Apple is a leading technology company known for designing, manufacturing, and marketing a range of innovative consumer electronics, software, and services
Its flagship products include the iPhone, iPad, and Mac computers, which are widely recognized for their cutting-edge technology and user-friendly interfaces. In addition to hardware, Apple offers a suite of software applications, operating systems, and digital services such as the App Store, iCloud, and Apple Music. The company is also committed to sustainability and privacy, integrating these principles into its products and operations. With a focus on premium quality and seamless integration across its devices, Apple has established a loyal customer base worldwide.
S&P 500 though didn‘t reach the 6,035 support area after breaking below the low 6,070s – where does that and yields‘ unwillingness to follow in the Fed‘s preferred path leave us?
Market indexes seemed poised to slip into the red this afternoon, just 30 minutes before the close, after the White House announced 25% tariffs on Canada and Mexico starting Feb 1, with Canada vowing retaliation.
iPhone and iPad maker Apple (NASDAQAAPL) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 4% year on year to $124.3 billion. Its GAAP profit of $2.40 per share was 2.5% above analysts’ consensus estimates.
A tumultuous week barrels to a close as Asian investors take their cues from U.S. ‘Big Tech’ earnings, digesting Fed Chair Jerome Powell’s midweek messaging and bracing for a new round of tariff-induced market turbulence.
China sales declined for a sixth consecutive quarter, down a whopping 11.1%, and printing at only $18.5BN in what is supposed to be the strongest quarter, below the $21.6BN estimate.
Investors spent most of the day digesting a fourth-quarter gross domestic product (GDP) reading that missed expectations, in addition to several megacap earnings reports.
Apple CEO Tim Cook remained tight-lipped about how the company will handle potential tariffs under Trump's policies, even as proposed duties on chips and Chinese imports could significantly impact Apple's supply chain, pricing, and nearshoring efforts.
Apple Inc. faces ongoing challenges in its China business, with first-quarter revenue in Greater China declining 11% to $18.51 billion, though recovery hopes are pinned on Beijing's stimulus measures and inventory normalization.
Apple Inc. delivered better-than-expected fiscal first-quarter results, with Deepwater Asset Management's Gene Munster suggesting the quarter wasn't as disappointing as initial numbers indicated, citing channel inventory adjustments and forward guidance as key factors.
Apple CEO Tim Cook acknowledged China's DeepSeek for driving efficiency in AI while emphasizing Apple's cautious and strategic approach to capital expenditures during the company's Q1 earnings call.
New financials from X show growth in the last quarter of 2024. News of several large advertisers returning the the platform could boost signs of a continued rebound.
Wall Street is struggling to find risk-on momentum, with major indexes stuck near the flatline at midday as investors assess the latest earnings reports from mega-cap tech stocks and weaker-than-expected U.S.
