|Bid||178.65 x 1800|
|Ask||178.34 x 900|
|Day's range||178.62 - 182.13|
|52-week range||142.00 - 233.47|
|Beta (3Y monthly)||0.89|
|PE ratio (TTM)||15.06|
|Earnings date||29 Jul 2019 - 2 Aug 2019|
|Forward dividend & yield||2.92 (1.46%)|
|1y target est||216.17|
Apple has snapped up a company called Tueo Health, which was working on an appto help parents monitor asthma symptoms of their sleeping kids, according toCNBC
Together with PayPal, Visa and Mastercard look virtually unassailable in the digital-payments market. The stocks, while pricey by traditional price/earnings metrics, show no signs of slowing down.
Three iTunes customers from Rhode Island and Michigan sued Friday in federal court in San Francisco seeking to represent hundreds of thousands of residents of their home states who allegedly had their personal listening information disclosed without their consent. The disclosure of iTunes customers’ personal data isn’t only unlawful but can also be dangerous because it allows for targeting vulnerable members of society, according to the complaint. "For example, any person or entity could rent a list with the names and addresses of all unmarried, college-educated women over the age of 70 with a household income of over $80,000 who purchased country music from Apple via its iTunes Store mobile application," the customers said.
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.
Wedbush analyst Daniel Ives sees the current skepticism on Apple’s near-term prospects as a buying opportunity. He rates Apple at Outperform with a $225 price target.
Lionsgate's (LGF.A) dismal fourth-quarter fiscal 2019 results can be attributed to decline in Motion Picture and Television Production revenues.
Microsoft (MSFT) enters into agreement with Eneco to buy 90 MW of wind energy generated by the Netherlands-based Borssele III/IV project.
Qualcomm investors thought some of its biggest legal issues were abating after the company’s recent agreement with Apple. But a federal court ruling has tossed the chip maker right back into a sea of uncertainty.
"We believe calls of EPS getting hit by 20%/30%+ with China being closed off as a region for Cupertino remains ‘doomsday calls’ that are simply not realistic in our opinion," analyst Daniel Ives writes. Apple is a major strategic player in the China technology ecosystem, he said, noting that the company’s China-based manufacturer, Foxconn, employs 1.4 million in the region.
Wedbush analyst Daniel Ives wrote Friday that Apple Inc.'s selloff due to escalating trade tensions with China looks overdone. "We continue to strongly believe that for a company that employs over 1 million Chinese workers with its flagship Foxconn factory and is a major strategic player within the China technology ecosystem...from a supply chain perspective Apple will not have major roadblocks ahead despite the loud noise," he wrote. "Taking a step back, we ultimately believe there is a low likelihood that Apple and its iPhones feel the brunt of the tariffs given its strategic importance domestically as well as [Chief Executive Tim] Cook's ability to navigate these issues in the past with Trump and K Street." He maintained an outperform rating and $235 target price on the stock, which has gained 14% so far this year, as the Dow Jones Industrial Average has increased 9%.
Earlier this month, Qualcomm investors thought some of the chip maker’s legal issues were abating after the company’s big agreement with Apple, but on Wednesday, the company was seen as having more uncertainty after a federal court ruling.
With iPhone sales sagging, Apple’s standout business in recent quarters has been services. And therein lies both opportunity—and risk.
Qualcomm stock’s big plunge this week is a buying opportunity, according to Bank of America Merrill Lynch.
Britain's IQE Plc said on Friday the U.S. blacklisting of Chinese telecom company Huawei could lead to some delay in orders and the need for adjustment of supplier managed inventory levels, mainly in its wireless business unit. IQE, which makes semiconductor wafers for chips used in Apple products among others, said less than 5% of its financial year 2019 revenue was exposed to risk from the Huawei issue. "The recent ban on sales of products from US companies to Huawei and its affiliates is a factor completely outside of IQE's control ... we believe the ban will have a limited impact on our mid to long term revenue trajectory," Chief Executive Officer Drew Nelson said.
Washington last week effectively banned U.S. firms from doing business with Huawei, the world's largest telecoms network gear maker, citing national security concerns. "You look at what they've done from a security standpoint, from a military standpoint, it's very dangerous," Trump said in remarks at the White House. Trump predicted a swift end to the trade war with China, although no high-level talks have been scheduled between the two countries since the last round of negotiations ended in Washington two weeks ago.
Apple and Its Peers Are Bleeding: Is It the US-China Trade War?(Continued from Prior Part)Apple stockAs of the end of the day on May 22, Apple (AAPL) stock had fallen 8.9% so far in May. Its losses were far worse than the 3.0%, 4.3%, and 3.1%
BEIJING (AP) — Looking for ways to hit back at Washington as a tariff fight escalates, President Xi Jinping and his economy czar visited a Chinese factory that processes rare earths - exotic minerals used in electric cars, mobile phones and other technology.
Let's look at what investors should expect from some of the more notable tech companies still left to report: Veeva Systems Inc. (VEEV), Workday, Inc. (WDAY), and Palo Alto Networks, Inc. (PANW).
Apple and Its Peers Are Bleeding: Is It the US-China Trade War?Apple stockOn May 23 at 12:46 PM EDT, Apple (AAPL) was trading at $179.12 with a 2.0% loss for the day. Earlier today, it posted a low of near $177.87, down nearly 2.7% from
The Latest on Market Volatility, Apple, Chip Stocks, and More(Continued from Prior Part)Goldman Sachs says a ban in China would cause Apple’s profit to fall ~30%Apple’s (AAPL) revenue from the Greater China region has plummeted in the last