Apple shares plummeted on news that the 5G iPhone 12 could be held up due to concerns over the global COVID-19 pandemic, Nikkei Asian Review reported on Wednesday (March 25), citing sources. Aside from supply chain issues, the tech giant is concerned there won’t be...
The new year started off well for Apple, which saw its share price crossing the $300 mark for the first time on Thursday. Shares in the company closed 2.3 percent higher to $300.35 at the end of the day. On the first day of trading...
New tariffs imposed by China could cause Apple’s iPhone production costs to rise as much as 3 percent, and negatively impact the company’s revenues. According to Fortune, Wedbush analyst Dan Ives told investors that the tariffs would mean a boost in the smartphone’s manufacturing cost...
For Apple, the smartphone production cuts may be a tell on consumer fickleness – or just much sound and fury, signifying nothing. As with just about everything in life, time will tell. News comes Monday from Nikkei, as cited by ZDNet, CNBC and a host...
September 28, 2017
Call it the “X Factor.” Apple’s X Factor, to be precise. And that Factor has taken a bit of a toll on the Apple ecosystem, to the tune of several billion dollars — along with tepid news and reviews about the iPhone 8 series that is just now hitting shelves. More than $48 billion dollars, in […]
August 02, 2017
Despite many predictions that the numbers would reflect a “lame duck” quarter for Apple, as consumers kept their wallets shut tight in anticipation of the next big iPhone upgrade, the team at Cupertino managed a...
November 03, 2024
Warren Buffett has once again sold off another large piece of his stake in Apple. As CNBC reported Saturday (Nov. 2), the billionaire investor’s Berkshire Hathaway had $69.9 billion worth of Apple shares at the end of September, according to its latest earnings report. This implies Buffett had sold around a quarter of his stake […]
March 26, 2020
Apple shares plummeted on news that the 5G iPhone 12 could be held up due to concerns over the global COVID-19 pandemic, Nikkei Asian Review reported on Wednesday (March 25),...
January 03, 2020
The new year started off well for Apple, which saw its share price crossing the $300 mark for the first time on Thursday. Shares in the company closed 2.3 percent...
May 15, 2019
New tariffs imposed by China could cause Apple’s iPhone production costs to rise as much as 3 percent, and negatively impact the company’s revenues. According to Fortune, Wedbush analyst Dan...
