Tag: Apple stock

Goldman Sachs is finally buying into Apple as a viable addition to your investment portfolios. After six years of keeping the iPhone maker’s stock at Neutral or Sell, the investment bank has recently changed course and upgraded it to Buy. The last time Goldman Sachs...

Apple supplier Foxlink had to suspend production at its assembly facility in the Southern Indian state of Andhra Pradesh on Monday, two government officials confirmed. This move came after a fire broke out at the plant, with the company having to evacuate 400 workers...

Apple Inc is set to release its first quarter earnings after the closing bell on February 2. Investors and analysts alike are exhibiting great interest in the tech giant's financial results, particularly as an indication of how COVID lockdowns in China have impacted iPhone...

Apple is planning to introduce the use of its own custom displays in its mobile devices starting in 2024, Bloomberg News reported on Tuesday. This comes as the tech company looks to expand its in-house production and limit its reliance on outsourcing. With the company...

Apple Inc. is set to incur a production shortfall of up to six million iPhones following Covid-related turmoil at the company's key manufacturing hub of Zhengzhou in China. Health-related lockdowns have slowed down production at the Zhengzhou factory, while violent protests against China's continued Covid...

The new iPhones are not flying off the shelves in the way that Apple believed they will. As a result, the company decided to scrap its plans to ramp up the production of the iPhone 14 in the second part of 2022. According to Bloomberg,...