Apple Inc. designs, manufactures, and markets mobile communication and media devices, and personal computers. It also sells various related software, services, accessories, and third-party digital content and applications. The company offers iPhone, a line of smartphones; iPad, a line of multi-purpose tablets; and Mac, a line of desktop and portable personal computers, as well as iOS, macOS, watchOS, and tvOS operating systems. It also provides iTunes Store, an app store that allows customers to purchase and download, or stream music and TV shows; rent or purchase movies; and download free podcasts, as well as iCloud, a cloud service, which stores music, photos, contacts, calendars, mail, documents, and others. In addition, the company offers AppleCare support services; Apple Pay, a cashless payment service; Apple TV that connects to consumers’ TVs and enables them to access digital content directly for streaming video, playing music and games, and viewing photos; and Apple Watch, a personal electronic device, as well as AirPods, Beats products, HomePod, iPod touch, and other Apple-branded and third-party accessories. The company serves consumers, and small and mid-sized businesses; and education, enterprise, and government customers worldwide. It sells and delivers digital content and applications through the iTunes Store, App Store, Mac App Store, TV App Store, Book Store, and Apple Music. The company also sells its products through its retail and online stores, and direct sales force; and third-party cellular network carriers, wholesalers, retailers, and resellers. Apple Inc. was founded in 1977 and is headquartered in Cupertino, California.

  • Fed Bond Buys To Slow Despite Coronavirus Threat; Dow Jones Pares Gain
    on January 29, 2020 at 8:25 pm

    The Fed meeting signaled no change in interest rates and slower bond purchases, despite the economic threat posed by the coronavirus. The Dow Jones pared gains.

  • Dow's 59-point jump highlighted by gains in shares of Dow Inc., Apple Inc.
    on January 29, 2020 at 8:14 pm

    DOW UPDATE The Dow Jones Industrial Average is climbing Wednesday afternoon with shares of Dow Inc. and Apple Inc. seeing positive gains for the blue-chip average. The Dow (DJIA) was most recently trading 59 points, or 0.

  • Amazon earnings preview: Antitrust chatter will pick up ahead of presidential election
    on January 29, 2020 at 8:12 pm

    Amazon.com Inc.’s longstanding antitrust issues could take center stage ahead of the presidential election, say Monness Crespi Hardt analysts. Tech companies are increasingly the focus of Trump administration investigations, with the Justice Department and the Federal Trade Commission looking closely at antitrust issues. Perhaps sensing a bigger fight brewing, Amazon (AMZN) , along with Facebook Inc. (FB)  and Apple Inc. (AAPL) , ramped up their lobbying to record levels in 2019, with Amazon spending $16.1 million.

  • A hidden stock tip in Apple earnings? Watch these semiconductor companies, analyst says
    on January 29, 2020 at 8:10 pm

    DEEP DIVE Remember the China-trade fear and sales decline that caused Apple’s stock to plunge? It might seem like ancient history, but the stock bottomed only a year ago. And now, with Apple’s quarterly numbers backing the huge increase in its stock price, it may be time for its biggest suppliers — and other semiconductor companies — to go along for the ride.

  • GLOBAL MARKETS-Stocks gain on solid results, but virus keeps safe-havens alive
    on January 29, 2020 at 8:03 pm

    Global equity markets edged higher on Wednesday on strong results from Apple and others but concerns about the coronavirus outbreak in China kept a safe-haven bid in gold and the dollar alive. A Chinese government economist said the outbreak could cut China's first quarter growth by one point to 5% or lower as the crisis hits sectors from mining to luxury goods. Investors took in stride the Federal Reserve's first policy meeting of the year as it left interest rates unchanged.

  • Why American Airlines Could Have Investment Potential
    on January 29, 2020 at 7:35 pm

    The company’s growth prospects do not appear to be factored into its share price Continue reading...

  • US STOCKS-Apple, Boeing lift Wall Street as Fed stands pat
    on January 29, 2020 at 7:28 pm

    U.S. stocks rose on Wednesday, boosted by Apple, Boeing and General Electric following their quarterly results, though worries about the economic damage of the fast-spreading coronavirus kept gains in check. Stocks showed little reaction to the Federal Reserve's policy statement.

  • Apple’s Once-Sunny China Future Looks Hazy
    on January 29, 2020 at 7:02 pm

    (Bloomberg Opinion) -- China was supposed to be crucial to Apple Inc.’s future. A tech-savvy audience, impressive mobile infrastructure and growing wealth had executives and investors believing the world’s most populous country would drive growth.So far, the data indicate otherwise.The Greater China region — which comprises China, Hong Kong and Taiwan — just posted yet another period of underperformance, contributing little to the iPhone maker’s blowout December quarter.Only Japan posted worse growth in that three-month period, and that’s because the country had just changed regulations on mobile phone contracts that caused what’s likely to be a short-term slump in demand.This poor performance in China is not a one-off; it’s a trend.While the Americas and Europe clearly got a bump from year-end holiday demand, a shopping season that largely doesn’t apply to China, trailing 12-month revenue shows continuing trouble. On that basis, the picture is even worse. While Apple’s Japan business suffered from that regulatory change, its position in Greater China has struggled at the hands of strong local competitors such as Huawei Technologies Co. and Xiaomi Corp.Patriotism and the U.S.-China trade war serve to emphasize to many consumers that domestic offerings are as good as, or better, than what Apple provides. The iPhone was once a solid player in the market, but it now languishes around fifth with a single-digit share of the market.Greater China used to contribute more than a quarter of Apple’s revenue. That figure has fallen closer to 16% on a trailing 12-month basis, the lowest level in more than six years.  It has been convenient to believe that a growing market like China would help Apple overcome a slowdown in mature markets and general smartphone upgrade apathy among consumers. But the latest numbers show the country has a long way to go to fulfill that promise.To contact the author of this story: Tim Culpan at tculpan1@bloomberg.netTo contact the editor responsible for this story: Daniel Niemi at dniemi1@bloomberg.netThis column does not necessarily reflect the opinion of Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Apple Is on the 5G Sidelines While Huawei, Samsung Dominate Early Sales
    on January 29, 2020 at 6:55 pm

    Huawei was the market leader with 37% of the market, most of those sold in China according to a report from Strategy Analytics. Samsung has a 36% share.

  • Here Are The Key Takeaways From Apple's Blowout Quarterly Report
    on January 29, 2020 at 6:39 pm

    Apple stock rocketed to a record high on Wednesday as investors cheered the consumer electronics giant's December-quarter report. Strong sales of iPhone 11 handsets lifted its results.

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