Apple Inc cornered nearly a quarter of the global smartphone market in the fourth quarter, making it the world's biggest seller, while shipments for Huawei plunged after it was hit by U.S. sanctions.
Apple Inc cornered nearly a quarter of the global smartphone market over October-December and jumped to the top of the winner's tally, IDC data showed, as shipments surged 22%.
Asian shares slid on Thursday while the safe-haven dollar rallied as a sudden sell-off on Wall Street and delays with coronavirus vaccines shook investor optimism about an early recovery for the global economy.
Apple (NASDAQ: AAPL) reported the results for its fiscal first quarter (ended Dec. 26, 2020). To say it was a blowout wouldn't be hyperbole. Revenue grew 21% year over year to a record $111 billion. That growth resulted in earnings per share (EPS) of $1.68, an increase of 35% tha
Asian stocks skidded on Thursday following a sharp Wall Street decline amid deepening concerns about stretched valuations in equities markets, while the dollar and bonds strengthened.
Looking For The Top Tech Stocks To Buy In February?When it comes to tech stocks, every press release and earnings seem to matter. These stocks have been under investors’ radar for a very long time. In fact, top tech stocks have led the stock market higher, so much tha
NEW YORK (Reuters Breakingviews) - Apple's replacement for its iPhone cash cow is arguably its services business. The $2.4 trillion technology firm hauled in nearly $16 billion in revenue last quarter from charging customers for cloud
The stock market moved sharply lower on Wednesday, showing some cracks in the long bull market that investors have enjoyed since last April. Controversy surrounding stocks with high short interest levels continued to dominate the attention of many individual investors, but weakn
(RTTNews) - Apple Inc. (AAPL) Wednesday reported a first-quarter profit that trumped Wall Street estimates, as the iPhone maker's revenues topped $100 billion driven by strong demand for latest iPhones and wearables segment.Apple's first-quarter profit rose to $28.76 billion or $
It was an abysmal day for stocks, with all three major indexes languishing in the red before logging dramatic losses. In fact, the Dow suffered its worst day since October, shedding over 630 points. A disappointing quarterly report from Boeing (BA) was partly to blame, though r
U.S. stocks suffered their biggest one-day percentage drop in three months on Wednesday, adding to losses after the latest Fed statement as major indexes were also pressured by a slump in Boeing and a selling of long positions by hedge funds.
Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sparked a 57% rise in China sales.
(RTTNews) - Apple Inc. (AAPL) announced a profit for its first quarter that advanced from last year.The company's earnings came in at $28.76 billion, or $1.68 per share. This compares with $22.24 billion, or $1.25 per share, in last year's first quarter.
Baidu Inc has received a permit from the state of California to test self-driving cars without a driver behind the wheel, the state's Department of Motor Vehicles said on Wednesday.
Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sparked a 57% rise in China sales.
U.S. stocks suffered their biggest one-day percentage drop in three months on Wednesday, adding to losses after the latest Fed statement as major indexes were also pressured by a slump in Boeing and a selling of long positions by hedge funds.
A surge of retail stock trading over the last year lit the fuse that sent shares of GameStop Corp rocketing higher without a clear business reason, market watchers say, squeezing hedge funds that had bet against the video game retailer and other companies that were out of favor on Wall Street.
U.S. stocks dropped more than 1% on Wednesday, showing little reaction to the latest Fed statement, as major indexes were weighed down in part by a slump in Boeing and hedge funds selling off long positions to cover a short squeeze.
When Disney (NYSE: DIS) launched its flagship streaming platform Disney+ just over a year ago, Verizon Communications (NYSE: VZ) made a big, if somewhat calculated, bet on the nascent service. Just prior to its launch, Verizon teamed up with the House of Mouse to offer Disney+ fr
The following companies are expected to report earnings after hours on 01/27/2021. Visit our Earnings Calendar for a full list of expected earnings releases.Apple Inc. (AAPL) is reporting for the quarter ending December 31, 2020. The computer company's consensus earnings per sha