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Apple Stock Reaches New High Backed By Price Target Adjustments

Apple’s stock reached its new high on Monday, backed by optimism about the company’s upcoming Artificial Intelligence offerings and price target adjustments by analysts. The company’s shares traded at $236.49 early in the day before closing at $234.40 per share. Morgan Stanley’s analysts labeled Apple’s...

Apple Approves Epic Games Store in Europe After a Public Call-Out

Epic Games, the maker of global hit game Fortnite, confirmed that its Epic Games Store has been approved for Apple’s App Store in Europe. However, the move only came after Epic called out Apple publicly for rejecting its notarization submission and appears to be...

Apple and Meta Had Discussions About AI Partnership

iPhone maker Apple and Facebook’s parent company Meta could soon become partners instead of rivals. At least, that is what a recent report from The Wall Street Journal is indicating. According to The Wall Street Journal, Apple and Meta have recently discussed a potential partnership...

Nvidia Overtakes Apple as the Second Most Valuable Company on the US Stock Market

Shares of chipmaker Nvidia continued their climb on Wednesday, jumping 5.16% to reach an all-time record of $1,224.40. This pushed the company’s market cap past the $3 trillion mark for the first time ever, helping it surpass Apple as the second most valuable company...

iPhone Shipments Drop By 10%, Get Overtaken By Samsung as World’s Largest Phone Seller

2024 is shaping up to be a challenging year for tech giant Apple. The company saw its iPhone shipments drop by almost 10% in the first quarter, allowing Samsung to once again claim the spot as the world’s largest phone seller. Data released by IDC,...

Global PC Shipments Fall By 9% in Q3

Global personal computer shipments declined by 9% during the third quarter of 2023, matching up with expectations from Gartner Inc. analysts. The analysts added that they expected this quarter to be the lowest point in a two-year market slump. In a statement on Monday, Gartner...