Tag: Apple

BUSINESS

Apple Loses Its Bite

Apple Inc., the multinational technology giant, ceded its position as the world’s most valuable company amid a broad sell-off of technology stocks. Saudi Arabian oil and gas producer Aramco has reclaimed its number one position for the first time in almost two years. Investors have been selling shares in technology firms as they move into what they see as less […]

BUSINESS

Apple Set To Discontinue iPod Touch

Apple has announced it is discontinuing its original music player, the iPod Touch.  The firm says it will remain available to buy while stocks last. It was last updated in 2019. The iconic MP3 player was launched in 2001 and could up to store 1,000 tracks.  It was designed by Tony Fadell, who later invented the iPhone. Support The Readers […]

BUSINESS

Apple Is Ripe For The Pick

Apple (AAPL) officially has a market capitalization of $3 trillion. The tech giant passed the $182.86 mark at the beginning of the week, making it the first publicly traded company in history to hit such a market valuation. Apple’s rise to a $3 trillion market cap, which is based on its stock price, comes less than two years after its […]

BUSINESS

Will Apple Go Crypto?

Apple’s CEO Tim Cook is talking cryptocurrency, but will the head of the tech giant lead his company into the crypto world? He has said in prior reports that he personally owns cryptocurrency. However, he suggested that any foray of Apple into that area would be from a technology perspective, but not from a treasury decision. “It’s something we are […]

BUSINESS

Tech Giants Rake In Massive Profits

Tech giants have seen a massive increase in profits following consumers’ appetite for new digits, cloud services, and games. Apple’s profits nearly doubled to US$21.7 billion in the three months to June 30 as customers bought pricier 5G iPhones. Microsoft saw a $16.5 billion profit – up 47% year-on-year, due to demand for cloud services and games. Google’s parent company, Alphabet, […]

BUSINESS

Apple Sees Record Second Quarter Results

Apple has reported positive financial results for its fiscal 2021 second quarter, which ended March 27, 2021. The Company posted a March quarter record revenue of $89.6 billion, up 54 percent year over year, and quarterly earnings per diluted share of $1.40. International sales accounted for 67 percent of the quarter’s revenue. “This quarter reflects both the enduring ways our […]

BUSINESS

Apple Hits The $2 Trillion Mark

Apple Inc., the American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services has become the first U.S. company to be valued at $2 trillion on the stock market. It reached the milestone just two years after becoming the world’s first trillion-dollar company in 2018. Its share price hit $467.77 […]

BUSINESS

Apple — The Most Valuable Public Company In The World

Apple Inc., the American multinational technology company with its headquarter in Cupertino, California, is now reported as the most valuable company in the world. The company designs, develops and sells consumer electronics, computer software, and online services. The company’s shares jumped more than 10% last after the company reported earnings, reaching an all-time high. The stock rose another 2.5% on […]

BUSINESS

Apple Set To Reopen In U.S.

Apple Incorporated plans to reopen about 100 U.S. stores, mostly with curbside pickup but some with walk-in service. The company made the announcement earlier in the week. Apple shuttered stores worldwide as the coronavirus pandemic spread but has slowly opened them based on local health data. The company reopened a small number of stores earlier this month in Alaska, Idaho, […]

BUSINESS

Apple TV+ Now In The Streaming Mix

Apple Inc., the American multinational technology company headquartered in Cupertino, California, has moved into the crowded streaming TV market by debuting its Apple TV+ recently. Now, audiences in over 100 countries and regions can watch Apple TV+ on the Apple TV app, featuring new exclusive original shows, movies, and documentaries from today’s most imaginative storytellers. One can now enjoy Apple […]