Spotify announced that it's moving ahead with updating its app on Apple devices in the wake of a court ruling. The updates will show in-app pricing and subscription information.
Russ Frushtick, Polygon co-founder, and Brandon Ross, LightShed Partners media and technology analyst, join CNBC's 'Power Lunch' to discuss the latest news in the gaming industry.
Spotify said Friday (May 2) that Apple approved a U.S. app update that Spotify submitted Thursday (May 1) after a court ruling in the lawsuit Epic Games brought against Apple. “After nearly a decade, this will finally allow us to freely show clear pricing information and links to purchase, fostering transparency and choice for U.S.
Apple's stock was downgraded by both Rosenblatt and Jefferies on Friday, with the analysts citing Apple Intelligence delays and tariff uncertainty.
Shares of the consumer tech giant Apple (AAPL -3.87%) traded about 4% lower today as of 11:14 a.m. ET, after the company reported earnings yesterday.
Despite Apple Inc.'s $3 trillion valuation, I avoid it due to stagnating growth, high PE ratio, and over-reliance on mature product lines. Apple's future lies in services, but the current AAPL valuation reflects growth stock pricing, which is unrealistic given its mature market status. I prefer Amazon, Google, and Meta (collectively, "MAA") for their superior growth potential, innovation, and significantly lower China risk compared to Apple.
AAPL's second-quarter fiscal 2025 results benefit from strong services growth and an increase in iPhone sales.
Apple reports robust second-quarter fiscal 2025 results but shares dip on tariff headwind.
The worst around Apple has happened and is being priced in after their earnings report on Thursday. It's time to put Apple back on the buy list for me. I'm now upgrading Apple to a buy for three reasons. We now have more visibility on Apple amid the trade war.
Apple Inc (NASDAQ:AAPL) was among several Big Tech giants reporting earnings this week.
Apple Inc (NASDAQ:AAPL, ETR:APC) is facing escalating tariff costs and shrinking product margins that could weigh heavily on future profits, prompting analysts at Jefferies to downgrade Apple shares to Underperform. While Apple's March-quarter results modestly exceeded Jefferies' expectations, the firm said the company's outlook and mounting tariff exposure signal further earnings risk ahead.
If Apple Inc. hoped to boost its stock with plans to buy back $100 billion worth of shares, then that mission seems doomed to fail.