Hardware & electrical equipment
Apple said to be developing wireless charging version of the iPad Pro
Apple was very, very late to the wireless charging party but seems now to be getting the hang of it.
Company
Apple Inc
NASDAQ:AAPL
Apple Inc designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories and sells a variety of related services. The company's product categories include iPhone, Mac, iPad and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS and tvOS. Apple's services include advertising, AppleCare, cloud services, digital content and payment services.
1385 stories · page 7 of 14
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Dow plunges nearly 475 points; Nasdaq buoyed by late tech gains
The Nasdaq initially appeared headed for a soundly negative session, but big tech found its footing as the day went on
Hardware & electrical equipment
Apple slapped with UK class action over app payments
Apple generates “unlawfully excessive levels of profit” from app store payments according to claims
A bite of Apple to mark latest Big Tech earnings, Facebook opens its account books
The iPhone maker and the social networking giant are due to report quarterly numbers after Wednesday's close on Wall Street
Hardware & electrical equipment
Apple unveils new iMac and iPad Pro ranges in latest product launch
The tech giant also announced its new range of AirTag tracking devices as well as well as a new paid subscription capability for its podcast app
Hardware & electrical equipment
Apple’s MacBook and iPad production hit by computer chip shortages
The tech giant has reportedly postponed some iPad assembly due to a shortage of display components, while a lack of chips has also delayed a key step in the MacBook production cycle
Hardware & electrical equipment
Apple's electric car plans are key for big upgrade from UBS
The real option value of Apple's move into the BEV space is worth at least an incremental $14 share
Hardware & electrical equipment
Apple under investigation by the Competition and Market Authority
Apple takes a more totalitarian approach to its App Store compared to Google
VW is top candidate for Apple Car parnership, says broker Wedbush
Believing it is a matter of "when not if" Apple will enter the EV race over the next few years, the analysts gave an 85% chance that the iPhone maker will announce a collaboration in the next three to six months
Apple spat with Fortnite developer Epic Games reaches EU regulators
The video game publisher has filed a complaint with the bloc's antitrust watchdog in connection with a dispute over the tech giant's payment system rules for its App Store
Hardware & electrical equipment
Apple plans for autonomous electric car look less firm after South Korea’s Hyundai says no longer in talks with the tech giant
Apple, which is known to keep product plans under tight wraps, has never acknowledged talks with the Korean automaker about building vehicles
Apple close to agreeing deal with Hyundai-Kia over launch of electric car - reports
Hyundai confirmed last month that the two parties were in early-stage talks
Apple chief attacks social media as war of words with Facebook intensifies
Apple’s iOS 14 requires app developers to get permission to track user behaviour.
Hardware & electrical equipment
Apple revenues breach US$100bn for the first time
The tech giant reported sales for its first quarter of US$111.4bn, up 21% year-on-year, while quarterly EPS jumped 35% to US$1.68, both of which were ahead of market forecasts
Hardware & electrical equipment
Apple's $100bn sales, Tesla battery plans and Facebook churn - what to watch for as big tech report
Analysts expect iPhone maker's quarterly sales to top US$100bn for the first time
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Big Tech earnings and Fed rates decision to dominate on Wednesday
Most action mid-week will be stateside as investors await earnings from Apple, Tesla and Facebook, while the UK diary is scheduled to see updates from Fresnillo and Tullow Oil
Apple and Hyundai in talks over electric vehicle venture whilst Musk’s Tesla charges on
Early-stage talks are taking place, that much has been confirmed by Hyundai.
Will tech stock dominance last forever?
The world's tech firms have been rare winners amid the volatility of 2020, but can the bull market continue to run into the new year?
