Tag: Apple

March 18, 2019

In the latest chapter of ongoing issues between Apple and Qualcomm, the latter has won a patent infringement case against Apple in San Diego. A jury there found that the iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus […]

March 11, 2019

Bank of America upgraded Apple shares to buy from neutral on Monday, saying the recent pullback in the stock “presents opportunity.” The bank also raised its 12-month price target to $210 from $180. Apple’s shares rose 1.7 percent in premarket […]

January 31, 2019

If you ever check bitcoin prices on a cryptocurrency exchange, make sure you delete your digital cookies. Failing to do so may put your personal data like passwords, credit card information, and saved iPhone text messages on your Mac computer […]

January 30, 2019

Many analysts had a “better than feared” response to Apple’s earnings, largely breathing a sigh of relief despite a revenue decline, lower profit and downbeat outlook. Analysts also mostly shrugged off that Apple for the first time was no longer […]

January 3, 2019

The health of the Chinese economy is becoming a big worry for some international firms. Buffeted by the ongoing trade war between Beijing and Washington — not to mention an already-anticipated slowdown in domestic growth engines — the world’s second-largest […]

December 6, 2018

Apple shares have taken a beating of late, and a growing roster of Wall Street analysts say a slowdown in its iPhone cycle is to blame. But the reason for the slowdown may be more straightforward than investors think, according […]

December 5, 2018

Apple’s stock woes look set to continue after the iPhone maker’s suppliers tumbled on fears about “market saturation” and future demand. The Cupertino, California-based company’s shares were down slightly in premarket after falling 4.4% on Tuesday — underperforming a particularly […]

November 13, 2018

Shares of Apple Inc. took a dive Monday to a 3 1/2-month low, as a profit and revenue warning from an optical equipment supplier suggested investor worries that iPhone demand may be weakening was becoming reality. Apple’s stock AAPL, -0.52% […]

November 6, 2018

Apple has long been a market darling, but it’s gotten sliced and diced recently. Shares of Apple were trading higher on Tuesday, but the stock has sunk 13 percent from its all-time high hit last month, shedding $145 billion in […]

September 20, 2018

A three-story brick building in a low-crime Brooklyn neighborhood in New York City was the first U.S. stop on an international route used to ship thousands of potentially dangerous counterfeit Apple electronics to America’s consumer market. The knockoff power adapters […]

August 3, 2018

U.S. major stock-index benchmarks saw muted trade Friday, a day after investors scored a boost from the technology and internet-related sector after Apple Inc. became the first U.S. public company to surpass a market capitalization of $1 trillion. However, all […]

August 2, 2018

Wednesday wasn’t just a good day for Apple. The company, whose shares jumped nearly 6%, also earned Warren Buffett a nice payday. The billionaire philanthropist’s Berkshire Hathaway (BRK-B) reportedly owns 239.6 million shares of Apple as of the end of […]

July 13, 2018

Apple is charging up its renewable energy credentials in China. The iPhone maker said Thursday that it was launching a $300 million fund that will identify and invest in clean energy projects in the world’s second biggest economy. Apple (AAPL) […]

June 8, 2018

Apple shares fell 2 percent in U.S. premarket trading on Friday, after a report said the firm told its supply chain to make 20 percent fewer parts for iPhones in the second half of 2018. The Nikkei newspaper, citing unnamed […]

June 5, 2018

U.S. stock futures were rising modestly on Tuesday, with technology shares poised to potentially lead the gains again on the heels of the Nasdaq’s first record finish in months. A smattering of economic data is en route, including the Institute […]

May 4, 2018

Shares of Apple rose more than 1% in early trading Friday after billionaire investor Warren Buffett said he’d added 75 million shares of the tech giant’s stock to his portfolio. The new stake, coupled with the firm’s 165.3 million shares […]

April 4, 2018

Not long after Google confirmed that early employee Jeff Dean was taking over from senior vice president of engineering John Giannandrea, it became clear where Giannandrea was going: Apple. As reported by The New York Times late Tuesday, Giannandrea will […]

March 26, 2018

Tim Cook is back in China. He visited for years when he oversaw the development of Apple’s vast, China-centric supply chain. He returned repeatedly as Apple has built up a critical retail business selling high-end phones to China’s status-conscious middle […]

February 15, 2018

Shares of Amazon rose 2.57% Wednesday, sending its market value higher than Microsoft for the first time. The e-commerce behemoth is now the third-largest company in the US, behind only Apple ($849.24 billion) and Google parent Alphabet ($744.73 billion), according […]

January 22, 2018

IPhone demand will disappoint this year, according to another Wall Street analyst. Atlantic Equities lowered its rating for Apple shares to neutral from overweight on Monday, predicting weaker-than-expected sales for the company’s March quarter. This follows a downgrade of the […]