Apple's 4-year, $500 billion US investment plan would require a 10x increase in annual CapEx and could risk buybacks and dividends, and turn FCF negative. Apple has already started putting this plan into action, recently opening a Manufacturing Academy in Detroit and committing $500 million to MP Materials. Most iPhones are now imported tariff-free from India, and the products from Vietnam are subject to a 20% tariff, which I believe is baked into the $1.1B headwind this quarter.
Apple has reportedly formed a team to develop a search experience similar to ChatGPT. That's according to a report Sunday (Aug. 3) by Bloomberg News, which says the so-called “Answers, Knowledge and Information” (AKI) group is building an “answer engine” — a system capable of crawling the web for responses to general-knowledge questions.
Apple has formed a new team to build a ChatGPT-like app, according to according to Bloomberg's Mark Gurman.
CoreCard, led by Leland Strange, has been caught up in Goldman Sachs's failed consumer experiment.
Technology giant Apple (NASDAQ: AAPL) is set to reward its income-seeking investors with the upcoming dividend payment scheduled for August 14.
Amazon, Apple, Meta, Microsoft, and Alphabet have reported earnings. We analyze the results and what they mean for markets and investors.
Apple CEO Tim Cook held an hourlong all-hands meeting in which he told employees that the company needs to win in AI, according to Bloomberg's Mark Gurman.
A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates.
AAPL's third-quarter fiscal 2025 results benefit from strong services growth and an increase in iPhone and Mac sales.
Apple (AAPL) CEO Tim Cook made it clear that Apple is growing its AI investments, both in infrastructure and personnel, and multiple analysts raised their price target following the iPhone maker's quarterly results.
Consumers rushed to buy iPhones and Macs in April due to fears of tariff-induced price hikes. The panic buying drove strong iPhone sales and pushed Apple's Q3 revenue to $94 billion.
Richard Clode, Janus Henderson Investors portfolio manager, joins 'Money Movers' to discuss the 'Big Tech' sector earnings, Apple's outlook and CapEx spending.