The world’s most valuable consumer tech company saw its shares hit a new high on Monday, after another Wall Street firm jacked up its price target. Apple has now soared 33% over the past year, a big move for a stock that seemed to be losing favor in a climate of sluggish growth and thinning margins.
Category: iPhone
Apple’s iPhone 6 Revival Could Go Over Well in China and India
With manufacturing costs for older and/or less advanced models likely in the $200 range or below, the company can easily sell such iPhones at lower price points while still turning a profit, and in doing so take share from mid-range Android rivals. But when a company is selling over 200 million phones annually at an average selling price well north of $600, it’s hard to blame it for being cautious about how much it moves down-market, given the risk of potentially cannibalizing sales of pricier models.
Here’s Why Apple’s Stock Is Still a Buy
Trading at all-time highs, Apple is up 20% for the year already. With Citi raising its price target for the stock to $160 recently, many investors believe Apple’s stock will only continue climbing .
WikiLeaks claims the CIA built special tools for hacking…
Documents published on Tuesday by WikiLeaks claim to be evidence that the “CIA lost control of the majority of its hacking arsenal.” According to the WikiLeaks files, it appears that the CIA has teams specifically dedicated to breaking into Apple products, including iOS, the software that runs on iPhones and iPads, and even Apple’s line of routers, AirPort .
Telecoms made $37 million last year charging to unlock cellphones
Customers often have to pay their provider a fee to unlock their phone if they want to switch providers. Sophia Harris has worked as a CBC video journalist across the country, covering everything from the start of the annual lobster fishery in Yarmouth, N.S., to potash prices in Saskatchewan.
SAPVoice: Why Platform, Not Pipeline, Will Save Your Business
Rapidly pacing the front of the room, voice bellowing, arms gesticulating, you’d think Erich Joachimsthaler, Founder of Vivaldi , was doing his best drill sergeant impersonation from Stanley Kubrick’s Full Metal Jacket . Alas, Mr. Joachimsthaler was nowhere near marine barracks; he kicked off a pretty great “Jam Session” called “Disrupt or Be Disrupted: Embracing Digital in B2B.”
Apple’s U.K. Patent Suit Against Qualcomm Adds to Global Battle
Apple Inc. sued Qualcomm Inc. in a U.K. patent court, adding to lawsuits across the globe in a sprawling battle over patents and licensing fees between the iPhone maker and the largest maker of mobile phone chips. The lawsuit was filed Thursday and cites a claim on patents and registered designs.
No Changes Coming to Apple Charging Cable for iPhone 8
Apple is set to release the latest version of its popular smartphone, the iPhone 8, this fall and the latest rumors swirling around the device suggest there will be no changes made to the phone’s Lightening port connector. A recent Wall Street Journal report noted that Apple was moving away from the Lightning port in favor of the USB Type-C connector used on the company’s MacBooks.
Apple iPhone 8 Could Cost $1000
Apple’s highly anticipated 10th anniversary iPhone 8 could have a starting price of $1,000, according to a research note from Ming-Chi Kuo, an analyst renowned Apple rumor site 9 to 5 Mac called the “most accurate Apple analyst in the world.” The new iPhone is expected to feature more screen space, an energy efficient high-resolution OLED screen, and wireless charging capabilities.
Under pressure, Apple may expand its US manufacturing base
New York, March 1 – Under pressure from the Trump administration to create more domestic jobs, Apple may soon broaden its $50 billion US manufacturing and supplier base, a media report said. According to a report in Financial Times on Wednesday, Apple CEO Tim Cook said the company would also step in to defend net neutrality if the principle protecting even-handed management of internet traffic was threatened by the new head of the Federal Communications Commission, the US telecoms regulator.
Motorola’s hot new phone is impressive, but it’s totally soulless
It’s all brushed aluminium and black mirrors, sweeping curves and endless gleaming glass. They’re like a miniature model of the City of London in your pocket.
Challengers Vie for Barcelona Spotlight Amid Apple, Samsung Void
Phone makers Huawei Technologies Co. and LG Electronics Inc. are battling to steal the show at this year’s Mobile World Congress in Barcelona, rushing to fill the void in the absence of handset leaders Samsung Electronics Co.
Intel and Samsung’s Latest 4G Modem Launches Should Make Qualcomm a Little Nervous
Since Qualcomm has a near-monopoly position in the 4G LTE and 3G EV-DO modem markets, Apple and others have argued, phone makers have had little choice but to agree. and to a lesser extent Samsung are welcome news for Qualcomm, since their feature sets give Qualcomm more ammo for its claim that its chip customers have plenty of alternatives.
