Latest AAPL News
Apple Stock Jumps on Artificial Intelligence (AI) Driving iPhone Sales. Here’s Why It’s Not Getting Crushed by the DeepSeek Launch.
The news of DeepSeek's launch last week spread rapidly in the markets, wiping out 16% of Nvidia's value while affecting many other artificial intelligence (AI) stocks.
Report: UK Orders Apple to Allow Access to User Data
Apple is reportedly facing an order from British authorities to give the government a way to access global user data stored in its cloud services. The authorities asked the tech giant in January, in an undisclosed order, to remove the encryption it uses to secure the data, Bloomberg reported Friday (Feb. 7), citing an unnamed source.
Could Buying Apple Stock Today Set You Up for Life?
As of this writing, Apple (AAPL -2.40%) carries a gargantuan market cap of $3.4 trillion. This not only rivals the GDP figures of some large nations, but it makes the consumer technology business the world's most valuable enterprise.
Warren Buffett Has Two-Thirds of Berkshire Hathaway’s $297 Billion Portfolio Invested in 5 Magnificent Stocks
There aren't many money managers who can captivate the attention of professional and everyday investors like Berkshire Hathaway's (BRK.A 0.71%) (BRK.B 0.74%) billionaire CEO, Warren Buffett. Since the appropriately named "Oracle of Omaha" took over as CEO six decades ago, he's led his company's Class A shares (BRK.A) to an eye-popping cumulative return of almost 5,650,000%, as of the closing bell on Feb. 3.
Apple Tops a Billion Subscribers as Services Climb to Record Revenue
Go figure. Apple reports flat sales for Q4 on its flagship product and Wall St. applauds. But that's what happened Thursday (Jan. 30) as the company reported record overall revenue and a positive impact so far on iPhone sales from Apple Intelligence.
Apple quarterly revenue increases, even as China sales decline 11%
Apple's latest earnings were a mixed bag filled with slipping iPhone sales and countered by rising revenue.
Should Investors Load Up on Apple Stock Before Jan. 30?
We have entered the heart of the earnings season for the fourth quarter of 2024. Tesla, Meta Platforms, and other big technology companies will be updating investors with their financial results this week.
Apple AirPods With Cameras? Rumors Persist About Next-Gen Features
Apple Inc. AAPL reportedly continues to explore AirPods with tiny infrared cameras. What Happened: In his latest "Power On" newsletter, Bloomberg columnist Mark Gurman fleetingly mentioned camera-equipped AirPods while reporting about Cupertino's wearables development. While he did not dwell on the use cases of the camera, it clearly indicated that the development is still on the cards. According to previous reports, these tiny infrared cameras are expected to deliver an enhanced spatial audio experience, especially in combination with Vision Pro headset. See Also: Jeff Bezos-Backed Perplexity Revises TikTok Merger Deal, Proposes Giving US Government 50% Stake: Report Reports also indicated that the cameras would allow users to leverage sound sources based on head movements while watching videos with the headset. Moreover, they could enable “in-air gesture control,” allowing users to interact with devices through hand movements. Mass production of these AirPods will reportedly begin by 2026 with a potential release in 2026 or 2027. Apple has yet to confirm any such plan. Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox. Why It Matters: The AirPods lineup is a critical component of Apple's wearables, home, and accessories category. It generated $9.04 billion in revenue during the fiscal fourth quarter of 2024 which represents a slight decline from $9.32 billion in the same period in 2023. Apple continues to maintain its leadership in the true wireless stereo (TWS) market, holding a 17% market share as of the third quarter of 2024. However, this represents a sharp decline from 48.1% in 2019, according to Statista. Price Action: Apple stock declined 0.39% on Friday, closing at $222.78, and fell an additional 0.27% in after-hours trading, according to Benzinga Pro data. Check out more of Benzinga's Consumer Tech coverage by following this link.
Zuckerberg: Apple’s ‘Random Rules’ Hampering Meta’s Profits
Meta's CEO criticized Apple for a lack of innovation and “random rules,” on a recent podcast. And those rules, Mark Zuckerberg argued, hinder Meta's profits, CNBC reported Friday (Jan. 10), citing comments made on an episode of the “Joe Rogan Experience” podcast.
Apple’s Stock Too Expensive On Sell Off Threat
Apple (NASDAQ: AAPL) is the world's most valuable company based on its market cap.