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The Latest Breaking News from AAPL

Apple Stock Rises For 10 Consecutive Sessions - First Time Since 2010

Apple (NASDAQ: AAPL) stock continues to rise as the company reached a significant milestone for the first time since 2010 when it was still riding on the heels of the iPhone’s initial launch success.

Benzinga

Here's How Analysts View Apple's Latest Products, Services

Analysts tried to gauge the impact of Apple Inc's (NASDAQ:AAPL) products and services. Apple is exploring subscription offerings for its hardware products as early as late 2022 or 2023. Morgan Stanley analyst Katy Huberty saw that the average Apple user spent $280 on hardware and added $69 to Apple Services revenue in 2021, implying, Apple…

Benzinga

If You Invested $100 In Apple 20 Years Ago, Here's How Much You Would Have Today

Apple (NASDAQ:AAPL) has outperformed the market over the past 20 years by 27.58% on an annualized basis producing an average annual return of 34.78%. Currently, Apple has a market capitalization of $2.84 trillion.

Benzinga

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Is Apple Stock a Buy at $175?

Shares of technology giant Apple (AAPL) have been gaining in price lately, fueled by news that indicates impressive demand for its iPhone 13 globally. However, the EU is outlining new tech regulations that threaten to reshape AAPL’s model, bringing uncertainty to the company’s its near-term prospects. So, is AAPL an…

StockNews.com

Looking At Apple's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on Apple (NASDAQ:AAPL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

Apple Weighs Hardware Subscription For iPhones

Apple Inc (NASDAQ:AAPL) is working on a subscription service for the iPhone and other hardware products, Bloomberg reports. Apple's move could make device ownership similar to paying a monthly app fee similar to Peloton Interactive Inc (NASDAQ:PTON). A Bernstein analyst pitched the idea in 2016, saying that it could help Apple get to a…

Benzinga

Google Fielded Pay-Related Questions At Recent Meet

Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google leaders faced a storm of criticism from employees on issues related to compensation, CNBC reports. Google defended the company's competitiveness at a recent all-hands meeting while conceding that the performance review process could change. Recently, Google's internal survey had reflected growing dissatisfaction with pay packages. Its peer Amazon.com Inc (NASDAQ:AMZN), looked…

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Here's How Apple Looks To Reduce Carbon Footprint While Manufacturing iPhone SE

Apple Inc (NASDAQ:AAPL) looked to buy its first industrial-size batch of carbon-free aluminum for its low-cost iPhone SE to reduce its carbon footprint. The financial terms of the transaction remain undisclosed. Apple first bought a smaller batch of the lab-made metal in 2019 from Elysis. Elysis is a joint venture between two of…

Benzinga

Apple Snaps This British Fintech In $150M Deal

Apple Inc (NASDAQ: AAPL) acquired British fintech startup Credit Kudos Ltd, the Block reports. The deal valued Credit Kudos at ~$150 million. It closed earlier this week. The London-based credit scoring startup lets businesses assess loan applicants by analyzing banking data and offers a service for potential borrowers to determine their creditworthiness, Bloomberg reports.…

Benzinga

Bernstein Explains How Apple Could Produce $10B In Incremental Revenue

Bernstein analyst Toni Sacconaghi acknowledged that Apple Inc (NASDAQ: AAPL) had quietly built a small but growing ad business. However, Sacconaghi estimated that Apple's ad revenue was well under 2% of its overall revenue.

Benzinga

AliveCor Launches Antitrust Lawsuit Against Apple Watch: Reuters

AliveCor Inc accused Apple Inc (NASDAQ:AAPL) Watch of modifying the heart rate algorithm that made it difficult for third parties to inform a user when to take an ECG or electrocardiogram, Reuters reports. The May 2021 lawsuit blamed Apple for gaining an unfair competitive edge over rivals and endangering countless AliveCor users' lives.…

Benzinga

Apple's Latest iPad Air Has Users Complaining About 'Hollow' And 'Creaky' Feeling — Is It 'Bendgate' 2.0?

Some users of Apple Inc’s (NASDAQ: AAPL) iPad Air 2022 are less than pleased with the aluminum chassis of the device, which they say is creating a "hollow feeling" when held in their hands.

