Apple Vision Pro a big hit in enterprise
During the Apple earnings call, Apple CEO Tim Cook shared that half of Fortune 100 companies have purchased Apple Vision Pro units.
During the Apple earnings call, Apple CEO Tim Cook shared that half of Fortune 100 companies have purchased Apple Vision Pro units.
Apple stock was having a tough year after some early gains — until investors erased the loss after Thursday's earnings report.
Alongside disclosing its earnings for Q2 2024, Apple also announced that it is increasing the dividend it pays to shareholders by 4%, and is also buying back more stock in one program than ever before.
Apple has released its financial results for the Q2 2024 quarter, with earnings beating predictions despite China iPhone fears.
Apple's Q2 financial results are being announced on May 2, and it might be rough, compared to the financial victories of the last five years. Here's what to expect, and what the analysts are saying.
Investment analyst firm TD Cowen is predicting that Apple's next earnings call will show little growth, but says forthcoming AI features could prove significant.
Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.
One investment firm isn't so sold on tales of disastrous iPhone order cuts, and instead, is bullish on what they see as better than expected order volume across Apple's supply chain.
Investment firm JP Morgan predicts that Apple will introduce AI with the 2025 iPhone 17 Pro, and has dropped its current price target to $210 partly as a result.
Apple CEO Tim Cook has sold shares in his company worth about $33 million, and received just under half that after tax.
Apple will be revealing its second fiscal quarterly results on May 2. This is what to expect from the financial results and the ensuing analyst conference call.
Projecting that Apple's annual revenue will decline in 2024, investment firm Loop Capital says iPhone demand is too soft.
With the earliest possible trial date start likely in late 2026, analysts are generally nonplussed by the Department of Justice omnibus antitrust suit and are telling investors to stick with Apple.
Aiming to show that its carbon reduction efforts are not mere "climate-washing," Apple has spotlighted how its Restore Fund is contributing to the restoration of a Brazilian rainforest, and attempts to save over 3,000 types of tree from extinction.
Investment firm Evercore says Apple is facing weakening demand and strong competition from AI rivals, but investors should stick with it for the long term.
An analyst note suggests regulation from the EU and the $2 billion fine may put pressure on Apple's earnings per share, but its shift to AI will help keep the earnings multiple even at about 25x.
Apple's annual shareholders' meeting concluded with support for all of its proposals, and rejection of shareholder proposals, despite controversies and disagreements.
Wedbush believes Apple's alleged move to cancel the development of the Apple Car provides a laser focus on what's next for the company — AI.
Apple has returned to the pole position in the European smartphone market in the holiday quarter of 2023, with the iPhone overtaking Samsung's hardware shipments.
The Sage of Omaha has decided to trim his Apple holdings, as part of what appears to be a small move away from big tech.
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