191.73 +0.28 (0.15%)
After hours: 7:59PM EDT
|Bid||191.61 x 2200|
|Ask||191.74 x 1000|
|Day's range||189.20 - 191.87|
|52-week range||147.30 - 194.20|
|PE ratio (TTM)||18.52|
|Forward dividend & yield||2.92 (1.57%)|
|1y target est||N/A|
By being so big and still growing so fast, the world’s largest technology companies are in uncharted territory. Combined annual revenue for the world’s five largest companies by market value already tops the gross domestic product of 90% of the world’s countries. Apple Inc., Amazon.com, Alphabet Inc., Microsoft and Facebook are expected to average sales growth of 21% on a combined basis this year compared with 19% last year.
What truly separates this group is earnings growth: It's no longer similar. Netflix and Amazon have far outperformed the rest of the FAANG names this year because their earnings growth expectations have been much higher.
The Nasdaq composite is commanding the market upside in stocks today. Fiber-optic, chip equipment, homebuilding and consumer-oriented shares led. Apple is trailing some of its peers within the Dow Jones industrial average, yet the rally following a May 4 breakout remains fully intact.
U.S. stock-market bulls have had plenty of reasons to feel confident in their position of late. The S&P 500 is back at multimonth highs while the Nasdaq has returned to records, an uptrend that has spurred a resurgence in optimistic sentiment.
Apple (AAPL) has been pushing hard to increase its market share in India, which has become the fastest-growing smartphone market, overtaking China. Bloomberg has reported that Apple has lost key sales executives in the country in the last few weeks, including its national sales and distribution head. The high-profile departures may be a sign of Apple’s issues in the country.
Apple Health records lets you import your health history right to your iPhone in just a couple of minutes. Here's how to get set up and what it shows you.
An increasing number of companies are planning to launch their streaming service and are fast trying to invade Netflix's space.
Apple (AAPL) stock fell 1.3% on July 11 as a result of the escalating US-China trade war, while the tech-heavy NASDAQ Composite fell 0.6%. The Trump administration announced on July 10 that it would assess 10% tariffs on an additional $200 billion in Chinese goods. Apple’s stock performance has been choppy over the last couple of months due to the trade tensions.