Apple shares are closing in on an all-time high, amid increasing Wall Street optimism that the company can return to growth in 2024 after a four-quarter run of revenue declines. Apple is up about 50% so far this year, rising 0.5% on Friday. At a recent $195.19, Apple is less than 1% below its all-time closing high of $196.45 on July 31...
Continue ReadingThe VMware acquisition and AI chips help chip maker’s transformation, but Apple still casts a large shadow...
Continue ReadingInvestment analysts at Morgan Stanley have raised their target price for Apple based on the outlook for Services, iPhone 15 gross margins, and high consumer interest in Vision Pro...
Continue ReadingEarly this morning, Taiwan Semiconductor announced its net revenue for November came in at ~NT$206.03 billion, a decrease of 15.3% from October, and down 7.5% compared to last year. Given its position in the smartphone food chain, Taiwan Semi typically posts a sequential increase during November and then a downtick in December as the we approach a seasonal drop that occurs between the December and March quarters. Taiwan Semi's shares initially traded off on the news but there is a more insightful way to view its monthly revenue data...
Continue ReadingDespite rumors that they would arrive in October, Apple hasn't yet released its input peripherals with USB-C — but a leaker is predicting that they may be just around the corner...
Continue ReadingElectronics giant Apple (NASDAQ: AAPL) and e-commerce platform Shopify (NYSE: SHOP) have been big winners over the past five years. How much are investors paying for cash profits? Apple and Shopify have little in common...
Continue ReadingRising US-China tensions are putting pressure on Apple to diversify its manufacturing base. Apple is reportedly moving iPad product development resources to the south-east Asian nation for the first time. Scrutiny of Apple’s dependence on China, where it makes about 90 per cent of its products, intensified last year in a row over Chinese factory workers’ protests over lockdowns...
Continue ReadingThis week, we're all being spied on — a little — while some sources are hearing news about iPhone 16 microphones, and others are having their lives saved by Emergency SOS on their iPhones...
Continue ReadingClariVest Asset Management, LLC, an affiliate of Carillon Tower Advisers, Inc., released the “Carillon Clarivest Capital Appreciation Fund” third quarter 2023 investor letter. A copy of the same can be downloaded here. The third quarter of 2023 began strongly in July, but the equity markets were unable to withstand the ongoing upward momentum in interest rates, and […]...
Continue ReadingApple is reportedly moving key engineering resources to Vietnam, which will now be involved in iPad development as well as production...
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