Tag: apple

Is It Time To Sell Apple After Stock Pulls Back From All-Time Highs?

Apple Inc. briefly traded at all-time highs to start the year before pulling back with the overall markets. Having bounced off the lows over the past two days, is it time to head for the exits? A lot of growth and technology stocks are still trading “at valuations that don’t make sense for their growth prospects,” Gilman…


Lawmaker Says US Tech Companies Should Not Assist Communist China

Rep. Ken Buck (R-Colo.) said it is a “serious issue” that some American tech companies have chosen to please the Chinese Communist Party (CCP) in order to do business in China. “I think it is really important that we recognize just how compromised these companies are, when they deal with foreign governments and try to…


US Tech Companies Should Not Assist Communist China: Lawmaker

Rep. Ken Buck (R-Colo.) said it is a “serious issue” that some American tech companies have chosen to please the Chinese Communist Party (CCP) in order to do business in China. “I think it is really important that we recognize just how compromised these companies are, when they deal with foreign governments and try to…


Apple Rivals Microsoft, Blackberry, Nokia Laughed at iPhone—15 Years Later, Here We Are

Fifteen years ago, the world was introduced to the iPhone for the very first time by Apple Inc. co-founder Steve Jobs. The iPhone Debut Jobs made the announcement that ushered the iPhone into this world on Jan. 9, 2007, and put Apple on the path to becoming the nearly $3 trillion company that it is…


Apple Analyst Explains Why Cupertino Is Tracking Ahead of Expectations in December Quarter

Apple Inc. shares, which have come off from their all-time highs reached at the start of the year, could have an impending catalyst in the form of its earnings report. The Apple Analyst KeyBanc Capital Markets analyst Brandon Nispel reiterated an Overweight rating and $191 price target on Apple shares. The Apple Thesis Apple is…


CBP Seizes Shipment Containing 50,000 Fake Apple AirPods, 920 Nintendo Video Game Consoles From China

Customs agents working at the Port of Houston seized a shipment containing 50,000 fake Apple AirPods and 920 Nintendo video game consoles early last month for violating intellectual property rights (IPR), U.S. Customs and Border Protection announced on Thursday. The officers discovered the illegitimate products after inspecting a shipment of goods arriving from China into the United…


Warren Buffett Makes More Than $120 Billion on Apple’s $3 Trillion Milestone: ‘It’s Probably the Best Business I Know in the World’

By Amanda Breen Billionaire investor Warren Buffett’s big bet on Apple has paid off in a major way, making more than $120 billion on paper as the tech giant reached a milestone $3 trillion market valuation this week, CNBC reports. Berkshire Hathaway started purchasing Apple stock in 2016, and by mid-2018, the conglomerate had amassed…


Apple Retreats Again, After Valuation Tops $3 Trillion Again

Apple Inc.’s stock market value peaked on Tuesday for a second day above a $3 trillion, but the iPhone maker’s shares again failed hold that gain by the session’s end. Apple shares ended down 1.3 percent at $179.70, leaving its market capitalization at $2.95 trillion. On Monday, Apple’s stock market value rose briefly above $3…


Apple Becomes First Company to Hit $3 Trillion Market Value, Then Slips

Apple Inc. on Monday became the first company to hit a $3 trillion stock market value, before ending the day a hair below that milestone, as investors bet the iPhone maker will keep launching best-selling products as it explores new markets such as automated cars and virtual reality. On the first day of trading in…


This Day in Market History: Jobs and Wozniak Incorporate Apple Computer Corp

Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Jan. 3, 1977, Steve Jobs and Steve Wozniak incorporated Apple Computer Corp. Where Was The Market? The S&P 500 was trading at around 107.0 and the Dow Jones Industrial Average was trading at 999.75. What…