Republican U.S. presidential candidate Donald Trump said he received a call from Apple CEO Tim Cook over concerns about the financial penalties that have been imposed by the European Union on the iPhone maker.
Apple Inc. ( NASDAQ: AAPL ) has long held an attraction for its ergonomic approach towards computing and communications among students and tech-minded users.
Google is “very likely” to be barred from paying billions to Apple to ensure its search engine is enabled by default on iPhones after its stunning loss to the Justice Department in a landmark antitrust trial, according to analysts at Jefferies.
AAPL has surged 34% since April, outperforming the broader market and showing bullish momentum. In Q3 2024, services revenue rose to 28.23% of total sales, up from 25.93% YoY. Apple's installed user base reached 1.56 billion in 2024, growing ~6.85% YoY, driving services revenue growth.
Taiwan Semiconductor Manufacturing Co TSM stock surged after upbeat quarterly print on Thursday.
Today's Big 3 focuses on big companies that may signal consumer health. Aquiles Larrea joins Rick Ducat and Nicole Petallides to break down the technical trends in Apple (AAPL), Hilton (HLT), and Philip Morris (PM).
CNBC's Steve Kovach joins 'Squawk Box' with the latest news from Apple.
I maintain a "Sell" rating on Apple stock due to a lack of margin of safety and a potentially negative reaction to the upcoming Q4 report. Despite record revenues and strong service growth, I expect weak Q4 FY2024 earnings, with low demand for new iPhone models as indicated by wait time data. AAPL's valuation premium is high, trading at 31 times next year's earnings, which is significantly above the historical average, raising concerns about future growth.
IDC recently estimated that iPhone shipments rose 3.5% in the third quarter. Analysts are optimistic about Apple's iPhone 16 sales going into the holiday season.
Griffin aggressively added to his hedge fund's positions in all three of these top AI stocks in Q2.
Apple Chief People Officer Carol Surface is leaving after less than two years, Bloomberg reports. Surface's exit adds to the number of top-ranking employees set to leave or switch roles soon.
Apple worked with a Chinese automaker for years to design a battery system for its now-canceled car project.