The Latest Breaking News from AAPL

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 · Mar 30, 2022

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 · Mar 29, 2022

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 · Mar 29, 2022

Looking At Apple's Recent Whale Trades

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 · Mar 25, 2022

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 · Mar 25, 2022

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 · Mar 24, 2022

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 · Mar 24, 2022

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.…

Benzinga · Mar 23, 2022

Bernstein Explains How Apple Could Produce $10B In Incremental Revenue

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.

Benzinga · Mar 22, 2022

AliveCor Launches Antitrust Lawsuit Against Apple Watch: Reuters

AliveCor Inc accused Apple Inc (NASDAQ:AAPL) Watch of modifying the heart rate algorithm that made it difficult for third parties to inform a user when to take an ECG or electrocardiogram, Reuters reports.  The May 2021 lawsuit blamed Apple for gaining an unfair competitive edge over rivals and endangering countless AliveCor users' lives.…

Benzinga · Mar 22, 2022