Wedbush Senior Equity Research Analyst Dan Ives explains why he sees Apple on its way to a $4 trillion market cap. Speaking with Annmarie Hordern on Bloomberg Television, Ives also discusses the outlook for the tech sector in 2025 and Elon Musk's relationship with President-elect Donald Trump.
Apple is battling to keep the iPhone relevant in China. New figures show foreign smartphone shipments to China almost halved in November.
2024 was a banner year for Apple (AAPL -2.62%), with the stock delivering a total return of 33%, and it currently holds the top spot among all publicly traded companies by market capitalization at $3.7 trillion. Given its position, investors might wonder how much room the tech giant has to grow.
Apple (AAPL -2.62%), a personal devices and technology behemoth, has set many investors up for life over the years. The stock has returned over 250,000% since 1980.
The S&P 500 (^GSPC -0.22%) is home to 500 companies from 11 different sectors of the economy, making it the most diversified of the major U.S. stock market indexes.
Nvidia (NVDA 2.99%) and Apple (AAPL -2.62%) are very popular stocks among individual and institutional investors, but two highly successful hedge fund managers aggressively bought one and sold the other in the third quarter:
Apple Inc (NASDAQ:AAPL, ETR:APC) has agreed to a $95 million settlement to resolve a class-action lawsuit alleging that the Siri voice assistant inadvertently recorded private conversations without user consent. The lawsuit claimed that Siri activated unintentionally and disclosed recordings to third parties.
The 'Fast Money' traders talk Apple having its worst trading day since October.
Apple agreed to settle a Siri privacy lawsuit that alleged privacy violations. The plaintiffs said Siri recorded private conversations when unintentionally activated and shared them with third parties.
Losses from a pair of big-name companies, Apple and Tesla, headlined a broader slide in the stock market Thursday, a rocky start to the year's first trading session after 2023 and 2024's roaring bull market.
Apple reportedly agreed to pay $95 million to settle a privacy lawsuit centered on its voice assistant, Siri. A preliminary settlement was filed Tuesday (Dec. 31) but must be approved by a U.S. district judge, Reuters reported Thursday (Jan. 2).
Apple stock sank Thursday on news reports that the consumer electronics giant cut iPhone prices in China to compete with domestic rivals such as Huawei. The post Apple Stock Falls On iPhone Discounts In China appeared first on Investor's Business Daily.