Apple is working to bring cameras to its watches. Bloomberg's Mark Gurman explains why the move could improve Apple's AI features on wearables.
Apple iPhone owners are waiting longer to upgrade their handsets, according to a new study. And that is a negative for Apple stock.
Jack Hidary, SandboxAQ CEO, discusses the latest in the changing AI landscape.
China's commerce minister told Apple CEO Tim Cook on Monday that the company is welcome to expand investment in the country, a ministry statement showed.
Apple Intelligence has quickly become a case study in how even the world's most valuable company can stumble in a fast-moving technology race. When the company announced its new AI rollout in 2024, Siri's upgrade was central to the hype.
"Luigi Mangione shoots himself," read the BBC News headline.
Recently, Zacks.com users have been paying close attention to Apple (AAPL). This makes it worthwhile to examine what the stock has in store.
While the Dow Jones Industrial Average and the S&P 500 tend to rise and fall together over time, they often diverge over shorter periods.
The stock market often rewards companies it believes have strong future growth potential with premium valuations. In the case of Apple (AAPL 1.95%), investors have bid up shares to roughly 35 times earnings -- a level that implies big growth expectations from the Street.
Apple Inc said on Monday it will set up a new clean energy fund in China worth 720 million yuan ($99.22 million), coinciding with a Beijing visit of its CEO Tim Cook.
Apple's valuation corrected to the downside lately due to trade war concerns and smartphone market saturation, but its free cash flow and stock buybacks remain strong investment points. I previously rated Apple stock a hold due to moderating top line growth, but its aggressive stock buybacks are noteworthy, especially at a lower valuation. Apple is a leader in stock buybacks, with $95.0B worth of shares repurchased in FY 2024, supported by its massive free cash flow.
Apple has been sued for false advertising due to its delayed artificial intelligence (AI) rollout. As Axios reported, the proposed class action suit, filed last week in federal court, seeks unspecified damages for customers who purchased Apple products outfitted with the company's AI capabilities, dubbed “Apple Intelligence.