Samsung rivals to set the tone at Mobile World Congress
Samsung rivals to set the tone at Mobile World Congress Samsung’s decision to hold off launching the next Galaxy phone clears the way for others. Check out this story on USATODAY.com: http://usat.ly/2mdQa1e A woman reacts as she uses a new Samsung Gear 360, a 360-degree camera, at the Mobile World Congress.
Apple fixed an annoying iPhone battery bug and didn’t tell…
Many Apple users have been reporting this annoying battery bug, but there was seemingly no fix for it – and Apple refused to acknowledge it was an issue. Apple says in a statement first reported by TechCrunch that it fixed the bug in the most recent version of iOS 10.2.1., which was released on January 23. With iOS 10.2.1, Apple made improvements to reduce occurrences of unexpected shutdowns that a small number of users were experiencing with their iPhone.
Apple’s Reported Plan to Launch Several New iPads Makes Sense, But Won’t Stabilize Tablet Sales
Launching new iPad Pro models should strengthen Apple’s grip on the high-end. But bigger improvements will be needed to spark an industry recovery.
Why WhatsApp Is Returning To Its Roots–And Copying Snapchat
Eight years ago, the first lines of code in what would eventually become WhatsApp were being written. Originally, all the app let you do was post a status-a way to tell your friends that you were at work or traveling during the day and would be unreachable.
Apple’s Upcoming iPhone Helps Foxconn’s Gravity-Defying Act
Growing optimism about the next iPhone has propelled Apple Inc. to record highs. Halfway around the globe, a lesser-known Taiwanese company is riding that same wave of euphoria.
Apple Said to Weigh Chinese Supplier for Next-Gen iPhone Screens
Apple Inc. is in discussions with China’s BOE Technology Group Co. to supply next-generation displays for future iPhones, a key component that’s being provided by a Samsung Electronics Co.
Apple closes at record high for first time since 2015
Shares of Apple rose to a record high close on Monday, buoyed by Wall Street’s expectations that the release of a 10th-anniversary iPhone and pent-up customer demand will shore up lackluster sales. The largest component of the S&P 500 and a core holding on Wall Street, Apple’s stock climbed 0.9 percent to end at $133.29, breaking above its record high close of $133.00 hit on Feb. 23, 2015 and giving it a market value of about $699.3 billion.
Apple Shares Hit Record Close on Optimism for Next IPhone
Apple Inc. shares hit a record on optimism the next iPhone will drive a resurgence in sales and help the company’s services businesses grow. The stock climbed less than 1 percent to $133.29 at the close in New York, the highest on record.
Apple’s iPhone Loses the China Sales Crown: 3 Reasons It Doesn’t Matter
Late last month, Counterpoint Research stated that the best-selling smartphone of 2016 in China was not an iPhone . The last time an iPhone didn’t hold the top spot was 2012.
Why Gross Margin Was the Star of Apple’s Latest Guidance
In this segment from Industry Focus: Tech , Motley Fool analyst Dylan Lewis and senior technology specialist Evan Niu discuss the iPhone maker’s outlook for the current period. 10 stocks we like better than Apple When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
Apple TV Could Still Be a Major Opportunity, if Apple Can Execute
The tech giant’s hiring of a new exec from Amazon comes as pay-TV streaming apps and a burgeoning smart home market spell new opportunities. The TV has long been Apple’s white whale, a giant digital content and communications platform that has captured its imagination for at least a decade, but one which it has only established a modest presence for through a line of streaming set-top boxes.
Action Alerts PLUS: A Dizzying Market Mix
This commentary was excerpted from the Weekly Roundup sent to subscribers of Action Alerts PLUS , a charitable trust co-managed by Jim Cramer and the AAP staff . Click here to learn about this actively traded stock portfolio.
No, Google’s Brand Is Not More Valuable Than Apple’s
Last week, Brand Finance came out with its annual listing of brand valuations . In a somewhat shocking finding, the consulting group declared that Apple Alphabet is a phenomenal company with a long track record of innovation, and the Google brand is extremely powerful.
