AAPL's premium valuation is unjustified given its meager growth prospects and reliance on high-margin services, leading us to rate it a 'Sell'. AMZN, with its robust moat and stronger growth prospects, is underappreciated by the market, making it a 'Buy'. We advocate a long AMZN, short AAPL trade to capture alpha and hedge market risk in a stretched-looking market.
Apple (AAPL -1.27%) stock investors are cautiously increasing their optimism about the company's prospects.
A group of Apple Watch buyers have filed a lawsuit in Silicon Valley accusing the tech giant of exaggerating how environmentally friendly production of the smart wristwear is.
Apple unveiled Thursday a series of initiatives aimed at enhancing safety for children and teens using its devices, as it fends off calls that it more directly check the age of its users.
Apple on Thursday said it will introduce a way for parents to share the age of a child with app developers without revealing sensitive information such as birthdays or government identification numbers.
Apple has been sued by consumers who said its claim that three versions of Apple Watches are "carbon neutral" and environmentally friendly is false and misleading.
Apple is facing a likely antitrust fine as the French regulator prepares to rule next month on the company's privacy control tool, two people with direct knowledge of the matter said.
The Paris prosecutor's office has closed a case filed by Democratic Republic of Congo accusing Apple subsidiaries in France of using conflict minerals in its supply chain, according to a document seen by Reuters on Thursday.
Apple Inc AAPL could enjoy a boost in international smartphone sales once it's cleared to sell the iPhone 16 in Indonesia.
The CIA, NSA and multiple other US intelligence agencies have been asked to examine a reported request from the UK government for Apple to implement a backdoor in their encryption.
U.S. officials are examining whether the U.K. broke agreements between the two nations with a reported demand that Apple build a backdoor into its encrypted cloud storage systems.
When it comes to A.I. and Big Tech, @Theotrade's Don Kaufman remains bearish when turning to Baidu (BIDU) and Apple (AAPL).