, those disruptors are now seen as problematic; both face accusations that their platforms have become venues for privacy invasion, misinformation, malicious foreign actors and domestic political extremism. As the federal government weighs regulating these companies this creates an opening for platforms that are well-policed with the potential to take market share from the incumbent bad actors. That suggests the introduction of Walt Disney Co.'s new Disney+ video-streaming service couldn’t have been better timed.Disruptive platforms grew to enormous size by doing pretty much whatever they could to attract both producers and consumers of content. Restrictions on what kinds of content could be published were barriers to growth while also raising thorny ethical questions about how platforms that claimed to be neutral could moderate content on their networks. Content moderation has a big drawback: It's expensive, whether that means building technology to monitor abuse or hiring humans to do the job. It's not too surprising that companies interested in holding down costs and maximizing profits might try to avoid those costs.And it's hard to untangle and design remedies for these problems because the platforms have gone global, with hundreds of millions if not billions of users. With competing and divergent interests among consumers, content producers, advertisers, politicians and shareholders, any change from the status quo is bound to run into opposition. The result is that change ends up being much slower than many might hope.That's where Disney+ comes in. Disney’s announcement on launch day that it had signed up 10 million subscribers indicates potential demand; it's possible that the platform could gain significant market share in the streaming wars much sooner than many anticipate. It gives young parents -- or anyone else not interested in the fire hose of trash on offer elsewhere -- a trusted platform to install on their kids' or their own smartphones and tablets. Every minute spent on Disney+ is a minute not spent on other digital media platforms, lessening the influence of the latter. As the clout of Disney+ grows at the expense of the competition, it could put pressure on the latter to clean up their collective acts and put in place more safeguards.The parallel to consider here is the evolution of the music industry. Until the launch of peer-to-peer music-file-sharing company Napster in 1999, the vast majority of consumers got their music through traditional channels -- mainly radio and CDs. Then Napster and other illicit services built off the BitTorrent platform made it easier for consumers to download MP3 files at a time when major corporations were reluctant to embrace the new technologies. But downloading MP3s often exposed consumers to other types of illegally-distributed content like video games and software. That made MP3s a sort of gateway drug to other dubious online activity and content.That era didn't last long. First, Apple introduced the iTunes store in 2003, which surged in popularity with the growth of first the iPod and later the iPhone. Then, music streaming services like Spotify followed, attracting tens of millions of users. Napster has since shut down, and though black market file-sharing services still exist, most consumers would find them too much of a nuisance to deal with when it's cheap and easy to buy or stream music legitimately.If we're lucky, Disney+ could mark the point when major tech corporations decide to take control of the media ecospheres they've created. There are now a plethora of streaming services with billions of dollars invested in them, giving consumers, particularly parents, choices without some of the downsides of the large, disruptive platforms. Content creators, major corporate partners and advertisers can focus their resources on platforms that have better reputations and aren't constantly in the news for moderation and data-privacy issues. Thriving in the future may require these disruptors to abandon the Wild West ways that powered their initial rise. And who would be bothered by that?To contact the author of this story: Conor Sen at email@example.comTo contact the editor responsible for this story: James Greiff at firstname.lastname@example.orgThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Conor Sen is a Bloomberg Opinion columnist. He is a portfolio manager for New River Investments in Atlanta and has been a contributor to the Atlantic and Business Insider.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
After the newest update from the Centers for Disease Control and Prevention had revealed that there have been 2,172 cases of serious lung injury related to vaping and 42 deaths, Apple Inc. (NASDAQ: AAPL) decided to remove all 181 vaping-related apps from its mobile App Store, Axios reported Friday. Apple has never accepted apps that sell vape cartridges, but it did offer apps that enable people to regulate the lighting and the temperature of their vape pens and apps with vaping-related news and content. Click here to sign up for our daily insider newsletter.
Netflix for $12.99, Disney+ for $70 a year, Hulu with no ads for $11.99, and add on HBO for $14.99… wait, how much is this all costing? Welcome to the next phase of the streaming wars.
The poster, who identified himself as David and declined to give his last name, told MarketWatch that he vented his frustrations on Reddit before going to bed on Thursday night because he was tired of seeing rave reviews from tech enthusiasts online that overlooked the fact that the Apple Card was “missing the basic functionality” of many other cards. David’s comments come three months after Apple’s hotly anticipated laser-etched, titanium card back by Goldman Sachs (GS) hit the market.
We believe one of the best tools for ordinary investors who are on the hunt for new ideas is 13F filings. Once every quarter hedge funds with at least $100 million in total positions in publicly traded US stocks/options are required to open the kimono and disclose the number of shares and the total value of […]