ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers
173.72
1.10
(0.64%)
Closed March 18 04:00PM
174.01
0.29
( 0.17% )
Pre Market: 06:59AM

Unlock more advanced trading tools

Join ADVFN today

Key stats and details

Current Price
174.01
Bid
174.03
Ask
174.15
Volume
70,493
0.00 Day's Range 0.00
154.15 52 Week Range 199.62
Market Cap
Previous Close
173.72
Open
-
Last Trade
30
@
174.06
Last Trade Time
06:59:16
Financial Volume
-
VWAP
-
Average Volume (3m)
59,649,068
Shares Outstanding
15,441,881,000
Dividend Yield
0.55%
PE Ratio
27.66
Earnings Per Share (EPS)
6.28
Revenue
383.29B
Net Profit
97B

About Apple Inc

Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a var... Apple designs a wide variety of consumer electronic devices, including smartphones (iPhone), tablets (iPad), PCs (Mac), smartwatches (Apple Watch), AirPods, and TV boxes (Apple TV), among others. The iPhone makes up the majority of Apple's total revenue. In addition, Apple offers its customers a variety of services such as Apple Music, iCloud, Apple Care, Apple TV+, Apple Arcade, Apple Card, and Apple Pay, among others. Apple's products run internally developed software and semiconductors, and the firm is well known for its integration of hardware, software and services. Apple's products are distributed online as well as through company-owned stores and third-party retailers. The company generates roughly 40% of its revenue from the Americas, with the remainder earned internationally. Show more

Sector
Electronic Computers
Industry
Comp Personal/workstation
Website
Headquarters
Cupertino, California, USA
Founded
1976
Apple Inc is listed in the Electronic Computers sector of the NASDAQ with ticker AAPL. The last closing price for Apple was $173.72. Over the last year, Apple shares have traded in a share price range of $ 154.15 to $ 199.62.

Apple currently has 15,441,881,000 shares outstanding. The market capitalization of Apple is $2.68 trillion. Apple has a price to earnings ratio (PE ratio) of 27.66.

AAPL Latest News

Apple in Talks with Google to Integrate Gemini AI into iPhone, Shaping a New Era in Tech Collaboration

Apple is currently in discussions to incorporate Google’s Gemini AI tool into its iPhone, according to insiders familiar with the matter who spoke to Bloomberg News. This potential collaboration...

U.S. Stocks Give Back Ground After Early Rally But Close Mostly Higher

After showing a strong move to the upside early in the session, stocks gave back some ground over the course of the trading day on Monday but managed to close mostly higher. With the upward move, the ...

Apple Jing’an to welcome its first customers this Thursday, March 21, in Shanghai

The new Apple Store in Shanghai features Apple’s best lineup of products ever, special Today at Apple sessions that celebrate local culture, and a team of more than 150 ready to offer excellent servic...

Apple & Google in Talks for Gemini AI on iPhone, Nvidia’s GTC Conference Today, and Latest News

Apple (NASDAQ:AAPL) – Apple is in discussions with Google to integrate Gemini AI into the iPhone. Additionally, it is considering a partnership with Microsoft and OpenAI for generative features....

Adobe Stock Drops Following Below-Estimate Projections, Cardlytics Surges with Unexpected Profit, and More News

Adobe (NASDAQ:ADBE) – Adobe‘s shares fell approximately 11.65% in pre-market trading following a robust first fiscal report. Adobe reported an adjusted earnings per share of $4.48 on reven...

Fisker’s Shares Take a Hit Amid Speculation of Bankruptcy, Altria Divests from AB InBev to Fund Stock Repurchase Initiative

Fisker (NYSE:FSR) – Shares of the electric vehicle startup fell 39.71% in pre-market trading, following a Wall Street Journal report that Fisker hired restructuring consultants as part of prepar...

Intel Loses Pentagon Funding, Shell Plans 20% Business Team Reduction, and Latest News

Intel (NASDAQ:INTC) – The Pentagon has decided not to proceed with a plan to allocate up to $2.5 billion in chip subsidies to Intel, shifting the responsibility to another federal agency, the De...

Sam Altman Rejoins OpenAI Board; Coinbase, MicroStrategy Surge Pre-Market Amidst Bitcoin’s Latest Milestone

OpenAI – Sam Altman, CEO of OpenAI, returns to the board along with three new directors, following a WilmerHale investigation into his dismissal last November. The company has strengthened its g...

EU regulators seek details of escalating Apple, Epic Games spat

Apple (NASDAQ:AAPL) has been asked to explain why it prevented Fortnite video-game maker Epic Games from launching its own online marketplace on iPhones and iPads in Europe and whether this breaches E...

