Nasdaq Stocks Fall Amid Apple Decline
The tech-heavy Nasdaq Composite Index took a tumble on Thursday as Apple shares continued to fall. The tech company's stocks declined following China's decision to prohibit government officials from using iPhones. The government is now considering extending the ban to state companies.
Stocks on the...
Apple Revenue Falls Amid Slump in iPhone Sales
Apple shares slumped by as much as 2.5% lower during after-hours trading on Thursday night following the release of the company's second-quarter financial results.
The tech giant's revenue for the three months ending June declined by 1.5% amid a third quarterly decline in iPhone sales....
Apple Stock Sees a Brief Jump Following News of AI Project
Apple’s reported entry into the world of complex artificial intelligence tools got the attention of investors and caused the company’s stock to have a brief jump on Wednesday. The shares of Apple jumped more than 2% at one point, reaching $197.18, before settling at...
Apple on Track to Close at Record High
Apple Inc. is on track to close at a record high after experiencing ahead of its most notable product launch event over the last decade. Shares in the company rose by 0.6% to $182.09 during premarket trading, thereby extending the iPhone maker's year-to-date growth...
Apple Closes in on $3 Trillion Stock Valuation
Apple is approaching a valuation of $3 trillion after its stock surged throughout since the start of the year. The company's shares are up 35% for the year to date, outpacing the 9% growth of the S&P 500.
The highest-valued company on the New York...
Apple Shipments Plummet in First Quarter
Apple Inc.'s personal computer shipments fell by 40.5% during the first fiscal quarter, thereby following the industry trend of companies struggling to sell excess inventory. The company's shares fell by 1.7% following the announcement.
During the same period of Apple's decline, shipments across PC makers...