|Bid||316.64 x 1000|
|Ask||316.85 x 800|
|Day's Range||315.65 - 318.49|
|52 Week Range||151.74 - 319.99|
|Beta (5Y Monthly)||1.24|
|PE Ratio (TTM)||26.69|
|Earnings Date||Jan 27, 2020|
|Forward Dividend & Yield||3.08 (0.97%)|
|Ex-Dividend Date||Nov 05, 2019|
|1y Target Est||290.15|
For those glued to gym equipment, however, things get trickier. GPS can’t really do its job detecting distances, and machines like the elliptic tend to be even trickier. Recent generations of the Apple Watch and WatchOS have worked to bridge the gap, with more sophisticated workout detection and the addition of GymKit in 2017.
BRUSSELS (Reuters) - iPhone maker Apple on Thursday pushed back against EU lawmakers' call for a common charger, warning the move could hamper innovation, create a mountain of electronic waste and irk consumers. Apple's comments came a week after lawmakers at the European Parliament called for a common charger for all mobile phones and amended a draft law to say the ability to work with common chargers would be an essential requirement for radio equipment in the bloc. A move to a common charger would affect Apple more than any other companies as its iPhones and most of its products are powered by its Lightning cable, whereas Android devices are powered by USB-C connectors.
There, high on the chart, ahead of winners including Dove, Tide, Ziploc, Crest and Clorox, are two tech giants that have been battered with enough bad press to make any company want to hide under a large rock: Amazon (AMZN) is No. 2 and Google (GOOG)(GOOGL) is No. 3. On Slate’s just-released “Evil List” of tech companies that do the most harm, Amazon and Alphabet (Google’s parent company) rank numbers one and three, respectively. Neither Amazon nor Google have exactly been roughed up quietly in a back alley for their behavior.
AMD's fourth-quarter results are likely to reflect deal wins on strength in EPYC server processors and uptick in holiday sales amid increasing expenditure on product development.
Xilinx's (XLNX) Q3 fiscal 2020 earnings are likely to have gained from the Solarflare buyout. However, the impact of the Huawei ban and other trade-related anxieties might have been deterrents.
Growth in software solution is likely to have driven F5 Networks' (FFIV) first-quarter fiscal 2020 results. However, seasonal contraction in margins is expected to have been an overhang.
Tom Plumb of Wisconsin Capital Management says growth-stock valuations aren’t overly high and expects investors to keep paying up for the most successful companies.
French President Emmanuel Macron has struck a deal with U.S. President Donald Trump and Paris has suspended its tax on the internet giants. Meanwhile, the U.K. is playing hardball.
With threats of a trade war on the back burner, investors' sentiment on the tech sector has improved. Moreover, many tech companies are issuing more positive than negative guidance.
Amazon has boosted its position as the world’s most valuable brand surpassing Google, Apple and Microsoft, according to a global report.
France and the United States agreed on Thursday how to press ahead with a global rewrite of cross-border tax rules for the digital era, French Finance Minister Bruno Le Maire said. Le Maire said he and U.S. Treasury Secretary Steven Mnuchin had set aside a bilateral dispute over France's digital tax on big tech companies to focus on securing a broader global deal this year that would include a minimal corporate tax rate.
(Bloomberg) -- Sign up here to receive the Davos Diary, a special daily newsletter that will run from Jan. 20-24.The hack of Amazon.com Inc. billionaire Jeff Bezos’s phone, allegedly via a WhatsApp message, brings to light potential security weaknesses in smartphone operating systems, Facebook Inc. vice president Nicola Mendelsohn said.“One of the things that it highlights is actually some of the potential underlying vulnerabilities that exist on the actual operating systems on phones,” Mendelsohn said in a Bloomberg Television interview with Francine Lacqua at the World Economic Forum in Davos, Switzerland on Thursday.Bezos’s iPhone may have been hacked after he received a message via Facebook’s WhatsApp messaging platform, from Saudi Arabia’s Crown Prince Mohammed Bin Salman, according to a November 2019 report by FTI Consulting Inc., a business advisory firm, which was published by Vice.The message included a 4.22 MB video. Within hours of receiving it, “a massive and unauthorized exfiltration of data from Bezos’s phone began,” according to the report. The Saudi Embassy has denied involvement in the hack, calling the allegations “absurd.”Apple Inc. did not immediately respond to a request for comment.Read more about the Bezos hack here.Mendelsohn, who helps run Facebook’s Europe, Middle East and Africa business, said that the company would take any allegations that its service was used in a hack very seriously and would look into it, but said the company couldn’t “comment on any individual story.”It’s not the first time WhatsApp’s been drawn into a hacking controversy. WhatsApp in November sued Israeli spyware maker NSO Group, accusing it of infecting phones of some users through the messaging app. The lawsuit said that NSO Group used a vulnerability in WhatsApp, since patched, to secretly deliver its surveillance software to users. NSO denied the claims in the lawsuit and said it would “vigorously fight them.”To contact the reporter on this story: Amy Thomson in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Giles Turner at email@example.com, Nate LanxonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
French Finance Minister Bruno Le Maire said on Thursday that France had reached an agreement with the United States on the basis for future talks over a global digital tax, at the OECD-level. "We had long talks this morning with the U.S. Treasury Secretary and the OECD Secretary General, and I am happy to announce to you that we have found an agreement between France and the United States, providing the basis for work on digital taxation at the OECD," Le Maire said at the World Economic Forum in the Swiss resort of Davos.
