Apple Inc. is delaying its return to office plans indefinitely, Bloomberg News reported, while the company said it has temporarily closed three stores in the United States and Canada after a rise in COVID-19 cases and exposures among the stores’ employees. The company’s employees were previously set to return to offices on Feb. 1, according…
KeyBanc Warns Against Heavily Constrained Apple iPhone 13 Supply
KeyBanc analyst John Vinh says his November carrier survey indicates Apple Inc. iPhone 13 supply remains heavily constrained. The demand continues to outstrip availability during the Thanksgiving holiday period. While the analyst recently observed modest supply improvement, most of the stores surveyed reported not having any 13 Pro/Max availability. Carrier store DOI remains very lean at well…
US Labor Department to Probe Apple Over Whistleblower Counterattack
The U.S. Department of Labor is investigating Apple Inc. over alleged retaliation against a whistleblower, Financial Times reports. Ashley Gjovik, 35, served as a senior engineering program manager for six years. Apple fired her for allegedly leaking confidential information in September. The employee complained of workplace harassment and unsafe working conditions. Gjovik, who regularly tweeted about her…
Android Users, Worried Someone Is Spying on You With AirTags? Apple Has Released an App to Put Your Mind at Ease
Apple Inc. has released “Tracker Detect,” an app that allows users of Android, to detect its AirTags. What Happened The application is available on the Play Store app marketplace and helps Android users to detect AirTags, albeit manually, as per an Apple Support document. “If you think someone is using an AirTag or another item…
Business Chart of the Day: Reversal in Apple’s Stock
The bears may be taking control of Apple Inc. This means the stock may be about to head lower. When stocks are rising, the bulls are in control of the market. When an uptrend line breaks, meaning it’s crossed on the price chart, it could be an early indication that the bears, or sellers, may…
Apple Inching Toward $3 Trillion Market Capitalization
December 14, 2021
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The world’s most valuable company is on the cusp of achieving another milestone as it inches towards a $3 trillion market capitalization after a surge in growth since 2019 saw the share price increase more than 370 percent. Apple is currently trading around $175 after closely approaching the $182.86 mark needed to achieve the $3…
Apple’s Upcoming iPhone SE 5G Could Help Attract Billion-Plus Android Users: J.P. Morgan
Apple Inc.’s upcoming iPhone SE 5G has the potential to attract more than a billion non-premium Android users, J.P. Morgan analysts said on Monday. The company is expected to launch the iPhone SE with 5G capabilities in early 2022, according to media reports and the brokerage, with the analysts adding the model will allow Apple…
Apple Gets New Street-High Price Target: ‘Top Pick Into 2022’
Apple, Inc. is on the cusp of topping a $3 trillion market capitalization, potentially becoming the first company to do so. Monday, the company’s shares received a Wall Street-high price target from an analyst at JPMorgan Securities. Apple Analyst Samik Chatterjee reiterated an Overweight rating on Apple stock and named it the firm’s top pick…
Apple to Bring Nudity-Detection In Messages on iPhone, iPad With New Update, Says Expert
Apple Inc is gearing up to launch the latest version of its iPhone and iPad operating system, which will contain nudity detection in the Messages app for devices used by children, as per journalist Mark Gurman. What Happened: Gurman said in the latest edition of his newsletter that coming changes to Messages in iOS 15.2…
Is Apple Stock Due to Cool Off and Consolidate Again?
Apple Inc. shares were trading slightly lower Monday morning, as the stock received a price target upgrade. One JPMorgan analyst maintained the Overweight rating on the stock and raised the price target to $210. By publication on Monday, Apple was down 0.58 percent at $178.41. Apple Daily Chart Analysis Shares have broken out of what…
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