Apple stock closes down 3% on news of Epic ruling
Apple's stock price dipped more than 3% at the end of trading Thursday after a mixed ruling was handed down in the Epic v. Apple court case.
Apple's stock price dipped more than 3% at the end of trading Thursday after a mixed ruling was handed down in the Epic v. Apple court case.
Ahead of Apple's September 14 event, Piper Sandler has raised its Apple price target to $175 on strong demand for the current iPhone 12 lineup offsetting relatively low interest in the "iPhone 13."
A group of Apple shareholders is pressuring the company to exempt harassment and discrimination from employee nondisclosure agreements — and the company is refusing the demands.
Apple stock is on a roll. Shares pushed above $154 during trading and settled on a new all-time high of $153.65 at the bell on Thursday, breaking the previous record set on Monday.
Apple's stock price touched a new intraday high on Wednesday after analyst Jeff Kvaal of Wolfe Research upgraded his rating after nearly a year bearish warnings.
Apple's car strategy will likely focus on vertical integration, with the company having a hand in virtually every aspect of the "Apple Car," Morgan Stanley analysts said.
Apple's stock price has closed at a new record high of $153.12 on Monday, following an intraday trading rally.
After taking over from Steve Jobs, Apple CEO Tim Cook was promised ten award payments over the course of his tenure, with this $750 million being the final one.
Discord is expected to seed a new investment round at around $500 million as a result of $15 billion valuation.
Samsung is preparing to invest 240 trillion won ($205 billion) on its various businesses over the next three years, including enhancing its memory production lines.
Sales of Apple's iPhone remain resilient despite the likely release of the new "iPhone 13" lineup being less than a month away, according to investment bank JP Morgan.
Investment bank JP Morgan has raised its Apple price target to $180 on expectations that the "iPhone 13" and a 5G iPhone SE could be catalysts that drive another record year for the Cupertino company.
Institutional ownership of Apple shares increased in the June quarter, though the percentage is still down year-over-year because of a massive sequential decline earlier in 2021, Morgan Stanley says.
An Apple employee in Cork, Ireland, has been awarded $5,275 for being unfairly dismissed, after traces of explosives were found in his bag.
Poly Network, the cryptocurrency interoperability protocol, says that it has been hacked and more than $600 million in assorted cryptocurrency was stolen.
The new head of the SEC, Chair Gary Gensler, wants to protect cryptocurrency investors from fraud and believes that changes in investment laws will be needed soon.
Apple is taking advantage of historically low interest rates with a $6.5 billion bond sale that will go toward corporate initiatives like stock buybacks, payment of dividends and acquisitions.
Apple reported Q3 2021 revenue and earnings that smashed expectations — meaning a lot of analysts were wrong. Here's what analysts predicted for Apple's June quarter, versus what Apple actually reported.
Apple managed another record-breaking third quarter in its latest financial results. Here's how Q3 2021 for the iPhone maker stacks up against previous quarters over the years.
Apple posted the financial results from its second fiscal quarter of 2021 on Tuesday, breaking all of the company's third fiscal quarter records with $81.4 billion in revenue. Following are the notes of interest from both the report and the subsequent analyst conference call, with remarks from Apple CEO Tim Cook and CFO Luca Maestri.
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