Hardware & electrical equipment
Apple bobs higher as it hikes iPhone production forecast
The tech giant is reportedly planning to produce around 96mln iPhones in the first half of 2021, a 30% rise year-on-year
Biden claims the presidency but agenda already faces roadblocks
The former vice-president has become president-elect following an uncertain election week, however, his policy plans are already looking like they could be scaled down in the face of a divided Congress
‘Mauve’ US election result is good news for Apple, Google and the rest of Big Tech
With Republicans almost certain to retain control of the Senate and thus continue to divide Congress, the chances of substantial regulation of the sector have dropped sharply
For Apple, Google and the rest of Big Tech, a Biden election victory could be the worst outcome
If the Democratic candidate secures victory in Tuesday's vote, the tech giants could find themselves under renewed regulatory pressure
Archive
US stocks fall sharply as tech tanks amid rising COVID-19 rates
For the week, the DJIA and S&P 500 fell 6.5% and 5.6%, respectively, while Nasdaq lost more than 5%
Hardware & electrical equipment
Apple delivers record quarterly revenues as home working boosts demand for Macs and iPads
Despite the top-line figure, the group also reported a sharp fall in iPhone sales, which was attributed to the delayed launch of its new range of smartphones
Apple, Alphabet, Amazon and Facebook release earnings in blockbuster Thursday
The tech giants will draw a large amount of investor attention as many prepare to cash in on the Christmas period, while others face battles with regulators and politicians over their practices
Apple steps up development of search engine technology in potential rival to Google
The tech giant's move comes as US antitrust regulators pressure Google over a multi-billion dollar deal with Apple to give its search engine default status on iPhone's and other products
Archive
US stocks end mixed as investors weigh coronavirus stimulus package negotiations
For the week, the S&P 500 lost 0.5% while the Dow and Nasdaq dipped 0.95% and 1.1%, respectively
Hardware & electrical equipment
Apple unveils new iPhone 12 smartphone range
The four new devices will introduce 5G to Apple's flagship phone for the first time, while the tech giant also announced the HomePod mini, a smaller version of its HomePod smart speaker
Apple and tech sector ready for launch of new iPhone
The tech giant is expected to unveil its new iPhone 12 range of smartphones, while there are also rumours of over-the-ear headphones and Bluetooth tracking tags
US stocks end lower as potential coronavirus treatments hit a roadblock
The Dow Jones Industrial Average snapped a 4-day winning streak
Investments and investor services
US stocks close sharply higher on stimulus talks as tech shares outperform
Apple jumped 6.35% in a run-up to a key event Tuesday when the tech giant is expected to unveil its first 5G iPhone
Hardware & electrical equipment
Apple stock shows slight hangover after new product reveals
An iPad, two watches and fitness app were revealed at Tuesday's online presentation.
Archive
US stocks close higher on the strong performance of tech stocks
But financials and consumer staples weighed on the blue-chip DJIA
US bans on Xinjiang products could spell trouble for Apple
The tech giant has a number of companies in its supply chain that are alleged to have used forced labour from the Chinese province, where around 1mln Uyghur muslims are estimated to be detained in concentration camps
Archive
US stocks fall as S&P 500 posts its worst single-session in nearly three months
But Apple, which was down as much as 8.3% during the day, closed up slightly to $120.96 a share
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US stocks hit new record closing levels as the three major indices extended gains
The three major indices extended gains in afternoon trading Wednesday
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Tesla and Apple carry the Nasdaq into the green as Wall Street closes out strong month
The Dow Jones and S&P 500 slipped below opening levels but still posted one of the best months of the past few years
Fortnite’s latest update blocked for Apple users amid legal spat
Players of the game on Mac, iPhone and iPad will be unable to access the Marvel superhero-themed update due to an ongoing dispute between Epic and Apple over the latter's policies for products listed on its App Store
Hardware & electrical equipment
Apple stock advances ahead of stock split
Apple shares will split four ways for investors holding the stock upon Monday's close.
As Apple Inc tops $2trn mark which companies are next in line for the trillion dollar club?
