Tag Archives: Apple

Fresh weakness in Apple’s stock may offer a rare buying opportunity into the iPhone maker, says one money manager.  “We actually like Apple, and we are adding to our position,” said Victoria Fernandez, Crossmark Global Investments chief markets strategist, on Yahoo Finance Live, adding Apple’s fundamentals are “strong.” Traders are taking the other side of that call on Thursday. Apple’s stock fell more than 3% Thursday on a report from Bloomberg that the tech giant was indicating to component… Source link

Apple (AAPL) shares closed at all-time highs on Tuesday, at $165.30. The stock was up more than 3%, as investors flocked to the iPhone maker amid a broader market selloff.  “It seems to be like a flight to safety trade,” Matt Maley managing director equity strategist Miller Tabak told Yahoo Finance on Tuesday.  Some analysts have also noted the company’s impressive cash flows would help it weather any future downturn. The stock’s upward movement came on the same day Fed Chair Jerome Powell Source link

Apple and Google have been fined €10 million apiece by Italy’s competition and market authority (AGCM) which has found they did not provide their users with clear enough information on commercial uses of their data — in violation of the country’s consumer code. The regulator also accuses the pair of deploying “aggressive” practices to push users to accept the commercial processing. Apple and Google were both contacted for a response to the ACGM’s sanction. Both said they… Source link

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo ROME, Nov 26 (Reuters) – Italy’s antitrust regulator has fined Alphabet’s Google (GOOGL.O) and iPhone maker Apple (AAPL.O) 10 million euros ($11.23 million) each for “aggressive practices” linked to the commercial use of user data. The authority said in statement that the two tech groups did not provide “clear and immediate information” with regards to… Source link

Apple’s (AAPL) project to build an electric car with full autonomous capabilities has a “75%, 80% plus chance” of becoming a reality, Wedbush Securities managing director and senior equity analyst Dan Ives told Yahoo Finance Live in an interview Friday. Apple has reportedly long been working on building an electric car model, but has yet to release any public information on the project. Apple’s EV project first came to public light in early 2015 when it became known that Apple was… Source link

The UK’s data protection watchdog has written to Apple and Google seeking details of how they assess apps to determine the age ratings they apply following concerns raised by an online child safety charity. The move follows the coming into force of the UK’s Age Appropriate Design Code this September — which puts requirements on digital services that are likely to be accessed by children to prioritize protecting their privacy and safety. In a statement today the information… Source link

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration/File Photo SEOUL, Nov 16 (Reuters) – Apple Inc (AAPL.O) and Alphabet’s (GOOGL.O) Google are not doing enough to comply with a South Korean law that bars dominant app store operators from forcing app developers to use their payment systems, a lawmaker who spearheaded the amendment told Reuters. South Korea, the first country to impose legislation curbing the tech… Source link

A 3D printed Google logo is placed on the Apple Macbook in this illustration taken April 12, 2020. REUTERS/Dado Ruvic Tech companies said rule reducing reviews undermines patent system Court says PTO decisions on instituting review can’t be appealed (Reuters) – A federal judge in California tossed a lawsuit brought by big tech companies including Apple and Google over a U.S. Patent and Trademark Office policy that reduced the number of patent disputes it considers. U.S. Supreme Court precedent… Source link

Related Practices & Jurisdictions Beginning in… Source link

Apple (AAPL) is no longer the most valuable publicly traded company in the world. After a disappointing earnings report marred by the impact of the global chip shortage, Apple’s stock fell more than 2% Friday, putting it $10 billion behind the new top dog, longtime nemesis Microsoft (MSFT). Yes, Microsoft is still a massive player in the PC space. And that sector has been hurt by the shortage. But investors see the company more as a cloud play. And that segment has been growing at a rapid… Source link