|Bid||1.8900 x 28000|
|Ask||1.9300 x 4000|
|Day's Range||1.8900 - 1.9400|
|52 Week Range||0.9000 - 2.9800|
|Beta (5Y Monthly)||0.55|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 22, 2023 - Feb 27, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||3.50|
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Globalstar CEO David Kagan joins Yahoo Finance Live to discuss Apple's investment in Globalstar for its Emergency SOS.
The company posted third-quarter revenue of $63.1 million, compared with $5.3 million a year ago, and shrunk its net loss to $34.6 million from a loss of $88 million.
Apple Inc (NASDAQ: AAPL) committed $450 million of its Advanced Manufacturing Fund to support the critical infrastructure powering Emergency SOS via satellite, the groundbreaking safety capability for the iPhone 14 lineup. Available to customers in the U.S. and Canada shortly, the new service will allow iPhone 14 and iPhone 14 Pro models to connect directly to a satellite, enabling messaging with emergency services when outside of cellular and Wi-Fi coverage. Most of the funding goes to Globalst