The Latest Breaking News from AAPL

The Paris Commercial Court penalized Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google by €2 million ($2.2 million) over abusive practices toward its app store developers, Bloomberg reports. The Court ordered Google to change seven clauses from its contracts dating back to 2015 and 2016, including a 30% commission on developer revenue on the Google Play…

Apple (NASDAQ: AAPL) stock continues to rise as the company reached a significant milestone for the first time since 2010 when it was still riding on the heels of the iPhone’s initial launch success.

Analysts tried to gauge the impact of Apple Inc's (NASDAQ:AAPL) products and services. Apple is exploring subscription offerings for its hardware products as early as late 2022 or 2023. Morgan Stanley analyst Katy Huberty saw that the average Apple user spent $280 on hardware and added $69 to Apple Services revenue in 2021, implying, Apple…

Apple (NASDAQ:AAPL) has outperformed the market over the past 20 years by 27.58% on an annualized basis producing an average annual return of 34.78%. Currently, Apple has a market capitalization of $2.84 trillion.

Shares of technology giant Apple (AAPL) have been gaining in price lately, fueled by news that indicates impressive demand for its iPhone 13 globally. However, the EU is outlining new tech regulations that threaten to reshape AAPL’s model, bringing uncertainty to the company’s its near-term prospects. So, is AAPL an…

Someone with a lot of money to spend has taken a bullish stance on Apple (NASDAQ:AAPL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Apple Inc (NASDAQ:AAPL) is working on a subscription service for the iPhone and other hardware products, Bloomberg reports. Apple's move could make device ownership similar to paying a monthly app fee similar to Peloton Interactive Inc (NASDAQ:PTON). A Bernstein analyst pitched the idea in 2016, saying that it could help Apple get to a…

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google leaders faced a storm of criticism from employees on issues related to compensation, CNBC reports. Google defended the company's competitiveness at a recent all-hands meeting while conceding that the performance review process could change. Recently, Google's internal survey had reflected growing dissatisfaction with pay packages. Its peer Amazon.com Inc (NASDAQ:AMZN), looked…

Apple Inc (NASDAQ:AAPL) looked to buy its first industrial-size batch of carbon-free aluminum for its low-cost iPhone SE to reduce its carbon footprint. The financial terms of the transaction remain undisclosed. Apple first bought a smaller batch of the lab-made metal in 2019 from Elysis. Elysis is a joint venture between two of…

Apple Inc (NASDAQ: AAPL) acquired British fintech startup Credit Kudos Ltd, the Block reports. The deal valued Credit Kudos at ~$150 million. It closed earlier this week. The London-based credit scoring startup lets businesses assess loan applicants by analyzing banking data and offers a service for potential borrowers to determine their creditworthiness, Bloomberg reports.…

Bernstein analyst Toni Sacconaghi acknowledged that Apple Inc (NASDAQ: AAPL) had quietly built a small but growing ad business. However, Sacconaghi estimated that Apple's ad revenue was well under 2% of its overall revenue.