“If everyone is paying more for safety, then the asset class becomes increasingly less safe as a result if things turn sour,” says one analyst
Archive
Nasdaq hits all-time high and S&P 500 snaps 3-day losing streak as Tesla stock continues its ascent
The tech-heavy Nasdaq Composite Index hit 11,264, up 1.06%
Fortnite maker Epic Games sues Apple and Google over game’s removal from app stores
The video game developer said it is not seeking money from the tech giants in its lawsuit, but rather injunctions that will end certain rules on their app stores which it said allow monopolistic practices
Hardware & electrical equipment
Apple boss becomes a billionaire as share price climbs
Tim Cook has been chief executive since 2011 and at the company since 1998
Apple results hit new record defying fears of pandemic slowdown
The tech giant saw smartphone sales boosted by the launch of its iPhone SE in April, while the home working boom lifted demand for iPad and Macs
'Tera-caps' Apple, Microsoft, Amazon and Alphabet will continue to get bigger and bigger
Microsoft, Amazon, Alphabet and Tesla are all reporting in the coming week
Hardware & electrical equipment
Apple wins €13bn tax case against EU regulators
A ruling by the EU's General Court said there was not enough evidence to prove that Apple had minimised its tax bill or broken state aid rules
Arm Holdings mulled for IPO by parent SoftBank
The possible float of the chipmaker comes as SoftBank looks to shore up its finances following the US$18.5bn bailout of WeWork last year
Hardware & electrical equipment
Samsung predicts profit jump for second quarter as pandemic boosts chip demand from data centres
The tech giant is estimating an operating profit for the period equivalent to around £5.4bn, up from £4.4bn in the prior year
Hardware & electrical equipment
Apple target hiked by UBS following WWDC announcements
The tech giant has unveiled software overhauls for its iPhone, iPad, Mac and smartwatch products
Apple’s App Store and Apple Pay targeted by EU antitrust regulators
The investigations have been launched in response to a complaint over Apple's practices from Swedish music streaming platform Spotify
Hardware & electrical equipment
Apple withdraws guidance as coronavirus hits iPhones sales but services surge
Quarterly earnings per share rose 4% to US$2.55 on a fully diluted basis, which was better than Wall Street’s US$2.26 consensus forecast
Hardware & electrical equipment
French antitrust authorities fine Apple $1.2B for anti-competitive behavior
The French Competition Authority, in its biggest-ever sanction, said the iPhone-maker was guilty of creating cartels within its distribution network
Hardware & electrical equipment
Apple shares boosted by Chinese store announcement; Wedbush repeats 'Outperform'
The branded stores in China were shuttered over a month ago amid the coronavirus crisis
Deutsche remains 'on sidelines' over iPhone giant Apple after it warns on March quarter
It repeated a 'hold' on the tech titan and cut the target to US$295 from US$305 previously
Hardware & electrical equipment
S&P/ASX 200 futures slightly up as US markets regain early losses
S&P 500 Index closed down 0.29% while the Nasdaq Composite closed up 0.01%, gold also moved strongly.
Hardware & electrical equipment
Apple warns over sales as coronavirus hits Chinese demand
“Worldwide iPhone supply will be temporarily constrained," said the tech titan
NexTech AR Solutions adds Apple-exclusive file format to its augmented reality roster
The .USDZ file type allows users to preview files without needing to run an application to open them
Hardware & electrical equipment
Apple sees quarterly sales and profits top expectations as iPhone sales rose for first time in a year
For the quarter ended December 28, Apple reported revenue of $91.8 billion compared with analyst estimates of $88.5 billion
Archive
FTSE 100 closes a shade higher as traders await interest rate decisions
Footsie finished up around ten points at 7,490. FTSE 250 added 50 points to stand at 21,483
Apple’s first quarter earnings eyed for impact of streaming and coronavirus
Shares in the tech giant have mounted an impressive recovery since its profit warning this time last year, although rumbles in its Chinese market and the status of its AppleTV+ offering could cause some headaches
Hardware & electrical equipment
Wedbush analyst ups Apple target to $400 as 5G upgrade 'supercycle' looms
Analyst Daniel Ives, who calls Apple “a must-own” stock, bumped up his target price to $400 from $350 — his third hike since November
Hardware & electrical equipment
Apple closes historic 2019 for Services offerings with double-digit App Store growth
App Store customers spent a record $1.42 billion between Christmas Eve and New Year’s Eve -- a 16% year-over-year rise
Hardware & electrical equipment
Can tech titan Apple surge again in 2020 as it kicks off year with new all-time high?
