Apple Inc. (AAPL)
Apple: Developers Paid No Commission on 90% of 2024 Sales
Apple's App Store in the United States facilitated $406 billion in developer billings and sales last year. The findings are the results of a study by Professor Andrey Fradkin from Boston University Questrom School of Business and economist Dr. Jessica Burley from Analysis Group, according to a Thursday (May 29) press release.
Apple's US App Store topped $400B in developer billings and sales in 2024
Just ahead of its Worldwide Developers Conference next month, Apple on Thursday announced new figures related to the U.S. App Store's financial success. The company says its U.S. App Store ecosystem has generated $406 billion in developer billings and sales in 2024 — a figure that's nearly tripled in size since 2019, when it then generated $142 billion.
Apple to change the way it names operating systems, report says
Apple will reportedly change the way it names its operating systems, per a Bloomberg report.
Why Wall Street downgrades of Apple stock are about to pile up
Most company analysts play it safe rather than risk their reputation — and possibly their career.
Report: Apple to Change How It Names Operating Systems
Apple reportedly plans to change how it names its operating systems, identifying them by a year rather than a version number. The new names will be based on the upcoming year, rather than the current year, Bloomberg reported Wednesday (May 28), citing unnamed sources.
Mark Zuckerberg planning several Meta retail locations after opening California store as ‘discover' space similar to Apple: report
The company has been leading an ongoing project to expand its retail footprint, which currently includes just one store on its California campus, according to a report.
Apple to Debut New Gaming App
Apple plans to launch a new gaming app at its Worldwide Developers Conference, just days after Nintendo's Switch 2 hits the market. Bloomberg's Mark Gurman speaks with Caroline Hyde and Ed Ludlow about why gaming is a key focus for Apple on "Bloomberg Technology.
Apple: Much, Much Cheaper Than It Looks (Rating Upgrade)
With more than $100 billion in annual sales and gross margins around the 75% mark, Apple's services segment is being categorically undercounted by the market. If this segment can produce ~5% revenue growth in each of the next three years, then estimates appear too low. This makes the stock appear much cheaper than previously thought. Trading at roughly 19x 2028 earnings, we think shares of AAPL appear highly attractive, and deserve an upgrade to 'Buy'.
With iOS 19 on the way, Apple looks toward mobile gaming
With Apple's flagship Worldwide Developers Conference (WWDC) event a few weeks away, the company is signaling that it's paying attention to the opportunity of mobile gaming.
This Stock is the Apple of Warren Buffett's Eye
A peek into Berkshire Hathaway's top holdings reveals that Warren Buffett certainly has a liking for Apple's stock, comprising just over a quarter of its portfolio. It's easy to see why.
America's Largest Investor Dumps Apple Stock
The California Public Employees' Retirement System (CalPERS) dumped Apple Inc. (NASDAQ: AAPL) stock in the first quarter, according to SEC filings.
Wall Street AI predicts Apple stock price
Apple Inc. (NASDAQ: AAPL) could see a notable lift in the coming months—at least, if Wall Street's AI-driven models are anything to go by.
