Apple Vice President of Communications Steve Dowling leaving in October
According to an internal memo, Apple communications head Steve Dowling is leaving in October after 16 years of service to the company.
According to an internal memo, Apple communications head Steve Dowling is leaving in October after 16 years of service to the company.
Following Goldman Sachs predictions claiming that Apple TV+ trials would be reported financially in such a manner that investors would complain and bail out of the stock, Apple has said that it will have no impact on results at all.
After a month of gains, and one day after Apple's September event, Wall Street has responded by raising the share price for the company to a level that gives it a market capitalization valuation that exceeds 1 trillion dollars once again.
Apple is set to have a bullish 2020, Morgan Stanley claims the day after the launch of the 2019 iPhone models, with the aggressive pricing of Apple Arcade and Apple TV+ forming part of Apple's strategy to accelerate its Services revenue growth into next year.
Analysts are weighing in on Tuesday's "It's Innovation Only" iPhone 11 launch event, with positive sentiment from industry watchers over the pricing of Apple TV+ and Apple Arcade accompanying the largely-expected iPhone upgrades.
Tuesday's anticipated launch of new iPhone models isn't going to be a massively interesting event for investors, JP Morgan suggests, with "limited surprise" for the iPhone forcing most of the attention on pricing and other potential hardware launches.
Less than a week before Apple reveals its next-generation iPhones, Cowen forecasts Apple will start shipping the new models towards the end of September, but predictions of a second-generation iPhone SE and other future potential changes to the iPhone are seen somewhat more favorably.
Apple is getting ready to offer bonds for the first time in almost two years, looking to raise cash to fund share buybacks and other activities without needing to use its repatriated cash hoard.
Apple is staying relatively conservative with production of its 2019 iPhones, analysts suggest, with the overall number of units ordered from its assembly partners thought not to be that much higher than what the company requested for 2018's releases.
Ailing LCD producer Japan Display could potentially start production of OLED panels for smartphones at one of its domestic facilities, the CEO of a consortium helping the manufacturer with a bail out suggests, one that could possibly provide screens for a future iPhone model.
Apple's 2019 iPhone refresh will be disappointing, according to Nomura Instinet, with financial analysts cutting their estimates to below the Wall Street consensus with the added belief other takes on the 5G-equipped 2020 models are too optimistic.
Apple may be able to help offset the impact of December's tariffs on the iPhone due to alterations in its production cost, JP Morgan believes, with the bill of materials per iPhone said to be lower for the upcoming 2019 models than for previous versions.
Apple should put the planet before profits, a group of more than 30 business leaders from major companies have urged, via a full-page advertisement in the New York Times demanding members of the Business Roundtable lobby group become more ethical in their practices.
Apple TV+, the iPhone maker's upcoming video streaming service, is likely to achieve 12 million subscriptions by the end of 2020, analysts at Cowen suggest, with Apple breaking even in its original content production efforts if it reaches 10 million users.
Following a July planning meeting with U.S. Attorney General William Barr, individual states appear poised to launch their own antitrust investigations of big tech sooner rather than later.
President Donald Trump says that Apple CEO Tim Cook made a compelling argument that it would be difficult for Apple to pay 10% tariffs on its imports from China, when Samsung does not face similar hurdles.
Goldman Sachs is spending somewhere in the region of $350 to acquire every new customer of Apple Card, analysts claim, with the investment bank not expected to make a profit on the user until they have been a customer for four years on average.
Apple's suppliers are seeing higher levels of revenue ahead of the launch of new iPhone models expected in September, JP Morgan says, and despite volume shipment challenges, the iPhone is still managing to maintain its average selling price.
Following a declaration that some of the threatened 10% tariffs on electronics would be postponed until December, Apple stock is on the rise.
Apple is partnering with environmental group RESOLVE to find new ways to responsibly source gold in Alaska for electronics manufacture.
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