News

China Renaissance, DZ Bank and Phillip Securities downgraded AAPL stock, citing a combination of rising component costs, supply constraints and uncertainty around the pace of returns from Apple Intelligence.

Apple (AAPL) asked a US judge for a preliminary injunction barring ChatGPT maker OpenAI and two form

(Bloomberg) -- SpaceX’s first earnings report following its blockbuster initial public offering is one of the most anticipated events of the summer on Wall Street. Whether it’ll give investors a reason to buy the sinking stock is another matter.Most Read from BloombergBeer Dynasty Families Sell €731 Million Stake in AB InBevApple’s New CEO Taps Retired Hardware Executive for Management TeamTaco Bell Met With Michigan on Parasite Weeks Before RecallMamdani Dismisses Business Leaders Advising NYC’

The ChatGPT maker said Apple is using selective and false information, hours after Apple sought an injunction in the case.

Supply shortages and below-consensus guidance continued separating Apple from the broader mega-cap technology rally.

Micron Stock Slides as $500 Billion Chinese Chip Rival Ramps Up Threat

Both had similar issues, but one is much easier to justify because of its business direction.

Apple's Latest Acquisition Signals a Bigger Push Into AI and Advanced Chips

Component constraints are slowing the tech titan's growth.

Apple stock tumbled 7.4% to $308.91 on Friday after its fiscal third-quarter earnings report left investors disappointed. The drop wiped out $359 billion in value, bringing Apple's market capitalization to $4.

AI-driven component shortages limited Apple's growth outlook and threatened to erase approximately $500 billion in market value.

Apple earnings growth is picking up while largely avoiding the AI spending spree by other tech giants.

Nvidia stock was rising after Amazon raised its capital expenditure forecast and played down competition between its custom AI chips and Nvidia’s processors.

Apple Stock Tumbles as Memory Costs Threaten iPhone Demand

Apple (AAPL) stock is moving lower after the company's revenue forecast fell short of Wall Street's expectations. Yahoo Finance Technology Editor Dan Howley chats with Yahoo Finance Executive Editor Brian Sozzi about what's driving the stock and guidance lower.

(Updates with the latest stock move in the headline and in the first paragraph, outlook commentary i

The iPhone maker reported its third quarter earnings on Thursday, beating analysts' expectations on the top and bottom lines on strong iPhone sales, but shares fell after Services and Greater China sales came up short.

Apple just posted record quarterly results and watched nearly $350 billion in market value vanish overnight. The culprit is a supply crisis Tim Cook once called a hundred-year flood, and it may define the final chapter of his tenure.

Analysts at Morningstar said in a recent note that Apple's outlook points to mounting pressure from AI-driven memory inflation, tight chip supply and foreign exchange headwinds.

Micron stock was building on huge gains from the previous day as Apple and Amazon confirmed there’s no end in sight to the memory-chip shortage.

For Apple shareholders, here’s a way to get paid a meaningful income now, which you keep no matter what, in exchange for agreeing to sell at a price above today's if the stock keeps climbing.

Apple’s iPhone revenue jumped by almost 22% in the three months to June, but its forecast for the current quarter fell short of analysts’ expectations.View on euronews

The iPhone maker said supply constraints and currency headwinds will continue to weigh its business in the ongoing quarter.

Apple expects September quarter revenue to grow between 9% and 11% from the prior year, below expectations.

Apple late Thursday beat Wall Street's targets for its fiscal third quarter ended June 27. But its sales outlook was weak.

Apple's third-quarter earnings featured strong growth for its flagship product, but shares are falling about 4% after market close. IPhone sales grew 21% , but Apple's overall revenue of $109.4 billion came in only slightly above Wall Street's $108.

Apple (AAPL) reported strong fiscal third-quarter results amid momentum in iPhone sales, though the

Revenue rose 16% to $109.4 billion and EPS climbed 29%, but a shortfall in services sent Apple stock down in after-hours trading

Apple's services business didn't quite meet Wall Street expectations in the latest quarter. The segment includes sales from the App Store, Apple Music, iCloud and other software-like offerings. It's a crucial part of Apple's business as it provides the company with a continued revenue stream from existing customers beyond product purchases.

Higher production costs, weakening Apple modem demand and lower-margin data-center programs pressured Qualcomm's outlook.