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Consumer Tech News (July 7–July 11): Nvidia Hits $4 Trillion, Japan Tariffs Rattle Markets, Hopes Rise For Trump–Xi Summit
Sunday, July 13, 2025 - 12:15pm | 1545Wall Street watched history unfold as Nvidia Corp. (NASDAQ:NVDA) became the first company to hit a $4 trillion market cap, capping off a week of market-moving headlines. In a surprising diplomatic turn, U.S. Secretary of State Marco Rubio called recent talks with Chinese Foreign Minister Wang Yi...
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Apple's AI Crisis: Falling Behind In The AI Race?
Sunday, March 2, 2025 - 5:30pm | 503Apple Inc. (NASDAQ:AAPL) is grappling with an artificial intelligence (AI) crisis, as its rivals, including Amazon.com Inc. (NASDAQ:AMZN), surge ahead in the AI technology race. Bloomberg columnist Mark Gurman in his latest weekly “Power On” has shared that, Apple’s...
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Apple's Key Supplier Foxconn's Gross Profit Hit 7 Year High In Q3, Aims To Expand AI Capabilities By Next Year
Thursday, November 14, 2024 - 4:22am | 522Apple Inc.‘s (NASDAQ:AAPL) Taiwan-based supplier Foxconn (OTC:HNHPF) reported its third-quarter results on Thursday. The company, also known as Hon Hai Precision Industry, said its profit margins improved across the board. According to the company’s press release, its gross profit...
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Apple Q4 Earnings: Revenue Beat, EPS Beat, Installed Base Hits New Highs, iPhone Sales Rise As Apple Intelligence 'Supercharges' Product Lineup
Thursday, October 31, 2024 - 5:10pm | 609Apple Inc (NASDAQ:AAPL) reported financial results for the fourth quarter after the market close on Thursday. Here’s a look at the key details from the quarter. Q4 Earnings: Apple reported fiscal fourth-quarter revenue of $94.9 billion, beating analyst estimates of $94.56 billion. The iPhone...
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Here's How Apple iPhone 15 Pro Models Could Offer Superior Connectivity And Lesser Network Congestion With Wi-Fi 6E
Friday, August 25, 2023 - 5:23am | 639Apple Inc (NASDAQ:AAPL) is reportedly gearing up to introduce Wi-Fi 6E capabilities in its upcoming iPhone 15 Pro models in a significant technological leap. This move, powered by the new A17 processor, promises enhanced connectivity and reduced user network congestion. Here, we will go over what...
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Consulting The Crystal Ball To See How Apple May Reduce Its iPhone Dependence
Friday, April 28, 2017 - 11:18am | 357While Apple Inc. (NASDAQ: AAPL) experiences a vapid period in its product cycle, the downtime gives analysts the opportunity to assess the company’s future trajectory. Oppenheimer, providing investors its yearly predictions on Apple’s future innovation plans, said, “We expect...
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Apple Is Under-Owned In Hedge Fund Land
Tuesday, January 12, 2016 - 11:56am | 431Apple Inc. (NASDAQ: AAPL) shares are up 1.3 percent on Tuesday, flirting with the $100 level after an upgrade from Bank of America and a new $130 price target. A major part of analysts' bullishness was related to "multiple" upside levers, including the Apple Watch, the iPhone 6s and...
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Apple's Cook Explains Why U.S. Tax Code Is 'Awful For America'
Monday, December 21, 2015 - 2:56pm | 643Tim Cook, CEO of Apple Inc. (NASDAQ: AAPL), was recently featured on 60 Minutes. The Chief Executive looked into several issues, including corporate taxes, encryption technology and manufacturing in China. Let’s take a look at what Mr. Cook said about the company’s tax...
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Economic Outlook For The Week of January 27: How To Trade With Binary & Spread Options
Monday, January 27, 2014 - 12:28pm | 1611Major Index Moving Earnings Announcements: January 27: APPLE (NASDAQ: AAPL): Estimated Wire Release Time 4:35 PM ET January 28: Pfizer (NYSE: PFE): Estimated Wire Release Time 7:00 AM ET January 28: AT&T (NYSE: T) : Estimated Wire Release Time NA (after market close) ...
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Here's Why Your Apple Options Trade Got Crushed Wednesday
Thursday, April 25, 2013 - 8:05am | 886At Wednesday’s open, Apple (NASDAQ: AAPL) started the day in the red and for most of the day, it stayed there. Since the stock fell in value, options traders who had purchased calls or sold puts lost money. In other words, if you held a long options position, it wasn’t a great day for you....
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UPDATE: Credit Suisse Raises PT to $750 on Apple
Thursday, April 12, 2012 - 7:12am | 83Credit Suisse increases it price target from $700 to $750 on Outperform-rated Apple (NASDAQ: AAPL) on raised estimated due to higher iPhone volumes. Credit Suisse notes, "Raising estimates, PT to $750. Driven by higher iPhone volumes, we raise our EPS estimates for CY12/CY13 by 5%/10% to $50.14/$...
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Let The Dust Settle Before Getting Into Apple
Saturday, October 8, 2011 - 12:43pm | 1659By EconMatters Steve Jobs is really gone forever this time. Many questions surrounding where Apple as a company would be headed without Jobs. Jobs has such a rare combination of artistry, business savvy, and salesmanship that the void left by his untimely death probably will never be filled....
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Apple Leads Market Upside Continuation
Thursday, October 6, 2011 - 10:41am | 295The market continues to show impressive strength, pushing through yesterday's high after a brief dip off the open. Since the reversal, I've stated with 75% confidence that Monday was the low for the year. Europe is stepping up to the plate to support ailing banks, and US economic data has been...
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The Thrill is Gone Thursday – RIP Steve Jobs
Thursday, October 6, 2011 - 8:26am | 276It's very hard to get enthusiastic about the markets on such a sad day. I'm reporting from Las Vegas this morning so I'll keep this brief as I'm a bit behind already. We have a couple of good articles to mark his passing on the main page so I won't make this another one – I'll just repeat what I...
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2010 Could Be A Harbinger of An Explosive M&A
Sunday, January 10, 2010 - 5:56am | 657Though merger and acquisition activities globally declined in 2009 with deals worth USD 3.6 trillion being announced during the year, down by 15 per cent over the year-ago period, the activities gained traction globally in the fourth quarter of 2009, witnessing a rise in value by 46 per cent to $...