Tesla Exits Market Top 10, Victoria’s Secret Stock Tumbles 30% on Weak Forecast

Tesla (NASDAQ:TSLA) – Tesla exited the top 10 largest US companies by market cap for the first time in 13 months, surpassed by Visa (NYSE:V). The stock drop reflected concerns about margins and ...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10.810.46766743649173.2177.71170.28575070368172.80435428CS
4-7.78-4.27966334782181.79185.015168.4968715126175.73966473CS
12-19.6-10.123444037193.61196.38168.4959649068182.78642285CS
26-3.51-1.9772420009177.52199.62165.70556811133182.65192225CS
5218.9412.2138389115155.07199.62154.1557423771180.08080411CS
15654.1145.1292743953119.9199.62118.8675872703157.30254657CS
260126.9225269.54605787147.0875199.6242.567568670904137.79302662CS

Market Movers

View all
  • Most Active
  • % Gainers
  • % Losers
SymbolPriceVol.
FUSNFusion Pharmaceuticals Inc
$ 20.86
(96.05%)
590.51k
OTRKOntrak Inc
$ 0.32
(68.42%)
5.19M
ZCARZoomcar Holdings Inc
$ 1.88
(59.32%)
8.53M
BTCTBTC Digital Ltd
$ 3.87
(32.99%)
20
XTIAXTI Aerospace Inc
$ 2.72
(29.52%)
359.58k
GWAVGreenwave Technology Solutions Inc
$ 0.1729
(-53.65%)
393.34k
PIXYShiftPixy Inc
$ 4.55
(-33.09%)
254.45k
AFIBAcutus Medical Inc
$ 0.213
(-18.70%)
321.91k
AIRJMontana Technologies Corporation
$ 9.06
(-18.08%)
70
MNDOMIND C T I Ltd
$ 1.85
(-17.41%)
566
ZCARZoomcar Holdings Inc
$ 1.88
(59.32%)
8.53M
OTRKOntrak Inc
$ 0.32
(68.42%)
5.19M
VERBVerb Technology Company Inc
$ 0.3899
(8.31%)
3.92M
SQQQProShares UltraPro Short QQQ
$ 11.145
(0.86%)
1.73M
CJETChijet Motor Company Inc
$ 0.6425
(10.72%)
1.4M

AAPL Discussion

View Posts
DiscoverGold DiscoverGold 20 hours ago
Apple $AAPL with a bullish island reversal pattern in the works + MACD crossing to the upside
By: TrendSpider | March 18, 2024

• Apple with a bullish island reversal pattern in the works + MACD crossing to the upside.



Read Full Story »»»

DiscoverGold
👍️0
DiscoverGold DiscoverGold 22 hours ago
Today Apple Inc. (AAPL) is the best performer in the DJIA
By: Thom Hartle | March 18, 2024

• Today (8:32 CST), the best performer in the DJIA is Apple Inc. AAPL.



Read Full Story »»»

DiscoverGold
👍️0
DiscoverGold DiscoverGold 2 days ago
$AAPL - The March 7 low was a potential daily cycle low on day 42. Since there was no positive divergence on the RSI, the low may not be in yet and a lower low is still possible next week. In order to confirm the daily cycle low it would have to close above the 20 day MA.
By: CyclesFan | March 17, 2024

• $AAPL - The March 7 low was a potential daily cycle low on day 42. Since there was no positive divergence on the RSI, the low may not be in yet and a lower low is still possible next week. In order to confirm the daily cycle low it would have to close above the 20 day MA.



Read Full Story »»»

DiscoverGold
👍️0
DiscoverGold DiscoverGold 2 days ago
Apple $AAPL inside doji candle on the weekly chart, decent setup for a reversal if bulls can hold the line.
By: TrendSpider | March 17, 2024

• $AAPL inside doji candle on the weekly chart, decent setup for a reversal if bulls can hold the line.



Read Full Story »»»

DiscoverGold
👍️0
golfer101mi golfer101mi 4 days ago
We need to get production of all Apple products out of china and just take the hit. Not a nice country.
👍️0
DiscoverGold DiscoverGold 4 days ago
Apple $AAPL just formed its first Death Cross since June 2022
By: Barchart | March 14, 2024

• Apple $AAPL just formed its first Death Cross since June 2022.



Read Full Story »»»

DiscoverGold
👍️0
Investors3 Investors3 5 days ago
Apple set to expand Apple Vision Pro availability to many more countries soon
Thursday, March 14, 2024 12:25 pm
No Comments

Based on code discovered by MacRumors, Apple will soon add 12 new languages to the virtual keyboard on the Vision Pro, which is currently only sold in the U.S. (launched on February 2, 2024). The company is expected to expand Apple Vision Pro availability to many more countries soon.

