A small questionnaire sent out to a handful of Apple investors suggests that there isn't a consensus on whether the Cupertino tech giant can maintain its growth across 2022, according to JP Morgan. In a note to investors seen by AppleInsider, JP Morgan analyst Samik Chatterjee analyzed responses from a buy-side survey conducted after Apple's…
Apple shareholders are being urged to vote against a planned $99 million compensation package for Apple CEO Tim Cook, reports Financial Times. Shareholder advisory group Institutional Shareholder Services (ISS) said on Wednesday that there is a "significant concern" with the stock Cook was awarded in 2021. Cook last year was awarded stock valued at $82…
Apple announced financial results for the first fiscal quarter of 2022, which corresponds to the fourth calendar quarter of 2021. For the quarter, Apple posted revenue of $123.9 billion and net quarterly profit of $34.6 billion, or $2.10 per diluted share, compared to revenue of $111.4 billion and net quarterly profit of $28.8 billion, or…
While Apple was able to meet the demand for its polishing cloth after weeks of shortages, we can’t say the same about all other products it launched in the past few months. As the company plans to report its Q1 2022 earnings this Thursday, Apple still has to catch up on manufacturing its products before…
Apple (NASDAQ:AAPL) is likely to keep taking market share in computers, thanks to the M1 system-on-a-chip, which Morgan Stanley believes is a "key differentiator." Analyst Katy Huberty, who has an overweight rating and a $200 price target, opined on data from market research firm IDC, released earlier this week, which noted that Apple shipped an…
A new report shows that 2021 Mac shipments grew almost twice as fast as the PC market as a whole. Annual growth for Mac was 28.3%, against 14.6% for the global PC market. The impressive result was of course strongly driven by sales of the M1 Pro and M1 Max MacBook Pro models, which went…
It’s that time of the year again. Thanksgiving is right around the corner, and the Black Friday discounts are coming in thick and fast. It’s the perfect time to do some holiday shopping — especially if you’re on the lookout for Apple devices. AirPods, Apple Watch, iPad and more are currently available at tasty discounts…
Right on the heels of a fresh round of rumors about Apple's autonomous car project, Apple's stock price spiked to a new all-time high today, touching $157.87 per share before pulling back slightly. The previous all-time intraday high was set back on September 7 at $157.26, and Apple's stock is now up over 21% so…
Apple shipped 6.5 million laptops in the third quarter of this year, thanks in large part to high demand for the M1-powered MacBook Air. That's according to research firm Strategy Analytics, whose data put Apple as the fourth largest seller of laptops between July and September, earning it 10% of the global market share and…
Apple broke its own quarterly record for revenue in the September quarter, but it fell short of what Wall Street was predicting largely because of supply chain constraints affecting the entire industry. Here's what analysts had to say about the results. The Cupertino tech giant reported quarterly revenue of $83.4 billion, missing Wall Street expectations…
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