|Posted: 2018-Aug-01 00:42 by Predator Research|
|Posted: 2018-Aug-01 14:22 by news bot|
The company’s sales led by the pricey iPhone X pushed quarterly results far beyond Wall Street targets on Tuesday, with subscriptions from App Store, Apple Music and iCloud services bolstering business. The world's most valuable technology company also forecast revenue above expectations for the fall, when it typically launches new iPhone models, reassuring a nervous tech sector that saw sell-offs last week in Facebook, Twitter and Netflix on concerns about their future growth. Apple sold 41.3 million iPhones in the fiscal third quarter, half a million less than expected, but the average iPhone selling price topped expectation by $30, hitting $724, according to FactSet. Apple posted third-quarter revenue of $53.3 billion and profits of $2.34 per share, compared with analyst estimates of $52.3 billion and $2.18 per share, respectively. It also forecast revenue of $60 billion to $62 billion for its fiscal fourth quarter, which will include early sales of soon-to-be-announced phone models, beating the $59.6 billion analysts expected.
|Posted: 2018-Aug-02 16:59 by news bot|
Apple updated its latest share count today, defining a price of $207.04 that would make the iPhone maker the first publicly listed U.S. company valued at $1 trillion.
Apple said in a quarterly filing to the Securities and Exchange Commission, that its share count was 4,829,926,000 on July 20, less than the 4,842,917,000 it reported on Tuesday for the end of the June quarter. That would put Apple's stock market value at $973 billion, based on its newly disclosed number of shares.
Will this history making event occur? And when?
|Posted: 2018-Aug-02 17:49 by SIC55|
Today is the day! Apple is now the first company in history with a $1 Trillion valuation!
|Posted: 2018-Aug-03 13:29 by news bot|
In a memo to Apple's more than 120,000 employees, Chief Executive Tim Cook said the $1 trillion valuation was "a significant milestone" that gave Apple employees "much to be proud of." But he said it was "not the most important measure" of the company's success.
|Posted: 2018-Aug-06 15:14 by news bot|
Taiwan Semiconductor Manufacturing (TSMC) could delay chip shipments for Apple' new iPhones after a computer virus outbreak halted production at several facilities. TSMC expects the incident to cause shipment delays and forecast a hit to its third-quarter financial results to the tune of $171m.
|Posted: 2018-Aug-17 15:22 by news bot|
Australian newspaper, The Age, has reported that a local teenager has plead guilty to hacking into Apple's main computer network, downloading internal files and accessing customer accounts. The boy, 16, from the southern city of Melbourne, broke into the U.S. computer giant's mainframe many times over a year,
An Apple spokesperson said the company's information security personnel "discovered the unauthorised access, contained it, and reported the incident to law enforcement" without further elaboration..
|Posted: 2018-Sep-04 16:33 by news bot|
Canaccord Genuity has raised the firm's price target for AAPL to $250 from $220 ahead of the annual IPhone event scheduled for September 12th, where the company is expected to unveil multiple new iPhones and possibly a new Apple Watch and/or updated iPad Pro.
|Posted: 2018-Sep-04 16:39 by news bot|
The market was reminded that Apple Inc is still in the race to build autonomous vehicles after one of the companies self-driving cars was rear-ended while merging onto an expressway near the company's Silicon Valley headquarters. According to reports the accident happened at about 3 p.m. as the Apple vehicle had slowed and was waiting for a safe gap in traffic to complete the merge. Both vehicles sustained damage but there were no injuries.
|Posted: 2018-Sep-20 13:40 by news bot|
Apple has chosen South Korea's LG as a second supplier for OLED screens in the companies IPhones after LG's flexible screen product passed a series of quality tests. Samsung Electronics had previously been the sole OLED screen supplier for Apple.
|Posted: 2018-Oct-04 15:20 by news bot|
Bloomberg is citing 17 unnamed intelligence and corporate sources to suggest Chinese spies have compromised the technology supply chain with malicious computer chips surreptitiously implanted on the motherboards of thousands of servers installed by Apple, Amazon, multiple US Government agencies and other strategic assets.
Apple denies the allegations.
|Posted: 2018-Oct-11 13:22 by news bot|
Apple is buying the power-management technology supplier Dialog Semiconductor in a $600m deal.
|Posted: 2018-Oct-15 14:36 by news bot|
Sources suggest Apple has acquired music recommendation and analytics startup Asaii for an undisclosed sum.
|Posted: 2018-Oct-23 13:05 by news bot|
Apple denies the allegations.Apple CEO Tim Cook suggests the story is untrue and requests it be retracted.
|Posted: 2018-Oct-23 14:24 by Warlord|
Apple CEO Tim Cook suggests the story is untrue and requests it be retracted.I appreciate why he would.
Suggest there are degrees of exposure available, and that I mentioned his spaceship.