Aaron Perris for MacRumors:

The code indicates the following languages will be added:

• Cantonese, Traditional
• Chinese, Simplified
• English (Australia)
• English (Canada)
• English (Japan)
• English (Singapore)
• English (UK)
• French (Canada)
• French (France)
• German (Germany)
• Japanese
• Korean

It’s likely that these language additions hint at the countries where Apple will launch the Vision Pro next, including Australia, Canada, China, France, Germany, Japan, Singapore, South Korea, and the UK. Hong Kong and Taiwan are also potential candidates.
?
MacDailyNews Take: Finally!

https://macdailynews.com/2024/03/14/apple-set-to-expand-apple-vision-pro-availability-to-many-more-countries-soon/
👍️0
Mt. Blanc Mt. Blanc 7 days ago
AAPL 169s worked for an entry.

mb
👍️0
DiscoverGold DiscoverGold 1 week ago
Today Apple Inc. (AAPL) is the best performer in the DJIA
By: Thom Hartle | March 11, 2024

• Today (8:32 CST), the best performer in the DJIA is Apple Inc. AAPL.



Read Full Story »»»

DiscoverGold
👍️0
DiscoverGold DiscoverGold 1 week ago
Apple's $AAPL stock performance each full year since going public
By: Evan | March 9, 2024

• Apple's $AAPL stock performance each full year since going public

1981: -35.1%
1982: +34.9%
1983: -18.4%
1984: +19.5%
1985: -24.5%
1986: +84.1%
1987: +108%
1988: -3.4%
1989: -11.6%
1990: +23.5%
1991: +32.4%
1992: +6.9%
1993: -50.5%
1994: +35.2%
1995: -17.3%
1996: -34.5%
1997: -37.1%
1998: +211.7%
1999: +151.1%
2000: -71.1%
2001: +47.2%
2002: -34.6%
2003: +49.1%
2004: +201.3%
2005: +123.3%
2006: +18%
2007: +133.5%
2008: -56.9%
2009: +146.9%
2010: +53.1%
2011: +25.6%
2012: +32.6%
2013: +8.1%
2014: +40.6%
2015: -3%
2016: +12.5%
2017: +48.5%
2018: -5.4%
2019: +89%
2020: +82.3%
2021: +34.7%
2022: -26.4%
2023: +49%
2024*: -11.2% (So far)

Read Full Story »»»

DiscoverGold
👍️ 1
jimmirehman jimmirehman 2 weeks ago
This is nothing but a buying opportunity. Gonna dump my mutual funds for this banger
👍️0
Canna_Business Canna_Business 2 weeks ago
https://tradingeconomics.com/united-states/non-farm-payrolls
👍️0
infamous infamous 2 weeks ago
IMO,this closes no less than 176 by EO next week.
👍️0
infamous infamous 2 weeks ago
just a matter of a couple days IMO that we start climbing above 180 again! AAPL
👍️0
mm41 mm41 2 weeks ago
European Union is also taking massive action against US tech companies.
👍️0
mm41 mm41 2 weeks ago
China bans iPhone for state employees. Sales plummet dramatically. It remains to be seen whether the stock will be able to maintain its current stock market overvaluation after such reports
👍️0
Scot892 Scot892 2 weeks ago
Agoura, for once I agree with you. Been holding this rotten apple but it's all house shares I'm holding so even if it's rotten, it's still green. Hope this turns around and I can grow more green apples once the rotten seed is in the ground from here on up. Been waiting to see it hit 200 so we can see another split but definitely rotten for the last couple years
👍️0
DiscoverGold DiscoverGold 2 weeks ago
Apple $AAPL is most oversold since 2018
By: Cheddar Flow | March 6, 2024

• $AAPL is most oversold since 2018.



Read Full Story »»»

DiscoverGold
👍️0
Agoura Guy Agoura Guy 2 weeks ago
AAPL BACK TO DECEMBER 1, 2021 PRICES...... DEAD MONEY FOR OVER 2 YEARS!!!!!!!!

***BAGHOLDERS***!!!!!!!!!!!!!

👍️ 1 〽️ 1
fung_derf fung_derf 2 weeks ago
I truly doubt there are many "bagholders" in AAPL. There are those who are up a bunch and those who aren't quite up a bunch.
And you reporting that AAPL has had issues of late is not some genius discovery. It's kind'a been reported everywhere.
Surely, you can find a number of penny stock mullets to go bag on?
Are you thinking you can single handedly, manipulate the share price of Apple?
👍️0
Agoura Guy Agoura Guy 2 weeks ago
AAPL BAGHOLDERS LOSING THEIR MINDS LASHING OUT AT EVERYONE ELSE INSTEAD OF ACCEPTING RESPONSIBILITY FOR THEIR OWN GREED!!!!!!

