June 29, 2020
Via: FortuneThe Federal Reserve on Sunday released a list of roughly 750 companies, including Apple, Walmart and ExxonMobil, whose corporate bonds it will purchase in the coming months in an effort to keep borrowing costs low and smooth the flow of […]
Industries, News, Retail & Wholesale
March 16, 2020
Via: FortuneApple Inc. was fined a record 1.1 billion euros ($1.2 billion) by French antitrust regulators for anti-competitive agreements with suppliers that thwarted independent resellers. The French competition authority also fined two of Apple’s wholesalers — Tech Data and Ingram Micro […]
March 3, 2020
Via: FortuneHon Hai Precision Industry Co., Apple Inc.’s most important manufacturing partner, expects its Chinese plants to begin operating normally by the end of March after resolving severe labor shortages brought on by the coronavirus outbreak. The Taiwanese company, which assembles […]
February 21, 2020
Via: FortuneSupply lines have been disrupted, consumption has dropped, and demand for services has diminished. As containment measures taken against the spread of Covid-19 in China weigh on the global economy, international business is beginning to quantify the economic blow the […]
February 18, 2020
Via: Market WatchEuropean stocks came under pressure on Tuesday, with chip makers heading south after Apple warned it will miss its quarterly revenue target due to coronavirus fallout, while shares of HSBC slid as it announced a profit slump and suspension of […]
February 17, 2020
Via: FortuneWell, the bears blew this call. Many on Wall Street worried Apple was stagnating at this time last year, pinned under the weight of slowing iPhone sales and a failure to produce new market-dominating products. The stock fell 38.8% from […]
February 10, 2020
Via: TechRadarApple has been hit with a multi-million dollar fine for deliberately slowing down older iPhone models via a software update. The €25 million ($27 million) punishment was issued by France’s competition and fraud watchdog DGCCRF, which found Apple did not […]
January 28, 2020
Via: Market WatchWhat a difference a year makes. After flubbing the holiday period a year ago, Apple Inc. AAPL, +1.76% is sitting pretty as it prepares to update investors on what could be a record quarter of sales. The company’s stock has […]
January 9, 2020
Via: Market WatchShares of Apple Inc. surged to another record high Wednesday, and have now doubled over the past year, in the wake of the company’s report on its app store sales. The technology behemoth AAPL, +1.61% said Wednesday that App Store […]
December 30, 2019
Via: USA TODAYAfter a stellar 2019, investors look ahead to 2020 for stock picks. Analysts are skeptical that the stock market’s gains, which are at more than 20% in 2019, will remain in the double-digit percentage range next year. They expect volatility […]
September 19, 2019
Via: FortuneThe trade war is taking its toll on Apple Inc., a new survey of Chinese consumer attitudes shows. The company tumbled to No. 24 in an annual report on China’s top brands, falling from No. 11 a year ago. In […]
September 13, 2019
Via: FortuneApple’s newest iPhones sport faster processors, more cameras, and a lower price in the base models. But don’t count on those features to revive the company’s fortunes in the all-important China market, where customers don’t want to wait for 5G […]
September 9, 2019
Via: FortuneApple Inc. and manufacturing partner Foxconn violated a Chinese labor rule by using too many temporary staff in the world’s largest iPhone factory, the companies confirmed following a report that also alleged harsh working conditions. The claims came from China […]
July 26, 2019
Via: TechRadarIntel just released its earnings for the second quarter of the 2019 fiscal year, and while the results beat analyst expectations and lead to an improved full-year outlook, it still shows a year-on-year drop. First, the good news: the results […]
July 2, 2019
Via: CNBCApple shares raced into July. The stock surged 2% on Monday, adding to a nearly 30% advance for the year, after a pause on additional tariffs between the U.S. and China reignited hopes of trade progress. Its rally now faces […]
June 19, 2019
Via: FortuneApple Inc. has asked its largest suppliers to consider the feasibility of shifting 15% to 30% of its output from China to Southeast Asia in a dramatic shake-up of its production chain, the Nikkei reported. The U.S. tech giant asked […]
June 11, 2019
Via: FortuneApple Inc. has a backup plan if the U.S.-China trade war gets out of hand. The Cupertino, Calif.-based company’s primary manufacturing partner has enough capacity to make all iPhones bound for the U.S. outside of China if necessary, according to […]
May 1, 2019
Via: CNBCApple’s stock is surging after reporting first-quarter earnings, but Wall Street analysts were more breathing a sigh of relief than cheering the results. The company said iphone sales dropped 17% in the quarter, but upbeat commentary from CEO Tim Cook […]
Enterprise, Finance Tech, Industries, Trading
April 9, 2019
Via: CNBCApple’s stock is on quite the winning streak. Shares of the tech giant are up in morning trading on Tuesday, putting it on pace to post their 10th straight day of gains. That hasn’t happened since October 2010. The rally […]
Finance Tech, Financial Services, Industries, Mobile Banking & Payments
March 26, 2019
Via: TheStreetWhen people talk about the future, what they usually care most about is what that means for people — how they’ll live, if they’ll adapt. Apple (AAPL – Get Report) has helped to transform human behavior so that now nearly […]