Tech giant Apple (AAPL) has released its highly anticipated quarterly results earlier this week. Analysts as well as investors have weighed in on the company that makes the popular iPhone, and both liked what they see. Apple posted quarterly revenue of $42.4 billion and quarterly net income of $7.8 billion, or $1.42 per diluted […]
Not much is known about Apple’s next iPhone. The much-anticipated iPhone 7 has been the subject of many rumors attempting to guess everything from the price to the release date. While hard details are hard to come by, at least one concrete fact emerged last week.
Apple (AAPL) has found a new supplier for the […]
Many investing firms have become very curious about Apple shares recently. Since Warren Buffett, the most respected investor in Wall Street, announced the purchase of a large block of Apple shares few weeks ago, has made everyone wonder “why now”? Apple has lost around 30% of its price since last year. Last public results from […]
Warren Buffett is taking a bite out of Apple. Buffett’s company, Berkshire Hathaway, disclosed in a recent regulatory filing that it has purchased more than 9.8 million Apple shares (AAPL) during the first quarter of 2016. Berkshire bought the stock at an average price of $109 per share. Roughly a billion dollars invested sounds […]
Last week Intel Corporation announced that it has decided to lay off 12,000 of its employees, which is roughly 11% of its entire workforce. This is larger than the mass layoff in 2006 when Intel cut 10,000 jobs. The company has grown in size for most of the past decade. It reached a total […]
Apple Inc. (AAPL) has always been a keen innovator of consumer electronics. But it has slowly become a victim of its own success. Over the past decades Apple has been able to do something which almost no other company has done. It has generated huge profit margins and grew its market share to become […]
It’s been 7 years since the depth of the great recession where the stock market dropped to its lowest point in March 2009 before starting to recover. The current bull run since then is the third longest on record for U.S. stocks.
Since March of 2009 the S&P 500 stock index is up 193%. The […]
Apple Inc. (NASDAQ: AAPL)
Apple has been on a tear over the past year, in all the wrong ways. Apple’s stock is down an astonishing 30% since it hit a high of $133 per share back in February of 2015. The world’s largest publicly traded company was briefly dethroned by Alphabet (NASDAQ: GOOG) earlier this […]
This past Wednesday, shares of Apple were hit hard on high volume, closing down by 2% to $100.70 per share. Although, shares did slightly dip below the $100 per share mark during the trading session. This drop occurred because a Japanese news service, known as Nikkei, published a warning that the recent March quarter […]
Apple, Inc. (NASDAQ: AAPL)
Apple is a company that’s known for dominating nearly any industry it touches. Now, it seems as though the company may be getting into a new industry, virtual reality gaming. The industry, currently dominated by Facebook and Microsoft, is expected to be the next big thing in gaming. However, if Apple […]