👍️ 1 〽️ 1
Agoura Guy Agoura Guy 2 weeks ago
ROTTEN AAPL $168.80 -1.32 (-0.78%)!!!!!!!!!

SUCKERS!!!!!!!!!


👍️ 1 〽️ 1
fung_derf fung_derf 2 weeks ago
Uhhhh, you've been saying this since June of 2020. The market has only gone up about 50% since then though. Why wouldn't we believe you now?

Agoura Guy

Re: None

Thursday, June 11, 2020 3:39:34 PM

Post#
316213
of 381376
THE MARKET IS DONE, POWELL HAS ZERO CREDIBILITY!!!
👍️ 1 💯 1 🤠 1 🤣 1
Agoura Guy Agoura Guy 2 weeks ago
THE MARKET IS WAY OVER VALUED AND LONG OVERDUE FOR A SEVERE CORRECTION!!!!!!!!! I TRADE INTRA-DAY VOLATILITY MOSTLY ON THE SHORT SIDE. OCCASIONALLY I TRADE 0DTE CALLS.

👍️ 1 〽️ 1
fung_derf fung_derf 2 weeks ago
No one ever loses money on IHUB...didn'tcha know?
You post in large caps and colors so you've convinced me.
Your posts look perfectly sane.
👍️0
Agoura Guy Agoura Guy 2 weeks ago
I HAVE BEEN TRADING 0DTE SPY PUTS SINCE JUNE, INDEX LEVLE S DON'T MATTER, ONLY INTRA-DAY VOLATILITY!!!!!!

👍️ 1 〽️ 1
fung_derf fung_derf 2 weeks ago
Well, considering it has broken below support, your post isn't exactly media worthy. However, you've been pushing shorting for quite some time. Shorting EVERYTHING!
You've been touting shorting the S&P for quite a while......eventually, you gotta be right I guess.
👍️0
Agoura Guy Agoura Guy 2 weeks ago
ITS A GREAT SHORT.... WAY OVER VALUED!!!!!!!!!

STUPID GREEDY IDIOTS BUYING AT THE TOP WILL BE WIPED OUT..... YOU WILL SEE!!!!!!!

👍️ 1 🤣 1
fung_derf fung_derf 2 weeks ago
and here....Apparently ALL your posts around IHUB have the same message. Must have been brutal for you lately.

Agoura Guy

Re: None

Saturday, April 23, 2022 11:50:59 PM

Post#
560
of 829
FRIDAY AH'S CRM $170.9 -6.24 (-3.5%) ... DOG CRAP!!!!!
👍️0
fung_derf fung_derf 2 weeks ago
Didn't you also say this recently?

Agoura Guy

Re: None

Friday, February 16, 2024 9:37:43 PM

Post#
134
of 177
SCMI $803.32 -200.68 (-19.99%) ... SUCKERS!!!!!!

WITH A P/E OF ALMOST 70 WHO ARE THE STUPID IDIOTS WHO PUMPED THIS OVERVALUED SHABBY SERVER MAKER UP TO $1,000?????

WHAT A JOKE!!!!!!!!!
👍️0
TRUSTUNITS1000000 TRUSTUNITS1000000 2 weeks ago
Trillions market capitalization
👍️0
TRUSTUNITS1000000 TRUSTUNITS1000000 2 weeks ago
Apple fine terrible, billions
👍️0
harry crumb harry crumb 2 weeks ago
Might add more, its a bargain now
👍️0
linkvest linkvest 2 weeks ago
APPL is on the run
👍️0
linkvest linkvest 2 weeks ago
This new Vision Pro is like something out of the future. It will change the world as we know it.
👍️0
Investors3 Investors3 2 weeks ago
European Union Imposes First Antitrust Fine on Apple Over Music Streaming Practices
March 04 2024 - 08:10AM
IH Market News

The European Union has imposed its inaugural antitrust fine against American technology behemoth Apple (NASDAQ:AAPL), amounting to nearly $2 billion.

The fine was levied for violating the bloc’s competition laws by preferentially promoting its own music streaming service at the expense of competitors. According to the European Commission, the executive arm and principal antitrust authority of the 27-nation bloc, Apple prohibited app developers from adequately informing iOS users about alternative and more affordable music subscription services available outside of the app.

Margrethe Vestager, the EU’s competition commissioner, highlighted the illegality of Apple’s actions in a press conference, emphasizing the adverse impact on millions of European consumers. The commission accused Apple of engaging in such practices for almost a decade, leading to consumers paying inflated prices for music streaming subscriptions.

