1,783.86 +0.10 (0.01%)
After hours: 5:07PM EDT
|Bid||1,783.81 x 800|
|Ask||1,784.95 x 800|
|Day's Range||1,773.36 - 1,805.77|
|52 Week Range||1,307.00 - 2,050.50|
|Beta (3Y Monthly)||1.63|
|PE Ratio (TTM)||88.57|
|Earnings Date||Apr 24, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||2,080.05|
Apple announcing a new pipeline of products including a credit card, original TV streaming service and a news subscription platform. Yahoo Finance's Jackie DeAngelis and Constellation Research principal analyst Ray Wong discuss.
Apple's upcoming Apple TV Plus streaming service could be a hit if the company gets the pricing right.
Twitter's Latest: Podcasts, Asian Elections, Privacy, and More(Continued from Prior Part)Using podcasts to highlight successful advertising stories Twitter (TWTR) has been stepping up its challenge to Facebook (FB) in the chase for advertisers and
Apple (AAPL) and Amazon (AMZN) are two of the largest companies on the planet. The tech powers have reshaped industries and changed the way millions of people function on a daily basis. But today, Apple and Amazon face possible transition periods as they try to expand their offerings to drive growth. So which stock, AAPL or AMZN, is a better buy?
UPS said it started a new logistics service that delivers medical samples via unmanned drones through a collaboration with an autonomous drone technology company.
Currently trading at $360, we now need to reevaluate our positions (or lack of) in NFLX and assess if this seemingly exponential growth is going to continue. This behemoth in the subscription streaming services space is going to be facing some fierce competition for market share.
By Selecting People, Movies and TV Shows to Track on IMDbPro, Members Receive Instant Notifications about Production, Cast and Crew Updates
United Parcel Service's (UPS) growth story revolves around the e-commerce boom. High costs and trade war-related uncertainties, however, do not bode well.
Our brains are wired to like new things, even when they aren’t necessarily better than the old. In the world of investing, nothing is newer or can generate more excitement than an initial public offering—commonly ...
The profit and revenue growth of cloud computing companies stand out. The reason is "hyperscale" data center customers demand the highest performance products in software and hardware.
Key Tech and Media Updates: Apple, Netflix, Amazon, and Facebook(Continued from Prior Part)Amazon’s ad business has been on a tear Amazon’s (AMZN) digital ad business has grown exponentially in the past year or so, which has caused a small dent
Many larger retailers have started to hit back against Amazon, leveraging their network of locations to offer services like reserve in-store and quick returns.
These trading ideas allow traders to play a possible bounce in entertainment names after Viacom's renewed carriage deal with AT&T.
How Amazon and Alibaba Are Facing Competition(Continued from Prior Part)Monetizing Chinese consumers’ appetite for seafood Thai Union, a global seafood leader, is reportedly setting up a digital store on Alibaba’s (BABA) Tmall platform to sell
On March 25, Apple (NASDAQ:AAPL) held its first big event of 2019. This one was meant to be a game-changer. Monday's event was the coming out party for the company's highly anticipated subscription video streaming offering. It was also meant to mark AAPL's pivot to a services company -- instead of one where revenue and Apple stock value is heavily reliant on sales of hardware -- chiefly, the iPhone. However, the reaction to everything Apple announced has been decidedly underwhelming.Source: Apple How underwhelming? Netflix (NASDAQ:NFLX) was widely expected to face a tough competitor in AAPL's new Apple TV+ video streaming service. Finally! A competitor with really deep pockets. But instead of Netflix stock taking a hit on the announcement, the script was flipped: NFLX closed up 1.45% while Apple stock was down 1.2% at the end of the day. Here's why Apple's big event got such a "meh" reception. Apple TV+ is No Netflix Killer, and It Doesn't Even Have a PriceThe tentpole announcement of the March 25 Apple event was the company's plans for a subscription video streaming service. Netflix now has 139 million subscribers, paying anywhere from $8.99 to $15.99 per month. With those sort of numbers, the prospect of AAPL launching its own video streaming service to challenge Netflix had significant upside for Apple's services revenue.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Consumer Discretionary Stocks to Buy Now There were some wins that were part of the Apple TV+ announcement. The Apple TV app needed to access the content is being made available across a huge range of streaming devices -- including devices from competitors like Amazon (NASDAQ:AMZN) and Roku (NASDAQ:ROKU). That's a big move toward wide-stream adoption compared to AAPL's usual strategy of sticking with the iPhone, iPad and Apple TV. Plus, an impressive number of Hollywood stars are working on exclusives for Apple.The problem is there's no way to tell if anyone will be interested in subscribing. The company showed off some interesting new original shows coming with Apple TV+ but there was no mention of a library of licensed TV and movie content that would be available to subscribers. As Bloomberg notes, inking deals for this content is getting much more difficult than it was in the early days of video streaming. And there was no subscription price announced.At the end of the day, Apple's offerings boiled down to a TV app that offers Apple TV Channels -- which mostly serves to organize your various video subscriptions and services in a single spot. AAPL may offer discounted pricing on some of those services, but the company hasn't confirmed that. The TV app will also be the home of Apple TV+, which at this point is only a handful of original content, with no price.Netflix investors celebrated, while Apple stock paid the price. Other Subscription Services Failed to ImpressApple also announced several other subscription services. Apple News+ was expected to be about newspapers and daily news -- a fair assumption given that it lives in the News app -- but instead the company focused on magazines. Near the end of the announcement, it was noted that several prominent newspapers would be included in the $9.99 News+ subscription, but there are key holdouts that refuse to participate including The Washington Post and The New York Times.Apple Arcade is a video game subscription service that touts 100+ exclusive, high quality titles for Apple devices, with no ads and no in-app purchases required. Getting gamers to commit to paying for a monthly subscription runs contrary to the whole "casual gaming" market that Apple's App Store helped to launch. Apple Arcade is also going to be running head on into a growing number of subscription gaming services when it launches in the fall, including Stadia, from Alphabet's (NASDAQ:GOOG, NASDAQ:GOOGL) Google. The price? Apple didn't reveal what that subscription will cost. Why Apple Stock Took a HitApple's Services division is becoming increasingly important to the company's bottom line. Annual revenue for Services has more than doubled, from $18.1 billion to $39.7 billion in just five years. But to take the sting out of declining iPhone revenue -- which was nearly $52 billion in Q1 alone despite a 15% decline -- Apple's subscription services need to ramp up even more quickly. * 10 Tech Stocks With Key Products That Face an Uncertain Future What the company announced on Monday left as many questions as answers. Worse, there was nothing that stood out as a must-have or killer service, and there was an overall impression that AAPL is running into challenges negotiating with content partners. The lack of pricing on key subscriptions makes it all but impossible to even try to estimate the revenue potential at this point. Subscriptions and services have real upside potential for Apple stock, but with so many unanswered questions, the immediate market reaction had the opposite effect. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Dual-Class Stocks That Will Outperform * 7 Reasons Why Apple Streaming Won't Move the Needle for Apple Stock * 7 A-Rated Stocks to Buy in the Second Quarter Compare Brokers The post Appleas Big Event Failed to Impress Investors appeared first on InvestorPlace.
The Apple Card is the iPhone maker's latest foray into financial services and it has teamed with Goldman Sachs and Mastercard to make it stick.
The Dow Jones industrials soared more than 200 points in today's stock market. Apple stock looked to regain its long-term 200-day line Tuesday.