Apple on Monday announced plans to report quarterly earnings for the second fiscal quarter of 2019 at the end of trading on April 30, with company executives expected to detail the period's highs and lows in an ensuing investor conference call. Announced in an update to Apple's Investor Relations webpage, the forthcoming conference call is scheduled…
Sometimes people write to Apple CEO Tim Cook. Most don't get a response. But they do get passed around the company, and sometimes they inspire real action inside. In particular, they've helped guide the company deeper into the health care field. Apple has upped its commitment to health tech with recent partnerships with insurance companies and its new sensors to…
Warren Buffett’s Berkshire Hathaway has slightly reduced its stake in AAPL, new regulatory findings reveal. Buffett also exited a $2.13 billion stake in Oracle, and picked up new positions in software company Red Hat and Suncor Energy. As reported by Reuters, Berkshire’s AAPL position went from 252.5 million shares to 249.6 million. This is a relatively…
Ahead of Apple’s fiscal Q1 2019 earnings call in a few weeks, Gartner today is out without its look at the PC industry during the holiday quarter. According to Gartner, worldwide PC shipments fell 4.3 percent during calendar Q4 2018. Gartner says total PC shipments hit 68.6 million units during the quarter, which is down 4.3 percent…
CES used to be the biggest tech event of the year. Every January, almost 5,000 companies and 180,000 people descended on Las Vegas, for the biggest industry trade show in the world. Every electronics company you've ever heard of is there, along with thousands of others that you haven't. Except for Apple, and that matters…
Samsung is preparing to follow Apple in warning of lower than anticipated revenue, with the South Korean electronics giant expected to advise of a 12-percent year-on-year quarterly operating profit drop, its first in a two-year period. The announcement from Samsung, said to be arriving on Tuesday, is tipped to advise an operating profit of 13.3…
Apple’s share of the laptop market dropped by a dramatic 24.3% in Q3, according to new data. It saw the company drop from 4th to 5th place in the rankings … Apple’s market share fell from 10.4% in Q3 2017 to 7.9% in the same quarter this year. It lost fourth place to Asus, both…
Three big-name mutual funds loaded up on Apple stock in the third quarter, while bailing out of the other big names in tech —a move which is now setting up investors for short-term loss from shareholder sell-off. J.P. Morgan Chase & Company added 1.3 million shares in the third calendar quarter, climbing the total held…
Apple's worldwide Mac shipments were down in the third quarter of 2018, according to new preliminary PC shipping estimates shared this afternoon by Gartner. During the quarter, Apple shipped an estimated 4.9 million Macs, compared to 5.4 million in the third quarter of 2017 for an 8.5 percent drop. Apple's market share also declined, dropping…
By Annie Gaus Soon after passing $1 trillion in market capitalization, some Apple investors are already looking ahead to $2 trillion. According to one Apple analyst, Ming-Chi Kuo of Hong Kong-based TF International Securities, it won't be the iPhone, iWatch or even stock buybacks that will push Apple in that direction. It will be -- wait…
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