Tag Archives: Apples

Apple (AAPL) appears well on its way to being the first company to hit a $3 trillion market cap. As of the opening bell on Thursday, the company’s stock was sitting at $174.91 per share, and it only needs to hit $182.85 before crossing the historic point. So what’s behind the run on Apple’s stock? The continued success of the company’s iPhone lineup, not to mention its accessories like the Apple Watch and AirPods are, of course, a large part of the story. But the build-up in… Source link

Apple, whose stock is perched at a record high, is inching closer to becoming a $3 trillion company as Wall Street gets bullish on its future. The tech giant saw its shares jump more than 3% following Morgan Stanley’s Kathy Huberty note to investors about raising price target from $164 to $200. Huberty argued that it’s time to consider the company’s plans to launch an augmented reality product and self-driving car in the next few years. Similarly bullish sentiment came from KeyBanc… Source link

Apple Inc.’s recent privacy crackdown has affected the largest players in online advertising very differently, recent quarterly results show, underscoring the strengths and weaknesses of each tech giant’s ad business. Alphabet Inc.’s Google, the world’s largest digital-ad company by revenue, tallied its highest sales growth in more than a decade in the third quarter, while Facebook Inc. and Snap Inc. came up short of expectations and blamed Apple’s privacy rules… Source link

Google’s Pixel 6 phones Google … Source link

Snap’s (SNAP) stock was down more than 23% in early trading Friday morning after its earnings report sharply missed revenue expectations the day before. Why the big miss? CEO Evan Spiegel said Apple’s (AAPL) recent privacy changes to iOS hampered advertisers’ efforts to track their campaigns. “Our advertising business was disrupted by changes to iOS ad tracking that were broadly rolled out by Apple in June and July,” Spiegel said during the company’s earnings call. “We have… Source link

(Bloomberg) — Apple Inc.’s biggest debut on Monday was undoubtedly its MacBook Pro overhaul, but the company also unveiled a polishing cloth with its signature logo debossed in one corner. Price tag? $19. Most Read from Bloomberg The accessory, listed as compatible with iPhones as far back as the iPhone 6 and Macs dating back to 2012, is made of nonabrasive material and is already in short supply, requiring 3 to 4 weeks to ship. On Amazon.com, premium microfiber cloths go for $1.50 each,… Source link

Apple CEO Tim Cook delivers his keynote address at the Worldwide Developers Conference in San Francisco, California June 8, 2015. REUTERS/Robert Galbraith Apple (AAPL) is diving deeper into the health space. The tech giant is working on a new pair of its best-selling AirPods that will take your temperature, police your posture, and possibly even function as a hearing aid, according to The Wall Street Journal. The global medical device market is expected to be worth $671 billion by 2027, Source link

Google is phasing out its use of Material Design user interface components for its iOS apps in favor of leaning more on Apple’s own UIKit. The company says the result of the switch should be less work for its iOS development team, but, more importantly, it’s likely the change will mean that Google’s iOS apps will feel less like interlopers on Apple devices. Instead of obeying Android’s UI conventions, they should look and feel more like they belong on iOS. The change was announced… Source link

(Bloomberg) — Apple Inc.’s “Ted Lasso,” a show about a U.S. football coach who moves to England to lead a soccer team, was crowned television’s best comedy, a breakthrough for the giant tech company’s efforts to build its Apple TV+ service. In addition to best comedy, the show’s star and co-creator, Jason Sudeikis, won best comedy actor. Hannah Waddingham and Brett Goldstein nabbed awards for best supporting actress and actor for their work in the series. Jean Smart was voted… Source link

Every year, Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL) pays for the placement of Google as the default search engine in web browsers. It files those payments under “traffic acquisition costs,” or TAC, on its income statement. Last year, Alphabet paid nearly $33 billion in TAC, and one company benefited greatly from those payments: Apple (NASDAQ:AAPL). Apple collected around $10 billion in TAC payments last year, according to estimates from Bernstein… Source link