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Apple rewrites how Americans pay for iPhones
TheStreet14d agoneutral
Apple rewrites how Americans pay for iPhones

There is a real difference between paying for something and paying to use it. Most people do not notice which one they agreed to until the final payment clears. For roughly a decade, financing an expensive phone in the United States worked one way. You committed to a monthly number, you made the ...

Samsung unveils wider foldable phone, hikes prices as chip costs rise
Reuters15d agoneutral
Samsung unveils wider foldable phone, hikes prices as chip costs rise

Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples ‌with rising memory chip prices while bracing for a new threat from Apple ‌in the niche but growing segment. The South Korean technology company pioneered foldable smartphones but its dominance is set to ​be challenged by Apple which analysts expect this year to launch a foldable phone with a screen similar in size to an iPad mini. "Strategically, this is one of Samsung's most important foldable launches," said Francisco Jeronimo, vice president at researcher IDC.

OpenAI IPO delayed by Apple threat?
Yahoo Finance Video15d agoneutralVIDEO
OpenAI IPO delayed by Apple threat?

Host Kenny Polcari, Hennion & Walsh CIO Kevin Mahn, and Neostellar Capital Corp Principal Willy Lee break down Apple's intellectual property lawsuit against OpenAI, how it exposes Apple's AI vulnerabilities, and why the legal battle could push the highly anticipated IPO to 2027.

Intel results to test if AI-fueled rally has room to run
Reuters15d agobullish
Intel results to test if AI-fueled rally has room to run

Intel's results on Thursday will show whether the American chip icon has the numbers to back a Wall Street rally that has ‌sent its shares nearly three times higher this year, as its turnaround ‌push wins over investors and the AI buildout powers demand. Investors are also eager for details on potential new customers for its contract manufacturing business, which has shown growing traction with deals including a ‌Tesla tie-up. • Among the biggest ⁠questions for Intel is a potential deal to manufacture processors for Apple that U.S. President Donald Trump announced in April but neither ⁠company has confirmed.

Bloomberg15d agobullish
Stumbling Stock Rally Looks to Earnings for Second Half Boost

(Bloomberg) -- Investors who spent weeks watching US stocks go nowhere are pinning their hopes for a breakout on a key pillar of the four-year bull run: corporate earnings. Most Read from BloombergTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Restrictions LiftTreasury Flags Concern Over ‘Potenti

Alphabet vs Apple: The Better Buy Before Earnings
24/7 Wall St.16d agobullish
Alphabet vs Apple: The Better Buy Before Earnings

Alphabet and Apple both crushed their last quarters, but they are running completely opposite playbooks heading into earnings season. One is burning through cash to own the AI future while the other hands it back to shareholders, and only one setup looks sharp right now.

Bank of America doubles down on Apple stock ahead of earnings
TheStreet16d agoneutral
Bank of America doubles down on Apple stock ahead of earnings

July 30 is Tim Cook's last earnings call as Apple's CEO. He's been running the company since 2011, and when he gets off that call, John Ternus takes over. That alone makes this quarter worth paying attention to, beyond the usual revenue-and-margins conversation. Bank of America published its ...

Apple to launch 'Upgrade' device leasing program to spur sales, Bloomberg News reports
Reuters16d agobullish
Apple to launch 'Upgrade' device leasing program to spur sales, Bloomberg News reports

Apple is launching a device leasing program called 'Apple Upgrade' on July 28 in the U.S. to ‌boost sales, Bloomberg News reported on Tuesday, citing people with ‌knowledge of the matter. The new service arrives as Apple has raised prices on ​its iPads, MacBooks and other devices except the iPhone, no longer able to shield customers from surging memory and storage chip costs driven by the AI industry's data-center buildout. Apple Upgrade will support most iPhone, ‌Mac, iPad and Apple Watch ⁠models and the company is partnering with Klarna Group as the financial backer for the program, the report ⁠said.

AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO
Benzinga16d agoneutral
AAPL Stock Hits Historic 11x Sales Valuation Ahead of Tim Cook's Final Earnings Call as Apple CEO

Apple Inc.‘s (NASDAQ:AAPL) valuation has officially shattered records, trading at an unprecedented 11 times its sales revenue just as CEO Tim Cook prepares to oversee his final earnings report. The technology behemoth touched an intraday all-time high of $334.99 on Friday, July 17, reflecting surging investor optimism in artificial intelligence and pushing the company to its “highest valuation level in company history.” Artificial Intelligence Drives Sentiment Shift Apple’s recent stock surge on

Bloomberg16d agoneutral
Paramount-Warner Deal at Risk of Delays That Would Cost Billions

(Bloomberg) -- Paramount Skydance Corp. was on the brink of closing its blockbuster $110 billion takeover of Warner Bros. Discovery Inc. Now the companies are facing a legal hurdle that risks putting the deal on hold for months at a cost that could quickly climb to billions of dollars. Most Read from BloombergSaudi-Led Coalition in Yemen Vows to Protect Ships From HouthisUS Strikes Iran in Escalating Campaign After Troops KilledIran Says Mediators Stepping In After Days of US ClashesMoonshot’s K