This 1.8 billion-euro penalty follows an extensive investigation initiated by a complaint from Spotify, the Swedish streaming service, five years prior. The European Union has been at the forefront of global efforts to regulate Big Tech companies, having previously imposed multibillion-dollar fines on Google and charged Meta with distorting the online classified ad market. Additionally, the commission has launched a separate antitrust probe into Apple’s mobile payment service.

In response, Apple has criticized the commission and Spotify, announcing its intention to appeal the fine. The company disputed the commission’s findings, arguing that the decision was made without substantial evidence of consumer harm and failed to acknowledge the competitive and rapidly expanding market landscape. Apple also pointed out Spotify’s significant market share in Europe’s music streaming sector and its extensive interactions with the commission, suggesting that the decision unfairly benefits Spotify while entrenching its dominant market position.

The commission’s initial investigation focused on Apple’s requirement for app developers selling digital content to use its proprietary payment system, which incurs a 30% commission on all subscriptions. However, the focus later shifted to Apple’s restrictions on app developers from informing users about cheaper subscription payment methods outside of the apps.

The investigation revealed that Apple prevented streaming services from disclosing subscription costs outside their apps, including links to alternative subscriptions or emailing users about different pricing options.

This fine coincides with the impending implementation of new EU regulations under the Digital Markets Act (DMA), set to take effect this week, aimed at curbing the dominance of tech companies in digital markets. The DMA introduces specific regulations for “gatekeeper” companies, including Apple, Meta, Google’s parent Alphabet, and TikTok’s parent ByteDance, with the threat of significant fines for non-compliance.

Apple has already outlined its compliance measures with the DMA, including allowing iPhone users in Europe access to third-party app stores and enabling developers to offer alternative payment systems. Additionally, in response to a separate antitrust investigation into its mobile payment service, Apple has committed to opening its tap-and-go mobile payment system to competitors.

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/93411974/european-union-imposes-first-antitrust-fine-on-app
👍️0
Investors3 Investors3 2 weeks ago
Apple unveils the new 13- and 15-inch MacBook Air with the powerful M3 chip
March 04 2024 - 08:00AM
Business Wire

The world’s most popular laptop is better than ever with even more performance, faster Wi-Fi, and support for up to two external displays — all in its strikingly thin and light design with up to 18 hours of battery life

Apple® today announced the new MacBook Air® with the powerful M3 chip, taking its incredible combination of power-efficient performance and portability to a new level. With M3, MacBook Air is up to 60 percent faster than the model with the M1 chip and up to 13x faster than the fastest Intel-based MacBook Air.1 And with a faster and more efficient Neural Engine in M3, MacBook Air continues to be the world’s best consumer laptop for AI. The 13- and 15-inch MacBook Air both feature a strikingly thin and light design, up to 18 hours of battery life,1 a stunning Liquid Retina® display, and new capabilities, including support for up to two external displays and up to 2x faster Wi-Fi than the previous generation. With its durable aluminum unibody enclosure that’s built to last, the new MacBook Air is available in four gorgeous colors: midnight, which features a breakthrough anodization seal to reduce fingerprints; starlight; space gray; and silver. Combined with its world-class camera, mics, and speakers; MagSafe® charging; its silent, fanless design; and macOS®, MacBook Air delivers an unrivaled experience — making the 13-inch model the world’s bestselling laptop and the 15-inch model the world’s bestselling 15-inch laptop. Customers can order starting today, with availability beginning Friday, March 8...

https://ih.advfn.com/stock-market/NASDAQ/apple-AAPL/stock-news/93411625/apple-unveils-the-new-13-and-15-inch-macbook-air
👍️0
linkvest linkvest 2 weeks ago
the whole market is getting crushed... Time to buy the cheapies here...
👍️0
BOS BOS 2 weeks ago
May have a bottom for AAPL in here IMO
👍️0
DiscoverGold DiscoverGold 2 weeks ago
Market Maker Manipulation on AAPL Has Been Egregious in 2024
By: Tom Bowley | March 3, 2024

Be honest. How many of you thought that Apple (AAPL), Alphabet (GOOGL), and Tesla (TSLA) could struggle collectively, while the S&P 500 continued to set record high after record high? I'm not surprised at all, because secular bull market advances are stubborn and money rotates when former leaders stall. That's one of the hallmarks of a bull market. They're incredibly resilient.

