Shop at the Apple Store with an Apple Card and you’ll reportedly get double the usual cash back. There has been no announcement, but unconfirmed reports indicate that the usual 3% Daily Cash back jumped to 6%. This same deal was offered back in 2019. Apple Card offers double cash back at Apple Store. Maybe.News…
Category: Finance
Intel under fire: What Wall Street thinks about Apple’s new MacBook Pro
Apple has unveiled new products in its MacBook Pro, AirPods, and Apple Music lineups. Here's what analyst thought about the company's latest offerings. The Cupertino tech giant on Monday took the wraps off a new 14-inch MacBook Pro and 16-inch MacBook Pro powered by a pair of upgraded M1 chips: the M1 Pro and M1 Max. In addition, Apple…
Apple’s Mac continues to grow in supply-constrained PC market
Apple shipped an estimated 7.82 million Mac units during the third calendar quarter of 2021, up 14.4% year-over-year, according to new PC market data. The Cupertino tech giant came in fourth among the top global PC makers, behind Lenovo, HP, and Dell in that order. Apple accounted for 9.3% of the market in the third quarter, which…
Apple’s share price closes at new record high of $153.12
Apple's stock price has closed at a new record high of $153.12 on Wednesday, following an intraday trading rally. The company's stock price climbed 2.75% in trading on Aug. 30. Shares of Apple climbed as high as $153.49 in intraday trading before closing at the new record. Apple's share price has climbed 18.325% since the…
Apple sold 1 million more Macs year over year in Q2
New estimates from Gartner claim that Apple sold over 6 million Macs in the second quarter of 2021, up from 5 million in the same period in 2020. Reporting mostly similar figures to IDC, Gartner estimates that a total of 6,086,000 Macs were sold in the second quarter, exactly a million more than the 5,086,000 in…
Apple’s Stock Reached New All-Time Highs This Week
Apple's stock closed at an all-time high price of $144.57 on Wednesday and continues to extend its gains this week, reaching a new intraday high above $145 in trading today. Apple shares have risen around 17% since the start of June. The stock market gains come ahead of Apple's third quarter earnings results, which will…
Apple shares close at record high, market cap hits $2.4 trillion
Apple's stock price closed at $144.57 on Wednesday, an all-time record high that breaks the previous record closing price set in January. The Cupertino tech giant's share price rallied 1.8% on Wednesday before hitting the record close. Overall, Apple's share price rose for the seventh day straight, the company's longest streak. Apple's closing share price…
iPad and Mac growth continue unabated in Q2 2021
Apple saw revenue from its iPad line grow 79% and its Mac line grow 70.1% in record breaking second quarter. Apple announced new budget iPads and M1-based Macs at the end of 2020, which fed growth for Q2 2021. The pandemic and work from home efforts have boosted sales of tablets and computers in most markets. During the second quarter earnings call, Apple CEO Tim…
Mac, Services to drive earnings growth amid slowing iPhone sales, analyst says
JP Morgan believes investors are primed for softer AAPL earnings results in Q1 2021, but believes that Mac and Services could still drive upside. In a note to investors seen by AppleInsider, lead analyst Samik Chatterjee writes that the setup heading into Q1 2021 earnings is "dramatically different than the last one," since the focus on near-term earnings…
Apple Mac shipments grew more than 110% year-over-year in Q1 2021
Apple's Mac is continuing to see a surge in growth, with the company shipping more than double the number of units in the first quarter of 2021 than the year-ago quarter. The Cupertino tech giant shipped an estimated 6.7 million Mac models in Q1 2021, up from an estimated 3.1 million shipments in Q1 2020, according to new…
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