Topic: Investor
Apple loses $2 trillion market capitalization for the first time in 2021
03/08/2021, 04:03 pm
Apple's market capitalization closed below the $2 trillion threshold on Monday, after shares dropped more than 4% in intraday trading.
Apple's 2021 iPhone build orders higher than they've been in years
03/02/2021, 08:03 am
Apple's success with the iPhone 12 and iPhone 12 Pro is continuing to exceed analyst expectations, with orders climbing by over 50% year-over-year.
Demand for 'iPhone 13' could be boosted by iPhone 12 'supercycle'
02/28/2021, 12:02 pm
Apple's production of the iPhone 12 generation is continuing strong, a supply chain report from Wedbush claims, with Apple likely to continue enjoying the "supercycle" through to the "iPhone 13."
Berkshire Hathaway saw Apple holdings grow despite stock sale
02/27/2021, 03:02 pm
Berkshire Hathaway's annual letter to shareholders has praised Apple, using the iPhone maker as a demonstration of how share repurchases can be a good thing for investors.
'Apple Car' could generate $50B in revenue by 2030, analyst says
02/24/2021, 09:02 am
The "Apple Car" may not disrupt the market when it first debuts, but Piper Sandler says it could become a solid hardware revenue source for Apple, possibly generating $50 billion by 2030.
Apple prospers as top smartphone seller amid industry decline
02/22/2021, 06:02 am
Apple has once again become the highest-selling smartphone producer in the world, with demand for the iPhone 12 range granting it the top spot for the fourth quarter of 2020.
iPhone 12 demand could help Apple reach $3T valuation by end of 2021
02/21/2021, 05:02 pm
The high popularity and sales of the iPhone 12 will continue throughout 2021, according to analysis by Wedbush, a factor that could give Apple a market capitalization in excess of $3 trillion by the end of the year.
Japan's Renesas takes over Apple supplier Dialog Semiconductor in $6B deal
02/08/2021, 08:02 am
Dialog Semiconductor, a UK-based chip producer who is also a supplier to Apple, is being taken over by Renesas Electronics in a deal valued at $6 billion.
App Store growth hits six-month high in January 2021, analyst says
02/03/2021, 04:02 pm
Apple's App Store and demand for notebook computers like the MacBook are both off to a strong start in the first month of 2021, according to Morgan Stanley.
Apple tops 'most admired companies' survey for 14th year in a row
02/01/2021, 09:02 am
Apple has topped Fortune's chart of the world's most admired companies for the 14th year in a row, with it beating out Amazon, Microsoft, and Walt Disney for the top slot once again.
Apple's $111.4 billion quarter - which analysts were right and which were wrong
01/31/2021, 05:01 pm
In the wake of Apple's stellar holiday quarter results, analysts have been quick to respond to the $111.4 billion in revenue and other data points Apple raised in its financials. Here's what the analysts think of the results -- as well as how far out they were in their predictions.
Examining Apple's staggering $111.4B holiday quarter by the numbers
01/30/2021, 08:01 pm
Apple's Q1 2021 results were the highest ever for the Cupertino giant, with a later iPhone release schedule and many other factors supersizing typically huge results. Here's a breakdown of the key figures Apple disclosed about its holiday quarter fortunes.
Apple broke record for FaceTime call volume over holidays
01/27/2021, 06:01 pm
Apple CEO Tim Cook on an earnings call Wednesday said that the company set a new record for the most FaceTime call volume during the holiday season.
Apple's $111.4B Q1 shatters quarterly record with massive growth across all categories
01/27/2021, 04:01 pm
Apple earned $111.4 billion in revenue in the first quarter of 2021, blasting past the $100 billion barrier for the first time on double-digit growth across all product categories.
UBS raises Apple Q1 2021 revenue estimates on iPhone 12, Mac strength
01/25/2021, 03:01 pm
Investment bank UBS has raised its Apple December quarter estimates, citing better-than-expected iPhone shipments, average selling prices, and Mac sales.
Wedbush raises AAPL price target to $175, expects 'eye popping' earnings
01/25/2021, 12:01 pm
Wedbush has raised its Apple price target to $175 on expectations that the company will announce "eye popping" iPhone shipments and earnings for the December quarter.
Cowen upgrades iPhone 12 build forecasts over continuing high demand
01/25/2021, 08:01 am
High demand for the iPhone 12 has prompted Apple to increase its build orders for the March quarter, Cowen analysts claim, with sales in China said to be a highlight of the quarter's finances.
Morgan Stanley raises AAPL target to $152, expects blockbuster December quarter
01/21/2021, 10:01 am
Morgan Stanley has raised its Apple price target to $152 on expectations of a strong December quarter across its product and services portfolio.
Apple could hit $3T market cap by 2022, says analyst
01/13/2021, 10:01 am
Continuing iPhone 12 demand is exceeding Wedbush's most bullish expectations, with the firm predicting that a $3 trillion Apple market capitalization can be hit by mid-2022.
Apple Watch, AirPods beneficiaries of coronavirus-driven wearables boom
01/12/2021, 09:01 am
Smartwatches and fitness trackers like the Apple Watch have benefitted from the COVID-19 pandemic throughout 2020, according to Gartner, with consumer spending on wearable devices likely to continue to rise throughout 2021 and into 2022.