It was a bad day for tech companies in the European Union (EU) court system as both Apple (AAPL) and Google (GOOGL) lost their battles and will face hefty financial penalties as a result. Apple was fighting a €13 billion ($14.4 billion) Irish tax bill, which can be traced all the way back to [...]
Yesterday, Apple (AAPL) gained more than 5% to take shares to as high as $207, crossing the $200 threshold for the first time ever. They’ve picked up where they left off today, up another 5% for more than 11% on the week. The stock is currently sitting at $217/share. All this comes after the [...]
It’s been a tough stretch thus far through 2024 for Apple (AAPL), which is down more than 6% year-to-date. Meanwhile, the S&P 500 index is up 8%. So what’s going on with this stock, and should you be concerned as an AAPL investor? One analyst thinks it’s just a matter of investors not realizing [...]
Apple’s accolades are endless, but its recent legal trouble hurt the stock’s performance despite its far-reaching influence. The company is the first to hit a $3 trillion valuation, it provides endless tech options for consumers, and also owns the title of 2023’s largest company globally. But success didn’t stop the company’s stock (AAPL) from [...]
Apple (AAPL) delivered quarterly earnings Thursday evening and narrowly surpassed analyst expectations. But, the lack of guidance issued for the fiscal first quarter of the year (December quarter) left analysts and investors alike perplexed and assuming the worst - shares are down 2% as a result. The company’s fiscal fourth quarter saw a slight step [...]
Last week, Apple (AAPL) became the first company in history to reach a valuation of $3 trillion. This comes from investor intrigue as the tech giant expands into new markets and upcoming scheduled product releases. But, it’s not just hype around new products. It’s the company’s impressive financial standing. In May, Apple’s quarterly earnings [...]
Apple (AAPL) always stirs up commotion when a new product release is teased. But this week, news of the Apple Vision Pro sent shock waves throughout the tech world. And with the upcoming iPhone 15 in just a few months, some analysts suspect the company is rapidly approaching a $4 trillion valuation. Research firm [...]
This morning, Apple (AAPL) and Broadcom (AVGO) announced a multibillion-dollar deal between the two companies. Apple will rely on Broadcom to produce its 5G radio frequency components right here in the US. In 2021, Apple announced its intention to invest $430 billion in the U.S. economy, amidst backlash of overseas production. CEO Tim Cook [...]
One of the tech companies everyone was anxiously awaiting a 4th quarter earnings report from is Apple - and it came late Thursday. The company came up short of analyst estimates on multiple figures, and yet, the stock is up 4% in Friday morning trading. Apple’s revenue took a hit in the final quarter [...]
If you’re a tech junkie, one of your favorite days of the year is the Apple keynote conference. And for good reason - there’s always something innovative and jaw-dropping released in the September event. And if you’re invested in Globalstar, this year’s conference was particularly interesting. This year, the tech giant released the new iPhone [...]