Over the course of last year, Apple shares added an impressive 86%
Hardware & electrical equipment
S&P/ASX 200 set to rise as US market rallies and AUD weakens
S&P 500 Index closed up 0.84% while the Nasdaq Composite closed up 1.33%.
Apple Music to power playlists at Harrods and Levi's retail stores
Apple partnered with PlayNetwork Inc, which provides in-store music and entertainment to retail stores, restaurants and hotels
Wedbush hikes Apple target price to $325 while maintaining 'Outperform' rating
Analyst Daniel Ives said Apple can expect strong iPhone growth heading into 2020
Apple throws hat into increasingly competitive streaming ring with the debut of AppleTV+
The tech behemoth offers the promise of original content backed by some big-name personalities such as Oprah Winfrey and Jennifer Aniston
Archive
FTSE 100 finishes sharply lower as markets continue to fret about global trade
Footsie closed down 82.40 points at 7,248.38 on Thursday, while US stocks were also down
Hardware & electrical equipment
Apple shares jump after iPhone maker posts 4Q revenue and earnings beats
The iPhone maker’s revenue clocked in at $64 billion despite a 9% year-over-year dip in iPhone sales
Hardware & electrical equipment
Investors brace themselves for today's 4Q show from the corridors of Cupertino
Wall Street analysts expect Apple to report earnings-per-share of $2.84 on revenues of $62.9 billion
Hardware & electrical equipment
Jefferies makes bullish call on Apple ahead of earnings, upping target price to US$285
The trillion-dollar company's target price was hiked from US$260, with a ‘buy’ rating maintained on the stock
Hardware & electrical equipment
Apple target lifted at UBS to $275 ahead of earnings
Wall Street investment bank Raymond James also raised its price target on Apple to $280 from $250 per share citing strong iPhone sales
Hardware & electrical equipment
Apple seeks to up production of iPhone 11 models by about 10%: Media report
The production boost would add up to 8 million units to what the Cupertino, California-based company had initially planned on
Hardware & electrical equipment
Apple stock jumps on JP Morgan's price-target bump, increased iPhone sales projections
The firm bolstered its price target to $265 from $243 and maintained its Overweight rating
Apple wants its upcoming original movies to get major theatrical debut before TV+ users stream them
Apple hopes showing its films in theaters will lure big-name directors and producers to its projects, according to a Wall Street Journal report
Hardware & electrical equipment
Diminished crowds await the Apple iPhone 11 in China as consumers move online, consider Huawei
Apple's launch in China came a day after Huawei revealed a new phone series of its own
Apple shares edge higher ahead of Friday's official launch of the iPhone 11; China could be the star
Analysts at Wedbush estimate that 60 million to 70 million iPhones in China are currently in the "window of an upgrade opportunity"
Apple says EU order for it to pay $14 billion in back taxes “defies reality and common sense”: reports
Apple’s appeal to the General Court came after the EU executive in 2016 said the tech giant benefited from illegal Irish state aid
Barclays raises Apple price target to $207 following latest product launch event
The investment bank said that lower pricing was the main surprise from Apple’s annual fall product event
Hardware & electrical equipment
Apple fall event brings camera-boosted iPhone 11, updated iPad and watch, TV streaming service launch
The tech giant said Apple TV+ will be available in 100 countries and buyers of an iPhone, iPad or Mac will get a free year of streaming television
Morgan Stanley reiterates $247 price target on Apple, sees App Store growth outperforming
The investment bank's analysts estimate that quarter-to-date through August, the Apple App Store has generated $2.9 billion in net revenue
Hardware & electrical equipment
WeWork Is Said to Target IPO Valuation Far Below Last Round
The outlook for the public debut of WeWork, which has racked up billions of dollars in losses in recent years as the company funds grand ambitions, is cooling after the disappointments of other major IPOs this year such as Lyft Inc. and Ube
Apple to sell parts, tools and repair guides to independent shops to fix broken iPhones; new models launch expected
Apple said the new repair program will offer customers additional options for the most common out-of-warranty iPhone repairs
Back to the future with socially conscious capitalism?
