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Capitalization of the American Apple, which exceeded a trillion dollars in August, will grow by another 20% by the end of 2019, the price of its one share will be 272 dollars, analysts of JPMorgan believe. According to analyst Samik Chatterjee, the growth of financial indicators and company shares stimulate Apple's confident actions on the transformation from the electronics manufacturer to the service company. Analysts at JPMorgan predict further growth of Apple's activities in its existing markets, as well as the company's advancement to new markets, where it will buy up other corporations and start-ups. It is expected that due to services and the category of “other products”, Apple's revenue by 2022 will increase by $269 billion.
Samsung Electronics Co Ltd looks forward to the second half of the year as it expects a larger increase in chip demand brought by new smartphone launches. However, the company warned that the coronavirus crisis and trade disputes carry risks. Samsung, ...
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, Boeing Co (BA.N) announced that the company is pulling the plug on its hulking 747 jumbo jets, ending a half-century run for the twin-aisle pioneer. According to the aerospace company, the last 747 jumbo jets would roll out from ...
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