Apple Revenue Jumps 11% to a Record in q1 2022, Teases Metaverse Plans
(Apple) Apple Inc. posted a record revenue of $123.9 billion in the first quarter of 2022, up 11% from the prior year. Apple’s Tim Cook attributed the record results to…
Apple (AAPL) Stock Price Forecast Ahead of Earnings
The Apple (NASDAQ: AAPL) stock price has been under pressure in the past few weeks as investors worry about growth amid a tightening Federal Reserve. The stock is trading at…
Apple Pays Unusual $180,000 Bonuses in Talent War With Meta
(Bloomberg) Apple Inc surprisingly issues massive stock bonuses to some engineers in a bid to retain talent, looking to prevent defections to tech rivals such as Facebook parent firm Meta…
Apple Joins an Exclusive Club of “Aaa” Credit Score After Upgrade at Moody
(Bloomberg) Moody’s Investors Service has upgraded Apple to an AAA rating, citing robust liquidity and earnings prospects. Moody analyst Raj Joshi says the iPhone giant’s pursuit of a net cash…
Apple’s Revenue Jumps 29% In Q4. Sales Miss Expectations
(Apple) Apple Inc. announced an increase in revenue to $ 83.4 billion in the fourth quarter of the 2021 fiscal year from $64.7 billion reported in the same period of…
Apple Stock Price Forecast: Buy the Earnings Dip?
The Apple (AAPL) stock price crashed hard in the extended session on Thursday after the company published weak results. The stock declined to a low of $144.5, which was substantially…
Apple Q4 Earnings Analysis Preview: Stock Price Forecast
Apple stock up 12% ahead of Q4 Results.Q4 revenue and earnings are expected to top estimates.Focus on iPhone 13 demand.Service segment growth in focus Apple Inc. (NASDAQ: AAPL) is scheduled…
Apple Plans to Cut iPhone Output Due to Chip Shortage. Supplier Stocks Fall
(Bloomberg) Apple Inc. is expected to cut iPhone 13 production targets by about 10 million units due to a prolonged chip shortage. The tech giant had projected to produce 90…
What to Expect on Apple’s iPhone Event on Tuesday
(CNBC) Tech giant Apple Inc. is widely expected to unveil the latest version of its products during its seventh straight virtual annual launch on Tuesday. Among the expected releases are…
Apple Suffers a Blow on Its Mobile Game Market After Court Curbs Pricing Power
(Yahoo! Finance) A US district court Judge has granted an injunction requested by Epic Games Inc. against Apple’s App Store seeking to allow alternative payments for consumers. Federal judge Yvonne…
Media Apps to Avoid the 30% Fees on Services as Apple Bows to Global Pressure
(Bloomberg) Apple Inc. has agreed to allow media app developers to link their App Store to other websites and avoid the current 30% fees on downloads and subscriptions. The change…
Apple Watch Debut Expected to Delay as Performance Problems Arise
(Nikkei Asia) The launch of Apple Watch 7 could wait longer as manufacturing was reportedly halted to allow engineers address performance issues. Small-scale production of Apple Watch started last week,…