Tag Archives: iphone


Apple’s Rise on Latest Numbers Shows It’s Still Viewed as an iPhone Company

Apple’s Rise on Latest Numbers Shows It’s Still Viewed as an iPhone Company

Apple investors got a shot in the arm on Friday on reports that the iPhone 11 is seeing higher-than expected demand. Shares of Apple (AAPL) were up 2.36% to $226.03 on Friday after Nikkei Business Daily reported that Apple has boosted production of the iPhone 11 line by 10%, or around eight million units. The boost was


Apple Plunges After Hours After Slashing Revenue Forecast

Apple Inc. (AAPL) shares fell sharply in after-hours trading Wednesday after the world’s biggest tech company cut its current quarter revenue forecasts thanks in part to slowing sales in China. In a letter to investors published after the close of trading, Apple CEO Tim Cook said revenue for the three months ending in December would come


Samsung’s Phone Woes Will Be Hard to Fix Until Big Hardware Innovations Arrive

It’s hardly a shock that sales of Samsung’s (SSNLF) latest flagship phones appear to have been soft last quarter, given the numbers that rivals and chip suppliers have been reporting. The big question now is what innovations can get the smartphone market out of its current rut, and how quickly they’ll arrive. Samsung’s shares fell


Key Takeaways from Microsoft, Qualcomm, Alibaba and PayPal’s Earnings

Microsoft (MSFT) , Qualcomm (QCOM) and PayPal  (PYPL) all reported after the close on Wednesday (along with Facebook), and Alibaba (BABA) reported on Thursday morning. Alibaba fell sharply, as did PayPal, which has been stung by news that eBay (EBAY) will stop using PayPal as its “primary” payments processor in 2020. Microsoft and Qualcomm have

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Apple, Starbucks and the Jobs Report – 5 Things You Must Know

Here are five things you must know for Friday, Nov. 3: 1. — U.S. stock futures were pointing to solid gains for Wall Street on Friday, Nov. 3, after Apple Inc. ( AAPL) reported stronger-than-expected earnings and guidance and as investors awaited the release of the U.S. jobs report for October. Economists surveyed by FactSet expect


Samsung Guides For Record Quarterly Profit as Chip Sales Provide Boost in Apple Battle

Samsung Electronics (SSNLF) said Friday that it expects to see record quarterly profits as rising demand for its memory chips and flagship Galaxy S8 boosts its bottom line amid its battle with Apple Inc. (APPL) for global smartphone dominance. Samsung said profits for the three months ending in June, its last fiscal quarter, are likely to