The American elite met on Monday at an event called the Business Roundtable to redefine the role of the company, but their latest line had a hint of the old and moldy about it
Hardware & electrical equipment
Apple Inc's grumbling may force a rethink on US tariffs on Chinese imports
Most of Apple's devices are made in China and so will therefore be subject to the 10% tariff
Hardware & electrical equipment
Apple grows workforce as it says it supports 2.4mln US jobs
The iPhone maker said on Wednesday that it had also increased its own direct workforce to 90,000 from 80,000 in the last 2.5 years
FTSE 100 closes at five month low as recession fears loom large
Recession fears were sparked by an inversion of the US 2 year and 10 year bond yields, something that often comes before an economic downturn
Apple sees third quarter profit and revenue beat forecasts, fourth-quarter sales also top expectations
The tech giant reported a 1% rise in 3Q revenue to $53.8 billion and a 7% drop in earnings per share to $2.18, compared with expectations for $53.39 billion and $2.10 per share, respectively
Hardware & electrical equipment
Intel slips in spite of big after-hours earnings beat; Apple paying $1 billion for majority of its modem chip business
The chip maker’s biggest segment, its client-computing or traditional PC business, saw revenue rise by 1% to $8.8 billion when analysts had expected a 6.8% decline
UK streaming service Roxi plans London IPO as it goes up against Spotify
Roxi, which counts Robbie Williams and Sheryl Crow among its shareholders, aims to go public in the fourth quarter of 2019
GAME Digital is a high-profile casualty of a revolution in the video game markets
The high street retailer has borne the brunt of an increasing swing from physical disks to digital video game sales
GrapheneCA is poised to change the world with its disruptive graphene technology
The New York-based company uses its proprietary technology to mix its high-quality graphene with a wide variety of gels using low temperature processes
Hardware & electrical equipment
Apple to replace iTunes with apps as it faces possible antitrust investigation
Tech stocks were hit by reports of potential antitrust probes into Apple, Facebook, Google and Amazon
Investments and investor services
Small-Cap Snapshot: Cool Holdings buys Simply Mac chain; So-called 'Amazon of Africa' falls on Citron report
Other small-caps making moves include Cars.com, Creative Realities and TransEnterix
Hardware & electrical equipment
Apple breaks through US$1trn and reclaims its number one position
The tech giant reclaimed its position as the world’s most valuable publicly-traded company when trading opened on Wall Street
Archive
FTSE 100 closes firmly lower as investors shun risk and amid Brexit deal chatter
The UK's premier share index finished down nearly 33 points at 7,385
Hardware & electrical equipment
Microsoft flies above $1trn high as cloud lifts earnings
The Windows software developer is currently the most valuable company in the world
Hardware & electrical equipment
Apple investors file lawsuit against iPhone maker over alleged securities fraud
Apple has been accused of securities fraud by allegedly withholding information about the extent of struggling iPhone sales
LATE MOVERS: Sprint and T-Mobile drop on merger doubts; Morgan Stanley posts better-than-expected 1Q results
Also moving Wednesday were Qaulcomm and Apple, IBM, Intel, United Continental and CSX
Wall Street ends the day lower as health sector declines
Investors also sifted through the latest round of earnings reports and economic data out of China