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Jim Lebenthal Isn't Worried About Apple's Stock
Wednesday, May 5, 2021 - 4:41pm | 231Apple Inc (NASDAQ: AAPL) is a multi-year hold, Cerity Partners' Jim Lebenthal said Wednesday on CNBC's "Fast Money: Halftime Report." Cash flow is strong and share buybacks will continue into 2022 and 2023, Lebenthal said. The ecosystem will continue to grow as iPhones...
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Why Foxconn's Q1 Revenue Bodes Well for Apple
Tuesday, April 6, 2021 - 3:32pm | 386Apple Inc. (NASDAQ: AAPL) supplier Hon Hai Precision Industry Co., Ltd. - ADR (OTC: HNHPF), aka Foxconn, reported Tuesday strong revenue growth for the quarter ended March. What Happened: Foxconn's first-quarter revenues were at 1.34 trillion new Taiwanese dollars ($47.05 billion), up 44....
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If You Invested $1,000 In Apple Stock One Year Ago, Here's How Much You'd Have Now
Sunday, March 28, 2021 - 10:58am | 591Investors who have owned stocks in the last year have generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return over the last 12 months is 61.9%. But there is no question some big-name stocks performed better than others along the way. Apple’s Big Run: One...
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Apple Works On Its Own Search Engine As Regulators Turn Up Heat On Google Deal: FT
Wednesday, October 28, 2020 - 4:24am | 461Apple Inc (NASDAQ: AAPL) is ramping up efforts to develop its own search technology amid a backdrop of antitrust scrutiny over its relationship with Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG), the Financial Times reported Wednesday. What Happened: The development would cast a...
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Apple Hit With $1.2B Fine By French Antitrust Authorities
Tuesday, March 17, 2020 - 6:43am | 390Antitrust authorities in France have fined Apple Inc. (NASDAQ: AAPL) $1.2 billion after finding the iPhone maker abused its economic position to prevent Premium resellers from selling at lower prices. What Happened Apple, along with two of its wholesalers, was accused of controlling...
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Weaker Than Expected December Jobs Report Might Weigh, But Overall Growth Positive
Friday, January 10, 2020 - 10:50am | 2835Today’s jobs number might be on the low side, but at first glance it looks like one the market can probably live with. While stock futures saw their pre-market gains roll back a little after the government reported a lower-than-expected December payrolls gain of 145,000, that’s a figure...
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Qualcomm Surges After Settling Apple Royalty Dispute
Tuesday, April 16, 2019 - 3:36pm | 357Apple Inc. (NASDAQ: AAPL) and QUALCOMM, Inc. (NASDAQ: QCOM) said Tuesday they've reached an agreement in a royalty dispute over computer chips, avoiding a trial that began this week in California. The agreement, which ends all litigation between the two tech companies, includes a payment of an...
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Sell-Side Analysts 'Gather Round' After Apple Unveils New iPhone, Watch
Thursday, September 13, 2018 - 4:08pm | 1029The pricing of Apple, Inc. (NYSE: AAPL)’s new iPhones and the addition of heart monitoring features to the Apple Watch were among the areas sell-side analysts focused on after Wednesday's product rollout in Cupertino. The Analysts Oppenheimer analyst Andrew Uerkwitz maintained a...
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What To Expect From Apple's Sept. 12 'Gather Round' Event
Thursday, August 30, 2018 - 4:09pm | 632Apple Inc. (NASDAQ: AAPL) announced this year’s “Gather Round” event will take place Sept. 12 to reveal a new line of products. Industry experts have begun to speculate as to which products will make their grand entrances, while taking a closer look at the company’s...
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Analyst: iPhone 8 Demand Bounced Back On Day 2
Monday, September 25, 2017 - 10:26am | 319Apple Inc. (NASDAQ: AAPL) investors had been anticipating the company’s new batch of products, including the iPhone 8 and iPhone X, for months ahead of their unveiling on Sept. 12. However, the new devices haven’t had the positive impact Apple bulls had hoped, as the stock has plummeted...
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4 Pressing Questions About Apple's Slumping Stock
Monday, September 25, 2017 - 9:41am | 468Apple Inc. (NASDAQ: AAPL) investors hoping that the unveiling of the new iPhone 8 and iPhone X this month would propel the stock to new all-time highs have been sorely disappointed. Instead, Apple stock is now down more than 7 percent since Apple’s iPhone event on Sept. 12. 4 Pressing...
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Due In Stores This October, Reports Surface That Final iPhone X Production Has Not Yet Begun
Thursday, September 21, 2017 - 4:11pm | 539The din surrounding the unveiling of the Apple Inc. (NASDAQ: AAPL)'s 10-year anniversary phone has settled down. Yet, there has been a continuous news flow on the iPhone X. During its Asia tour visiting handset, networking and PC supply chain players, Raymond James dropped a bombshell...
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The Reviews Are In: Apple Needed To Go Bolder, Better With New Lineup Of iPhones
Thursday, September 14, 2017 - 11:05am | 998After all the hype and pomp-filled presentations, the tech community is taking a sobering second look at Apple Inc. (NASDAQ: AAPL)’s new smartphones, and the reviews are pretty mixed for the ballyhooed phone of the future. The blowback from hands-on techno sages suggests that Apple didn...
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Can Apple Supply Enough iPhone 8s To Avoid Bottlenecks? That Remains To Be Seen
Tuesday, May 23, 2017 - 4:19pm | 312Oppenheimer analyst Andrew Uerkwitz rates Apple Inc. (NASDAQ: AAPL) at Perform and said the company may not have enough new iPhone 8 devices initially to meet pent-up demand. “However, it may be time to ask, ‘What's next?’ Here, we believe the lack of differentiation and...
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Skyworks Exceeds Expectations, Evolves Away From iPhone-Dependence
Friday, April 28, 2017 - 11:10am | 491Skyworks Solutions Inc (NASDAQ: SWKS) reported second-quarter beats on both the top and bottom lines Thursday after the close. The semiconductor company, which boasts clients like Apple Inc. (NASDAQ: AAPL) and Samsung Electronics (OTC: SSNLF) also guided Q3 results above consensus estimates....