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Tag: smart phones

Apple earnings show steepest sales decline in more than 6 years

Apple earnings show steepest sales decline in more than 6 years

February 2, 2023February 2, 2023 · Breaking News

Apple Inc. posted its largest revenue decline in more than six years amid underwhelming sales of iPhones, Macs and wearables, but its shares pared back most of their…

Read more Apple earnings show steepest sales decline in more than 6 years
Infineon profit nearly doubles as revenue climbs on strong demand for chips

Infineon profit nearly doubles as revenue climbs on strong demand for chips

February 1, 2023February 2, 2023 · Breaking News

Infineon Technologies AG on Thursday posted higher revenue and profit for its fiscal first quarter as strong chips sales in the automotive and industrial segments offset weaker demand…

Read more Infineon profit nearly doubles as revenue climbs on strong demand for chips
Apple valued below  trillion for the first time in more than 21 months as stock slides

Apple valued below $2 trillion for the first time in more than 21 months as stock slides

January 3, 2023January 3, 2023 · Breaking News

Apple Inc. finished Tuesday with a valuation below $2 trillion for the first time in more than 21 months amid a continued slide in its stock that reflects…

Read more Apple valued below $2 trillion for the first time in more than 21 months as stock slides
Apple Makes Plans to Move Production Out of China

Apple Makes Plans to Move Production Out of China

December 2, 2022December 3, 2022 · Business

In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s…

Read more Apple Makes Plans to Move Production Out of China
All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.

All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.

November 7, 2022November 7, 2022 · Breaking News

China’s strict zero-COVID policy was making headlines Monday after Apple and iPhone manufacturer Foxconn said over the weekend that restrictions are crimping production and will delay shipments of…

Read more All eyes on China as Apple and Foxconn outline zero-COVID issues. Meanwhile, cases are rising again in the U.S.
Apple warns that iPhone 14 Pro shipments will be hit by China production snags

Apple warns that iPhone 14 Pro shipments will be hit by China production snags

November 6, 2022November 6, 2022 · Breaking News

Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14 Pro and iPhone 14 Pro Max devices than it did previously, as COVID-19…

Read more Apple warns that iPhone 14 Pro shipments will be hit by China production snags
Qualcomm stock plunges to lowest price in more than two years as magnitude of smartphone shortfall shocks Wall Street

Qualcomm stock plunges to lowest price in more than two years as magnitude of smartphone shortfall shocks Wall Street

November 3, 2022November 3, 2022 · Breaking News

Wall Street had braced for a bumpy ride as Qualcomm Inc. navigated an oversupplied market for smartphone chips, but the chip maker’s stock still got T-boned Thursday after…

Read more Qualcomm stock plunges to lowest price in more than two years as magnitude of smartphone shortfall shocks Wall Street
Tim Cook has been an excellent leader for Apple — these numbers prove it

Tim Cook has been an excellent leader for Apple — these numbers prove it

November 3, 2022November 4, 2022 · Breaking News

How good is a company’s chief executive officer at investing your money most efficiently? This is an important question for long-term investors. It may underline the difference between…

Read more Tim Cook has been an excellent leader for Apple — these numbers prove it
Qualcomm stock drops more than 7% after poor outlook, months-long chip glut

Qualcomm stock drops more than 7% after poor outlook, months-long chip glut

November 2, 2022November 2, 2022 · Business

Qualcomm Inc. shares fell in the extended session Wednesday following the chip maker’s poor outlook, and estimates of about two months or more of inventory it needs to…

Read more Qualcomm stock drops more than 7% after poor outlook, months-long chip glut
Qualcomm stock drops more than 7% after poor outlook, months-long chip glut

Qualcomm stock drops more than 7% after poor outlook, months-long chip glut

November 2, 2022November 2, 2022 · Breaking News

Qualcomm Inc. shares fell in the extended session Wednesday following the chip maker’s poor outlook, and estimates of about two months or more of inventory it needs to…

Read more Qualcomm stock drops more than 7% after poor outlook, months-long chip glut
Apple stock surges toward best day since 2020 as it’s dubbed rare ‘bright spot’ amid Big Tech ‘carnage’

Apple stock surges toward best day since 2020 as it’s dubbed rare ‘bright spot’ amid Big Tech ‘carnage’

October 28, 2022October 28, 2022 · Breaking News

Which Big Tech company is not like the others? Apparently it’s Apple Inc. AAPL, +7.56%, which is set to become the only mega-cap technology company not to see…

Read more Apple stock surges toward best day since 2020 as it’s dubbed rare ‘bright spot’ amid Big Tech ‘carnage’
Apple stock surges toward best day since 2020 as it’s dubbed rare ‘bright spot’ amid Big Tech ‘carnage’

Apple stock surges toward best day since 2020 as it’s dubbed rare ‘bright spot’ amid Big Tech ‘carnage’

October 28, 2022October 28, 2022 · Breaking News

Which Big Tech company is not like the others? Apparently it’s Apple Inc. AAPL, +7.56%, which is set to become the only mega-cap technology company not to see…

Read more Apple stock surges toward best day since 2020 as it’s dubbed rare ‘bright spot’ amid Big Tech ‘carnage’
Apple earnings beat as record back-to-school Mac sales outweigh a slight miss on iPhones

Apple earnings beat as record back-to-school Mac sales outweigh a slight miss on iPhones

October 27, 2022October 27, 2022 · Business

At the end of a woeful week for Big Tech earnings, Apple Inc. managed to top expectations on revenue and earnings with the help of Macs selling at…

Read more Apple earnings beat as record back-to-school Mac sales outweigh a slight miss on iPhones
Apple earnings beat as record back-to-school Mac sales outweigh a slight miss on iPhones

Apple earnings show iPhone sales miss amid questions about smartphone demand; stock dips

October 27, 2022October 27, 2022 · Breaking News

Apple Inc. joined the chorus of Big Tech woes Thursday, falling short of expectations on quarterly iPhone sales and sending its stock lower in late trading. The smartphone…

Read more Apple earnings show iPhone sales miss amid questions about smartphone demand; stock dips
These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year

These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year

October 17, 2022October 17, 2022 · Breaking News

This may surprise you: Wall Street analysts expect earnings for the S&P 500 to increase 8% during 2023, despite all the buzz about a possible recession as the…

Read more These 11 stocks can lead your portfolio’s rebound after the S&P 500 ‘earnings recession’ and a market bottom next year
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