|Bid||191.30 x 900|
|Ask||191.40 x 800|
|Day's Range||190.91 - 191.84|
|52 Week Range||147.30 - 194.20|
|PE Ratio (TTM)||18.51|
|Forward Dividend & Yield||2.92 (1.57%)|
|1y Target Est||N/A|
Apple's updated MacBook Pros, analysts' underwhelming outlook for Netflix stock, and Amazon's possible foray into networking hardware were some of the top stories in tech this week.
Apple Inc.’s most recent iPhone lineup may not have launched with the momentum that investors initially hoped for, but analysts say it has had staying power.
Apple Inc. has lost a trio of pivotal executives in India in recent weeks as it struggles to boost iPhone sales in the world’s fastest-growing major smartphone market, people familiar with the matter say. Apple’s Indian sales team is now undergoing a restructuring, one of the people said. The executive exodus is a symptom of Apple’s persistent malaise in India, where high tariffs inflate the price tags of imported gadgets such as the iPhone and consumers gravitate toward cheaper alternatives from the likes of Xiaomi Corp. and Samsung Electronics Co. Instead, the company resorts to marketing iPhones that are a few generations old and doesn’t manufacture its latest models domestically, thereby incurring import levies.
Being an Apple fan is an expensive hobby. Earlier this week, Apple refreshed its MacBook Pro lineup, and as The Verge pointed out, the most expensive model now costs just shy of $6,700. It’s the most expensive MacBook Pro the company has ever released, if likely not the most popular. Apple is no stranger to…
will soon overtake Spotify in paid US music subscriptions struck a plaintive chord for those of us who are paid to care. Betting the favourite is never fun — and rooting for Apple is like rooting for gravity. Mr Ek has said he believes music streaming is not a winner-take-all model.
If every tree falling in every forest might soon be heard by an internet-connected microphone, what hope is there for our privacy? Add in the latest smart wireless headphones—Apple’s expected next-generation AirPods or competing ones from Bose or Shure—along with talking microwave ovens and TVs from Samsung, LG and others, and anyone at home or in an open-plan office could soon be within earshot of hundreds of microphones. For a hundred years, microphones consisted of a relatively large membrane whose vibrations were converted to electrical impulses.
Facebook Inc. has sent another signal that it’s serious about building its own semiconductors, joining Apple Inc., Alphabet Inc.’s Google, and Amazon.com Inc. in trying to make its own custom chips. The social-networking giant this month hired Shahriar Rabii to be a vice president and its head of silicon. Rabii previously worked at Google, where he helped lead the team in charge of building chips for the company’s devices, including the Pixel smartphone’s custom Visual Core chip, according to his LinkedIn profile.
The Nasdaq 100 just hit another all-time high, as did the amount of people quoting the percentage of the index's gains that are from its top five components. There are 51 stocks down since the Nasdaq 100's initial peak on Jan. 26, meaning that there is opportunity on both sides of the tape if you're so inclined. What it also tells us is that it doesn't pay to get ideological about how large components like Apple Inc. ( AAPL), Amazon.com, Inc. ( AMZN) and Google parent Alphabet Inc. ( GOOG) have become.
Johnson & Johnson (NYSE:JNJ) is on the hook for $4.7 billion after a Missouri court determined its talcum powder caused ovarian cancer in 22 women. Bolstering those odds of a successful appeal from Johnson and Johnson is a lot of inconclusive science about the connection between talc and ovarian cancer. The question at hand, of course, is whether or not talc causes cancer.
Adobe Photoshop (NASDAQ:ADBE) may soon be available for free in every version of Apple’s iPads (NASDAQ:AAPL) starting in 2019, according to a recent report.
BRUSSELS, July 13 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Irish carrier Ryanair to acquire ...
Goldman Sachs has put together a tidy list of companies (see below) with heavy revenue exposure to Europe and China. It's these companies, and others like them, that have the most to lose if trade relations really turn south this summer. -- two long-time Action Alerts PLUS holdings -- are on Goldman's list.
Shares of wearables maker Fitbit (NYSE:FIT) were red-hot in May and early June. Fitbit’s latest and greatest smartwatch, Versa, is awesome, but not awesome enough to change the landscape of the smartwatch market that is over-crowded with competitors and dominated by Apple (NASDAQ:AAPL). Thus, the data side of the wearables industry is commoditized, and Fitbit could inevitably be squeezed out of that, too.
It’s been a dispute for a long time, of course: Can Apple (AAPL) still innovate? Bernstein analyst Toni Sacconaghi today takes a crack at the matter, noting a “surge” in Apple’s R&D expenditures to $12.7 billion last fiscal year—more than all the money it spent from 1998 to 2011, “a period in which it introduced the iPod, iPad and iPhone." And the amount it’s spending is rising faster than the company’s revenue is growing. "While Apple's current R&D spending is large, our benchmarking analysis suggests that Apple appears to still be underspending on R&D today, perhaps by a factor of 2x," he writes.
Leading the Apple (NASDAQ:AAPL) rumor mill today is news of LG supplying LCD screens to AAPL. LCD Screens: A recent report claims that LG will be supplying Apple with LCD screens for one of its 2018 iPhone devices, reports 9to5Mac. According to this report, the company will be providing the LCD screens for AAPL’s 6.1-inch iPhone.
Semiconductor stocks have been hot this year — sometimes unreasonably so. Since hitting a high north of $45 back in late January, TSM stock has been the dog of the semiconductor sector. The shares are down more than 20% during this period, compared to rallies in a majority of Taiwan Semi’s competitors, including Advanced Micro Devices (NASDAQ:AMD) and Micron (NASDAQ:MU).
Here's a quick rundown of Apple's upgrades to its 15" and 13" MacBook Pro 2018 laptops. Also, find out the one big MacBook Pro grievance that is still not resolved.