French Finance Minister Bruno Le Maire is optimistic of reaching a deal on a global tax on digital companies, despite an initial failure to agree one with the United States. "We are moving in the right direction," Le Maire told Reuters TV at the World Economic Forum in the Swiss ski resort of Davos on Thursday, adding that he thought France was close to striking an agreement with the United States.
(Bloomberg) -- Apple Inc.’s iPhone shipments in India grew 6% in 2019 compared with a 43% decline in the previous year, stabilizing its position in a rare market that still exhibits growth in smartphone demand.Discounting the iPhone XR by $250 in the middle of the year made it Apple’s best-selling phone in the country, according to Counterpoint Technology Market Research. The fall introduction of the iPhone 11, with a reduced starting price, “helped to gain share during the festive season and in its launch quarter in India,” the researchers added.In a country where the annual per-capita income barely exceeds $2,100, an iPhone with a four-figure price tag is an out-of-reach aspirational object for most. Apple is having to go up against Android rivals averaging prices below $200 and its market share is correspondingly low: of the roughly 158 million smartphones shipped in India in 2019, Apple sold less than 2 million.“Apple is shifting focus from older-generation iPhones to selling the latest models and that is a big change,” said Tarun Pathak, a Gurgaon-based associate director at Counterpoint. The iPhone 11 family of devices arrived in India a month after its global launch, a significant acceleration on previous years.New Low-Cost IPhone Said to Enter Production in FebruaryAdditionally, Apple is set to unveil a successor to the iPhone SE in March, Bloomberg News has reported, which will offer its latest processor and software at a lower cost. The original iPhone SE of 2016 started life at a $399 price point, which, while still premium by Indian standards, would be more attainable than the flagship iPhone price.Counterpoint’s data indicates that India’s premium segment is growing at a 20% rate, almost doubling the roughly 10% growth of the local smartphone market overall, which suggests greater opportunity for Apple. Pathak said that Apple is “making it even more affordable to Indians by selling at zero-interest monthly installments.”While Apple has managed to reverse the massive slide of 2018, its 2019 shipments are still down more than a quarter from 2016. The iPhone maker continues to struggle to make headway in India against cheaper smartphones from the likes of OnePlus and Samsung Electronics Co.Over a year ago, the U.S. phone maker revamped its distributor partnerships and started assembling in India through its partners Hon Hai Precision Industry Co. and Wistron Corp., helping it avoid hefty import duties of 20%. The company has also been eyeing locations for brick-and-mortar Apple stores in India, showing renewed interest in the fast-growing market.“In 2020, Apple will go all-out on India,” Pathak said.To contact the reporter on this story: Saritha Rai in Bangalore at firstname.lastname@example.orgTo contact the editors responsible for this story: Edwin Chan at email@example.com, Vlad Savov, Colum MurphyFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Britain wants a trade deal with the United States but will impose a digital service tax on the revenue of companies such as Google, Facebook and Amazon, business minister Andrea Leadsom said on Thursday. "The United States and the United Kingdom are committed to entering into a trade deal with each other and we have a very strong relationship that goes back centuries so some of the disagreements that we might have over particular issues don't in any way damage the excellent and strong and deep relationship between the U.S. and the UK," Leadsom told Talk Radio.