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Apple's stock price rose 1.7% on Tuesday, thanks to which the company set a new record in terms of capitalization and surpassed Microsoft. Now, the cost of Apple reaches $821.7 billion - 4.3 billion more than Microsoft. Amazon's capitalization exceeded $815.1 billion, and Alphabet's - $791.6 billion. The last five sessions have increased the price of Apple shares by 12.7%. The shares went up by almost a quarter from 3 January. Despite the record this year, the company's capitalization is lower compared to October last year. Amid falling demand for smartphones, Apple’s value has declined.
On Friday, Axios Media Inc. reported a document acquired by tech watchdog group Tech Transparency Project which indicates that multiple U.S. states were investigating Apple (AAPL) due to deceptive trade practices. According to the report, ...
SensorTower announced on Wednesday that Apple (AAPL) removed more than 2,500 games from the China App Store in the first week of July. The move came after the U.S. tech giant closed a loophole to comply with China’s license requirements. Apple ...
On Thursday, the semiconductor manufacturing company Broadcom Inc. (AVGO.O) posted its second-quarter revenue estimates worth $5.742 billion and suggests a delay on the Apple Inc.’s (AAPL.O) iPhone 12 launch on the first week of September ...
SHANGHAI – Apple has sourced and procured 10 Million masks to donate them to the medical community of China amid the coronavirus outbreak. CEO Tim Cook said that Apple resumed its operations and reopened its 42 stores in China. The Apple ...
Apple Inc. will pay $500 million to resolve litigation that accused the company of deliberately slowing down older iPhones in each new model launch, as a way to encourage owners to buy the newer model or replacement to old iPhones. The preliminary ...
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