Apple Set to Begin Making iPhones in India by April’s End
Apple Inc. will begin assembling iPhones in India by the end of April, a regional minister says, heightening its focus on the world’s fastest-growing major smartphone market as growth slows elsewhere. The U.S. company has tapped Taiwan’s Wistron Corp. to put together its phones in the tech capital of Bangalore in Karnataka, said Priyank Kharge, the state’s information technology minister.
Qorvo, Cirrus Show the Risks of Betting on Just One Apple Supplier
Though Apple surged to new 52-week highs yesterday in the wake of a sales and earnings beat as well as stronger-than-expected iPhone print, a pair of chip suppliers are lower today due to the guidance provided in their Wednesday afternoon reports. The reasons behind their subdued outlooks provide some good lessons about why strong numbers from Apple — or for that matter, Samsung — don’t always spell the same for major suppliers.
Apple Supplier Shares Largely Flat After Earnings
Apple Inc.’s earnings beat Tuesday and subsequent stock gains did not appear to be carrying over to its suppliers Wednesday. While shares of Apple were up 5% in premarket trade Wednesday, shares of Micron Technology Inc. , a semiconductor company, were up 1%.
Apple Sales Beat Estimates on Demand for Latest iPhones
Apple Inc. reported quarterly revenue that topped analyst projections, fueled by demand for the company’s latest and priciest iPhones. Apple said sales rose 3.3 percent to $78.4 billion, with earnings of $3.36 a share in the three months through Dec. 31. Analysts forecast profit of $3.22 a share on revenue of $77.3 billion, according to data compiled by Bloomberg.
Apple Sales Beat Estimates on Demand for Latest IPhones
Apple Inc. reported quarterly revenue that topped analyst projections, fueled by demand for the company’s latest and priciest iPhones. Apple said sales rose 3.3 percent to $78.4 billion, with earnings of $3.36 a share in the three months through Dec. 31. Analysts forecast profit of $3.22 a share on revenue of $77.3 billion, according to data compiled by Bloomberg.
Apple snaps out of iPhone slump, but for what’s next?
In this Friday, May 13, 2016, file photo, a man uses his mobile phone near an Apple store in Beijing, China. Apple Inc. reports financial results Tuesday, Jan. 31, 2017.
Apple’s iPhone Sales Will Dominate Earnings But You Should Pay Attention to Other Key Areas
The December quarter is always a big one for the iPhone. But this time, it’s also very important for the Mac, the Apple Watch and other businesses.
Apple Stock Has a Lot to Prove on Tuesday
Apple stock hit a fresh 52-week high on Thursday, and with the shares trading 36% off their springtime lows, it’s easy to see how proving mortal can trigger a sell-off. The silver lining here is that just a sliver of its gains have come in the past three months.
Better Buy: Skyworks Solutions Inc. vs. Infinera
Investing in the tech sector can be tricky. Competition tends to be fierce, which makes it difficult to stay one step ahead.
The Chronological History of How Qualcomm Became the Most Powerful Apple Supplier Ever
This was not a pleasant relationship — at least according to Apple. Instead, this relationship was skewed significantly in favor of Qualcomm, and there wasn’t a whole lot that Apple could do since the iPhone fundamentally relies on cellular connectivity.
The Chronological History of How Qualcomm Became the Most Powerful Apple Supplier Ever
This was not a pleasant relationship — at least according to Apple. Instead, this relationship was skewed significantly in favor of Qualcomm, and there wasn’t a whole lot that Apple could do since the iPhone fundamentally relies on cellular connectivity.
Apple Cruising on Momentum High, Plus Jim Cramer’s Thoughts
There are worries about the iPhone 8 but Apple’s weekly charts show the stock above a golden cross. Apple reports earnings Tuesday.
Should You Sell Qualcomm After Apple’s $1 Billion Lawsuit?
Back in 2008, Sprint deployed its first WiMax network, a 4G standard which wasn’t heavily dependent on Qualcomm’s patent portfolio. Intel championed theuse of WiMax chips, but Qualcomm opposed WiMax in favor of its upcoming LTE standard — which it could generate more licensing fees from.
Qualcomm’s Battles with Apple and Regulators Take Precedence Over its Numbers
And it can’t be accused of backing away from a fight with a major client: Qualcomm went to lengths to counter the claims Apple just made while suing Qualcomm for $1 billion and demanding big licensing practice changes. But Qualcomm’s remarks and responses to analyst questions didn’t do much to soothe fears that the company is in for a prolonged fight that has the chance to upend some of the business practices of a licensing business that produces well over half of its operating profit.