Tag Archives: Apple

Apple opposes judge’s order to unlock iPhone used by San Bernardino attacker

Updated at 12:56 a.m. Pacific to add Apple’s statement. Apple was ordered Tuesday by a federal judge in California to provide assistance to the FBI to search a locked iPhone 5c that was used by Syed Rizwan Farook, one of the terrorists said to have been involved in an  attack in San Bernardino, California, on Dec. 2. The government’s request ... Read More »

Apple sharpens focus on India with new maps development center

Apple is setting up a maps development center in India, part of a broader effort to  grab a bigger share of one of the world’s largest markets. The company has also applied to the government to set up its first wholly owned, branded store in the country to take advantage of the liberalization of retail rules for foreign companies. India ... Read More »

Big traders buy last-minute Apple protection

With a big move for Apple shares expected after the bell, options traders appear to be bracing themselves. The Tuesday earnings report is expected to send Apple shares up or down by 6 percent, based on a look at options prices. (That is, 6 percent of the stock price is the amount one would have to pay in order to ... Read More »

Apple still has potential for upside surprise: Expert

Though Apple shares have fallen nearly 10 percent since the start of October, Wood isn’t shaken. In an interview with CNBC on Tuesday, she said the stock is currently in the bottoming phase. The company’s installment plans and Apple Watch will cause an upside surprise. Apple’s installment plans allow users to pay for unlocked new iPhones for a monthly fee ... Read More »

Data: Apple primed to beat earnings estimates

Apple’s shares are down more than 16 percent the last three months versus an approximately 10 percent decline for the S&P 500 andNasdaq as investors and analysts lower their expectations for the company’s earnings report Tuesday evening. Many investors are betting the tech giant may actually surprise with an earnings per share beat, according to Estimize, a crowdsourced financial estimates ... Read More »

Could Apple turn the tide for stocks?

If earnings are going to turn the tide for stocks, this may be the week and Tuesday could be the day — and Apple could be the stock. Tuesday morning is busy with blue chip earnings, like Procter & Gamble, Johnson & Johnson and 3M, but it’s Apple’s after-the-bell report that might matter most. Apple is expected have earned $3.23 ... Read More »

Research says Apple Watch claimed over 50% of smartwatch market last year

The Apple Watch – which launched in April 2015 – constituted more than 50% of the smartwatch shipments last year, according to new data from Juniper Research. On the other hand, sales of Tizen-powered Samsung Gear S2, which was launched in the month of November, weren’t strong despite the smartwatch being largely well received. It was also revealed that the ... Read More »

Wall Street loves Apple. Investors? Not so much

Despite a declining stock and a number of ominous warnings from suppliers, analysts still expect solid earnings from Apple, when the world’s most valuable company reports after the bell Tuesday. The Cupertino California-based company is expected to post revenue of $76.6 billion, up from $74.59 billion in the year-ago period, according to analysts surveyed by Thomson Reuters. Earnings are expected ... Read More »

Apple goes green with bond

Apple was poised to sell its first-ever Green bond on Tuesday, bringing some clout to the growing market dedicated to environmentally friendly projects. Brought as part of a $12 billion nine-part bond sale, the seven-year Green bond is raising $1.5 billion for the tech giant at a final spread of US Treasuries plus 135bp. Apple’s bond sale is comprised of ... Read More »

watchOS 2.2 beta allows multiple Apple Watches to pair with one iPhone

The new iOS 9.3 beta for developers isn’t the only thing Apple is releasing today. The company has also made the watchOS 2.2 beta available for developers. This latest iteration of the software running inside the Apple Watch comes with one big new feature. You can now pair multiple Apple Watches with one iPhone. This is only possible if all ... Read More »