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Tag: Apple


Finance Tech, Liquidity

The Fed reveals which companies make its corporate-bonds shopping list

June 29, 2020

Via: Fortune

The 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

Apple fined $1.2 billion by French antitrust regulators over anti-competitive supplier deals

March 16, 2020

Via: Fortune

Apple 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 […]


Industries, Manufacturing

Apple’s iPhone maker expects its China plants to be operating normally within weeks

March 3, 2020

Via: Fortune

Hon 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 […]


Capital, Finance Tech

A week of corporate coronavirus warnings starts to quantify the economic toll of China’s outbreak

February 21, 2020

Via: Fortune

Supply 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 […]


Finance Tech, Trading

European chip stocks tumble on Apple warning, while HSBC slumps on profit slide

February 18, 2020

Via: Market Watch

European 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 […]


Enterprise, Industries

How Apple defied the odds to post the biggest quarterly profit ever

February 17, 2020

Via: Fortune

Well, 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 […]


News

Apple fined millions for slowing down old iPhones

February 10, 2020

Via: TechRadar

Apple 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 […]


Enterprise, Industries

Apple earnings: A year after holiday misfire, Apple is worth twice as much

January 28, 2020

Via: Market Watch

What 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 […]


Enterprise, Industries

Apple’s stock has now doubled in a year amid ‘impressive’ App Store sales data

January 9, 2020

Via: Market Watch

Shares 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 […]


Finance Tech, Trading

20 stocks to buy in 2020: Apple, Amazon and Disney are among favorites of Wall Street pros

December 30, 2019

Via: USA TODAY

After 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 […]


Finance Tech, Trading

Apple’s Brand Reputation Is the Latest Victim of the U.S.-China Trade War

September 19, 2019

Via: Fortune

The 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 […]


Industries, Others

Why Apple’s Sinking in the World’s Biggest Mobile Market—Data Sheet

September 13, 2019

Via: Fortune

Apple’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 […]


Industries, Manufacturing

Apple Admits Breaking Chinese Labor Laws in the World’s Largest iPhone Factory

September 9, 2019

Via: Fortune

Apple 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 […]


Enterprise, Industries

Intel’s earnings continue to drop, but Ice Lake and Apple sale could save the day

July 26, 2019

Via: TechRadar

Intel 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 […]


Enterprise, Industries

If Apple fails at this level, it would be a ‘big problem’ for the stock, technician says

July 2, 2019

Via: CNBC

Apple 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 […]


Enterprise, Industries

Apple Is Reportedly Asking Suppliers to Shift at Least 15% of Output from China

June 19, 2019

Via: Fortune

Apple 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 […]


Industries, Manufacturing

Apple Has a Backup Plan If the U.S.-China Trade War Triggers iPhone Tariffs

June 11, 2019

Via: Fortune

Apple 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 […]


Enterprise, Industries

Apple’s stock is surging, but Wall Street analysts thought earnings results were just ‘fine’

May 1, 2019

Via: CNBC

Apple’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

Apple’s stock is poised to do something it hasn’t done in 8 years

April 9, 2019

Via: CNBC

Apple’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

Apple Credit Card to Come With Juicy Rewards – But Only on the iPhone

March 26, 2019

Via: TheStreet

When 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 […]