Today, I want to focus on AAPL, because it's providing early signals that it will soon rejoin the bull market leadership. Here's the daily chart:



Here's what I see when I look at the AAPL chart:

1. AAPL's leadership ended with the emergence of a negative divergence in late 2023
2. AAPL gapped lower to begin 2024 and started a period of market maker manipulation where AAPL fell nearly 13 bucks. But AAPL, collectively during the past two months, fell 27 bucks at the opening bell and during the first 90 minutes of trading. In the final 5 hours of trading during January and February, AAPL actually gained nearly 15 bucks. There were plenty of afternoon buyers (market makers) accumulating shares while unaware retail traders were being encouraged to sell during the weak morning hours
3. The AD line has moved steadily higher in 2024, underscoring this accumulation
4. Price support near the 180 level is quite clear
5. AAPL broke down intraday on Friday, but recovered in the afternoon, printing a doji, one form of a reversing candlestick

While I believe AAPL is poised to regain its leadership role sooner rather than later, which will help large cap stocks and our key indices, I've begun to rotate more and more towards small cap stocks. I'm so bullish on small caps right now that I've decided to feature 3 excellent small cap trading candidates this week in my FREE EB Digest newsletter.

Read Full Story »»»

DiscoverGold
👍️0
Agoura Guy Agoura Guy 2 weeks ago
APPLE IS GETTING CRUSHED!!!!!!!!


👍️ 1 💩 1 🤡 1 〽️ 1
DiscoverGold DiscoverGold 2 weeks ago
Apple Insider Trading Alert: Chairman Arthur D. Levinson just dumped 100,000 $AAPL shares for a total value of roughly $18 million. Interesting trade with Apple trading at 4-month lows
By: Barchart | March 2, 2024

• Apple Insider Trading Alert

Chairman Arthur D. Levinson just dumped 100,000 $AAPL shares for a total value of roughly $18 million. Interesting trade with Apple trading at 4-month lows

Both Warren Buffett and Levinson are selling with shares facing a technical breakdown.



Read Full Story »»»

DiscoverGold
👍️0
pepeoil pepeoil 2 weeks ago
When the market crashes, that is the buying opportunity that we need. I’ll buy while you watch we get rich
👍️0
Barami Barami 2 weeks ago
Save your cash or short, the market crash is just beginning
👍️0
DiscoverGold DiscoverGold 3 weeks ago
Apple (AAPL):
By: Carl Swenlin | March 1, 2024

Apple (AAPL): AAPL is dealing with trying to move production out of China, and this week it shut down its EV program. The latter will probably have more effect on the EV industry than AAPL, but we'll deal with that when we get to Tesla.

Technically, we have a bearish rising wedge and a PMO negative divergence.

Prognosis: AAPL probably won't be so magnificent for at least a few years.



Read Full Story »»»

DiscoverGold
👍️0
DiscoverGold DiscoverGold 3 weeks ago
Apple (AAPL) and Google (GOOGL) Flashing "Pure Weakness"
By: Erin Swenlin | March 1, 2024

We've begun talking more about the Price Momentum Oscillator (PMO) as it relates to finding "pure strength" and "pure weakness". What it all comes down to is the zero line and the PMO's behavior above or below.

We review the Magnificent 7 charts frequently and we noticed that both Apple (AAPL) and Google (GOOGL) are displaying "pure weakness," as far as the PMO is concerned. Pure weakness is defined by the PMO moving lower or moving sideways below the zero line. The distance the PMO is away from the zero line determines the veracity of the condition.

We can see with AAPL, there was a period of "pure strength" back in November. The PMO had moved above the signal line and was rising strongly. When it topped and began to fall above the zero line, it was a sign of diminishing strength. Pure weakness set in when the PMO dropped beneath the zero line, and it is currently in effect. Had we followed the signal, it would've saved quite a bit of downside.

The rest of the chart looks pretty terrible, as well with a negative RSI and Stochastics below 20. Additionally, relative strength is failing across the board.



We see a similar setup on GOOGL, but this time the signal is arriving NOW as the PMO dropped beneath the zero line. While this doesn't mean a precipitous decline is ahead, it does tell us to tighten up stops, at the very least.

There are signs that there might be further decline ahead for GOOGL. The RSI is negative, and Stochastics are below 20. Additionally, relative strength is failing across the board.



Conclusion: The PMO can be used to determine the strength or weakness in a particular move based on its location and direction around the zero line. Based on the PMO, both Apple and Google are displaying pure weakness.

Read Full Story »»»

DiscoverGold
👍️0
pepeoil pepeoil 3 weeks ago
Is this a buying opportunity? I am taking profits from others and started buying. This chit can’t stay down long. Let’s go aapl….
👍️0
Investors3 Investors3 3 weeks ago
Investors impatient as Apple conspicuously lags in generative AI
Thursday, February 29, 2024 9:15 am
3 Comments

Apple CEO Tim Cook has been repeatedly asked the same question by investors: What is Apple doing about generative artificial intelligence? His answer: We’re working on it. It’s coming real soon now.

