Epic Games CEO Tim Sweeney — the guy behind Fortnite — has been fighting Apple over its App Store rules for five years. Last week, Sweeney won what could be a far-reaching victory — if it survives Apple's appeal.
The iPhone maker is absorbing $900 million in tariff costs this quarter, but the hit to profit margins could still get worse.
Markets haven't kept the momentum investors were hoping for after receiving much-anticipated quarterly results from Amazon (AMZN) and Apple (AAPL) last Thursday.
Apple appealed after a judge found the tech giant violated a court order. The appeal came days after U.S. District Judge Yvonne Gonzalez Rogers found that Apple disobeyed a ruling in a case involving Fortnite maker Epic Games and the Apple App Store, Seeking Alpha reported Monday (May 5).
Apple is Berkshire Hathaway's largest stockholding. But with Buffett stepping aside, will Berkshire sour on the iPhone maker's shares?
Berkshire Hathaway's leadership transition to Greg Abel raises questions about potential changes in Apple stock holdings, but Abel reassures continuity with Buffett's approach. Apple's recent earnings show strong services revenue growth, but iPhone sales and supply chain challenges in China remain a bugbear. Despite headwinds like the Epic Games ruling and tariff costs, Apple's profitability and $100B share buyback program demonstrate resilience.
Apple on Monday announced a four-tranche bond offering, its first in two years, with proceeds expected to be used to repurchase stock, repay outstanding debt among other purposes, according to its SEC filing.
Recently, Zacks.com users have been paying close attention to Apple (AAPL). This makes it worthwhile to examine what the stock has in store.
Apple's Q2 FY 2025 earnings report shows strong sales growth across regions, with notable increases in Japan, along with overall solid performance from both iPhone and Services segments. Despite a sharp drop in the stock price post-earnings release, the company's financials indicate a potential for robust bottom line growth for the current fiscal year. CEO Tim Cook highlighted ongoing efforts to mitigate tariff impacts by diversifying manufacturing to India and Vietnam, and investing heavily in U.S. manufacturing capabilities.
The tech giant received a reprieve from the worst of the tariffs, for now. But that could change later this summer.
I track 50 high-quality dividend growth stocks to identify opportune investments, updating valuation ratings daily to focus on attractive opportunities. Despite a market sell-off, my investable universe outperformed SPY and SCHD year-to-date, with a loss of -1.83% compared to -5.49% and -4.64%. This month, 17 stocks had valuation rating changes; 10 were upgrades, including Jack Henry & Associates, West Pharma, and EOG Resources, all with strong expected returns.
The famed investor largely shied away from tech until his 2016 Apple bet. It turned out to be his greatest investment.