Last week, Apple Inc. (NASDAQ: AAPL) shares had their worst week since 2022.
Qualcomm stock has remained resilient amid the recent selloff, and also outperformed Apple stock. QCOM trades at a discount to sector peers, helping to mitigate the recent volatility. Partnerships with China's smartphone OEMs are making gains as Apple finds the AI era tougher than it had planned for.
Apple is positioned to see ‘sustainable' revenue and free cash flow growth over the next few years.
Being a staggeringly successful big tech company does have some downsides: Apple has lost an appeal against a special abuse control regime that Germany's competition watchdog applied to it last year. The iPhone maker can expect to continue to face bespoke competition controls in a major European market, in addition to other similar laws (such as the EU's DMA).
On Feb. 27, satellite communications company Globalstar (GSAT 1.27%) reported the end of its best revenue year ever. If you didn't notice, though, don't feel bad.
Apple lost an appeal on Tuesday against a regulatory assessment that opens the iPhone maker up to stricter controls in Germany, the Federal Court of Justice ruled on Tuesday, following years of debate over the company's market position.
He may be one of the best stock-pickers of all time, but that doesn't mean Warren Buffett is immune to the same setbacks that every ordinary investor experiences from time to time. Plenty of Berkshire Hathaway's stock holdings are also well down since the S&P 500's mid-February peak that set up the full 10% correction suffered since then.
AI hype propelled the stock's valuation during a weak iPhone cycle, making news of its Siri delay extra costly.
Technology giant Apple Inc AAPL has been rumored to be working on foldable devices such as smartphones for several years.
If there was ever a time to buy into the Mag 7, both Jason Ware and Matt Orton agree now is the time to invest. Jason points to the companies' reliability to deliver profits and lower valuations.
Apple's upcoming iPhone 17 “Air” will foreshadow a move to slimmer models without charging ports. The slimmer smartphone due this fall is more than just an attempt to juice sales with something distinct from the rest of the lineup.
Apple is scrambling internally to address embarrassing errors and delays related to a planned AI overhaul of its Siri digital assistant – with the boss of the team reportedly referring to the postponed rollout as “ugly.”