AAPL investors are getting impatient.

Aaron Tilley for The Wall Street Journal:

On Wednesday, Cook once again sought to address the investor concerns, as he has on every quarterly earnings call for the past year.

“We’ve been investing and innovating in AI for many, many years,” he said at the annual shareholder meeting, pointing out several areas where Apple already uses the technology. He added: “We also see incredible breakthrough potential for generative AI, which is why we’re currently investing significantly in this area.” Apple is expected to release generative-AI features in its software at its annual developer conference typically held in June.

MacDailyNews Take: The stalling for time is painfully apparent.

Apple, for years one of the most beloved stocks held by famed investors such as Warren Buffett, has had the weakest stock performance in the past year among its big tech rivals. A slowdown in the company’s core iPhone business has played a major role, but a lack of new artificial-intelligence products has also been a factor.

Microsoft has overtaken Apple as the most valuable company in the world earlier this year, a lead it looks poised to maintain for some time. Among large tech companies, Microsoft has found itself in the lead position in generative artificial intelligence as the largest investor in OpenAI, the startup behind ChatGPT.

MacDailyNews Take: Apple’s time a having a caretaker CEO to milk products and services conceived and created under Steve Jobs will, hopefully, draw to a close sooner than later. For AAPL investors, shares of Apple closed yesterday at $181.42 or 59-cents less than it closed over two years ago on January 3, 2022.

See also:
• Work on Apple Vision Pro began under Steve Jobs – August 23, 2023
• Contrary to popular belief, Steve Jobs knew about Apple Watch – February 13, 2023

With better management, Apple should be worth at least a trillion more than Microsoft currently. But, you can’t achieve those sort of results when you do things like miss transformative technologies like AI because you lack a visionary leader and have to resort to spending and scrambling madly trying to catch up to whatever you’ve blindly missed. – MaDailyNews, January 12, 2024

The difference between an operations guy following a static playbook — reacting to events instead of determining them — versus a visionary genius becomes ever more apparent with each passing year. – MacDailyNews, March 8, 2023

See also:
• Apple acquired 32 AI startups in 2023, the most among major tech companies – February 8, 2024
• Gene Munster: Apple stock likely to get a boost when ‘good enough’ generative AI arrives later this year – January 9, 2024
• Apple caught flat-footed on generative AI; company preps AI features for devices, software – October 23, 2023
• Apple posts number of job listings seeking generative AI talent – May 22, 2023
• Apple reportedly to ‘re-examine’ Artificial Intelligence development – March 8, 2023

Siri’s launch in 2011 made Apple an early entrant in consumer-focused AI products, but the company has since fallen behind in recent years. Siri struggled to keep up with rival voice assistants from Amazon and Google in accuracy and usefulness.

Android competitors have begun introducing new artificial-intelligence features into phones. Rival smartphone-maker Samsung Electronics has recently introduced its latest high-end Galaxy phones that takes advantage of some of the latest advancements in generative AI, with features such as translating languages in real time on phone calls, summarizing notes and editing photos.

MacDailyNews Take: Again, Apple is clearly not as innovative as it was under Steve Jobs who even started the company’s work on Apple Watch and Apple Vision Pro, but the company — thanks to Jobs and Cook’s subsequent management of iterations of products and services conceived during Jobs’ tenure — now has more than enough money to make up for Cook’s lack of vision.

Tim’s not a product person, per se. – Steve Jobs

If Apple can manage to train its generative AI in an unbiased way – a big IF – Apple will be just fine in generative AI soon enough. The company has an install base of more than 2.2 billion active devices in the hands of the highest quality customers; even “good enough” generative AI will be just fine. Anything above and beyond that will just be icing on the cake!

Until it gets another visionary leader (fingers crossed; Apple’s history has shown – cough, Sculley, Spindler, cough – that the next CEO could be far, far worse than the very competent caretaker Cook), Apple can afford to miss things like generative AI – which they clearly did – and then use its huge war chest to catch up – which they’re doing right now (fun times and 80-hour weeks inside Apple Park!) – and, hopefully, surpass rivals (or at least be as good). Apple will very likely unveil their catch-up work within months (this June at WWDC 2024) in iPhones (and iPads, Apple Watches, etc.) with built-in on-device generative AI and other new AI-driven features. – MacDailyNews, February 14, 2024

Related

Apple CEO Tim Cook still hasn’t introduced a mega-hit and investors are growing impatient
Wednesday, November 23, 2016
In "News"