Benzinga

Dutch Watchdog Levies €5M Penalty On Apple; Marking 9th Weekly Penalty Since January

The Authority for Consumers and Markets levied a €5 million ($5.5 million) penalty on Apple Inc (NASDAQ:AAPL), Reuters reports. The Dutch antitrust watchdog had sent "new proposals" to Apple to resolve a long-running dispute over its failure to allow dating app developers to use non-Apple payment methods in the Netherlands. The watchdog's penalty marked the…

Benzinga

US Accuses Former Apple Buyer Of Swindling Over $10M

U.S. prosecutors accused a former Apple Inc (NASDAQ:AAPL) employee of swindling the iPhone maker out of more than $10 million, Reuters reports. Dhirendra Prasad, scheduled for trial on March 24, faced five criminal counts after exploiting his "position of trust" as a buyer in Apple's global service supply chain. Prasad allegedly defrauded Apple…

Benzinga

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Should I Stay Or Should I Go

Two tried and true ways to tame market uncertainty and make volatility work in your favor.

Benzinga

Here's How Much You Would Have Made Owning Apple Stock In The Last 10 Years

Apple (NASDAQ:AAPL) has outperformed the market over the past 10 years by 10.37% on an annualized basis.

Benzinga

Apple Car Chatter Returns After Porsche CEO Discloses Discussions On 'Exciting Common' Projects

German sports car manufacturer Porsche Automobil Holding SE (OTC: POAHY) hinted at discussing a potential partnership with Apple Inc (NASDAQ: AAPL).

Benzinga

Apple Whale Trades For March 18

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Benzinga

Read Apple's Latest Push To Activate Cellular Plans From Device

Now the new Apple Inc (NASDAQ:AAPL) iPhone SE buyers choosing AT&T Inc (NYSE:T) or T-Mobile US Inc (NASDAQ:TMUS) can enter the data and connect to their carrier when they power on the device, Bloomberg reports. The “on-device authentication” process will begin in stores on March 29 and will likely take the edge off the customer service by…

Benzinga

Apple Finally Rolls Out 'Universal Control' And Users Are Going Gaga Over It: Here's What It Is All About

Apple Inc (NASDAQ: AAPL) rolled out upgrades to its iOS mobile operating system and macOS desktop operating system this week, which include the “Universal Control” functionality. Here is why it matters:

StockNews.com

Better MAGA Stock: Apple vs. Microsoft

A former U.S. President dubbed selected tech giants MAGA (“Make America Great Again”) stocks after they hit the one-trillion-dollar market capitalization level. MAGA stocks Apple (AAPL) and Microsoft (MSFT) are well-known tech behemoths and might have more room to run. However, which stock is a better buy now? Read on.

Benzinga

Apple May Not Launch New Products With Mini-LED Displays This Year, Says Analyst

Apple Inc. (NASDAQ: AAPL) may not launch new products with the new mini-LED screen this year, prominent analyst Ming-Chi Kuo has predicted.

Benzinga

Apple iPhones Led Smartphone Sales As 5G Handsets Formed Over 50% Of Sales

Apple Inc’s (NASDAQ:AAPL) iPhones led the mobile industry to a landmark in January, as handsets with 5G cellular networking accounted for 51% of smartphone sales for the first time, Bloomberg reports. Recently, Apple launched a 5G model in its budget-friendly iPhone SE series, at half its average flagship device priced at $429. Chinese brands Xiaomi…

Benzinga

Apple's Key Supplier Resumes Partial Operation At Shenzhen Campuses

Apple Inc (NASDAQ:AAPL) supplier Hon Hai Precision Industry Co Ltd (OTC: HNHPF), also known as Foxconn, resumed partial operations and production at its two Shenzhen campuses, one of which makes iPhones, after assuming Covid measures, Bloomberg reports. Foxconn had suspended operations after Shenzhen imposed a city-wide lockdown, including its Guanlan factory. Foxconn has resumed some production at…

Benzinga

Apple's Headquarters Partially Evacuated Over Discovery Of White Powder In Envelope

A portion of Apple Inc’s (NASDAQ: AAPL) headquarters in Cupertino, California needed to be evacuated on Tuesday after an envelope containing a white powder was discovered.

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