|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||197.48 - 199.82|
|52-week range||197.48 - 199.82|
|Beta (3Y monthly)||1.19|
|PE ratio (TTM)||16.84|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
The Daily Crunch is TechCrunch's roundup of our biggest and most important stories. Facebook unveiled a cryptocurrency called Libra yesterday. In the past three years, Apple says it has expanded repair coverage to three times as many U.S. locations, thanks to third-party partnerships.
Apple is considering moving some production from China as it is expected release of its new iPhone line this fall, The Wall Street Journal reported.
Wedbush says a breakup of these tech giants is unlikely. But changes along those lines could be a catalyst for innovation.
Apple has asked suppliers to evaluate moving a substantial portion of their production outside of China, Nikkei reported.
The deal between the two companies will cover all 992 U.S. Best Buy stores, up from about 225 stores previously. In addition, 7,600 of Best Buy's so-called Geek Squad technicians now certified to carry out the repairs and using parts directly from Apple. Apple also carries out repairs at its stores, but there are several U.S. states - including Vermont, West Virginia, both Dakotas, Montana and Wyoming - with no Apple Store.
Trump said on May 5 he would raise tariffs on $200 billion worth of Chinese goods from 10% to 25%, ratcheting up pressure on Beijing to agree to a deal. Apple cut its fiscal first quarter sales forecast, blaming slowing iPhone sales in China where uncertainty around U.S.-China trade relations has hurt the economy. Late last month after Apple slashed prices, sales picked up and Apple cited the improved tone of the trade war for a stronger outlook.
Apple's iOS 13 update, which will be available in the fall for iPhones, will let Siri read your text messages to you through your AirPods. Here's how to set it up.
The specter of antitrust action against four of the largest tech companies in the world has evolved into a parlor game among some in Silicon Valley: What antitrust suspect is the most vulnerable?
Apple's request was a result of the extended Sino-U.S. trade dispute, but a trade resolution will not lead to a change in the company's decision, Nikkei said https://s.nikkei.com/31zCGhw, citing multiple sources. The iPhone maker has decided the risks of depending heavily on manufacturing in China are too great and even rising, it said. Earlier this month, credit rating agency Fitch said it views Apple, Dell Technologies Inc and HP Inc as potential blacklist candidates if China blacklists U.S. companies in retaliation for restrictions on Huawei.
Apple's request was a result of the extended Sino-U.S. trade dispute, but a trade resolution will not lead to a change in the company's decision, Nikkei said, citing multiple sources. The iPhone maker has decided the risks of depending heavily on manufacturing in China are too great and even rising, it said. Earlier this month, credit rating agency Fitch said it views Apple, Dell Technologies Inc and HP Inc as potential blacklist candidates if China blacklists U.S. companies in retaliation for restrictions on Huawei.
Next week, S&P Dow Jones Indices will readjust the representation of the 500 companies that constitute the stock market benchmark.
Concerns continue to grow about near-term demand for Apple iPhones as consumers delay purchases ahead of the first 5G models in late 2020.
AirDrop is being used by young people to send memes to strangers, which is fun, but it's also being used to send nude pictures to strangers.
A Chinese-Taiwanese consortium formed to invest in Japan Display Inc on Tuesday said a Chinese provincial government has pledged support for its proposed panel plant, indicating plans made with the Apple Inc supplier are intact. The consortium "solidified Zhejiang government support in the planned $6 billion OLED (organic light-emitting diode) plant construction and its capital syndication," a spokesperson for the group said in a statement. The consortium has previously said it intends make OLED panels in China using Japan Display technology.
Jun.18 -- Apple Inc. could be seeing weaker-than-expected demand for its iPhone product line, especially in China, where trade tensions have been weighing down sales, according to analyst projections. Selina Wang reports on "Bloomberg Markets: China Open."