Don’t blame Tim Cook for Apple’s stock price fall
Tuesday, April 23, 2013
In "News"

Is it time for Tim Cook to leave Apple?
Monday, December 30, 2013
In "Opinion"

https://macdailynews.com/2024/02/29/investors-impatient-as-apple-conspicuously-lags-in-generative-ai/#google_vignette
👍️0
Investors3 Investors3 3 weeks ago
Apple pulls the plug on its electric car, killing decade-long, multi-billion dollar effort
Tuesday, February 27, 2024 3:05 pm
32 Comments

Apple is abandoning one of the most ambitious projects in the history of the company, pulling the plug a decade-long, multi-billion dollar effort to build an electric car, Bloomberg News reports citing “people with knowledge of the matter.”

Mark Gurman for Bloomberg News:

Apple made the disclosure internally Tuesday, surprising the nearly 2,000 employees working on the project, said the people, who asked not to be identified because the announcement wasn’t public. The decision was shared by Chief Operating Officer Jeff Williams and Kevin Lynch, a vice president in charge of the effort, according to the people.

The two executives told staffers that the project will begin winding down and that many employees on the team working on the car — known as the Special Projects Group, or SPG — will be shifted to the artificial intelligence division under executive John Giannandrea. Those employees will focus on generative AI projects, an increasingly key priority for the company.

The Apple car team also has several hundred hardware engineers and car designers. It’s possible that they will be able to apply for jobs on other Apple teams. There will be layoffs, but it’s unclear how many.


MacDailyNews Take: The writing has been on the wall for electric vehicles for some time now. Even Tim Cook’s Apple can now finally read it.

What we have here is a company that was once led by a visionary who set the agenda for entire industries, now led by a reactive caretaker who heard somewhere that VR headsets and electric cars were the next big things (probably read it in Wired), so that’s what he had Apple do, while completely missing artificial intelligence, especially generative AI, and now is scrambling to catch up to something Steve Jobs would have focused on long before anyone ever even heard of OpenAI.

Steve Jobs bought Siri in April 2010. Steve Jobs would never have ignored Siri, basically let it rot, for well over a decade and counting. Steve Jobs would have made Siri the first conversational generative AI assistant years before anyone else. And the company would today be worth at least a trillion dollars more than it is currently. (Yes, we’re lowballing that estimate.)

Tim’s not a product person, per se. – Steve Jobs

See also:
• Apple said to be spending ‘millions of dollars a day’ on generative AI to supercharge Siri – September 7, 2023
• Apple’s Siri turns ten, still acts like a two-year-old – October 4, 2021
• Former Apple employees reflect on Siri’s ‘squandered lead’ over Amazon Alexa and Google Assistant – March 14, 2018

Clearly, Apple is not as innovative as it was under Steve Jobs, but the company — thanks to Jobs’ work and Cook’s subsequent management of iterations of products and services conceived during Jobs’ tenure — now has more than enough money to make up for Cook’s lack of vision.

Until it gets another visionary leader (fingers crossed; Apple’s history has shown – cough, Sculley, Spindler, cough – that the next CEO could be far, far worse than the very competent caretaker Cook), Apple can afford to miss things like generative AI – which they clearly did – and then use its huge war chest to catch up – which they’re doing right now (fun times and 80-hour weeks inside Apple Park!) – and, hopefully, surpass rivals (or at least be as good). Apple will very likely unveil their catch-up work within months (this June at WWDC 2024) in iPhones (and iPads, Apple Watches, etc.) with built-in on-device generative AI and other new AI-driven features. – MacDailyNews, February 14, 2024

Related

Kia stock soars to two-decade high on report it will assemble Apple Car in Georgia in 2024
Wednesday, February 3, 2021
In "News"

Apple Car pegged to launch in 2028 with Level 2+ autonomy
Tuesday, January 23, 2024
In "News"

Elon Musk responds to canceled Apple Car with two emoji
Wednesday, February 28, 2024
In "News"

https://macdailynews.com/2024/02/27/apple-pulls-the-plug-on-its-electric-car-killing-decade-long-effort/
👍️ 1
DiscoverGold DiscoverGold 3 weeks ago
Apple $AAPL trading into the apex of this triangle ahead of tomorrow morning's PCE data... Explosive move incoming
By: TrendSpider | February 28, 2024

• Apple trading into the apex of this triangle ahead of tomorrow morning's PCE data... $AAPL

Explosive move incoming.



Read Full Story »»»

DiscoverGold
👍️0

Your Recent History

Delayed Upgrade Clock

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

Support: 1-888-992-3836 | help@advfn.com