Apple reaches another milestone as it becomes the first U.S. company to hit $1.5 trillion valuation
Despite a rough start to 2020, Apple has managed to become the first company in the United States to reach a valuation of $1.5 trillion.
Stocks
Apple’s stock price returns to pre-COVID levels, sets a new all-time high
Its previous all-time closing high of $324.95 was set on February 12. AAPL has rallied about eleven percent this year.
Warren Buffett sold more than $800 million worth of Apple stock last quarter
The sale is massive, but keep in mind that it represents less than one percent of the billionaire investor’s Apple holdings that account for nearly 30 percent of his portfolio.
Apple’s News, Stocks, Home, and Voice Memos apps will be getting improved with macOS Catalina
Apple’s Craig Federighi says that the first four iOS apps the company launched on macOS will be getting upgraded with the upcoming release of macOS Catalina.
Apple reports Q2 2019 revenue of $58 billion
Apple on Tuesday disclosed its [fiscal] Q2 2019 earnings report, offering a look at its performance over the past 3 months. During the quarter, the company says it raked in $58 billion. That’s a hair over the $57.5 billion Wall Street analysts expected, and about 5% less than the $61.1 billion it reported in Q2 last year.
Apple lowers holiday quarter earnings guidance due to fewer iPhone upgrades & other factors
Apple on Wednesday issued a revision for its fiscal Q1 2019 earnings, lowering its revenue expectations from $89 billion to $93 billion down to ‘approximately $84 billion.” Tim Cook made the announcement in an open letter to investors, and trading halted on the news.
How to use Apple’s Stocks app on Mac
The Stocks app in macOS Mojave allows you to check the financial markets and also learn more about your favorite companies. Here’s how to it.
Warren Buffett’s Berkshire Hathaway now second largest Apple shareholder
Warren Buffett’s Berkshire Hathaway recently revealed its increased stake in Apple. With 239.3 million shares, the company is now the second largest Apple shareholder behind Vanguard Group.
Interesting points from Apple’s Q2 earnings call
Apple earlier today announced the financial results for its fiscal second quarter of 2018, and the numbers for the 3-month period are outstanding. The company beat Wall Street expectations across the board, and grew in almost every category year-over-year.
Apple’s Q2 2018: 52.2M iPhones, 9.1M iPads, $61.1B revenue
Apple this afternoon disclosed its [fiscal] Q2 2018 earnings report, offering a look at its performance over the last 3 months. The company beat Wall Street expectations in just about every category, selling 52.2 million iPhones and earning $61.1 billion in revenue. Here’s a full breakdown of the numbers.
iOS 12 code-named “Peace” reportedly includes a redesigned Stocks app
Apple’s annual software upgrades this fall will offer users plenty of new capabilities, including a revamped Stocks app for iPhone even though the company will push back some features that aren’t as polished to the following year.
Apple’s Q4 2017: 46.7M iPhones, 10.3M iPads, $52.6B revenue
Apple has reported its [fiscal] Q4 2017 earnings, offering a look at its performance over the last 3 months.
