Apple’s 4 for 1 stock split is set for Monday, August 31 and ahead of it analysts are weighing in on how the move will impact the stock’s share price. While historically AAPL has seen on average a 10.4% increase 12 months after its stock splits, there are a couple of factors that could hint at stronger than…
MacBook sales in the third quarter have increased by a fifth compared to the same period last year, and Taiwan-based diode makers are seeing "robust demand" for MacBook parts as the trend for remote working continues to grow, according to a new report by DigiTimes. Recent sales of its MacBook devices, including MacBook Pro and MacBook Air lineups, have increased…
Apple impressed investors last night with strong quarterly earnings, reporting its best June quarter ever, despite the global economic uncertainty as the COVID-19 pandemic continues to disrupt daily life worldwide. AAPL stock opened today at ~$409, a new all-time high for the company, and up 6.5% from market close yesterday. Apple made headlines in August 2018 for…
Apple today shared its earnings results for the third fiscal quarter of 2020, and iPad and Mac sales saw a surge in growth as people transitioned from working in offices to working from home. Both iPad and Mac saw double digit growth during the quarter. Mac sales brought in $7 billion, up from $5.8 billion in the…
Apple has announced that it will report its earnings results for the third quarter of fiscal 2020 on Thursday, July 30. The quarter began on March 29, just over two weeks after the World Health Organization declared COVID-19 a global pandemic. Apple did not provide guidance for the quarter due to these uncertain times, but…
Shipments of Apple's Mac computers were up 5.1% year over year in the second quarter of 2020, behind wider growth experienced by the PC industry following coronavirus delays, according to research firm Gartner. Apple is estimated to have shipped 4.4 million Macs during the three-month period ending in June, up from 4.2 million units in the year ago quarter.…
Hoping to ease any coronavirus-related burden on its customers, Apple is allowing Apple Card cardholders the ability to defer their July payments, penalty-free. With unemployment surging during the COVID-19 pandemic, many people are being forced to choose which payments to make and which they'll have to miss. Apple, along with their financial partner Goldman Sachs,…
Apple shares climbed to an all-time high at the close of Nasdaq trading on Tuesday, rising $10.53, or 3.16 percent, and hitting $343.99 per share. Apple now has a market value of almost $1.491 trillion. Despite a bumpy start to the year, tech stocks have fared well during the global health crisis. Apple saw its…
It was an unusual fiscal second quarter for Apple—and for basically everyone else on Earth, too, of course. But on Thursday we got a little bit of a sense of how Apple has weathered the storm so far and what might be in the company’s future, as Apple reported its quarterly results and spent an hour talking…
While COVID-19 certainly overshadowed Apple’s most recent financial quarter, the company actually saw an annual increase in revenue, with the growth primarily coming from services and wearables. Looking ahead, the company predicts that Mac and iPad sales will be strong. And CEO Tim Cook remains confidant about Apple’s future. 1. Total revenue was better than…
You must be logged in to post a comment.