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The Latest Breaking News from AAPL

Here's Why JPMorgan Trimmed Apple's Earnings Outlook

JPMorgan analyst Samik Chatterjee sees consumer spending restricting the upside expectations from Apple Inc's (NASDAQ: AAPL) launch of the iPhone SE3 and will likely limit the magnitude of upside to iPhone 13 and App Store revenue in Services. Chatterjee trimmed earnings forecasts for Apple, led by a "modest haircut" to revenue growth estimates for iPhone and…

Benzinga

Here's Why Apple Could Shine Amid China's Covid Resurgence

China's recent surge in Covid cases jeopardizes the leading smartphone market, while Apple Inc (NASDAQ: AAPL) could still shine, analysts told CNBC. China reported over 20,000 Covid infections leading to a countrywide lockdown hindering logistics and consumer spending. China tried to keep the factories running to reduce disruption. Also Read: Apple iPhones Led Smartphone Sales As 5G…

Benzinga

Is Apple Letting Disney+ Silently Hike Subscription Fees?

Apple Inc (NASDAQ: AAPL) is testing a feature wherein users will only be intimated of subscription price hikes by applications and no further opt-ins would be necessary.

Benzinga

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Here's Why Amazon, Apple And Microsoft Shares Are Falling

Shares of large-cap tech companies, including Amazon.com, Inc. (NASDAQ: AMZN), Apple Inc (NASDAQ: AAPL) and Microsoft Corporation (NASDAQ:

Benzinga

Here's How Morgan Stanley Saw Apple's March App Store Growth

Apple Inc's (NASDAQ: AAPL) App Store saw an acceleration in net revenue growth in March, up 7% year-over-year, below the firm's estimates, Morgan Stanley said.

Benzinga

Check Out What Whales Are Doing With AAPL

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.

Benzinga

Disney's Loss Is Apple's Gain: Scarlett Johansson's $100M Streaming Deal

“Black Widow” star Scarlett Johansson has been signed by Apple (NASDAQ: AAPL) as the star and producer of “Project Artemis,” a deal that is reportedly worth $100 million.

Benzinga

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Why This Apple, Qualcomm Analyst Says The Stocks Are Vulnerable To Shift In Consumer Spending

Apple, Inc. (NASDAQ: AAPL) and Qualcomm, Inc. (NASDAQ: QCOM) are among the high-profile tech names that have consistently delivered due to superior fundamentals and strong market positioning.

Benzinga

Read About Apple's Latest Subscription Offering As It Looks To Reduce Dependence On Devices

Apple Inc (NASDAQ:AAPL) launched Apple Business Essentials, a new program for businesses to set up, manage and install software on workers' iPhones, iPads, and Macs. The product is aimed at smaller customers, primarily those without dedicated IT departments. It comes at a monthly price of $2.99 to $24.99 per worker. The product enables…

Benzinga

Read How Apple Plans To Beat Chip Crisis and Continue To Score In China

Apple Inc (NASDAQ: AAPL) is exploring new sources of the memory chips that go into iPhones, including its first Chinese producer of the critical component,

Benzinga

Apple vs. Microsoft: Which Mega-Cap Stock is a Better Buy?

Even though the stock market has been volatile of late on fears related to multi-decade-high inflation and the potential for aggressive central bank interest rate hikes, it could be wise to invest now in quality mega-cap stocks because they are expected to generate steady returns in the long run. We…

StockNews.com

Why This Investor Says Apple Stock Is Headed To $200: 'This Was An Opportunity And I Still Think It Is'

Market Rebellion co-founder Jon Najarian decided to add to his Apple Inc (NASDAQ: AAPL) position as stocks fell on rising geopolitical tensions at the beginning of the year. Despite the sharp recovery near all-time highs, he sees more upside ahead for the tech giant.

Benzinga

Here's Why BofA Remained Bullish On Apple

Some reports suggested Apple Inc (NASDAQ:AAPL) looked to slash iPhone and AirPods production over the Ukraine war and inflation, but analysts called it a rumor. However, BofA defended the tech giant, noting demand is "strong," citing lower trade-in prices for old iPhones. Apple lowered trade-in values for some iPhone models after the $429…

Benzinga

Looking At Apple's Recent Whale Trades

A whale with a lot of money to spend has taken a noticeably bearish stance on Apple. Looking at options history for Apple (NASDAQ:AAPL) we detected 85 strange trades.

Benzinga

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Benzinga

Apple Stock Extends Winning Streak To 11 Sessions: Does The Rally Have More Legs?

After languishing amid the tech-led market sell-off, Apple, Inc. (NASDAQ: AAPL) shares have seen a nice recovery in recent sessions.

Benzinga

Global Regulators Continue To Penalize Big Tech Over Antitrust Concerns

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…

Benzinga

Apple Stock Rises For 10 Consecutive Sessions - First Time Since 2010

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.

Benzinga

Here's How Analysts View Apple's Latest Products, Services

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…

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Benzinga

If You Invested $100 In Apple 20 Years Ago, Here's How Much You Would Have Today

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.

StockNews.com

Is Apple Stock a Buy at $175?

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…

Benzinga

Looking At Apple's Recent Whale Trades

Benzinga

Apple Weighs Hardware Subscription For iPhones

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…

Benzinga

Google Fielded Pay-Related Questions At Recent Meet

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…

Benzinga

Here's How Apple Looks To Reduce Carbon Footprint While Manufacturing iPhone SE

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…

Benzinga

Apple Snaps This British Fintech In $150M Deal

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.…

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