Profile
Sector:
TechnologyIndustry:
Consumer ElectronicsCountry:
United StatesIPO:
12 December 1980Website:
http://www.apple.comNext earnings report:
N/ALast dividends:
12 August 2024Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:59:37 GMTAnalysts recommendations
Institutional Ownership
AAPL Latest News
The conglomerate's cash pile tops $300 billion for the first time.
The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.
Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, selling more Apple shares and boosting cash to a record $325.2 billion, while the company's operating profit declined.
In the most recent quarter, Warren Buffett's Berkshire Hathaway sold 300 million shares of Apple.
The billionaire has shown his understanding of stocks and the market throughout the years.
Apple's (AAPL) earnings highlight the importance of Apple Intelligence as the company introduces new artificial intelligence (AI) features, aiming to encourage more customers to upgrade their devices. Ben Bajarin, CEO and main analyst at Creative Strategies, talks with Market Domination hosts Julie Hyman and Josh Lipton about how Apple must create excitement around its AI offerings without making promises that could lead to user disappointment.
The technology company is committing additional funds to support Globalstar's satellite network, which enables Emergency SOS and messaging services.
Among the six stocks in 'The Magnificent 7' that have shared their results for the September quarter, the market reacted negatively to three of them: Apple, Microsoft, and Meta. However, it was pleased with Tesla's report and had a positive response to the results from Alphabet and Amazon.
On Friday morning, November 1, Apple shares fell as investors were unsure about the company's plans for introducing artificial intelligence features. Apple provided some guidance on this matter on Thursday, October 31.
A chaotic week driven by the earnings of large companies ended with all indices falling, except for the RUT. The mixed results from the top seven companies contributed to the final outcomes of the week.
What type of business is Apple?
Apple Inc. is an American corporation that manufactures personal and tablet computers, audio players, phones, and software. One of the pioneers in the field of personal computers and modern multitasking operating systems with a graphical interface. Headquarters are located in Cupertino, California. Founded in 1976. The company's most well-known products include the Mac computer line, iPod media player, iPhone smartphone, and iPad tablet. Apple's online services include iCloud, iTunes Store, and App Store. Consumer software products include the operating systems OS X and iOS, the media browser iTunes, the web browser Safari, as well as multimedia software suites iLife and iWork.
What sector is Apple in?
Apple is in the Technology sector
What industry is Apple in?
Apple is in the Consumer Electronics industry
What country is Apple from?
Apple is headquartered in United States
When did Apple go public?
Apple initial public offering (IPO) was on 12 December 1980
What is Apple website?
https://www.apple.com
Is Apple in the S&P 500?
Yes, Apple is included in the S&P 500 index
Is Apple in the NASDAQ 100?
Yes, Apple is included in the NASDAQ 100 index
Is Apple in the Dow Jones?
Yes, Apple is included in the Dow Jones index
When was Apple the previous earnings report?
No data
When does Apple earnings report?
Next earnings report date is not announced yet