189.97 -0.94 (-0.49%)
After hours: 7:59PM EDT
|Bid||189.92 x 800|
|Ask||190.10 x 900|
|Day's range||190.42 - 192.65|
|52-week range||147.30 - 194.20|
|PE ratio (TTM)||18.47|
|Forward dividend & yield||2.92 (1.57%)|
|1y target est||N/A|
A former Apple Inc. engineer charged with stealing self-driving car secrets for a Chinese startup pleaded not guilty in federal court in San Jose, California. Zhang Xiaolang entered the plea through his lawyer Monday. U.S. Magistrate Judge Virginia K. DeMarchi had previously granted Zhang’s release.
India has been a source of frustration for Apple (AAPL) for years. Stymied by high tariffs (15% to 20%) that have prompted Apple to market less-expensive iPhones that are a few generations old, compounded by competition from cheap alternatives from Samsung Electronics (South Korea: 005930) and Xiaomi (Hong Kong: 1810), Apple has underperformed in the world's fastest-growing smartphone market. With just 2% of the market, Apple sold a paltry 3.2 million iPhones in 2017 and less than 1 million in the first half of 2018, estimates Counterpoint Research.
The end of last week brought some encouraging words about Micron Technology (MU) from bulls on the stock. Paul Peterson of the boutique BlueFin research house writes, after travels in Asia meeting with ...
Apple (AAPL) has announced a $300 million fund for investing in renewable energy projects in China over the next four years. The fund will develop clean energy projects, producing over one gigawatt of clean energy in the country—enough to power one million homes, according to Apple.
“If you strip out a handful of outperforming tech stocks, the lack of breadth in the equity markets is troubling,” says BlackRock CEO Larry Fink. Amazon, Netflix, Microsoft and Apple are responsible for 83 percent of the S&P 500’s gain in 2018. “We are at a pivotal point.
The global PC market has been on the decline for the past several years as smartphones have continued to come up with many PC-like features. Gartner said global PC shipments grew 1.4% compared to the same quarter last year, reaching 62.1 million units. According to Gartner, this growth was driven by business demand, which it thinks will weaken in two years.
Apple Inc. is facing more challenges in the world’s fastest-growing major smartphone market. The iPhone maker has lost a trio of pivotal executives in India in recent weeks as it struggles to boost iPhone sales there, people familiar with the matter say. Among the executives who’ve departed are its national sales and distribution chief, the head of its commercial channels and mid-market business, and the head of telecom carrier sales, said the people, who asked not to be identified discussing internal matters.
A close Apple relationship is usually great for Cirrus and its shareholders, but bad news from Cupertino can also cause a lot of pain for the audio-chip vendor.
The PC industry benefited in the second quarter from improving demand from business customers owing to migration to Windows 10.