Tag Archives: Apple

Apple’s stock (AAPL) looks like a good buy on weakness, argues one strategist. “We actually bought Apple over the last couple of weeks. I mean the name has come down tremendously. So I think you can go in and buy that name. They have such a strong balance sheet and they have a tremendous cash position,” said Crossmark Global Investments chief markets strategist Victoria Fernandez on Yahoo Finance Live. To be sure, Apple’s stock hasn’t been immune to the broader pullback in tech stocks this… Source link

Selling a much cheaper iPhone may pay off very well financially for Apple (AAPL). “We believe the launch should be a notable tailwind for Apple, which we think could ship >35M units in the phone’s first year. At a blended average selling price of ~$450 or modestly higher given a higher base price, shipments at that volume could generate an additional ~$15-20 billion in annual revenues (approx. ~4-5% of total sales). Assuming standard product operating margins, it could contribute ~25-30… Source link

Remember when we decided that spending too much time on our phones was a bad thing? That immersing ourselves in our iPhones could be unhealthy, or even addictive? That was a couple of years ago. So riddle me this: Now something that we already know is potentially addictive — sports betting — is available on those phones, accompanied by a media blitz promising a path to easy money. But people raising concerns about that combination seem few and far between. So what happens to the… Source link

Within hours, an app designed to help Russians register protest votes against Putin could no longer be downloaded from Google or Apple, whose main representative in Moscow faced a similarly harrowing sequence. Titans of American technology had been brought to their knees by some of the most primitive intimidation tactics in the Kremlin playbook. Story continues below advertisement The unnerving encounters, which have not previously been disclosed, were part of a broader campaign that Putin… Source link

Google is giving its default messaging app a big upgrade, the company announced today. The Messages app, which comes pre-installed on most Android phones, will gain a number of new features with the update. Most notably, it will address the long-standing issue where iMessage’s “Tapbacks” weren’t delivered as emoji reactions, but were rather sent as a separate message. It’s an annoyance that’s made chats between Android and iPhone users confusing, cluttered and far too… Source link

Netflix, China-based TikTok join Google, Apple, other companies cutting ties with Russia | Fortune … Source link

Silicon Valley’s tech giants are joining the rest of the business world in pulling their products and services from Russia. Companies like Apple (AAPL) have cut ties to the Russian market entirely to protest the invasion of Ukraine, while firms like YouTube (GOOG, GOOGL) , Meta (FB), and Microsoft (MSFT) are limiting the availability of Russian propaganda networks like RT and Sputnik in Europe. And while Big Tech’s moves put at least some pressure on Russian President Vladimir Putin and… Source link

A driver of Yandex.Taxi online ride-sharing service wearing a protective mask, used as a preventive measure against the coronavirus disease (COVID-19), sits inside a car in Moscow, Russia April 12, 2020. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register VILNIUS, Feb 28 (Reuters) – Lithuania’s transport and economy ministers said on Monday they asked Google and Apple to remove, in Lithuania, the app for the Yandex.taxi ride-hailing service, owned by Uber Source link

Customers at a number of banks in Russia can no longer use their bank cards with Google Pay and Apple Pay due to newly-imposed financial sanctions on the country, as reported by Insider. According to a press release from Russia’s Central Bank, affected financial institutions include VTB Group, Sovcombank, Novikombank, Promsvyazbank, and Otkritie FC Bank. Sanctions issued by the EU target 70 percent of Russia’s banking network While customers can still use bank cards from these… Source link

Big Tech disruptors have their eyes on healthcare but have reported positive financial results driven by their core business models in the fourth quarter of 2021. Google An increase in digital advertising on Google’s searches, video and internet platforms helped push sales 27 percent higher year over year, and its cloud sales increased 45 percent to $5.54 billion in the period. The company logged sales of $72.23 billion and profit of $19.91 billion from October to December 2021. Apple In… Source link