Apple profits rise 550% in South Korea
Apple generated over five times more profit from South Korea in its fiscal year ending September 2023 than it did the year before, from roughly the same net sales as the last two years.
Apple generated over five times more profit from South Korea in its fiscal year ending September 2023 than it did the year before, from roughly the same net sales as the last two years.
TSMC is expected to announce a 23% drop in profit for the fourth quarter, but analysts say Apple will continue to keep its orders "steady" for the immediate future.
Apple CEO Tim Cook took home $63.2 million for fiscal year 2023, dropping from $99.4 million the previous year, although it was at his own request.
Apple shareholders can attend the annual shareholder meeting on February 28 at 12 p.m. ET to vote and submit questions.
As Al Gore and James Bell reach the Apple Board of Directors retirement age of 75, Dr. Wanda Austin joins the board.
In intraday trading on Thursday, Apple was usurped as the most valuable company in the US for about two hours, with Microsoft temporarily taking the crown more than two years after the last time it happened.
According to an analyst note, the PC market has seen eight consecutive quarters of year-over-year shipment decline, with Apple holding on to its approximate 9% market share.
Investment firm Redburn Atlantic has become the latest to downgrade Apple, although its analyst is keeping its $200 price target.
AppliPhonee's chip manufacturer TSMC has reported better than expected revenues for Q4 2023, and says it's due to AI causing increased demand for high-performance processors.
Longtime Apple finance executive Saori Casey is leaving Apple to become chief financial officer at Sonos, a smart speaker maker and HomePod competitor.
TF Securities analyst Ming-Chi Kuo is cautioning investors about the hype surrounding the Apple Vision Pro launch, saying that if the headset doesn't sell out at first, it may be a longer road to success than anticipated.
Apple has officially announced that its first quarter 2024 earnings call, covering the holiday period, will be held February 1, 2024.
Apple's shares have taken a big hit in 2024, with sentiment surrounding the iPhone 15 down compared to the iPhone 14 and iPhone 13 perhaps playing a part of it.
As Microsoft stock rises and Apple's falls over analysts expectation of slowing iPhone demand, the two firms are once more within $100 billion of each other — the smallest gap in over two years.
Apple has been dealt another blow to its stock price, as analysts at Piper Sandler have downgraded AAPL to "neutral" over concerns of handset and macro weakness in 2024.
Apple's demand for the iPhone in China continues to be strong, Wedbush analyst claims, with strong overall demand likely to help push Apple to become the first with a $4 trillion market cap in 2024.
After a few months of quiet about the subject, and an explicit denial by China regulators in September, there are new reports circulating that China's ban on the iPhone is back on — and expanding.
Apple has agreed to settle a class action lawsuit over Family Sharing, agreeing to pay out $25 million to the class to put the matter to rest. Here's how to see if you qualify for your share.
The AAPL stock closed at $197.96, up 1.67% for the day, a new record high for the company.
Wedbush continues to be impressed by Apple, raising its price target for the iPhone maker from $240 to $250, a second rise in a three-month period.
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